Suresh Babu

About Suresh Babu

Hand full of experience in overall end to end AML Crimes Operations, sanction screening,…

Experience

1. Senior Analyst

   TP

   Apr 2024 — Present · Chennai, IN

   Having End to End work experience on Transaction monitoring and Investigation on AML -Transaction monitoring alerts. AML regulations vary by jurisdiction, but they generally require financial institutions to establish and maintain effective AML programs that include customer due diligence, transaction monitoring, and suspicious activity reporting. Calculating Financial Crime Risk Rating (Low, Medium & High) of all clients based on their Nature of business, Country of Incorporation, Primary business operation locations, Level of accountability, Type of products. etc, Performing Negative screening on all the Individuals with various applications and Google searches. Utilizing transaction monitoring software to identify automatically spot suspicious transactions, such as high-value cash deposits or unusual account activity. It is a key part of the AML fraud detection —anti-money laundering — process, which is heavily regulated by government bodies. Conduct investigations into potential suspicious activity, gathering additional information from internal and external sources to determine whether a report should be filed with the relevant authorities Reviewed and analyzed complex financial transactions and relationships to detect and report potential money laundering or terrorist financing activities as a Financial Intelligence Analyst Worked on STR Reporting and Filling and Red Flags. Having experience in client on-boarding and review of Account opening documents. Documents received from clients are reviewed based on the Country\'s local requirementsto ensure all are in line for Account opening

Education

• P.A.K.Palaniswamy Higher Secondary School

  HSC, Bio Maths

• Chennai Jobs

  B.E, Mechanical Engineering

  2015 — 2019