Vinay K Thogre

Experience

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  Deutsche Bank

  Apr 2008 - Apr 2014

  JOB PROFILE : FX INVESTIGATIONS – RECONCILIATIONS Duration: 15th April 2008 to Oct 2012The job is profiled in managing the FX Cash Investigations department of Deutsche Bank, London. The department is designed to identify and handle the post-settlement discrepancies of the trades and settle them with minimum turnaround time starting from reconciliation of nostro breaks, investigating the problems at each stage of the trade and till the authorization of compensation payable. The department is responsible for interacting with both the corporate and inter-bank clients and also with the different internal departments to solve the respective cases.Role & Responsibilities: Post settlement Investigation of Foreign Exchange product between Deutsche Bank and other external counter parties  Chasing the respective clients based on the type of claims logged.  To clear the outstanding breaks in SSR- Allocating Nostro breaks to the appropriate queue  Handling interrelated query within the organization  Setting up the cases for outstanding break  Switching of funds from different Nostro accounts Monthly charges posting to profit and loss account Incoming swifts action & allocations Investigate and identify the root cause of the discrepancy in the trade and resolve the case with minimum turnaround time. To investigate on the setup cases, identify and segregate the problems (non receipt, unapplied funds, over/under receipts & paid in error cases ) Prepared Credit reports and verified credit information Accounts (Receivables / Payable)• followed up and allocated payments• resolved accounts receivable issues with customers• perform month end account analysis• generate and distribute monthly financial reports• reviewed and matched invoices• monitored payment status of accounts• provided general support to the Accounting Department• Preparation of credit reports and Show less

  • Operations analyst

    Apr 2008 - Apr 2014

  • Operations Analyst

    Apr 2008 - Apr 2014
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  Genpact

  May 2014 - May 2015

  Management Trainee

  Role & Responsibilities: KYC & AML Reviews Identifying potential suspicious activity Investigation of fraud cases KYC -Client on boarding (COB) Perform investigations on KYC  Global Sanctions and Screening  MIS Reporting, KYC scrutiny  Provide management reporting information to show performance of risk minimization and quality standards, (Client / Operations) Screening of applications through various Fraud Checks and verification models to on board clients to minimize potential Risk at the acquisition stage Monitoring Watch list and Exit Accounts Assess client legal hierarchy and the ‘Know Your Client’ (KYC) documentation required as per policy Able to identify red flags and judge the need for escalation  Assistance on month end closuresQuality Monitoring & Auditing  Co-ordination with internal teams like Compliance, Fraud Team, Risk Team, onshore team  Preparation of suspicious Activity report To analyze / assess / study in detail the pattern of frauds and risk involved and take corrective actions Perform investigation of suspicious transactions or money laundering alerts Analyzing the frauds across all portfolios Monitoring all fraud and risk transactions with triggers Preparations of Suspicious Activity Report and send it to clients every month end Regulatory reporting Document findings and ensure this is adequate for quality checks and audits Anti-Money Laundering Define and evaluate risk from Politically Exposed Persons (PEPs) focused on your real risks with watch list data Monitoring High risk profiles ex: Terrorists, PEPs,Responsibilities as a KT Resource Learn & document Risk and Compliance procedure our clients Create the process documents (DTPs / SOPs) Create Operational Excellence documents for the process Train the team members on the transitioned processes Handle the operations team Pre Go-Live assessment, SRT Projection & Process Stabilization Show less

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  J.P. Morgan

  Jun 2015 - now

  Team Leader