VEDANT SONTAKKE

I aspire to secure a position where I can apply my professional knowledge and skills to handle compliances relating to provisions of Anti Money Laundering, Know Your Customer and Combating Financing of Terrorism Laws (AML KYC CFT) WORK EXPERIENCE

• EY GDS, Kolkata, West Bengal

• Business Analyst Compliance (KYC & TM Projects ) •14thFebruary, 2022 - Current

- Worked as Analyst in KYC Project for UK Clients doing End to End KYC, Screening, Due Diligence for one of the Multinational Bank of UK.

- Performing searches on UK Companies House Registry, Regulatory Compliances, Overseas Registry.

- Worked on UK Clients and covered the Risk Ratings such as High Risk, Medium Risk, and Low Risk Cases with maintaining the Quality mark of 95% as per the SLA Requirements

- Performed KYC on Clients such as Private limited Companies, Listed Entities on London Stock Exchange, General Partnerships, Sole Traders with Quality Mark of 95 % as per the SLA Requirements.

- Exposure on Software Tools such as PEGA, LEXIS NEXIS, SALES FORCE, GOOGLE SEARCHES, SALES FORCE, UK Companies House Registry etc.

- Identifying and verifying the customers by different proof documents like Formation documents, Country’s Registry documents, Fund prospectus, Memorandums, Partnership deeds

- Performed periodic Enhanced Due Diligence (EDD) reviews of the High-risk Entity.

- Analyzing Annual reports to obtain information like NAICS description, country of assets, Percentage of Ownership etc.

- Worked on TM Project for one of the leading Multi-National Banks of USA. Exposed to TM software’s such as UBO Visualization, Galileo, Horizon for Monitoring of transactions, Identify Counter parties for L1 Alerts, and successful dismissal of Alerts.

- Reviewing transactions alerts, spotting inconsistencies and escalating accounts with financial crimes concerns.

- L1: Identify and research the patterns, trends and anomalies in complex transactional and customer data to detect, prevent, mitigate, and report Suspicious Activity related to Money Laundering, Terrorist Financing and Sanctions Screening.

- Prepare, review, and monitor AML / Transaction Monitoring policies and procedures, conducting typologies assessment to enhance real time monitoring of transactions and mitigate risks related to Money Laundering and Terrorist Financing.

- Review and verify Suspicious Transaction Reports (STRs), ensuring accuracy and completeness and submit to the Financial Intelligence Unit (FIU) or relevant Regulatory authorities.

• BMC CONSULTANCY SERVICES PVT. LTD.

• Business Consultant Compliance Executive (KYC) • 25th November 2020 – 30th January 2022

- Performed periodic review, Client onboarding & Remediation for UK Jurisdiction.

- Perform review activities client documentation and validating the documents through various risk assessment tools.

- Scrutinize the documents as per the CDD Standards. Retrieving the info like Legal Entity details, beneficial owners and shareholders, Ultimate beneficial owners, trust and fund details as per the regulatory standards.

- Analyzing various documents like AOA, COI, Name change certificate, and Partnership Agreement etc., which are submitted by the client.

- Have knowledge across multiple categories of clients such as Corporates, Private Limited, Partnership’s, Government entities, Regulated entity etc.

- Perform the screening for all clients and UBOs to mitigate the risk and escalate the cases if the client has positive news or negative hints.

- Knowledge in Regulatory aspects such as Bank Secrecy Act (BSA), FATF & USA PATRIOT Act to identify Money Laundering.

- Performed periodic Enhanced Due Diligence (EDD) reviews of the High-risk Entity.

- Analyzing Annual reports to obtain information like NAICS description, country of assets, Percentage of Ownership etc.

- Performing End to End Compliances, Regulatory Reporting's, Client Screening, Periodic KYC Updating

- Adherence to Domestic & International Laws, Due diligence, Banking Compliances, Disclosures. EDUCATION

Education Institution Year of Passing Grade

Bachelor of Commerce (B.Com.) Brihan Maharashtra College of Commerce, Pune (BMCC) 2019 Second Class Higher Secondary Education (HSC) Brihan Maharashtra College of Commerce, Pune (BMCC) 2015 73.69% Secondary School Education (SSC) St. Josephs Boys High School, Pune 2013 79.09% CERTIFICATIONS AND SPECIALISATIONS

• India Forensic

- Certified Anti Money Laundering Expert (CAME). Membership No.: IFO929

• Indian Institute of Banking and Finance (IIBF)

- Anti-Money Laundering and Know Your Customer (AML, KYC and CFT)

• Udemy Certifications (AML KYC)

- The Complete and Ultimate Guide to Know Your Client (KYC)

- The Complete Guide to Anti Money Laundering (AML) Compliance

- Anti-Money Laundering Concepts AML, KYC and Compliance

- FATF Recommendations on High-Risk Customers and Activities

- Anti-Money Laundering and Combating Terrorism Financing

• EY Badges

- BCM - Investment Banking & Capital Markets (Bronze learning Badge)

- BCM - Corporate & Commercial Banking (Bronze learning Badge)

- BCM - Commercial Banking (Bronze learning Badge) Prevention of Money Laundering Act, 2002 (PMLA); RBI Act, 1934; SEBI Act, 1992; Companies Act, 2013; Foreign Account Tax Compliance Act (FATCA); USA Patriot Act, 1970; Bank Secrecy Act; Financial Action Task Force (FATF) Regulation VEDANT SONTAKKE

I aspire to secure a position where I can apply my professional knowledge and skills to handle compliances relating to provisions of Anti Money Laundering, Know Your Customer and Combating Financing of Terrorism Laws (AML KYC CFT) VEDANT SONTAKKE

I aspire to secure a position where I can apply my professional knowledge and skills to handle compliances relating to provisions of Anti Money Laundering, Know Your Customer and Combating Financing of Terrorism Laws (AML KYC CFT) SKILLS

- Escalation handling

- Knowledge of AML, KYC Laws

- Regulatory Compliance, KYC, Negative News Screening

- Due diligence, Enhanced Due Diligence, Quality Control

- Transaction Monitoring, Analysis, Quality Checks

- PEGA, LEXIS NEXIS, SALES FORCE, GOOGLE SEARCHES etc.

- Microsoft Office (Word, Excel, Power Point, Outlook)

- Quick Learner, Adaptable, Proactive and Team Player EXTRA CURRICULAR ACTIVITIES

- Astitva: Volunteer of the Cultural Festival of BMCC Pune

- Priyadarshini Sports Centre: Athlete and Team player INTERESTS

- Reading Non-Fiction Books and Case Studies

- Trekking

- Sports

- Music

Address: 232, Old Bazaar, Khadki, Pune-411003 Phone: +91-888******* Email: ad2zpf@r.postjobfree.com LinkedIn: https://www.linkedin.com/in/vedant-sontakke

Contact this candidate