CDD ANALYST
hsbc
Total years of experience :4 years, 7 Months
The role encompasses a number of tasks involving KYC analysis across multiple business lines and regulatory environment.
Review customer profiles to identify possible patterns of money laundering and terrorist financing activity, ensuring compliance with applicable internal policies and procedures and external regulations.
Conclude whether further investigation is warranted based on a reasonable assessment of information obtained;
Review, collect and transmit supporting details to the Financial Crime Compliance department upon conclusion of review.
Adhere strictly to compliance and operational risk controls in accordance with Company and regulatory standards, policies and practices; report control weaknesses, compliance breaches and operational loss events;
Follow appropriate escalation matrix and proactively highlight questionable profiles based on logical reasoning against text-book approach towards procedures;
Keep current with understanding of systems, policies, procedures and Uk regulations.
Provide a supporting role to on-shore business partners. Assist in reviewing alerts and provide support on all AML and KYC monitoring functions performed by Global CDD.
Promoted as a Quality Checker.
Streamlined the process solely with the introduction of intense checklist for quality team.
Screening performed to attain any negative news on the profile. (Tools used: World Check, Company Check(Uk), Passport verifiyer & Google check).
Operating as a strategic partner, we assist the business, implementing programs and products, mitigating risks and comply with state and federal regulations.
Understanding the state and Federal regulations related to Medicare/ Medicaid.
Auditing the business areas of finance, Medicare / Medicaid.
Evaluating the policies and procedures consequent to Desk Level Procedures in-order to certify CMS regulations for complaints and operational activities.
Design the report formats and develop reports according to the business need
Claims handling and investigations.
Risk Assessment and mitigation.
Damage assessment
Claims report and documentation
Policy interpretation.
Confidential records management.
Analyze claims to determine extent of company’s liability, make approval or denial decisions and negotiate settlements with claimants in accordance with policy provisions.