Selvi Poinen Chellayee
Vacoas
Summary
Dynamic compliance officer with over 4 years of experience in financial crime compliance and anti-money laundering. Proficient in KYC reviews, client due diligence, and compliance monitoring. Specialized in regulatory requirements and risk management with an ongoing International Graduate Diploma in Financial Crime Compliance. Successfully managed compliance alerts and conducted thorough due diligence for various clients, enhancing operational integrity. Eager to leverage unique skills in creating robust compliance frameworks to ensure adherence to regulations and support organizational goals.
Overview
14
14
years of professional experience
Work History
Senior Officer
Amicorp Fund Services
12.2023 - Current
- Perform KYC reviews based on jurisdictional guidelines set out by Amicorp
- Perform ongoing updates, and monitoring of clients' and investors' data as well as clients' and investors' activity
- Conduct additional due diligence checks if required for client or investors dependent on the risk level
- Communicate directly with the clients, investors, and sales teams to obtain KYC documentation or validation
- Perform name screening and analysis of alerts on possible compliance situations and provide recommendations accordingly
- Perform level of controls on compliance matters, such as transaction monitoring, client acceptance files, onboarding of clients and investors
Officer
Maubank Commercial Bank
08.2023 - 11.2023
- Assist in reviewing KYC files for customer on-boarding
- Assist the Compliance Lead in the discharge of their day-to-day duties
- Undertake compliance reviews of business units to assess compliance
- Keep up to date with current and new laws, guidelines and any proposed changes
- Attend to any other duties directly or indirectly linked to the Compliance function with laws, regulatory requirements and internal policy/procedures
- Provide regular and accurate reports to Head of Compliance on compliance reviews
- Assist in the conduct of regular compliance reviews of all aspects of the bank's activities
- Recommend improvements in process/procedures following compliance reviews
DMLRO /Compliance Officer
VFS International Ltd
12.2020 - 08.2023
- Assist the MLRO in ensuring that all regulatory requirements are managed effectively in their respective business units
- Provide and drive the necessary awareness of AML/CFT Within the company
- Provide advice to business on effective AML/CFT controls in accordance with this policy
- Regular reporting including reporting of non-compliance, to the Board and Senior Management
- Contributing to designing, implementing and maintaining internal compliance manuals, policies, procedures and systems for combatting Money Laundering and Terrorism Financing
- Ensuring Screening is conducted via World-check on all applicants for business to identify any risk factor
- Signing off on instances where an applicant for business is being on-boarded prior to completion
- Conducting Customer Due Diligence
- Maintaining the Politically Exposed Person Register as well as the High-Risk Register
- Establishing procedures for reporting suspicious transactions internally
- Acting as the main point of contact with the FIU in the handling of disclosures and filing of STR with the FIU
Senior Administrator
VFS International Ltd
05.2019 - 12.2020
- Mainly handling New Business Department & Dealing Department
- Processing of new business application
- Liaising with compliance
- Conduct world check on applicants and verification of KYC
- Liaising with Service providers
- Preparation of Trail fees Quarterly
- Monitoring and tackle daily queries for both departments
- Supervise the work of office juniors and guide them
- Updating, processing and filing of all documents
- Keep accurate records and keep the system and client database up to date
- Arrangements and preparation for training (admin or broker)
- Process renewal of health, life and income protection policies
- Assist foreign client in opening a Bank account with MCB, Standard Bank & ABC Corporation
- Processing termination & Assignments of Trusts
- Provide training new staff members
- Arrange for monthly, quarterly & annual statements are sent to client
- Create Client CFS Login to access to their portfolio online
Administrator
VFS International Ltd
11.2016 - 05.2019
- Handling Client Services department
- Processing of withdrawals and surrenders
- Handling new business application
- Conduct Verification of KYC
- Ensuring that we are abiding the Anti-Money Laundering Procedures
- Send dealing instruction and monitor them until they are settled (switching of fund)
- Liaising with Service providers
- Generating Valuation statements
- Processing Claim
- Calculate commission for broker from service providers
- Scanning and copying contracts, notes and other documents
- Updating, processing and filing of all documents
- Handling incoming / outgoing calls, correspondence and filing
- Calculate commission received from provider and paid to brokers
- Arrangements and preparation for training (admin or broker)
KYC Analyst, Share Registry Department
Apex Fund Services (Mauritius) Ltd.
08.2014 - 11.2016
- AML screening ensuring investor compliance with money laundering
- All investor types considered- individual/ nominee /entities / trusts / partnerships etc
- Upfront and ongoing screening of investors (UBOs / directors / trustees etc )
- Maintain investor registers, including all static data such as address / email / PEP/ Investor risk classification and tracking of KYC renewal data under continuous monitoring program
- Annual FATCA CRS reporting - collection of relevant forms, TIIN and GIIN verifications as as well as tax declarations collections and defining tax status of every investors on system
- CRS Compliance
- AML audit
- File review- help with queries / work coordination / ensure sub teams deadlines are met
- Risk rating / PEP reflected on Paxus
- Quality check on files
Educator in Accounting
Iteach Ltd
08.2013 - 07.2014
Accounts Clerk
Il Moro Di Venezia Ltee
01.2011 - 02.2012
- Company Overview: Food Supplier
- Food Supplier
Education
Bachelor of Science - Financial Services With Law
University of Technology, Mauritius
La Tour Koenig, Mauritius12-2013
Certificate - Banking Operations And Management
Knowledge of The Arts Ltd
Ebene, Mauritius11-2011
High School Diploma -
Swami Sivananda State Secondary School
Bambous, Mauritius11-2009
International Graduate Diploma - Financial Crime Compliance
The Financial Services Institute
Ebene, MauritiusSkills
- AML/CFT Knowledge
- Ability to work without supervision
- Ability to cope under pressure
- Team player
- Effective organizational skills
- Policy development and implementation
- Compliance monitoring and control
- Governance and ethical standards
Timeline
Senior Officer
Amicorp Fund Services
12.2023 - Current
Officer
Maubank Commercial Bank
08.2023 - 11.2023
DMLRO /Compliance Officer
VFS International Ltd
12.2020 - 08.2023
Senior Administrator
VFS International Ltd
05.2019 - 12.2020
Administrator
VFS International Ltd
11.2016 - 05.2019
KYC Analyst, Share Registry Department
Apex Fund Services (Mauritius) Ltd.
08.2014 - 11.2016
Educator in Accounting
Iteach Ltd
08.2013 - 07.2014
Accounts Clerk
Il Moro Di Venezia Ltee
01.2011 - 02.2012
Bachelor of Science - Financial Services With Law
University of Technology, Mauritius
Certificate - Banking Operations And Management
Knowledge of The Arts Ltd
High School Diploma -
Swami Sivananda State Secondary School
International Graduate Diploma - Financial Crime Compliance
The Financial Services Institute
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