CDD Specialist: Corporate & Institutional Banking at Standard Chartered Bank.

Responsible for ensuring end-to-end management of on-boarding, Client Due Diligence (‘CDD’), Anti-Money Laundering (‘AML’) Risk.
Working on CDD for large client groups: Involved in unwrapping complex group structures, evaluating products, services, geographies and lines of business to identify and mitigate potential AML risks.
Involved in implementing group sanction policies across various large corporate, groups and successfully unearthing sanction linkages.
Working with COBAM Team and Relationship Managers to understand the client, correctly assess the client’s AML Risk, gather documentation from publicly available sources, liaise with clients / other departments (wherever required) and produce high quality & timely CDDs.
Providing Relationship Managers with insights into clients’ Anti-Money Laundering (AML) risk and develop an understanding of Industry sector, client information and other relevant factors that could impact the Bank’s AML risk.
While conducting due diligence, Analyzing financial statements to assess financial risks and ascertain appropriateness of the client as per regulatory requirements.
Liaising with Compliance on Sanctions Advisory, Transaction Monitoring, and Tax Compliance (FATCA) to ensure strict adherence to international and local regulatory standards as per requirements.
Working on overdue CDDs for International Corporate (‘IC’), Local Corporate (‘LC’) and Financial Institutions (‘FI’) in Pakistan.

Conduct post - approval review of credit extension requests below Rs. 50 Million and submit monthly report to CC for review.
Analyze applicants financial status, credit, property appraisals and legal opinions to determine feasibility of granting facility.
Effectively assessed credit risk and (current and potential) client viability, analyzing financial statements and cash flow of customers.
Reviewing income estimation, credit reports, and applicable ratios(i.e. Debt ratios, liquidity ratios, Net profit margin etc).
Validation of RAROA and calculation of impact of extending credit on bank\'s Capital Adequacy Ratio,
Identification of potential inherent risks of credit proposal with respect to customer’s financial and repayment capacity.
Ensuring compliance with applicable laws, prudential regulations, shariah standards and internal credit policies.
Preparing RMD note and making recommendations to Credit Committee.

Served in Treasury department
Understanding the insurance role in the Treasury department.
Analyzed the yearly insurance payments.
Verified the insurance of vehicles in different departments
Lodged insurance claims and prepared cost center sheets.

Served in Treasury Department.
Managed client records and invoices using Oracle software.
Analyzed financial reports and bank reconciliation statements

First- hand experience with customer dealings and administrative procedures.
Performed different activities such as issuing cheque books, sorting out cheques, issuing pay order and remittances activities.
Verify signatures on payment cheques and to ensure that these are approved as per authority levels prior to disbursement.
Accept and process all types of clearing / collection cheques and issuance of pay orders & drafts.