Asha Vyas
Hyderabad
Summary
A highly analytical and motivated individual with over 8 years of experience in AML, Transaction Monitoring, KYC Customer due diligence, Client screening, Risk compliance, adverse media & negative news screening. Currently seeking enriching assignments in KYC/AML Operations and Team Management.
Overview
9
9
years of professional experience
Work History
Tax Reporting
Cognizant Technology Solutions India Pvt. Ltd.
Hyderabad
01.2016 - Current
- Reviewing of W-8BEN Individual and Entity,W8-IMY, W9, UKI, UKE, SOW8 and VH forms as per IRS rules and validates the form, so that the clients get US Tax benefits or concessions
- Collect data of the defects observed during auditing / quality check and performs trend analysis
- Work with operations to ensure timely quality audits and fixation of the defects or errors in order to ensure on-time delivery to clients
- Work with onshore on daily work flow and invalidation
- Participate in quality improvement initiatives
- Calibrate data with client auditor or with standard reference
- Standard reference can be a client approved artifact or another analyst
- Ensure that deliverables to clients are defect free or within the client acceptable accuracy levels
- Ensure productivity targets set by the organization are met /exceeded
- Cross trained and working in IB allocations
- Attending stakeholder meetings on weekly governance
- Maintain SLA including TAT and Accuracy of deliverables
- Team Management and allocation of task to the team.
KYC/AML - Process Specialist
Cognizant Technology Solutions India Pvt. Ltd.
Hyderabad
- Current
- Working as a Senior Process Specialist under in a Client Verification Unit team
- For the client (UBS) in their KYC-Risk task force team based in Hyderabad
- On-boarding new clients and also verifying the existing client details in regard to the Customer Identification Program (CIP) through various research sources (i.e., Lexis Nexis, COSIMA, Black book, Equifax, Internal Databases etc.)
- Restricting new and existing client accounts in suspect of any AML issues and also removing the restrictions once the account is verified only after providing the detailed documentation requirement setup by Local Regulatory procedures and policies
- Performing independent checking of KYC through verification of client documents for individual, trust, estate and business accounts estate
- Performing review of domestic and international clients for adverse media/negative news screening alerts that resulted in possible matches
- Requiring compliance from client UBS
- Responsible for identifying and escalating cases like PEP (Politically exposed person) money laundering risk activity, terrorist financing, OFAC clients
- Disposition of high-risk name screening escalations conducted name searches along different business lines
- Escalations of true matches/Potential hits identified to proper units (Market supervisory officer, AML investigations, CAMLO, BAMLO Global sanctions compliance) as part of the procedure
- Executing daily tasks while complying with BSA, AML and US PATRIOT ACT
- Handling team along with analysis of daily/ weekly/ monthly metrics to track performance of individuals
- Allocation of daily cases to the team and performing random quality review, apart from Team Handling, involves daily productivity, performing initial CRR quality check and due diligence according to the risk classification of the client
- Communicate daily updates to Senior Management and Key Stakeholders on the status of clients
- Restricting client accounts, identifying red flag situations and escalating higher risk to Regional Head of Onboarding (RHOB) and Financial Crime team (Fin Crime) to obtain their guidance and sign off
- Contact Financial advisors and branches in order to meet the pending document requirement Identifying Politically Exposed Persons (PEP), Fraudsters and Money Launderers and mitigate risks associated with financial crimes.
Education
Diploma in business management -
Osmania University
01.2019
M.Com -
Osmania University
01.2018
B.COM (Computers) -
Raja Bahadur Venkata Rama Reddy Women's College
01.2013
Intermediate -
New Era Junior college
01.2010
Secondary school -
Oxford Grammar School
01.2008
Skills
- Ability to quickly grasp new concepts and provide effective training
- Excellent in communication, written and verbal both
- Analytical and problem-solving skills
- A team player with the ability to manage the team
- Experience in handling applications like LEXIS NEXIS, COSIMA (compliance structured intelligence management), and Black Book
- Proficient and knowledgeable on all relevant documentation associated with KYC
- Ability to understand the confidential environment of the client data
- Profound knowledge of data websites and applications
- Ability to communicate effectively with other business area contacts to obtain information and resolve issues
Personaltraitsskills
- Ability to quickly grasp new concepts and provide effective training.
- Excellent in communication, written and verbal both.
- Analytical and problem solving skills.
- A team player with the ability to manage the team.
- Experience in handling applications like LEXIS NEXIS, COSIMA (compliance structured intelligence management), and Black Book.
- Proficient and knowledgeable on all relevant documentation associated with KYC.
- Ability to understand the confidential environment of the client data.
- Profound knowledge of data websites and applications.
- Ability to communicate effectively with other business area contacts to obtain information and resolve issues.
Toolsandenvironment
- Consult Work
- Page Center
- MS Office
- Lexis Nexis
- COSIMA
- Black book
Personal Information
Nationality: Indian
Languages
- Hindi
- Marwadi
- English
- Telugu
Disclaimer
I hereby declare that all the above mentioned information is true to the best of my knowledge.
Languages
English
Proficient
C2
Hindi
Proficient
C2
Telugu
Proficient
C2
Marwadi
Proficient
C2
Timeline
Tax Reporting
Cognizant Technology Solutions India Pvt. Ltd.
01.2016 - Current
KYC/AML - Process Specialist
Cognizant Technology Solutions India Pvt. Ltd.
- Current
Diploma in business management -
Osmania University
M.Com -
Osmania University
B.COM (Computers) -
Raja Bahadur Venkata Rama Reddy Women's College
Intermediate -
New Era Junior college
Secondary school -
Oxford Grammar School
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