Bunyamin POLAT

Experience

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  Garanti BBVA

  Jun 2013 - May 2018

  Review of suspicious, high risk activities/customer profiles to decide further steps/action accordingly. Supports the customer screening process and procedures in place to detect high risk activities requiring enhanced due diligence. Responsible for the compilation of data and information required for the completion and submission of Suspicious Transaction Reports (STRs) to the regulator. Enhanced due diligence of the Bank’s higher risk customers, establishing timely review schedules and accurate risk identification and monitoring to perform and prepare annual or other periodic reviews of individual customers Reviews daily blacklist reports from World-Check database and OFAC Sanctions alerts received on transactional reviews through Fircosoft and other filters. Supervise day-to-day activities. Ensure hits/alerts are handled in accordance with defined procedures and meet standards for both quality and deadlines. Hits/alerts are generated from sanctions screening of transactions, including but not limited to customer acceptance progress and modifications on client related names (i.e., Beneficial owners and/or third parties). Provide support and AML subject matter expertise to investigations/operational staff to help them understand AML requirements as they relate to their function. Assist in the creation and monitoring of reports and metrics for AML/Sanctions tracking purposes for on-going monitoring as well as new products. Handle other duties as assigned to assist with the effective administration of the AML and KYC Policies. Show less Cumhuriyet Cd/Taksim Branch Explain, advise on and promote bank products and services to customers Identify customers, validate and cash checks, Process cash withdrawals and perform specialized tasks such as preparing cashier's checks, personal money orders, issuing traveler's checks and exchanging foreign currency, Initiate and open new accounts, Record all transactions promptly, accurately and in compliance with bank procedures, Answer inquiries regarding checking and savings accounts and other bank related products, Attempt to resolve issues and problems with customer's accounts, Ensure compliance with all internal controls and established policies and procedures. Show less

  • High Risk Customers and Sanctions Monitoring Specialist

    Nov 2015 - May 2018

  • Cash Officer

    Jun 2013 - Nov 2015
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  QNB Türkiye

  Jun 2018 - now

  •Establish, review, implement and maintain effective compliance and AML policies, procedures, systems and controls in compliance with applicable regulations and the organizations KYC/AML standards;•Prepare any and all compliance and AML reports for regulatory bodies and head office;•Identify, assess and implement all relevant new legal and regulatory developments;•Work with senior management to review and implement all relevant compliance and AML policies;•Collaborate with internal departments and regulators to resolve legal and compliance issues;•Continuously update and advise all employees of their regulatory responsibilities and the Bank’s policies and procedures;•Sıpport employees through regular educational training and awareness sessions;•Perform the role of Money Laundering Reporting Officer for the entity, acting as a focal point for employees to escalate suspicions of terrorist financing or money laundering activities and manage AML risks;•Perform customer due diligence checks (KYC) on new clients as per the firm’s requirements and in accordance with group wide AML standards;•Escalate appropriate AML risks/breaches to senior management;•Keep pace with developments in AML/CFT laws and regulations, trends, techniques, and update indicators of money laundering or terrorist financing;•Perform daily review, monitoring, and analysis of transaction alerts using internal data to identify trends and unusual activity to determine if transactions are suspicious in nature;•Monitor client acceptance, conduct on-going review of client files, transaction monitoring and risk review;•Develop a regular monitoring procedures and practices to assess the effectiveness of internal control systems implemented by the Bank;•Identify potential areas of compliance vulnerability and risk; develop/implement corrective action plans for resolution of any problematic issues. Show less Provide oversight, management and reporting to the AML and Sanctions Manager for sanctions screening processes and act as a point of escalation, within the financial crime team, for the Sanctions Screening Analysts.Provide line management to a team of Sanctions Screening Analysts.Maintain a role as a strong influencer and help internal stakeholders to understand sanctions screening processes to anticipate, understand, prepare for and implement regulatory and policy change.Respond to a wide range of complex enquiries, ensuring that the information provided is clearly understood by the business.Monitor screening tools to ensure the continuous and accurate screening of clients and trading partner data.Develop and execute a risk based approach for sanctions screening processes depending upon the risk appetite. Identify enhancements and efficiencies to existing processes to drive improvements and reduce processing times.Work closely with overseas service centre to provide quality assurance, feedback and support to their alert handling teams.Investigate referrals of potential sanctions from overseas service centres:o Follow set processes to conduct open source checkso Build or review existing profiles to compare against potential sanctions matcheso Cross reference open source information against in-house source systemso Provide a concise rationale to each alert reviewed and dismiss or escalate the alert accordingly.Liaise with the business divisions as part of the investigation of sanctions alerts.Escalate potential sanctions matches to the AML and Sanctions Manager.Support with the enhancement of sanctions screening processes including testing requirements.Record and provide relevant management information to the AML and Sanctions Manager.Support Financial Crime Team related projects, providing assistance to manage and deliver these projects in a timely manner.Ensure relevant financial crime logs are maintained. Show less

  • Compliance Officer / MLRO at Bahrain Branch

    Jul 2021 - now

  • Sanctions & KYC Asst. Manager

    Jun 2018 - Jul 2021