Senthilkumar M

• Have a good understanding part of the AML KYC Risk & control framework.
• Excellent knowledge of the MCA,GRC,ARCM and risk management framework.
• The underlying concepts on Risk Management Assist in performing the Quality check on the monitoring reviews that are defined per ARCM Document the quality fails, any learnings or issues that may arise and pass the feedback to the Supervisor Monitor the compliance of control as appropriate to the regulatory requirement.
• MCA through controls Coordinate the adherence to the MCA Standard through controls after the execution of a process Collaborating with onshore and offshore teams understanding the process changes if any and participate in trainings, meetings & etc..
• Helped risk management team produce timely reports analyzing [Type] data.
• Enhanced collaboration between departments by serving as a liaison between functional groups on matters related to risk management.
• Collaborated with internal audit teams to assess the effectiveness of implemented risk controls as part of ongoing monitoring activities.
• Managed team workload to reach targets for specific tasks.
• Worked with customer service to handle escalated customer issues.
• Collaborated with team members to achieve project goals within tight deadlines, ensuring timely completion.
• Provided ongoing coaching and mentoring to junior staff members, fostering their professional growth and career advancement opportunities.

KYC EXPERIENCE :

• The KYC end-to-end process for Retail products and Cards or KYC lifecycle, includes: KYC verification and due diligence: During onboarding, verification and due diligence confirms the customer's identity and assesses their level of financial crime risk.
• Performed EDD on politically exposed persons and high net worth individuals and escalated any potential issues to the appropriate authorities.
• Conducting Risk assessment and determine the risk (HIGH,LOW,MEDIUM)Ensuring compliance with all AML laws, regulations, guidelines, written procedures; OFAC, CIP, KYC, customer/transaction monitoring.
• Conduct the background screening on the client's name (Entity, Partnership, Trust & Individual) & other official's names using tools such as World check, Equifax & Green id (Ilion) Performing sanction screening, PEP, SDN, Adverse Media & Negative news screening performed in accordance with Procedures.
• Performed UBO drilldown calculation and Periodic review.
• Perform independent review on customer identification, document formalities of different types of accounts (Individual, corporate & trusts account) and ensure all accounts satisfy the required standards and Verifying KYC documentation as per the AML & CIP policy before onboarding
• Updating FATCA and CRS details in customer records after background checking and verification.

AML EXPERIENCE

• Analyze and assess the alerted activity flagged by the transaction monitoring systems, such as deposits, transfers, and withdrawals.
• Review checks, international wire transfer and Swift payments, and more that alerted within the customer's transactions.
• Conducted complex case investigations in L1 and L2 level alert clearing and suspicious activity report filing.
• Utilized workplace tools such as World-Check and the Actimize application to assist in conducting AML screening and reviews in accordance with the bank's policies and procedures.
• Identified and reported suspicious activities and potential money laundering activities to the compliance team.
• Identifying and reporting suspicious activities, such as large or unusual transactions.
• Prepare and file Suspicious Activity Reports ("SAR") for escalated activity .
• Identifying and assessing money laundering and terrorist financing risks associated with the company's products, services, and customers.

• Reviewing the customer application and open term deposit accounts and Savings account Focused on understanding the customers problem its remediation quickly Researching and validating client identification and data via internal and external sources Worked proactively to reduce the number of SLA cases for BAU team.