Compliance Executive
Sharaf Exchange
Total years of experience :14 years, 4 Months
To work proactively with business unit to monitor and set appropriate policies and procedures to ensure regulatory and internal compliance policies.
To conduct periodic monitoring of transactions based on predefined AML rules to ensure the internal policies and procedures are being in compliance with the regulatory requirements as well as correspondent’s requirements.
To prepare and report Suspicious Transactions based on the monitoring to the Central Bank of The U.A.E
To assist the manager in setting up of policies, procedures and process based on regulatory compliance requirements domestically and international standards
To prepare training materials and deliver training to all staff on the internal policies and procedures on Anti-Money Laundering, Counter Terrorism Financing, Suspicious Transactions, Sanctions etc…
To conduct Customer Screening against sanction lists includes but not limited to OFAC, UN, EU, Central Bank etc… Transaction screening and AML Monitoring.
Responding to all regulatory requests to review and provide relevant information (e.g. customer, transaction, policy, procedure, training, compliance monitoring and process details) or cooperation in a timely manner.
To respond to the compliance queries received from compliance queries received from correspondents and the regulators
To prepare and upload Central Bank reports including Daily Remittances, Monthly Returns (RTS-1) to Integrated Regulatory Returns system.
To assess the level of AML Compliance of the branch/Business Unit with regulatory requirements and predefined Standard Operating Procedure.
To identify compliance breaches and assess branch related compliance risks and assist manager to set controls.
Review Customer KYC and Corporate Client on-boarding documents on a random basis.
Follow-up on the issues identified to ensure Management takes the necessary steps to address or mitigate the risks.
To help the manager in corporate client on-boarding after reviewing the documents, KYC profile, and ID documents, conducting World Check and open source searches. Compiling background information and submit for the final approval from the manager.
Assist in the submission of all FPEP accounts for senior management approval. Maintain a database for all High Risk accounts opened and PEP register for FPEPs.
Follow up with the Business Team on document requirements
To conduct Enhance Customer Due Diligence on High Risk Accounts
To maintain corporate customer documents and profile updating
Custodian of company’s legal documents and take care of the Central Bank license renewals.
To assist manager in new projects and correspondent on boarding
To facilitate correspondent banks and others with their compliance documentary requirements (The Wolfsburg Group AML Questionnaire, and other legal documents).
To ensure and maintain proper Know Your Agent documents of Western Union Sub Agents
Working an Associate in Engagement Services for Various Clients (Caterpillar, IBM etc…)
Perform a thorough self-review of all works before submitting it to review
Develop a basic Knowledge of process work-streams
Assist senior associate in managing client projects
Communicate progress and the project status to the team leads.
Delivering work by consistently applying designated methodology, processes, standards, and technology tools.
Meeting all assigned project commitments on time.
Actively participating in and contributing to team discussions.
Adhere to practice protocol and other internal processes consistently
Consistently following EY Values, code and independence policies
Presenting data and information in a simple, fully expressed manner
Ensuring highest quality possible on all assigned work.
Working as Transaction Processing Officer for Clients (TD Ameritrade, one of the leading Brokerage firm in the United States of America)
Responsible for Mutual Fund Transaction (Transfer IN, Transfer OUT, ACAT Out Rejects)
Leading a Team of 9 in the Pilot Project
Ensuring High Quality in each transactions
Ensure that the transactions are completed on time as the transactions are based on US Stock exchange’s fluctuations
Working as a PPOC (Primary Point of Contact) with the Client in United States in Operational Matter.
Reporting daily reviews and reports to the management
Actively participating in and contributing to team discussions.
To train the Newly Hired employee in the operational aspects
Accountant (April 2009-Dec 2009)
Kerala, India
Responsibilities Include:
• Verifying the accuracy of invoices and other accounting documents or records.
• Update and maintain accounting journals, ledgers and other records detailing financial business transactions.
• Compile data and prepare a variety of reports.
• Enters Data into computer system using defined computer programs.
• Day to day reconciliation.
Bachelor of Commerce • University of Calicut, Kerala, India - March 2009