Sonal Mulay

Experience

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  EClerx Service Ltd

  Nov 2016 - May 2018

  Financial Analyst

  • Performed AML/KYC due diligence on a range of institutional client types that include Government entities, Supranational entities, Financial institutions, Listed entities, Regulated entities, Foundations, Corporations and Trust.• Contributed to client profile building by thoroughly researching Regulatory Bodies, State Registries, commercial database, global media sources and reliable media.• Performed questionnaire and checklist driven identification of sources of funds, ultimate beneficial owners and making host of other discoveries under enhanced due diligence process.• Collected required indentifying information on new clients and risk rating the clients based on geography, product and political status.• Performed PEP (Politically Exposed person) screening on Directors, Shareholders andreporting to Compliance if any adverse news identified.• Delivered Presentation on KYC to new client and training regarding new policies• Handled team for training and development purpose. Show less

• 

  Accenture

  Jun 2018 - now

  Senior Analyst

  Current Project: Served a German Multinational Investment Bank for reviewing their existing clientDuration: (January 2020 – Present), (June 2018 – June 2019) • Performing periodic reviews and onboarding for all the clients based in all regions. (UK, USA, Germany, India,Netherlands)• Performing AML/KYC due diligence on a range of institutional client types that include Government entities, Private entities, Listed entities, Regulated entities, Trust & Foundation, Funds, Special Purpose Vehicle (SPV) and Individual across all regions.• To perform the required KYC screening (Lexis Nexis, Regulatory Data Corp, Fircosoft and Google search) document and evaluate the information and negative news/hits/PEP hits against the client s per existing global KYC procedure.• Performing screening on Legal Representatives, Entities and other related Parties and identifying PEP and other adverse media using screening tools.• Collating and analysing all the hits (Material or Immaterial) along with PEP and sanctions hits and escalating it to Anti Financial Crime (AFC) team.• Building a Profile by thoroughly researching Regulatory Bodies, State Registries, commercial database, global media sources and reliable media and performing research via internal and external sources.• To coordinate with different Business lines and departments to retrieve the required data /information as per Banks / Regulatory policy requirements.• Gathering the information from Business and analysing documentation in accordance with KYC requirement and Standard Operating Procedures (SOP) are met.• Updating the Client’s data tool and uploading the documents into Client’s Onboarding tool along with checklist.• Participating in onshore client call to complete the knowledge gap in the process.• Prioritize training provided to the other colleagues and other departments such as onshore team as required on KYC/AML procedure/changes in procedure and scope of work is followed by client as well. Show less