Neha Varma

― Responsible for conducting due diligence on all clients and suppliers before onboarding into Glencore's business and finalizing the onboarding contract, with a focus on the mine of origin and the type of material supplied.

― Conduct due diligence on the supplier entity, transport company, warehouse, mine of origin, smelter/refinery and their parent entities, and all companies involved in the material supply chain.

― Identifying and verifying all client information available in public records, ensuring that assets are licensed and certified for business operations. Validate that the supplier's policy addresses the risks outlined in OECD Annex II.

―Identify product brands listed on LME/ICMM and confirm whether the supplier is a member of associations like WGC, RMI, Copper Mark, Aluminium Stewardship, and LBMA.

― Ensure that the client/supplier operates an acceptable policy Governing Human Rights, Health & Safety, Social & Labour practices, and Environmental Standards, an alignment towards Responsible sourcing & Sustainability.

― Request companies to provide updates on the remediation measures implemented for identified adverse news. Worked closely with suppliers to develop corrective action plans that address identified risks and non-compliance issues.

― Ensure that all supplier due diligence activities, including risk assessments, audits, and compliance reports, are accurately documented and kept up to date.

― Perform due diligence on existing clients covering a wide range of client types including Partnership Account, Listed, Regulated, small/medium/ large private and public companies, NGO’s and Government companies.

― Conducted periodic client reviews in accordance with country-specific requirements across EMEA, APAC, LATAM, and the US. Updated profiles to ensure compliance with AML/KYC standards.

― Holds a strong knowledge of USA Patriot act, Bank Secrecy act, FATF recommendation, EU AML Directives, OFAC sanctions, BASEL standards, Fincen, Wolfsberg group framework, Egmont group.

―Responsible for reviewing EDD conducted for high-risk clients, jurisdictions, business activities, PEPs, and based on complex beneficial ownership structures.

― Highlighting any risks identified during the documentation review. Partnering with the client facing teams to collect required documents and associated information to meet all regulatory and internal policies.

― Performed Level II check for RTS (Return to sales) requirements raised by the team and verify against information available in repository and public sources prior to raising with outreach.

― Corroborate dual verification attributes for the company and key personnel in compliance with the requirements of jurisdictions like Australia and other APAC countries.

― Worked on End-to-End KYC process including client onboarding, conducting due diligence, performing screening and assessing adverse news, carrying out transaction monitoring, preparing summary statements, Remediation and handling account closures in cases of serious offenses.

― Responsible for handling different types of reviews like Onboarding, periodic review, Uplift, Adverse media & sanctions review, High risk customer & transaction activity.

― Escalated suspicious transaction patterns to the relevant Level II departments for SAR filing, along with evaluating sanctioned individuals, clients, and payments to determine whether to continue business with the client.

― Hands on experience on screening tools like World check, Lexis Nexis, K3PID, ORBIS, RDC & Open desktop research.

― Perform Quality Control reviews to identify cases of non-compliance/non-adherence to the laid-down procedures for KYC profiles, sanctions, transaction monitoring, and other crimes/breaches, as well as AML alerts.

― Perform QC based on the defined QC framework and create error logs identifying knowledge gaps between QC Analysts and makers. Coordinating with training partners team to bridge the gaps.

― Assisted in processing high-volume international payments via the SWIFT network (MT101, MT103, MT202) for corporate clients across multiple regions (Europe, Asia, North America).

― Verified transaction accuracy and ensured compliance with banking regulations, including KYC, AML, and FATCA.

― Gained hands-on experience with SWIFT messaging formats, SEPA, ACH, Fedwire, and CHAPS payment systems.

― Collaborated with correspondent banks and currency centres to optimize payment workflows and enhance transaction routing efficiency.