Sojan Abraham CAMI CAMS

Experience

• 

  UAE Exchange India

  Jan 2004 - Jul 2008

  • Administering all operations of the branch.• Focusing on achieving customer acquisition, retention and cross sales.• Ensure excellent service is offered to the customers.• Adhering to regulatory requirements and educate the staff on the changes from time to time.• Developing, implementing business plan for the branch.• Enforcing the company policies, process and procedures.• Communicating clear business goals to the staff and achieve as a team.• Identify, and address staff development and training needs.• Directing all operations encompassing human resources, fund, risk management at branch level.• Allocating and dividing work among staff on daily, weekly, monthly basis to ensure smooth operation.• Setting monthly targets and devising plans to achieve them.• Initiating marketing plans and executing them in effective manner. Show less • Ensure excellent customer serivice is offered to every customer.• Follow AML KYC process for onboarding clients.• Acquire new customers and retention.• Monitor transactions are completedd in an efficient manner with accuracy.• Follow strict adherence to compliance procedures, company policies.• Actively participate in business development and product promtions.• Perform administrative tasks as filing, generate reports and correspondence.• Manage cash flow, balancing and reconciling procedures, prepare day end activities.• Administering all operations of the branch as per the situations. Show less

  • Branch Head

    May 2006 - Jul 2008

  • Senior Officer

    Jan 2004 - Apr 2006
• 

  UAE Exchange

  May 2009 - Jun 2016

  • Felicitate branch business with the powers delegated.• Monitor and review all transactions in the light of AML/CFT policy, respond to the enquires from bank side and AML back-office team.• Ensure high value transactions with sufficient supporting documents and relevant details.• Review trade related transactions and provide required details to SWIFT processing team.• Ensure that all documentation and records are updated as required to prevent any gaps in reporting.• Assist in completion of periodic/annual reviews of High-Risk accounts, PEP reviews, material complaints as per the monitoring plan. Show less • Monitor day to day transactions of the branch and collect relevant supporting documents (source of funds & purpose of remittance) for the identified suspicious cases.• Grade the corporate clients as per risk grading methodology and review periodically.• Monitored all transactions within AML rules, replying to all inquiries on time from bank side as well as AML back-office team.• Filing Large Volume Transactions reports (LVT), conduct sanity checks on customer's KYC details captured in the system against KYC document, verify supporting documents collected for trade-related transactions• Preparing suspicious transactions/activity reports (STRs) and other written investigative/intelligence products to support judgments, decision and recommendations.• Before processing trade transactions, verify invoice, BOL and relevant documents are available.• Generate clients leads and forward to sales team for further action.• Coordinate with compliance inspections and conducted internal audits to review potential issues and risks.• Keep abreast of related laws, regulations, and best practices pertaining to AML/CFT. Show less

  • Assistant Branch Head

    Aug 2013 - Jun 2016

  • Compliance Officer and Branch Supervisor

    May 2009 - Jul 2013
• 

  UAE Exchange

  Jul 2016 - Oct 2022

  Branch Head

  • Facilitate smooth running of the branch operation by verifying AML, KYC process and standard operating procedures. • Follow risk-based approach and risk grading for the corporate clients.• Support the teams in managing their daily activities related to compliance with regulatory and bank specific requests.• Ensure all transactions are screened properly before execution.• Assist in completion of periodic/annual reviews of High-Risk accounts, PEP reviews, material complaints as per the monitoring plan.• Maintain awareness of all policies and changes to policies/procedures and support with training as required.• Leading the team to effectively provide solutions and services to improve customer financial wellbeing. • Daily prioritizing, managing and communicating the promotional campaigns and product initiatives. • Managing operational, human capital, reputational and business risk through established given policies of the regulator and the company. • Exercising sound decision making to identify and mitigate potential risk. • Growing branch revenue through acquisition, retention through business development and community involvement activities. • Monitor and review client transactions regularly and file SAR for suspicious cases. • Accountable for branch performance like target, achievement, staff allocation, productivity, staff training, income, expense and MIS reports. • Monitor and approve client onboarding, business risk assessment and client risk rating. • Fostering a motivated, diverse team environment by setting employees up for success.• Maintaining and developing relationship with customers and creating great partnership with people and community. • Deploying all resources to optimize individual team performance and team development plan management. • Ensuring customers are extremely satisfied with every interaction. Show less

• 

  Omda Exchange

  Apr 2024 - now

  AML Compliance Analyst

  • Monitor alerts generated by the AML/CFT system and conduct appropriate review to facilitate the closure of alerts or further investigation/ reporting and highlight any AML concerns or suggestions to CCO.• Review/ investigate/clear/escalate alerts generated by sanction screening system with appropriate comments. • Ongoing monitoring of transactions to identify high risk, unusual and suspicious customers /transactions.• Arrange to retain all necessary supporting documents for transactions, KYC, monitoring, suspicious transaction reporting, and AML training. • Conduct AML enquiries / investigations upon directives received from regulator or relevant agencies like FIU, court.• Maintain unit’s statistical data /MIS on a regular basis.• Coordinate AML training data and ensure all staff complete and submit their confirmation as per policy.• Ensure all records of the unit are kept in secure state and adherence to record retention policy and SOP guidelines.• Coordinate with various channels to ensure the responses on AML queries raised by counterparties, correspondents are responded. Show less

• 

  Exchange House

  Feb 2025 - now

  Alternate Compliance Officer, CBUAE Approved

  Assist in designing and implementing an effective AML/CFT/CPF complianceprogram, ensuring alignment with applicable laws, regulations, and best practices. Support the development, review, and regular updating of the ML/TF/PF riskassessment, ensuring its dissemination to relevant stakeholders. Help establish and maintain comprehensive AML/CFT/CPF policies,procedures, and controls. Ensure daily business activities comply with internal AML/CFT/CPF policiesand external regulatory requirements. Act as the secondary point of contact for AML/CFT/CPF-related queries fromthe Central Bank and other authorities. Receive alerts, escalate cases to the CO for decision-making, or actindependently in the CO's absence. Receive SARs/STRs from branches, conduct initial investigations, andescalate findings to the CO for further action. Monitor transactions to detect high-risk, unusual, or suspicious activities andprepare STR/SAR reports for submission to the FIU when necessary.Ensure proper record retention for KYC documentation, transactionmonitoring, and training records in compliance with regulatory requirements. Conduct or support gap analyses to identify and address compliancedeficiencies between current policies/procedures and updated regulations. Assist in preparing bi-annual compliance reports and recommend correctiveactions for identified deficiencies. Participate in annual external training, completing at least 48 hours ofprofessional development in AML/CFT/CPF compliance. Coordinate the testing and review of AML/CFT/CPF systems and procedures,recommending necessary improvements. Organize and maintain all compliance-related documents, ensuring they arereadily available for retrieval upon request by auditors or regulatory authorities Assume full responsibility for all Compliance Officer duties in their absence. Show less