Prasanth P

Wealth CDD

Responsibilities: -

• Undertake Quality Assurance for Onboarding CDD for all new and existing personal and corporate customers.
• Providing feedbacks to Colleagues to improve their quality in CDD process.
• Perform root cause analysis to identify the quality issues and conduct regular training session to educate the team.
• Perform regular procedure review to identify any policy or procedure changes and conduct weekly or monthly training sessions to create awareness
• Support team in Performing Fresh review, Trigger Event review, Counterparty review, High Risk Client review and PEP Clients annual review for all UK Based clients whenever required.
• Assists managers by preparing SLA reports, generate quality report and Daily workflow allocations.
• Assist in internal and external audits.
• Giving assistance to new Joiners, Colleagues in the team on process queries, providing suggestions on identifying and Mitigating risk involved in the process.
• Identifying process improvement/workouts and implemented the same and giving training whenever there is process gap or new update
• Actively involved in stakeholder management. Participated in local and global discussions on behalf of the team to formulate new and enhance existing process improvements, policies and standards.
• Collaborated with the management team to develop strategic plans for business growth and improvement.

KYC Remediation:

Responsibilities: -

• Verifying the identity of the existing customers
• Ensuring valid ID proofs are Available
• Requesting for additional Documents if the validity of the provided documents expires
• Note: Williams Lea Project got closed in short term and we are relieved from our services.

Business Banking Operation:

Responsibilities: -

• Ensuring Valid ID and address verification has been taken and checked when a new or existing customer applies for a new product or a new customer is being added to an account including third party mandates, etc.
• Ensure that adequate checks have been undertaken to satisfy Know Your Customer (KYC) and Know Your Business (KYB).
• Ensuring that appropriate action is undertaken when dealing with any person(s) applying to open an account or connected in any way to an account that May connections with EU and UN sanctioned countries.
• The NAS must fully review all account opening documentation and complete all checks prior to the account being opened.
• Ensuring ID and address verification is stamped stating “Certified true copy of the original” which should then be Signed and dated. Responsible for Opening the account within agreed timescales.

Lending:

Responsibilities: -

• Evaluates loan applications and documentation.
• Informing customers of additional requirements.
• Approves Loans.
• Declines loans by explaining the reason.