Assistant Manager
Sigue Money Transfer
Total years of experience :21 years, 11 Months
Risk & Compliance | Financial Investigation Unit
•Managing a team of analyst for KYC checks for client onboarding and transaction monitoring in compliance with regulatory standards.
•Analysis of financial transactions of complex nature for identification of patterns and trends of suspicious activity.
•Ensuring compliance with the European Union PSD, BSA, OFAC, FATF and all applicable state, federal and international AML and KYC regulations.
•Reporting of suspicious transactions (STR) to the regulatory authority for transactions breaching regulatory guidelines.
•Submitting analyzed reports to the MLRO of the respective geography, with recommendations for filing STR for suspicious transactions.
•Reporting STR with regulators of United Kingdom (NCA), Belgium (CTIF-CIF), Austria (A-FIU) and Australia (AUSTRAC)
•Blocking of agents and customers of abnormal and unusual transactions and conducting EDD for unblocking and releasing transactions.
•Responsible for the implementation of various analytical techniques for consumer and agent transaction patterns.
•Attending LEA Request program by way of collation and consolidation of the required documentation / data.
•Interface with the IT team for technical implementation, UAT and changes as suggested by regulators for country send / receive limits, changes in AML alert thresholds, and ad-hoc request as suggested by the senior management.
•Drive process improvements and implement process changes as necessary
•Review and maintenance of the risk parameters, evaluate improvisation for existing risk parameters and controls and documenting changes in the process note registers.
Projects: Have formulated the guidelines and procedures for Risk Based Approach for Monitoring suspicious transaction for Agents and Customers.
Exposure to Geographies: Austria, Belgium, Cyprus, Greece, United Kingdom, Australia, France, Hong Kong, Portugal and Sweden.
Systems Used: Link-net, Citrix, Metavante, Norkom, SARSYS, Back Office Administration System (BOAS), Companies House, Document Checker
| Compliance & AML | BAHRAIN Branch (
• Manage customer relationship opening for Bahrain geography by running KYC checks for clients and file discrepancies with relationship managers. Risk Classification of clients into Low, Medium and High for credit offered.
• Addressing queries raised by the team members and the sales team in regards of KYC documentation related issues.
• Transaction monitoring & investigations for cases and reporting suspicious cases to the MLRO for regulatory reporting.
• Ensure AML checks and send SWIFT for Inward / Outward remittance and Risk remittance management and record maintenance for PEP checks & Tax Havens.
• Manage salary credits for various company’s staff salary account held with the branch and miscellaneous updates /changes as requested by Account holders.
• Attend the annual staff training on AML policies & guidelines, Suggest improvisation in terms of process improvements, customer risk profiling etc.
• Handled reconciliations for Nostro, Settlement and Office Accounts for various geographies like USA, UK, and Canada for a stint of two years (2007-2009).
• KYC checks for opening Current Accounts (India operations) in compliance with Reserve Bank of India (RBI) guidelines. (2006 - 2007)
Systems Used: World Check, Bridger, FINACLE, FCRM, Omnidocs, Infopool.
Spearheaded various projects:
Setup a Regional Processing center (RPC) for the states of Kerala and Tamil Nadu.
As a part of the team involved in an audit activity related to Account Opening.
Handled a team for a reconstruction activity of Account Opening Forms.
KYC checks for opening Current Accounts (India operations) in compliance with Reserve
Strategically positioned to support the sales force. Lead & Opportunity management, making quotations and converting the same to orders, Sales MIS reporting.
•Obtaining dispatch details, outstanding summary and updating the customers about the same for delivery and billing related issues.
•Handling documentations for Bond-to-Bond Sales, High Sea Sales Transaction and third-party contracts (CWO, CT-3, AR-3, and L.C) for timely delivery.
•Liaising with customers for contract sign-offs for sales, services, and PSO etc.
•Was responsible for getting the approvals from the higher authorities for discounts, if given to the customers and Free of Cost Orders (FoC).
•Ensured the billing of the orders as per agreed terms of the purchase order (Advance payments /Delivery payments) and follow up with the customer for collection of payments and other outstanding.
•Supporting the sales team in tender submissions by gathering the required Information/supporting documents, Technical Certificates, EMD, BG, etc. from the regional and branch offices of the company.
Outside work I like *: Reading, Music, Travelling, Outdoor Sports
I am a Certified Anti Money laundering Specialist from ACAMS organisation in the USA.
(Major in Finance and Economics)
courses: : Certified Anti Money Laundering Specialist, ACAMS, USA-Feb’ 2017 •Arabic Language Certification
courses: IATA-FIATA) Geneva-Switzerland