Magalingam R

About Magalingam R

Seeking a seasoned AML KYC Analyst with 5 years of hands-on experience in the financial…

Experience

1. Senior Analyst

   KPMG

   Dec 2024 — Present · Bengaluru, IN

   Conducting reviews for banking clients like Individuals, PIV (Private Investment Vehicle), Trust, Association, Partnership, RIA (Registered Investment Advisor), Charity, Foundation, Fund, Insurance Wrapper and related parties like Beneficial Owners, Board of Directors, Chairperson, Treasurer, Secretary, Corporate Officer, Restricted Director, Passive Director, Chairman, Authorized Signatory, Authorized Trader, Acting Person, Power of Attorney, Ultimate Beneficial Owner & Wealth Generator.• Experienced in validating and reviewing a wide range of legal and corporate documents, including Trust Deeds, Partnership Deeds, Foundation Deed (Charter/Document), Memorandum and Articles of Association (MOA & AOA), Power of Attorney, CRS forms, Register of Directors, Register of Members, Company Registry and Incorporation Certificates, AMLR Letter, Accountant and Solicitor Letter. Skilled in assessing in Nominal Agreements, Vendor Reports, Source of Funds/Source of Wealth documents, as well as reviewing both Sales and Client mail confirmation to accuracy, compliance, and completeness.• Downloaded company registries from client-approved country websites, validated the information, sourced it as evidence, and ensured timely case closure.• Maintain awareness of Regulatory / FCC policy updates and incorporate the process and procedural changes in the KYC review process.• Served as the designated Single Point of Contact (SPOC) for Politically Exposed Person (PEP) form reviews and clarify the doubts, communication with the MD to obtain necessary approval for PEP MD cases.• Experienced in conducting comprehensive Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) using Refinitiv World-Check, including screening individuals and entities against global sanctions lists, PEPs, watchlists and adverse media.