Rakesh R

Experience

• 

  Deutsche Bank

  Aug 2011 - Apr 2013

  Process Executive AML/KYC

  - Review KYC escalations and provide advice to ensure compliance with local and internal AML policies - Assess regulatory and reputational risks, and mitigate those risks when making decisions - Identify red flags and control issues with respect to KYC/Client On‑boarding - Maintenance of quality of the KYC files according to the compliance rules and guidelinesWork on and have a good understanding about PEP, SANCTIONS, Country Risks and other OFAC redflagged risks - Keep up‑to‑date with AML/KYC regulations and requirements Show less

• 

  HSBC

  Apr 2013 - now

  Provide project management and change management support for Risk Ops transformation Optimusdelivery. Facilitate communication, address mid‑level and executive questions and concerns, and maintaindeadlines. Coordinate and organize a team to ensure obstacles are removed and they are able to keep ontask with the project. - Lead, and Manage complex projects across wholesale, wealth private banking and Tax utility - Define, plan and manage the entire scope of work and all the resources needed to deliver projects ontime, cost and quality - Build accurate budgets, financial plans and forecasts for your business area - Effectively manage RAID management and communicate to wider stakeholders - Provide project management and change management support for overall Risk Ops transformationOptimus delivery - Facilitate communication, address mid‑level and executive questions and concerns, and maintaindeadlines - Coordinate and organize a team to ensure obstacles are removed and they are able to keep on task with the projects Show less - Part of the Smart Serve Workflow tool as the Product owner delegate - Identifying change and coordinating and managing the delivery of change - Responsible for requirements, implementation, design and change management activities - Collaborating with delivery partners and subject matter experts in gathering, translating and clarifyrequirements and define design solution - Responsible for planning, controlling and reporting on implementation of the change product, focusingon accelerating benefits and minimizing risk during deployment - Responsible for interfacing with Enterprise Architecture Steering team to make sure the development plans/roadmap align with business strategy and execution plans Show less - Support in checking the quality of the KYC profiles in accordance with the established Group Policy - Work with the KYC Analysts and KYC Team managers to ensure timely completion of profiles andprioritize workload to meet objectives of the KYC team - Ensure implementation and adherence to audit and compliance requirements and proactively highlightthe potential issues to the management - Interfacing with the Client Liaison Group, Compliance, Front Office and Relationship Managers whereverapplicable especially on matters that involve escalation of pending and ageing profiles. - Assist the team in comprehending complex ownership structures - Supporting in producing timely, high quality KYC profiles and address quality issues - Mentor KYC analysts to ensure that there is continuous improvement in quality Show less - Review KYC escalations and provide advice to ensure compliance with local and internal AML policies - Assess regulatory and reputational risks, and mitigate those risks when making decisions - Identify red flags and control issues with respect to KYC/Client On‑boarding - Maintenance of quality of the KYC files according to the compliance rules and guidelinesWork on and have a good understanding about PEP, SANCTIONS, Country Risks and other OFAC redflagged risks - Keep up‑to‑date with AML/KYC regulations and requirements Show less

  • Vice President Operations Transformation

    Mar 2024 - now

  • Assistant Vice President - Process Consultant

    Feb 2020 - Apr 2024

  • KYC Strategy SME- Project Manager

    Jul 2016 - Jan 2020

  • Production Quality Controller

    May 2015 - Jun 2016

  • KYC Analyst

    Apr 2013 - Apr 2015