Shouvik Mukherjee, CAMS

Supporting the Project Manager with successful delivery various consulting projects, including the DFSA and the FSRA remediation projects and compliance integration projects. Preparing and delivering compliance, corporate governance, risk and AML training and regulatory advice to the clients. Providing support to DFSA regulated firms for client on-boarding, this includes performing CDD on complex customers with high net worth Development and maintenance of the effective compliance/AML, risk management agreement and corporate governance frameworks in accordance with the regulatory requirements and best practice international standards. Drafting manuals, policies/procedures, reports and other required documents. Representing client’s interest with the business partners and the Regulators in the DIFC and acting as a first point of contact during DFSA risk assessments. Provide financial crime advisory to firms who have high net worth individuals for client onboarding Provide timely and consistent sanctions advice to key stakeholders regarding potential transactions. Performing AML Business Risk Assessment for asset management companies and fintech companies. Conduct AML (induction and annual refresher) trainings. Proactively monitoring changes/developments in relevant laws and regulations and updating the colleagues and the clients.

Expert in Customer Due Diligence (CDD)/Client On-Boarding/ EDD/ KYC review functions for Wealth Management, UHNI, Mashreq Gold customers . Review KYCs/Profiles/documents of high profile wealth clients and large complex structures on the above segments and provide clearance or decline requests based on the EDD conducted. Ensure that remediation is completed on High Risk Private Banking Clients. Screen the client and other related parties to find any negative or adverse news. (Ename, Lexis Nexis, World Check, Dow Jones and Fircosoft Screening) Work closely with Private banking RM's and their Senior Management for client on-boarding recommendations or exits of high profile and complex wealth management customers. Provide Compliance Regulatory feedback/solutions to business. Provide advisory to various business segments from a compliance and sanctions perspective. Expert in documentation of SOP, Process gap analysis, Corporate policies and Process mapping Provide presentations & MIS to senior management on monthly analysis of high risk cases and Compliance projects. Conduct file as a checker to ensure compliance with program requirement and correct any findings. Review and provide feedback/approvals on referrals sent to the compliance team on account of name / profile matching against the applicable watch lists.

Conducting Customer Due Diligence for new and existing customers complying with the relevant rules and regulations imposed by the regulators. Act as first and second line of defense. Advising various departments in relation to the all CDD routines by helping with their understanding of documentation requirement, system requirements and procedural requirements and coordinating with various departments on various CDD issues. Identifying sanction and any high risk factors and escalating them to the relevant teams on timely manner in order to safeguard the bank from any regulatory, reputational and financial risks. Preparing reports for senior management on the risk acceptance of the high risk customers. Responsible for the approval process of the Gift and Entertainment and Anti Bribery and Corruption requests to make sure they are in line the regulatory requirements. Act as the CDD officer for SMBC Doha Qatar.