RENOLD NAVEEN I

This position of being a GTS Customer Surveillance Analyst introduced me to the transaction monitoring background.

Investigation was done on cases which was generated based on Trade based money laundering (TBML).

• Supervise lifecycle of AML and fraud investigations, including alert review, case escalation and documentation.
• Maintain TAT, completion of alert adjudication generated by GSNA as cases in UCM in line with regulatory guidelines.
• Ensure to operate within regulatory frameworks which include FATS, OFAC, EU AML DIRECTIVES and local laws of individual countries as this investigation is done for more than 30 countries.
• Stay updates on change in laws, regulations and industry best practices related to AML and fraud.

Major Investigations

This investigation was performed on the account activities of individuals, corporate, syndicates and other group accounts.

• Investigations were performed based on the typologies which include Money Laundering, Money Mule, Sanctions, Fraud activities, and other deviations identified in the accounts.
• In addition to investigation, the main activities performed are Reporting the customer, their activities and transactions to the country regulators, filing GoAML, and Investigation report drafting.
• The above activities were performed for the Menat region.

As a part of my career, this stepping stone introduced me to the real image of banking CUSTOMERS directly.

• Into the world of banking directly with customers, learned customer servicing is the primary obligation of the service sector.
• Apart from LC, trained and started handling Bank Guarantees Export and Import document under LC and Non-LC.
• Handling EDPMS and IDPMS closure as per RBI mandates.
• Handled complete cycle of LC as in Issuance, advising, document preparation, checking under LC, refusing documents, acceptance payment and follow-ups
• Conducted training sessions on LC for other related functional departments and freshers.
• On acquiring the position of a manager effectively learning to handle the requirement of both employee and middle level management by convincing both reportees and management.
• Cleared Trade and Forex competitive exam through Indian Institute of Banking and Finance.
• Trained under movement in work analysis and study to elevate the effective usage of resources and contributing to the process and enhancement of process.
• Analyze the need of customer and process as per customer requirement within the integrity of the bank.
• Ensure assignment and assigning is done in effective way and are completed expeditiously.
• Frequent customer visits helped in understanding the need of customer and the banks compliance process.
• Handled high volumes without affecting banks integrity.

• Cleared Internal Certification Program to continue my career in Trade Finance as a part of internal requirement.
• As a Process Associate moved to a challenging position of handling Pre-check documents which involved more risk in handling client satisfaction and meeting integrity of the bank.
• As a major stepping stone cleared CDCS as a Process Associate and promoted to Process supervisor.
• Additional responsibilities taken as an authorizer and handling complex documents.
• Cross trained to prevent handling of sanctioned country documents and identifying sanctioned parties.
• Contributed to the process enhancement ideas and effective implementation of the same.
• Identified as BCP champion and trained in handling process during BCP without any hindrance and deviation.
• Trained in Issue/Risk analysis and resolving the same.
• Pivotal role played in operations migration as a reward for contribution in identifying process enhancement ideas.

• Initiated career as a trained document checker and gained on process knowledge in Letters of Credit.
• Assisted in meeting the compliance regulations, conducted mock dock handling sessions.
• Conducted brainstorming sessions and assisted in process improvements to increase efficiency and quality of work.
• Attended workshops on Advanced Trade and Global Payment Systems.
• Cleared Trade skill assessment for effectively building career in trade finance as a first stepping stone.
• Cross trained in LC workability checks as a part of LCs and SWIFT handling.
• Cross trained in document preparation under LCs as a part of facilitating customers.