أنيكيت Diwan, Regional Compliance Officer South Asia

أنيكيت Diwan

Regional Compliance Officer South Asia

MoneyGram

البلد
الهند - مومباي
التعليم
بكالوريوس, Commerce
الخبرات
17 years, 2 أشهر

مشاركة سيرتي الذاتية

حظر المستخدم


الخبرة العملية

مجموع سنوات الخبرة :17 years, 2 أشهر

Regional Compliance Officer South Asia في MoneyGram
  • الهند - مومباي
  • أشغل هذه الوظيفة منذ سبتمبر 2015

Responsibilities
• Registered as an Alternate Principal Compliance Officer for MoneyGram with Financial Intelligence Unit Of India
• Policies & Procedures
- Develop & Maintain Market specific compliance policies and procedures and ensure that they remain up to date to minimize compliance or regulatory risk
- Communicate the essential regulatory changes in India to Senior Management and to relevant business unit
• Agent Risk Management Program
- Performing Transaction Analysis of the high-risk agents
- Visiting the high-risk agent location and verifying the KYC documentation collected by the agent for the transactions processed
- Submitting the findings report to the Management and Super Agents for necessary action
• Agent Onboarding
- Verifying the policies & procedures of the Agents
- Verifying the documents submitted by the Agents
- Verifying the documents submitted by the sub agents appointed by the Agents
• Suspicious Transaction Reports (STR) & Cash Transaction Reports (CTR)
- Verifying the Ground of Suspicion for the suspicious transactions identified by the back-office team
- Advice the back-office team if any corrections need to be done for Ground of Suspicion for the suspicious transactions
- Identifying cash transaction more than 1Million INR by receiver
- Filing the STR & CTR with Financial Intelligence Unit Of India
• Law Enforcement Request Management
- Analyzing the Law Enforcement Request that are received from various law enforcement agencies like Financial Intelligence Unit Of India, National Investigation Agency of India, Anti-Terrorism Squad, Crime Branch, State Police
- Collating the data and forwarding the data to law enforcement agencies
• Training
- Providing Compliance training to the Agents as well as sub agents.

Compliance - Analyst في PAYPAL
  • مايو 2013 إلى سبتمبر 2015

Develop & Maintain India Market specific compliance policies and procedures and ensure that they remain up to
date to minimize compliance or regulatory risk
* Communicate the essential regulatory changes in India to Senior Management and to relevant business unit
* Preparing and updating of Obligation Register, assessing the inherent risk for the obligation, assessing the controls
related to obligation
* Performing various compliance testing like
- Monitoring account opening report for newly opened account
- Performing enhanced due diligence for those accounts, whose transaction are more than USD 100K in a
month & approving the accounts for continuation
* Working with Regional Compliance colleagues to implement annual Compliance goals for India
* Actively participating in India specific projects
* Conducting UAT for the compliance related system projects
* Handling the external audit
* Develop training material for various compliance training

Deputy Manager في SOCIETE GENERALE
  • الهند
  • نوفمبر 2008 إلى مارس 2011

Compliance (Private Banking)
Société Générale Bank is a leading player having presence over 33 countries across Europe, the Americas and Asia-
Pacific.
Responsibilities
* Verifying all forms, supporting documents submitted by clients and ensuring their completeness and genuineness
* Performing various checks to verify further details to support the profiling of the client as per KYC norms
* Dealing with lawyers/regulators and investigating of cases of non-compliance of Group Policy, internal fraud and
commercial disputes involving collusion with clients
* Preparing and updating the Compliance Portal with latest development in regard to Compliance functions, policies,
procedures and various guidelines issued by Regulatory Authorities
* Monitoring Employee Trading as per regulatory & banks global guidelines
* Maintaining Various database for reference and records pertaining to Client Database, Consolidation of RBI
Defaulter list and High risk & Sensitive client database
* Performing various compliance testing (AML) like
- Daily transactions statement monitoring for suspicious transactions
- Monthly transactions monitoring including third party transfers for High risk, Sensitive & Non bank PEP
accounts.
- Investment / Product suitability checks on quarterly basis.
- Churning monitoring
- Monitoring of recorded lines of Relationship Managers to check whether the Equity sell/purchase orders
are taken on recorded line.
* Investigating Customer complaints & updating of Complaints register.
* Rendering complete support during RBI audits; Answering audit queries and positively responding to audit
observations
* Conducting compliance training (AML & Regulatory) for the staff.
Handling company secretarial functions of subsidiary company NBFC SG Wealth Management Solutions Private limited,
which includes
* Drafting notice, agenda for Board meetings, Annual General Meetings and maintaining minutes of the meeting
* Maintaining and updating statutory registers, Preparing and filing E-forms at MCA government portal online,
handling correspondence with ROC
Achievements
* Designed Anti Money Laundering tool as per regulatory requirements and received wide appreciation from higher
officials

Deputy Manager في HDFC BANK LTD
  • الهند
  • مارس 2007 إلى أكتوبر 2008

Compliance (Stock Exchange & Correspondent Banking Group)
One of India's leading private sector bank with Pan Indian presence
Responsibilities
* Ensured compliance in terms of Anti-money laundering & KYC norms for Stock Exchange & Commodities Clients
* Designed application for getting RM feedbacks for new CASA transactions and also transaction volume of 1 Crore
& above, in order to automate the above mentioned AML & KYC processes
* Identified and evaluated major exposures to risks for the client organization and business associates and clients
* Implemented operational risk control measures and governance checks aimed at identifying financial crimes and
internal fraud
* Monitored high volume transactions, Foreign inward remittances and reported of any suspicious transactions to
higher officials to prevent fraud and mitigate losses

Compliance Officer في TIMES OF MONEY LTD
  • الهند
  • مايو 2006 إلى مارس 2007

TimesofMoney serves both individual as well as institutional clients through its businesses of Global Money Transfer, e-
Commerce for NRIs, ePayment service
Responsibilities
* Crystallized the parameters of remit transactions booked by remitter online and ensured that the funds reach the
correct ends
* Provided complete product related correspondence to customers for all the above-mentioned money transfer
services provided to partners.
* Verify correct identity of remitter and the beneficiary in accordance with KYC norms
* Reporting suspicious transactions to compliance committee for further process
* Conducting AML training programs for the agents

Trainee Research Associate في GLOBAL TELE LTD
  • الهند
  • نوفمبر 2005 إلى مايو 2006
Internal Audit Executive في PSK & ASSOCIATES
  • الهند
  • مارس 2005 إلى أكتوبر 2005

الخلفية التعليمية

بكالوريوس, Commerce
  • في University of Mumbai
  • يناير 2003

Degree in Accounts & audit

Specialties & Skills

AUTOMATE
BANKING
COMMODITIES
CUSTOMER RELATIONS
DATABASE ADMINISTRATION
DRAFTING
DUE DILIGENCE
EQUITIES
EXECUTIVE MANAGEMENT
POLICY ANALYSIS

اللغات

الانجليزية
متمرّس
الهندية
متمرّس