Madhan Reddy

Background

About Madhan Reddy

Job Responsibilities-As a part of the AML/KYC/CFT leadership team, I will interact directly with clients to understand their short, medium, and long-term business goals. A portion of this function will involve comprehending and applying the KYC lifecycle. I possess the ability to supervise every step of the KYC procedure, encompassing the foundations, periodic refreshers, remediation, and KYC reviews-With an emphasis on the KYC lifecycle, AML, due diligence, client onboarding, periodic refresh, KYC review, and remediation, I have a good business understanding of the finance industry-I have complete knowledge about sanctioned nations, PEP reviews, negative alert reviews, ultimate beneficiary ownership, and the source of funds and revenue-I am able to manage clients and client calls on my own and position myself as a valuable partner-In order to prevent client escalation, I will be escalating the concerns to internal managers and clients in order to bring them to their attention quickly-I will be helping the knowledge management by sharing process knowledge and best practices within the teams-Performs initial and ongoing checks for EDD Reviews of the high and medium risk customers. • Conducts qualification reviews checks of high and moderate risk customers and determine the appropriate risk rating. • Ensures line of business is in compliance with applicable laws, rules, regulations and corporate policies related to EDD. •Promotes a strong culture of AML/ATF/OFAC controls. • Provide support to the Analysts and Managers to assist with the understanding of a Risk Based Approach. • Self-taught on various policies like NBFI’s, Corporations and Funds.