ARKAPRAVA RAY

Express Entry Number: E*********

Mobile: +91-814*-***-*** / +91-890*-***-*** Email: adcgf5@r.postjobfree.com

LinkedIn: www.linkedin.com/in/arkaprava-ray-a56534152 Skype ID: 918*********

SUMMARY

An astute & result-oriented professional with overall 12+ years of experience devising around 6 years in to Banking Industry, key focusing on financial services for Corporate and Institutional clients, small/medium and large businesses, commercial banking, wholesale banking, Trade Finance, Correspondent Banking, Securities and Markets, Treasury, etc, investment banking.

Expertize in Know Your Customer (KYC) financial process in Corporate and Investment banking domain to conduct end to end KYC

Successful in ascertaining that all KYC and AML policies are adhered to and will be responsible for conducting reviews of clients KYC documentation stored in internal repositories and publicly available information

Deft in performing and analyzing the necessary screening against relevant search engines and sanction lists and communicate any additional deficiencies back to the business

In-depth understanding and implementation of KYC standards, guidelines, policies and procedures, global and local regulatory requirements

Dexterous in Face off to Compliance, Screening, DDR and AAR team to resolve KYC exceptions and obtain approvals where necessary

Adept in review and approval of KYC documentation, information, research and Due Diligence Forms (DDF) for new and existing clients

Strong working knowledge of performing due diligence and quality assurance functions and ensure that the firms KYC and AML requirements are met for all clients

Effectively address any issues that might be escalated by either internal or external customers

Outstanding client management, partnership building, leadership and direct experience of dealing with multiple stakeholders at one time

Experience in serving as a point of contact for the business with regard to AML KYC policy and process related question

Proficient in KYC systems like KYC Intranet, New Generation Tool (NGT), Client Onboarding Lifecycle Tool (COLT), World Check, Lexis Nexis, Finacle, etc.

Conversant with MI Tools like Work Allocation Management (WAM) & Pandora

Skilled in MS-Office, Advanced Excel VBA Macros, Power-Point

Possess excellent interpersonal skills, organizational skills, strong communication/decision-making skills

SKILLS

Banking Operations

Risk Management

Resource Planning Management

Financial Services

Business Development

Performance Management

AML Compliance

People Management

Asset Management

KYC Requirements

Client Relationship Management

Team Management

EDUCATION

Master of Business Administration in Finance from West Bengal University of Technology, India, 2008

Bachelor of Technology in Electrical Engineering from University of Kalyani, India, 2004

CERTIFICATIONS

Received ICA International Advanced Certificate in Anti Money Laundering

WORK EXPERIENCE

J P Morgan, Bangalore, India Feb 2018 – Till Date

Team Leader – KYC

Responsible for producing high quality KYC records and ensure all aspect of AML requirements are met

Ensure global standards, local due diligence and all policies, procedures and guidelines are being followed to complete client’s KYC

Handling high risk and very high risk clients e.g. Corporates/Banks/Non Banking Financial Institution/ Trust/ Funds, etc.

Responding to routine queries/complaints and ensuring completeness and understanding the firms KYC requirements when completing documentation inclusive of Simplified Due Diligence (SDD), Enhanced Due Diligence (EDD), Specialized Due Diligence(SpDD) and Product Due Diligence requirements (PDD), bearer shares, PEP, negative news, sanctions, AML Risk, etc.

Handling high risk clients and escalate any discrepancies with KYC requirements, Product Due Diligence, etc

Improving the quality checks and discuss the areas of common rejection to improve the firm wide quality standard

Ability to understand the implications of financial sanctions on stakeholders/blocked professionals/Specially designated nationals (SDN’s) and the risks of dealing with politically exposed professionals (PEP’s) / regulatory expectations around dealing with PEP’s

Validating the clients’ KYC risk profile and raising any points of concern, such as negative news

Providing the team with guidance, support and training as needed to maintain high quality standards and productivity in the areas of KYC Due Diligence in order to bridge the knowledge gap and ensure correct approach during due diligence process, like Trade Finance Product Due Diligence, Securities Product Due Diligence, Financial Crime Enforcement (FINCEN), etc.

Maintaining close interactions with offshore and onshore stakeholders and set right expectations at work

HSBC, Bangalore, India Apr 2014 – Jan 2018

Production Quality Controller – KYC

Responsible for producing high quality KYC profiles and ensures accuracy in processing in line with SOPs with no errors in operation through quality checks

Act as a knowledge centre to the team to comply with global standards and AML requirements as per KYC policies and procedures covering High risk and Very High risk clients e.g. Corporates/Banks/Non Banking Financial Institution/ Non-Operating Asset Holding Company/ Investment Managers, etc.

Established quality control points and understand changes in policy and regulations within the process to comply with Bank’s procedures

Mentored the team members on the policy and provided changes in the KYC guidelines and assist them in taking important decisions during customer due diligence based on Risk Based Approach

Assisted in highlighting high risk indicators to Financial Crime Compliance Team

Validated the clients’ KYC risk profile and raising any points of concern, such as negative news and conducted checks on screening, sanctioned countries exposure, sixth filter country exposure and the risks of dealing with politically exposed professionals (PEP’s)

Improved existing processes by removing duplication and introduce new ideas and new procedures to enhance the process improvement in existing workflow

Cognesys Research, Kolkata, India Feb 2013 – Apr 2014

Research Analyst

Responsible for Quantitative as well as Qualitative research analysis in Financial projects

Performed investigative analysis, which can involve finding financial information, examining, interpreting, and reporting on the data collected

Accountable for Financial Analysis, Company Analysis, Analysis of merger and acquisitions, Analysis of ownership structure of corporate

Analyzed company financial statement through Annual report analysis, Balance Sheet Analysis, Ratio Analysis, etc.

National School of Banking (Heritage Vision Trust), Kolkata, India Feb 2012 – Feb 2013

Faculty – Mathematics and Reasoning

Provided excellent coaching on Mathematics and Reasoning for recruitment of Bank Probationary Officers and Clerks

Conducted doubt-clearing sessions on Mathematics and Reasoning

ICICI Bank, Kolkata, India Sep 2008 – Jan 2012

Regional Compliance Manager

Assisted Regional Compliance Committee Meeting with Business Regional Heads on the findings provided by the Central Screening Unit for the new accounts opened by the Relationship Team

Identified and fill the gaps in customer due diligence conducted during new customer account opening and fulfilling the KYC requirements of the Bank

Coordinated with Regional Heads & Relationship Managers for initiating customer due diligence for newly opened as well as existing accounts in which AML alerts have been generated

Monitored transactions, generated and analyzed alerts and find suspicious transactions in Bank accounts

Assisted in filling Suspicious Transaction Reports (STR/ SAR) with FIU India/ RBI as per directive of MLRO

Electrotherm (India) Ltd., Kolkata, India Mar 2005 – Feb 2006

Service Engineer

Responsible for installation and commissioning of induction furnace in customer’s plant

Provided solution at the time of break-down in operation of furnace

End of Resume

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