Pravin Manohar MBA CAMS

+1-769-***-**** adznkf@r.postjobfree.com New York

EXECUTIVE SUMMARY

Detail-oriented compliance specialist with 16 years in banking, encompassing the design, rollout, and evaluation of internal controls. Proficient in implementing the BSA AML Program for foreign financial institutions in alignment with BSA, USA PATRIOT Act, OFAC, BIS, FDIC, NYSDFS, and FFIEC standards. Expertise in risk identification, violation prevention, Risk Assessments, CDD/EDD/ODD and comprehensive training for all organizational levels, including top management. Deep knowledge in Transaction Monitoring, Sanctions Filtering applications, AI/ML product evaluations, version upgrades, GPS integration, and SWIFT ISO 20022 implementation. Accustomed to operating under tight deadlines in dynamic environments. Accomplished banker with a diverse track record spanning Assets, Liabilities, Investment products, Government banking, and Currency Chest operations. Demonstrates a consistent track record of commitment, seamless role transitions, and skillful adaptation to new challenges, driven by a passion for continuous learning and lateral thinking.

KEY SKILLS

SAR Writing & Filing

Russian/Iranian Sanctions

CDD/EDD/ODD

Training

Watchlist Tuning

Risk Assessments

Negative News/Adverse Media

Deposit Brokers

Subpoenas

Financial Crimes

High Risk Customer Review

VSD/No Action Letter

Examinations/Audits

Risk Rating

SWIFT ISO 20022

Lexis Nexis Bridger

311, 9714, 314(a) and 314(b)

Transaction Monitoring

Validations

NYSDFS Part 504

Quality Assurance

Customer Identification Program

Controls & Governance

Testing

Correspondent Banking

SELECT EXPERIENCE

Vice President-Compliance (BSA/AML & OFAC) State Bank of India

Leadership and Team Management:

•Lead and manage the BSA/AML and OFAC team, consisting of 3 Managers and 8 Supervisors/Associates. Risk Assessment and Compliance:

•Possess extensive experience in AML and Sanctions Risk Assessment, Geographic AML Risk Assessment.

•Continuously upgrade policies, procedures, and processes.

Mar '21 - Jul '23

New York

•Overhauled the Transaction Monitoring and SAR Policy & Procedures, tailoring them to address the unique risks presented by our current customer demographics, grounded in a thorough AML Risk Assessment.

•Conduct Customer Due Diligence and Enhanced Due Diligence for customer/deposit broker onboarding and ongoing monitoring.

•Revamped the CIP, CDD, and EDD policies and procedures to meet current standards, and instituted customer onboarding procedures.

•Perform Final Review of sanctions screening on Intermediary Wires in Correspondent Banking. Sanctions, Transaction Monitoring and Reporting:

•Supervise the reporting of blocked/rejected transactions to OFAC.

•Monitor transactions of customers, wires, and Trade Finance for potential suspicious activity, financial crime as Final Review for Further Investigation cases.

•File Suspicious Activity Reports (SAR) and Currency Transaction Reports (CTR) with FinCEN. Legal and Regulatory Compliance:

•Proficiently managed, ensured compliance and validation of NYSDFS Part 504 Certification.

•Study and prepare responses to subpoenas.

•Collaborate with Internal Auditors for timely evidence submission and successful audit completion.

•Interact with regulators during examinations, ensuring evidence submission and successful exam completion. Vendor Collaboration and Innovation:

•Coordinate with current vendors for software upgrades, new features, and troubleshooting.

•Engage with prospective vendors offering advanced Transaction Monitoring and filtering applications, including AI/ML capabilities.

•Hands-on experience in Proof-of-Concept for integrating AI into Sanctions Screening.

•Formulate and manage the financial budget for BSA/AML Program. Risk Management and Industry Updates:

•Constantly rationalize watchlists and reduce false positives.

•Supervise the comprehensive AML Risk Rating for Deposit Brokers.

•Thorough experience in implementing and developing SWIFT ISO 20022 features and updates.

•Interact with panel attorneys for advice/opinions on critical matters.

•Conduct insightful investigations in Transaction Monitoring and Sanctions Filtering cases. Reviews and Validations:

•Perform 90 Day SAR Review and Changes in Scenarios Review and conduct Risk to Rule mapping exercise.

•Supervise and Monitor investigations, Risk Rating with Compliance Activity Reports.

•Validate and remediate observations from examinations, audits, and model validations. Performance Management:

•Establish Key Result Areas (KRAs) and oversee their implementation.

•Conduct regular performance reviews and appraisals for both direct and indirect reports. Collaboration and Backup Roles:

•Serve as the point of contact for 314(b) interactions.

•Act as a backup to the BSA/AML OFAC Officer and Branch Compliance Officer.

•Oversee communications with Originating/Beneficiary Banks for further investigations.

•Collaborate with other departments for project implementations. Committee Membership and Reporting:

•Member of the Branch Management Committee and Compliance Monitoring Committee.

•Provide monthly reports on Compliance Activities to the Compliance Monitoring Committee.

•Served on Purchase Committees for diverse branch engagements and products.

Training and Achievements

•Design and deliver BSA/AML & OFAC training to branch staff through Annual BSA AML Staff Training.

•Conduct regular training for the BSA/AML Team on updates, job roles, policies, and procedures.

•Achieved successful ROCA ratings in Regulatory Examinations.

•Attained Well-Controlled rating in Internal Audits.

•Cultivated a Compliance Culture with AML awareness.

•Part of Organizing Committee of Golden Jubilee Celebration.

•Member of the editorial board of Coffee Table Book.

Certifications and Conferences

•Certified Anti-Money Laundering Specialist (CAMS).

•Attended FinCrime Week 2023 organized by ACFCS.

•Participated in Sanctions Conference hosted by American Conference Institute.

•Engaged in meetings with Regulators facilitated by Institute of International Bankers.

PRIOR EXPERIENCES

Chief Manager State Bank of India

Apr '10 - Feb '21 Chennai, India

•Led teams across five branches over 11 years, transitioning from individual officer to managing 36 direct and indirect reports.

•Consistently achieved budget targets in Assets, Liabilities, Investment, and Digital Products.

•Managed Transaction Banking, Government Business, Currency Chest Operations, Clearing, KYC and various audits such as Internal, Statutory, and Regulatory.

•Notable accolades include recognition as a Chairman Club member, MD Club membership, and the title of Best Branch Manager.

Retail Manager

Kansai Nerolac Paints Limited Product Engineer

Mediccare Scientific Supplies Ltd.

EDUCATION

MBA in Marketing and General Management Bharathidasan University

Bachelor of Technology in Biotechnology Bharathidasan University

Jul '07 - Mar '10 Chennai, India Apr '04 - Mar '05 Chennai, India

Aug '05 - Jul '07 Trichy, India

Jun '00 - Mar '04

Trichy, India

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