Bala Krishnan
Chennai
Summary
Insightful experience of more than 10 years in the areas of Banking industry Compliance Unit. Experience in investigation, process management, team management and client relationship management.
Overview
12
12
years of professional experience
1
1
Certification
Work History
Operations Analyst-B7
NatWest Group
Chennai
10.2022 - Current
- Investigating the Capital market transactions of NatWest Markets. Summary and analysis of findings in reports, relating research information and analyze data obtained through various sources by conducting searches using search engines and websites and look out for any Financial Crime Risk and Sanctions Risk.
- Conducting complete and thorough investigation of assigned AML cases through various internal and external source systems.
- Identified multiple significant cases, red flags and patterns associated with the laundering of illicit funds.
- Mapping the knowledge of the process and processing of the same including quality checking of team member’s and quality analyst work.
- Training & mentoring the staff adequately on the process
- Managing work allocations on the daily basis to enable productive outputs for all team staffs.
- Maintain quality report of team members and sharing the status to senior management
- Supervised QC process (allocation, monitoring), identifying improvement areas and
- implementing new ideas to minimize the risk and be in line with standards of compliance.
Associate Manager / Senior Specialist
Standard Charted GBS
Chennai
07.2014 - 09.2022
- Investigating the Correspondent Banking transactions of SCB NY. Summary and analysis of findings in reports, relating research information and analyze data obtained through various sources by conducting searches using search engines and websites and look out for any Financial Crime Risk and Sanctions Risk
- Supervised QC process (allocation, monitoring), identifying improvement areas and implementing new ideas to minimize the risk and be in line with standards of compliance.
- Part of Level 2 team to perform Enhanced Due Diligence to mitigate the risk on risk based approach and escalate the case if particular activity possess any ML / TF risks
- Leading the Request for Information (RFI) team for US, UAE, Jersey, UK, Hong Kong & Singapore.
- Engaged with country FCC team to ensure the quality of RFI and conducted training to improve to public domain search skill, identifying unusual behavior in client's account
- Being one point of contact RM/ business & FCC for effective workflow in RFI and validating the requirement of RFI
CDD Analyst
Serco Global Services
09.2011 - 02.2014
- Analyzing and validating the client’s by using KYC documents, transactional documents and screening on-boarding, existing client as per banks' AML and sanctions policy
- Work closely with all CDD functions to develop and vet new business requests in an efficient and timely manner, thereby enhancing performance, quality, and accuracy and reducing TAT
- Coordinating with the Dubai and Abu Dhabi, UK Counter-parts and processing unit for effective workflow.
- Authorizing and Quality checking of processed transactions in accordance with the Bank’s guidelines and internal policies.
Education
Bachelor of Computer Application -
University of Madras
ChennaiSkills
- Customer Due diligences
- Transactions Monitoring
- Client Assessment and Analysis
- Account Investigations
- Enhanced due diligences
- Quality control
Certification
Certified Lean Six Sigma White Belt
Online course-Advanced Innovation Group Pro Excellence
Timeline
Operations Analyst-B7
NatWest Group
10.2022 - Current
Associate Manager / Senior Specialist
Standard Charted GBS
07.2014 - 09.2022
CDD Analyst
Serco Global Services
09.2011 - 02.2014
Bachelor of Computer Application -
University of Madras
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