Praveen Nair
Bengaluru
Summary
At EY, the focus is on fortifying financial infrastructures against crime, leading a dedicated team in the nuanced field of Anti-Money Laundering and Know Your Customer regulations. Our successful implementation of data- centric strategies has substantially bolstered our clients' defenses, ensuring compliance with stringent regulatory frameworks. In this role, we prioritize continuous improvement and clear communication, nurturing a culture of excellence in due diligence. By effectively addressing and resolving complex compliance challenges, our team has made significant contributions to forward-thinking compliance initiatives, setting industry benchmarks in risk mitigation and client onboarding processes.
Overview
18
18
years of professional experience
1
1
Certification
Work History
AML/KYC Assistant Manager
EY
05.2022 - Current
- Led a high-performance financial crimes team, implementing data-driven strategies for proactive identification and prevention, resolving escalated issues, and fostering effective communication
- Conducted comprehensive Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) activities, ensuring compliance with USA Patriot Act and AML/BSA policy requirements
- Championed regulatory compliance by implementing data-driven strategies and contributing to departmental projects
Financial Crime Manager
Genpact
06.2021 - 04.2022
- Led a team of 100+ AML/EDD/PEP Operations Associates, driving high-performance standards and fostering professional growth
- Implemented operational improvements to balance financial crime risk mitigation with operational efficiency and positive user experience
- Proactively identified and raised issues to management, facilitating prompt creation of Corrective Actions and continuous improvement
Risk & Compliance Lead
Accenture
08.2011 - 06.2021
- Led a team of Financial Crime Investigators at Accenture, overseeing KYC reviews, transaction monitoring, and fraud risk assessments
- Collaborated with internal stakeholders to develop strategies for detecting and preventing financial crime, including money laundering and terrorism financing
- Managed relationships with technology and vendor partners to explore joint sales and marketing initiatives for financial crime compliance consulting and products
AML Analyst
Zyme
12.2009 - 06.2011
- Collaborated with the Financial Crime Operations team to prevent financial crimes using cutting-edge technology
- Conducted thorough investigations into internal SARs to detect Money Laundering and Terrorist Financing concerns
- Worked closely with compliance teams to meet legal obligations and ensure fair treatment of customers
Due diligence Associate
HP
01.2007 - 12.2009
- Conducted KYC/CDD analysis for individual customers, ensuring compliance with internal policies
- Executed screening processes to identify potential risks related to money laundering and terrorist financing
- Detected and reported suspicious activities, including predicate offenses, and escalated red flags to the appropriate teams
Education
POST GRADUATE DIPLOMA IN BUSINESS ADMINISTRATION - Finance, Marketing
Symbiosis Institute of Business Management
Pune01.2011
Bachelor of Commerce - Finance, General
Calicut University
Thenhipalem01.2005
Skills
- KYC Verification
- Customer Due Diligence (CDD)
- Transaction Monitoring
- Performance Appraisal
- Team Leadership
- Sanction
- Screening
- Training
- Collaborative Problem Solving
- Client Onboarding
Certification
- ICA Certification - International Compliance Association
- Analytics360 - Analytics Training Institute
- Microsoft Office 365 - Government of Kerala
- EY Artificial Intelligence - Bronze Learning (2023) - ΕΥ
- Six Sigma Green Belt (CSSGB) - Advanced Innovation Group Pro Excellence (AIGPETM)
- EY Finance - Bronze Learning (2023) - EY
Awards
Summit Award - Accenture, Best Performer Award - Genpact, SPOT Award - EY
Timeline
AML/KYC Assistant Manager
EY
05.2022 - Current
Financial Crime Manager
Genpact
06.2021 - 04.2022
Risk & Compliance Lead
Accenture
08.2011 - 06.2021
AML Analyst
Zyme
12.2009 - 06.2011
Due diligence Associate
HP
01.2007 - 12.2009
POST GRADUATE DIPLOMA IN BUSINESS ADMINISTRATION - Finance, Marketing
Symbiosis Institute of Business Management
Bachelor of Commerce - Finance, General
Calicut University
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