Ramesh Kennedy

Background

About Ramesh Kennedy

ICA Certified specialist in Anti Money Laundering, Fraud Risk Management, Vigilance, RCU, KYC, CDD, FRM, Fraud investigation, Monitoring, Reporting and Management, FMR, CPFIR and, Cybercrime Nodal Officer AML & KYC certification in IIBF. 18 plus years of Banking Operations experience including, AML, Fraud, Vigilance, RCU, KYC, Compliance & CDD, FRM, UPI,ECOM,POS,IMPS,ATM Transaction Monitoring, Monitoring and Managing Bank Fraud Insurance Claim and liaise with Surveyor, Broker And Insurance Company. Key Duties and Responsibilities: RCU, Fraud and Vigilance Fraud investigation at Head office of the bank. Preparing final investigation report along with the supporting evidence for fraud cases. Digital Fraud monitoring through fraud management application like ATM, POS, UPI, IMPS, NEFT, ECOM, AEPS and Fastag. Reporting bank fraud case to country regulator. Coordinate with legal team for police complaint and regulator, Bank loss ascertain, staff action recommendations, Insurance claim and finance team for provision of fraud loss. Perform quality assurance of transaction alerts completed by the AML analysts. Tasked with the preparation of suspicious transaction reports with subsequent escalation to the MLCO for reporting to the Financial Intelligence Authority (FIA). Tasked with the maintenance of a daily dashboard of daily alert closure statistics Review and resolution of Politically Exposed Persons (PEP), AML and sanctions detection alerts generated by the monitoring system. Politically Exposed Persons (PEP) matches and subsequent submission to the MLCO for obtaining approval from the Politically Exposed Persons (PEP) committee. Support the review of the respective business unit Regulatory Universes and Compliance Risk Management plans. Monitor in accordance with the approved monitoring plan, adherence to the Compliance Governance, legal and regulatory standards to identify further areas of improvement and detect significant compliance breaches and exposures. Assist and advise the Business Units (BUs) on the resolution of compliance audit/ monitoring issues. Analyse and identify compliance risks, processes & controls and provide advice to management. Attend and participate in appropriate committees, meetings, business processes and initiatives to ensure that any compliance requirements are appropriately considered. Monitor and report on training uptake of mandatory Compliance Training by Business Units supported. People Management. System usage: Fircosoft, Norkom, Mantas, OFSAA, Flex cube, FCCM, ECM.