Vaibhav Vanmali
Mumbai
Summary
Analytical professional with technical knowledge and critical thinking skills to thrive in data-driven environments. Tackles challenges with positivity and drive to overcome. Works great alone or with others and consistently exceeds expectations. Highly-motivated employee with desire to take on new challenges. Strong worth ethic, adaptability and exceptional interpersonal skills. Adept at working effectively unsupervised and quickly mastering new skills.
Overview
10
10
years of professional experience
1
1
Certification
Work History
Officer [Private] (Kyc Operations Intmd Analyst – C11)
Citicorp Services India Pvt Ltd
Mumbai
01.2023 - 05.2024
- Responsible for various aspects of risk and control, include but are not limited to Information Security, Continuation of Business and Records Management
- Conduct analysis of risk and associated controls to identify root cause and collaborate with peers and management to report findings with solutions to mitigate risk/control issues
- Provide support to business managers and product staff
- Partner with peers and management on various activities, including developing and executing business plans within area of responsibility, developing compliance guidelines, and completing monthly, quarterly, and other periodic risk & control reporting to be used for various forums
- Interface with internal and external teams to provide guidance and subject matter expertise, as needed
- Interface with Internal Audit (IA) and external audit to provide input on situations that create risk and legal liabilities for Citi
- Oversee situations that create risk and legal liabilities for Citi
- Has the ability to operate with a limited level of direct supervision
- Can exercise independence of judgement and autonomy
- Acts as SME to senior stakeholders and /or other team members
- Appropriately assess risk when business decisions are made, demonstrating consideration for the firm's reputation and safeguarding Citigroup, its clients, and assets, by driving compliance with applicable laws, rules, and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.
Officer [Private] (Kyc Operations Analyst 2 - C10)
01.2021 - 12.2022
- Perform end to end checking on all Institutional & Corporate Client (Corporation, Financial Institution -Bank & Non-bank, Government, Fund Controller, Funds, WHV, SPV) as per the Regulatory Guidelines
- Due diligence checking of major APAC region (Australia, Hong Kong, Singapore, India, Malaysia, Mauritius) and United Kingdom & United states - Onboarding and Renewal as per Global and Citi Bank Internal policies
- Responsible for raising quality clarifications related to Policy to smoothen the process
- Responsible for New joiner’s access, training and assisting them on system functional behaviors.
Officer [Private] (Kyc Ops Analyst 1 – C09)
08.2018 - 12.2020
- Leading the "Investment Banking KYC Documentation Group" responsible for on boarding the Investment Banking clients for India, UK, US & Hong Kong - [Account Opening and Advisory deals]
- Team responsible for end-to-end onboarding of clients such as: Foreign Portfolio Investors [FPI], IPOs, High Net Worth Individuals, Wealth Holding Vehicles, Real Estate Investment Trusts - [REIT], Infrastructure Investment Trust [INViT] and Financial Institutions as per SEBI guidelines
- Advising the client and business on the document requirements as per the RBI, SEBI, Hong Kong SFC & UK FCA regulations in force
- Assisting business with "Sanctions" & "Shell Companies" clearance for the Investment Banking Deals
- Documenting and checking of files to ensure quality and taking corrective measures in case of deviations
- Supporting the KYC Renewals for Corporate and Investment Banking clients in the APAC Region
- Training the team for SELECT KDG model.
KYC ANALYST (In Process Quality Checker) – HGS INDIA PVT LTD (Client - CITICORP SERVICES INDIA PVT LTD)
07.2017 - 08.2018
- Conduct KYC checks as part of In Process Review team in line with the Anti-money laundering and financial sanction programs
- Analyze information received and assessed as per procedures
- Asses historical documents and ensure if it is adequate for quality checks and audits
- Identify functional and process gaps and suggest actions for KYC quality improvement
- Conduct KYC quality improvement sessions monthly for entire EMEA KYC operations team.
Transaction Processing Officer (Associate) Mphasis
08.2015 - 06.2016
- Performed Client reference Customer due diligence on the entity, through research from approved Internet resources of JPMC & other third-party vendors E.g
- (Lexis-Nexis Risk management, Bloomberg business week, Zawya and company registries of different countries)
- Performed renewals and remediation procedures of JPMC customers like corporate entity, NBFI’s, NOAH (Non-Operating Assets Holding Companies) & FCB’s (Foreign correspondence banks) as per the KYC regulations and AML programs
- Conducting KYC checks, for CDD as per the CIP (Customer Identification Program) in line with the verification of Legal name of entity, Legal address, physical address, Government issued Id, Legal entity type, Country of incorporation and date of incorporation on company registries websites of different countries
- Conducting KYC checks, for EDD as verification of the NAIC (North American industrial classification) Code by identifying the Annual Asset, annual revenue, source of revenue, primary country of revenue, and as per business description, Identify the ownership type whether (Public, private or government owned), verifying the primary listing of public entity on Ft.com, Wall Street Journal and primary listing stock exchange, Identifying Principals (Directors/Shareholders/Senior managers) of the client in order to determine the Ownership structure & UBO’s and also to determine risk categorization of the client as per the Bank’s policy and KYC guidelines of minimum due diligence
- Referring Wolfsberg questionnaire, USAPA, AML risk summary, Client screening and OFAC (Office of foreign assets control) programs by following the KYC guidelines on the Anti-money laundering and financial sanction programs
- Performed Country Due Diligence as per booking location of the entity with all regulations as per KYC norms
- Performed screening to know there is any Sanctions or PEP hits in the entity
- (Bridger Screening Tool)
- Performed MIFID categorization if the Product is booked in European country.
KYC Analyst (BNP Paribas India Solution Pvt Ltd)
09.2014 - 04.2014
- Identifying potential clients and classifying on risk bar
- Directing of profiles on completion to QAO (Quality Assurance Officer) for further investigation
- Customer Due Diligence as per the guidelines
- Production of KYC profile to high quality standard
- Managing documents and updating for the further process by having a document management system.
Education
Bachelor of Science - Computer Science
Mumbai University
Mumbai05-2015
Skills
- Work Coordination
- Strategic Planning
- Team Collaboration
- Problem-solving abilities
- Analytical Thinking
- Decision-Making
- Process Analysis
- Time Management
- Team building
- Relationship Building
- Teamwork and Collaboration
Accomplishments
- Client Centric Award
- Gold, Silver and Bronze awards from Stakeholders for delivering work with pride, time management, team partnership and successful leadership
Certification
- Certified Anti Money Laundering and Know Your Customer Specialist
Languages
English
First Language
Timeline
Officer [Private] (Kyc Operations Intmd Analyst – C11)
Citicorp Services India Pvt Ltd
01.2023 - 05.2024
Officer [Private] (Kyc Operations Analyst 2 - C10)
01.2021 - 12.2022
Officer [Private] (Kyc Ops Analyst 1 – C09)
08.2018 - 12.2020
KYC ANALYST (In Process Quality Checker) – HGS INDIA PVT LTD (Client - CITICORP SERVICES INDIA PVT LTD)
07.2017 - 08.2018
Transaction Processing Officer (Associate) Mphasis
08.2015 - 06.2016
KYC Analyst (BNP Paribas India Solution Pvt Ltd)
09.2014 - 04.2014
Bachelor of Science - Computer Science
Mumbai University