Levan Bagaturia

AML Investigations:

• Leading and conducting in-depth investigations into complex and high-risk transactions to identifying potential money laundering, fraud, and terrorist financing activities.
• Analyzing transactional data, customer behavior patterns, and historical records to detect anomalies and deviations from expected patterns.
• Generating comprehensive reports detailing findings, supporting evidence, and recommended actions.

Risk Assessment and Management:

• Assessing the risk levels associated with various customer profiles, accounts, and transactions using established criteria and methodologies.
• Collaborating with compliance officers to develop strategies for mitigating identified risks and escalating high-risk cases for further review

Regulatory Compliance:

• Staying abreast of evolving AML regulations, guidelines, and best practices to ensure the organization's AML program remains aligned with industry standards.
• Interpreting and implement regulatory changes, updating policies and procedures as necessary.
• Comprehensive understanding of global AML and sanctions regulations, including AML/CTF laws, USA PATRIOT Act, FATF recommendations, and OFAC guidelines.
• Proficiency in interpreting and implementing regulatory changes to ensure ongoing compliance.

Team Leadership and Mentoring:

• Providing guidance and mentorship to junior AML analysts, fostering their professional growth and development.
• Collaborating with team members to enhance overall team performance, knowledge sharing, and skill development.

Cross-Functional Collaboration:

• Collaborateingclosely with legal, risk management, compliance, and law enforcement entities to facilitate information sharing and investigations.
• Communicating effectively with internal and external stakeholders to ensure a coordinated response to AML-related matters.

Process Improvement:

• Identifying areas for process enhancements within the AML framework, recommending and implementing improvements to increase efficiency and accuracy.
• Contributing to the development and enhancement of AML-related technologies and tools.

KYC - CDD/EDD:

• Conducted thorough customer due diligence (CDD) and Enhanced Due Diligence (EDD) and assessing the risk level associated with various customer profiles.
• Verified customer identities and analyzed provided documentation, ensuring compliance with regulatory standards.
• Utilized AML software and databases to validate information and identify potential inconsistencies.
• Assisted in refining and enhancing the KYC process, reducing false positives and increasing accuracy.

Transaction monitoring:

• Monitored and analyzed large volumes of financial transactions to identify unusual or suspicious activities.
• Utilized transaction monitoring systems and tools to detect patterns, anomalies, and potential risks.
• Conducted in-depth investigations into flagged transactions, assessing potential money laundering, fraud, and other illicit activities.
• Prepared detailed investigation reports, documenting findings and recommending appropriate actions for review.
• Collaborated closely with AML compliance teams to escalate and address potential risks and concerns.

KYC - CDD/EDD:

• Conducted thorough reviews of customer documentation, identifying gaps and discrepancies in information.
• Collaborated with clients and internal teams to gather missing information and update records accordingly.
• Successfully completed [mention any quantifiable metrics, e.g., number of customer profiles remediated, compliance targets achieved].
• Assisted in the development of streamlined remediation workflows and processes to enhance efficiency.
• Involved in remediation project for one of the biggest european bank

Transactions Monitoring:

• Successfully managed both KYC and transaction monitoring functions, demonstrating a well-rounded understanding of AML practices.
• Reviewed and updated customer profiles as part of regular KYC reviews and remediation efforts.
• Conducted thorough investigations into flagged transactions, preparing detailed reports with findings and recommended actions.
• Leveraged knowledge of KYC requirements to ensure transaction monitoring activities aligned with customer profiles and risk assessments.
• Collaborated with compliance officers to escalate and address potential AML and fraud risks.
• Assisted in refining transaction monitoring rules and parameters for improved accuracy.

Customer Due Diligence:

• Conducted comprehensive reviews of customer profiles, assess risk levels, and ensure adherence to regulatory guidelines.
• Verified customer identities through analysis of provided documentation and data, including passports, driver's licenses, and utility bills.
• Maintain accurate and up-to-date records of all customer-related documentation, transactions, and correspondence.

Documentation Management:

• Maintained accurate and up-to-date records of all customer-related documentation, transactions, and correspondence.
• Ensured documentation was organized, accessible, and in compliance with regulatory standards.
• Generated and compiled reports detailing findings, risk assessments, and actions taken.

Regulatory Compliance:

• Stood updated on industry regulations, guidelines, and best practices related to anti-money laundering (AML) and KYC procedures.
• Ensured adherence to relevant laws and regulations, such as the Bank Secrecy Act (BSA) and the USA PATRIOT Act.

Writing a report:

• Writing reports about target individuals or entities (10 - 15 pages on average)
• Using open sources as well as job specific sources such as: LexisNexis, WorldCheck and Dow Jones.
• Working on information in different languages: English, Russian and Georgian