Siva Prasad Bailipudi

• Facilitated smooth running of branch operations by verifying consistent AML compliance with standard operating procedures.
• All operational and planning work related to branch performance & improvement.
• Responded completely and accurately to queries received from foreign and local correspondent banks/agents.
• Interaction with customers regarding products & services and get maximum number of sales in foreign remittance and Forex business.
• Conducted quality check reviews and files STR originating from various investigations units including correspondent banking, sanctions, fraud, and compliance.
• Responsible for monitoring overall branch performance, like (target v/s achievement, AML/CFT, staff allocation & productivity, Training staff, MIS reports, Income & Expenses, etc.).
• Develop and deliver product training, AML rules, policy, and procedures to branch staff.
• Initiated STR/SAR review process in line with Central Bank guidance policy.
• Identified and reported all possible SAR & STR concerns to higher management.
• Evaluated, developed, and implemented cash management systems to optimize efficiencies.

• Worked in partnership with all relevant stakeholders effectively within end-to-end ECDD and CDD process. Conduct checks as applicable and respond to checker queries/ other specialists/ Business CRM in timely manner.
• Creation of ECDD and CDD for new clients & reviews for existing clients and perform regulatory onboarding (e.g FATCA & CRS) activities and network onboarding processes.
• Provided training/coaching on Anti-Money Laundering procedures and systems for new hires
• Carried out business intelligence searches with respect to clients and matters, including client websites, Worldcheck, FACTIVA, Firco, and other appropriate databases.
• Track and record messages received via FIU GOAML message board which includes responses to submitted STR/SARs and any other queries which FIU may require.
• Identify processing risks or inefficiencies and implement appropriate and effective changes.
• Respond completely and accurately to queries received from foreign and local correspondent banks/agents.
• Identified and reported all possible SAR & STR concerns to higher management.
• Ensure all staff know circulars and announcements from head office and CBUAE.
• Recorded all valid KYC documents in document management system (DMS) for central access.
• Ensured company policies were implemented and adhered to logged complaints, open actions from internal compliance, and non-conformance from internal audits.
• Met stringent deadlines with precise prioritization and strong knowledge of compliance requirements.
• Coordinated compliance inspections and conducted internal audits to review potential issues.
• Assessed company SOPs and implemented processes for standardized reviews and updates.
• Assisted with compilation and review of risk assessments across scope of organizational standardized objectives.
• Documented systemic compliance problems and inappropriate business practices for official reporting.
• Compiled relevant legal and administrative documents relating to inspections.
• Prepared professional business correspondence to initiate or resolve regulatory actions and keep businesses informed.
• Visited business locations for planned assessments and investigations of reported violations.
• Promoted importance of proper regulatory knowledge throughout daily work.
• Collated documented evidence of corrective action implementation and effectiveness.

• Carry out the affairs of the branch in the absence of the BH within the powers duly delegated by the BH
• Monitored all transactions within AML rules, replying to all inquiries on time from the bank side as well as AMLback- office team.
• Track and make key recommendations on branch performance using Branch Profitability analysis for retailbranches across regions on various metrics including Financials, and Acquisitions.
• Partnership, execute and track key re-engineering initiativesin distribution strategy acrossmarkets
• Drive and track key initiatives including a network of future and branch network optimization.
• Supervised and monitored the cashier for funding thecash-to-Cash Processing Centre.
• Regular training and conducting knowledge tests on AML and internal controls
• Checked all High value and suspicious transactions with sufficient supporting documents and source of income etc.
• Reported to the Compliance department, in case of any suspicious transaction.

• Specialized & performed multi-currency fund transfers across the globe and Sale and purchase of foreign currencies and traveler's cheque encashment with monthly revenue of AED 100K.
• Processed High-value transactions both with cash and cheque.
• Before processing corporate transactions cross verify invoice and BOL whether any sanctioned country is involved.
• Deal with corporate customers & get the maximum profit out of the foreign currency exchange.
• Generated new corporate client leads and provided to the corporate sales team to make new customers.
• Handled and followed up on online & day-to-day customer inquiries
• Processed transactions with proper guidelines of local and International AML policies.