Sony Saji Abraham

Role: AML KYC (Know Your Client)

• Knowledge of Anti-Money Launderings laws and regulations.
• Perform KYC checks for periodic review clients adopted in Germany region as per the framework for effective prevention of Money Laundering and Terrorist Financing.
• Verifying and Approving Periodic Review clients through due diligence procedures including the review of KYC documentation, public record research and AML procedures.
• Liaise with Sales department & Business managers to ensure relevant KYC documentation is extracted and processed.
• Liaise with the AML and advisory compliance for escalations.
• Responsible for managing productivity, accuracy and timeliness as per benchmark requirement.
• Identify Red flags and control issues with respect to KYC/Client on boarding.
• Good understanding and worked on legal entity types: Regulated, Listed, Private and Funds.
• Develop and provide training relating to money laundering/financial crime prevention within deutsche bank and maintain accurate records of such.
• Maintain effective relationships with compliance, credit, senior management and other back & middle office areas.
• Ensure that risk control and compliance policies are adhered to operate with high levels of client satisfaction in relation to any on-queries/issues.
• Grant approvals upon fulfillment of documentation requirements.
• Ensuring all regulatory requirements are met and the integrity of relevant documentation.
• Conduct enhanced due diligence for high risk clients using PCR, Lexis/Nexis, RDC and other third party internet related searches

As part of the AML Team the main responsibility is for ensuring Compliance with Anti Money Laundering (AML) policy and ensuring adherence with Know Your Client / Client Due Diligence.
• Execute Due Diligence activity as per the defined process and guidelines for 10 APAC Region (10 RB Countries).
• Completion of risk assessment form (RAF) per client.
• Use of primary and secondary sources to obtain key client information
• Identification of required documents
• Retrieval of web based documentation
• Internal system searches for documentation
• Tracking of work in progress and document status
• Tracking and management of the various documents through the review life cycle.
• Resolving queries to have end to end resolution
• As a service provider, work closely with RDDM and other internal stakeholders to solve client issues, identify opportunities and deliver the services
• To ensure all reporting timelines are met as per agreed Turn Around Time (TAT) and Service Level Agreement (SLA)
• To suggest areas of improvement in their daily processing and escalate appropriately.
• Ensure activities are processed as per work instruction; escalate to the team leader in case of any deviations /clarifications.
• Develop action plan on repeat key performance indicators (KPI) missed to eliminate recurrence, ensure compliance to governance requirements.
• Ensure that compliance, and KYC procedures are strictly adhered.
• Respond to client queries both through calls and mails and manage escalations effectively.
• Responsible to contact RB for any pending documents
• Responsible to seek AML Advice from the respective Country CAAML
• Responsible to assist the Team Leader in AYIC Checks