Rajasree Vengalil Raman, LL.B, CAMS, CISI

Experience

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  Edathody Radhakrishnan, Adocates, Calicut, Kerala

  Mar 1992 - Oct 2000

  Associate / Senior Associate

  Enrolment and memberships:Enrolled on the rolls of the Bar Council of Kerala, India. Member, Calicut Bar Association, Kozhikode, Kerala, India.Responsibilities:• Legal drafting, advice and research.• Due-diligence analysis, legal scrutiny of documents, proposals and projects.• Litigation, arbitration and out of court settlement negotiations.• Incorporation, mergers and joint ventures of companies, registration of partnership firms, and obtaining / renewal of licenses.• Registration and assignment of intellectual property rights.• Criminal trials involving financial economic crimes.• Exposure in: Baking and Insurance Laws, Debt Recovery Act, Securitisation laws, Labour and Industrial Laws, Company laws, Consumer Laws, Law of Contracts, Negotiable Instruments, Transfer of property laws and sale of goods laws.• Clientele included banks, non-banking financial institutions, insurance companies, public and private sector companies, and government departments. Served as Standing Counsel and Legal Advisor to Banks.• Appeared before various courts, insurance and other tribunals in three states.• Appointed as ‘Advocate Commissioner’ by various courts, in many cases.• Functioned as Mediator in 'Lok Adalath’, insurance and other ‘Neethi Melas’. Show less

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  Anand Das Gupta & Sagar, Advocates, Chennai, India

  Dec 2000 - Nov 2003

  Senior Associate

  Enrolment and memberships:Enrolled on the rolls of the Bar Council of Kerala, India. Member, Calicut Bar Association, Kozhikode, Kerala, India.Responsibilities:• Legal drafting, advice and research.• Due-diligence analysis, legal scrutiny of documents, proposals and projects.• Litigation, arbitration and out of court settlement negotiations.• Incorporation, mergers and joint ventures of companies, registration of partnership firms, and obtaining / renewal of licenses.• Registration and assignment of intellectual property rights.• Criminal trials involving financial economic crimes.• Exposure in: Baking and Insurance Laws, Debt Recovery Act, Securitisation laws, Labour and Industrial Laws, Company laws, Consumer Laws, Law of Contracts, Negotiable Instruments, Transfer of property laws and sale of goods laws.• Clientele included banks, non-banking financial institutions, insurance companies, public and private sector companies, and government departments. Served as Standing Counsel and Legal Advisor to Banks.• Appeared before various courts, insurance and other tribunals in three states.• Appointed as ‘Advocate Commissioner’ by various courts, in many cases.• Functioned as Mediator in 'Lok Adalath’, insurance and other ‘Neethi Melas’. Show less

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  Edathody Radhakrishnan, Adocates, Calicut, Kerala.

  Dec 2003 - Apr 2004

  Senior Associate

  Enrolment and memberships:Enrolled on the rolls of the Bar Council of Kerala, India. Member, Calicut Bar Association, Kozhikode, Kerala, India.Responsibilities:• Legal drafting, advice and research.• Due-diligence analysis, legal scrutiny of documents, proposals and projects.• Litigation, arbitration and out of court settlement negotiations.• Incorporation, mergers and joint ventures of companies, registration of partnership firms, and obtaining / renewal of licenses.• Registration and assignment of intellectual property rights.• Criminal trials involving financial economic crimes.• Exposure in: Baking and Insurance Laws, Debt Recovery Act, Securitisation laws, Labour and Industrial Laws, Company laws, Consumer Laws, Law of Contracts, Negotiable Instruments, Transfer of property laws and sale of goods laws.• Clientele included banks, non-banking financial institutions, insurance companies, public and private sector companies, and government departments. Served as Standing Counsel and Legal Advisor to Banks.• Appeared before various courts, insurance and other tribunals in three states.• Appointed as ‘Advocate Commissioner’ by various courts, in many cases.• Functioned as Mediator in 'Lok Adalath’, insurance and other ‘Neethi Melas’. Show less

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  Fox Mandal Associates, Advocates & Solicitors

  May 2004 - Aug 2004

  Associate

  Enrolment and memberships:Enrolled on the rolls of the Bar Council of Kerala, India. Responsibilities:• Legal drafting, advice and research.• Due-diligence analysis, legal scrutiny of documents, proposals and projects.• Litigation, arbitration and out of court settlement negotiations.• Incorporation, mergers and joint ventures of companies, registration of partnership firms, and obtaining / renewal of licenses.• Registration and assignment of intellectual property rights.• Criminal trials involving financial economic crimes.• Exposure in: Baking and Insurance Laws, Debt Recovery Act, Securitisation laws, Labour and Industrial Laws, Company laws, Consumer Laws, Law of Contracts, Negotiable Instruments, Transfer of property laws and sale of goods laws.• Clientele included banks, non-banking financial institutions, insurance companies, public and private sector companies, and government departments. Served as Standing Counsel and Legal Advisor to Banks.• Appeared before various courts, insurance and other tribunals in three states.• Appointed as ‘Advocate Commissioner’ by various courts, in many cases.• Functioned as Mediator in 'Lok Adalath’, insurance and other ‘Neethi Melas’. Show less

