Shain  Premarajan  CAMS  Mcom, AML Compliance Officer

Shain Premarajan CAMS Mcom

AML Compliance Officer

GCC Exchange UK Ltd ( GCC Remit)

Location
United Arab Emirates - Dubai
Education
Master's degree, AML, CFT , KYC
Experience
20 years, 8 Months

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Work Experience

Total years of experience :20 years, 8 Months

AML Compliance Officer at GCC Exchange UK Ltd ( GCC Remit)
  • United Arab Emirates - Dubai
  • My current job since August 2022

Transactions monitoring and investigate the matches against sanctions, PEPS, adverse media and
internal lists.
Conduct Enhanced due diligence during on-boarding of Banks, Exchange Houses and various types of remittance or payment companies.
Collect and verify the supporting documents related to transactions from different agents for releasing the transactions.
Keep the AML related training records with in the company, conduct training for staff.
Respond to post screening enquiries from counter parties or correspondent banks.
Provide the necessary documents / details to correspondent agents as per the annual / half year review requirement.
Support enhancements emanating from any changes and updates to policies and process of the regulators
/supervisors related to KYC .
Support automation initiatives and timely implementation of new and enhanced policies, procedures and transaction monitoring rules as per the regulator / Company requirement.
Cross check the defectiveness of the monitoring rules.
Work closely with operations / business team, for common goals without compromising AML Polices
of the company and Regulator requirements.

Branch in Charge and Compliance officer at UAE EXCHANGE CENTER LLC
  • United Arab Emirates - Sharjah
  • My current job since March 2014

Branch operational responsibilities. Queries handling. Ensure UAE
Central Bank regulations and AML & CFT policies and procedures are
effectively implemented at branch. Mitigate operational risks. Plan
and conduct periodic staff meetings, in-house trainings and post
training evaluations.

BRANCH COMPLIANCE OFFICER at UAE EXCHANGE CENTER LLC
  • United Arab Emirates
  • February 2009 to March 2014

Report any unusual/ structured/ blacklisted/ suspicious transactions to
the AML Compliance Department. Educating the branch staff on AML
& CTF policies and procedures. Performing extensive, due diligence for
higher risk amounts/customers .monitoring for suspicious activities.
Monitoring of high value transactions, receive money transactions and
customer registrations forms. Conduct regular corporate visits among
corporate customers. Safe keeping of the relevant AML Compliance,
KYC and transaction documents in the Branch.

Internal Auditor at Sushil Associates
  • India - Thrissur
  • September 2003 to February 2009

Analyze financial transactions to determine accuracy, completeness.
Record financial transaction and reconcile accounts.

Education

Master's degree, AML, CFT , KYC
  • at ACAMS
  • April 2020

Risks and Methods of Money Laundering and Terrorist Financing International AML/CFT Standards Anti-Money Laundering/Counter-Terrorist Financing Compliance Programs Conducting and Responding to Investigations

High school or equivalent,
  • at Calicut University
  • August 2003

courses: ACAMS 09-02-2020 to 09.02.2023 CAMS (Certified Anti- Money Laundering Specialist.)

Specialties & Skills

Remittances
Compliance
DUE DILIGENCE
FINANCIAL
MEETING FACILITATION
MICROSOFT MONEY
STRUCTURED METHODS

Languages

English
Expert
Arabic
Intermediate
Hindi
Expert
Malayalam
Native Speaker

Memberships

Association of Certified Anti Money Laundering Specialist
  • Member
  • February 2019

Training and Certifications

Certified Anti Money Laundering Specialists (Certificate)
Date Attended:
February 2020
Valid Until:
February 2023

Hobbies

  • Creative Writing