Khushboo Yadav

Senior Representative, Anti Money Laundering Prevention Know your Client @Bny Wealth

Pune, IN

Perform data input and authorize the records in core banking systems for simple changes fromaddress and contact number change, passport update, hold mail update, on-line banking tocomplex changes i.e, Update investment risk rating, structure changes and all other changes inthe client account after account opening. Perform due diligence of new and existing clients covering a wide range of different client typesincluding; Listed and Regulated, small/medium/ large private and public companies as well asmore complex structures such as; SPVs, Co-operatives, Foundations and Funds, Governments,Joint Ventures, etc Perform the required KYC screening on clients by documenting and corroborating theinformation obtained on the client as required by the KYC procedures, utilizing a variety ofindependent research sources. Analyze client data, documentation and negative news in order to determine the client riskprofile as established under the firms KYC procedures. Collaborate with the Client Onboarding Team and Financial Crimes team, locally and globally. Prepare and document suspicious wire activity. Advice Front Office on the onboarding requirement in accordance to Bank’s AML/KYCstandards and regulatory requirement, and partner with Front Office to meet the requirement. Review and corroborate KYC information submitted by RM, perform an independent reviewand risk rate customer in accordance to regulatory requirement Group AML/CFT policy andprocedures. Follow up with Front Office (RM & ARM) and other stakeholders on KYC related matters andfor escalated / prioritized cases. Highlight deficiencies, suspicious AML or other non-compliance issues to relevant parties andmanagement. Prepare reports for management reporting to facilitate relevant reviews and strengthen thecontrol procedures and process.