Nandkumar Gupta

Roles and responsibilities: AML Alert/ Surveillance

• Timely monitoring of alerts generated by AML monitoring system in line with the internal policies of the bank.
• Timely monitoring of accounts reported by LEA agencies, Internal Departments etc. in accordance with money laundering, terrorism financing.
• Analyzing alerts generated and ensuring timely and effective disposition of alerts.
• To identifying suspicious transactions.
• Escalating suspicious cases to branches for enhanced due diligences and coordinating with them.
• Preparing GOS for filing STR (Suspicious transaction report).
• Regulatory Reporting like STRs to FIU- India.
• Preparation of MIS for trend analysis, Escalation, Review etc.
• Working closely with stakeholders including operations, business, compliance, audit and other units on AML/KYC related items.
• Introduced new methods, practices, and systems to reduce turnaround time.

Roles and responsibilities: (AML,IPO,CMS Clearing Operations, Tab Banking, Outward Clearing).

• Timely Monitored and reviewed alerts generated by AML monitoring system.
• Prepared GOS and reported STRs to reporting authorities.
• Handled operations like Account opening, Inward and Outward clearing, AML transaction monitoring.
• Clearing of Outwards/Inward, CMS cheques through Cheque Truncation System.
• Ensured clearing cheques are technically verified and authorized like UV/Fugitive ink Test and captured within TAT.
• Reviewed Account opening form, KYC documents of customers for account opening (Saving and Salary Account) within TAT.
• Timely reviewing IPO (Initial public offering) forms.
• Maintained clearing MIS, Communicated with Internal Departments, NPCI, Settlements team for query resolutions.