Gurnain Kaur

• Conduct KYC and AML analysis for new to bank and existing third party entities of Australia, India, Vietnam, Japan, USA and UK across a wide-range of industries.
• Conduct reviews on different types of entities- Private Limited, Public Limited (Listed and Unlisted), Trust, Partnership, Sole Proprietors.
• Verifying entity’s information using a wide range of tools like Equifax, World Check.
• Perform the due diligence for the new contract, contract renewal & periodic review.
• We check the company name and the corporate registry with the company number with the help of using ABN/ASIC registry (Australia), MCA registry (for India), UK company house registry, Vietnam registry, USA registry, etc.…
• We also find out the Beneficial Owners of the third-party for the listed & unlisted companies. Finding the ownership structure (layer by layer) is one of the important task.
• Identifying the majority shareholders information with the help of Equifax report, annual report, proxy statement & financial statement of the company.
• Perform Adverse screening, Sanction screening & World check screening to mitigate the risk factor. In case of any true match, Sanction, PEP or Government official.
• Discrepancy identified we capture the complete news in our report with the suitable finding & mitigation.
• In case of no mitigation or we find the sanction escalation or adverse news finding (for e.g. fraud happened or money laundering) that kind of escalation we escalate the case to the next level - IC&IR team, ESG team & CDCC advisory team.
• All the evidence we attach along with the TPDD report, and we publish the report on the workflow system.
• Perform internal (QC) 4-eye-check of the due diligence reports to ensure there is no scope of error.
• Providing the floor support for our team. Also taking the weekly query call to resolve the internal team query and discuss the error category with team to reduce the material errors and provide the best practices.
• Co-ordinate with different stakeholders and ensuring that the third party suppliers provide the requisite information to execute the contract with NAB.
• Perform enhanced due diligence for high-risk clients.

• Perform analysis, transaction monitoring investigations on business accounts; reviewing exception reports of relationship activity; in addition to analyzing accounts for possible money laundering, fraud, terrorist financing and other suspicious activities in concordance with USA Patriot Act & the Bank Secrecy Act.
• Utilize bank systems to evaluate prior activity, determining source of wealth, analyzed client records including SARs and Currency Transaction Reports (CTRs) in order to prepare investigation reports and summaries.
• Performed risk assessments of banking relationships, which included the level of counter-party risk in addition to screening counter-parties through the Office of Foreign Asset Control (OFAC).
• File Suspicious Activity Reports (SARs) on structured cash activity alerts.
• Perform the necessary escalations with Senior Management as well as Federal and State law enforcement to ensure timely resolution of cases.
• Recognizing risk associated with Banking industries, MSBs and Fintech Industries.

KYC On-boarding, including both initial and trigger relationship risk assessments for fund investors and those subject to Referral Agreements with Dominion entities.

• Undertaking collation and review of CDD provided and identifying where further information is required.

• Undertaking periodic reviews and risk assessments in accordance with the risk profile of relevant subjects.

• Managing client data on the various systems, including creating counter-parties and inputting and maintaining key risk data.

• Liaising with both the administration team and the compliance team, where required.

• Assisting with queries from the business regarding CDD in respect of ongoing and new business.

• Responsible for Handling all teams queries and Quality check for BAU activities for the team.

•Conduction New Joining Training sessions for all the BAU activities and Refresher training for all team members.

• Ensuring that Adverse media check and World Check is performed on each and every investor that is on-boarded and also performing the same for all the entities and the individuals associated with the entity.

• Collaborated with team to define business requirements for organizational processes, achieve productivity standards, and adhere to accuracy standards.
• Developed standard operating procedures and document workflows to drive current and future processes.

• Perform AML Know Your-Client/Client Due Diligence (KYC/CDD) for Global Banking and Markets clients

• Onboard & Refresh of clients like corporate, Entities based on public/private ownership. Provide dedicated and robust specialist KYC expertise for the standard KYC.
• Refresh process in particular to our client service manager teams. Researched negative security information filtered through World Check, OFAC and MIS to determine whether items are False Positive, Immaterial Items or warranty escalation.
• Report out the Sanctioned-countries (OFAC listed)
• Ensuring that Adverse media check and World Check is performed on each and every investor that is on­ boarded and also performing the same for all the entities and the individuals associated with the entity.
• Experience of researching KYC sources including Duns & Bradstreet, Companies House, Dow Jones, Lexis Nexus and others.

• Responsible for conducting KYC on-boarding procedures for investors (Individuals/ IRA/ Joint Accounts, Entities, Trust, Non- Profit Organizations etc.) investing in Hedge Funds and Private Equities, ensuring all data points and documentation received at time of subscription are as per AML/KYC Norms.

• Ensuring AML policies, KYC checks and procedures are followed while reviewing all investors transaction. Experience of researching KYC sources including Duns & Bradstreet, Companies House, Dow Jones, Lexis Nexus and others.

• Coordinating with other team members responsible for generating and reconciling investor reports such as Investors capital statement, ensuring all documentation is properly disseminated to clients.

• Take responsibility for maintaining a high standard of accurate, up-to date client information during all stages of the Client relationship, in order to protect the Bank and our Clients from financial crime.

• Worked varied hours to meet seasonal and business needs.

• Perform AML Know Your-Client/Client Due Diligence (KYC/CDD) for Global Banking and Markets clients of Bank of America Merrill Lynch KYC

• Onboard & Refresh of clients like corporate, Entities based on public/private ownership. Provide dedicated and robust specialist KYC expertise for the standard KYC. Refresh process in particular to our client service manager teams. Researched negative security information filtered through World Check, OFAC and MIS to determine whether items are False Positive, Immaterial Items or warranty escalation.

• Identifying risk level basis Dynamic risk rating like high, medium or low risk customers.

• Report out the Sanctioned-countries (OFAC listed) customers and report out the PEPs and SPFs.

Identifying money laundering activities by the clients of Bank of America following the guidelines issued by FINCEN under BSA Act the Clients Include US state Government. Departments, Banks/Financial Institutions, Companies listed at NYSE, NASDAQ, Subsidiaries and NON-listed Business. Monitor and Audit customers profile on the basis of High Risk, Medium

• Calling to prospective candidates for various jobs in offering by different companies (BPO Sector /Aviation Sector Jobs).

• Client Coordination during HR Drive conducted at the Plannedway premises Telephonic coordination with company HR during Interview drive for all companies. Handling a small team for calling the candidates.

• Training new team members to prepare them for the required job role. Short listing of candidate's basis Communication & professional skills. Mid-Level candidates to be identified for selected companies and ensuring that the right candidate is presented before the company HR team.

• Communicating with the company HR team to understand the current Job description. Communicating with the company HR team to identify what type of candidates was required for different processes in a given organization.

• Calling to prospective candidates for various jobs in offering by different companies (BPO Sector Only).

• Short listing of candidate's basis Communication &

professional skills.

• Mid-Level candidates to be identified for selected companies and ensuring that the right candidate is presented before the company HR team Communicating with the company HR team to understand the current Job description.

• Communicating with the company HR team to identify what type of candidates was required for different processes in a given organization.

• Developed recruiting strategies to identify qualified candidates and build network.
• Collaborated with hiring managers to understand job requirements and expectations.