PARAMITA HALDER
AML/KYC/EDD/CDD
Bengaluru
Summary
Motivated professional with over 6.5 years of experience within the financial sector. Specialization in client onboarding and sanction screening and transaction monitoring. Experienced in monitoring complex account activities. Strong relationship management skills. Highly adept at comprehensive AML, KYC, OFAC policies, transaction and project management
Overview
7
7
years of professional experience
2
2
Languages
3
3
years of post-secondary education
Work History
AML/KYC Senior Analyst
Mashreq Global Services Pvt. Ltd
2021.03 - Current
- Ensure that the KYC documents and Information obtained from the customer meet all standards as per the AML/Sanctions policy of the Bank
- Review appropriateness of Risk levels assigned to customers and ensure documents obtained are in line with the requirement of the risk level
- Gather information from independent research , online tools or directly from the relationship manager or client in order to populate risk profiles for new or existing clients
- Perform screening for PEP and negative Media to identify the risk of the clients and connected parties
- To review and verify documents provided as per regulatory authorities and jurisdiction risk for Account Setup in order to onboard or develop business relations with any new clients
- To review the client's application and determine the nature of business, Occupation, Source if funds, Annual Savings and Earnings and try to identify and red flag any suspicious activity
- To identify the risk category of the clients and what are the required regulatory checks needs to be done based on the residential countries and the offices they have applied through
- To request for any additional documents if required.To determine whether a client is eligible for an applied product based on the wealth points and experience they hold
- Conducting in depth user KYC, nature of business, adverse media, high risk country , business sector reviews.
KYC Analyst
IG Infotech
2020.06 - 2021.02
- One of the key responsibilities will be coordination and collection of client specific information and completion of documentation to assist in the on-boarding of new clients
- And another important responsibility will be performing ongoing customer due diligence including maintenance and updating of AML and KYC records and information for existing clients
- Furthermore, this role will identify and escalate any suspicious or unusual matters to AML & Line of Business Compliance for further investigation
- On boarding of clients
- Work with Management to implement process improvements (coach and training staff) that are developed
- Work with Management to implement process improvements that are developed
- Checking and providing approval of work conducted by junior team members
- Performs independent check of KYC information provided by front office
- Develop strong working relationships with the RMs
- Very proactive approach to process improvement, actively seeks opportunities for change that benefit the wider team
- Contributing ideas and participating in efforts to further improve and streamline the process
- Perform Periodic KYC reviews on risk based schedule.
Transaction Screening/Sanction Screening Analyst/ EDD
State Street Corporate Services Mumbai Private Ltd
2018.06 - 2020.06
- Identifying and discounting hit alerts in Swift messages for any sanction matches and making necessary decisions
- Identifying and escalating or reporting any suspicious or unusual activity in accordance with corporate policy and guidelines
- Ensuring all transactions are worked by deadlines and also having full understanding and adherence to corporate risk policy and standard procedure
- Escalate for further Enhanced due diligence
- Conduct comprehensive research and background investigations on transactions , individuals, entities, organizations or locations to identify and mitigate risk through various documenting findings
- Enhanced Due Diligence: Conduct decision reviews for EDD and PEP
- Understand complex regulatory and compliance requirements within the financial services space and complete analyses in accordance with these requirements
- Perform tasks of high complexity and resolving incoming requests from internal teams, financial parties or other parties
- To clearly record by writing the rationale and documenting the evidence of the decision making process for audit purposes.
Customer Service Executive (Sanction Screening)
Randstad India Pvt. Ltd.
2017.09 - 2018.06
- Sanction Screening: Identifying and discounting hit alerts in Swift messages for any sanction matches and making necessary decisions
- Identifying and escalating or reporting any suspicious or unusual activity in accordance with corporate policy and guidelines
- Ensuring all transactions are worked by deadlines and also having full understanding and adherence to corporate risk policy and standard procedure
- Escalate for further Enhanced due diligence
- Conduct comprehensive research and background investigations on transactions , individuals, entities, organizations or locations to identify and mitigate risk through various documenting findings.
Education
B.COM - Financial Accounting
EAST CALCUTTA GIRLS' COLLEGE
Kolkata 2012.03 - 2015.04
Skills
Accomplishments
- Consumer Research: Effectively executed new marketing outlines by developing and reviewing pitch books based on market research for clients and prospects.
- Process Improvement: Worked in close collaboration with internal teams, acting as SME to improve local due diligence process by implementing and comply with domestic and international regulatory requirements by streamlining end to end process.
- Targets and Completions: Achieved monthly KYC remediation targets as one of the top KYC support, with high volume record completion.
Timeline
AML/KYC Senior Analyst
Mashreq Global Services Pvt. Ltd
2021.03 - Current
KYC Analyst
IG Infotech
2020.06 - 2021.02
Transaction Screening/Sanction Screening Analyst/ EDD
State Street Corporate Services Mumbai Private Ltd
2018.06 - 2020.06
Customer Service Executive (Sanction Screening)
Randstad India Pvt. Ltd.
2017.09 - 2018.06
B.COM - Financial Accounting
EAST CALCUTTA GIRLS' COLLEGE
2012.03 - 2015.04
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