Saish Muckenamkate

Payment Operations- APAC Lead

• Successfully migrated the UBS systems to be compliant with ISO 20022 requirements.
• Oversaw transitions and system changes from MT 103 to pacs.008, facilitating a streamlined payment process.
• Reviewed and processed outbound cash payment requests for UBS Wealth Banking, ensuring authentication controls were met.
• Ensuring documentation completeness and accuracy in line with agreed service levels and adherence to regulations, standards and internal policy.
• Managed exceptions and documented them for audit checks, enhancing compliance and future reference.
• Liaise with audits, controls, Front office, anti-fraud, compliance and various other stakeholders.

Client Asset Protection Governance/ CASS (Client Asset Sourcebook)- APAC Lead

• Drove monthly Front-to-Back governance forums, fostering partnerships with business heads, operations country managers, line operations management, compliance, risk, and internal audit
• Ensure compliance with client asset regulations across APAC jurisdictions and Bank's internal policies
• Face-off with external parties or regulatory bodies in demonstrating compliance with the client asset regulations
• Oversaw the APAC Client Asset Production processes within the team and monitored key metrics for Client Asset across the Line Operations teams to identify and advance key risks.
• Performed data analytics and generated reports identifying risk indicators, themes, and trends for informed decision-making
• Ensure processes, controls and documentations are current and complete
• Ensure business continuity plans are properly documented, tested, and updated regularly
• Support internal and external audits, reviews, and exams
• Delivered change programs and initiatives effectively
• A committed data provider for accurate, complete, and timely reports to downstream users for regulatory obligations and report submissions
• Collaborated with APAC Client Asset Change and Control team in Singapore to advance change program and develop Client Asset Tool, supporting implementation of Client Asset Risk and Control Framework
• Stay informed about industry trends and best practices to drive innovation and continuous improvement

Client Onboarding & Legal KYC

• Legal due diligence/Legal KYC review of the bank's counterparties/ customers to determine the pre insolvency legal implications of trading with such counterparty/customer by evidencing legal capacity (power) and authority to enter into financial transactions contemplated by the trading and prime brokerage agreements being negotiated.
• Collaborated with top management, stakeholders, and tier 1 counterparties including hedge funds, mutual funds, investment managers, and corporations across US and EMEA to ensure alignment on legal KYC requirements.
• Coordinated with General Counsel, client regulatory implementation close-out team, client negotiations teams, and client onboarding teams to streamline processes and enhance compliance.
• Produced presentations on project status, set up project meetings, and published minutes.
• Perform analysis of client data, and/or budget numbers, summarize and present to management
• Assist with Business Analysis tasks, for example analyzing client reference data, trade data or documenting a business process flow / roles and responsibilities • Respond to client queries and/or escalate urgent issues, assist with client outreaches
• Developed desktop procedures for regulations, policies, and processes to improve operational efficiency and ensure adherence to legal standards.

Performed Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance checks.

• Conducted customer due diligence (CDD) on new and existing clients to identify unusual financial patterns and assess risk exposure.
• Enhanced Due Diligence (EDD): Perform deeper investigations into high-risk customers, such as Politically Exposed Persons (PEPs), involving source-of-wealth and source-of-funds analysis.
• Screened individuals and entities against global sanctions lists, PEP databases, and adverse media to determine risk scores and ensure compliance.
• Monitored transaction patterns and refreshed customer files to detect suspicious activities.
• Reporting & Escalation: Document all findings and escalate suspicious cases to the Money Laundering Reporting Officer (MLRO) or compliance management.
• Customer Identification & Verification: Collect and review government-issued IDs, proof of address, and corporate registration documents for validity and authenticity.