Rajesh Kumar Rajnish

• Complete Client On-Boarding using KYC guidelines and regulations.
• Perform Quality check on KYC profile created and update in internal system with KYC requirements to company and regulatory standards. Verify KYC related documentation and perform regulatory required screening.
• Screening on clients to validate Negative News, PEP’s and Sanctions.
• Coordinating with compliance to seek approval with the process.
• Collect other mandatory information with regard to AML guidelines.
• Performing the screening on individuals and entities using tools (i.e. World Check and Prime Check).
• Ensures line of business is in compliance with applicable laws, rules, regulations, and corporate policies related to EDD.
• Open and handle Action Plan on the self-identified issues and issues identified by regulators, business, internal auditors and compliance to enhance the process and mitigated the risk.
• To perform sustainability testing on the implementation done under the action plan to decide whether implementation is enough to mitigate the issues or not.
• Build strong working relationships with business partners, controls management team, Compliance, Audit and other controls partners
• Identify solutions and best practices to support quality of risk and control activities in alignment with regional requirements and regulations.
• Provide regular input and ideas for ongoing analytics and ad hoc analyses on current business control environment and potential risk.

• RCSA/Control Evaluation
  • Conduct RCSA Testing for control evaluation of ongoing operational process and provide regular input and ideas for ongoing analytics and ad hoc analyses on current business control environment and potential risk and control issues
  • Support the coordination and improvement of the CIB RCSA Program across the CIB lines of business and functional groups.
  • Build strong working relationships with business partners, controls management team,Compliance, Audit and other controls partners.
  • Identify solutions and best practices to support quality of risk and control activities in alignment with regional requirements and regulations, and RCSA Standards and Procedures.
  • Provide regular input and ideas for ongoing analytics and ad hoc analyses on current business control environment and potential risk and control issues.
  • Preparation of / delivery of RCSA Learning Sessions Monthly and Quarterly Testing.
  • Conduct monthly and quarterly testing on various KYC and operation processes like, Local Due Diligence, Renewal and Remediation, New to Bank etc. to identify gaps, errors and risk and provide feedback to operation for enhancement of process to mitigate error and risk.
  Action Plan.
  • Open and handle Action Plan on the self-identified issues and issues identified by regulators, business, internal auditors and compliance to enhance the process and mitigated the risk.
  • To perform sustainability testing on the implementation done under the action plan to
  decide whether implementation is enough to mitigate the issues or not.

Monthly and Quarterly Testing

• Conduct monthly and quarterly testing on various KYC and operation processes like, Local Due Diligence, Renewal and Remediation etc. to identify gaps, errors and risk and provide feedback to operation for enhancement of process to mitigate error and risk.

• Completed fund level remediation and worked in different project of remediation.
• Perform Quality check on KYC profile created and update in internal system with KYC requirements to company and regulatory standards. Verify KYC related documentation and perform regulatory required screening.
• Screening on clients to validate Negative News, PEP’s and Sanctions.
• Coordinating with compliance to seek approval with the process.
• Knowledge on searching relevant documents from public domain like Lexis Nexus.
• To screen customer details in world check and Prime check .

• Validate Customer Profile under customer identification program(CIP)
• Verification and documentation of Customer profile (KYC)
• To make customer due diligence. (CIP, CDD, EDD and On boarding)
• Two types of screening for identify PEP related hits, Negative news, Sanction related news under on boarding process
• Customer Risk Rating under customer due diligence process(CDD)
• Monitor Screening mails
• If customer will turn into High risk we follow the EDD process (Enhanced due diligence)
• Follow the Compliance and Regulatory guideline
• Deal with different types of entity like trust, special purpose vehicles, Hedge fund, Mutual fund etc…