Data Entry Aml Analyst
Resume:
SONAM PATEL
Home: 647-***-****
adxmck@r.postjobfree.com
SUMMARY
·Over 4 years of experience working for large financial insinuations such as CIBC and Promontory financial group within their Capital Markets and Compliance Departments.
·Hands on experience conducting Sanction Screening and KYC On-Boarding, Refresh and Remediation Activities
·Investigation knowledge of working on customer alerted activity generated from the automated transaction monitoring system regarding SWIFT payments and messages (Sender, Receiver, Intermediary) to identify potential money-laundering or terrorist financing
·Strong understanding of industry common screening and transaction monitoring tools such as: SAS, Actimize, Oracle, World-check, Lexis Nexis, Fenergo,Refinitiv and others
·Experience managing alerts and navigating Investigation processes/programs in a Financial Intelligence Unit (FIU) environment
WORK EXPERIENCE
Senior KYC analyst (contract) SEPTEMBER 2022-Till now
RBC
Performing anti-financial crime checks as part of the RBC Onboarding process for corporate clients in compliance with relevant legislative, regulatory and internal requirements
Comprehensive CDD and EDD checks for corporate clients, including the KYC process, identification and analysis of complex ownership structures, financial statements and transaction patterns
CDD/EDD analysis across all types of legal entities and business sectors in a variety of jurisdictions with an emphasis on local clients
Direct contact with clients
Presentation of RBC's onboarding requirements to clients in a clear and compliant manner
Identification of red flags and exposure to financial crime risk, including escalation to Compliance and Senior Management where required
Making risk-based decisions to onboard or reject applications
Proactive follow-up with clients and sales representatives to ensure timely completion of onboarding analysis
Documenting client files in a structured format compliant with internal requirements
Identifying opportunities for improvement within the onboarding process
Assist in preparation and management of data and information required for internal and external audits
Support ad-hoc projects within the department and wider business as required
Validation of checks carried out by other members of the team
Support in training delivery
KYC Analyst November 2021- JULY 2022
Bank of Nova Scotia
Conducting daily reviews of as per Scotia Securities, Inc. Branch Compliance Officer (BCO) policies to monitor compliance with KYC suitability and other rules respecting sales practices by reviewing applications and Mutual Fund order forms for suitability and completeness, and reviewing other supporting documentation
Monitoring, assessing, and communicating regulatory changes and emerging compliance risks and trends to key partners and stakeholders
Recommending and monitoring action plans to correct incidents of non-compliance (and prevent their reoccurrence); weaknesses in policies, practices, procedures, systems and/or training
Extracting and verifying Client’s KYC details from the documents to approve the compliance audit
Analyzing the client’s financial data daily for auditing and reporting purposes using Excel, Intralinks, PEGA and Sales Builder.
Assisting manager with training of new staff, MS Excel data creation and reporting to management team and assigning cases to analysts and other stakeholders
AML Analyst
CIBC, Canada JUNE 2019 – OCTOBER 2021
Adhere to KYC requirements when completing documentation inclusive of customer identification program, client due diligence, enhanced due diligence, local due diligence, specialized due diligence and product due diligence requirements
Analyze and review the collection and verification of data of over 30 new and existing client accounts to ensure all KYC records are accurate and complete prior to a final review by the client-facing team
Engaged with sales, middle office and be part of KYC and AML interactions to complete the case as per the timeline and validate documentation
Performed due diligence on PEP and special persons of interest in addition to screening clients against sanction and negative media profiles
Perform enhanced due diligence activities such as open - source, negative media and/or name screening (World-Check, Lexis Nexis and other searching engines)
Reviewed alerts to determine if a true match to a suspect name will include, the results of periodic systematic accountholder screenings, real-time review of online transactions and the review of specific issues escalated from business units.
AML Sanction Screening Analyst
Promontory Financial Group, Canada March 2018 – APRIL 2019
Worked as a part of a commercial banking team as a KYC analyst to carry out compliance reviews for new account opening and existing client relationships, ensuring that all procedure and regulatory standards are adhere to as AML regulations.
Transaction screening of client and entities against OFAC, international sanctions programs, PEP and various internal lists in Firco soft.
Investigated of the wires which require an additional check before escalating by providing necessary information in decision making.
Prepare and sort documents for data entry.
Review discrepancies in data received.
EDUCATION
ACAMS Ongoing
Post graduate diploma with Specialization in Finance
Canadore college, Toronto,Canada 2017
Bachelor degree of Commerce (Accounting)
Calcutta University, West Bengal, India 2012
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