Yamini V
Chennai
Summary
An organized and motivated individual, eager to utilize time management and organizational skills across diverse settings. Possess over9 years & a bove of rich & diversified international banking experience with particular focus on Compliance, AML/KYC, Transaction Monitoring, Sanctions, Customer Screening & Adverse media information in Financial Crime Surveillance department.
Overview
9
9
years of professional experience
Work History
BA4
Barclays Global Service Center
09.2022 - Current
- Expertise in end-to-end alert / case investigation (including Customer screening, Negative news searches, transaction monitoring, Case Management
- Investigate complex cases related to fraud, money laundering, and other financial crimes using transaction monitoring systems.
- Generate Suspicious Activity Reports (SARs) in accordance with regulatory requirements
- Involved in holistic review of the customer, account, transactions, as well as other involved entities to determine the nature of alerted activity
- Verification of SOF / POT (Source of funds & Purpose of transaction) & utilization of fund
- Prepared and submitted SARs based on findings, including detailed descriptions of suspicious activity and supporting documentation.
- Managed time effectively to ensure tasks were completed on schedule and deadlines were met
- To reconcile and validate the responses provided from the FCC, CDD team, and from the business
- Evaluate the transactions and customer relationships for money laundering activities and identify the red flag issues and escalate within the FCC (Financial Crime Compliance) India &authorities
- Track and manage the daily, weekly, fortnightly, and monthly Ageing MIS, productivity MIS, and allocation of RFI's by following up with RM/Business and reporting to the country level for escalations
- Actively participated in mentorship calls (mentored by Financial Crime & Compliance team – India), discussed scenarios / Case studies and gained knowledge on AML related topics from mentors
- Acted as a second-level reviewer in quality check and provided feedback to the respective team to improve the quality
- Cross-trained the team members to improve the quality of referrals, which are initiated by the Relationship Manager
- Also, trained the team and provided the Internal Quality Assurance Feedback for every Detection Scenarios and RedFlags in AML
- Proficient in utilizing transaction monitoring systems, regulatory compliance, and risk management strategies to mitigate potential financial crimes.
- Lead a team of analysts in daily transaction monitoring, ensuring the timely identification, investigation, and reporting of suspicious activities in compliance with regulatory requirements (e.g., BSA, AML regulations).
- Develop and implement team workflows and procedures for the transaction monitoring process, improving overall operational efficiency and reducing false positive alerts.
- Review complex cases escalated by team members, providing insights and recommendations on potential risks and reporting.
- Conduct periodic team performance reviews, provide feedback, and implement improvement plans to address skill gaps or performance issues.
Senior Analyst - Financial Crime Surveillance Unit
Standard Chartered GBS
09.2018 - 03.2022
- Analyzed alerted transactions related to Correspondent Bank client activity to ascertain whether the activity is suspicious
- Utilized bank systems, subscription and public databases, and other tools to research clients, counterparties and related entities to the transactions
- Thoroughly and succinctly, documented the research and analysis related to the financial activity
- Assisted and provided information to support Suspicious Activity Reports (SAR) for regulatory filing
- Conducted enhanced due diligence research of individuals, institutions and trust through Lexis Nexis and other internet tools
- Identified multiple significant cases, red flags and patterns associated with the laundering of illicit funds
Financial Sanction Officer - Global Payment Processing (GPP)
Teleperformance DIBS
04.2016 - 09.2018
- Investigated every payment to check if there any probation link in the payment and to stop the payment if found any probation countries involved or SDN (Specially designated nationals) in the payment
- Ensured financial security of Barclays corporate banking and prevented money laundering, counter terrorism, counter narcotics tracking
- Conducted thorough investigations within the payments using various applications and then decided whether the payment has to be released or referred to the relevant financial crime unit
- Understood the detection scenario in a case-by-case basis and identified red flags
- Investigated the case end to end and identified suspicious activity in the transaction
- Mitigated associated risks and detection scenarios by a risk-based approach
- Understood money laundering and terrorist financing issues, procedures, and current trends typologies
Junior Officer
HDFC Private limited. Atlas Documentary Facilitators Company Ltd (Subsidiary of HDFC Bank)
08.2015 - 11.2015
- Over1 year of experience in the area of Banking Operation, MIS Analysis & Queries
- Prepared daily Sales Reports for the Sales team
- Prepared both Corporate and Prepaid MIS
- Provided timely MIS as required to various aspects of the Business
- Handled MIS daily, weekly, monthly
- Prepared Sales Contest for Pan India
- Handled Corporate Card Services queries
- Maintained Portfolio Master for Corporate Cards & Prepaid Cards for Pan India
- Checked the document and process to the next level to issue cards to the corporate
- Took quality action and reduced errors
- Resolved Sales queries for sales Manager in Pan India
- Maintained Employee details in systems and created employee code for New Employee
- Informed sales Manager about RTO (Return to Origin) cards and collected correct details from them
- Maintained Annual Spend of every corporate which has a tie-up with us
- Generated Card Activation, Limit Enhancement to the customer in Operation level
Education
Bachelor Of Science - undefined
Shri S.S.S.Jain College For Women
Chennai04.2014
Disclaimer
I hereby declare that the above written particulars are true to my knowledge and belief.
Timeline
BA4
Barclays Global Service Center
09.2022 - Current
Senior Analyst - Financial Crime Surveillance Unit
Standard Chartered GBS
09.2018 - 03.2022
Financial Sanction Officer - Global Payment Processing (GPP)
Teleperformance DIBS
04.2016 - 09.2018
Junior Officer
HDFC Private limited. Atlas Documentary Facilitators Company Ltd (Subsidiary of HDFC Bank)
08.2015 - 11.2015
Bachelor Of Science - undefined
Shri S.S.S.Jain College For Women
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