Summary
Overview
Work History
Education
Skills
Accomplishments
Software
Certification
Timeline
Generic
Kiran B Acharya

Kiran B Acharya

Associate Manager - Standard Chartered GBS
Bangalore,Karnataka

Summary

A result oriented professional with a successful career spanning over 10 years as a Specialist in Anti Money Laundering (AML), Customer Due Diligence (CDD), Compliance, Suspicious Activity Reporting. Highly capable of assuring the effective functioning of a facility to provide an efficient and safe working environment for employees and their activities by using best business practices to manage resources, services, and processes to meet the needs of the company.

Overview

10
10
years of professional experience
1
1
Certification
1
1

English

1
1

Hindi

1
1

Kannada

Work History

Associate Manager

Standard Chartered GBS
03.2017 - Current
  • Financial Crime Surveillance Ops (Anti money laundering & Counter-terrorist Financing – Nigeria Jurisdiction)
  • Key Responsibilities:
  • Detect suspicious transactions by transaction monitoring and assisting in formulating, reviewing and implementing compliance policies revolving around Financial Crimes Compliance (AML/CFT) sanctions compliance and Anti-Corruption matters including compliance training, developing and managing policies and procedures, performing due diligence and risk management
  • Review the cases generated by the Enterprise case management source system to identify the potential money laundering activities for standard Chartered bank and liaise with the AAA procedure & country addendums and in case of suspicious is identified the same is reported to the country
  • Prepare the case analysis report on the customer account activity in case of suspicion and submit the report to In-country FCC which is helpful in filing a Suspicious Activity Report
  • (SAR)
  • A potential suspicious is raised against the transaction conducted by the client of the bank and is fed into the database to be analyzed
  • Performed detailed analyses to detect patterns, trends, anomalies and schemes in transactions and relationships across multiple businesses/products
  • Identifying and reviewing activities of customers, risk assess the potential for money laundering and / or terrorist and timely escalation of suspicious activities if any
  • Ensuring accuracy in investigations of alerts, which are done within the specified (CAD)
  • The alerts are processed with a risk-based approach and the review is acceptable to Internal QC
  • Liaise with the In-Country FCC for escalations in case of any suspicious activity found in the customer transactions
  • Thoroughly and succinctly document the research and analysis related to the financial activity and related entities of Clients, for an audience that includes Management, Regulators, Internal Audit, Senior Managers and Internal Compliance
  • Preparing daily MIS report for team & sharing to the higher management
  • Perform Internal Quality check & Quality check on the assessments performed by the analysts and provide the qualitative feedback for the improvement of work & ensure that all the regulatory requirements are met
  • Ensure that any issues related to technology & process are captured & reported to management in the timely manner
  • Managing the team daily BAU activity of the team & handling the case allocations &other ad-hoc activities
  • Projects Phoenix:
  • Develop project implementation frame work/infrastructure at global & regional level to track program progress against integreted milestones commited for region as required
  • Draft, modify & implement policies guidelines and initiatives to build internal controlling & compliance system of company & ensure compliance with latest laws & regulations of Singapore as well as the holidng company
  • Performing UAT testing on the systems used on the project & providing inputs on the System Enhancements
  • Creat a productive & constructive collaboration & exchanges with the team as well as with other compliance team
  • (e.g., FCC, Control Team & Quality Assurance Team
  • Assume responsibility for quality risk & governance & seek ways to continually improve processes drive efficiencies & automate process through the use of technology where possible.

Process Supervisor

Deutsche Bank
05.2013 - 03.2017
  • CAM Trust Securities and Services/Internal Audit & CAM Cash Management Corporate (US Jurisdiction)
  • Key Responsibilities:
  • Assess the adequacy and effectiveness of the internal control environment
  • Partner with business management by advising on control and recommending corrective action and efficiencies
  • Report to management and the audit committee on the effectiveness of the control environment
  • To perform the KYC procedures on financial institutions adopted by the bank (Deutsche Bank) for various business lines, such as, Cash Management for Corporate [CMC], Trade Finance [TF], and Trust Security & Services [TSS]
  • Develop Industry knowledge, audit practices, leadership skills and development opportunities, and promotes a culture of integrity and high ethical standards
  • Validate and evaluate that the Organization is complying with regulation, Law, Codes of Practices
  • Conduct due diligence inquiries on individuals, firms and organizations suspected of money laundering crimes and terrorist financing crimes, utilizing research and analysis of public records, commercial databases, global media sources and the internet
  • Identifying and reviewing activities of customers, risk assess the potential for money laundering and / or terrorist and timely escalation of suspicious activities if any
  • Ensuring accuracy in investigations of alerts, which are done within the specified Turnaround Time (TAT)
  • The alerts are processed with a risk-based approach and the review is acceptable to Internal/External Auditors and Regulators
  • Communicate effectively with the business units regarding KYC documentation required and clarification of structure and content of the request
  • Conduct review of existing clients within the database to ensure that their documentation is kept up-to-date
  • Liaise with the AML and Advisory compliance for escalations
  • Verifying and approving new accounts/ Periodic Review for the clients adopted in New York region
  • Creating and maintaining reports in Excel that allows the company to get information on daily business activities
  • Client Servicing Responsibilities
  • Managing customer operations & ensuring customer satisfaction by achieving delivery & service quality norms
  • Attending to clients (individuals/corporate clients) concerns & complaints and undertaking steps for effectively resolving them
  • Interacting & developing rapport with all external/internal constituents of client at all levels; for maximum client retention and achievement of revenues

Education

Bachelor of Business Management - Dr

Mangalore University

Skills

Innovative and take initiativesundefined

Accomplishments

  • Supervised team of 19 staff members.
  • Resolved product issue through consumer testing.
  • Collaborated with team of 19 in the development of Project Phoenix.
  • Documented and resolved BAU Application which led to result in efficiency in Case analysis duration.
  • Used Microsoft Excel to develop the projection plan & daily MIS reporting to Senior Management.
  • Achieved Quality & efficiency through effectively helping with daily BAU Activity for the team.


Software

Microsoft Excel

Microsoft Word

Power Point

Adverse Media Screening

Certification

'Certified Due Diligence Professional' (CDDP)

Timeline

'Certified Due Diligence Professional' (CDDP)

03-2023

Associate Manager

Standard Chartered GBS
03.2017 - Current

Process Supervisor

Deutsche Bank
05.2013 - 03.2017

Bachelor of Business Management - Dr

Mangalore University

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Kiran B AcharyaAssociate Manager - Standard Chartered GBS