K Hari Haran
Senior KYC Analyst
Bangalore
Summary
Experienced banking KYC analyst professional with over 6 years of experience in applying local and global KYC policies and procedures to ensure compliance with money laundering regulations. Currently a senior analyst at Deutsche Bank Bangalore, supporting the APAC region. Skilled in conducting Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) for high-risk clients, performing risk assessments, and ensuring compliance with AML, CIP, FATCA, and CRS regulations. Proven ability to lead KYC remediation projects, identify process improvements, and collaborate with cross-functional teams to resolve escalations and streamline compliance processes.
Overview
6
6
years of professional experience
4
4
years of post-secondary education
3
3
Languages
Work History
Senior Analyst KYC
Deutsche Bank AG
Bangalore
03.2023 - Current
- Perform end-to-end KYC processing and quality checks on various entities, including corporate clients, partnerships, trusts, foundations, and individuals, ensuring full compliance with AML, CIP, FATCA, and other regulatory standards.
- Manage and prioritize KYC maintenance tasks, including comprehensive review of documentation, tax form processing (W-8BEN-E, W-8BEN, W-9, CRS), and ongoing updates to client KYC information.
- Conduct CDD assessments for new and existing clients, evaluating risk levels and validating client information to mitigate potential fraud and money laundering risks.
- Execute Enhanced Due Diligence (EDD) on high-risk clients, implementing additional scrutiny measures to ensure compliance with AML and CIP policies.
- Conduct risk assessments during KYC processes to identify potential red flags and escalate high-risk clients for further investigation.
- Collaborate with internal teams and front-office to gather and validate CDD information, ensuring accurate refreshing of client accounts in line with jurisdictional policies.
- Review and validate all KYC documentation for accuracy and compliance with internal policies and regulatory requirements
- Maintain and create KYC records for clients in accordance with regulatory standards and audit requirements
- Conduct sanctions screening, PEP, and negative media searches, resolving false positives and escalating potential matches to the compliance team for further investigation
- Engage with senior stakeholders to drive process improvements, enhance customer experience, and implement best practices in KYC processes
- Handle escalated KYC-related emails, providing timely resolutions for complex issues and ensuring adherence to KYC requirements
- Support User Acceptance Testing (UAT) for system enhancements related to KYC processes
- Train new team members on KYC processes to ensure adherence to compliance standards
- Prepare and present MIS and dashboard reports to track pending tasks, turnaround times, and drive process efficiency.
Senior KYC Analyst
Standard Chartered GBS Pvt Ltd
10.2018 - 03.2023
- Comprehensive understanding of KYC, CDD, EDD for both individual customers & Entities.
- Safeguarding KYC due diligence review is undertaken for individual and Entity On-Boarding clients for African Markets.
- Execute due diligence of new and existing clients covering wide range of different client types including Listed and Regulated, small/medium/large private and public companies.
- Verifying all aspects of client identification program (CIP) and necessary account opening documents provided in accordance with KYC.
- Knowledge of PEP, Sanctions, AML, FATCA and CRS.
- Perform routine monitoring of large data of name screening to determine extent of compliance with Regulations, laws, policies and procedures.
- Review Name Screening alerts of retail and Business clients that resulted in possible name matches requiring compliance.
- Validating FATCA form,Validating W9 forms, validation of RMs checklist, Business clients interactive checklist.
- End to end process of Opening account for both Business banking and Individual banking clients, i.e. Opening account in banks internal system, producing debit card,capturing clients photo and signature with operating mandate,setting up clients Internet banking, Mobile banking services and e- statement.
- Ability to handle client queries and also meeting with country.
- Training and other activities to new joiners in team
Education
Bachelor's in Mechanical Engineering -
Sri Sairam College of Engineering
Bangalore 01.2012 - 01.2016
Skills
Know Your Customer (KYC)
Customer identification program (CIP)
Customer Due Diligence (CCD)
Enhance Due Diligence (EDD)
Transaction Monitoring
Risk Assessment and Management
Regulatory Compliance
AML (Anti-Money Laundering)
AML Risk Assessment
Suspicious Activity Reporting (SAR)
AML Investigation
Sanctions Screening
Regulatory Reporting
Client Onboarding
Timeline
Senior Analyst KYC
Deutsche Bank AG
03.2023 - Current
Senior KYC Analyst
Standard Chartered GBS Pvt Ltd
10.2018 - 03.2023
Bachelor's in Mechanical Engineering -
Sri Sairam College of Engineering
01.2012 - 01.2016