Ajay Y R
Senior Consultant 2
Bangalore
Summary
Professional Experience - KYC, CDD, Screening, Transaction Monitoring, Market Abuse Reporting.
Overview
11
11
years of professional experience
3
3
years of post-secondary education
2
2
Certifications
5
5
Languages
Work History
Senior Consultant 2
EY LLP
02.2022 - Current
- CDD, EDD & Transaction Monitoring/surveillance: (On-boarding, Periodic Reviews / Renewals & Triggers)
- Working on KYC & AML Checks for Corporate & Individual Global Banking Customers. Performing CDD & EDD Procedures for New & Existing customers.
- To have management responsibility of a team of KYC analysts who perform comprehensive KYC checks and assessments of the banks clients
- Performance Management for direct reports.
- Manage KYC Operations project book of work, including strategic program roll out, major and minor system enhancements.
- Perform day to day management of on-boarding and Off-boarding Analysts and Reviewers, including coaching and providing ongoing performance feedback
Lead - Risk & Compliance
IBM India Pvt Ltd
04.2021 - 02.2022
- Transaction Monitoring - Case Level Analysis
- Used transactional and customer records, external data, publicly- available information, and other information to identify suspicious or unusual activity.
- Evaluating multiple scenarios raised on clients & Evaluated wire transfers and other payments for potential fraud, money laundering, patterns and inconsistencies.
- Conducting reviews of transactions/trade surveillance, alerts to detect potential abusive trading activities.
- Identifying and escalating and taking steps to mitigates risks.
- Monitoring issuance of new or revised regulations in US and collaborating closely with business/functional managers to ensure compliance with the regulations, including advising on the implementation of the relevant processes and controls to mitigate regulatory and compliance risk.
Specialist AML
AXA Business Services
07.2017 - 03.2021
- Screening, Market Abuse Reporting
- Monitoring media sources, public records, and other channels to detect any negative or potentially damaging information about customers, counterparties, or the organization itself.
- Conducting thorough investigations into identified risks, gathering evidence, and making informed decisions about appropriate actions.
- Coordinates with Relationship Teams and/or clients to obtain additional information
AML Analyst
WNS Global Services
11.2016 - 07.2017
- Transaction Monitoring & KYC
Analyst
Marlabs Software
05.2016 - 08.2016
- Processing of FATCA forms and performing parent and child analysis
CDD Analyst
HSBC
10.2014 - 02.2016
- Conducting Due Diligence: Perform customer due diligence (CDD) and enhanced due diligence (EDD) following policies and regulations, analyzing structures, and verifying client documentation. Utilize resources for background and sanctions checks.
- Risk Assessment and Mitigation: Assess risks of money laundering and illegal activities, reporting suspicious activities.
- Documentation and Reporting: Maintain accurate records of customer information and documentation.
- Training and Development: Provide training on AML and KYC procedures and participate in awareness programs.
Education
B.Com - Accounting
Bangalore University
01.2008 - 01.2011
Skills
World Check
Lexis Nexis
Due diligence
Bridger
Norkom
MS Office
Tally
Auditing
PEGA
Certification
Certified Anti-Money Laundering Investigator, Ponsun AML Academy
Accomplishments
- Quality Performer Award (Process Wise) - HSBC
- Top Performer Award (Process Wise) - HSBC
- Super Star Award (Process Wise) - HSBC
- Super Star Award (GSC Wise) - HSBC
- Extra Miler Award - WNS
- Super Learner Award - IBM
Job Description
CDD, EDD & Transaction Monitoring/surveillance: (On-boarding, Periodic Reviews / Renewals & Triggers), Working on KYC & AML Checks for Corporate & Individual Global Banking Customers. Performing CDD & EDD Procedures for New & Existing customers.
Team Management
Disclaimer
I hereby declare that the information mentioned above is correct up to my knowledge.
Personal Information
- Father's Name: Ravishankar Y V
- Date of Birth: 12/26/90
- Nationality: Indian
- Marital Status: Married
Timeline
Senior Consultant 2
EY LLP
02.2022 - Current
Lead - Risk & Compliance
IBM India Pvt Ltd
04.2021 - 02.2022
Specialist AML
AXA Business Services
07.2017 - 03.2021
AML Analyst
WNS Global Services
11.2016 - 07.2017
Analyst
Marlabs Software
05.2016 - 08.2016
CDD Analyst
HSBC
10.2014 - 02.2016
B.Com - Accounting
Bangalore University
01.2008 - 01.2011