Kaushik Namboor

Part of a U.S.-based KYC Remediation Project, performing dual responsibilities as a Quality Checker and handling BAU (Business As Usual) operations. Provide leadership and guidance to peers, addressing queries, offering feedback on OFAC Sanctions, and supporting various facets of Compliance Operations.

Key responsibilities include:

• Training & Mentorship: Delivering structured training to staff and senior team members to ensure seamless operational efficiency.
• ILQA Collaboration: Supporting the Internal Line Quality Assurance (ILQA) team with escalations, business calls, and profile reviews to maintain high standards of compliance.
• Quality Assurance: Conducting thorough quality checks and securing approvals from the Global Quality Assurance (GQA) team.
• Due Diligence Expertise: Performing Simplified, Customer, and Enhanced Due Diligence (EDD) based on client risk profiles.
• Regulatory Assessment: Identifying clients regulated by approved authorities or listed on recognized stock exchanges.
• KYC Documentation: Reviewing and preparing KYC documentation for management approval, ensuring clarity, professionalism, and sound rationale in periodic reviews.
• AML/KYC Compliance: Applying standard AML/KYC regulations across various customer types during onboarding and ongoing reviews.

Experienced in handling high-risk transactions, OFAC sanctions screening, and supporting all areas of Compliance Operations within a U.S.-based KYC remediation project. Known for applying strong analytical judgment in ambiguous scenarios and ensuring adherence to global AML regulations.

Key Responsibilities:

• Sanctions & Risk Screening: Provide expert feedback on OFAC Sanctions issues.
  Process high-risk transactions, ensuring no exposure to sanctioned countries.
  Review high-risk accounts and transactions flagged internally or externally.
• Operational Support & Leadership: Address teammate queries, resolve escalations, and manage work queues efficiently.
  Conduct training and provide guidance to staff and senior team members.
  Collaborate with ILQA team on escalations, business calls, and profile reviews.
• Analytical & Investigative Work: Conduct extensive research using internal tools, systems, and open-source intelligence.
  Assess client profile data against alerts to validate normal and expected activity.
  Promptly escalate critical or reputational risk matters to appropriate stakeholders.
• Regulatory Compliance & Documentation: Ensure strict adherence to Anti-Money Laundering (AML) regulations.
  Monitor account activity and process queue items within departmental SLAs.
  Prepare and review KYC documentation with clear rationale for decisions made during periodic reviews.

• KYC Remediation & Quality Assurance: Part of a U.S.-based KYC remediation project, performing as a Quality Checker and managing BAU operations.
  Collaborated with Global Quality Assurance (GQA) and BRQA teams to ensure profile accuracy and compliance.
  Conducted Simplified, Customer, and Enhanced Due Diligence (EDD) based on client risk profiles.
  
• Sanctions & Risk Screening: Provided feedback on OFAC Sanctions issues and processed high-risk transactions to avoid exposure to sanctioned entities.
  Conducted PEP identification, adverse media screening, and restricted entity checks, classifying news into material and immaterial categories.
  
• AML Compliance & Investigations: Worked closely with AML teams on SAR and CTR report preparation, ensuring timely and accurate submissions.
  Reviewed high-risk accounts and transactions flagged through internal and external sources.
  Applied strong analytical judgment in ambiguous scenarios and escalated reputational risk matters promptly.
  
• Client Due Diligence & Regulatory Assessment: Assessed client profiles based on business nature, transaction history, source of wealth/funds, and regulatory status.
  Verified if clients were regulated by approved authorities or listed on recognized stock exchanges.
  
• Leadership & Operational Support: Acted as Subject Matter Expert (SME) for remediation projects, supporting SOP development and team queries.
  Delivered training to staff and senior members to ensure operational consistency and compliance awareness.
  Managed work queues, resolved escalations, and supported teammates across compliance operations.
  
• Documentation & Reporting: Prepared KYC documentation with clear rationale for decisions made during periodic reviews.
  Ensured all documentation met professional standards and regulatory expectations.
  

• KYC & AML Operations: Conducted Simplified, Customer, and Enhanced Due Diligence (EDD) on business accounts and high-risk professions.
  Reviewed and updated KYC files to meet compliance standards; prepared documentation for approval by KYC management.
  Screened clients using Lexis Nexis, World Check, and Fircosoft for sanctions, PEPs, and adverse media.
  
• Transaction Monitoring & Investigations: Worked in the Transaction Monitoring team, analyzing high-dollar activities and assessing client behavior based on business nature, transaction history, and source of wealth/funds.
  Ensured timely and accurate submission of SAR, CTR, and other regulatory reports.
  Applied strong analytical judgment in ambiguous scenarios and escalated reputational risks promptly.
  
• Quality Assurance & Regulatory Projects: Played a key role in U.S.-based KYC remediation and SFC Hong Kong regulatory projects, acting as a Quality Checker and Team Lead.
  Collaborated with Global Quality Assurance (GQA) and BRQA teams to ensure profile accuracy and compliance.
  Served as Subject Matter Expert (SME), assisting in SOP development and team queries.
  
• Leadership & Collaboration: Provided training and mentorship to staff and senior team members to ensure smooth operations.
  Supported senior managers in business calls, escalations, and client reporting.
  Managed work queues, resolved escalations, and maintained departmental SLAs with low error rates.
  
• Regulatory & Risk Assessment: Assessed client regulatory status and stock exchange listings.
  Classified risk levels based on multiple factors and ensured AML regulations were strictly followed.
  

• Financial Crime Risk & Client Profiling: Calculation of Financial Crime Risk Rating (FCRR) for clients based on multiple risk factors.
  Identification of Ultimate Beneficial Owners (UBOs), intermediaries, PEPs, and key controllers with detailed holdings analysis.
  Conducted thorough screening for negative news, money laundering risks, and connections to sanctioned countries.
  
• KYC & AML Operations: Performed Simplified, Customer, and Enhanced Due Diligence (EDD) on high-risk clients and professions.
  Reviewed and updated KYC files to meet compliance standards; prepared documentation for management approval.
  Ensured timely and accurate submission of SAR, CTR, and other regulatory reports.
  
• Transaction Monitoring & Investigations: Analyzed high-dollar transactions and assessed client behavior based on business nature and source of funds.
  Assessed and documented trigger events, validating client profiles accordingly.
  Raised High Risk Reviews (HRR) with the compliance team for clients flagged with adverse media.
  
• Compliance Collaboration & Quality Assurance: Worked closely with compliance teams to mitigate client risk and validate information using approved sources.
  Supported BRQA and GQA teams in escalations, business calls, and profile reviews.
  Acted as SME for remediation projects, assisting in SOP development and team training.
  
• Technical Proficiency: Skilled in using business applications such as World Check, Lexis Nexis, Bloomberg, Fircosoft, CARM, HUB, and Client Connect.
  
• Leadership & Project Management: Led a team for the SFC (Securities and Futures Commission) Hong Kong regulatory project.
  Provided training and mentorship to staff and senior team members to ensure smooth operations and compliance alignment.