Shaik Sameeulla

Key Responsibilities:.

• Reviewing monthly alerts of Individuals and Entity customers.
• Perform background checks, sanctions and negative news searches as well as PEP screening to complete the KYC checks and document it.
• Identifying Negative hits through Norcom, Worldcheck, FGB, LexisNexis etc.
• Gathering and reviewing of client information, as well as monitoring financial transactions for existing clients to identify any suspicious activities.
• Identifying the SOF, SOW and the Ultimate beneficiary of funds by using the Internal & External search.
• Monitoring cross border transactions effectively to mitigate the risk.
• Raising RFI’s for the unusual/suspicious transactions.
• Identifying and researching the patterns, trends and anomalies in transactional and customer data to detect, prevent, mitigate and report suspicious activity related to money laundering and terrorist financing.
• Evaluating transactions and customers’ relationships for money laundering activities and identified red flag issues.

Key Responsibilities:.

• Review of automated alerts & completing the task within agreed timeline and turnaround time.
• Undertake a wide range of data gathering and identify any AML related risks, deviations or deficiencies in the KYC or customer information/ suspicious transaction.
• Raising RFI’s for the unusual transactions observed in customer account and closing the request in stipulated time to mitigate the risk for bank.
• Perform all AML functions across the bank, including detection/reporting of suspicious transactions and activities.
• Respond to notices/requests from Police, Central Bank and other statutory authorities, correspondent banks.
• Preparing AML reports like EDD/STR and reporting AML fraud STR’s to UAE Central Bank.

Key Responsibilities:

• Monitoring High, Medium and Low Risk Customers and Conducting CDD/EDD. Which includes Individuals, Corporate and Trust accounts.
• · Researching client information on Bloomberg, Adverse media, Reuters, World Check and LexisNexis for any Negative news.
• · Reviewing cross border transactions effectively to mitigate the risk
• · Raising SAR or UAR for Suspicious or Unusual transactions.
• · Conducting reviews on Know Your Customer (KYC) NTB/ETB activity, Monitoring and Surveillance activity, Sanctions and other financial crimes related activities
• · Investigate and assess alerts for potential money laundering risks in the Bank.
• Undertake a wide range of data gathering and identify any AML related risks, deviations or deficiencies in the KYC or customer information/ suspicious transaction and highlight to senior management for further investigations
• Identify key risks posed by potential clients, including legal structure, industry sector, customer base, delivery channel and/or reputation

Key Responsibilities:.

• Investigating credit card applicant’s details.
• Identification of Fraudulent transactions, Fraud and Dispute case analysis.
• Monitor/Investigate customer credit card accounts and dispute cases for fraudulent activity.
• Doing chargeback’s with different reason codes on fraudulent and disputed transactions.
• Analyzing merchant and cardholder account transactions to identify abnormal activity that may be fraudulent.
• Contacting merchants and cardholders to validate the authenticity of charges.