Avinash Chaitanya Sole

1. As a KYC Reviewer’s Lead at Ernst & Young (EY-GDS)

Responsible for managing 12-member team, from initiation through to closure the cases assigned to our team and maintain the timelines, project tracking and reporting client relations, successful in handling creation and closures of every program, project and task assigned to us.

• Performing quality checks to ensure that high quality standards are maintained for all KYC profiles that are in line with the policy and procedures for each jurisdiction.
• Training all the team members and the new joiners including the new team members on various changes in the methodologies of executing the day-to-day deliverables and new tools.
• Knowledge custodian across APAC & EMEA region for the KYC India team performing wholesome operation.
• Thorough understanding of legal structures of various client types: Financial institutions, corporate, private companies, funds, SPV’s etc.
• Reviewing the financial institutions AML program through Wolfsberg CBDDQ/FCCQ to ascertain the red flags involved in Corresponding Banking Relationship.
• Proven skill sets in analyzing implications of mergers and Acquisitions on legal identities, ownership structures of entity types (Funds, LLC, Partnerships, and Corporations)
• Excellent understanding of KYC, financial regulatory environment and AML risk implications
• Interaction with outreach team and relationship managers to obtain required due diligence information
• Ensuring high quality and timely completion of all client-level due diligence
• Performing Quality checks and providing Feedback to the reviewers
• Performing client outreach to obtain necessary KYC requirements
• Maintaining Intra-professional relationships with client contacts and sales persons to understand the holistic view of the clients.

• Perform Full Know Your Customer ('KYC') due diligence reviews on diverse range of institutional clients for NCA & periodic reviews.
• Perform KYC checks for New Client Adoptions as per the framework for effective prevention of Money Laundering and Terrorist Financing.
• Managed Cross functional Training of 10 in 2 locations.
• Analyze a wide selection of client documentation to extract key information and validate client details.
• Client research through various public & 3rd party data providers website.
• Performing negative screening on adopting client and related parties.

• On boarding the new client and Adding Products for existing customer.
• Validate Customer Profile under customer identification program.
• Verification and documentation of Customer profile (KYC).
• Performed the required Sanctions screenings on customer.
• Determined whether the Customer information seemed legitimate or not by applying various AML regulations including the USA PATRIOT ACT and OFAC.

• AML,KYC and CUSTOMER SCREENING in Financial Crime and Regulatory Compliance Operations.
• Performed the required Sanctions screenings on customer's information obtained from the client's as required by global KYC and Sanctions procedures.
• Ensuring high quality standards and adhering to the SLA (Service Level Agreement).
• Part of internal Quality control Team, Analyzing the reports and conducting RCA on for the errors.

• Performed Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) on retail, HNI and corporate clients by identifying and verifying the information using approved sources.
• Customer KYC on-boarding formalities as per the customer identification and acceptance policy of the bank & regulator.
• Liaised with Technology team and resolved various parameters issues based on FCRM and Finacle.