Vaishnavi Singh Parihar

Associate Consultant, Risk Advisory

KPMG

Gurugram

10.2021 - Current

Worked on a large Customer Due Diligence/ remediation project for a Global Banking clientele covering western European jurisdiction.
Conducted comprehensive customer due diligence (CDD) investigations on UK incorporated entities, ensuring compliance with anti-money laundering (AML) regulations and guidelines.
Conducted Public Domain Searches on the entities to gather information to further help the investigation.
Performed thorough background checks and screening on company directors, shareholders, beneficiaries, and key personnel to verify identities and assess potential risks.
Analyzed company structures and ownership to identify beneficial ownership and potential connections to high-risk jurisdictions or politically exposed persons (PEPs).
Conducted enhanced due diligence (EDD) reviews on high-risk entities, implementing additional scrutiny and risk assessment measures.
Assessed the adequacy and effectiveness of existing AML policies and procedures within the investigated entities, providing recommendations for improvements when necessary.
Reported findings and suspicious activities to the appropriate authorities, adhering to legal reporting obligations.
Utilized a variety of reliable data sources, including official registries, public records, and external databases, to gather relevant information for the investigations.
Analyzed alerts and investigated transactional activities to detect any suspicions of money laundering or terrorist financing.
Mentored 6 investigators on complex assignments in regard to the customer risk assessments ratings.
Worked as a Subject Matter Champion (SMC) and helped the team members in reviewing their cases and resolving their process related doubts.