Nirmal V S

Associate Analyst at EY, Kochi

• India
• January 2020 to January 2023

Performed due diligence on new clients, by requesting KYC information, documentation review, and verification of received documentation and making an analytical risk assessment for new clients.
• Investigate high risk clients reporting where necessary, including Politically Exposed Persons (PEP), and obtaining all necessary documentation to complete the client file as per EU AML regulations.
• Coordination and collection of client specific information through Identification Program (Gather and verify client information), verify and analyse source of wealth or source of fund of the client.
• Review documentation to prevent fraud, money laundering, and identity theft losses.
• Performing Screenings and Sanctions check for the Client, Directors, Legal representatives and UBOs with the available tools and completion of documentation to assist in the on boarding of new clients.
• Performing ongoing customer due diligence including maintenance and updating of AML and KYC records and information for existing clients.
• Identify and escalate any suspicious or unusual matters to AML & Line of Business Compliance for further investigation.
• Prepare client on-boarding and on-going CDD files.
• Promote and sustain strong engagement and mutually beneficial relationships with key internal business stakeholders.
• Red flagging of any positive hits to Legal Team.
• Liaise with internal and external clients ensuring compliance.