Simran Pahwa

• Responsible for doing Global ongoing due diligence for corporate clients.
• Performed Onboarding and Renewals for APAC region corporate clients.
• Analysis of transactional information to identify risk, trends and potential wary activity.
  • Performed the required KYC screenings on corporate client, documenting the information obtained on the client's as required by global KYC procedures.
  • Evaluates wire transfers and other payments for potential fraud, money laundering, patterns and inconsistencies.
  • Ensuring compliance with all AML laws, regulations, guidelines, KYC, customer/transaction monitoring.
  • Performs Enhanced Due Diligence on companies, trust, funds deemed high risk, and suggested account restrictions and/or account closures based on risk to the institution.
  • Electively conducted AML /KYC formality reports on questionable accounts and transactions.
  • Improved and implemented customer risk rating criteria with KYC management and procedure.
• Oversee Ongoing Due-Diligence & AML checks for Medium, High and Very high risk complex.
  • Provided training on Bank Secrecy Act and Anti-Money Laundering procedures and systems for new employees.

• Research, identify and analyze data from multiple sources and document findings in a written word product for the first periodic review and escalate the findings for a second review.
• AML screening on clients to combat money laundering.
• Helping clients in monitoring, analyzing alert/case to identify possible patterns of Money Laundering and Terrorist Financing activities, ensuring compliance and applicable internal policies and procedures. Also escalate potential risks and operational issues as appropriate to the relevant authorities.
• Conducting investigation that utilized internal and external databases to compile a portfolio of information on customer, counterparties and Entities involved.
• Detecting suspicious transactions, making further investigations and if not discounted, red flagging same and escalating and reporting it to MLRO or Compliance officer.
• Red flag identification if changes into the nature of business, screening or negative news found on the clients. Identify source of origin and source of destination of funds Identifying and researching the patterns.
• Managing filing on government portals (GOAML & NCA) SAR Filling.

• My experience includes determining customer's insurance coverage & evaluating those who have filed a claim
• Also I make sure that a claim is analyzed correctly for the clients to received their entitled Financial settlements
• Implemented process improvements based on data analysis findings.
• Provided feedback on ways to improve the overall customer experience.