Kranthi Kumar G

Sanctions Screening Specialist:

• Thoroughly checked financial transactions to make sure they followed
  OFAC, country or region regulations, and other internal policies.
• Used keen analytical skills and research to verify transactions, providing
  recommendations or taking appropriate actions, including escalation and restrictive actions if required.
• Utilized various external and internal tools to screen payments against
  sanctions concerns in order to determine false matches, true sanctions
  concerns, license authorizations, if any.
• Collaborated and worked with SMEs' of different regions to bring uniformity among all through discussions over process related queries and updates.
• Performed quality check of financial transactions to make sure they were
  accurate and followed the rules and procedures.
• Found gaps in how things were done, helped the team follow the rules
  better through coaching and training sessions, ensuring the team is on
  same page by assessing their performance and addressing any issues.

Client List Screening:

• Clear understanding of Customer Identification Program (CIP) of Alerting party and Watch List Entity (WLE)
• Part of various internal working groups including but not limited to - quality, procedures, training working group.
• Performed screening against WLEs throughout Negative Media (NM), Politically Exposed Persons (PEP) and OFAC Sanctions and Terminated Relationship List.
• Screening, evaluating and escalations for Medium and High-risk clients Training provided to the new hires and supervised team with a wide range of screening related training.
• Possess End-To-End knowledge of work streams. I.e., Level 1 and Level 2 that is inclusive of Materiality concept.
• Conducted Customer Due Diligence(CDD), Enhance Due Diligence(EDD), Etc. for complex cases.
• Creating FCIP within portal under AML risk and LOB response heads for Match case scenarios.
• Determined whether the Customer information seemed legitimate or not by applying various AML regulations including the USA PATRIOT ACT, the Bank Secrecy Act and OFAC Regulations by working on Internal and external sources such as Customer Assist, Client Central, Lexis Nexis and Google to name a few.
• Performed the required Sanctions screenings on customer’s information obtained from the client's as required by global KYC and Sanctions procedures.

Currency Transaction Report (CTR)

• Responsible for executing the daily Currency Transaction Reporting (CTR) audit process for Anti-Money Laundering (AML) / Bank Secrecy Act (BSA) compliance, including ensuring all appropriate and required documentation is received and reviewed
• identifies audit issues and summarizes findings in an clear and concise manner.
• recognizes patterns and communicates detailed information to management for resolution or further analysis and files reports timely and accurately.
• Researching and finding suspicious and possible money laundering transactions, filing Unusual Activity Referral (UAR) to FINCEN on timely basis.
• Research transactions from various reports generated on daily basis.
• Support team by working on extra volumes from PL2 & PL3 and whenever needed. Among the very few individuals in the team supporting multiple activities based on the volumes.