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  Ing Vysya Bank is now Kotak Mahindra Bank

  Aug 2004 - Apr 2007

  Manager, Compliance

  Responsibilities:•Ensuring compliance with all applicable laws and ING Business Principles and best international standards across the 430 branch offices•Implementation of ING Group Compliance policy based on EU International banking compliance requirements •Development and implementation of risk mitigating measures to prevent, mitigate or minimize compliance risks and detect and report to compliance violations•Liaison with regulators, facilitate regulatory filings, coordinating with other functions during regulatory inspections•Advisory services to business units on various compliance issues •Vetting and reviewing documents / agreements/ policies / processes from the compliance perspective•Dissemination of regulatory prescriptions to functional departments /gap analysis and tracking compliances.•Periodic reporting to the Senior Management•Good exposure to advanced AML systems •Implementation of Group Financial Economic Crime Policy (AML/KYC norms).•Drafted and issued the revised policy document and Standard Operating Procedure, based on the regulatory guidelines on KYC – AML and ING’s Policy•Prepared the Customer due-diligence risk matrix, an automated tool used for risk categorization and assessment of customers•Customizing and implementation of the software tool for monitoring of transactions•Bringing out detailed procedures and processes for remediation of 5 millionexisting customer files in line with the revised KYC-AML requirements•Implementation of SMCT (Screening and monitoring of customers and transactions) and FATF VII recommendations•Worked closely with the central implementation team in Corporate Compliance, ING GroupTraining:•Developing and conducting compliance training program including E-learning modules•Faculty for compliance sessions in the Competence Development Center. Conducted 17 workshops•attended training programme on KYC/AML conducted by the Federation of Indian Chambers of Commerce and Industry Show less

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  Goldman Sachs

  May 2007 - Nov 2007

  Associate

  Designation : Associate, Global ComplianceOrganisation : ‘Goldman Sachs’, Bangalore, IndiaResponsibilities:• Leading a team of ten members, consisting of analysts, intermediate analysts & senior analysts.• Ensuring compliance to the KYC norms both from an industry and firm’s policy perspectives.• Customer due-diligence, OFAC and other sanction lists screening, Affiliate data integration in accordance with the firm’s AML policies.• Transaction monitoring and related investigations and reporting of suspicious transactions.• Evaluation / Analysis of the KYC and Transaction Surveillance alerts, Risk assessment and Quality assurance of the alerts processed by the team members and escalation to the appropriate authorities.• Providing guidance and training to the team and functioning as an on-ground subject expert.• Coordinating with the technology team in bringing out enhancements to systems from a process perspective.• Coordination on a daily basis and functionally reporting to the headquarters in New York.• Good exposure to advanced AML systems (Mantas, Worldcheck, Fircosoft and the firm’s internal systems) Trainings attended: • One month on the job training on the AML policies & procedures, systems and processes relating to due-diligence, transaction surveillance and suspicious activity monitoring and reporting at the firm’s headquarters, New York.• Various e-learning modules on AML related matters.• Series of short-term trainings on Team management, Business communication skills, Business writing skills etc. Show less

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  Exide Life Insurance

  Dec 2007 - Aug 2012

  Deputy General Manager, Compliance

  Joined ING Life Insurance, India as Senior Manager, promoted as DGM in April 2010Responsibilities:•Heading the Compliance team•Member, Operational Risk Committee and Sexual Harassment Committee•Attending to local regulatory and ‘ING’ Group compliance•Implementing the Compliance Charter and framework•AML / KYC compliance in accordance with FATF, UN, US, EU & Indian regulatory and ING Group requirements•Implementing the Financial Economic Crime policy of ING group in the company•Design and implementation of compliance charts, compliance risk assessments, developing, and implementing risk mitigation activities•Developing and conducting ongoing compliance training programs•Development of various training modules including E-learning modules for various target audiences•Compliance incidents management including initiating disciplinary proceedings•Compliance reporting to top management•Implementing the Code of Conduct, Sexual Harassment & Whistle Blower policies•Implementing procedure/processes for customer screening•Good exposure to advanced AML systems (Fircosoft,Worldcheck)•Lead a project to identify the gaps between 19 US laws which has an extra territorial impact and the local laws and the company’s policies/procedures and incorporate them into the Compliance monitoring charts•Represented the company in the MLRO conference convened by Financial Intelligence Unit India•Represented the organization in ING Asia Pacific Regional Compliance officer’s conference, Bangkok and ING Group Compliance officer’s conference/ Compliance monitoring workshops at AmsterdamTrainings:a)Presenter and participant , Training for Compliance officers of conducted by ING, at Hong Kongb)MLRO Master Course’, conducted by ING, at Hong Kongc)Compliance Monitoring Workshop conducted by ING, at AmsterdamAsia Pacific Regional Responsibilities: Handling regional office responsibilities, Advisor on Compliance framework activities, support on special regional office projects Show less

