VIGNESH PONNUSAMY
Lead Associate
Chennai
Summary
A process-oriented and result-driven, Banking & Financial Services professional with a distinguished 12 years of work experience as a financial crime compliance, Anti Money Laundering, Payments Investigation in Banking Operations.
Overview
13
13
years of professional experience
Work History
Lead Associate Ops
WNS India Pvt Ltd.
Chennai
10.2020 - Current
- Minimize operational risks for the Bank by ensuring that all transactions that are processed fully comply with the AML regulations of Bank and KYC
- Responsible for SWIFT making, SWIFT checking, and SWIFT Authorisation of various system entries pertaining to Remittances.
- Periodically checking and updating the status of our customers KYC in the Bank Database.
- Manage and strengthen the client relationship with the bank as per Customer Due Diligence
- Prepare various reports, MIS, Analysing and reporting the data of the same to the Line Managers
- Manage team performance and overall development of the team
- Training of newly inducted employees and empowering them about Fraud detection and KYC concepts.
- Lead and direct the workforce in problem identification, problem-solving, and implementing continuous improvement measures
- Instrumental in implementation of reviewed processes and quality delivery of various products within the prescribed Turn around Time (TAT)
- Liaise with stakeholders for various trade transactions
- Handling heavy volumes of activities and agility to handle various products
- Adhere to reasonable operational requests from the management
- Experience in the SWIFT Alliance system
- Working in Transaction Monitoring for Outward Swift payments
- Responsible for detecting Fraud payments and assessing the Risk involved in the customer payments.
Business Process Lead
Tata Consultancy Services
Chennai
06.2019 - 10.2020
- Conducted comprehensive KYC checks, including identity verification and risk assessment for new and existing clients.
- Monitored transactions for suspicious activities using advanced AML software and escalated potential risks.
- Performed enhanced due diligence on high-risk clients, ensuring compliance with AML regulations.
- Prepared and submitted SARs to regulatory authorities in a timely and accurate manner
Senior Officer - Transaction Monitoring
Standard Chartered Bank
Chennai
02.2018 - 06.2019
- Perform day-to-day operations ie prepare of swift message
- Conduct Fraud related investigations and respond to other Banks' queries via swift
- Conducted regular audits and reviews of AML processes to ensure ongoing compliance
- Provided training and guidance to junior analysts on AML and KYC best practices
- Filing, archiving of records, and Other responsibilities as delegated by Supervisor.
Officer /Application Designing & Testing
ICICI Bank Ltd.
Hyderabad
10.2014 - 02.2018
- Project Management, Risk Management, and Stakeholder management
- Understanding the business requirements of various stakeholders
- Liaised with various application vendors/ Technology teams on the requirement received from operation or business team
- Preparation, execution & review of Test cases based on scenarios
- Coordination with Business and IT users for any clarifications required
- Report of post-deployment issues and arranging of Bug fixes
- Dashboard / Status report preparation which helps to track the progress of the project.
Developer: Assistant Software Engineer
Steria India Pvt Ltd.
Chennai
07.2011 - 10.2014
- Contributed to planning meetings and responded to development suggestions
- Written and tested program code to a specific design brief
- Identified and corrected errors through a systematic program of testing conventions
- Assisted in the production and updating of operation and procedure guidelines
- Contributed to discussions regarding legal and budgetary constraints.
Education
Post Graduation Diploma in Banking Operations - undefined
IFBI: Institute of Finance Banking and Insurance
Bachelor of Engineering in Computer Science - undefined
St.Peter's Engineering College
Skills
Trade Finance
AML Compliance
KYC Verification
Customer Due Diligence (CDD)
Enhanced Due Diligence (EDD)
Transaction Monitoring
Risk Assessment
SWIFT & Alliance systems
Payments Investigation
Cash Management
Operational Process innovation
Fraud Investigations
Areas Of Excellence
- Trade Finance
- Specialised in International remittances (Import & Miscellaneous)
- Payments Investigation
- Cash Management Operations (Payments)
- Global Trade Finance operations
Timeline
Lead Associate Ops
WNS India Pvt Ltd.
10.2020 - Current
Business Process Lead
Tata Consultancy Services
06.2019 - 10.2020
Senior Officer - Transaction Monitoring
Standard Chartered Bank
02.2018 - 06.2019
Officer /Application Designing & Testing
ICICI Bank Ltd.
10.2014 - 02.2018
Developer: Assistant Software Engineer
Steria India Pvt Ltd.
07.2011 - 10.2014
Post Graduation Diploma in Banking Operations - undefined
IFBI: Institute of Finance Banking and Insurance
Bachelor of Engineering in Computer Science - undefined
St.Peter's Engineering College