Transaction Monitoring Data Analysis

Akram Jan Salam Total ** years’ experience in Banking Domain

11+ years’ expertise in Compliance - AML

Mobile No : +919********* 1+ years’ overseas (U.A.E) experience in AML E-mail ID : *************@*****.*** Certified AML Investigator (CAMI) Residence : Bangalore, Karnataka

Proficiency Forte

Overall 17 years of experience with Graduation in B.Com. Over 11 years’ experience in AML Domain in area specific to Customer Name Screening, AML Transaction Monitoring & Regulatory reporting.

Currently responsible for smooth functioning of AML system/unit of the bank and Projects Implementations, Regulatory correspondences & Data Analysis.

Expertise in AML-TM, FIU-IND reporting’s & Implementing system solutions for Transaction Monitoring and Watch List screening scenarios recommended by regulator.

Strong abilities in analytical thinking, problem solving, research, time management and verbal & written communication.

Successfully handled a team and nurtured to be thorough AML professionals. Professional Experience

UJJIVAN Small Finance Bank

Manager (Apr 2022 – To Date)

Key Deliverables

Management and Implementation of the new AML system and other related projects.

Co-ordinate with Key Stakeholders & Vendors to implement projects & resolve issues.

Develop & Implement applicable IBA/FIU recommended AML TM/WL scenarios in the system.

Ensure smooth functioning of AML system and handhold the team on reporting STRs. Job Role and Responsibilities

Ensuring smooth functioning of AML system, timely alert generation, workflow management and reporting module management.

Co-ordinate with Key Stakeholders & Vendors to implement the projects related to AML, which arose during the course of the year.

Co-ordinate and manage internal, external audits and regulatory inspections.

Perform various analytics to understand the ML/TF risk & vulnerability, adequacy of mitigation measures.

Drive AML compliance requirements across the country in co-ordination with various stakeholders with adherence to regulatory guidelines, policies and procedures.

Regular connect with branches and drive the AML training to branches and business units.

Responsible to address all queries received from regulators/LEA and take appropriate action.

Assist in formulating/reviewing/modifying the scenarios/threshold in the screening application to ensure the scenarios are up to date and the bank is covered from the ML / TF risk & vulnerabilities.

Assist Management in annual review of policies and processes. Highlight potential gaps in systems / Processes.

Nurturing & motivating the team to be thorough AML professionals.

Rolling out Training initiative in various formats/delivery channels on AML matters.

Responsible to ensure AML unit adherence to regulatory guidelines, policies and procedures. JANA Small Finance Bank

Senior Manager (May 2018 – Apr 2022)

Key Deliverables

Co-ordinate with IT / Vendor to get required business results in AML system.

Develop & Implement applicable IBA/FIU recommended AML TM/WL scenarios in the system.

Monitor BAU activities of AML unit and ensure TAT is met as per the defined policy & process.

Perform QA on AML alerts disposed by the team and provide appropriate feedback on quality.

Being SME, assist team on solving day-to-day queries and provide guidance to derive suspicious activity to file STR.

Job Role and Responsibilities

To oversee the day-to-day activities of the team & BAU.

SME for the team in Name Screening, Transaction Monitoring & Regulatory reporting deliverables.

Keeping an eye on the additional training requirements for the team based on the QA to achieve required results on BAU activities.

Responsible for preparation & presentation on Issues/Concerns on BAU, AML system to senior management.

Responsible for timely and efficient reporting of monthly & quarterly reports related to KYC/AML to regulators.

Address all money laundering related queries received from regulators, FIU / LEA / Other FIs and take appropriate action.

Spoc for all product & operation units to resolve AML related queries.

Assist AML Head in implementing Transaction Monitoring and Watch List screening for all Products & review process to ensure the ML / TF risks are addressed.

Assist AML Head in formulating/reviewing/modifying the scenarios/threshold in the screening application to ensure the scenarios are up to date and the bank is covered from the ML / TF risk. Abu Dhabi Islamic Bank (U.A.E)

AML Analyst (Jan 2016 – Apr 2017)

Key Deliverables

Implement Daily MIS on alerts for management, to review overview of alert status. Job Role and Responsibilities

Review and analyse AML alerts for any suspicious/unusual activity utilizing various internal systems, reports and external data sources.

Investigating/Closing and follow up with branches on AML alerts raised for suspicious cases.

Review of Manual Reports assigned for any suspicious/unusual activity and reporting.

Efficient and effective case management. (Quality of cases created, timely follow ups and quick decision making on receiving response).

Suggest implementable recommendations to enhance Compliance/AML process.

Identify process and control gaps and suggest ways to improve. Kotak Mahindra Bank

AML Analyst (Sep 2011 – Dec 2015)

Job Role and Responsibilities

Review and analyse AML alerts for any suspicious/unusual activity utilizing various internal systems, reports and external data sources.

Perform second level review of Transaction Monitoring cases completed by junior analysts.

Assist in training of junior team members on Transaction Monitoring activities.

Resolve issues/errors relate to AML system and document the same to the management. JPMorgan Chase India Pvt. Ltd.

Operations Analyst & Reconciliation Specialist (Jun 2007 – Sep 2011) Job Role and Responsibilities

• Reconciliations of Teller Over/Short outages in accordance with standards policies and procedures.

• Communicate with clearing partners to facilitate resolution of outstanding items.

• Being SME assist team on queries & conduct refresher trainings for the team.

• Initiated MWI/JDI for the team thereby avoiding any errors happening and enhancing the productivity.

• Depot / Nostro Reconciliation (Reconciling Equities). Infosys BPO Ltd

Process Executive -Reconciliation on Equities (March 2006 – June 2007) Job Role and Responsibilities

• Being the Controls Analyst with the client, which is a major investment Bank of Switzerland, primary role is Depot / Nostro Reconciliation (Reconciling Equities).

• Sending work distribution of the team, to the client at the beginning of the day, which states who is responsible of which market.

• Reconciliation is done on market specific, and accredited on two major Markets (Zurich & France) and cross trained on AKV / DKV (German).

• Sending daily reports to the client which contains the time taken by each Analyst to clear his/her market & volumes of the market in segregation of risk & Non-risk breaks. Academic Credentials

Certified Anti Money Laundering Investigator (CAMI) from PonSun – 2020.

Graduation in Commerce (B. Com) from Bangalore University – 2005.

(AKRAM JAN SALAM)

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