Divyanshu Mattad

Department: - TSMO- Transaction Surveillance Messaging Operation. (OFAC)

Basic Responsibilities :

Back-Office Operations, Payments and Swift Investigation, Clearing Inward and Outward
Payments, Regulatory Compliance. Primarily working in Office of Foreign Asset Control (OFAC) with ISO format, Due Diligence, Enhance Due Diligence,
Transaction Monitoring against sanctions, Suspicious and Fraud transactions Monitoring.
Payments- Swift, Transaction processing, Cross-Border, Real-Times, Cheques, Payment
gateways, Messaging standard.
Working on SWIFT, all MT types transactions, e.g. MT103, MT202, MT202COV; 195,199,295,299, 599,7xx.

• OFAC screening against sanctions and embargo.
• Swift verification inward and outward remittance.
• Transactions Monitoring to mitigate financial risk of bank.
• Excelling in sanction screening, EU list, quality control, customer due diligence(CDD).
• Processing SEPA (Single Euro Payments) and USD(OFAC) transactions with their cut-
  off.
• Review and research entities and individuals using both public domain and database search services as well as bank own application.
• Sanction screening on real base time (SDN alerts & name matches /Manual screening) with the cut-offs.
• Escalating suspicious cases to next level for further investigation and its end to end coordination.
• Maintaining accuracy by ensuring “Nil” processing errors.
  Ensure timely and efficient reporting of transactions considered suspicious.
• Maintaining cut-off time and agreed turnaround time of process and adhere to laid down procedures and policies and ensures that established service standards are met.
• Liaise with business units for queries and clarification.
• Act as subject matter expert to employees, providing guidance on what actions to take in dealing with high risk payments and transactions.
• Prepared key operating document consisting of all procedures, polices and cutoffs related to different regions.
• Conduct proper investigation of money laundering alerts or transactions considered suspicious.

Level 2 Compliance (Investigations)

Worked as level 2 investigator for OFAC compliance/ investigation team including sanction screening, sectoral sanctions and directives, global sanction policy. Ensuring completion of day to day work with (CHIPS and FED) EOD cut off. Worked efficiently with OFAC compliance/ investigation to ensure deadlines are being met. Operated with global sanction compliance in a high visibility role.

Additional Responsibilities :

• Provide training to new joiners.
• Refresher training across location. (Jaipur and Bangalore)
• Update Dissemination MoM (Minutes of Meeting).
• Maintaining Error Report Across location.
• Used strong analytical and problem-solving skills to develop effective solutions for challenging situations.
• Learned and adapted quickly to new technology and software applications.
• Gained strong leadership skills by managing projects from start to finish

Tools and Applications :

• HOTSCAN
• CINQ
• HOTSCAN CASE MANAGEMENT
• LLOYDS
• COMR
• EMAIL MANAGEMENT SYSTEM
• DOW JONES

Department: - GMO- Global messaging operation. (ROW)

• Reviewing and approving transaction for possible hit of sanction and embargo filtering.
• Working on SWIFT, all MT types transactions, e.g. MT103, MT202, and MT202Cov.
• Conduct sanction screening for OFAC, EU and other major regions
• Maintaining accuracy by ensuring “Zero” processing errors.
• Worked towards minimizing financial and reputational risk by thoroughly checking all fields of every
  transaction against customized database of named entities across regions.
• Contributing to innovation by giving process improvement ideas.

Department: Audit Confirmation.

• Proper handling of Clients and Auditors.
• Liaise with business units for queries and clarification.
• Maintaining accuracy by ensuring “NIL” (CCBs) Client Confidentiality Breach.
• Maintaining cut-off time and agreed turnaround time of process and adhere to laid down procedures and policies and ensures that established service standards are met.
• Working on client’s audit requests and providing them their holding position details.
• Providing position details to clients for FX, bonds, collaterals, derivatives and loans.
• Drafting emails in standard format to provide required details to clients.
• Working on multiple tools such as MIU, Megllon, FX PCA and LS2.

Tools and Application :

• MIU
• Megllon FX (Forex)
• PCA (Principal Component Analysis)
• LS2 (Loans)
• dbCAR (Collateral)
• Axis Tool point
• Global Prime FX.