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  Doha Bank Assurance Company LLC

  Sept 2012 - Nov 2015

  Deputy Compliance Officer & Deputy MLRO

  Compliance Responsibilities:•Ensure the company’s compliance to statutory and regulatory norms of QFCA and QFCRA•Managing the company’s AML/KYC Risks•Design, develop and implement AML Policy, develop Standard Operating Procedure for AML requirements including AML Policy, Customer/Business Partner Due-diligence, Monitoring of Customers/Counterparties, STR reporting’s, AML Trainings etc.•Approval Authority for all AML related compliances •Decision making on the risk based methodology•Single point of authority for clearing all AML related queries, including KYC/Customer Due Diligence requirements, customer acceptance, customer risk ratings, decision making on the customer screening reports and business from sanctioned jurisdictions;•Compliance Risk Assessment – CRSA / RCSA – Identification of compliance risks, measure and implement mitigation programs;•Compliance risk monitoring and mitigation – sample and on-going monitoring, development of compliance / AML KRI’s;•Compliance advisory to business;•Compliance and AML training to employees / compliance communication programs;•Intensive training to risk sensitive functions on AML;•Regulatory liasoning;•Compliance reporting to senior management and Regulatory Reporting’s;•Compliance incidents management including investigation, reporting and closure;•On-going coordination with other risk functions in closing compliance issues.Legal Responsibilities:•Overseeing the legal function. The legal officer of the Company was reporting into me.•Function as the central point of contact, coordination with the paneled external legal counsels in managing legal issues of the company.•Management of litigations of the company and periodic reporting to the senior management.•Identify, measure and assess legal risks and recommend legal risk mitigation process in the RCSA exercises.•Advise on provisioning for litigation risks.•Develop and maintain the legal risk register•Legal risk reporting to the Board Show less

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  Aetna, a CVS Health Company

  Dec 2015 - Mar 2016

  Corporate Compliance Lead

  Corporate Compliance Manager (Corporate Compliance Lead), AETNA Global Benefits, Qatar Branch.(AETNA Global Benefits, Qatar Branch is a branch of AETNA International, a major global health insurer headquartered in US, and the third party administrator in implementing the National Health Insurance Scheme of the Government of Qatar.) Responsibilities:• Independently handling the compliance and legal functions of Aetna in State of Qatar. Reports to the Chief Compliance Officer of the group in UK.Reason for seeking new opportunities: Current employer is winding up their operations in State of Qatar, pursuant to a government policy change. Show less

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  Sharq International Law Firm

  Mar 2016 - Sept 2016

  Senior Associate

  Sharq Law Firm is a world class full service commercial law firm headquartered in Doha, Qatar. Responsibilities:• Focal point for Corporate and Arbitration verticals for the Firm;• Experience includes advising and representing clients at various Disputes Resolution Boards and Forums including Arbitration Centers like International Chamber of Commerce, Dubai International Arbitration Centre etc.; • Advising clients on commercial and employment matters;• Drafting, amending and reviewing various types of commercial contracts;• Legal advisory services. Show less

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  Lifecare International

  Sept 2016 - now

  Group Head, Legal & Compliance

  Group Head, Legal & Compliance, Lifecare International, QFCRA approved Compliance and MLRO function (Lifecare International is an Insurance Broking Firm having entities in UAE, Qatar and Kenya.) Responsibilities:• Heads the Lifecare Group Legal & Compliance Function• Contracts management, Litigation management, Legal advisory• Assisting in ensuring the Group’s compliance to the regulatory norms of UAE, Qatar and Kenya• Assisting in managing the Group’s AML / KYC Risks;• Develop and maintain Compliance / AML policies, procedures and standards across the Group • Identification, assessment, mitigation and monitoring of Compliance and AML risks • Compliance incident management and Key Risk monitoring• Compliance updates / reports to the senior management • Compliance trainings and /Compliance advisory• Regulatory liaisoning and reporting’s• Preside Governance, Compliance and Risk Committee In addition to the above, oversees the Risk and Internal Audit Function. Show less