Sagar Ghosh

Assistant Manager @EY

Kolkata, IN

Risk Assessment and Management:Identify and evaluate AML/KYC risks associated with customer onboarding, ongoing monitoring, and transactions.Conduct enhanced due diligence (EDD) for high-risk customers or jurisdictions.Develop and implement risk mitigation strategies in line with regulatory requirements.Customer Due Diligence (CDD):Perform customer onboarding reviews, including document verification and risk profiling.Ensure compliance with KYC standards by reviewing and validating customer information and documentation.Conduct periodic reviews of customer accounts based on risk levels.Regulatory Compliance:Ensure adherence to local and international regulations, such as FATF recommendations, FinCEN guidelines, and other applicable AML/KYC laws.Monitor and implement changes in regulatory requirements and industry best practices.Monitoring and Reporting:Monitor transactions for suspicious activities and escalate potential issues to the appropriate teams.File Suspicious Activity Reports (SARs) and maintain a log of AML/KYC reviews and escalations.Process Improvement:Assist in the development and enhancement of AML/KYC policies, procedures, and controls.Provide recommendations to improve operational efficiency and risk mitigation.Training and Awareness:Conduct AML/KYC training for staff and provide updates on new regulations and practices.Act as a subject matter expert on AML/KYC issues and provide guidance to internal stakeholders.