Taslima Qureshi

• Designing an appropriate AML/CFT compliance program to remain compliant with applicable AML/CFT Laws, Regulations, Notices, the Standards and international best practice at all times.
• Establish and maintain appropriate AML/CFT policies, procedures, processes and controls.
• Ensure day-to-day compliance of the business against internal AML/CFT policies and procedures.
• Act as the key contact point regarding all AML/CFT related matters/ queries from the Central Bank and any other competent authorities.
• Receive suspicious transaction alerts from employees and analyze them to take appropriate decisions to report all suspicious cases to the FIU.
• On-going monitoring of transactions to identify high-risk, unusual and suspicious customers/transactions.
• Submit Suspicious Transaction Reports to the FIU in a timely manner.
• Cooperate with and provide the FIU with all information it requires for fulfilling their obligations.
• Develop and execute AML/CFT training programs considering all relevant risks of ML/FT and financing illicit organizations including the ways/means for addressing them.
• Preparing necessary reports to Head of Compliance on all AML/CFT issues, on a quarterly basis at a minimum.
• Arrange to retain all necessary supporting documents for transactions, KYC, monitoring, suspicious transaction reporting and AML training for the minimum period for record retention as per the Regulations.
• Conduct regular gap analysis between the AML/CFT Procedures and current Laws, Regulations, Notices and the Standards of the UAE in order to determine the extent of compliance.
• Propose actions required to address gaps.
• Prepare Bi-Annual Compliance Reports in accordance with the Regulations.
• Working with first line of defence to carry out the role effectively, including providing support, where needed, on EDD investigations.
• Staying up to date/responding to consultations and guidance from local and regional FIUs and regulators and others.
• Reviewing and developing Relation with Local and foreign correspondent partners.
• Query handling of corresponding banks, agents and suppliers.

• Reviewing customers’ financial transactions to determine if there are any signs of money laundering or other illegal activity taking place.
• Investigating suspicious transactions for potential fraud or criminal activity
• Analyzing financial data to detect potential money laundering activities such as large cash deposits or wire transfers involving multiple countries
• Conducting training sessions on AML policies and procedures to employees who handle financial transactions or are involved in risk assessment activities
• Reporting suspicious activities to law enforcement agencies
• Maintaining an updated list of known or suspected criminals or terrorist organizations involved in money laundering activities
• Preparing reports detailing findings from investigations and their recommendations for action
• Monitoring new trends in financial crimes to identify new methods of money laundering
• Recommending changes to AML procedures to increase effectiveness of compliance programs and detect criminal activity more quickly
• Investigating information provided by banks, businesses, or other entities regarding possible violations of anti-money laundering laws

Achievements:
 Promoted as Senior Compliance Officer with in 1 year.
 Successfully provided AML training to all branches.

• To analyse and process all SME cases received at credit department within policy parameters and credit considerations as well as to ensure proper authority compliance as per the approvd delegated matrix.
• Analyzing and processing cases based on overall consideration of customer’s profile and in compliance with bank policy and procedure.
• Meeting the targeted productivity levels and to ensure adherence to service level agreement and turnaround time. (TAT).
• Reducing Risk and increasing quality of analysis.
• Credit assessment of loan proposals- conducting Personal Discussion with the client, resolving financial queries, facilitating the legal/technical evaluation of the property, third party verification checks and finally checking of loan disbursal kit.

• File login and query handling.
• Compiling and understanding verifications by different verticals like field verification, CIBIL Reports, Tele verification, Legal report and Technical valuations.
• Financial underwriting including- Banking analysis, Ratio Analysis, Repayment history.
• Personal discussion with Clients, preposition of proposal for final decision and disbursement.
• Disbursement including system entry and data compilation.