Hameeduddin Mohammad

• Conducting extensive research on our clients using various external and approved sources available,such as D&B, Company registries and exchanges houses (Companies House) to confirm client's existence and collation of KYC details such as Nature of business, Tax/Unique ID and Ownership Structure.
• Reaching out to the business clients for any additional missing information/documents to ensure, timely & accurate completion of KYC periodic reviews.
• Identifying Politically Exposed Persons (PEP), Sanctioned Individuals/Entities, and mitigate risks associated with financial crimes.
• Responsible for reporting Suspicious Activity Reports, which may also include recommending Global Financial Crime Compliance (GFCC) to exit relationships with clients.
• Worked on Excel Reporting for the entire team similar to reconciliation related work.
• Conducted KYC formality reports on questionable accounts and transactions.

● BSA requires that all financial institutions report cash transactions greater than $10,000 This maybe one transaction or several transactions that occur on the same business day. Such transactions include but are not limited to deposit , withdrawal , purchase of negotiable instruments,currency exchange, and the purchase/ redemption of a Certificate of Deposit (C.D.)

● To keep in view the Bank secrecy act and make sure the financial centers file a CTR for transactions amounting greater than $10,000

● Contact the banking center to find the accurate conductor/beneficiary, missing CTR information, to ensure the client complies with the CIP and CDD elements.

● Responsible for reporting Suspicious Activity Reports (SAR), which may also include recommending Global Financial Crime Compliance (GFCC)to exit relationships with clients.

● Monitor, Analyze and investigate various types of transactions of the customers to identify potential money laundering activities.

● Screening of customers against checklists including watch person’s listed under regulators like OFAC, or belonging to sanctioned regions or PEP’s.

● Reviewing KYC of the customer and customer accounts to identify possible patterns of money laundering activities.

● Contacting Relationship Managers (RM’s) for more information pertinent to unusual transaction activities as per procedures and raising RFI to branch.

● Monitor and review customer account transaction activities as per AML guidelines and make recommendations for further review or closure.

● Reporting escalations for suspicious with business clients and maintaining follow up for further information required.

● Handling calls from vendor to resolve their issues (Inbound)

● Processing scanned image invoices in Lawson & Savvion tools (powered by Genpact)

● Quality check of processed invoices, Vendor setup, tracking erroneous payments & MIS reporting.

● Working on Process improvements to avoid NVA’s eliminating lost time for SLA finalization at first hand while taking over an activity.

● Filling a disbursement for over/under payments.