Indubala Bijoy

• Conducting AML KYC Audits, review of STR, review of remittance / exim / WPS etc transactions, wholesale banknotes department audits, Risk assessment, staff trainings, policy drafting, gap analysis etc for Foreign Currency Exchange firms.
• Compliance Advisory consultation for Banks in DIFC in accordance with DFSA rules, which includes KYC Audit, KYC remediation, assistance in quarterly Prudential Return filing, Sanctions screening for PEPs, High Risk customers and adverse media, Syndication loan simplified due diligence, CDD during new customer on-boarding and EDD for high risk customers, conducting staff training and so on.
• Due Diligence activities for Industrial Goods Manufacturer's clients, Licensing / Change in Activities / downgrading & upgrading services for Banks in DIFC, Audit services for Exchange Houses etc.,
• Presently handling 4 Indian banks branches in DIFC, 2 local banks, 3 Exchange Houses and more, conducting Policy reviews and preparation, Gap analysis, Sanctions screening for existing clients, KYC control, Risk assessment, Due diligence and on-boarding of new clients, TBML related and other compliance related activities; and conducting AML audits for 3 Exchange Companies, including their cash branch audit, and branches in GCC and other countries.
• Consultation services for opening representative offices of foreign banks in UAE.

 Client Document releasing post verification, stamping and legalization.
 Checking Position for Trust Receipt Loan cases as well as for Usance cases
 Processing Payment, TR Loan Message, Acceptance and Commission in T24 Temenos
 Raising Limit enhancement / approval requests for cases with exceeding limits
 Direct Import settlement - Central Bank, Internal Transfer as well as Foreign Currency payments. Legalization, raising limit enhancement request and passing fund transfer entries.
 MIS maintenance

 Ensuring 100% screening of Account opening applications received at Regional Processing Centre
 Conducting Training to Risk Containment Unit Agency verifiers on verification process and training Agency MIS coordinators on Turn around Time, Correctness and Quality of the reports.
 Sharing of findings and concerns of Seeding activities, Channel reviews and Warehouse visits with concerned managers in business teams and Risk Containment Unit central team for closing the loop
 Investigation on pre acquisition fraud's
 Agency Management - Review / Audit, training & Billing
 Training & Review of Account opening form Samplers
 Check on the quality of feedback going to Business
 Training to Business, Maintaining MIS, Turn Around Time adherence
 Seeding activity - Business / Agency / Authority
 Cost Rationalization
 Cross - Verification, Hind - sighting
 Co-ordination with Business team for resolving queries.
 Sharing of best practices and trends for respective locations
 Relationship Management with internal customers
 Manpower Planning
 Liasoning with external agencies on fraudulent accounts and suspicious customers.

 Driving Enhanced Due Diligence of Money Laundering Cases through Branches & Sales team for saving and current account respectively. PCCM will be interacting for feedback, checking the quality of the same and will be one point contact for all money laundering triggers/suspicion at branches.
 Regional Compliance Committee for RCU Decline Cases for handling Employee Accountability of Channels for Salary, Current and Household segment including trend analysis and identification of areas where RH and ZH may need attention for sourcing/processes perspective.
 Handling sourcing related fraud Cases whether done through branches/sales teams and filing of 6 hour and Fraud Monitoring Report for RBI reporting and Liasioning with branch, RCU and Legal for end to end resolution.
 Coordination with RCU and providing details for investigation of employee accountability cases of sales team.
 Facilitating SOX Audit
 Imbibing compliance culture among sales team and conducting periodic Zonal and Regional Compliance Reviews on status of sales compliance issues and actionables thereon and Sales Compliance Certification to be submitted by RH/ZH.
 Recruitment & Training - Ensuring 100% Sales Executive staffing for region, selection of candidates by process of interview, RCU validation, completion of document and code creation. PCCM will also ensure correct mapping and job role of SE/Junior Officer to branch/BSM.
 Resignation/Separation - Managing the process of resignation and separation by ensuring collection of letter, ID card, Visiting card and others of resigned SEs including completion of full and final settlement of SEs.
 Driving the process of current and saving account opening, managing Rejection and TAT monitoring and control. PCCM is the one point contact for KYC related clarification.
 Follow up for collection cases (Never Used Never Paid & Irregular Accounts) with branches/sales for current and saving account irregularity.

 Banking: Verifying and sorting out the instruments as per clearing and forwarding the same to Bank within the stipulated time, sending report to HO and DO South on Remittance Plan Vs Actual on a daily basis, verifying bank statement credits and despatching the same toDO South.
 In SAP:
Bank Reconciliation, crediting of Wholesale Dealer account as per the bank statement, WD remittance entry, Pay-in-slip generation, remittance data print outs, cash receipts to WDs.
Processing of Vendor invoices, Internal cheques, down payments, voucher print outs.
Forecasting of stock requirement, Stock distribution for entire Kerala market, ordering of stocks from factories, follow-up with godown on stock receipts and deliveries.
 Others: Calculation of Bank charges, remittance forecast on the basis of stock requirement, issuing of TDS certificates, , processing of dealer claims, verification of freight expenses and other duties on demand. Reporting was to Branch Manager and Finance Manager

 Daily maintenance of Avenue Management Information System, maintaining business centre records, follow up of pending receivables and payments, co-ordination with POS with daily sales turnover, Banking daily collections, drafting official letters, banquet bookings, follow up with The Avenue Centre Hotel, etc. Reporting was to the Managing Director and the General Manager.