Seshu Babu Thotakura

• Heading Global Screening capabilities hub based in India, coverage across Corporates, Financial Institutions Coverage (FIC) and Global Markets (GM) verticals of BNPP
• Ensuring all screening requirements covering Sanctions, PEP and Adnerse news aspects are deligently performed and hits mitigated in an efficient manner

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• Manage and mentor a group of operations managers and sr.managers in building and leading KYC teams to successfully deliver on all KPIs
• Efficiently running end to end KYC process covering Document collection, Due Diligence, Screening, Risk assessment, Escalation, Approval and Sign-off stages
• Ensuring timely and smooth on-boarding experience for new clients by constant monitoring and improving KYC processes, Reference data set-up and account opening process by identifying and resolving bottlenecks
• Lead for continues improvement objective across ISPL CEP department by mentoring and nurturing idea generation across various KYC and non-KYC functions and help drive idea execution to achieve organizational targets on efficiency gains
• Lead SPOC responsible for departments Budget planning, forecasting, cost management and invoicing exercise for all CEP by engaging proactively Finance teams, Project management, Senior management across India, regional heads, and Global support functions
• Set-up and run comprehensive governance framework around all responsibilities of KYC teams, engaging all stakeholders at regular intervals
• Build effective operational controls, create business resiliency plans, and perform periodic reviews for improving and up-keeping the same

• Co-Head of North America's Transaction monitoring unit (GFCC) from (2019 to 2021) responsible to lead a team of 100+ AML analysts in timely review, mitigation and/or escalation of alerted transactions across various detection scenarios originating from multiple business lines
• India lead for Wholesale Client On-boarding (KYC) - Corporate and Investment Banking (CIB), North America's (2016 to 2019) responsible for periodic KYC recertifications and remediation
• Location lead/Manager for New Client Adoptions (on-boarding) process for 6 booking locations of Banking and Markets business lines of JP Morgan legal entities across APAC (2015-2016)
• Built a team of Subject Due Diligence experts and create a sustainable and self-reliant offshore team, independent of onshore support
• Ensure highest quality standards through robust quality checks, feedback mechanism and continues training
• Deliver timely and smooth on-boarding experience for new clients/accounts by constant monitoring of KYC approval and account opening processes and addressing any bottlenecks at any stage of the process
• Build and maintain comprehensive governance structure around all in-scope activities of India team, engaging all stakeholders at regular intervals

• Plan and prepare KYC periodic-review schedules of all existing clients of GTB for the coming year, based on the risk rating, Next review dates and recertification frequency set by compliance
• Manage the New Adoptions (onboarding) process for 6 business lines of GTB and GCF divisions for Deutsche Bank, North American unit
• Generate MIS/reports at regular frequency and ad-hoc as needed to achieve transparency of operations among the team, management, and stakeholders
• Drive the team towards timely completion of periodic review schedules (for each of the 4 Business Processes CMFI, CMC, TF and TSS) within the year
• Perform sample Quality checks on KYC (CDD and EDD) files to ensure adherence to policy and procedures
• Coordinate with Onshore, Business and Compliance teams for smooth flow of volumes
• Ensure timely and smooth on-boarding experience for new clients/accounts by constant monitoring of KYC approval and account opening processes and addressing any bottlenecks at any stage of the process
• Responsible for mapping and data migration of client and account level risk scores into the Transaction Monitoring System
• Perform regular and periodic reconciliation of the risk scores between KYC and Transaction Monitoring Systems and provide input of accurate/revised risk scores to transaction monitoring unit
• Contributed towards improvement/development of systems and tools to bring more efficiency to the KYC operations

• Company Overview: FTCI url
• Completed critical, time bound projects for Transactions Monitoring Unit (TMU) which included a look back project of transactions across 2 banking subsidiaries (FTCI and FTBT) of Franklin Templeton
• Established processes for live and ongoing transaction monitoring alert reviews and timely escalation of potential SARs
• Handled (daily and monthly), profile-based transaction monitoring for all accounts for FTCI and FTBandT
• Ensure smooth on-boarding experience for new clients by constant monitoring of KYC approval and account opening processes
• Lead team to complete KYC Due Diligence for new clients and ensured timely update of Risk Scores in Transaction Monitoring System
• Performing sample Quality checks on KYC files to ensure adherence to policy and procedures
• Hire, train and do periodic appraisal of staff performance
• Develop and perform periodic testing of disaster recovery plans for the department to always ensure business continuity and facilitate back-up creation between Hyderabad and New York teams
• Prepare and review business impact analysis annually to determine potential impact of any obstruction to business continuity at any given time
• Successfully lead the team to complete four KYC Remediation Projects for PIC, PEP, High Risk and Medium/Low Risk Clients of 10000+ existing clients of FTCI spanning over 4 years (2006 to 2010)
• Helped Ten different business lines across six branches meet regulatory targets well in time
• FTCI url