Hemanth Kumar ,Acams, Cami, Mba, Advanced Cams-Rm(Risk) Email & Phone Number

United Arab Emirates

United Arab Emirates

• Developed and implemented an effective AML/CFT Compliance program, ensuring continuous adherence to applicable laws, regulations, standards, and international best practices.• Managed ML/TF EWRA (Enterprise-Wide Risk Assessment) methodology, conducting risk assessments for the entire organization.• Effectively deployed a new upgraded AML system, overseeing all levels of testing, including UAT and live system enhancements.• Reported directly to the Board of Directors, providing regular updates and reports to the Corporate Compliance Committee and senior management on compliance efforts.• Managed feedback on exceptional transactions (Internal STR) and obtained supporting documents from branches/business lines.• Conducted trend analysis and documented ML/TF typologies based on country exposure, NRA results, and FATF mutual evaluation reports.• Monitored and coordinated compliance activities of other departments to remain informed of all compliance activities and identify trends.• Provided staff training from beginner to advanced levels, conducted risk-based training periodically, and assessed staff knowledge across all functions.• Assessed product, compliance, or operational risks and developed risk management strategies.• Addressing data integrity issues for all branches under AML QA.• Conducted AML/CFT quality assurance checks, including system control effectiveness penetration testing and periodic branch audits.• Oversaw client onboarding and client visits process under automated risk evaluation.• Handled Central Bank IEMS Search or freeze notices, Police, FERG, and other Enforcement inquiries.• Ensured proper reporting of violations or potential violations to authorized enforcement agencies, including the Financial Intelligence Unit (FIU) at Central Bank of the UAE.• Submitted Bi-Annual Compliance reports to CBUAE and actively participated in Compliance Committee meetings with Owners and Senior Management.

Dubai, United Arab Emirates

Dubai, United Arab Emirates

Dubai, United Arab Emirates

Design an appropriate AML/CFT Compliance program to remain compliant with applicable AML/CFT Laws, Regulations, Standards and international best practice at all times;•Follow up with the branches/business lines concerned for timely feedback on exceptional transactions (Internal STR) & obtaining supporting documents etc.•Screening the new and existing agents / customers by using World Check system, verifying the ID/passport checks and against the UN sanctions list, OFAC list, EU list, CBUAE, World-Check ...etc.•Monitoring of transactions based on Automated monitoring rules- High-risk customers & KYC review,discrepancy findings, rectification as and when required,• Staff training (Beginner to advanced) on a periodical basis.• Assess product, compliance, or operational risks and develop risk management strategies• Correspondent onboarding based on automated Risk Evaluation (Ref: Transparency International and BaselAML Index) and obtained documents which are thoroughly screened.• Conduct periodical Branch audits (18 Branches) to ensure adherence to regulatory standards.• Verify that software technology is in place to adequately provide oversight and monitoring in all requiredareas (System / ERP testing).• Preparing Compliance report with error percentage of all the branches based on Branch audit, NCR,documentation, staff knowledge, past performance comparison, etc.•Verifying and analyzing the daily transactions for any unusual/ structured/ suspicious/ blacklisted ones byusing multiple programs and monitoring the suspicious transactions and filing STR/FTR to FIUdepartment of CBUAE (Central Bank of the UAE).• Transaction monitoring on a daily basis based on different threshold based on customer origin, nationality,Value/ Volume, destination country, smurfing, frequency of truncations ,etc.• Client onboarding process and automated Risk evaluation.• Handling Central Bank, Police, FERG & other Enforcement inquiries.

Dubai Emirate, United Arab Emirates

Establish and maintain appropriate AML/CFT policies, procedures, processes and controls; • Ensure day-to-day compliance of the transactions against own AML/CFT policies and procedures; • Act as the key contact point regarding all AML/CFT related matters/ queries from the Central Bank; • Cooperate with and provide the AMLSCU with the data it requires and further enable its staff to review records and documents required for fulfilling their obligations; • Receive suspicious transaction alerts from the employees and analyze them for the onward reporting to the AMLSCU; • On-going monitoring of transactions to identify high-risk, unusual and suspicious customers/transactions; • Submit Suspicious Transaction Reports to the AMLSCU in a timely manner; • Develop and execute AML/CFT training programs regarding all relevant risks of ML/FT and financing illicit organizations including the ways/means for addressing them; • Report to the Board of Directors at regular intervals on all AML/CFT issues; • Arrange to maintain all necessary supporting documents for transactions, Due Diligence, monitoring, suspicious transaction reporting and AML training on regular basis. • Review AML/CFT regulations and procedures and conduct a gap analysis to determine the extent of the Licensed Person’s compliance with their implementation, propose actions required to address gaps and prepare Bi-Annual reports.

Chennai Area, India

Handled document screening (AML) against sanctioned list using FOL application.• Handling the client queries through the group email boxes and also through phone calls and Resolving Queries of Customers about the payments transaction & timely delivery of payments.• Perform the required KYC screening on existing clients by documenting and confirm the information obtained.• Performing Customer Due Diligence for corporate clients through Processes like New Client Take On, PR (Periodic Review), Screenings (Sanctions & Bad press).• Direct contact with Compliance department will help us get waivers in process during uncertain condition. Discounting of hits is mainly sent to them for further clarification.• Sending Push Mail to Corporate clients, to acknowledge them about their Credit• Reporting of all incoming cross border remittances related to a/c holders in all the Branches. I.e. outward or inward remittances locations across pan India• Screening of trade documents such as Bill of Lading, invoice, etc. • Liaise with the Money Laundering Reporting Officer on exact potential matches forGuidance and manage sanction related exception approvals.• Monitor all data entry operations and ensure compliance to timeframe.• Documents all transactions on an everyday basis and collate metrics from various associates and prepare appropriate reports.• Maintain knowledge on all technical information and resolve all issues in transactions and perform correction where require. • Managing service delivery, developing processes to monitor risks and resolve issues, and personal involvement when required.

Obtaining KYC document from the client for onboarding procedure.• Validation of customer ID, Photo, Signature, Name, Date of birth and other details for authentication.• Escalation to Senior analyst for validation. Updation of customer details as per the Government ID into theCRM system (Omni flow).• Record keeping of files (Retail & Commercial customers).• Development and documentation of methods in conjunction with senior analytical staff. • Ad hoc duties as required

Bachelor Of Engineering - Be, Computer Science

Master Of Business Administration - Mba, Finance And Risk, 8.4