Sunitha Akula Email & Phone Number

Hyderabad, Telangana, India

Analyzing CMB Middle East customer profile to investigate Money Laundering and Financial Crime.Screening the customers to investigate through World check & other internet Searches.Raising queries to Regional Managers /Case Managers regarding the customer profile like Commercial Registration documents, Trade License, MOA, and Financial Statements.Monitoring of business transactions, if any transactions related to sanctions countries (South Sudan, Iran, Syria, North Korea, Cuba, Mexico)Coordinate with the onshore team for missing documents and required information to complete the profile. Maintain awareness of operational risk within the assigned portfolio and minimize the likelihood of it occurring including its identification, assessment, mitigation and control, loss identification, and reporting.Ensure the application of Group policy and adherence to regulatory, financial, and legal standards to minimize business and reputational risks. Compliance with and management of sales suitability risks and requirements and analyzing the customer's nature of business. Ensure all completed sales and prospecting activity documentation is appropriately completed, approved, and stored to provide performance tracking, targeted future sales efforts, and compliance with sales and transactional suitability guidelines and requirements.Ensure that all employees are aware of and effectively identify and manage applicable money laundering (ML), terrorist financing (TF), sanctions, and reputational risks.Educate & provide advice to clients to meet their immediate security needs and provide tailored solutions to protect them and prevent fraud losses.Resolve problems at the first point of contact in a friendly and helpful manner, and maintain relationships with partners.

India

Handling account opening, servicing, transactions for retail customers & remittances through Money to India and SWIFT platforms for retail and corporate customers of ICICI Bank Hong Kong,Canada.AML User profile in AMLOCK - Transaction Monitoring System for ICICI Bank Hong Kong database. Monitoring transactions based on alerts generated by the AMLOCK system. Report each alert as suspicious or non-suspicious on a daily basis.Performing CDD for new relationship opening based on KYC documents, risk rating matrix and AMLOCK check. Risk profiling of customers based on criteria like country of birth/residence, mode of interaction (delivery channel), nature of customer etc. For high risk customers, performing EDD and checking for necessary approvals.Used these profiles to tailor CDD and EDD procedures for each customer segment.Implemented EDD tactics for excessive-danger customers, which involved carrying out in-depth investigations and obtaining extra facts beyond general CDD.Ensured that EDD procedures were finished in a timely and thorough way.Obtained vital approvals from relevant stakeholders for high-chance patron onboarding, following hooked up inner protocols.Maintained strict adherence to regulatory and compliance requirements throughout the due diligence process.Carrying out AML checks for all entities in M2I, SWIFT or RTGS remittances. Uploading AML files for bulk remittance customers. Coordinating with overseas branch staff and HK Compliance Officer for suspected matches.Successfully managed and processed a high extent of global money transfers for customers, making sure correct and compliant transactions.Maintained meticulous attention to elements to prevent errors and reduce transaction delays.Executed forex transactions, continuously securing competitive prices for customers converting foreign currencies to Indian Rupees.Successfully controlled pass-currency conversion, permitting clients to transform a diffusion of foreign currencies.

Master Of Business Administration - Mba, Accounting And Finance

Master Of Business Administration - Mba