Dipti Sutar

Consultant - KYC/AML - Ernst and Young LLP

(2021-06)

Conducted Know-your-customer (KYC) reviews performed on the onboarding bank clients.
Performed Customer Due Diligence and Enhanced Due Diligence on clients involving country-specific requirements of China, Hong Kong, Singapore, and Australia.
Ensured compliance with regulatory requirements by conducting thorough customer due diligence checks.
Identified potential risks and red flags through comprehensive customer risk assessments, mitigating potential financial losses.
Adjusted end-to-end KYC process needs to align with workforce capabilities.
Reduced the risk of money laundering and terrorist financing by implementing robust KYC policies and procedures.
Reviewed new prospect KYC documents to meet requirements and determine business model risk.
Performed periodic reviews and reports on merchants to comply with rules, regulations and KYC requirements.
Managed a high volume of client data, maintaining strict confidentiality and adhering to internal policies for information handling.
Prevented account closures or penalties with prompt resolution of outstanding KYC issues for high-risk clients.
Performed quality assurance checks on completed customer files, ensuring accuracy and completeness before submission for review or approval.
Prepared high-risk reviews with results and recommendations for customer onboarding, closure and retention.
Enhanced client onboarding process by streamlining KYC procedures and reducing turnaround time.

Associate Consultant - Ernst and Young LLP

(2021-06)

Conducted comprehensive analysis of regulatory transactions related to a variety of trading products ensuring adherence to EMIR, MIFID, and other key regulations.
Reviewed and validated essential documentation to support client compliance efforts under applicable regulations.
Leveraged Product Matrix to comprehensively assess client relevance under different regulatory frameworks.
Exhibited strong leadership capabilities by successfully managing projects from initiation through to completion.
Regularly executed quality checks to uphold compliance standards in all deliverables.
Delivered high-quality presentations showcasing key findings and recommendations to both internal stakeholders and clients.
Managed multiple projects simultaneously while maintaining attention to detail, organization, and adherence to deadlines.
Maintained database systems to track and analyze operational data.

Risk Analyst - KPMG

(2019-07 - 2021-04)

Effectively coordinated and organized client-specific information and documentation for seamless onboarding processes.
Conducted thorough ongoing customer due diligence, ensuring accurate maintenance and updates of AML and KYC records.
Proactively identified and escalated suspicious activities to AML and Compliance for timely investigation.
Executed detailed due diligence on ultimate beneficial ownership while assessing client relationships with PEPs and high-risk jurisdictions.
Managed the entire KYC client process, fostering compliance across business areas.
Reviewed a diverse array of entities, such as CIS funds and investment managers, within a global context.
Performed enhanced due diligence on PEP (Politically Exposed Person), clients from High-Risk countries.
Client's relation with Sanctioned countries and other higher risk categories.
Performed Periodic KYC reviews based on Risk classification and Complex ownership Structure.
End to end management of client KYC process including liaison across the business, compliance and operations.
Furthermore, this role was to identify and escalate any suspicious or unusual matters to AML & Line of Business Compliance for further investigation.
Worked on execution of drilling down the ownership to identify the ultimate beneficial ownership, nature & purpose of business, involvement of PEPs, source of funds & wealth.

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