T. Dilip Kumar
Bengaluru
Summary
Dynamic Anti-Money Laundering professional with extensive experience at Standard Chartered Bank GBS, adept at investigating complex transactions and strengthening compliance frameworks. Demonstrates strong skills in correspondent banking transaction monitoring while promoting effective team collaboration. Recognized for exceptional research capabilities and a results-oriented approach, ensuring adherence to regulations and safeguarding institutional integrity.
Overview
16
16
years of professional experience
Work History
Senior Specialist/ Associate Manager
Standard Chartered Bank GBS
Bengaluru
09.2014 - Current
- Investigating wire payments and transactions monitored based on a customer profile and purpose of transaction
- Support the day to day investigation activities of Correspondent Banking transaction surveillance for the US
- Supporting the operation of the Anti-Money Laundering, Anti-Bribery & Corruption framework and the department within the wider Financial Crime program and maintaining regional watch list
- To verify and validate customer’s identity & profile, business and account activity, Identify relevant adverse information and do risk assessment for potential money laundering and / or terrorist financing to support actionable decisions to mitigate against financial, regulatory and reputation risk and ensure regulatory compliance
- Measuring alerts based on specific customer factors, such as products, geographic locations, and types of business and other customer factors
- Identifying and reviewing suspicious activities by ensuring all Standards of conduct that should be followed, so as to protect and enhance the reputation of bank and avoid significant loss due to inability to meet compliance standards
- Providing training and mentoring to analysts on investigative techniques
- Conducted enhanced due diligence research of individuals, institutions, trust through LexisNexis and other internet tools
- Performed Enhanced Due Diligence on customers deemed high risk, and suggested account restrictions and/or account closures based on risk to the institution.
Operational Analyst
J.P MORGAN CHASE
10.2010 - 09.2014
- Auditing the bank accounts of retail customers to ensure the Bank Secrecy Act (BSA) policies and procedures are in accordance with laws and regulations of Anti- Money Laundering (AML)
- Monitoring transactions on a risk based approach as lots of money flow out of hedging through brokerage
- The CTR’s work against financial frauds like money laundering, tax evasion, Terrorism funding and FOREX frauds in the retail banking and overall contributes towards protecting the firm’s reputation
- Responsible for analyzing the (PSAR) Possible Suspicious Activity Report received from AML Department and reporting to Internal/External Auditors and Regulations
- Performs the tasks of analyzing and forecasting the volumes for monthly Performance Reviews and reporting to senior management
- Research and analyze the trend of ATM transactions and report to higher management
- To perform a better role through KYC and AML so that we can satisfy and earn the goodwill for our company
- Training all new joiners in learning the process & assisting them to come up the training curve
- To Support team members by Floor walking & responding to queries
- Undertaking responsibilities of removing unnecessary procedures in processes; ensuring uniformity in the process understanding at the client’s and the organization’s end
- Review & amend the CTR’s reported with invalid data fields and prepare analysis
- Implemented checklist to improve accuracy and quality in process
- To draft the SOP (Standard Operating Procedure) and get approval from compliance team and to update the changes being implemented
- To review and provide the documentations for Audit samples during Compliance Audit
- UAT (User Acceptance Testing) Involved in testing the new web based application as per new FinCEN guidelines
- Research, verify and report cash transaction above US $10,000 done at all retail and private branches to the FinCEN as a regulatory requirement.
Accounts Assistant
MYRADA, Mysore Resettlement & Development Agency
06.2009 - 10.2010
- Internal Auditing
- Preparing Financial Statement and Balance Sheets
- Consolidation of Financial Statement (Balance Sheets)
- Maintaining of Staff Housing Loans
- Preparing Project Income and Expenditure Consolidation Statement
- Maintaining of Cash
- Routine Accounts work (PF, Gratuity, Payroll, TDS, Purchase Procedure, Receipts and Payment, BRS and other administration work)
- Application Expertise:
- OFAC sanctions screening solutions -Norkom (Detica), LexisNexis, Accuity, BOWB and Eops.
Education
PG MBA - Finance
Madurai Kamaraj University
01.2013
B.Com (Bachelors Degree - Commerce
Christ College
01.2008
PUC -
Cathedral Composite Pre-University College
01.2005
SSLC -
Sacred Heart Boys High School
01.2003
Diploma in Computer Application -
Diploma - Hardware and Networking
Skills
- Correspondent Banking Transaction monitoring
- Anti-Money Laundering
- Skill Sets:
- Confident attitude, aggressive on meeting deadlines and targets
- Responsive, enthusiastic, and mature in approach Open to critique and suggestions for improvement
- Swift in picking up new things, result driven achiever, can highly acclimatize to work in-group with interpersonal skills
- Excellent research and critical thinking skills, and good communication and analytical thinking skills
Timeline
Senior Specialist/ Associate Manager
Standard Chartered Bank GBS
09.2014 - Current
Operational Analyst
J.P MORGAN CHASE
10.2010 - 09.2014
Accounts Assistant
MYRADA, Mysore Resettlement & Development Agency
06.2009 - 10.2010
PG MBA - Finance
Madurai Kamaraj University
B.Com (Bachelors Degree - Commerce
Christ College
PUC -
Cathedral Composite Pre-University College
SSLC -
Sacred Heart Boys High School
Diploma in Computer Application -
Diploma - Hardware and Networking
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