Subhashree Nayak

• Verification of the Client data, performing due diligence checks on the Clients, reviewing KYC documentation performing the risk assessment of the Client, liaising with the Business/Compliance, advising on KYC requirements and signing off on new client adoptions & periodic review.
• Reviewed on client types including; Listed and Regulated, small/medium/ large private and public companies as well as more complex structures such as; SPVs, Co-operatives, Foundations and Funds, Governments, Joint Ventures, etc.
• Managed exception ensuring that all SLA's defined with the Business on timeliness and quality are adhered.
• Ability to interpret regulatory guidelines and assessing risk scores and entity types, alerts,identifying trends and inconsistencies.
• Ensured that all requests are approved in accordance with regulatory requirements and the bank's internal policies AML/KYC regulations and industry guidelines (FSA, 3rd EU Money Laundering Directive, MIFID)
• Assessing the risk of the client by due diligence file based on country, nature of business, reputational checks and product/services risks.
• Reviewed cases on different entity type and jurisdictions which includes-: Corporate, NBFI, Banks in APAC, EMEA and AMER locations
• Sending weekly findings to Line of Business and handle calibrations with them. Standard Operating procedures (‘SOP's) and Operation Level Agreements (OLA's) to achieve accurate communication with COB, AFC, AML.

• Researching, collecting and analyzing client information to ensure compliance with regulatory policies, internal standards, AML requirements and identifying exceptions to escalate to relevant authority and following through to ensure appropriate actions are taken.
• Investigated and assessed files for potential money laundering/sanctions risks to the bank.
• Ensured timely identification, efficient reporting of suspicious activity to AML Compliance.
• Ensuring clients meet applicable AML/KYC requirements and that the appropriate AML/KYC process is followed for new client mandates to mitigate risk.
• Performing Enhanced Due Diligence on each high-risk client as per policy framed by Wipro based on booking location and country specific requirements.
• Hands on KYC applications and Tools: Bankers Almanac, Lexis Nexis, Commercial registries, regulatory websites, Stock Exchanges.
• Maintained Average quality with 99%.

• Conducted KYC on different entity types and different jurisdiction (Entity types like: NBFI and Corp) (Jurisdiction like US; UK; DE; AU; NZ; SG and HK).
• Conducts qualification reviews checks of high and moderate risk customers and determine the appropriate risk rating.
• Responsible for review and ensure acquiescence with compliance standards and regulatory requirements on the documentation received for New Client Adoption.
• Determining/confirming KYC (Know Your Customer) requirements and collecting relevant information in line with Customer Identification Policy.
• Collected documentary proof and build and maintain case files for transactions deemed suspicious.
• Research, analyze and updated in client specific application company profile, key controllers, registered address, legal hierarchy of the client through client approved sources and secondary sources.
• Ensured line of business is in compliance with applicable laws, rules, regulations and corporate policies related to EDD.
• Assisted and addressing queries from team mates relating to money laundering.
• Analyzed client data, documentation and negative news in order to determine Client Risk Profile.

Role: NCA and PR team in Client location

Key Deliverables-NCA:

• New Client adoption on Frankfurt booking location for GM products.
• Performed AML and KYC checks on new and existing institutional clients.
• Evaluation of Documents received from client
• Screening Checks on Clients (includes PCR, RDC and Lexis Nexis).
• Conducted qualification reviews checks of high and moderate risk customers and determine the appropriate risk rating.

Key Deliverables- Periodic Review (APAC):

• Perform periodic reviews on Medium and High-risk clients for different locations (HK, SG, DE, US, UK, AU, NZ).
• Analyzed client data, documentation and negative news in order to determine a Client Risk Profile as established under the KYC Procedures.
• Enhanced Due Diligence was performed on entities via Lexis-Nexis, Google, PCR and RDC.
• Ensuring compliance with all AML laws, regulations, guidelines, written procedures; OFAC, CIP, KYC.
• Performed Sanctions screening and PEPs identification
• Reviewed potential negative news hits
• Promoted to QC role and performed QC checks