Sampath Barre

Engaged with senior stakeholders and external auditors on offboarding process updates, ensuring transparency and alignment with organizational goals.

Managed offboarding-related projects from inception to completion, including system upgrades, process reengineering, and implementation of new tools to enhance KYC offboarding efficiency.

Oversaw the meticulous documentation and reporting of offboarding activities, leveraging data analytics to monitor trends, assess process effectiveness, and Implement control reports

Directed end-to-end KYC offboarding processes, ensuring seamless and compliant transition for high-risk and high-value clients in alignment with regulatory requirements and organizational standards.

Coordinated with legal, compliance, and operations teams to manage complex offboarding scenarios, ensuring smooth execution and resolution of client-related issues.

• Conducted analysis on potential sanctions and PEP matches associated with underlying clients highlighted by automated alert software (e.g., Firco/Fides). Authorized second-tier escalation in investigative cases after reviewing these alerts.
• Performed due diligence checks for organizations and individuals suspected of money laundering and financing terrorism by analyzing data from public records, media sources, commercial databases, LexisNexis, etc.
• Made decisions on blocking, rejecting or cancelling payments by reviewing L1 and L2 escalation requests as well as completing alert screenings related to OFAC-sanctioned parties.
• Facilitated payment processing through SWIFT, CHIPS, CHAPS, and Fed-wire bank connectivity platforms
• Efficiently collaborated with cross-functional teams in reviewing, investigating, and resolving sanction screening alerts while maintaining adherence to regulatory standards.

• Conducted SOX Testing Analysis to assess the functionality of a banking application from start to finish, ensuring proper system flow and information exchange among different system components and systems by identifying system dependencies.
• Analyzed large datasets using advanced Excel functions to generate actionable insights for Country Management in resolving Payment Transparency issues, and delivered accurate MI to Business/LoB/Channel owners in a concise format to identify risks, trends
• Possess expertise in Swift messages and ISO 2022 formats like MT103 and MT202Cov, with practical knowledge gained from participating in the pilot batch for ISO formats execution.
• Build and maintain effective relationships with peers, stakeholders, data providers, and business areas to identify service improvement opportunities.
• Ensure organized and timely completion of work within agreed timescales, monitor workflow and priorities, and set, monitor, and achieve process productivity and quality targets to optimize resource utilization and meet SLAs.
• Promote co-worker development and share best practices to maximize resource utilization and implement a cross-training plan for operational teams.

• Investigated and escalated transactions related to money laundering or other criminal violations effectively.
• Utilized tools such as World-Check, bDNA, SCDM, GPI, FIRCO, and more to investigate alerts generated by transaction monitoring systems.
• Maintained detailed and precise documentation of sanction screening activities, recording findings, actions implemented, and decisions taken.

• Conducted comprehensive reviews and verifications of Client Identification Program (CIP), ensuring all required account opening documents are provided in compliance with Know Your Customer (KYC), USA Patriot Act, and Bank Secrecy Act (BSA) standards.
• Prevented account closures or penalties with prompt resolution of outstanding KYC issues for high-risk clients.
• Coordinated ongoing monitoring efforts for high-risk accounts by tracking changes in customers'' profiles and transaction patterns.