Jince Joseph
Bangalore
Summary
Accomplished Senior KYC Analyst with a robust history of enhancing compliance frameworks, evidenced by a 40% increase in due diligence efficiency and a 30% reduction in client onboarding time. Adept at leading targeted training initiatives that resulted in a 25% improvement in verification accuracy and the successful implementation of a risk scoring model that doubled the detection of high-risk entities. Recognized for directing critical EDD processes and regulatory audits, contributing to a 35% rise in the identification of suspicious activities, and maintaining an unblemished record of compliance, safeguarding the firm's reputation and operational integrity.
Overview
5
5
years of professional experience
Work History
KYC Senior Analyst QC
KPMG Global Services
Bangalore
09.2022 - Current
- Involved in end-to-end KYC process and periodic reviews.
- One of the key responsibilities will be coordination and collection of client-specific information and completion of documentation to assist in the onboarding of new clients.
- Performing ongoing customer due diligence, including maintenance and updating of AML and KYC records and information, for existing clients.
- Furthermore, this role will identify and escalate any suspicious or unusual matters to AML and Line of Business Compliance for further investigation.
- Promote and sustain strong engagement and mutually beneficial relationships with key internal business stakeholders.
- Liaise with internal and external clients, ensuring compliance.
- Onboarding of clients
- OFAC verification of new accounts - CIP/KYC verification data updates and escalations.
- Developed complex financial models for forecasting and budgeting purposes.
- Prepared presentations on results of analysis for management team.
KYC Analyst
Ernst & Young LLP (E&Y)
Bangalore
11.2021 - 09.2022
- Customer identification, like verifying basic customer information such as name, date of birth, address, and identification documents like passports or national ID cards.
- Determining the potential risk of money laundering or terrorist financing activities based on factors like the customer's occupation, transaction patterns, and country of residence.
- Enhanced Due Diligence (EDD) for higher-risk customers, such as politically exposed persons (PEPs) or high-net-worth individuals.
- Verify with international sanctions lists to ensure they are not dealing with individuals or entities subject to economic sanctions or embargoes.
- Monitoring customer transactions for any suspicious or unusual activities.
- Reporting Suspicious Activities: If any suspicious activities or red flags are identified during the KYC process or ongoing monitoring, report them to the appropriate regulatory authorities.
Senior Finance Associate
Trigent Software Solutions
Bangalore
03.2021 - 11.2021
- Works at leading Bank in Australia, strong and up-to-date understanding of anti-money laundering (AML) regulations.
- Manage customer onboarding verification process to ensure compliance with AML rules and regulations, including the review of quality and completeness of customer due diligence.
- Review client accounts for potential matches to designated sanctions targets and prohibited persons lists.
- Independently conducts enhanced due diligence reviews of clients during the account opening process.
- Highly analytical, organized, and possess decision-making skills related to the filing of Suspicious Activity Reports as appropriate.
- Prepare and lead AML trainings of targeted divisions within the Firm.
- Reviewing the Australian accounts through the EBOBS Transaction Report (ETR).
- Freezing the accounts if we find suspicious activities or patterns in the transactions.
- Raising the ticket and mailing it to the concerned department for further action.
Assistant Manager
Kotak Mahindra Bank
Kerala
11.2019 - 02.2021
- Involved in analysis of daily disputes to prevent further fraudulent activities.
- Has suggested to frame a rule to the manager, based on the analysis, along with the complete report.
- Doing analysis on the framed rules to identify the false positive cases and to make the rules more efficient.
- Analyzing team performance and taking necessary actions for improving and supporting the team members when they are handling critical issues.
- Suggested the best way to pick the abnormal transactions done through various channels like Point of Sale, ATM, and E-commerce.
- Assist in the development and implementation of centralized KYC/AML ownership protocol and develop a strong working relationship with the RMs dealing with corporate clients for KYC verification.
Business Associate
Federal Bank
Kerala
06.2019 - 09.2019
- Contractual job with Agree Staffing Services to help account in account opening process.
Education
Masters in Business Administration (MBA) -
Jain University
Bangalore06-2024
Bachelor of Commerce -
Kannur University
12.2018
Skills
- AML KYC
- CDD
- EDD
- Sanctions
- Organizational skills
- Attention to detail
- PEP screening
- Adverse Media screening
- ABC screening
- High quality work under pressure
- Stakeholder communication
- Collaboration
- AML laws and regulations
- Continuous process improvement
- Observation
- Decision making
- Communication
- Multi-tasking
- MS Excel
Websites
Accomplishments
- Best Performer Award from Kotak Mahindra Bank Ltd
- Client Appreciation from Accenture
- Client Appreciation from KPMG Global Services
- 98.91% QA Score from Client
References
- Vikas M, KPMG Global Services, Manager, vikasm4kpmg.com, 9886507205
- Naveen Jayavel, Ernst & Young, Manager, naveen.jayavel@in.ey.com, 8067275000
Projects
Goods And Service Tax, Study about the impact of GST In East Elery Grama panchayath, 2018
Disclaimer
01/10/2024, Bangalore, I hereby declare that all the above information is true to the best of my knowledge and belief.
Timeline
KYC Senior Analyst QC
KPMG Global Services
09.2022 - Current
KYC Analyst
Ernst & Young LLP (E&Y)
11.2021 - 09.2022
Senior Finance Associate
Trigent Software Solutions
03.2021 - 11.2021
Assistant Manager
Kotak Mahindra Bank
11.2019 - 02.2021
Business Associate
Federal Bank
06.2019 - 09.2019
Masters in Business Administration (MBA) -
Jain University
Bachelor of Commerce -
Kannur University
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