Saravana Devaraj

ABU DHABI ISLAMIC BANK, Abu Dhabi, United Arab Emirates

• Review and implement Customer Due Diligence(CDD) & Enhanced Due Diligence (EDD) standards.
• Develop strategies and identify scope of the matic and periodic reviews considering the evolving Compliance risks.
• Review account opening/know your customer (KYC) documentation and Customer Identification Program (CIP) documents, conduct quality assurance client due diligence factoring/CFT and sanctions risks, liaise with business units and vigilance and control team to ensure quality of KYC forms and documents.
• Customer Risk Assessment Methodology.
• Document on-boarding decisions for reviewed clients, provide advisory for sanctions matches referred by operations and business units and provide sign off for account opening for increased risk and Politically Exposed Persons(PEP) (Domestic & Foreign PEP) customers to ensure compliance with regulatory requirements.
• Conduct risk assessments on reviewed clients, issue advisory/take decisions on new to bank account opening requests, make decisions on the risk assessment (High, Medium, Low & Prohibited) of existing relationships to ensure compliance with regulatory requirements.

Revolut Fintech :

• Monitoring wire activity for suspicious transactions relating to money laundering & fraud case.
• Evaluating transaction & customer relationships for money laundering and identifying red flags.
• Decision authority by deciding SAR/No SAR after investigating possible suspicious financial activity. Preparing suspicious activity report (SAR) in compliance with established regulatory guidelines and timeframe to be reported to NCA (National Crime Agency), FNTT (Financial Crime Investigation Service-Finansiniu nusikaltimu tyrimo tarnyba) and MCB (Metropolitan Commercial Bank).
• Preparing supporting documentation for specific SAR case request by various Law enforcement (not limited to NCA, UK police).
• The supporting documentation includes Data protection act request, Financial ombudsman case report.
• Prepared a detailed narrative report on effective methods of investigation.
• Effectively utilized investigative commercial database like RDC and public database for extensive investigation.
• Providing regular update to Various law enforcement for the specific request (Account monitoring order).
• Training and supervising the new team member.
• Monitoring and responding to internal channel request.
• Actively participating the volunteering task.

Bank of Ireland :

• Complete KYC on boarding for new and existing customer by reviewing customer documentation, vendor databases, and data entered into proprietary systems.
• Perform independent check of KYC information provided by RM.
• Doing a Compliance Due Diligence for various Organizations like Financial Institutions, Government, Private Ltd, Public Ltd, Corporate and retail account.
• Various Kinds of Checks like World Checks, Lexis Nexis.
• Minimized exposure to potential threats by helping managers and supervisors focus on due diligence, applicable compliance measures and AML (Anti Money Laundering) & KYC (Know Your Customer) processes such as ensuring all clients complied with the Local Regulatory.
• To Drill Down the complete Direct and Indirect Shareholders for all the Customer and Due Diligence checks will perform.
• Due Diligence Checks done for all the Senior Management and Board of Directors and identify of Registry, Regulation, Proof of Listing, nature of business etc., for the organizations.
• Risk assessing for all Low, Medium & High-risk customers.
• Ensure that information obtained is consistent with AML Policy and Procedures and satisfies regulatory requirements.
• Perform periodic check on risk based schedule.
• Ensure team SLA's are met.