Shaik Saida Babu

Monitoring and Reporting of accounts to the respective teams where accounts are suspicious and fraudulent. 
Investigation of fraud and suspicious accounts end to end.
Daily assessment of SWIFT and RTGS reports to check the transaction matching with the profile of customer.
Identify accounts (retail) involved in suspected Fraud / AML transactions ,The purpose of this activity is to enhance the precision level of the existing Credit Turnover trigger.
Analysis of accounts where account turnover is high in UCIC level with Triggers in accounts  which satisfies the different  thresholds in total turnover.
Caution letters to the accounts with Frequent Cheque rejections in different thresholds.
Assist with addressing queries from branch relating to compliance.
Ensure timely closure of accounts which are recommended for closure by internal teams and timely reporting of STR’s which are recommended for STR to be filed.
Determine which clients are most at risk risk of executing financial crimes and which ones do not need to be monitored so closely using   KYC remediation 
Define the demographics affected by lines of business and geographies
Outline the prevalent gaps in data collection during onboarding and within the customer due diligence process
Develop the remediation process and client reach-out strategy for missing information
 Collaborate with the bank in defining the future state of the customer due diligence process

KYC remediation .
Validating the governing documents of the customers depending on the class code of the account.
Assign the powers and limitations according to the governing documents to prevent money laundering .
Validating the KYC documents with all the needful information  provided in order to prevent fraud transactions and to prevent money laundering . 
Verification of Tickets raised by reviewers for assigning powers and limitations based upon  the documents
On Boarding New to the bank customers 
Validating the OVD  ( Officially valid documents ) 

Monitoring and Reporting of accounts to the respective teams where accounts are suspicious and fraudulent. 
Investigation of fraud and suspicious accounts end to end.
Daily assessment of SWIFT and RTGS reports to check the transaction matching with the profile of customer.
Identify accounts (retail) involved in suspected Fraud / AML transactions ,The purpose of this activity is to enhance the precision level of the existing Credit Turnover trigger.
Analysis of accounts where account turnover is high in UCIC level with Triggers in accounts  which satisfies the different  thresholds in total turnover.
Caution letters to the accounts with Frequent Cheque rejections in different thresholds.
Assist with addressing queries from branch relating to compliance.
Ensure timely closure of accounts which are recommended for closure by internal teams and timely reporting of STR’s which are recommended for STR to be filed.
Determine which clients are most at risk risk of executing financial crimes and which ones do not need to be monitored so closely using   KYC remediation 
Define the demographics affected by lines of business and geographies
Outline the prevalent gaps in data collection during onboarding and within the customer due diligence process
Develop the remediation process and client reach-out strategy for missing information
 Collaborate with the bank in defining the future state of the customer due diligence process

Identification of transaction pattern to indicate suspicious accounts.
Verifying all aspects of customer identification procedure CIP as per KYC.
Performing risk assessment Customer due Diligence Enhance Due Diligence and desktop due Diligence.
Collecting and sharing the required data to central officials of fraudulent accounts.  .
Generating alerts as per Red Flags and assigning to Branches.