Soniya Mani

Project 1 - Ally Bank

Roles and Responsibility:

• Review, research and make determination of suspicious on items and transactions identified according to the Bank Secrecy Act (BSA) via AML and conduct comprehensive Financial crime investigations generated from automated alerts or manually received reports and referrals.
• Reviewing various KYC processes which includes (Customer identification , beneficial ownership, Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD)
• Analyst focusing on detecting and investigating anomalous user account behaviors and activities related to potential identity/synthetic identity fraud and account take overs.
• Performed the required KYC screenings for both new and Existing customer and Reviewing the cross border Logins and transaction.
• Reviewing ACH fraud operations, Fraud detection and handling cheque and wire transfers, Bill payments. approving or rejecting these request after performing complete FRA.
• Investigates reviews and monitors suspicious customer's account transaction activities and made recommendations for further review or closure.
• Performs Enhanced Due diligence on customers deemed high risk, and suggested account restrictions and/or account closures based on risk to the institution.
• Involved in research, writes, and reviews Suspicious Activity Reports on a daily basis while ensuring compliance with federal regulations.
• Analyzed clients' database to create Customer Monitoring Report. and preparing Daily Recon Reports, weekly, monthly metrics for MI dashboards using MS Excel and SQL.
• Understand and keep update on the current Red flags and industry trends related to AML. and provided training and process updates for new employees.