Abhinav Tandon

Work History

Senior Manager Compliance - AFC

Future Generali India Insurance Company Limited

09.2024 - 05.2025

Reviewing and preparing opinion against proposals involving sanctioned countries.
Managing group-level mandates and aligning the processes and documentation with group standards.
Preparing training materials for anti-money laundering, international sanctions, etc.
Managing activities on group-level reporting tool and other group-level submission mandates.
Conducting control activities on the sanctions management procedure.
Regular monitoring of transaction monitoring tool and ensuring timely updates in the tool.

Assistant Vice President

Apex Fund Services LLP

10.2022 - 09.2024

Responsible to provide required management and daily reports in time
Resolving issues/queries of team members
Working on multiple projects and migration to India team, periodic reviews.
Understanding of current regulatory requirements, knowledge of onboarding, operational activities
Team Management - performed day to day management of team and review performance, implementing/allocating targets to individual and ensuring successful delivery against plan through ongoing coach and support.
Manage a team comprising of analyst and senior analyst and acted as internal subject matter expertise (SME) for the team.
Ensure compliance policies and procedures are compliant with regulatory and group requirements.
Supervise the entire screening process which involved screening of investors and related parties to regulate the use of AML activities through KYC & CDD processes, working knowledge of screening tools viz. World Check
Categorizing errors and reporting quality scores to top level management for training & development purposes.
Responsible for managing the training requirements e.g., new batches, refresher sessions, other ad-hoc trainings.
Attend and complete all mandatory risk and compliance training.

Onboarding Specialist

UBS Securities India Private Limited

08.2020 - 09.2022

All onboarding requests are promptly managed with minimal errors
Coordination with business and AMLC (Compliance)
Ensure that updated internal guidelines are adhered
Attend and complete all mandatory risk and compliance training
Understanding of current regulatory requirements, knowledge of onboarding, operational activities
Experience in onboarding and periodic review
Risk of being exposed to reputation risk or regulatory censure arising from non-compliance with regulations relating to AML/CDD
Ensure client reviews are carried out within regulatory timelines.
Manage daily reporting and MIS to ensure that scheduled jobs are successfully run and aligns to timeliness / completeness requirements.
Manage client on-boarding and periodic review for client’s files to ensure that all KYC and AML documents and information are complete, and manage screening for across various clients.
Approving of all new clients through due diligence procedures including the review of KYC documentation, public record research and AML procedures.
Identifies accurate risk rating for individual/non-individual accounts to highlight high risk jurisdictions, cash intensive/high risk businesses and Politically Exposed Persons (PEPs) or Relatives or Close Associates (RCAs).
Manage quality control of cases to monitor the effectiveness of the process laid down by the organization.

Associate - Client Life Cycle Management

Deutsche Bank AG

01.2019 - 04.2020

The role encompasses of regular review for different entity types across multiple business divisions.
Supervise and perform due diligence of existing clients covering a wide range of different client types.
Manage periodic review workflow, to ensure that all requests are approved in accordance with regulatory requirements and the bank’s internal policies.
Work as the process owner and ensure end to end management of all activities associated with the process.
Part of the internal team, which oversees delivery of end-to-end AML case review training for new hires, practice case reviews, case assessment reviews, policy, and procedures training.
Deputed to liaise with the business, outreach team, clients, and various stake holders to obtain required documents & approvals to complete periodic review within stipulated timelines.
Performed quality checks on KYC files to ensure completeness, accuracy in order to meet global & local regulatory requirements.
Updating daily productivity reports for management review perform the risk assessment of the client to be reviewed
Maintain working knowledge of various internal processes including KOP’s, local regulations & guidelines.
Work as the process owner and ensure end to end management of all activities associated with the process.
Ensure adherence to standards, procedures and identify risk mitigants wherever there is a control issue
Ensured training and knowledge sharing on KYC and regulatory related client classification matters to team.

Consultant - Forensic Investigation

KPMG India

05.2016 - 04.2018

Demonstrating consulting skills in handling assignments related to Due Diligence, KYC/AML Remediation, AML Screening.
Projects -
Global Bank - handled a large global KYC remediation project for corporate banking division of a MNC bank as KYC/AML subject matter expert. Guided the operations team from KYC/AML perspective in terms of policy requirement, regulatory approach and global best practices. Supported a team of 50 members and helped them remediate corporate accounts. Further advised on process, training on new updates released by client, final sign off on the request before submitting it to client.
Global Insurance Company - handled the project which is in the midst of an exhaustive review of its AML framework, subsequent to regulatory fines. Leading KYC remediation project for the company. Also assisting insurance company in developing AML Business Risk Assessment. Gained exposure of AML laws from multiple jurisdictions. Services include the end-to-end AML spectrum: AML/Sanctions Framework Reviews, CDD Standards, KYC Remediation, KYC Gap Analysis, and Risk Assessment.

Consultant - Centre of Excellence - Forensic

PricewaterhouseCoopers Pvt Ltd.

02.2016 - 05.2016

Handled a project on email reviews for an investigation project. Key deliverables covered understanding of the subject, preliminary profiling, pattern/exception analysis, keyword searches, revisit profiling and pattern analysis. While keyword searches have always been adopted as the standard mechanism, a structured approach involving the understanding of the suspect, preliminary profiling, and pattern/exception analysis provided a constructive outcome in the investigation.

Process Supervisor - Client Onboarding

Deutsche Bank Group

03.2015 - 01.2016

Led the KYC remediation processes for the existing clients as per current regulatory requirements client review as per schedule.
Conducted Regulatory and Registry check.
Carried out background check of client and the ultimate beneficial owner through Lexis-Nexis, and secondary research
Liaison with Compliance and Senior Management for remediation purposes and sales for client specific information
Enhanced Due Diligence for high-risk categories of clients.

Analyst CDD - Commercial Clients

Standard Chartered Bank

11.2009 - 01.2015

Managed KYC Remediation and client’s files reviews to ensure that all KYC and AML documents are complete.
Performed due diligence on existing clients through due diligence procedures including the review of KYC documentation.
Performed name screening of individuals and companies through Norkom and reviewed alerts generated by the Norkom screening system and provided second tier approval for investigative escalation of cases meriting further review.
Conducted due diligence inquiries on individuals, firms and organizations suspected of money laundering crimes and terrorist financing crimes, utilizing research and analysis of public records, commercial databases, global media sources and the internet.
Liaison with the business units to approach clients to gather KYC documents. Analyze various corporate documents (Partnership Agreement, Certificate of Incorporation, Corporate Resolution, Trading Authorization, etc.)

Summary

Overview

Work History

Senior Manager Compliance - AFC

Assistant Vice President

Onboarding Specialist

Associate - Client Life Cycle Management

Consultant - Forensic Investigation

Consultant - Centre of Excellence - Forensic

Process Supervisor - Client Onboarding

Analyst CDD - Commercial Clients

Education

Post Graduate Diploma in Business Management (PGDBM) - Finance (Distance Programme)

Chartered Accountant - Intermediate (PE-II) - undefined

Bachelor of Commerce (B. Com.) - undefined

Chartered Accountant - Foundation - undefined

Skills

Certification

Interests

Prior Engagements

Timeline

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