Manager
Deloitte Touche Tohmatsu India LLP
Total years of experience :6 years, 11 Months
Role:
• Overseeing the Financial Crime Compliance (FCC) center of excellence in Bangalore and Chennai, managing a team of approximately 40 professionals. Responsibilities include providing comprehensive FCC training focused on Customer Due Diligence (CDD) and ensuring efficient resource utilization.
• Leading multiple enterprise risk assessments for major public sector and private banks in India, identifying Money Laundering (ML) and Terrorist Financing (TF) risks, evaluating existing controls, offering remediation recommendations, and presenting findings to senior management.
• Spearheading an institutional risk assessment for a leading payments bank in India.
• Providing Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) training to over 50 professionals from a prominent Fintech company in India, including both Senior Managers and junior staff, in preparation for the FATF mutual evaluation.
• Conducting thorough process walkthroughs across various departments to gain insights into operational procedures and identify any process gaps.
• Performing detailed analysis of inherent risks and potential threats that could impact the organization, and developing and implementing effective control measures to mitigate identified risks.
• Assisting multiple Financial Institutions in evaluating their Transaction Monitoring and Name Screening processes to mitigate ML/TF risk.
• Conducting meticulous analysis of the Banks existing Transaction Monitoring Rules and Threshold against regulatory requirements.
• Reviewing policies and procedures associated with the current sanction compliance framework, assessing sanction risks related to trade operations of the Bank.
• Preparing Request for Proposal (RFP) documents, overseeing proposal development, and crafting responses and quotations for organizational services in response to RFPs.
• Developing comprehensive PowerPoint training decks for client training sessions and pitch decks.
Project: Financial Crime Compliance for multiple European Banks
Role:
• Conducted Enhanced Due Diligence and Customer Due Diligence on foreign correspondent banking customers, while identifying trends and patterns in foreign correspondent banking.
• Demonstrated strong KYC processing knowledge across various entity types including Funds, SPVs, Foundations, Trusts, Regulated, Listed, and Private entities.
• Identified inconsistencies in files and collaborated with ACO, BSM, and Compliance units to resolve issues, ensuring lessons learned from QA results were incorporated into daily processing activities, and performed RCA Analysis.
• Supported various financial institutions in reviewing their KYC, Transaction Monitoring, and name screening processes to assist in implementing AML/CFT solutions.
• Contributed to managing overall projects by devising requirements for onboarding the right candidates, setting up teams, providing relevant trainings related to KYC, and serving as a subject matter expert on KYC Projects.
• Worked as a subject matter expert on KYC Projects, managing team queries, updating teams on policy requirements, identifying training needs, and performing 4-eye checks on files reviewed by analysts, acting as the First line of defence.
• Provided process improvement ideas to enhance client experience and liaised with the front office to update them on the adoption status of clients.
• Coordinated with clients in cases of blockers or when the front office was unable to explain requirements to clients.
• Conducted email reviews for fraud investigation and due diligence activities, reviewing financial transaction trails to identify misappropriations that needed reporting to investigative agencies or regulators.
• Conducted investigations into potential irregularities in procurement, vendor selection processes, materials mismanagement, commercial and operations contracts, and Anti-Bribery Corruption (ABC) assignments in companies to detect potential red flags.
• Performed Anti-Bribery and Corruption investigations on issues including fraud, embezzlement, gifts, and educated key stakeholders and operational management on mitigating the risk of fraudulent activity.
I have completed my post-graduation with distinction