Kunal Parmar

Experience

• 

  Enercon GmbH

  Jun 2009 - Jun 2012

  Procurement Engineer

  -Global Sourcing Specialist for mechanical, electrical and electronics components of Wind Turbines-Managed 70 suppliers globally in US, Asia and Australia with total purchase volume of USD 30 Million-Vendor Qualification Auditor for Suppliers located in Switzerland, Netherlands, Austria & Germany-Program Manager for MRP implementationSignificant Accomplishments:-Loyalty Award for exemplary performance-Delivered Y-O-Y cost saving of more than 20% for consecutively 3 years Show less

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  The Timken Company

  Mar 2013 - Jun 2013

  Business Strategy Consultant

  “Indian Business Landscape of wind turbine market potential for next 5 years”- Environmental scanning- Policy and regulatory effects- Industry growth drivers & Existing opportunities- Competition analysis & Industry benchmarking- Customized solutions- Innovative value proposition- Cost benefit analysis- Future business development & StrategySignificant Accomplishments:- Letter of Recommendation from Senior Leadership

• 

  NatWest Group

  Jun 2014 - Jun 2017

  Senior Manager - Trade Finance Operations

  Growth Path: Joined as Manager (June’14), promoted as Sr. Manager (July’16)-Managed E2E life cycle of financial instruments like LCs, Collections and Supply Chain Financing-Led a team of 50+ members, Process Ownership of trade finance operations for APAC region-Program Manager for Sanctions Screening and Trade Based Money Laundering Projects-Skilled in developing SOPs, planning for new project migrations, mitigating the risks related to product, process, applications and workflow tools-Drove continual improvement in terms of efficiency and quality by driving Process Excellence Initiatives-SPOC for change management, for strategic tracks instrumental in pivoting the way bank operates-Provided thought leadership to strengthen talent management framework, led redeployment and retention initiatives for trade vertical during business run downs in APACSignificant Accomplishments:-Accredited in Future Leadership Program-Achieved 10+% of Y-O-Y cost savings by Lean Implementation Show less

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  Paytm

  Jun 2017 - Jun 2019

  Senior Manager - Regulatory Compliance

  -Group KYC & AML Compliance lead, Built KYC & AML compliance framework for Merchants-Risk & Compliance representative for review of all new and existing products and processes-Prepared KYC & AML Compliance frameworks for the launch of Lending and Insurance businesses-Instrumental in gearing up Paytm for future compliance challenges and smooth transition from a non regulated to regulated business-Core Founding Team Member of Paytm Payments Bank, designated as Deputy MLRO, was responsible for setting up of KYC and AML function-Compliance Management (Advisory, Change Management, Compliance Assurance, Control monitoring design, Testing and audit interface with Regulators and Vendors/Partners)-Led efforts in evaluation & optimization of process flows of key AML/ KYC/ Risk Operations, coordinated with the vendors for the evaluation and procurement of technology platforms-End to End Program and Product Ownership for KYC & AML ComplianceSignificant Accomplishments:-Successfully built institutional capability to combat risks of financial crime Show less

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  Udaan.com

  Jun 2019 - May 2021

  Trust & Safety, Building Fraud Prevention program from scratch. Designated Principal Officer-MLRO, Leading Risk Operations, Financial Crime Prevention, Investigations, AML & KYC Compliance program.

  • Program Manager - Fraud Prevention

    Jul 2020 - May 2021

  • Lead - Risk & Compliance

    Jun 2019 - Jul 2020
• 

  Amazon

  May 2021 - Oct 2022

  My team is responsible for making Amazon the safest and most trusted place on Earth by protecting the innocent and deterring the 'ill-intentioned'. Protecting the interests of the end users is our top priority, balancing being compliant and giving a great customer experience.-Managing a global team of senior program managers, Responsible for the design, Implementation, Change management and improvement of Amazon's worldwide KYC processes-Continuously improving the process leveraging data and thinking big to come up with innovative ideas to transform the KYC process at global scale-Balancing great customer experience, Regulatory Compliance requirements and operational effectiveness for the worldwide KYC process(quality, cost, productivity)-Partner with the Functional Ops Leaders, Business Stakeholders, Finance for project intake, prioritisation, planning, execution and control post implementation-Hire and develop exceptional talent pool for customer trust and partners support vertical Show less

  • Global Process Owner - Sellers/Merchants KYC

    Jan 2022 - Oct 2022

  • Senior Compliance Manager

    May 2021 - Jan 2022
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  PhonePe

  Oct 2022 - now

  Leading Merchant Risk charter across verticals for PhonePe.-Fraud Prevention Strategy-Merchant Risk Management-Regulatory Compliance-New Product Risk Assessment-Product Roadmap Ownership-Program and Operations Management

  • Director - Trust & Safety

    Jul 2024 - now

  • Associate Director - Trust & Safety

    Oct 2022 - Jun 2024