VIDHYA M

KYC Remediation:

Responsible for KYC Due Diligence to review and remediate KYC profiles for high quality delivery of conducting KYC research and onboarding in line with all Compliance processes, policies, procedures, and protocols, including but not limited to, KYC Remediation of existing customers, including data collection, onboarding to the KYC Application, and creation of KYC files in logical order fit for sign-of.

• Identifying missing information and working with Relationship Managers to obtain the information to complete the KYC profile. Dealing with the Customer Identification Program (CIP), Customer. Due Diligence (CDD), and review existing accounts documentation.

• Research clients and collect information to evidence clients’ profile; financial info/source of funds; ownership structure, key account parties, geographic footprint, negative news, PEPs and other relevant information adhering to policy and procedures.

• Apply knowledge of the KYC, BSA, & AML regulations. Research utilizing internet research and third-party vendor research tools (Internal Watch List, public internet sources as well as third party sites. Investigating the alerts is deep if there is a potential match. Escalating the alerts based on risk-based approach.

Sanctions and compliance:

Responsible to perform full review on the customer by understanding their nature of business, buyers and suppliers, transaction history of the client and perform various check to understand the total level of exposure and risk appetite.

• Performs screening and Customer profile matching checks of all Outbound and Inbound payments for the bank ensuring compliance
with all regulatory, bank policy and procedural requirements.

• Escalation of true matches identified to the proper and Documentation, report/ follow up the investigated findings.

• Raising of RFI’s and resolving the queries within TAT’s defined in the procedure and check lists.

Transaction Monitoring:

• Reviewing and detecting suspicious activity based on a variety of AML Systems generated transactional alerts/alert wraps from transactional activity (wire transfers). Performing Enhanced Due Diligence (EDD)/Customer Due Diligence (CDD) to determine if alerts can be closed or warrant further investigation and elevation to an active investigation in the case management system.

• Preparation of Enhanced due diligence (EDD) documentation for SAR reporting and recommend the case for closure if no suspicious activities are found. Recommending the case for SAR filing or exit the relationship, if any suspicious activities are found with relevant supporting documentation.