ARADHANA PAL

ROLE:

• Working for Anti Money Laundering (AML), Sanctions, and Global Payments in the Global Payments Process of Barclays Shared Services LTD with the following responsibilities: Global Payments Process: Performing Customer Screening, KYC, and AML checks. Identifying sanctioned parties i.e. prohibited countries and entities in the payments.
• Payment Screening & Customer Screening with respect to Barclays global policy.
• Responsible for Sanctioning of Customer According to norms of UKHMT, O.F.A.C, UN, EU and other sanctions lists.
• Screening and identifying the financial sanction in swift messages.
• Screening and identifying AML activities and escalating that According to norms of UKHMT, O.F.A.C, UN, EU and other sanctions lists.
• Performing secondary financial data research and financial data analysis.
• Performing secondary data research to identify the prohibited goods and services in sanctioned countries and entities.
• Screening of International payments (Person, Organizations, Vessels & Location) & Negative Word related alerts.
• Conducting thorough Investigations on live alerts.
• Investigate the unusual activities & Escalate true matches to L4 & L5.
• Releasing/Approving the payments for False Positive cases through Google search.
• Handling the activities performed in the transactions & stop the unusual activities.

• Anti-Money Laundering Department
• Analyzed reports for discrepancies and suspicious activities
• Transactions monitoring as per the alert triggered at the L1 level
• Matching transactions from customer's profile
• Followed standard AML procedures and processes
• Assessed compliance with banking laws and reported suspicious entries and actions
• Experienced in preparing detailed documents and reports
• Raising STR as per RBI guidelines and submitting the same on FIU portal
• Data analysis of monthly STR raised cases
• Review documentation to prevent fraud, money laundering, and identity theft losses
• Prepared Ground of Suspicion (GOS) to report Financial Intelligence Unit - India (FIU-IND)
• Present strategies and findings at monthly department meetings
• Support development of procedural improvements to maximize effectiveness.