Sangeetha M

· Transaction Monitoring: Regularly monitor customer transactions to detect any suspicious activities, such as large or unexpected transfers, particularly from or to high-risk regions.

· Red Flag Identification: Flag unusual patterns, such as rapid movements of large sums of money, which could indicate money laundering or fraud.

· Alert Management: Investigate and resolve alerts triggered by automated transaction monitoring systems.

· Suspicious Activity Reports (SARs): If suspicious activity is detected, file SARs with the relevant financial authorities (e.g., the Financial Crimes Enforcement Network in the U.S.).

· Internal Reports: Provide regular reports to management on customer risk profiles, findings from due diligence, and any issues that require attention.

· Maintain Accurate Records: Keep detailed, organized records of customer identification and due diligence processes in line with regulatory requirements.

· Compliance with Regulations: Stay up to date with local and international KYC/AML regulations and ensure that the institution’s procedures comply with them.

· Audit Preparation: Prepare for audits by internal or external parties by ensuring that all KYC-related documentation is easily accessible and compliant with legal standards.

· Identifying patterns of suspicious activities, PEP's Snctioned individuals, countries (SNDs), Entities, Fraudsters, Money Launderers, Terrorist financing and other related financial crimes and mitigate he risk associated with the financial crimes and filtering sensitive industries, NGOs, Charitable Organization,Pension Funds, Insurance Companies OFAC penalty listing, Red flag for further review. Requesting for RFI to Relationship manager in the bank.

• Validating of day 2 review account.
• Create Customer Profiles: Record and update information on each customer in the institution’s KYC system, ensuring that data is complete and accurate.
• Customer Identification: Verifying the identity of customers using documents like passports, driver's licenses, and other forms of official identification.
• Customer Risk Assessment: Evaluating the risk level associated with each customer. This could involve reviewing the customer’s financial history or any suspicious activities.
• Review of the attestation.
• (NAIC and PEND QUEUE)
• KYC and AML, CDD.
• Audit Preparation: Prepare for audits by internal or external parties by ensuring that all KYC-related documentation is easily accessible and compliant with legal standards.