Sowmya

Associate Manager @Standard Chartered

Bangalore Urban, IN

Make recommendations and / or implement to relevant stakeholders on possible risk management responses to identified risks and / or findings of concerns from investigations.Perform Risk assessment on client to determine risk posed by client based on geographic location, Products and service utilized by the client and other factors. Apply Group and FCC policies and processes (AML surveillance, transaction monitoring, risk assessment) to manage risks.Track significant issues arising from FCC metrics, FCC Assurance activities, Audit reviews and regulatory inspections, providing validation and evidence of issue closure where necessary. Support all control checks undertaken by FCC under the Operational Risk Framework (ORF) and provide related MI for the same. Monitoring the Correspondent, private banking, retail banking, corporate banking transactions and identifying suspicious activities with the help of Pre-Determined Detection Scenario through the case management system and for Manually triggered cases. Reviewed reports received from internal teams such as Fraud, bank branches, law enforcement agencies and from various sources to identify any unusual activities if any and draft SAR in clear and concise manner to articulate the appropriate risk to Money laundering reporting officer (MLRO) along with documentation to support findings.Good knowledge of regulatory practices in AML, OFAC, sanctions and local laws.

Bangalore University

Bachelor of Commerce - BCom