Mohd Zaheeruddin

Background

About Mohd Zaheeruddin

Process#1: AML/KYC Role/Responsibility: Ensuring to fulfill AML KYC corporate and country local due diligence requirement, regulator guidelines (United States-Securities and Exchange Commission, United Kingdom-Financial Conduct Authority) also OFAC guidelines. Extract client report from various financial regulator of country like Securities and Exchange Commission (SEC), Financial conduct authority (FCA), Monetary Authority of Singapore (MAS) Draft Request for information (RFI) based on type of client and risk (Low, Medium, High). Prepare KYC Due Diligence profiles on a wide range of entity types (Trusts, LLC's, Partnerships, NBFI, Corporations and Organizations). Conducting KYC analysis for low/medium/high risk clients from AMER region. Collecting documentation/relevant information using appropriate research tools and external data sources, Such as Dun & Bradstreet, Lexis-Nexis, company registries, regulator's websites Draft AML summary of the client based on research and finding. Liaised with front office, business sponsor and operations as part of the KYC process. Being a part of the client review team, Co-ordinate with different LOB and GFCC. Process#2: AML (Transaction monitoring): Role/Responsibility: Create historical transactional account activity report for correspondent banking client’s and High Risk PEP clients. To determine whether the client behaves and transact in a manner consists with the due diligence information collected including the clients stated expected activity. Review of account activity to gain insight on volume and value trends by transaction type, payment originators/beneficiary and existence of nested activity. Deep-dive into the correspondent bank client’s top transaction & their counterparty to identify any unusual high risk patterns of activity. Internal and external system, database (Google, Customer Assist, Lexis-Nexis) used to search, screen the client. Consolidate account activity report into PDF format to submit.