Mridul Pandey
Associate Manager
Bengaluru
Summary
Experienced PGPM graduate in Finance with over 10 years of expertise in KYC & AML. Specialize in Client onboarding, Renewals, and Remediation processes. Proficient in interpreting policies and procedures for flawless execution. Core expertise in Screening and Reference Data, with deep understanding of Anti Money Laundering Global standards. Skilled in stakeholder management, teamwork, and fostering collaboration for organizational success.
Overview
14
14
years of professional experience
5
5
years of post-secondary education
Work History
Associate manager
Deutsche bank
09.2022 - Current
- Responsible for Quality Review of the end-to-end KYC including EDD (Enhance due diligence) & CDD (Customer due diligence) both.
- Local due diligence has been performed for the client based on the client's booking location and risk rating has been calculated for the clients.
- Responsible for stake holder management and resolving the queries/ complaints as primary escalation contact.
- Review and validate client outreach queries submitted by analysts and make decision to determine whether it warrants client outreach or not.
- Maintain the daily productivity and Adhoc tracker of my team.
- Experienced in handling multiple clients' profiles like Guarantors, Corporates, SPVs, Funds and NBFI clients.
- Verifying customer documents to uplift the customer profile for existing customer as per their Risk rating.
- Responsible for sharing KYC updates to the team and providing training to the new joiners.
- Responsible for stake holder management and resolving the queries/ complaints as primary escalation contact.
Team Leader
JP Morgan Chase & Co.
08.2017 - 09.2022
- Worked Client onboarding where responsible for ref data creation, SPN & ECID, end to end full KYC with AMS (Trade ID) creation.
- Working on client on-boarding, performed QC on KYC remediation, periodic reviews & renewals for multiple client types like Corporates, NBFI (Non-Baking Financial Institution), FCB (Foreign Correspondent Bank), Funds (Private Funds, Hedge funds and Mutual Funds).
- Working on CDD (Customer Due Diligence) & EDD (Enhanced due diligence), AML questionnaire & AML sanction risk for Corporates, Banks, Funds & NBFI (Non-Baking Financial Institution) customers.
- Performing the LDD (Local due diligence) as per regulatory requirements for U.K., Germany & France.
- Analyse client data, documentation, PEP & negative news in order to determine Client Risk Profile.
- Performed OFAC & Sanctions, screening and PEPs identification. Reviewed potential negative news hits across Global Client Management divisions.
- Worked on MIFID 2 as per update and has to fulfil the categorization of clients on the basis of client type and nature of the client's business.
- Conduct investigations on databases such as LEXIS NEXIS and client central, CDD (Colt), SKYC to analyse and evaluate the risk posed by the client based upon the client's business functions and its financial activity.
- Completed analysis of transactional information to identify risk, trends and potential activity.
- Having good knowledge of MIFID, CFT, Fin Cen, OFAC, U.S. Patriot Act, FATCA, FATF and Wolfsburg concept.
B1 Analyst (Maker Role)
WIPRO Ltd
09.2014 - 08.2017
- Worked on KYC remediation & renewal process for Corporates, NBFI (Non-Baking Financial Institution), FCB (Foreign Correspondent Bank), Funds and SPV's customers, Funds (Private Funds, Hedge funds and Mutual Funds) using CRDU (Customer Reference Data Utility), MDD (Minimum Due Diligence), EDD (Enhanced Due Diligence) and LDD (Local Due Diligence) to complete end to end KYC process of clients.
- Followed regulator guidelines of different geographies like APAC (Asia Pacific), EMEA (Europe, Middle East & Africa) and WHEM (Americas).
- Worked on RBA (Risk Based Approach), Screening of PEP, Negative media search and identify potential high risks of money laundering through degree of risk on the basis of Low risk, Medium risk, High risk and customer's relation with sanctions and high risk countries.
- Worked on SPDD (Specialized Due Diligence), AML Call report, AML questionnaire & AML sanction risk for Banks, Funds & NBFI (Non-Baking Financial Institution) customers.
- Local due diligence has been performed for the client based on the client's booking location and through E-RACM risk rating has been calculated for the clients.
- Monitoring and evaluating the quality of Work & achieving the accuracy level with high productivity.
- Collecting financial and required information of clients as per regulators & corporate requirements through publicly available source like client website, LexisNexis, Banker's almanac, Bloomberg, market.ft.com and internal source (SKYC and I-Search).
- Worked on ADD (Account due diligence) and monitoring the transaction amount if any inconsistency or zero-dollar value for Wire transfer, Cash, Check Credit and Domestic ACH.
AQM
IndusInd Bank Ltd
08.2011 - 12.2013
- Analysis of overall Loan & credit data, KYC and credit profiles of current banking and prospective clients.
- Analyse the risk to the company of its customers not paying for products and services or defaulting on loans.
- Using Microsoft excel to prepare business report.
- Working on excel reporting which is generated on weekly basis to analyse the risk factor of the loans for different servicers based like credit card and loans.
- Risk control considering fraud analysis through verifications and KYC process.
- Analysis credit data and financial statements to determine degree of risk involved in sanction credit cards and lending money to the customers.
- Evaluate customer records and recommend payment plan based on earning, savings money, payment history and purchase activity.
- Co-coordinating with Collection team for recovery of debts.
- Prepare reports on overall risk involved in credit and lending money and financial background of customers.
Education
Post Graduate Program in Management - Finance & Marketing
International School of Management Excellence
01.2010 - 01.2012
Bachelor of commerce - undefined
University of Allahabad
01.2007 - 01.2010
Skills
KYC Onboarding and Documentation/Verification
Quality Control
Renewals/ Remediation
Reference Data
Screening
Effective communication
Team Building & Leadership
Stakeholder Management
Management Information Systems (MIS)
Achievements Personal Traits
- Participated in 'Business Analytics Game' conducted by Carnegie Mellon University, USA and emerged as a winner during PGPM from Apr'11-May'11.
- Appreciated with 'Reward and Recognition' spot award for outstanding and best performance in WIPRO BPS and JP Morgan Chase & Co.
Personal Information
- Hobbies: Keen to know the happenings in Indian and global corporate issues, Gardening, Tourism, Playing Cricket, Music, Cooking, Making new friends
- Passport Number: Yes
- Date of Birth: 07/02/88
- Marital Status: Married
Strength
Attention to punctuation
Self-motivation and organization
Quick Learner
Productive time management
Technical Expertise
Python
Microsoft Office
Power BI
SAS Base
My SQL
Statistics & Data presentation
Timeline
Associate manager
Deutsche bank
09.2022 - Current
Team Leader
JP Morgan Chase & Co.
08.2017 - 09.2022
B1 Analyst (Maker Role)
WIPRO Ltd
09.2014 - 08.2017
AQM
IndusInd Bank Ltd
08.2011 - 12.2013
Post Graduate Program in Management - Finance & Marketing
International School of Management Excellence
01.2010 - 01.2012
Bachelor of commerce - undefined
University of Allahabad
01.2007 - 01.2010