Mahesh Kumar

Rolling Review team with AML-KYC Investigator for a Global Investment bank / Financial Institution to fight against the money-laundering, terrorist financing and other financial crimes to protect the bank’s

Reputation and Current Good Standings with its’ Customers & Regulators

• Onboarding process for new clients through validating all the required documents as per the regulatory procedures and updating into task
• Working with different tools to identify the investors details to complying with the existing
• Supporting tools which are used to verify the client details like regulatory search, worldcheck, Lexis Nexis, Fircosoft, Doc shell and opensource (Internet search)
• Documents reviews for different policies as per the procedures and with quality
• Periodic -reviews based on the Risk approaches
• Working in different kinds of regulatory search and finding the documents
• Reviewing the task for both individual and Entities
• Assigning the work to team and following for the assigned work
• Taking notes for day to day activities of team and reporting to manager
• Handling calls for any new updates and procedures needs to follow on the work
• Conducting daily team meeting for any concern and process implementation.
• Resolving queries for team regarding the process.

• Verify the profile which is created by the analyst whether profile created as per policy and regulatory requirements
• Highlight the errors based on error category (Policy, Regulatory and Operational) and give the feedbacks through mail to analyst which needs to be corrected as per policy requirements
• Attending error discussion to explain the errors what analysts have done
• Attending QC calibration calls on weekly bases to reduce gaps between QCs and analyst
• Support the analysts to improve their quality
• Give the training for new analysts and existing analyst (If there are any new updates in policy)
• Ensuring all required documents are in place as per present requirement for onboarding Client (Listed Entity, resident and non-resident Entity) by verifying trade license and country of incorporation
• Performing screening for special triggered cases like Factiva Screening, Adverse Media Screening and Sanction Screening
• Need to work on HRAC (High Risk geographic classification) cases based on type of trigger like Cash, Volume and Average balance
• Performing the End-End KYC (Periodic Reviews) on the commercial/Retail banking clients
• Ensuring the due diligence reviews are undertaken to the required
• Refresh all the regulatory requirements of clients and based on prior lifecycle need to review with changes observed during the review period and mitigate the same
• Researching and analysis the alerted customer profile to identify any suspicious activity in the account, if any sending Request for Information (RFI) regarding suspicious activities to obtain response from the customer to reach a judicious decision on the final disposition of the alert to Counter Terrorist Financing and Money Laundering by the Global Standard Methods
• Perform full KYC screening on customers documenting the information obtained on the client's as required by global KYC procedures
• Taking steps to determine the true identity of all customers and where relevant, ultimate beneficial owner(s) ('UBOs'), controlling party(ies), or other related parties, who maintain accounts and/or relationships by implementing a Customer Identification Program ('CIP') and conducting risk-based Customer Due Diligence ('CDD') and, where appropriate, Enhanced Due Diligence ('EDD') on customers
• Conduct independent research to gather & to record Data from internal systems, Commercial Database & internet

• Ensuring compliance with all AML laws, regulations, guidelines, written procedures, CIP, KYC

• Conduct full analysis/Investigations on all types of accounts from Low to High-Risk countries
• Use of applications such as, World Check (to check for negative news) & Prime (for sanctioned countries)
• Perform Enhanced Due Diligence for clients operating in high-risk business, higher risk countries, PEPs, negative news and escalating to compliance by filling UAF
• Implement customer risk rating criteria with KYC guidelines and procedure for both individual and corporate customer
• Complete analysis of transactional information to identify risk, trends and potential wary activity
• Attending management process calls
• Responding client's escalation mails with proper explanation
• Getting profile updates from analysts and provide to TL