Sakshi Maggu

Roles and Responsibilities:

KYC Inspections:

Transaction Filtering/ Monitoring:

• Worked on Transaction Filtering project as L1 Investigator responsible for preventing any entities or individuals in financial crime, as well as sanctioned or terrorism related activities, from dealing with bank or using their product.
• Perform Transaction Monitoring investigation on alerts generated by analyzing transaction data in order to determine if alerts can be closed or require escalation.
• Worked on payments related to Vessel and Aircraft matches that are blacklisted shipowners, tankers and other vessels transporting goods and services from sanctioned countries.
• Document investigation steps performed and document the rationale for decisions in Fircosoft V5 Tool used for transaction filtering.
• Investigating all swift messages as per Bank's economic, trade Sanctions policy and Anti-Money Laundering Policy.
• Working knowledge of SWIFT IBAN and other payment channels like TGT, Receiver GB55,PACS/UBSEPA, Faster Payments.
• Working knowledge of SWIFT message types like MT101, MT 202, 202 COV, MT103.
• Ensuring diligent review and confirmation of transactions that require escalation to L2 Investigator and decide on these in compliance with applicable Sanctions regulations as per banks policies and procedures.

Roles and Responsibilities:

Client Due diligence:

• Worked on preparing Integrity Due Diligence reports for entities as well as key individual targets.
• Hands on experience of Strings search from various sources like Regulators and government websites, google searches, company websites for entities.
• Review of financial documents like Annual Report, Memorandum of Association, AOA, Balance sheet to document the key financials of the company.
• Working knowledge of various screening tools like World Check, World Compliance, Dow Jones and Factiva.

Sanctions and PEP Screening:

• Follow operational procedures on sanctions alert handling, including document the decision rationale.
• Perform analysis of potential matches against sanctions lists alerted through sanctions screening of customers and transactions.
• Escalate alerts that may raise any potential reporting requirements.

Investigations:

• Worked on Investigations Project as an L1 Reviewer conducting E-mail reviews focused on fraud investigation, bribery and corruption on Relativity tool.

Roles and Responsibilities:

The Access Management Team is responsible for providing access for approx. 150 applications to authorized users of the Bank.

• Collaborated with team to define business requirements for organizational processes, achieve productivity standards, and adhere to accuracy standards.
• Responsible to analyze roles to determine types / level of access required and if necessary send the consolidated report or information to respective team for the modification in the role.
• Preparation of audit work, documented audit objective, tests findings, and evidence to indicate work done.
• Responsible for creation, modification, deletion and password reset for banks customers in the applications that require the access according to the business role within the TAT.