Job Purpose
To optimize, maintain, and enhance the performance of the group-wide Fircosoft Sanction Screening system for Payment Screening and Customer Screening. The role involves fine-tuning configurations to improve detection accuracy, ensuring compliance with regulatory standards, minimizing false positives, and maximizing operational efficiency.
Key accountabilities
Generic Accountabilities:
Conduct regular system performance evaluations to identify areas for improvement in Fircosoft's Payment Screening and Customer Screening modules.
Implement fine-tuning and rule adjustments to enhance screening accuracy.
Ensure the screening system adheres to international sanctions, regulatory requirements, and group-wide compliance policies.
Collaborate with group-wide compliance teams to align system functionality with regulatory updates.
Analyze screening results and system performance metrics to identify trends and areas for adjustment.
Generate reports on key performance indicators (KPIs) and system tuning activities.
Work closely with IT, compliance, and operational teams to ensure smooth system operations and integration with existing workflows.
Provide support during audits and regulatory inspections related to the sanction screening process.
Establish and monitor quality control mechanisms to ensure the accuracy and efficiency of sanction screening processes.
Conduct periodic reviews of screening workflows and recommend process improvements. Identify and mitigate risks associated with inadequate screening or system malfunctions.
Maintain detailed logs of system changes to ensure traceability and accountability.
Specific Accountabilities:
Develop and modify Fircosoft screening rules, watchlist configurations, and fuzzy logic parameters to balance compliance and efficiency for the group-wide.
Validate new rules and configurations in test environments before deployment.
Identify patterns leading to false positives and implement strategies to reduce them without comp