MADAN KUMAR ANNAM

• Conducting on boarding and periodic review of individual as well as of entities like private corporations, trust, charities, sole Proprietorship, partnership and Conducted KYC Checks on individual.

• Conduct review on beneficial ownership (BO) and key controllers according to the CIP.

• Understanding the transactions patterns and escalating the case if any suspicion/red flag identified.

• Handling entire KYC process Document verification, Account opening, banking operations covering back office operations.

• Onboarding of new customers and there KYC analysis for opening account.

• Reviewing documentation for new customer account, evaluating high risk account and analyzing new customer processes and policies.

• Complying with regulatory and internal guidelines of the bank.

• Ensuring customer transactions are processed as per laid down operating process and strict adherence towards TAT.

• Extracting & validating information from different sources for KYC, AML, Periodic Refresh/Review and remediation for entity customers using reference data management, Legal Docs, Global Policies.

• Monitoring account transaction, Debit and credit pattern .

• Reviewing existing clients on a periodic basis to ensure they are in-line with Anti Money Laundering (AML) Compliance standards.

• Verifying KYC documentation/reviewed based on risk rating low/medium/high.

• Responsible for performing Banned Debug checking,Factiva and Negative List for ON-Boarding clients and connected parties.

• Using previous available information or external sources for client Identification program at the time of PKR.

• Adhering to KYC in customer due diligence (CDD) & Enhanced Due diligence (EDD) Principles, with understanding of global AML processes.

• Monitoring Unusual Activity Report's and conduct appropriate reviews to facilitate closure of alerts or further investigation/reporting.

• Highlight any key Financial Crimes risk throughout the review and analysis of customers' account to the senior management.

• Provides appropriate direction to the line of business. Escalates confirmed sanctions alerts, PEP matches and other risks appropriately.

• Conducting KYC investigations which includes end to end KYC, Customer information, CIP, products and services,CDD, EDD, Local due diligence, OFAC/Sanctions,FATF, screening (PEP and negative media), Related parties, AML risk summary on different types of clients.

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• Reporting suspicious transactions to the competent authority.

• Customer due diligence activity while opening New accounts.

• Solving all the Service Requests raised by customers within TAT

• Enhanced due diligence for existing & new accounts

• Review and analyze leads for potential suspicious activity, including those generated from detection scenario processes, the service of subpoenas and warrants, negative media reports, as well as other sources to include.

• Ensure efficient identification and monitoring of suspicious activities and transactions.

• Managing the investigative process from initial detection to disposition.

• Thoroughly and timely reviewing reports and other investigative leads that potentially identify suspicious activity.

• Investigate, review and resolve AML related and economic sanction related alerts

• Formulating and recommending responses to potentially suspicious findings, reporting such activity to the appropriate regulatory authorities

• Support Managers and Team Leaders in conducting AML investigations.

• Work with team members to determine whether to close cases, escalate findings and/or file a Suspicious Activity Report (“SAR”).

• Drafting and reviewing SARs.

• Maintain a current understanding of money laundering and terrorist financing issues, including policies, procedures, regulations, industry best practice, criminal typologies and developing trends.

• Operations like NEFT, RTGS , TRANSFERS , TD, DD etc

• Plays a key role during audits

• Collecting and Updating the KYC for all the accounts required.