Jayanth Sarathi

Experience

• 

  ITC Limited

  Jun 2007 - Mar 2009

  Officer - Mechanical Maintenance

  • Maintenance of Pumps, Gearboxes, Conveyors, Agitators, Rotary feeders, Mud filters, Clari-disc filters, Bucket Elevators in Soda Recovery Plant.• Lubrication, Condition Monitoring of equipments and Predictive & Preventive Maintenance.• Preparing, updating dossiers for all the equipments and maintenance of ISO 9001 documents.• Implementation of TPM work practices, coordinating the systems and safety audit. KEY ACCOMPLISHMENTS• Water conservation of 450 m3/day by using mechanical seal outlet water as make up water for cooling tower.• Utilization of back water for floor cleaning to bring down fresh water consumption across all the areas in process business units.• Installation of duplex strainers for mechanical seal water thereby reducing the failure of seals and reducing inventory costs.• Utilization of cooling tower water as vacuum pump sealing water to reduce the fresh water consumption in the evaporation plant of chemical recovery Show less

• 

  Mahle India Pistons Ltd

  May 2010 - Jun 2010

  Summer Intern

  The project deals with reducing the waiting time of pistons when they are transferred from the heat treatment unit to the machine shop. The project involves time and motion study to determine the processing time to cut the runner and riser for around 40 models of pistons. The utilization is calculated based on the monthly demand and the bottleneck is identified. A sequencing model is developed using Microsoft Excel which is based on the shortest processing time as it reduces work-in-process inventory. The model calculates the time to process all the pistons based on the input given in the data sheet. The processing time and waiting time is calculated automatically. The sheet can also be used to determine whether the capacity is sufficient enough to process all the pistons. Show less

• 

  UAE Exchange

  Jun 2011 - Sept 2020

  • Conception, design and implementation of system enhancements and regulatory projects to detect and prevent money laundering, terrorist financing and for regulatory compliance.• Executing automation projects to reduce human interference and improve processefficiency facilitating efforts towards AML/CTF and regulatory compliance.• Lead in User Acceptance Tests and maintenance of dossiers & defect logs.• A cross-functional member reviewing project/product proposals in view to prevent anddetect money laundering and terrorist financing.• Lead in performance of periodic penetration tests to ensure system and processeffectiveness.• Acting as advisory for analyzing and filing of suspicious activity reports with regulator.• Incident reporting to Governance, Risk, Compliance (GRC) committee.• Coordinating internal, external and regulatory audits.KEY ACCOMPLISHMENTS• Successfully implemented Watch List Filter (an automated sanction screening module) and Customer Due Diligence (an automated customer risk assessment module) modules of NICE Actimize solution, from conception to rollout. Show less • Sanctions screening, investigation, analysis and reporting.• Transaction monitoring of remittance, foreign exchange, prepaid stored value card andinstant money transfer products.• Risk assessment and Client On-Boarding of financial institutions.• Business analysis, preparation of functional specification documents for processenhancements & development and performing UATs for deployment of features byfollowing a risk based approach.• Facilitating correspondence with financial institutions for inquiries.• Review of project proposals of application system and impact assessment.• Coordinating internal audits. Show less • Restructuring, customizing and streamlining user accesses in application system assessing the risk involved.• Execution of expansion operations, application system migration and project/feature deployments.• Handling rule engine for various remittance and foreign exchange products by complying with department and AML policies.• Preparation of policies & procedures, process manuals, SOPs, proposal documents and functional specification documents for process enhancements and decentralization, performing User Acceptance Tests.• Strategizing team’s activities by preparing criticality analysis, Turnaround Time analysis and comparative analysis.• Member of Quality Circle for continuous process improvements by implementing six sigma methodologies and root cause analysis.• Record keeping and coordinating internal and external systems audit.KEY ACCOMPLISHMENTS• Successful decentralization of critical operation management functions to centralized country administrators.• Successfully set up an off-shore team leading to increased availability of team and reduction of cost.• Recipient of “Star Award” for contribution to Quality Circle.• Recipient of “Performance Excellence” Award. Show less

  • Associate Manager - Sanctions, Regulatory Affairs and AML Projects

    Apr 2018 - Sept 2020

  • Assistant Manager - AML Special Projects

    Apr 2016 - Mar 2018

  • Senior Associate - Anti-Money Laundering Compliance

    Sept 2014 - Mar 2016

  • Operations and Access Management

    Jun 2011 - Aug 2014
• 

  LuLu International Exchange

  Oct 2020 - Jan 2023

  Compliance Manager (Alternate Compliance Officer)
• 

  Liminal - Custody Solutions

  Feb 2023 - Feb 2024

  Associate Vice President - Compliance

  • Lead the organization's digital asset custodian licensing activities under the regimes of Financial Services Regulatory Authority (FSRA), Abu Dhabi, UAE and Virtual Asset Regulatory Authority (VARA), Dubai, UAE for the group entities.• Establishing compliance standards and driving implementation across the group, ensuring adherence to regulatory requirements and industry best practices• Developing, maintaining, and updating the group compliance policy, providing a robust framework for managing compliance risks• Assessing business and customer risks related to anti-money laundering and counter-terrorism financing, enabling informed decision-making and risk mitigation• Ensuring customer due diligence, enhanced due diligence ongoing due diligence of clients, maintaining a strong compliance culture• Transaction monitoring and reporting of suspicious transactions• Periodic reporting to the Board of Directors• Facilitating internal, external, regulatory audits, ensuring adherence to compliance standards and addressing any identified gaps or issues Show less

• 

  Wells Fargo

  Mar 2024 - now

  Vice President (Lead Control Management Officer) - Risk and Controls Management