ARCHANA Rao

Leveraging over 16+ years of experience in Banking Industry with expertise in Anti Money Laundering, Counter Terrorism Financing and Sanctions Operations. Certified Anti-money Laundering specialist (ACAMS). Lead Team who performs AML investigations, Watchlist Management and Sanctions Operations. Leadership and Team Management. Stakeholder Management. Conflict Resolution and Escalation handling. Communication and Interpersonal Skills. Decision Making and Problem Solving. Encouraging manager and analytical problem-solver with talents for team building, leading and motivating, as well as excellent customer relations aptitude and relationship-building skills. Proficient in using independent decision-making skills and sound judgment to positively impact company success. Dedicated to applying training, monitoring and morale-building abilities to enhance employee engagement and boost performance.

• Investigations conducted on the triggered alerts based on various Detection Scenarios
• Monitoring of suspicious activities and ensuring transaction are conducted on a risk-based approach and the transactions appearing to be unusual/suspicious are escalated and reported to Australian regulator - AUSTRAC
• Acting as AML subject matter expert, providing direction to team members on appropriate remediation action for high-risk customers, sanction entities, politically exposed, watch-list entities and so on in coordination with RMs and Business Banking Managers
• Investigating, reviewing & resolving AML related and economic sanction related alerts
• Preparing reports & statements with a view to apprise management of process operations and assist in critical decision-making process
• Identifying process development ideas and work with appropriate stakeholders to develop project scope of work documents and project plans that include work schedule and any related risks, assumptions, actions and issues
• Ensuring compliance to anti-money laundering regulations &group standards and notifying Money Laundering Reporting Officer on any non-compliance
• Expertise in tools such as Mantas, World check, Norkom/Netreveal, DnB, Lexis Nexis, Bankers Payments system like Wirehousee, MOS, etc. to effectively manage risk

• Training the new joiners in identifying the trends and patterns in transaction monitoring, PEP and High-risk customers
• Conducting effective Quality assurance on the alert /case processed by new joiners
• Monitor productivity of the team, ensure at minimum productivity levels are met and the team meet SLA rating and TAT accuracy
• Assigning of work to the team member
• Attending daily calls with the stakeholders and ensuring all the work are completed within the agreed SLA
• Identifying the gaps in the procedures and coordinating with the relevant teams to fix the gap and training the staffs on the same

• Responsible to perform Quality Checks and ensure acquiescence with compliance standards and regulatory requirements
• Preparing Daily reports on allotment and making sure that the alerts are completed within the stipulated time
• Preparing Daily reports on individual allotment
• Preparing aging reports and status of alerts reports
• Also trained in Lean Management
• Worked in project in "Process Development"

Certified Anti-Money Laundering Specialist Certified Anti-Money Laundering Specialist (CAMS) Certified Anti-Money Laundering Specialist (CAMS)