Compliance Trainer
Accenture Solutions Private Limited
Total years of experience :6 years, 7 Months
Assess relevant training needs for individuals and organization, in consultation with departmental heads, including assessment methods and measurement systems available.
Conduct training for new hires and recurrent training for employees in the areas of customer orientation, new products or processes, systems or tools used, etc.
Plan and deliver training courses personally where necessary to augment that provided externally or internally by others.
Experience in Handling team, supervision, coaching, reporting, and leadership.
Monitor, measure and report on employees’ training and development plans and achievements within agreed formats and timescales.
Stay informed as to relevant skill and qualifications levels required by employees for effective performance (Client and Internal requirements) and circulate requirements and relevant information to the organization / Leadership as appropriate.
Design training courses and programs necessary to meet training needs.
o Ensure compliance of Anti money laundering (AML), Customer due diligence policies and procedures in accordance with Group and Local Regulatory guidelines. o Adhere strictly to compliance and operational risk controls in accordance with the bank and a regulatory requirement, internal policies and practices escalating discrepancies.
o Carry out KYC /AML reviews on customer files by gathering information gained either from the public domain and/or from client and customer. o Monitoring of customer transactions and identifying suspicious behavior to provide complete picture of customer activity.
o Respond to requests for information regarding appropriate KYC documents by conducting the necessary due diligence review for Low/Medium/High risk customers.
o Proactively manage own work allocation and meet daily, monthly productivity and quality target.
o Proven analytical skills required to organize and analyze multiple, complex data sets as well as strong interpersonal and organizational skills.
o Checking and reviewing KYC due diligence profiles on a wide range of entity types of Sanctions, PEP, adverse media scrutiny on client.
o Perform second level review of the documents checked by the first level analyst. Guiding the first level analyst in their review and checking of KYC and transaction documents.
o Working knowledge of various internal and external tools. o Knowledge of various detection scenarios.
o Strong documentation skills to clearly articulating risk assessments and mitigating controls using Risk Based Approach
o Exceptional research and analytical skills with the ability to analyze large amounts of data decipher higher risk attributes (transactional Geographical product entity type etc.)
o Conduct research that utilized internal and external public and private databases to compile a portfolio of information on funds transfer and or check instrument products/transactions.
o Responsible for identifying and researching patterns, trends, and anomalies in complex transactional and customer data to detect, prevent, mitigate and report suspicious activity related to money laundering, terrorist financing and structuring.
o Perform company research using various online platforms and publicly available information. o Familiarity with research tools such as Lexis Nexis, Online World Check, Docsafe, Factiva, Finacle, FCRM and Seibel CRM.
o Experience in working with Wallet Engagement, Cash Management, Cards Management, Digital Payments, swift Payments, IBAN Payments, Global Banking.
o Handled end-to-end transaction monitoring process.
o Implemented sound knowledge of Anti Money Laundering norms. o Monitored Correspondent Banking Risk.
o Knowledge of Financial Crime Compliance.
o Reviewed entities and individuals in public domain.
o Used Lexis Nexis and other tools like internal tool etc.
o Analyzed fund flow and profile of entities/individuals thoroughly to check for suspicious activities or patterns.
o Possessed holistic understanding of banking system and the financial ecosystem.
o Analyze Client data, documentation, and negative news to determine Client Risk Profile as established under the KYC Procedures.
o Requesting RFI Documents, Analyzing and validating the documents.
o Reaching out the client for missing information to complete the KYC Profile of Individuals. Collecting the SOW documents and validating as per Bank Policy and procedures.
o Creating RFI Letters for Missing information.
o Screening on Individuals and try to discount the hits on PEP, Adverse media check etc and Seeking advice from AFC to discount the hit and for EDD Review.
o Identify patterns of suspicious transaction amount highlighting to team leader for further investigation process. o Escalating potentially suspicious transactions and multiple transactions to team leader. Identifying the debit and credit transaction values and highlighting it in the customer statement.
o Conduct Root cause analysis on small and large dataset to reduce the quality errors. Trained and mentored set of associates and tracked Quality and metric performance.
o Conducted Deep dives on Top defects drivers RC and mentored team in reduction of Quality Errors.
o Extensively working and supporting o Supporting multiple different Ad-hoc tasks.