Chethan K S

Experience

• 

  Repcol India Pvt Ltd

  May 2005 - May 2007

  Accounts Representative (Debt collections)

  Job Profile: Worked on legal aspects of accounts.Interaction with clients in respect to the requests placed by the agents.Handled fraud cases in collection process.Efficiently worked on accounts relating to updating of client status in the credit bureau (BAYCORP)

• 

  Deutsche Bank

  May 2007 - Mar 2012

  Analyst

  • Responsible for UAT and stress testing of AML applications like Mantas and NORKOM. • Reviewing & Executing Test cases/plans for UAT, Functional Testing & System Integration Testing.• Handled the tasks of ensuring that the Pre-UAT activity is performed accurately and efficiently.• Perform responsibilities of conducting research on IT requirements and business requirements in UAT areas.• Monitoring the financial transactions to identify potentially suspicious activity, including money laundering and terrorist financing activities.• To perform KYC & PCR checks on all the clients.• Review monthly results and semi- annual PEP hits• Monitoring payment transactions for AML/CFT purposes using the Anti Money Laundering and Combating Financing of Terrorism system in compliance with local and Group standards.• Escalation and reporting of all material “suspicious” transactions to the onshore partners.• Analyze extensive accounting statements to detect any patterns or trends that present possible illegal activities or frauds. Show less

• 

  Kotak Mahindra Bank

  Apr 2012 - May 2016

  AML Manager

  Module Expertise Anti money laundering: • Ongoing transaction monitoring of all products and customers of the Bank to detect suspicious transactions and curtailing the flow of funds to the unethical practices. • Ensure that the new tool implemented for AML / Anti fraud is optimally used.• Performing operations relating to FATF VII requirements.• Analyse extensive accounting statements for Non corresponding banking transactions and prepare grounds of suspicion report (Internal SAR) for suspicious transactions and reporting the same to MLRO.Preparation of Quality Assurance Ml and dashboards that are presented in the FCC Committee and other Business Governance forums.. Training and supporting the new partners to the team, performs ongoing transaction monitoring of all products and customers of the Bank to detect suspicious transactions and curtailing the flow of funds to the unethical practices. Show less

• 

  Standard Chartered Bank

  May 2016 - Dec 2020

  Associate Manager

  1. Lead a group of 15-member transaction monitoring team to detect unusual transactions and escalate the same in a timely manner to CFCC Supervising the AML Transaction Monitoring Unit to ensure that the team meets all the business metrics.2. BAU responsibilities: Queue Management, Volume analysis, Trend analysis, Capacity planning, staff augmentation, Cap view, TAT Dispensation etc3. Performing quality checks on the review undertaken by analysts and RCA for improving the quality percentage of the team.4. Actively involved in resolving technical issues/testing of new software implemented by the Bank.5. Also ensuring the group operational risk parameters are implemented and meet the audit requirements(GIA and external). Show less

• 

  Amicorp Group

  Jan 2021 - Dec 2021

  Manager Transaction Monitoring

  Responsible for managing and overseeing activities of both new and experienced investigators as needs are identified and provide expertise and support to the Compliance team on research techniques, capabilities and systems.Monitoring quality control checks (QCC) for TM compliance of Amicorp across all jurisdictions, from an implementation and execution standpoint of defined TM Policy and Procedures.Help with quickly identifying changes to regulations in any jurisdiction and translate them into adjustments to the process/systems, including supporting developing /modification / implementation of policy by working with Risk, Compliance and other internal departments.Ensure bank transactions are appropriately queued up for actions based on our responsibilities to client (Managed / Non-Managed entities), regulations, defined roles and responsibility in the TM system based on policy and parameters such as transaction value, type of transaction, client profile etc., for defined check and clearance and coordinate with other units such as IT, Domiciliary Offices.Regularly reports out team’s performance against goals and action plans taken and drive performance based on them. Show less

• 

  Standard Chartered Bank

  Jan 2022 - now

  Manager

  1. Ensure compliance with regulatory law (including Bank Secrecy and Data Privacy Law), with Anti-Money Laundering (AML) law, with Counter Fighting Financing Terrorism (CFT) law and Anti-Fraud (AF) law as well as compliance with internal guidelines and policies.2. Leads a team of 30+ full time employees in the capacity of a delivery manager and an SME who participates in the formulation of relevant policies, guidelines with regards to the regulations of local laws. Currently managing SAR reporting team for UAE region.3. People management responsibilities include working with employees on career development, setting educational goals, compensation planning, creating performance improvement plans and holding monthly one on one meetings with each employee.4. Responsible for handling SAR drafting, heighten Monitoring, client exit for clients involved in suspicious transactions and escalation of key risk issues to the management.5. Coordinate information requested from supported countries and Group Financial Crime Compliance, relating to AML and ensure that they are promptly attended to.6. Assist in recruitment and training staff and supporting the new partners to the team. Show less