Badal Singh sirohi

2+ years of work experience

May 20251 yr 2 mosPresent

Gurugram, Haryana, India

• Managed the full lifecycle of Customer Due Diligence (CDD) for all new and existing clients, ensuring accurate identity verification, establishment of expected activity, and initial risk assessment. • Conducted rigorous Enhanced Due Diligence (EDD) on high-risk customers, including PEPs, entities in high-risk jurisdictions, and accounts flagged for potential suspicious activity. • Key EDD activities included verifying Source of Wealth (SOW) and Source of Funds (SOF), performing deeper adverse media checks, and analyzing complex corporate structures (UBO). • Spearheaded the investigation of suspicious activity alerts generated from transaction monitoring, analyzing transactional data, customer behavior, and wire transfer records to build comprehensive case files. • Authored and filed Suspicious Activity Reports (SARs) / Suspicious Transaction Reports (STRs) to [Fin CEN/NCA] within required regulatory timelines. • Managed the Transaction Monitoring (TM) process, including reviewing system-generated alerts for potential structuring, layering, and other money laundering red flags across high-volume accounts. • Ensured all SAR narratives were clear, concise, and contained the necessary actionable details and supporting documentation for law enforcement. • Performed thorough Name Screening against global watch lists (Sanctions/PEP/Adverse Media), effectively analyzing matches and resolving false positives using a risk-based approach. • Collaborated with Compliance Officers and Legal Teams to determine final risk ratings and appropriate risk-mitigation actions, including client exit and account freezing. • Maintained meticulous and auditable records of all CDD, EDD, and SAR filings, ensuring readiness for internal and external regulatory audits.