M P Saravana

Senior Executive | Risk Management & Compliance

• Job Details:Ensured AML and KYC compliance by validating AML processes, verifying client details with exchange records and KRA portal, reviewing client proofs, and categorizing client risk through customer due diligence (CDD) and enhanced due diligence (EDD). Managed reconciliation processes, including clients' ledger, holdings (including T1), collateral fund, uncleared cheques & funds, KYC details, bank balances, running account settlements, and segregation & allocation. Prepared and submitted reports to exchanges covering holdings statements, bank account balances, client funds with clearing members and corporations, running account settlements, investor charters, AML compliance, and quarterly and half-yearly audits. Conducted background checks against sanctions, red flags, breaches, banned PAN lists, FATF, PEP, and other blocked lists; reported suspicious activity to prevent unauthorized trading. Handled client grievances and exchange inspections by gathering, reconciling, and providing required documentation and clarifications to exchanges. Monitored and analyzed risks in hedging positions, mark-to-market shortfalls, margin-traded funds, and physical delivery margins, while overseeing tender and expiry periods in commodity markets and managing devolvement margin and pledge holdings. Generated, validated, and uploaded blocking documents for next-day trading, handled illiquid files for derivatives, currency, and commodity, and managed daily client block debits, shortfalls, and ASM/GSM blocking, including red flag and breach list blocking. Actively participated in mock tests, providing feedback and suggestions to enhance risk management processes and strategies. Generated, validated, and uploaded holdings and T1 holdings, MTF positions, base capital, derivatives, currency, and commodity position files, and managed resident and non-resident client base capital while handling MTF scrip baskets for next-day trading. Managed client creation, reactivation, suspension, closure, and other account activations, ensuring smooth client onboarding and account maintenance. Provided client support by addressing queries related to shortfalls, holdings, script changes, ASM/GSM stocks, VAR margin, and collateral fund updates.