Rohan Lakhanpal

· Act as an extended team for our spoke in all the major activities like new client on boardings and Off boardings, new portfolio setup and closure. Account modification and Tax reclaim are also included as part of my daily BAU.

· The core activity performed are Transitions between the portfolios, Migration in and Migration Out, which is further classified as No change in beneficial owner and Change in beneficial owner.

· All the relevant checks before the transition are performed diligently. The checks include CA analysis, Market Analysis, Minimum lot size check, Security lending check and all other internal checks.

· The transfer of assets is mainly based upon the product, majorly in transitions I have worked on Equities and FI (Fixed Income) product transfer.

· Diligently working with the internal stakeholder to set up a new portfolio in the respective system.

· Doing reconciliation between Pre and post transfer and highlighting the same to the spoke location.

· Managing INM platform vigilantly and providing the breaks report to the management.

· Setting up client portfolios who trade in various instruments such as ETFs, OTC Derivatives, Forwards, swaps. Setting up the matching and settlement requirements for instruments which require the service.

· Liaising with internal teams for the set ups in respect to collateral, reconciliations, tradeflow.

Post onboarding making sure that the processing of trades are accurate and breaks management is being done.

• Act as an extended team for our spoke in all the major activities like new client on boardings and Off boardings, new portfolio setup and closure
• Account modification and Tax reclaim are also included as part of my daily BAU
• The core activity performed are Transitions between the portfolios, Migration in and Migration Out, which is further classified as NCBO and CBO
• All the relevant checks before the transition are performed diligently
• The checks include CA analysis, Market Analysis, Minimum lot size check, Security lending check and all other internal checks
• The transfer of assets is mainly based upon the product, majorly in transitions I have worked on Equities and FI (Fixed Income) product transfer
• Diligently working with the internal stakeholder to set up a new portfolio in the respective system
• Co ordinating with the internal stakeholder to clear all the residual balance or holding held under a closure portfolio
• Doing reconciliation between Pre and post transfer and highlighting the same to the spoke location
• Managing INM platform vigilantly and providing the breaks report to the management
• Preparing MT202/MT103/MT299 based on the client requirement and sending it to the processing team
• Diligently handling the offshore and Onshore calls
• Understanding the firm's KYC requirements when reviewing documentation inclusive of Customer Identification Program (CIP), CDD, MDD, EDD and Product Due Diligence (PDD)
• Perform Periodic Review - CIP, CDD, MDD and EDD
• EDR is based on customer risk rating and jurisdiction towards all the institutional clients
• Supports the banks Financial Crime compliance by ensuring the business in US operates in accordance with all legal and regulatory requirements relating to anti money laundering and counter terrorist financing
• Analyzed and evaluated information and documents for KYC profiles of different types of customers
• Research and validation of entity data using appropriate internal and external data sources

• Perform Screening checks related to prime and world check and making sure screenings are done appropriately based on the associated party and entity
• Perform AML/KYC/CDD investigations and compliance reviews (onboarding and maintenance) in conjunction with countries/regions, particularly in relation to high-risk customers
• Identifying data anomalies and red flags for money laundering, terrorist financing, fraud, and sanction violations to escalate for second level review
• Submitting written work product for review and adhering to client policies, procedures, and requirement
• Meeting production and quality standards for completing assignments
• Proactively researching and analyzing data from multiple sources and document findings in a written work product
• Performing risk analysis in search engines such a World Check, Jumio and investigating regarding Compliance and Anti- Money Laundering schemes
• Re-evaluating and suggesting novel ways to improve the process which proved to be less time-consuming
• Onboarding Retail and Institutional Clients and verifying and performing CIP, CDD, CIV and EDD checks
• Performing Quality Check tasks for 15 analysts and assisting with advanced tasks such as quality control reviews to ensure work product follows internal and client standards
• Identifying accurate risk rating for individual/entities to highlight high-risk jurisdiction, cash intensive/high risk businesses and Politically Exposed Persons (PEPs) or relatives or close associates (RCAs)
• Verifying all aspects of Client Identification Program (CIP) and necessary documents in accordance with KYC, USA Patriot Act and Bank Secrecy Act (BSA) standards
• Conducting Enhanced Due Diligence (EDD) and Customer Due Diligence (CDD) research to find derogatory/background information used to aid client advisor's decision in initiating, maintaining, or closing business relationships