R Anandha Natarajan

Job Responsibilities:

• Responsible for identifying and researching the patterns, trends and anomalies in complex transactions and customer data to detect, prevent, mitigate and report suspicious activity related to money laundering and terrorist financing.
• Interrogate internal and external systems to gather information to validate Know Your Customer (KYC) details, ensuring customer records are accurately maintained and are up to date.
• Proactively contacting required teams / banks to obtain customer information relating to alerts received whilst adhering to strict controls.
• Assisted and provided information to support Suspicious Activity Reports (SAR) to NCA (National Crime Agency).
• Handled the customers related to Individuals & business banking clients and understand their nature of business and red flags in each sector and to mitigate the transactional activities either to conclude the customer as suspicious (or) non-suspicious.

Achievements:

• I have an excellent SAR percentage of exiting the customers from the bank, whom they posses reputational risk (more than 50%), as the major risks are associated with Drugs Trafficking, Slavery, Unregulated Money service business, Terrorist financing, Illegal Lotteries & Sexual / Child exploitation.
• I am in the interview panel of hiring the right candidates by taking them through screening of profiles, taking part in interviews, for which I have received appreciation from higher management for hiring the right candidate with excellent AML skills, which will enhance the team's knowledge.
• Consistent performer for continuous 1 year with no performance issues & kept the expectations of management at high level.
• Received appreciation from AML Nominated officer and being appointed as SME (Subject Matrix Expert) for assisting the new joiners & other team members and improve the efficiency.
• Acted as a 2nd level reviewer in Quality check & provided the feedback to the respective team to improve the quality.
• Cross trained team members to provide Internal Quality Assurance Feedback & Training for every Detection Scenario and Red Flags in AML.

Job responsibilities:

Correspondent Banking- US

• Analyzed alerted transactions related to Correspondent Bank client activity to ascertain whether the activity is suspicious.
• Interacted & collaborated with the cross functional teams to understand and obtain the customer / account information and financial activity as the part of alert investigation.
• Get in touch with RM’s for Standard Chartered affiliates & the respondent banks TBSM (Transaction Banking Service Manager) for Correspondent Banking to establish appropriate purpose, source documentation, record and obtain RFI and to ascertain the purpose of transaction.
• Conducted due diligence reviews of correspondent banking transactions of high risk flagged parties.
• Performed AML Investigations utilizing Norkom application and various peripheral supporting applications, i.e., search engines, proprietary database services (World Check, Accuity)
• Escalating the un-usual client activities to FCCA (Financial Crime Compliance Americas) which might relate to Money Laundering & other Frauds.

Transaction Monitoring (Non-Correspondent Banking): India & Indonesia

• Expertise in end-to-end alert / case investigation (including Customer screening, Negative news searches, transaction monitoring, Case Management).
• Create & investigate the manual alerts / cases based on the recommendation from IBA.
• Involved in holistic review of the customer, account, transactions as well as other involved entities to determine the nature of alerted activity.
• Verification of SOF / POT (Source of funds & Purpose of transaction) & utilization of funds. Initiate referrals to Relationship Manager & to business by using a tool (eOPS).
• To reconcile & validate the responses provided from FCC, CDD team & from business.
• Evaluate the transactions and customer relationships for money laundering activities, identify the red flag issues, and escalate within the FCC (Financial Crime Compliance) India & Indonesia authorities.

Additional responsibilities:

• Track and manage the daily, weekly, fortnightly & Monthly Ageing MIS, productivity MIS and allocation of RFI’s by follow-up with RM/Business and to report to the country level for escalations.
• Actively participated in mentorship calls (mentored by FCC team – Singapore), discussed scenarios / Case studies and gained knowledge on AML related topics from mentors.
• Cross trained the team members to improve the quality of Referrals, which are initiated to Relationship Manager.