compliance specialist
Currencies Direct Solutions Pvt Ltd
Total years of experience :8 years, 8 Months
*Compliance Associate (Team Mentor) - Corporate Forex Due Diligence - Corporate Clients.
⦁ Processing of Fresh Corporate Forex Application Requests for South Africa, UK, Australia and
Spanish Clients..
⦁ Preparing Daily Receipt Analysis based on Volumes received (Week Wise).
⦁ Guiding BDE's for Resolution of Priority cases.
⦁ Evaluation and closure of Confirmed Sanctioned Hit Cases/Individuals.
⦁ Processing of UBO (Ultimate Beneficial Owner) Alerts and Updating the same over System for
future reference.
⦁ Conducting Team Meetings as and when there are any updates/changes in process flow.
⦁ Conducting periodic QC for closed requests.
⦁ Conducting periodic Re-Registration review for UK and South Africa clients and assigning task
notifying any changes company structure to BDE to initiate Re-Registration process.
*Senior Associate (Team Mentor) Account Co-ordination - US Policy Tracking
⦁ Daily Allocation of Policy Tracking Request zone wise.
⦁ Preparing Daily Receipt Analysis based on Volumes received (Week Wise).
⦁ Guiding Team Members in case of Issues/Queries.
⦁ Guiding Team Members to Raise Queries to relevant Teams for Quick Resolution.
⦁ Conducting Daily Team Connects for Doubt Solving and to share updates as and when received.
⦁ Carrying out Weekly Audits and sharing Feedbacks on the same.
⦁ Weekly Cross Training for Receipt Analysis to Team Members.
⦁ Process Training to New joiners.
⦁ Excel Training to New Joiners and Existing Team Members.
⦁ Maintenance of Leave Tracker for the team.
⦁ Monitoring Transaction Registration Process.
⦁ Processing Tracking requests as and when volumes are high.
♦ Daily allocation of RBI Queries to makers.
♦ Collation of data from makers and Authorise the same.
♦ Reporting of RBI final data to Unit Head .
♦ Daily Allocation of Signature Maintenance Request
♦ Carrying out Pre-Scrutiny of HNI cases.
♦ Conducting Team Hurdle on regular basis to update on process changes.
♦ Conducting Sample Day-2 Quality checks of transactions made by Makers.
♦ Maintaining and Publishing of Daily productivity trackers of Team Members.
♦ Monitoring Transaction Registration Process.
♦ Guiding Citi Bank ASU Team in resolving Exceptions.
♦ Monitoring of Printing and Dispatch process of customer advices.
♦ Completing account maintenance post evaluation of KYC and other documents provided by the client.
♦ Daily processing of AML alerts raised on the accounts.
♦ Raising Suspicious Transactions in the accounts to branch and taking up necessary follow-ups for obtaining clarifications on the same.
♦ Handling Retail - Assets Cases.
♦ Handling Cust Id Memo Marking process for Suspicious Accounts.
♦ Maintaining and Publishing of Daily productivity trackers of Team Members.
♦ Handling of Media News Reporting/ Adverse News Reporting Cases.
♦ Handling Regulatory Queries.
♦ Carrying out Quality check on Alerts closed by AML officers.
♦ Managing team of 3 people for KYC Verification & other operations activities in the DVU (Document Verification Unit) with the objective of delivering timely, efficient & productive processing service within the statutory, regulatory and operation norms of the Bank.
♦ Allocating account opening forms to DVU maker & checker and process the same on FIFO basis.
♦ Co-ordination with branches/account opening RM’s in regards with queries, solutions & documents, if required.
♦ Co-ordination with YBL Senior management for any approval’s/priority account opening.
♦ Conducting morning huddles within team to guide & improve knowledge levels and also update team members of various policy/compliance circulars.
♦ Ensuring that all discrepancies in account opening forms are raised to the Branch correctly and at a single instance
♦ Checking of reverts received from branches on discrepant forms and evaluation of the same for completeness and compliance to internal and external guidelines
♦ Responsible for Training to BBL/BSDL/BSP/RTL/CRP on all types of Account Opening with due diligence of KYC/AML Policy Norms for Salary Accounts and Inclusive- Savings Bank Account (ISB- Rural Accounts).
♦ Ensuring TATs as committed to Business groups are adhered to and any instances of non-compliance are reported to immediate supervisor