Ashok PDLN
Senior Business Solution Analysis Lead
Summary
Experienced Sr. Business Solution Analysis Lead at Deloitte Risk & Financial Advisory with over 10+ years in the Financial Crimes Risk Managment. Specializes in KYC and Anti Money Laundering (AML) Compliance, Risk Management, and Quality Assurance. Subject matter expert on AML policies, regulations, Customer Identification Program (CIP)-Customer Due Diligence (CDD) / Enhanced Due Diligence (EDD), Transaction monitoring, Control Testing.
Overview
11
11
years of professional experience
Work History
Sr Business Solution Analysis Lead – Risk & Control
Deloitte Risk & Financial Advisory
05.2021 - Current
- Lead a team of 25 professionals responsible for activities aligned with the KYC review and remediation for corporate customers.
- Experienced in developing remediation plans, drafting procedures, process design & implementation.
- Test effectiveness of internal controls and generated comprehensive reports on audit findings including identification of severe control deficiencies and recommendations on improvement of internal controls.
- Experience in working with AML Transformation Project, In which he prepared AML Policies & Procedures for Investigation.
- Implemented remediation plans for Wealth Management, Wholesale, and retail banking operations, with customer base spanning across the world.
- As a KYC subject matter expert, performed CDD, EDD, transaction reviews, sanctions & negative media screenings, source of wealth due-diligence, risk review memos etc., for high and very risk clients (including corporate customers with complex entity structures).
- Subject matter expert on AML policies, regulations, Customer Identification Program (CIP)-Customer Due Diligence (CDD) / Enhanced Due Diligence (EDD), Transaction monitoring and fraud detection.
- Assisted multiple banks to assess the AML risk posed by their customer base by developing a customizable AML risk assessment tool that auto calculates the risk based on multiple parameters and factors.
Business Risk & Control Associate / Lead (Financial Crimes Risk/Control testing)
Wells Fargo India
06.2016 - 03.2021
- Manage AML/KYC-related KPIs (key performance indicators) for the team to ensure consistency in quality and timeliness of completion.
- Proactively lead, participate and develop a strong partnership with the business, through regular communication and engagement with key senior management.
- To have management responsibility of a team of KYC analysts who perform comprehensive KYC checks and assessments of the bank's clients.
- Performing comprehensive Client on boarding & periodic reviews of client's KYC profiles across different business industries, regions and with different risk ratings, Collecting and updating all needed information and documents in line with approved procedures for client identification.
- Identifying risk factors associated with clients such as: exposure to sanctioned countries, involvement in vulnerable business activities, complex ownership structure, negative news, politically exposed persons, high risk products; initiating and managing an escalation process; obtaining relevant approvals from AML Compliance approval Team and Senior Management.
- Collecting documentation in line with local and global regulatory requirements; using appropriate internal and external systems and databases (company registers, regulators, listings, Dun & Bradstreet, Bankers Almanac, Lexis-Nexis, World Check), direct contact with international corporate clients; ensuring appropriate and confidential handling and sharing of sensitive information, running negative news checks on Entities and Individuals(CEO's , Directors, PEP etc.), identify red flag situations, escalating higher risk and other AMLC situations, performing sanctions searches, Classification of clients from a risk and regulatory perspective.
- Maintaining a comprehensive knowledge of all current AML procedures and internal systems related to the KYC Review Program.
- Extensive knowledge of current anti-money laundering regulations, laws, policies and reporting requirements per the Bank Secrecy Act and USA PATRIOT Act.
- Providing the Quality metrics for the different teams (On boarding, Periodic Refresh & Data quality exceptions) in wholesale banking to the senior management.
- Lead for the initiatives COPIS, FMEA, CTQ Matrix, and RACI.
- Currently managing and liaising with different teams at functional level of KYC.
- Drafting escalation and escalating Negative Hits, Negative news to Fin-Crime to obtain Signoff.
- Liaising with different line of business (LOB – Onshore & Offshore), including senior management regarding the KYC Refresh process and improvement process.
- SME for the business transaction of the process in wholesale banking.
- Pilot team member for the initiation of different processes like Cash vault, Front line monitoring and relationship Memo.
- Responsible for providing Key process indicators (KPI, KRI, KCI) for the process under the wholesale banking (OB,PR,DQE,QC) to the Global delivery Risk management team.
- Responsible for identifying different risks in the process and categorize the process rating.
Specialist (Financial crime surveillance unit)
Standard Chartered Global Business Services
03.2014 - 06.2016
- Handling Customer based and account-based alerts, performing investigation on the transactions happened during the review period for INDIA, US Transaction Surveillance Unit.
- Liaison with Relationship Managers to obtain information on business activities and financial transactions to better understand the risk exposure of the bank and document findings pursuant to KYC policies.
- To provide pro-active support to Transaction Monitoring Unit (TMU) in the respective country and ensure all Group standards of conduct are followed, so as to protect and enhance the reputation of the Bank with its regulators and avoid significant financial loss.
- Review of all new clients through due diligence procedures including the review of KYC documentation, public record research and AML procedures.
