Efraim Amrad

Background

About Efraim Amrad

Handle transaction monitoring alerts and cases for Wholesale Banking clients in Asia (Singapore, Malaysia, Taiwan, Hong Kong, Philippines, China, Japan and South Korea) • Daily review of AML Transaction Monitoring alerts and cases created in the AML transaction Monitor System (FCRM). In-depth expert analysis, review and investigation of unusual transactions, suspicions or system-generated alerts as highlighted through internal systems, reports, staff, regulators or market intelligence • Draft a structured narrative outlining in detail the account activity and highlighted transactions in order to mitigate any potential money laundering risks • Conduct enhanced due diligence on involved counter-parties and reach out to Relationship Managers as required and accurately document rationale for case closure or escalation as appropriate • Analyze customer's KYC information/ key evidences and compare against a defined internal and external watchlist and provide a disposition to either close as a false positive, and escalate any potential or exact hits • Refer and escalate matches accordingly as stipulated in the working instruction to originating business unit and relevant compliance department • Review of Politically Exposed Persons depending on position and jurisdictions to provide the appropriate risk mitigation