Nirmala (CAMS)
Summary
Detail-oriented professional with more than 10 years in KYC AML/CTF policies. Strong analytical aptitude of customer due diligence processes and methodology to identify patterns and trends to communicate risks to management. Successfully managing multiple competing priorities and deadlines.
Familiar with MAS 626 and KYC AML/CTF regulations and performing reviews of client due diligence information on high net-worth individuals/ SMEs, Corporate and Financial Institutions.
Ability to multi task and coordinate with RMs to complete reviews and meet datelines in a timely manner; a good team player and able to work independently.
Overview
34
34
years of professional experience
Work History
Client Outreach
DEUTSCHE BANK
10.2018 - Current
- Completed more than 100 PRs/EDRs rules which met regulations and KYC requirements.
- Supported KYC processes for prospective and existing customers.
- Identified potential risks and red flags through comprehensive customer risk assessments, mitigating potential financial losses.
- Provided training to new team members on KYC procedures, resulting in increased productivity and effectiveness.
- Reduced risk of money laundering and terrorist financing by implementing robust KYC policies and procedures.
- Conducted regular reviews of existing client relationships, identifying opportunities for upselling or cross-selling services while maintaining compliance standards.
- Ensured compliance with regulatory requirements by conducting thorough customer due diligence checks.
- Established strong working relationships with stakeholders across departments to facilitate seamless communication during client onboarding activities.
- Conducted thorough reviews for high risk clients based on stratified risk level guidelines.
Compliance Officer
EMIRATES NATIONAL BANK OF DUBAI
03.2018 - 09.2018
- Maintained up-to-date knowledge of current and emerging compliance regulations.
- Responded to inquiries regarding compliance regulations and procedures.
- Developed and maintained compliance database, tracking all compliance activities and documents.
- Review client due diligence information for remediation project
- Completed remediation exercise for more than 200 clients, reviewing client's economic background, SOW & SOF
- Work closely with RMs for refreshed data and completion of reviews for HNW clients
Compliance Officer
EFG BANK
10.2017 - 01.2018
- Identified, investigated and documented compliance violations and recommended corrective measures.
- Review client due diligence information for client on-boarding purposes
- Performing searches during the onboarding process for HNW clients
- Remediation exercise to review the client's economic background, SOW & SOF
- Perform client on-boarding and Customer profile updates
- Ensure FATCA/CRS regulatory compliance
KYC PR Senior Analyst
WESTPAC BANKING CORPORATION
04.2017 - 09.2017
- Prioritize the periodic review of customers and prepare client-specific KYC-related analysis and complete Customer Due Diligence
- Demonstrate the ability to adapt timely and adequately to the Anti-Money Laundering (AML) policies, processes, system knowledge
- Engage and work with Business Units to assess documentation requirements for customers
- Interact with clients to obtain KYC and other compliance information and documentation
- Review and evaluate recent negative news related to clients. Have hands on experience on AML KYC tools such as WorldCheck and Negative News Searches
- Liaise with internal Compliance personnel on the application of KYC policy
Control Risk and KYC Analyst
STANDARD CHARTERED BANK
11.1990 - 03.2017
- Performed periodic reviews and reports on merchants to comply with rules, regulations and KYC requirements.
- Reviewed new prospect KYC documents to meet requirements and determine business model risk.
- Analyzed and investigated clients to conduct detailed customer due diligence and enhanced due diligence review.
- Supported KYC processes for prospective and existing customers.
- Performed quality assurance checks on completed customer files, ensuring accuracy and completeness before submission for review or approval.
- Offered internal support for audit, compliance and reporting activities.
Education
Banking & Finance
IBF
SINGAPORESkills
- Know Your Customer
- Anti-Money Laundering / CTF
- Enhanced Due Diligence
- Sanctions Screening
- AML Compliance
- Excel proficiency
- Microsoft Office
- Strong communication skills
- Meticulous with eye for details
- High risk account reviews, EDR and ESA
Languages
English
Bilingual or Proficient (C2)
Malay
Bilingual or Proficient (C2)
Hindi
Upper intermediate (B2)
Tamil
Upper intermediate (B2)
Timeline
Client Outreach
DEUTSCHE BANK
10.2018 - Current
Compliance Officer
EMIRATES NATIONAL BANK OF DUBAI
03.2018 - 09.2018
Compliance Officer
EFG BANK
10.2017 - 01.2018
KYC PR Senior Analyst
WESTPAC BANKING CORPORATION
04.2017 - 09.2017
Control Risk and KYC Analyst
STANDARD CHARTERED BANK
11.1990 - 03.2017
Banking & Finance
IBF
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