SANTHOSH KUMAR T
CHENNAI
Summary
Detail-oriented Compliance Lead offering 9 years of expertise in risk management, policy development and strategic planning. Advanced knowledge of regulatory compliance with proven track record of partnering with executives and business leaders to identify vulnerabilities and create corrective actions. Collaborative and team-oriented with excellent communication and interpersonal skills to foster strategic partnerships and promote company reputation.
Overview
9
9
years of professional experience
4
4
years of post-secondary education
1
1
Certification
Work History
Compliance Lead
PAYPAL INDIA PVT LIMITED
Bangalore
12.2018 - Current
- Lead a team of 16+ compliance professionals in managing the organization's sanctions program
- Develop and implement policies and procedures to ensure compliance with OFAC and other global sanctions
- Prepare and present regular reports and updates to senior management on the effectiveness of the sanctions program
- Handled multiple project as part of Global Initiatives (Idea Hub & Queue Management Strategy) to help improve the positive customer experience
- Proven records of analyzing the large data and resources, identified and reported critical information about system issues timely (Cassini, Fircosoft and SCM tool gaps)
- Perform enrichment samples (QC) to ensure the quality of cases and provide feedback to teammates on area of improvement
- Frequent monitoring and assigning tasks to Team members based on skillset and achieved agreed Service Level TAT
- Engage with peers, partner sites frequently to update the knowledge & understanding of process updates and escalate any potential matters that concerns
- Prepared monthly training session on Error Trend analysis to minimize the future impact
- Interact with employees, make recommendations, and ensure all teammates are fully capable and understand their duties and succeed
- Develop, maintain, trend and report Key Performance Indicators and share with respective Leaders for constructive coaching
- Implemented improvement initiatives and developed compliance testing program to monitor and identify gaps in new and existing tools
- Ensured teammates are completing all compliance trainings on time to perform BAU as per the BSA, OFAC, AML, EDD, KYC, SAR policies and regional regulatory requirements
- Knowledge of OFAC, FATF, EU, UN and other sanctions and EMBARGOES.
- Knowledge of anti-money laundering and countering the financing of terrorism (AML/CFT) requirements
- Ability to develop and implement compliance policies and procedures.
Senior Associate
STANDARD CHARTERED GBS PRIVATE LIMITED
Bangalore
07.2016 - 12.2018
- Performed KYC checks for corporate clients as per AML policies & procedures
- Conduct Standard Due Diligence and Enhanced due diligence for the clients based on risk rating
- Expert knowledge on PEP, Sanctions, Detica (Norkom) / Name SCREENING, EDD, world check, FATCA and OFAC
- Identifying the entities Nature of business & classifying them as per the same on global risk rating
- Contributing ideas and participating in efforts to further improve and streamline the process.
Process Associate
BARCLAYS SHARED SERVICE
Chennai
06.2015 - 06.2016
- Conduct KYC & Due Diligence on a wide range of entity types (Trusts, Private limited, LLP and Funds)
- Conduct investigations on database such as ALACRA/ World-check/ OFAC sanction list and evaluate the risk
- Performed KYC screening on customers documenting the information obtained on the client's as required by global KYC procedures
- Collected and documented data including SAR history, KYC information and Transaction data
- Ensuring compliance with all AML law, regulations, OFAC, CIP, KYC & transaction monitoring
- Perform Periodic KYC reviews on risk-based schedule
- Identify red flag situations and escalate in line with policy and procedures
- Develop strong working relationships with the Relationship Managers.
Education
Bachelors Degree - Mechanical Engineering
GRT Institute of Engineering And Technology
04.2010 - 05.2014
Skills
Sanctions complianceOFAC regulationsRegulatory complianceRisk managementFinancial servicesTransaction monitoringTeam leadershipCustomer data analysisLean Six Sigma - Green Belt certifiedProject ManagementTraining deliveryDocument reviews
SOP compliance
Accomplishments
- Supervised team of 15 staff members.
- Collaborated with team of 5 in the development of Bulk Clearance of Volume.
- Achieved SLA by resolving inventory dashboard errors.
- Documented and resolved Cassini & Fircosoft bugs which led to Postitive Customer experience and meeting SLA.
Certification
Certified Lean Six Sigma in Green Belt, KPMG
Timeline
Certified Lean Six Sigma in Green Belt, KPMG
12-2022
Compliance Lead
PAYPAL INDIA PVT LIMITED
12.2018 - Current
Senior Associate
STANDARD CHARTERED GBS PRIVATE LIMITED
07.2016 - 12.2018
Process Associate
BARCLAYS SHARED SERVICE
06.2015 - 06.2016
Bachelors Degree - Mechanical Engineering
GRT Institute of Engineering And Technology
04.2010 - 05.2014