Vinod Kumar GN
Bangalore
Overview
9
9
years of professional experience
1
1
Certification
Work History
Financial Crime Senior Analyst
Commonwealth Bank of Australia
09.2021 - Current
- SMR Part C - Escalations: were checking the authenticity of escalations done by the Junior analysts and making the call whether to maintain customer or escalate to country FCC team
- Checking the Business rules and Red flags and escalating the customer to FCC or raising Unusual matter report if required
- Performing Identity verification on both Individual and Entities based on their types
- Analysing customer Source of Funds and Source of Wealth to check whether customers occupation and profile shared to the bank is aligning with customers SOF and SOW
- Performing Transaction Analysis on the customers linked accounts to find out whether any red flags like Money Laundering, Terrorist Financing, Sanction linkage, Child Exploitations, Drug Trafficking etc Identified, and then taking necessary steps accordingly
- Escalating customer to FCC with detailed explanation about Red flags identified during the current analysis
- Raising Unusual matter report based on the requirements which will help the Financial Crime Control team to scrutinize the UMR and raise Suspicious matter report and report to the regulator
- Performing Screening with World check, Media check, Google string searched to identify PEP involvement and Adverse news on customer
- Finding out the Political Exposed Person (PEP), Key Controllers and their holdings in the client and performing Screening of Client, Parent, Key Controllers and all other related parties with regards to Negative News, Money Laundering, Reputational Risk and connection with Sanction Countries
- Act as a quality checker/Senior which involves accurately researching, analysing, evaluating and documenting (KYC) information and taking appropriate action to protect the company against risk of Money Laundering activity and Terrorist Financing
- Act as a SME for Team which involves resolving team member queries, perform cursory review for cases completed by team members, and supporting team in absence of manager
- Conducting refreshment training for team with all new updates
- Engage in discussion with Stakeholders to obtain updates/Feedback, and subsequently cascade these updates to the team members
- Sharing of best practice thus encouraging an environment of teamwork
- Conducting 4 eye checks on files reviewed
- Handling Team’s QA error and ensure they get remediated on a timely manner
- Identify frequent errors within team and discuss the best practises
- Assisting team members with the review
KYC Senior Analyst
Deutsche Bank
07.2017 - 09.2021
- Our main job role is to perform KYC for Global clients of Deutsche Bank including Corporate, Financial Institutions, Foreign Financial Institutions, Government of State owned bodies, Listed and Regulated, small/medium/ large private companies etc
- All documents must be on file and has to be renewed in a timely manner by ensuring adherence to necessary KYCs policy and procedures
- Working on clients and making sure that all mandatory KYC documents are in place and up to date
- Performing research via internal and external sources, gather and analyse documentation in accordance with regulatory KYC requirements
- Working on Low, Medium and High Risk clients and making sure that all customer due diligence is in place before on boarding a client
- Undertaking reviews of extended due diligence to assess risk
- Providing comments and escalates to Compliance for agreement and approval
- Performing Enhance Due Diligence (EDD) on all Clients with use of various external tools: Fircosoft, LEXIS-NEXIS, Internet checks etc
- Calculation of Client risk rating through CRRE (Client Risk Rating Engine) scoring Methodology
- Finding out the Ultimate Beneficial Owner (UBO) of the Client and Preparing Ownership Chart as per the risk rating and as per countries Local Validations
- Finding out the Political Exposed Person (PEP), Key Controllers and their holdings in the client
- Detailed Screening of Client, Parent, Key Controllers and all other related parties with regards to Negative News, Money Laundering, Reputational Risk and connection with Sanction Countries
- Working closely with Compliance team to mitigate the risk of the Clients
- Conducting 4 eye checks on files reviewed
- Updating error tracker accurately
- Maintaining quality on files validated
- Handling escalations and ensure they get remediated on a timely manner
- Maintaining MIS, productivity count file for the team
Associate Analyst
Wipro Limited
02.2016 - 07.2017
- Part of KYC (Investment Banking) process performing due diligence for wholesale client requests received for Thompson Reuters (Clarient Entity Hub) founded with six multinational banks(JP Morgan, Gold Man Sachs, Credit Suisse, BNY Mellon, Barclays PLC , State Street)
- Performing Public KYC due diligence reviews on a diverse range of institutional customers, ensuring the Bank KYC and classification procedures are met in strict accordance with the regulatory compliance requirements and the Six Founding Bank’s internal policies
- Performing remediation on Banks, Corporations, Trusts, SPV’s, Funds, Partnership, Financial Institutions, State owned Entities and all types of high risk business activities
- Responsible for extracting business information documents from Public Domains, other source websites and uploading in HUB production application and managing work allocation within the team
- Effectively managing quality reviews within the team ensuring the service level agreements are suitably met
Associate Financial Analyst
Wells Fargo
07.2015 - 11.2015
- Responsible for performing KYC review on Individuals by collecting and verifying the Individual information in accordance with Government Issued ID documents
- Analyse Source of income and overall net worth, recommend eligibility for the Mortgage request
- Updating the Client’s gathered Data into the Cloud Application
Education
Bachelor - Commerce
Kristu Jayanti College
Bangalore05-2015
Skills
- Stakeholder communication
- Attention to detail
- Process enhancement
- Critical thinking
- Research and analysis
Certification
Earned Certification from Griffith University for Financial Crime - Fraud Management and Investigation.
Timeline
Financial Crime Senior Analyst
Commonwealth Bank of Australia
09.2021 - Current
KYC Senior Analyst
Deutsche Bank
07.2017 - 09.2021
Associate Analyst
Wipro Limited
02.2016 - 07.2017
Associate Financial Analyst
Wells Fargo
07.2015 - 11.2015
Earned Certification from Griffith University for Financial Crime - Fraud Management and Investigation.
Bachelor - Commerce
Kristu Jayanti College
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