DIVIJ GOGIA

MONEYCORP LTD U.K. - KYC AML and TRANSACTION MONITORING FUNCTIONS

• KYC Remediation (Periodic & Trigger Review) and Transaction Monitoring for Corporate, Commercial and Individual customers in line with the AML Framework.
• Gap Analysis on the basis of client checklists in the backdrop of AML guidelines for On-boarding and Renewal of KYC.
• Ownership Identification from Companies House UK and ORBIS portal.
• Verification of Confirmation Statement, Annual Return, Directors' Report, Auditor's Report, Ownership Structure at Companies House UK and ORBIS portal.
• Verification of POI, POA and Experian run of UBO's, Authorized Signatories and Directors.
• Analysis of Nature of Business on the basis of Website, Invoices and information in Public Domain.
• Calculation of Risk Rating through CRAM (Customer Risk Assessment) Tool.
• Analysis of Source of Funds and Source of Wealth through Audited Accounts, Bank Statements and Income Certificates.
• Accuity Search and PEP Screening through Lexis Nexis.
• Google Screening through Adverse Media, Criminal and Sanction screening searches.
• Transaction Monitoring involving analysis of Customer's Annual Forex Requirement and Trade Limit, Source of Funds, Reason for Trade, Risk Rating of transaction countries / jurisdictions, Transaction Vouchers' Verification and ID's of Individuals.
• MLRO Reporting regarding PEP Match, Screening Hits, Discrepancies found in Transaction Monitoring, Suspicious Activity Reporting Internal Suspicious Activity Report (SAR).
• Coordination with Relationship Managers through Emails and MS Teams Calls for pending documents / information.

FIRST ABU DHABI BANK (FAB) - KYC AML FUNCTION

• KYC of On-boarding Clients and Periodic & Triggered Review of Corporates, SME's and Individual Customers based in UAE as per AML guidelines.
• Analysis of Complex Ownership Structures layering upto three or four companies to identify the UBO(s).
• Verification of Memorandum of Association (MOA), Certificate of Incorporation (COI), Trade License, Certificate of Incumbency, Ownership Certificate approved by Lawyers / CA's.
• Analysis of KYC Form, Sanctions Exposure Questionnaire, DNFBP form, Oil & Gas Questionnaire, Light House Report and FATCA Form.
• Verification of Passports, Emirates ID, Utility Bills, Lease Agreements for POI and POA.
• Fircosoft Screening (FSK) and Google Screening vis-a-vis Adverse, Criminal & Sanctions Screening.
• Risk Rating Calculation through Bank Software based upon Annual Turnover, Number of UBO's, Nature of Business, No. of Years of Incorporation.
• Website Screening regarding customer's relations with Sanctioned countries like Iraq, Syria, Cuba, Ukraine and Russian Regions.
• National Economic Register (NER) - UAE inspection regarding Client's Trade License Number.
• Communication with Approvers regarding KYC Renewals and pending documents via Email and MS Teams Call.