Naveen Singh ,CAMS

Experience

• 

  Royal Bank of Scotland Business

  Nov 2013 - Feb 2015

  AML Analyst

  • Conducted AML investigations and compliance reviews for high-risk customers, collaborating with countries/regions to ensure regulatory compliance.• Documented and communicated investigation findings, preparing comprehensive reports for Compliance and Business management.• Assisted in implementing ad-hoc projects, contributing to process improvements and operational efficiency.• Performed initial disambiguation and disposition assessment for potential matches.

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  Deutsche Bank

  Feb 2015 - Jun 2016

  KYC analyst

  Demonstrated expertise in identifying and investigating suspicious activities to mitigate financial risks and ensure regulatory compliance. Utilizing advanced monitoring tools, data analysis techniques, and collaboration with cross-functional teams to effectively detect anomalies and patterns.• Led a team of transaction monitoring analysts, providing guidance and support in analyzing and investigating suspicious transactions.• Developed and implemented enhanced monitoring processes and strategies to improve the effectiveness and efficiency of the transaction monitoring program.• Independently managed multiple simultaneous requests in a high-pressure work environment, effectively maintaining customer data, ensuring data integrity.• Verified prospective clients in Deutsche Bank's investment banking division, implementing global sanctions and reputational risk screening measures.• Communicated with clients to obtain additional KYC information, clarifying transactions and reducing suspicious activity by 95%.• Ensured timely completion and accuracy of Know Your Customer information, contributing to a seamless onboarding process and maintaining 100% data integrity. Show less

• 

  Citi India

  Jul 2016 - Sept 2022

  • Assisted in developing and implementing enhanced KYC procedures and controls to strengthen the bank's compliance framework.• Acted as the primary point of contact for complex KYC cases, conducting in-depth investigations and making risk-based decisions.• Conducted comprehensive transaction monitoring to identify and investigate suspicious activities and potential money laundering risks.• Utilized advanced monitoring tools and systems to analyze customer transactions, detect anomalies, and ensure compliance with regulatory requirements.• Ensured 100% awareness and full compliance of internal processes, regulations, procedures, and practices within the KYC operations, mitigating compliance risks and achieving zero compliance audit findings.• Executed and tracked KYC tasks, including monitoring and tracking of 500+ KYC records and Appendix approval process, proactively addressing expiring records to maintain a 98% on-time renewal rate.• Fostered strong partnerships with KYC functions and business stakeholders, resolving 95% of issues within agreed-upon timelines and ensuring streamlined KYC operations across the organization. Show less •Manage relationships with Relationship Management teams and Compliance for each country supported by the department •Communicate and coordinate with senior management of ICG EMEA from coverage, compliance, implementations, risk, and operations in various products•Performing end to end KYC process from creation/renewal to approval of the work items in Citi KYC and supporting local country appendices.•Proactively interact with coverage teams and compliance to update system with information until final approval of records in Citi KYC.•Collate and review information from internal and external sources for company news (Company website, Regulatory websites, Google etc.)•Perform the checking procedure and ensure quality and coaching needs are identified and met on the team•Partner with In-Country / Regional AML compliance to ensure that local regulatory CADD requirements remain current•Preparing different types of metrics and reports like (Escalation report, Risk report, Monthly decks, etc.) for senior management and stakeholders •Information within the Citi KYC system and CIP document to ensure it is complete and accurate (Company/Entity Formation, Ownership, Management, Market Reputation etc.)•Assist in departmental quality reviews as appropriate•Responsible for checking all KYC Records within team, and capturing rejection reasons per KYC Record checked•Ensure that relationship/coverage team gets the expected service within the agreed timelines and facilitate calls where deemed necessary•Proactively identifies and resolves any other execution risks and issues, escalating Issues to RM Supervisor, Compliance, Operations Head etc. to ensure KYC Records progress•Conduct side by side training on a monthly basis to ensure Case Managers are having full comprehension of the policies and procedures•Oversight for Adherence with Citi and regulatory policies and procedures as well as housekeeping standards, team controls & processes Show less

  • KYC Operations Intmd Analyst

    Sept 2021 - Sept 2022

  • Officer (KYC Operations Analyst 2)

    Jul 2016 - Sept 2021
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  Morgan Stanley

  Sept 2022 - now

  Manager

  • Conducted thorough AML screenings to identify potential money laundering risks and ensure compliance with regulatory requirements.• Utilized advanced screening tools and systems to analyze customer data, transactions, and other relevant information for suspicious activities.• Collaborated with cross-functional teams to investigate and resolve flagged transactions, ensuring timely resolution and adherence to AML guidelines.• Supervised a team of KYC Analysts, ensuring accurate due-diligence refresh checks on 100+ existing Morgan Stanley clients using research tools and external data sources.• Analyzed and interpreted data from over 300 client profiles, resulting in the identification and mitigation of 15 high-risk accounts within the KYC processesLed end-to-end KYC projects with exceptional project management skills gained through PMP certification. Coordinated cross-functional teams, adhered to timelines, and delivered high-quality outcomes.• Identified process and system enhancements, providing recommendations to senior management. Ensured "Right First Time" performance and maintained high standards.• Provided comprehensive training and coaching support to a team of 15 KYC analysts, improving compliance awareness and proficiency.• Mitigated project risks by effectively highlighting potential issues. Analyzed data and metrics, providing meaningful insights to senior management.• Managed workload distribution and served as a point of contact for team escalations. Produced impactful management information (MI) related to workflow. Show less