Nirmal Kumar P

Managerial Activities:

• Enhanced team performance through diligent monitoring of daily activities and providing mentorship to team members.
• Fostered and sustained positive relationships with Relationship Managers (RM’s), Money Laundering Reporting Officers (MLRO), and other key stakeholders.
• Facilitated the onboarding process for new hires by providing training and necessary documentation.
• Managed and maintained team-related Risk Registers, Risk Control Self-Assessments (RCSA), and Key Risk Indicators (KRI’s).
• Managing the daily distribution of tasks to team members and guaranteeing their completion within the specified timeframe.
• Quality Assurance (QA) - Performing QA on team members to enhance their quality of work and prevent external findings.

Roles and Responsibilities:

• Customer Transactions Profiling (CTP) - Serving as the initial line of defence in identifying customers who have significantly breached their turnover.
• RFI/Referrals - Initiating RFI/referrals to Relationship Managers (RM) to obtain clarifications/documents that justify transactions and understand the actual rationale for KYC breaches.
• Unusual Activity Reports (UARs) - Issuing UARs when suspicious activities are noted on customer accounts or declared KYC.
• Report Generation - Creating new reports to identify customers who are significantly breaching the turnover declared at the time of KYC. This is achieved by suggesting new scenarios/parameters with the assistance of the business intelligence unit.
• Risk Register Maintenance - Identifying and maintaining key risks of the business unit in the Risk Register using the bank’s internal tool (Blue Prism Application). Regular Risk Control Self-Assessments are performed to mitigate risks associated with our processes/procedures.
• Debit Freeze - As the first line of defence unit, placing customer accounts into debit freeze in case of non-responsiveness to raised KYC queries to prevent regulatory and compliance breaches.

Management Roles and Responsibilities

• Monitoring the overall functioning of AML / TM process along with identifying risk prone areas and implementing adequate control measures
• Proper planning of team deliverables consistently to meet out KPI and SLA framework
• Maintaining healthy association with FCC country directors for business requirements as per their needs
• Frequently having knowledge sharing sessions with peers on current trends associated with ML, Sanctions & TF issues
• Handled Key Projects - Heightened Monitoring - UAE, BTL Support for HK, UAT Testing for Mantas DS and ECM Go live migration and On-job training for new FCSU team launched at Bangalore (STA for 3 Months)

Process Roles and Responsibilities

• Analyzing of customer transactions to identify money laundering activities by using Detection Scenarios.
• Reviewing the cases generated from MANTAS with help of systems like ECM, Accuity, World Check, Arachnys etc.
• Promptly escalating the investigation results with Country FCC and providing recommendation to file a SAR (Suspicious Activity report).
• Verifying system generated cases and perform CDD and EDD checks on customers to prevent the bank from being exploited by money laundering or terrorist financing activities

Percentage Scored: 70%

Percentage Scored: 93% (92.90)