Afifa Rana
Hyderabad
Summary
AML & KYC compliance professional with extensive experience at ICICI Bank, skilled in implementing effective AML strategies and conducting comprehensive customer due diligence. Demonstrated expertise in risk identification and enhancement of compliance processes, utilizing strong analytical skills to mitigate financial losses. Focused on fostering collaborative team environments and achieving compliance excellence.
Overview
6
6
years of professional experience
Work History
KYC COMPLIANCE
KOTAK MAHINDRA BANK
HYDERABAD
03.2025 - Current
- Advised stakeholders on appropriate risk mitigation strategies related to KYC compliance issues.
- Identified potential issues related to AML and KYC compliance in accordance with applicable laws and regulations.
- Developed training materials for sales staff on topics related to KYC compliance.
- Managed relationships with external vendors providing support services related to KYC compliance.
- Coordinating with clients on KYC requirements (large corporate clients, MNC clients).
- Hassle-free onboarding of clients in accordance with KYC compliance.
MANGER AML
ICICI Bank
06.2021 - Current
- Managed and motivated employees to be productive and engaged in work.
- Accomplished multiple tasks within established timeframes.
- Maximized performance by monitoring daily activities and mentoring team members.
- The process mainly comprises of ICICI Bank & Enterprise-With profiles, conducting SAM (Suspicious Activity Monitoring) Review on Scenario based alerts
• Provide support as SME (Subject Matter Expert) to a team and handling queries of team
• Conduct reviews for Anti-Money Laundering (AML) and Know Your Customer (KYC) alerts, basic case investigations, Customer Due Diligence (CDD) and sanction screening
• Responsible for complying with the BSA requirements to prevent, detect, and deter money laundering and terrorist financing through the review of system generated Alerts
• The responsibilities include KYC Review, Alerted Transaction Review, Due Diligence Research
• Perform Investigation on Scenario based alerts like HRJs I Sanctions I PEP I Gaming & Gamble I Charitable/NPOs I Watch listed Accounts I Structuring Concerns I Marijuana Business and Other Scenarios
• Conduct initial analysis of customer transactions using internal/external research tools to assess and determine if the transactions seem plausible or if there is reasonable suspicion that the transaction involves money laundering
• Initiate investigations on specific transactions to determine whether they are suspicious and take decisions for its logical conclusion on risk-based approach
• Complying with the BSA requirements to prevent, detect and deter money laundering and terrorist financing through the review of system generated alerts
• Alerted transaction review, Doing KYC review, Due diligence research, negative news search and a decision to close the alert with no risk or escalate to a case investigation accompanied by a thorough analysis narrative
• Doing L2 Review on AML alerts for potential suspicious activity within turnaround time by maintaining good quality
• Performing the required KYC screening on customers and documented information obtained on the customers as required global KYC procedures.
DEPUTY MANGER
ICICI Bank
06.2019 - 08.2021
- Supported KYC processes for prospective and existing customers.
- Ensured compliance with regulatory requirements by conducting thorough customer due diligence checks.
- Adjusted end-to-end KYC process needs to align with workforce capabilities.
- Identified potential risks and red flags through comprehensive customer risk assessments, mitigating potential financial losses.
- Reduced the risk of money laundering and terrorist financing by implementing robust KYC policies and procedures.
Education
Post-Graduation Diploma - Banking and Insurance
Manipal University
India, IndiaClass X - Science
ICSE Board
RanchiClass XII - PCMB
CBSE Board
RanchiBCA -
Ranchi University
RanchiSkills
Microsoft PowerPoint and Excel
- Productivity assessment
- Strategic planning
- KYC compliance and AML regulations
- Customer due diligence
- Suspicious activity monitoring
- Risk assessment
Software skill set
Microsoft-Excel, Microsoft-Power Point
Personal Information
Disclaimer
I, hereby declare that the information furnished above is true, complete and correct to the best of my knowledge.
Timeline
KYC COMPLIANCE
KOTAK MAHINDRA BANK
03.2025 - Current
MANGER AML
ICICI Bank
06.2021 - Current
DEPUTY MANGER
ICICI Bank
06.2019 - 08.2021
Post-Graduation Diploma - Banking and Insurance
Manipal University
Class X - Science
ICSE Board
Class XII - PCMB
CBSE Board
BCA -
Ranchi University
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