Nand Lal Kessani
Compliance Specialist
Dubai, United Arab Emirates
Summary of Career
1. I am an MBA graduate, I have 9+ Years of diversified experience within different Banking Arena
2. Specially in AML, Transactions Monitoring, Know Your Customer (KYC), Enhanced Due Diligence, Sanctions Screening,
3. Risk-Based Approach, Client Onboarding, Suspicious Transactions Reporting, Quality Assurance, UAT & General Branch Banking
4. I am strong in analytical, monitoring, investigation, drafting, and reporting.
5. I worked in Emirates NBD in Transactions Monitoring team and contract has ended on 17-Oct-2022. Previously working as compliance specialist in Bank Al Habib Pakistan for 6.5 years and General Banking Officer in MCB Bank Pakistan for 2 years
6. Urgently looking for change and interested in working in your estimated organization for suitable position where I can utilize my skills for career growth along with organizational objective
7. Assist transactions monitoring teams to review Mantas alerts for potential money laundering and terrorism financing risks in Bank Al Habib
8. Sanctions screening through Safe Watch is used in detection, prevention, and disruption of sanctions risk. Perform Investigation on True Match case which identify through name screening and transactions screening team.
9. Preparation of STR for further reporting to the Financial Monitoring Unit (FMU). Client onboarding of high-risk account as per Enhanced Due Diligence process.
10. Also involved in various Compliance reporting, Bank correspondence external audits, internal audit and regularity audit reviews, and assignment
Experience as Transactions Monitoring Officer
Emirates NBD
08 February 2022
17 October 2022
▪ My core responsibility is to assist in Anti-Money Laundering to address the risk of Money Laundering and Terrorist Financing through timely Monitoring of Transactions and reporting of unusual transactions patterns which is a regulatory obligation of the Financial Institution.
▪ To review the transaction alerts being generated by an automated AML System the Financial Crime Risk Management (FCRM) with respect to the customer profile, market condition, and transactions pattern’s behavior.
▪ To perform an investigation on the alerts and if any additional information is required for the alerted transaction.
▪ To either close the alert upon being satisfied or convert it into Request for Information (RFI) where additional information is required from the business.
▪ Update all findings in the audit log and save it in FCRM with supporting documents.
Experience as Controller in Transactions Monitoring Team
Bank Al Habib
17 August 2015
20 January 2022
• During a period of 6.5 years, I worked as an Analyst, Supervisor and Controller. The following is overall experience in different employment phases.
• Assist transaction monitoring teams to review Mantas alerts for potential money laundering and terrorism financing risks.
• Client onboarding of high-risk account as per Enhanced Due Diligence process.
• Sanctions screening through Safe Watch is used in detection, prevention, and disruption of sanctions risk. It identifies true matches, investigates and, if found suspicious, takes further actions for reporting.
• Perform Investigation on True Match case which identify through name screening and transactions screening team.
• Transaction monitoring of employee accounts to identify risks of fraud, corruption, and money laundering.
• To assist AML Unit Head in preparation of STR for further reporting to the Financial Monitoring Unit (FMU).
• Conducted reviews for quality assurance of alerts closure. Proposed and implemented standardized measures (scenario specific) for review and closure of alerts.
• Transaction monitoring against law enforcement agencies (LEA's) queries.
• Conduct UAT for implementation of Oracle Financial Services Financial Crimes and Compliance Management version 8.0.8
• Timely accomplishment of daily and ongoing assignment as per instruction received by Head of AML/CFT Unit.
• Also involved in various compliance reporting related to external audits, internal audit, and regulatory audit.
Experience as General Banking Officer
MCB Bank Ltd (Wholesale Banking)
22 July 2013
10 August 2015
Manage new to bank and provide proper guidance regarding procedures and requirements to new/prospective customers. Account opening procedure, documentation, and Know Your Customer (KYC).
Accepting and processing all types of clearing cheques.
Issuing pay order, drafts, and casher cheque furthermore encashment or payment of these cheques.
Transfer and posting of internal and external posting.
Reporting to branch operation manager.
Perform duty in minimum time and serve maximum customers to achieve and maintain a high level of efficiency and effectiveness for customer satisfaction
Matric 20 July 2006
Matriculation in ScienceIntermediate 13 October 2008
Intermediate in CommerceBachelor 20 December 2010
Bachelor of CommerceMaster 30 December 2014
MBA in Banking & Finance graduate with 3.5 CGPAAML & CFT Training Certificate
AML & CFT Training Certificate
The Future of Customer Due Diligence and Know Your Customer
Trade-Based Financial Crime