Mydam Satheesh

WORK HISTORY

EDUCATION

ABOUT MYDAM SATHEESH

Skill Set:AML/KYC Compliance Specialist | Transaction Monitoring | CIP/CDD/EDD | KYC On-boarding & Periodic Review | Remediation | Screening | Team Management | Retail Banking | Compliance | CRS | Client & Fraud Dispute | FATCA | Factiva, Lexis Nexis, RDC | Flexible Shifts (UK & US)| Problem-Solving | Workflow Management | Wholesale Banking Expertise\"Transaction Monitoring/KYC On boarding/AML Investigation/Screening, Periodic Review/KYC Refresh, Remediation, Due Diligence/CDD/EDD.Real time transaction monitoring enables the identification of possible customer risks and the prediction of their future behavior and prevents fraud.Mitigating Generated Alerts for Sanctions/PEPs/Negative news either true or false match based further investigation, Based on risk associated escalate it concerned team such as Negative news committee, sanction team, account closure team etc.Responsible for ensuring rational documentation for clearing name matches and escalate issues / risks to the manager in a timely manner.Risk Rate level of account holder based on factors such as Geography, nature of business, Product and services, source of funds, Cash transactions, Adverse Media and PEP.Manage risk-based monitoring for unusual activity including: detection, investigation, and escalation/reporting to law enforcement agencies, documenting the file with supporting documents, deciding either to close the account or continue monitoring.Liaise with Compliance, AML Advisory and Sanctions teams in regard to any relevant queries Received from our clients when they complete their own EDD/CDD on CITI.Monitor the quality and integrity of the work done by the KYC research team to ensure it is up to standard, relevant and accurate. Conduct comprehensive research and background investigations on transactions, individuals, entities, organizations or locations to identify and mitigate risks through documenting findings.Performing investigation on AML-Transaction monitoring alerts.