MD SOHEL AFTHAF

• Responsible for conducting effective and timely investigations into assigned cases in accordance with agreed standard for reporting requirements and service level agreements. These cases include:
• Cases generated by transaction monitoring systems, including the Dynamic Risk Assessment(DRA).
• Financial Crime-Unusual Activity Report raised from various parts of the bank, and referred, as appropriate, by Triage to Investigative Reporting.
• Escalated cases identified by true matches to screening lists by Name Screening teams.
• Cross-border referrals.
• Escalated cases from Fraud Operations.
• Worked independently to complete assigned tasks and submitted high quality investigation reports or closing summaries within the established process SLAs as per the standards agreed.
• Conducted financial crime investigations on unusual or suspicious transactions.
• Drafted high quality investigative reports for submission to AUSTRAC regulator.
• Identified trends, typologies, and potential fraud/money laundering activities
• Determined information and documentary evidence needed to support the case decision and ensured adequate record of such in an approved case management system.
• Concluded each case investigations and made appropriate recommendations based upon the assessment, which included referral to the MLRO or designated in-market Investigators as to whether a Suspicious Activity Report (SAR) should be filed or in consultation with the respective manager, made referrals to other Investigations teams (Complex Investigations or Major Investigations).
• Identified and completed appropriate referrals for action, including but not limited to, recommendations for exit, and KYC/CDD refresh referrals.
• Demonstrated continuous development of investigative best practice, skills and experience in role.

• Act as Subject Matter Expert and Quality Checker for FATCA/CRS compliance.
• Assessed customer risk profiles and monitored customer activities for potential AML compliance issues.
• Highly skilled in Account opening, FATCA, and CRS (Global Tax Utility)
• Supported SGH, UK, HK Global Banking Markets NTB On-Boarding Process.
• Worked in Compliance and Regulatory department (Global Tax Utility) mainly on CRS and FATCA Validation for Individuals and Entities. Supported different countries of market like Singapore, Malta, Hong Kong, United Kingdom etc for the Validating tax forms CRS (CRS-I, CRS-E forms) and FATCA (W8, W9, W8BEN-E, W8-IMY) and withholding statements for the UK, HK, and France, among other regions.
• Validating 871m and HSS clients. Internally categorizing the clients according to KYC parameters, including listing status, country of residence, and type of business, among others.
• Responsible for FATCA, CRS and Remediation processes. Perform auditing for FATCA and CRS tax form validations and blended rate calculations.
• Review KYC approved sources such as Avox, Orbis, BVD, HSBC KYC profile for Internal Classification and tax form validation.
• Decreased Error percentage by 30% Giving process improvement ideas and suggested digital approach and helped in cost cutting.
• Given Walkthroughs, collaborated, supported counterparties on the process and given Training to the new colleagues on the process, preparing MI reports and ating as a SME for the same.
• Analysed data to identify trends and anomalies, generating reports (MI's, Ad hoc works, business investigations and queries) for management.
• Drafted and updated policies ensuring they are in line with regulatory developments, resulting in 100% compliance.
• As a Quality control Checked/Audited the huge volumes set and ensuring 100% Quality Control without any external errors and Maintained SLA's.
• Worked for procedural updates and process improvements ideas for streamlining.
• Examine and keep an eye on the backlog, then assign tasks according to skill levels and available resources.
• Coordinate with stake holders and outreach for client information through calls and mails.
• Responsible for generic mail boxes and assigning cases to the team on priority and Keen knowledge on, IGA, OECD portal etc.
• Assist with monitoring and tracking incidents to ensure resolution occurs within the customer Service Level Agreement.
• Work with management to implement process improvements (review process, identify gaps and fix the same) that are developed.

• Responsible for identifying, analyzing of threat (if any) of a potential or exact match of a Sanctioned Individual or Entity.
• Handling real time screening alerts and aged volumes.
• Dismissing the case based on supporting facts and evidences and notating the research and findings in the summary.
• Collaborate with multiple functional areas to investigate cases and acquire information.
• Assist with monitoring and tracking incidents to ensure resolution occurs within the customer Service Level Agreement.
• Carrying out reasonable checks on donations, new fundraising donors, partners contractors or others and accordingly assess the risk for the same and carry out further steps as per the policy.
• Charity On boarding for the Client by carrying out the Due Diligence for US and Non-US Charities.
• Contributing ideas and participating in efforts to further improve and streamline the process.
• Work with management to implement process improvements (review process, identify gaps and fix the same) that are developed.

Highlights:

• Completed my Lean Six Sigma Certification.
• Has been awarded Bronze Award.
• Worked as QC and SME with the confidence and enthusiasm to overcome challenges in the sanctions payment compliance and aim for excellence.
• Served as a facilitator for problem-solving by providing ideas on pulling out EOD reports and analyze them Minimizing process related knowledge gaps within the team.
• Tackle routine problems, largely through precedent and referral to guidelines.
• Provided floor support to solve queries of co-workers.
• Trained bunch of new folks in the absence of Trainer

PROJECT DETAILS: Payment Compliance:

DUE DILIGENCE: Conducted End to End review of client's business to uncover potential risks in business models. Enabling the payments and monitoring client's accounts.

SANCTIONS MONITORING: Reviewing Client profiles to ensure payment services are not used by sanctioned individuals or entities. Mitigated risks of Terrorist Financing by using internal tools and escalating to concern team for disabling payment gateways if required.

PEP MONITORING: Monitoring and Reviewing profiles of clients and identify high risk clients - Politically Exposed Persons/family members and associates of PEP. Perform external search to verify information of Alerted individuals/Entities