financial analyst
Tata Consultancy Services
مجموع سنوات الخبرة :5 years, 3 أشهر
Process Synopsis:
Tata Consultancy Services Ltd: 2year 9Months (From Feb 2016 to Sec 2018)
Process: Consumer Banking
Role: KYC Analyst
Citi Bank NAM CBSU process which provides KYC support to the bank clients in order to reduce the risk involve by monitoring the transactions and verifying the information provided and by checking the negative news against the client.
Responsibilities:
Joined as a KYC analyst and moved to Quality checker for KYC AML(CBSU), pilot batch for the KYC Citi bank- Central Business Support Unit(CBSU)
Used applications like Citi KYC, Concierge, Lexis Nexis, Eclipse, Factiva, On-demand, Business object, Stars, filenet, AML Screening, D&B.
Worked as a KYC analyst, KYC-QC for CBSU.
Types of scenarios- Individual & Entity(Companies)Closure, Out of Scope, Rescinds, Outreach
Citi bank clients full KYC and AML review/ rectification
Work flow- Client identification and verification, Client Profile, Members like Power of Attorney for the client’s accounts, AML screening whether our client fall under illegal activities, Product Profile for Customers accounts review and Transaction monitoring.
Ensuring compliance with all AML laws, regulation, guidelines, written procedures; OFAC, CIP, KYC, Customer/transaction monitoring.
Checking all the required documents for different entity types such as Control packet, Site Visit, Formation documents, Tax proofs, verifying correct NAICS code depending on nature of business &checking the customer Due Diligence(CDD)
As a Quality checker, we need to check the process completed by the analyst from end to end.
Any discrepancies, mismatch or incomplete information in any criteria will be marked down as error to that particular analyst
We use QC forms to fill the comments, feedbacks, Pass/Fail or observations about the cases
Any challenges done by the analyst against the QC will be reviewed again and if accepted QC is responsible for the particular case.
CTS (Cognizant Technology Solutions): 1 years 9 Months (From Jan 2014 to Oct 2015)
Process: Financial Services Analytics (FSA)
KYC Analyst: from Jan 2014 to Jan 2015
Investors Banking Process which manages the KYC documentation work which help to Conduct Ongoing Monitoring to maintain and update customer Information and to identify Analyst and report suspicious transactions.
Responsibilities:
Practicing the periodic review of the clients as per the policies of KYC.
Identifying& Verifying the Identity of the customers
Identifying& Verifying the Beneficial owners of Legal Entities (i.e. LLC, INC, Formal Organizations
Partnerships, NGO, Government, Attorney, Sole proprietor)
Performing the client due diligence through risk based approach.
Understand the Nature and Purpose of customer relationships.
Complete analysis of transactional information to identity risk, trends and Potential wary activity.
If any discrepancy retrieve to the branch and suggest the branch to resolve
Risk Analyst: From Feb 2014 to Oct 2015
This process manages the Risk and Compliance activities and internal audit/testing of GE Commercial Finance (Equipment, Commercial & Health Care etc.). Under Internal Audits/Testing and Control in Compliance to various GE, State, Local and Federal policies pertaining to lease/loan funding is monitored. Any inconsistency found is reported to the client to help them mitigate the risk effectively.
Responsibilities:
Handling multiple processes i.e. Rebooks, Post booking and Funding, and Mini Audits.
Verify the invoice and Purchase order, agreement detail though Siebel.
The deals are then classified as Defects and No Defects, where deals identified as Defects are sent back to client for further clarification.
GE pre-auditors will analyze the risk segments for lease & loan accounts while funding the loan amount,
hence reducing the overall risk associated with the deal.
Preparing Process SOPs and updating the same as per business need.
Sampling the scrubbed data to obtain final sample that represents the total population.
Obtaining the sample from the large data using statistical Calculator & preparing upload templates on Daily, weekly and Monthly Basis based upon the process.
Preparing the dashboard for monthly basis and send it to clients once confirm from the business then we publish the dashboard.
To prepare Summarize report for the monthly basis for the better understanding of the business.
Master of business administration, specialist in Banking & Finance
B. Com in finance