Kausik N S
Summary
Dynamic compliance professional specializing in AML and transaction monitoring. Proven track record in optimizing detection systems and ensuring regulatory adherence at leading financial institutions. Skilled in stakeholder reporting and process improvement, enhancing team proficiency and operational efficiency.
Overview
7
7
years of professional experience
Work History
Senior Financial Crime Investigator
ERNST & YOUNG
Hyderabad
09.2024 - Current
- Led the Forensics team in live payment screening, enhancing AML alert detection
- Executed comprehensive screening operations for Wells Fargo project, maintaining high regulatory compliance standards.
- Managed daily end-of-day data reporting to stakeholders, enhancing transparency and accountability throughout processes.
- Developed training programs for new hires, improving team consistency and proficiency in screening processes.
- Conducted in-depth Data Risk Assessments for HSBC project to align transaction monitoring with global AML regulations.
- Analyzed transaction monitoring rules, reducing false positives and improving suspicious activity detection.
- Ensured data integrity within transaction monitoring systems, identifying discrepancies to enhance detection capabilities.
- Collaborated with IT and Operations to improve process efficiency and ensure compliance.
CSO
MUFG
Dusseldorf
10.2023 - 11.2023
- Developed and implemented transaction monitoring procedures to ensure compliance with Anti-Money Laundering regulations.
- Conducted detailed evaluations of customer accounts to detect potential sanctions violations, escalating complex cases when necessary.
- Provided strategic advice on trade finance solutions, enhancing transaction efficiency while ensuring compliance with international standards.
- Executed risk assessments on customer accounts to detect potential sanctions violations.
WKO Team Lead
JPMORGAN CHASE & CO
12.2022 - 08.2023
- Conducted comprehensive evaluations of local due diligence procedures across multiple product lines to ensure regulatory compliance.
- Performed Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), and Specialized Due Diligence in accordance with regulatory standards.
- Ensured distribution of Terms of Business and client consent documentation for MiFID/MiFID II products to uphold UK regulatory standards.
- Managed client renewal processes and new client onboarding, emphasizing risk assessment and communication with middle office and clients.
- Implemented EMI Regulation protocols to address non-AML regulatory requirements for entities in Markets/Platform services.
- Executed Account Due Diligence while maintaining adherence to compliance protocols and standards.
Financial Crime Compliance Officer
CREDIT SUISSE
09.2019 - 06.2022
- Executed comprehensive Global Periodic Reviews to ensure compliance with international sanctions regulations.
- Streamlined client onboarding processes, focusing on due diligence and compliance.
- Managed Amendments and Background Screening operations, enhancing compliance program integrity.
- Utilized Faction and Lexis Nexis for in-depth third-party investigations, including shareholders and UBOs.
- Conducted meticulous Transaction Monitoring, reviewing and addressing alerts based on risk levels.
- Contributed to development and maintenance of a robust sanctions compliance framework.
- Performed timely event-driven reviews for swift notification of suspicious activities under MAR.
- Evaluated low and high-risk Foreign Correspondent accounts, reinforcing AML and sanctions compliance.
- Conducted thorough reviews of internal policies and compliance programs to ensure alignment with regulatory changes.
Compliance Analyst
COLLABERA
01.2019 - 09.2019
- Spearheaded a successful IP remediation project for regulated agents and mutual funds, ensuring compliance with regulatory standards, and achieving exceptional quality results ahead of schedule.
- Oversaw new client onboarding, periodic renewals, and amendments processes, maintaining strict adherence to regulatory requirements and procedural protocols for a varied client base.
- Conducted comprehensive quality checks for due diligence procedures across 19 client types, including private, public, funds, banks, and PIC, to guarantee the accuracy and integrity of compliance reviews.
Education
Bachelor of Engineering - Computer Engineering
SCSVMV
05-2018
Skills
- Risk assessment
- Fircosoft expertise
- Compliance training
- Sanctions monitoring
- Financial crime investigation
- AML
- Transaction monitoring
- Regulatory compliance
- Fraud detection
- Client due diligence
- Relationship management
- Process improvement
- Stakeholder reporting
- Problem solving
- Team collaboration
- Attention to detail
- Action planning
Languages
English, Native
Timeline
Senior Financial Crime Investigator
ERNST & YOUNG
09.2024 - Current
CSO
MUFG
10.2023 - 11.2023
WKO Team Lead
JPMORGAN CHASE & CO
12.2022 - 08.2023
Financial Crime Compliance Officer
CREDIT SUISSE
09.2019 - 06.2022
Compliance Analyst
COLLABERA
01.2019 - 09.2019
Bachelor of Engineering - Computer Engineering
SCSVMV