Team Lead - Sanctions and PEP Research

Solytics Partners provides products and services to BFSI and Healthcare firms. We use AI/ML and cutting-edge technology to develop next-generation solutions or provide efficient services. We have a strong team of PhDs in AI/ML and experts in BFSI and the healthcare industry. Our regulatory-compliant solutions and services enableleading corporations and institutions to create and sustain competitive advantage. Bachelor's and University Degree in Legal, Financial Services, Business, Finance, Computer Science, Education, MBA, Economics, Statistics, Engineering Solytics Partners is seeking a full-time candidate for the Team Lead - Sanctions and PEP Research role. To ensure compliance and mitigate risk, you will be responsible for comprehensively screening individuals and entities against global sanctions lists issued by OFAC, the EU, and other international agencies. Perform thorough reviews of individuals and business entities identified in high-risk scenarios to determine the level of risk associated with each case. Identify and assess false, partial, and true hits and provide accurate documentation for sanction-related matches to support effective risk management. To ensure accurate and compliant screening processes, maintain a strong understanding of regulatory practices in AML, OFAC, and sanctions, along with local laws. Implement and periodically revisit PEP (Politically Exposed Persons) screening based on risk categories, ensuring ongoing evaluation of individuals' current influence and any relevant connections between their positions. Responsibilities:-

• Lead and manage the Sanctions and PEP Research team.
• Apply data research and secondary research methods for data extraction.
• Conduct secondary research on Anti-Money Laundering, focusing on sanctioned entities, individuals, and Politically Exposed Persons (PEPs).
• Create and maintain a comprehensive database of PEPs.
• Extract data points from specific web sources based on the agreed scope and parameters promptly.
• Ensure the extracted data is cleaned, verified, and standardized.
• Establish a robust process to ensure data integrity and sanctity.
• Complete all deliverables within stipulated timelines and SLAs, updating relevant stakeholders.
• Explore avenues to streamline and automate processes to generate efficiencies and reduce manual errors.

• Proven ability to lead a team effectively.
• Strong knowledge of data extraction methods, including secondary research.
• Experience with AML (Anti-Money Laundering) research, particularly on sanctioned entities and PEPs.
• Proficiency in database creation and maintenance.
• Excellent attention to detail and ability to ensure data accuracy.
• Strong organizational skills with the ability to manage multiple tasks and deadlines.
• Innovative mindset with a focus on process improvement and automation.