BALAJI SRINIVASAN
AML Compliance Officer
Bangalore
Summary
Certified Anti-Money Laundering Specialists (CAMS) offering 12 years of experience in reviewing financial documents and digital records. Effective at directing, monitoring and inspiring team members to complete accurate and timely investigations and reports. Talented in training employees, solving complex problems and making sound decisions.
Overview
13
13
years of professional experience
7
7
years of post-secondary education
2
2
Languages
Work History
Transaction Monitoring Assistant Manager
HSBC EDPI
05.2023 - Current
- Review the cross-border wire transition made by KYC and KYCC customer’s and conclude/Report the transaction based the information on public domain and Source system
- Request for additional information by contacting the various compliance or relationship managers to determine if the facts and circumstances surrounding unusual transactions warrants closure of the investigation or if further reporting is warranted
- Prepare reports using Excel to display transaction flow of payments and/or other payment activities and perform quality assurance
- Provided consistent reporting and monitoring related to high-risk accounts.
Transaction Monitoring Assistant Manager
BNP Paribas ISPL
12.2022 - 05.2023
- Reviewed bank's products such as personal checking and savings account, business checking accounts, checks, international wire and more that alerted within customer's transactions
- Conducted complex case investigations, alerts clearing, and Suspicious Activity Report filing Completed alerts narratives in FCRM to compile evidence regarding potential illicit activity
- Utilized workplace tools such as LexisNexis, World-Check to assist in conducting AML Screening and reviews in accordance with the bank's policies and procedures
- Evaluated client's AML KYC risk, conducted independent research, verified appropriate risk profile, and made independent risk assessment recommendations
- Prepared due diligence commentary that demonstrated a complete analysis and assessment of the client's transaction activities.
Transaction Monitoring Associate Manager
Standard Chartered Global Business Services
06.2020 - 02.2022
- Monitored and alert bank accounts for suspicious activity to detect possible money laundering, terrorist financing, structured cash deposits/withdrawals and unusual patterns of questionable account activity
- Conducted risk-based searches using the internet and internal bank KYC systems
- Researched all counterparties and associated parties involved in transactions
- Documented all evidence in case management Excel spreadsheets to clear or escalate cases
- Written a detailed, clear and concise narrative of findings
- Escalate suspicious cases to FIU for possible SAR filings
- Conducted alert investigation using global standard policies, procedures, and tools, aimed at meeting internal and external regulatory requirements qualifications.
Trade Finance Operations Assistant Manager
HSBC EDPI
08.2015 - 06.2020
- First level review of potential customer accounts against list of sanctioned individuals, entities, vessels,and countries provided by the regulators and internal watch list
- Perform detailed investigations on counter parties involved in the transactions and determine whetherthere is any risk from Fraud, AML, and sanctions point of view
- Look for the red flags like transactions passing through sanction and High risk countries and movingthe transactions to further level
- Investigate to identify suspicious /unusual transactions to prevent Money Laundering and ensurecompliance with sanctions procedure
- Reviewing the alerts generated by system and releasing the payments if criteria match with OFAC,HMT and group sanction policy
- Reviewing and researching all OFAC suspects on vendor software each time data list is updated
- Exposure on MT103, MT202 & MT202cov payments.
Branch Banking Clerk
City Union Bank Limited
12.2011 - 07.2015
- Responsible for KYC Validation for new accounts as per the regulator norms and ensure the timelyupdating on systems, following up on the mandate docs with the internal bank team
- On boarding the clients post the compliance approval and validation of documents
- Advisory to the Front Office on Account Opening and Periodic Reviews
- Account opening/maintenance/closing based on KYC report and client’s information
- Responsible for obtaining supporting documents from the clients to complete the process
- Processing Utility Bill Payment Services (UBPS), Service charges reversals, ATM disputes, centrallevel ECS mandate registering to the customers
- Performing basic and CDD and EDD screening on new and existing clients
- Processing the client request within the specified TAT and timely completion of checklist.
Education
Bachelor Of Engineering - Electrical And Electronics
Sona College of Technology
Salem 08.2005 - 04.2009
CAMS -
The Association of Certified Anti-Money Laundering
11.2023 - 11.2026
Skills
Operations management
undefinedAccomplishments
- Certified Anti Money Laundering Specialist (CAMS) from ACAMS, Nov’23
- Certified Anti Money Laundering Investigator (CAMI) from Ponsun AML Academy, May’22.
Timeline
CAMS -
The Association of Certified Anti-Money Laundering
11.2023 - 11.2026
Transaction Monitoring Assistant Manager
HSBC EDPI
05.2023 - Current
Transaction Monitoring Assistant Manager
BNP Paribas ISPL
12.2022 - 05.2023
Transaction Monitoring Associate Manager
Standard Chartered Global Business Services
06.2020 - 02.2022
Trade Finance Operations Assistant Manager
HSBC EDPI
08.2015 - 06.2020
Branch Banking Clerk
City Union Bank Limited
12.2011 - 07.2015
Bachelor Of Engineering - Electrical And Electronics
Sona College of Technology
08.2005 - 04.2009
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