- Escalate queries with business lines regarding source of funds, customer's background, transaction activity and recommend relationship retention or termination, and track account closures as required.
- Responsible for identifying different risks in the process and categorize the process rating.
Education
Bachelor of Technology -
JNTU
Kakinada, India 04.2001 -
Skills
Risk & Controls
Certification Summary
- Certified in AML/KYC Risk management professional, IIBF (Indian Institute of Banking & Finance)
- Process excellence Certified
Training And Development
- Trained 100+ Team members on the business transition from vendor to Client Location.
- Structuring & managing teams by providing them with necessary training for AML KYC processes. Also planned training as per need analysis, refresher session and monthly process knowledge tests.
Lean Ideas And Cost Saving Projects
- Mapping of Master excels to workflow tool with the SharePoint with a Cost saving of 2,000 USD$.
- Backup trigger tool with a Cost saving of 29,673.69 USD$ and 1.67 FTE benefit.
- Business transaction of work from vendors (EY & Deloitte) to Client (Wells Fargo).
- Improving Production Availability within the process resulting in 4 FTE benefit.
- Reducing the reroutes within the department resulting in 2 FTE benefit.
- Reducing of Manual effort by building automated Macro for generating quality reports.
Technical Skills And Knowledge
- Hands on experience in Advanced Excel with VBA macros and creation of Dashboards.
- Creating Automation tools with the help Excel Macros.
Disclaimer
I hereby declare that the above written particulars are true to the best of my knowledge and itself.
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Accomplishments
- Used Microsoft Excel to develop inventory tracking spreadsheets.
- Supervised team of 20 professionals.
Timeline
Sr Business Solution Analysis Lead – Risk & Control
Deloitte Risk & Financial Advisory
05.2021 - Current
Business Risk & Control Associate / Lead (Financial Crimes Risk/Control testing)
Wells Fargo India
06.2016 - 03.2021
Specialist (Financial crime surveillance unit)
Standard Chartered Global Business Services
03.2014 - 06.2016
Bachelor of Technology -
JNTU
04.2001 -
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Adplatform<ul><li>Roles and Responsibilities</li><li>Hiring and team building</li><li>Managing team’s career progression and performance reviews</li><li>Managing Performance improvement plan and firing</li><li>Mentoring</li><li>Product roadmap planning and execution</li><li>Accountability of the entire delivery execution including the risk mitigation planning.</li><li>Stakeholder management</li><li>Adhering to Apple Privacy and Security Guidelines for platform</li><li>Design and implementation of new architectures and solutions to manage all online services for AdXchange in Apple Ads.</li><li>Design and implementation of new architectures and solutions deliver Budget experimentation in Apple Ads</li><li>Design and implementation of new architectures and solutions to manage data for Ad Platform.</li><li>Creating and maintaining all the data and analytics and revenue pipelines for Ad Platforms</li><li>Driving the solution for data ingestions and data processing across Ad platform</li><li>Defining the Strategy for data governance and data access</li><li>Collaboration with business to deliver relevant data and insight for our strategy and decisions.</li><li>Managing storage, processing, copy/synchronization etc. appropriate to scale</li><li>Enabling machine learning and algorithm groups by proving them right frameworks and data</li><li>Advancing team’s design methodology and quality programming practices and evangelize those techniques across Ad platform.</li><li>Deliveries</li><li>Setup 8+ member team to design and deliver Budget Allocation and Budget experimentation.</li><li>Leading Ad Delivery services team, responsible for delivering various capabilities like query understanding, targeting, fraud etc.</li><li>Delivered and Lead Design for observability for budget, and data platform in Ad platform.</li><li>Setup 11+ members high performing team to handle various business needs such as analytics and micro services for Display Advertising as well as Data Platform</li><li>Instrumental in driving Data Platform throughout the SDLC from inception, design, development, testing and deployment.</li><li>Instilled a strong team culture of high-quality delivery by constructive feedback, cross collaboration, focus and motivation.</li><li>Delivered Realtime and Batch Platform with various integrations</li><li>Delivered new DIP design for Data Platform</li><li>Delivered design of all the components of Data processing platform</li><li>Transitioned Display data work to India seamlessly and delivered many critical business impacting features and organizational security initiatives.</li><li>Closely worked with various stakeholders to understand the requirements which resulted into efficient remote work culture.</li><li>Seamless Display execution and set up best practices for 24X7 production on-call.</li><li>Tools and Technologies</li><li>AWS, S3, Kafka, Spark, Hadoop, EMR, Hive, Scoop, Flume, Cassandra, Airflow, Oozie, Gobblin, Schema Store, Icloud, Grafana, Kubernetes, Vertica, Alation, snowflake, druid, Iceberg, Java, Scala, IntelliJ, Oracle, MySql, Git, RIO, Spinnaker, Elastic cache, Grpc, Agile.</li></ul> at Apple - Adplatform
GANESHPRASAD HEGDEGANESHPRASAD HEGDE
Business Solution Analysis Lead at Deloitte LLPBusiness Solution Analysis Lead at Deloitte LLP