AVINASH KALYANAM
KYC Analyst
Hyderabad
Summary
Achieving excellence in every task assigned through hard work and sincerity. Where I could contribute effectively with my interpersonal skills towards the growth of the organization that offers me professional growth while being resourceful.
Overview
10
10
years of professional experience
Work History
KNOW
- YOUR CUSTOMER / DUE DILIGENCE, Analyzing and researching customer information and credit checks assessing customer risk to ensure compliance with Anti Money Laundering rules and regulations administering all aspects of banks enhanced due diligence policies making recommendations on overall customer risk based on data analysis
- Analyzing and researching customer information to assess customer risk
- Verifies all aspects of Client Identification Program for Individual/Business accounts in Corporate Name Report (Corp Search)
- We will pull Equifax report which identifies accurate Credit Risk Rating (CRR) for Individual/ Business accounts which highlights high risk jurisdictions, cash intensive/high risk businesses
- A customizable risk-based approach checking in Bridger using a customer name and address matching to maximize the accuracy of matches found while minimizing false positives
- Verifying through Customer name in Google/Bloomberg search, if they involved in Anti Money Laundering/Politically Exposed Person (PEP)/Adverse Media
- If they are involved in any of these, raise the alert to compliance team.
KYC Analyst
UBS Business Solutions (India) Private Limited
04.2022 - Current
- Periodic reviews-UK & US Region) in Investment Banking global KYC portfolio
- Performing review on all Risk category clients by initiating the risk rating calculation i.e., low, Medium, High and Higher risk through UBS contracting entities, booking entities, CIP, requirements of country specific standards (CSS) checks, Registry check and regulator checks as per CSS
- Global minimum standards (GMS) as per capacity
- For each review the following activities will be performed on all the clients like Document sourcing (Internally and externally), Background checks, Client outreach, Regulatory and Registry checks while ensuring compliance with both the USA Patriot Act as well as UBS AML/CDD policies
- Identifying all the beneficial owners and connected parties like Ultimate Controllers, Day-to-Day controllers and Authority to Act Individuals of clients and performing screening for the same and ensuring all negative hits identified and disposed according to CDD policies
- Performing the Screening through different tools (i.e., RDC/Grid & COSIMA) for identifying the Sanctions, Politically Exposed Persons (PEPs) and heightened risk individuals and organizations including the potential negative news hits across Global Client Management divisions
- Performing vetting as per Country Specific Standards including sanctions check, Negative news screening, Vulnerable business activities, PEP identification, Source of wealth, Source of funds and Identification of third party fundings if any
- Ensuring the client and business transactions are not related to Sanctioned countries for safeguarding the bank from financial loss
- Collaborate and consult with peers, colleagues, managers and internal and external customers to resolve issues and achieve goals
- Tools: Fenergo, RDC, Cosima, Lexis Nexis, D&B report
Senior Analyst
CDK Global
05.2018 - 04.2022
- CDK Global is the largest global provider of integrated information technology and digital marketing solutions to the automotive retail industry.
Senior Associate
DUE
10.2013 - 05.2018
- DILIGENCE ON VENDOR:
- Procurement team will upload new potential vendor details in Kroll tool
- We will perform Due Diligence in Kroll by running the report on daily basis
- During our due diligence vendor details should match like name, address and services, if required any additional information we will reach procurement team
- Kroll tool gives us a detail summary on vendor if there are any issues like PEP, Adverse Media, Sanctions, penalties etc
- If there are no issues with the vendor, we will approve it in Kroll and if there are any issues with the vendor we will escalate to the legal team with our analysis
- Legal team will also do their analysis on potential vendor and based on their suggestions we will approve or reject the vendor
- TRAVEL & EXPENSES AUDIT:
- Responsible for “Travel and Expense” (T&E) – Prepay & Post pay audits on daily basis
- Review and approve expense reports while ensuring all expenses comply with CDK T&E policy
- Flag the high-risk employees with a trend of potential fraud or abuse to perform dive deep
- Performing duplicate expense audits on monthly basis and requesting employees for refunds on their dual claims
- Monitor T&E policy compliance, communicate non-compliance issues to management, and address issues through training and process management
- Monitoring “Expense compliance mail box” and resolving associate queries
- Application: SAP – Concur, TOAD, Genpact is a global professional services firm that makes business transformation real
- It thinks with design, dream in digital, and solve problems with data and analytics.
Education
MBA - Finance & Marketing
Aurora PG College Osmania University
B.Com: B.Com - undefined
ST Francis Xavier Degree College
Intermediate: Intermediate (MEC) - undefined
Nalanda Junior College
SSC: Little Flower High School
Skills
Technical SkillsOperating system: MS Word, Excel, Power PointSAP – Concur, Toad, Oracle - Navision 16Fenergo, RDC, Cosima, Lexis Nexis, D&B
Problem-Solving
Problem-Solving
High risk account reviews
Verbal and written communication
Additional Information
- Applications: Corp Search, Equifax, Bridger, google Additional Activities: , Preparing QC reports and publishing dashboards Preparing pending responses sheet for every week Controllership Compliance Scorecard Recognitions and Rewards: Received “Best Employee Awards (Bronze)” twice for zero escalations from clients Awarded with spot awards for contribution in special audits and cost saving to company
Timeline
KYC Analyst
UBS Business Solutions (India) Private Limited
04.2022 - Current
Senior Analyst
CDK Global
05.2018 - 04.2022
Senior Associate
DUE
10.2013 - 05.2018
KNOW
MBA - Finance & Marketing
Aurora PG College Osmania University
B.Com: B.Com - undefined
ST Francis Xavier Degree College
Intermediate: Intermediate (MEC) - undefined
Nalanda Junior College
SSC: Little Flower High School