LAVINA JAIN
CAMS
Mumbai
Summary
ACAMS-certified Financial Crime Prevention professional with over 7 years of extensive experience in KYC (Know Your Customer), AML (Anti Money Laundering), and FCC (Financial Crime Compliance).
Overview
12
12
years of professional experience
8059
8059
years of post-secondary education
2
2
Certifications
Work History
Assistant Manager - Senior Risk Analyst
BNP Paribas ISPL
08.2021 - Current
- Part of the Anti-Bribery Corruption & Anti-Tax Evasion KYS Team under Procurement Department.
- Performed Know Your Vendor (KYS) and Know Your Customer (KYC) checks (due diligence and risk assessment completion) on a large volume of Vendors against Anti- Bribery & Corruption and Anti-Tax Evasion regulations.
- Completing the Risk Assessment by outreaching Contract Owner & Vendors for additional details, for identifying the final risk of the business engagement with Vendor.
- Performing a Checks according to the final risk, drilling down the Ownership to identify the UBOs in case of Medium & HighRisk Vendor's engagement. Making use of the Government Registries for Validating the Vendors business details and making record of the Document upload on RSL (Reference Vendors List) Ensuring that all the high risk Vendors are screened properly.
- Highlighting Any Red Flags/Negative News/Adverse news profiles and reaching out to compliance team for their opinion/approval on the profiles.
- Performing periodic reviews / Reverse KYC / Recertification as per the risk rating of the Vendors ensuring there's a valid signed contract between Vendor & BNPP for the periodic services and for the entities.
- Searching & investigating from the public sources in case of any red flags/negative alert found on the profile.
- Ensuring there's no breach in terms of payments from Vendor.
- Intimating the Accounts payable team to block the Vendor in case of Name change/Address Change considering the Ad hoc Trigger Event.
- Identifying the PEPs, Sanctions Touch points & SDNs and proceeding with checks as per Compliance team's instructions.
- Ensuring the use of the latest SOPs guidelines while screening the profiles, and annotating the documents properly for easy reference of four eye team. Performed risk-based analysis and remediation for business and Vendors accounts as per banking guidelines. Implementing regulatory guidance procedures for performing Due Diligence.
- Monitoring the Contract signed by the Supplier and BNPP took place and then giving green Light to the Payments team for payment of Invoice.
- Monitoring the Group Mailbox escalation and allocating cases for Onboarding/ Recertification to individual analyst to complete the KYS.
- Performing Publishing monthly/weekly MIS reports on the milestones achieved to senior management.
- Supervised day-to-day operations to meet performance, quality and service expectations.
- Co-operating with controls team to re-check & verify that the process is being aligned with the regulatory requirement
AML Surveillance Analyst
UBS Business Solutions (India) Private Limited
06.2019 - 04.2021
- Was a part of the Anti-Money Laundering Surveillance Team under the Group Compliance Regulatory & Governance Department.
- Conducted Transaction monitoring analysis of transactions alerted with the KYC profile on monthly basis by the system followed by investigating the parties involved for potential red-flags in line with ensuring significant issues and potential financial crime incidents are escalated to the relevant stakeholders.
- Scrutinize the transactions from the reports generated for the alerted account for different LOB's such as Private banking, Financial Services, Correspondent Banking etc. associated with the different risk levels of the customers accordingly.
- Identifying the parties from the transactions.
- Conducting the background screening on entities and/or individual using both public domain and database search services through various portal and domains provided by the company eg Cosima , Factiva , Actimize, Consultwork , Google etc.
- Reviewing with help of Enhance Due Diligence (EDD), Customer Due Diligence (CDD) as well as identifying PEP, all the adverse media, Positive/Negative match and AML or Non AML related news as well as suspicious actives conducted for the clients.
- Creating search and review assessment packets for the US analysts to leverage during the review of potentially suspicious actives. Submission and coordinating with the Quality check team for final flow in the system of KYC.
KYC Analyst
Thomson Reuters LMS
07.2017 - 07.2018
- Employed at the Mumbai office in the Regulatory Mapping and Compliance Department for the Legal Managed Services division, working in collaboration with teams in Malaysia and Poland.
- Remediated a Customers KYC records in accordance with client's Customer Identification Programme (CIP), Customer Due Diligence (CDD) and Enhance Due Diligence (EDD).
- Responsibilities include reviewing, researching and analysing media articles/company filings, from open media search, online databases and government departments, and creating due diligence/KYC reports for individuals and varying entity types into Government entities Financial companies, NBFC, Charity, trust etc. from both English speaking and non-English speaking jurisdictions.
- Extract the client information and relevant data from the internal system.( information & Documents which may be obtained during client on boarding period).various public sources and analyze the same.
- Conduct screening and identify potential risk factors associated with companies and individuals and accurately filtering information to meet client requirements. Identified Politically Exposed Persons (PEPs), connected PEPs, associated PEPs, and ultimate beneficial owners (UBOs) using World-Check, escalating any exact or potential matches in accordance with compliance procedures.
- Initiate the screening for the related parties viz. authorized signatories, Directors & parent company of the client. WORLD check of signatories.
- Based upon the screening Results conduct the EDD for the client.(For PEP, negative media news,etc).
- Submission and coordinating with compliance and quality check team for final flow in system of KYC.
Relationship Manager (Internship)
I Can Financial Solution
01.2016 - 01.2017
Sales Person (Internship)
Birla Sun Life Insurance
01.2016 - 01.2017
Assistant Auditor (Internship)
Parmar & Co.
01.2014 - 01.2015
Education
M.Com - Accountancy & Management
Mumbai University
Bachelor in Banking and Insurance (TY BBI) -
Jai Hind College
Mumbai, IndiaH.S.C -
K.P.B. Hinduja College
Mumbai, IndiaS.S.C -
J.B. Vachha High School
Mumbai, IndiaSkills
Risk assessment
undefinedCertification
Certified Financial Planner (CFP), 08/18, FPSB India (Financial Planning Standard Board)
Languages
English
Hindi
Marathi
Timeline
Association of Certified Anti- Money Laundering Specialist (CAMS)
06-2025
Assistant Manager - Senior Risk Analyst
BNP Paribas ISPL
08.2021 - Current
AML Surveillance Analyst
UBS Business Solutions (India) Private Limited
06.2019 - 04.2021
KYC Analyst
Thomson Reuters LMS
07.2017 - 07.2018
Relationship Manager (Internship)
I Can Financial Solution
01.2016 - 01.2017
Sales Person (Internship)
Birla Sun Life Insurance
01.2016 - 01.2017
Assistant Auditor (Internship)
Parmar & Co.
01.2014 - 01.2015
M.Com - Accountancy & Management
Mumbai University
Bachelor in Banking and Insurance (TY BBI) -
Jai Hind College
H.S.C -
K.P.B. Hinduja College
S.S.C -
J.B. Vachha High School
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