Sandeeb A.S

As KYC Checker (Quality Control) work to ensure high quality standards are maintained for KYC and Enhanced Due Diligence (EDD) casework conducted by KYC analysts.

Will review cases for adherence to EDD procedures and ensure analyst conclusions are clear, complete and supported by the information in the file.

Assisting in the organizations efforts to prevent money laundering, terrorist financing and other illicit financial activities

Hands on experience on complete KYC lifecycle of client on-boarding and Periodic Reviews including stages of self-sourcing the documents, data collection, Customer Identification Program, checking of transaction history and risk-management.

Effective Internet and research skills and usage of third-party tools such as LexisNexis, World Check, Government registries, etc.

Calculating Financial Crime Risk Rating (Low, Medium & High ) of all clients based on their Nature of business, Country of Incorporation, Primary business operation locations, etc.

Research clients and collect information to evidence client profiles, financial info/ source of funds, ownership structure, key account parties, negative news, PEPs, OFAC and other relevant information adhering to policy and procedures.

Beneficial Ownership Drill down to identify the Ultimate Beneficial owner.

Scrutiny of documents as per checklist which is approved by process Team.

Performing Customer due diligence CDD), Enhanced Due Diligence (EDD), Account Due Diligence (ADD), Product Due Diligence (PDD) for all level clients.

Registry Management Account Setup Team (IRESS client
Australia), working on all types of Account setups & Transfers.
Performing periodic reviews for high risk, medium and low risk clients to confirm that each customer's assigned risk rating continues to reflect the appropriate AML risk rating
Doing PEP check for different types of political and suspicious activity found clients.
Doing CDD and EDD check for clients and updating risk ratings.
Customer Identification process (CIP).
Doing Validation part for company documents and for unregulated or regulated trust like (trust deed ASIC Extract, Application form Tax form and Identification form. Signatory list etc.
Identifying Directors/ BO/UBO/POA/Advisors/ Individual Trustee/ Corporate Trustee from various accounts
Chasing with clients on mail for missing documents and for those documents who not fulfilled our business rules or KYC rules.
Validating Client's TIN no, GIIN no and TFN numbers and their FTCA CRS status on different type of tools and sites.

Working on different types of remediation project which is related to periodic review, KYC verification, AML.
Clients deals like deposit (Application), switch, transfer, unit withdrawal (Redemption) in mutual Funds.
Doing word check screening using “Refinity” site for an individual's, Trustees, Beneficial owners, Appointer, Director's etc.
Doing Registration part for on boarding corporate, trust and individual clients and Performing Account setup and account maintenance activity as a Processor.
Maintaining the shareholders details like (Address change, broker change or change of contact details).
Setting up Bank account details and distributions for new and existing clients.
Setting up adviser details for client and doing screening and AML part for it also.
Doing QA (second level check) of new account setup and KYC documents
Links: ABN lookup, ACN , World check risk rating, ASIC website, ASL signature site, AUSTRAC policies.

Strong understanding of AML and Client on boarding regulations for India

Ability to think strategically, along with the business and compliance.

• Strong time management skills and ability to work multi task.
• Outstanding analytical and problem solving skills
• Ability to work independently and perform complex KYC surveillance reviews and investigations analysis.

Prepare / Provide inputs for the fraud control policy/process.

• Define the operational guidelines for fraud control.
• Managing and monitoring pre & post sampling process on a day to day basis.
• Coordinate for all FCU related activities with all stake holders.
• Development of a robust investigation process and formulation of effective root cause analysis and take appropriate actions to mitigate fraud risks.
• Rigorous review of investigation/ verification reports over the risk consultant reports to maintain quality assurance.
• Identify and develop fraud risk triggers through red flag analysis.
• Providing process control suggestions and fraud risk advisory. Adequate and timely action on compliance and process gaps.

Working on New applications received for Savings account and Fixed term deposit accounts.
Creating new clients with details provided in application and raising with account holder for missing information.
Validating documents required for account opening
Completing AML checks before account opening.
Verifying customer data to detect and identify financial fraud.
Working on requests from account holders regarding personal updates.
Processing Bonds accounts on financial year ends.
Handling complete account opening to customers & Anti money laundering documents verifying and updated their records (To operate their accounts).

• Reviewing the customer requests related to the Insurance policy.
• Processing of paper and electronic claims based on hold codes.
• Allowing eligible claim amount based on treatments.
• Update of personal details in files.
• Sending confirmation through letters and Emails.
• Managed multiple tasks simultaneously, ensuring timely completion of all assignments.