Mathura SIvakumar

Performing comprehensive transaction monitoring to identify
and investigate suspicious activities, leading to a 20% reduction
in potential money laundering cases
• Conducting thorough reviews of suspicious activity report
referrals to the credit unions, oversee the monitoring of
transactions, and promptly investigate any potential red flags or
anomalies.
• Conducting Customer Due Diligence (CDD) and Enhanced Due
Diligence (EDD) reviews on high-risk clients, resulting in
improved risk assessment accuracy and reduced false positives.
• Expertise in sanctions screening, ensuring all customer
transactions comply with OFAC and other relevant sanctions
lists
• Maintaining effective internal controls related to compliance
matters. Regularly review and update policies and procedures
to reflect changes in regulations and industry best practices.
• Preparing, file, and maintain Suspicious Activity Reports ( SARs)
in adherence to regulatory requirements and internal policies.
• Collaborate with cross functional teams, including legal,
compliance and law enforcement, to investigate and resolve
AML cases efficiently.
• Developing and implement risk mitigation strategies, reducing
the banks exposure to AML risks by 15%
• Maintaining and update AML policies and procedures in line with
changing regulatory requirements.
• Conducting regular risk assessments to identify potential
compliance vulnerabilities and develop strategies to mitigate

<p>Performing comprehensive transaction monitoring to identify and investigate suspicious activities, leading to a 20% reduction in potential money laundering cases<br>
Conducting thorough reviews of suspicious activity report referrals to the credit unions<br>
Overseeing the monitoring of transactions<br>
Promptly investigating any potential red flags or anomalies<br>
Conducting Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) reviews on high-risk clients, resulting in improved risk assessment accuracy and reduced false positives<br>
Expertise in sanctions screening, ensuring all customer transactions comply with OFAC and other relevant sanctions lists<br>
Maintaining effective internal controls related to compliance matters<br>
Regularly reviewing and updating policies and procedures to reflect changes in regulations and industry best practices<br>
Preparing, filing, and maintaining Suspicious Activity Reports (SARs) in adherence to regulatory requirements and internal policies<br>
Collaborating with cross functional teams, including legal, compliance and law enforcement, to investigate and resolve AML cases efficiently<br>
Developing and implementing risk mitigation strategies, reducing the bank's exposure to AML risks by 15%<br>
Maintaining and updating AML policies and procedures in line with changing regulatory requirements<br>
Conducting regular risk assessments to identify potential compliance vulnerabilities and develop strategies to mitigate risks related to money laundering, terrorist financing, and sanctions violations</p>

<p>Reviewing deposit items and implementing restrictions on customer profiles when needed<br>
Analyzing incoming and outgoing wires for potential wire fraud<br>
Reviewing counterfeit cheques and researching source of funds<br>
Exiting clients when they pose too high of a financial risk to the bank<br>
Adhering to the team policy and procedure to ensure that work is properly documented<br>
Performing additional duties and participating in special projects as required<br>
Serving as a subject matter expert in an operational function and serving as knowledge and process expert to others<br>
Prioritizing and managing own workload to meet SLA requirements for service and productivity</p>

<p>Negotiated settlements and payment arrangements<br>
Analyzed departmental documents for appropriate distribution and filing<br>
Reviewing adherence to AML/KYC requirements on new applications<br>
Gathered and verified all required customer information for tracking purposes<br>
Review credit bureaus</p>

<p>Processed cash and credit payments rapidly and accurately<br>
Responded to all customer inquiries thoroughly and professionally<br>
Documented all customer inquiries and comments thoroughly and quickly<br>
Acted professionally and patiently when addressing negative customer feedback</p>