Sai Prasad Dasari
Associate Director -AMl & KYC
Hyderabad,TG
Summary
Dynamic AML professional with a proven track record in team management, regulatory compliance, and comprehensive risk assessments. Achieved significant improvements in operational efficiency and technological advancements through effective leadership and innovative problem-solving. Expertise in KYC documentation, AML investigations, and client onboarding demonstrates a strong commitment to compliance and risk mitigation. Proficient in developing and executing strategies that align with and propel organizational goals forward.
Overview
12
12
years of professional experience
5
5
Certifications
1
1
Language
Work History
Associate Director -ICLS AML & KYC
UBS Business Solutions (INDIA) PVT LTD
01.2019 - Current
- Led teams of up to 50 personnel, supervising daily performance, as well as training and improvement plans.
- Conducting one-on-one meetings for assigned teams, providing them feedback, and helping the team focus on areas of improvement.
- Evaluating and approving high-risk account documentation and supporting information in order to determine whether they satisfy the client onboarding identification requirements, as per global KYC procedures and guidelines.
- Assisted the US with the 4th AMLD audit and helped teams with US KYC QA remediation.
- Proactively interact with relationship management teams and compliance to update the system with information until the final approval of the KYC record.
- Mentored junior staff members, providing guidance on professional development opportunities and career progression paths within the company.
- Established strong relationships with key industry partners, creating mutually beneficial opportunities for growth and collaboration.
- Maintained compliance with industry regulations while adapting to changes in legislation or best practices as needed.
- Launched quality assurance practices for each phase of development
Sr.Analyst-Financial Advisory
Deloitte Touché Tohmatsu India LLP
01.2017 - 01.2019
- Managed teams of more than 15 individuals in multiple financial advisory initiatives.
- Performed KYC remediation and fraud investigations for global banks to achieve regulatory compliance.
- Issued KYC guidance assessing documentation completeness for CIP, CDD, and EDD protocols.
- Advanced team skills through collaboration and cross-training, encouraging knowledge sharing.
- Nurtured partnerships with law enforcement agencies to facilitate crime-fighting collaborations.
- Implemented automation in AML workflows for increased efficiency without compromising effectiveness.
- Resolved team conflicts to foster a creative, positive working environment conducive to innovation.
- Directed AML analyst investigations into suspicious activities while adhering to compliance regulations.
- Worked with project teams in implementing and testing systems against requirements for error detection and quality assurance.
- Ensured compliance with data protection regulations during all stages of data handling and analysis.
Business Analysis and Reporting Specialist-KYC
JP Morgan Chase & Co.
04.2016 - 04.2017
- Demonstrated proficiency in managing Client Information across various Lines of Business such as CIB and GIM.
- Promoted early to Quality Analyst based on outstanding productivity and quality focus.
- Applied knowledge of KYC approved sources including COLT CDD and iPB Workstation for effective compliance checks.
- Completed training on essential processes like KYC, CLS, and CDD to bolster operational efficiency.
- Utilized third-party applications like World Check for thorough client assessments.
- Worked closely with Compliance teams to identify risks and validate client profiles based on relevant triggers.
- Delivered KYC support through remediation projects while engaging daily with multiple stakeholders.
- Maintained rigorous quality standards for KYC and EDD casework throughout the remediation initiative.
Financial Crime Compliance Regulatory Compliance (FCCRC) Investigation Executive Operations/ Transaction Monitoring Specialist
HSBC
06.2013 - 01.2016
- Executed quality review checks on alerts processed by Level 1 and 2 UK RETAIL CAMP staff.
- Managed sampling, work allocation, and MI reporting for senior management oversight.
- Trained new staff on quality procedures and accreditation processes.
- Coached production staff during weekly Quality Hours to meet quality targets.
- Conducted AML investigations on alerts utilizing Norkom and supporting applications.
- Articulated investigative findings with evidence for case closure or escalation.
- Documented investigation results with recommendations for decision-making.
Education
BSC - Computer science
Gayatri Degree College
Visakhapatnam, India 04.2001 -
MBA - International Business Management
Andhra University
Visakhapatnam, India 04.2001 -
Skills
Team collaboration and leadership
Team leadership
Regulatory compliance
Risk evaluation
Anti-money laundering investigation
Client onboarding process management
KYC compliance documentation
Quality assurance
Certification
Certified AML- KYC Compliance from Indian Institute of Banking and Finance.
Timeline
Associate Director -ICLS AML & KYC
UBS Business Solutions (INDIA) PVT LTD
01.2019 - Current
Sr.Analyst-Financial Advisory
Deloitte Touché Tohmatsu India LLP
01.2017 - 01.2019
Business Analysis and Reporting Specialist-KYC
JP Morgan Chase & Co.
04.2016 - 04.2017
Financial Crime Compliance Regulatory Compliance (FCCRC) Investigation Executive Operations/ Transaction Monitoring Specialist
HSBC
06.2013 - 01.2016
BSC - Computer science
Gayatri Degree College
04.2001 -
MBA - International Business Management
Andhra University
04.2001 -