SARAVANAN S/O JAIRAM
Singapore
Summary
Experienced and analytical compliance officer with over 5 years of experience. Efficient in analyzing data, patterns in relation to the data and using them to obtain appropriate information that would assist in creating procedures and policies that will facilitate the work process. Keen eye for details as well as a strong commitment to efficiency and adept in working in high pressure environments. Demonstrates excellent decision making and teamwork skills.
Overview
10
10
years of professional experience
1
1
Certification
Work History
Financial Crime Prevention Officer
UBS Singapore
10.2022 - Current
- Perform investigation reports on clients escalated by various stakeholders of the bank where concern is observed.
- Reporting on suspicious transactions/accounts via a written-up report for Suspicious Transaction Reporting submitted via SONAR platform
- Being the checker in a maker-checker process of quality checking on ad hoc/BAU duties performed by the team
- Analyzing relevant customer's account activity and establishing a conclusion as well as a recommendation based on findings
- Implement and follow up on risk mitigating controls on accounts along with relationship management decided together with business teams
- To carry out pre-transaction trade reviews as part of the sanctions advisory team
- To analyze the risk (AML risk, sanctions risks etc) present in escalated transactions and determine if transactions can be processed
- Carrying out ad hoc duties such as collating statistics for the data team to improvise the AML system thresholds and providing training to AML team and business units on STR reviews and AML/CFT expertise
- Involved in the UBS-CS merger to align the risk assigned to clients where relationship observed in both banks.
- Enhanced community safety by implementing crime prevention strategies.
- Collaborated with local authorities for effective crime deterrence programs.
- Developed comprehensive plans for preventing crime in targeted areas.
- Analyzed crime data to identify trends and implement proactive measures.
Compliance Officer
RHB Bank Singapore
01.2019 - 08.2022
- Perform transaction monitoring reviews & investigation papers on customers with transactions alerted by AML system or accounts that are escalated by TM team, Business Units, relevant Authorities or correspondent banks
- Reporting on suspicious transactions/accounts via a written-up report for Suspicious Transaction Reporting submitted via SONAR platform
- Being the checker in a maker-checker process of quality checking transaction monitoring reviews done by the team
- Analyzing relevant customer's account activity and establishing a conclusion as well as a recommendation based on findings
- Implement and follow up on risk mitigating controls on accounts
- To carry out pre-transaction trade reviews as part of the sanctions advisory team
- To analyze the risk (AML risk, sanctions risks etc) present in escalated transactions and determine if transactions can be processed
- Carrying out ad hoc duties such as collating statistics for the data team to improvise the AML system thresholds and providing training to AML team and business units on STR reviews and AML/CFT expertise
Call Centre Officer
Singtel
01.2015 - 12.2015
- Company Overview: Telecommunications
- Assisting business customers over the phone
- Understand customer's issues and be able to rectify them in the simplest and fastest way possible
- Liaise and coordinate with with other teams in unique issues encountered by customer
- Schedule appointment for customer for house visit when needed
- Performing administrative duties and any other duties as assigned
- Telecommunications
Education
Bachelors - Banking and Finance
University of London
01.2018
Diploma - Hospitality and Tourism Management
Temasek Polytechnic
01.2012
O Levels -
Saint Joseph's Institution
01.2008
Skills
- Critical/Analytical Thinking under pressure
- Leadership skills - Able to lead a team to efficiently and effectively complete the required goals and as well searching for ways to improve the system Able to establish an effective procedure and policy for the team to follow while also considering and implementing appropriate ideas provided by the team
- Disciplined in achieving the goals within the stipulated timelines and able to plan ahead on the methods to do so along with an alternative form of action
- Project Management Skills
- Communication Skills
- Adept at Microsoft Excel (Pivot table & VLOOKUP)
- AML systems (Norkom, BAE)
- ICBA(Integrated Computerised Banking System)
- World Check Database
Certification
2021, Advanced Certificate in Regulatory Compliance, International Compliance Association
Accomplishments
- Did a presentation on RUSSIAN entities/individuals who has accounts with the bank and how money laundering was much prevalent in Russia. Presentation was done to Group compliance from KL. Initially, Russia was tagged as low risk. Due to the presentation, Group compliance had agreed to revise the risk rating of all Russian related individuals/entities to high risk. This affects all team, units and stakeholders.
- Assisted in collating statistics and data involving TM alerts that were used in tuning for TM threshold.
Timeline
Financial Crime Prevention Officer
UBS Singapore
10.2022 - Current
Compliance Officer
RHB Bank Singapore
01.2019 - 08.2022
Call Centre Officer
Singtel
01.2015 - 12.2015
Diploma - Hospitality and Tourism Management
Temasek Polytechnic
O Levels -
Saint Joseph's Institution
Bachelors - Banking and Finance
University of London
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