Summary
Overview
Work History
Education
Skills
Websites
Awards
Timeline
Generic

RAJESH MOORTHY

Mumbai

Summary

Financial Crime Compliance leader with over 25 years of experience in financial services risk management. Expertise in AML and Screening, focusing on PEP, Sanctions, and Adverse Media, with a strong track record in implementing global sanctions frameworks. Proficient in developing screening processes, monitoring team performance, and ensuring compliance with KYC/AML regulations. Demonstrated ability to enhance operational efficiency and maintain high compliance standards through effective team leadership and strategic planning.

Overview

21
21
years of professional experience

Work History

Principal Officer

AMLCO, CITIGROUP GLOBAL MARKETS INDIA PRIVATE LIMITED
08.2024 - 06.2025
  • Served as Principal Officer (AMLCO), providing day-to-day line management and operational oversight for Citi Broking intermediary operations in India, ensuring adherence to regulatory guidelines and internal control frameworks.
  • Directed the development and implementation of comprehensive KYC and AML policies and processes tailored for the broking intermediary business, enhancing compliance standards.
  • Managed and mitigated AML risks, identifying potential risk areas and implementing mitigation strategies across broking activities, ensuring alignment with Citi group's global policies.
  • Streamlined KYC processes, resulting in improved efficiency and enhanced customer experience (e.g., reducing processing time by X%).
  • Enhanced the AML and KYC compliance framework for the broking intermediary business.

Vice President Compliance

CITIBANK NA
Mumbai
07.2019 - 08.2024
  • Directed the implementation and oversight of Citi group's Global Sanctions framework across the South Asia Cluster (India, Bangladesh & Sri Lanka), acting as a Subject Matter Expert on sanctions issues.
  • Tailored and implemented Citi group standards across diverse business verticals in India, establishing local policies and procedures encompassing legal vehicles and lines of business.
  • Provided Sanctions governance and oversight across various lines of business, ensuring robust controls.
  • Conducted thorough reviews of client relationships, serving as an escalation point for complex cases and ensuring alignment with the bank's defined risk appetite.
  • Proactively addressed customer issues arising from evolving sanctions regimes through engagement with business stakeholders.
  • Successfully implemented the Citi group Global Sanctions Framework within the South Asia Cluster, significantly enhancing sanctions risk management capabilities across business verticals in India.

Vice President Compliance

JP MORGAN INDIA PRIVATE LIMITED
05.2016 - 06.2019
  • Served as the Principal Officer of JP Morgan India Private Limited, providing leadership and strategic direction for financial crime compliance.
  • Provided support as Assistant Principal Officer for the bank franchisee.
  • Directed the implementation of the Global Financial Crime Framework across JPM entities in India, ensuring compliance with regulatory requirements.
  • Secured and maintained compliance with key regulatory bodies in India (RBI/SEBI/FIU India), contributing to seamless advisory for KYC related queries.
  • Led industry representations on matters impacting KYC and AML.
  • Successfully implemented the Global Financial Crime Framework across JPM entities in India, improving risk management by implementing comprehensive risk assessment framework.
  • Enhanced advisory on KYC matters.

Regional Sanctions Advisor

STANDARD CHARTERED BANK
Mumbai
11.2014 - 05.2016
  • Functioned as the Regional Sanctions Advisor for the South Asia region, providing critical subject matter expertise.
  • Supported Global Sanctions teams in key projects, initiatives, risk assessments, and regulatory submissions impacting sanctions.
  • Delivered subject matter expertise on sanctions issues, acting as a key advisor and escalation point for complex cases.

AVP Compliance

JPMORGAN CHASE BANK NA
Mumbai
11.2013 - 11.2014
  • Optimized the sanctions-related escalation process across products and Lines of Business, streamlining operational activities and improving response times.
  • Conducted Sanctions Risk Assessment across LOB and facilitated rollout of Global Sanctions procedures across LOBs and products.
  • Interacted with Global Sanctions Team and external regulators on Sanctions-related issues.
  • Successfully streamlined the sanctions-related escalation process and conducted Risk assessment across LOBs.

AVP Compliance

CREDIT SUISSE SECURITIES (INDIA) PRIVATE LIMITED
Mumbai
12.2010 - 10.2013
  • Supported AML activities across Bank branch/Wealth Management, Broking, and NBFC arm of Credit Suisse in India.
  • Managed risk assessment and monitoring of clients, adhering to regulations prescribed by SEBI & RBI.
  • Contributed to setting up processes and policies for the Bank branch in India, facilitating seamless AML activities across various arms of Credit Suisse.
  • Played a key role in setting up AML policies for the bank in India, enhancing monitoring processes for clients ensuring compliance with SEBI & RBI.

Sr. Manager Compliance

ROYAL BANK OF SCOTERLAND (ERSTWHILE ABN AMRO BANK NV)
Mumbai
12.2004 - 12.2010
  • Assisted Compliance Officer in the implementation of AML policy across all Business units.
  • Managed Sanctions related work, serving as the Point of Contact for all escalations involving Sanctions, liaising with Global Sanctions Team & external regulators.
  • Established an Automated Monitoring System across Businesses, improving the effectiveness of implemented screening processes and enhancing risk detection.
  • Filed CTRs & STRs with FIU.
  • Coordinated with Business Units on Regulatory Inspections.
  • Successfully implemented AML policy across business units and facilitated the set up of the automated monitoring system.

Education

M.COM -

University of Mumbai

EGMP Executive General Management Program -

IIM Lucknow

Skills

  • Financial crime compliance expertise
  • AML and KYC
  • Sanctions regulations
  • PEP screening
  • Adverse media screening
  • Risk management
  • Regulatory compliance
  • Policy development
  • Fraud analysis
  • OSINT search systems
  • LexisNexis Bridger experience
  • Leadership and operational management
  • Team leadership
  • Operational oversight
  • SLA management
  • Performance evaluation
  • Process improvement
  • Change management
  • Strategic planning
  • Escalation management
  • Analytical and interpersonal skills
  • Risk assessment
  • Problem-solving and decision-making
  • Communication skills
  • Stakeholder management
  • Negotiation skills
  • Team collaboration
  • Organizational capability

Awards

International Advanced Certificate in Regulatory Risk and Compliance (International Compliance Association, UK), Certified Risk & Compliance Management Professional (International Association of Risk & Compliance Management Professionals), Certified Sanctions Specialist (ACSS - Association of Certified Sanctions Specialists)

Timeline

Principal Officer

AMLCO, CITIGROUP GLOBAL MARKETS INDIA PRIVATE LIMITED
08.2024 - 06.2025

Vice President Compliance

CITIBANK NA
07.2019 - 08.2024

Vice President Compliance

JP MORGAN INDIA PRIVATE LIMITED
05.2016 - 06.2019

Regional Sanctions Advisor

STANDARD CHARTERED BANK
11.2014 - 05.2016

AVP Compliance

JPMORGAN CHASE BANK NA
11.2013 - 11.2014

AVP Compliance

CREDIT SUISSE SECURITIES (INDIA) PRIVATE LIMITED
12.2010 - 10.2013

Sr. Manager Compliance

ROYAL BANK OF SCOTERLAND (ERSTWHILE ABN AMRO BANK NV)
12.2004 - 12.2010

M.COM -

University of Mumbai

EGMP Executive General Management Program -

IIM Lucknow

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RAJESH MOORTHY