Paresh Ranjane CFE
KYC Analyst
Mumbai
Summary
Detail-oriented KYC Analyst executes Know Your Customer activities focusing on client onboarding and exceptions in line with regulatory standards and jurisdictions. Robust knowledge and understanding of regulation affecting KYC program. Interacts and works closely with business stakeholders at all levels of seniority.
Overview
1
1
Certificate
3
3
Languages
8
8
years of professional experience
17
17
years of post-secondary education
Work History
Senior Due-Diligence Officer
Bnp Paribas Bank
Mumbai , Maharashtra
2023.Jan - Current
- Create the KYC Records in the KYC system sourcing information from internal and external sources by the agreed deadline.
- Proactively interact with stakeholders to update system with information until final approval of KYC Record.
- Review information from internal and external sources for company news (Firm website,Fenergo, Regulatory websites, Company website, Dun & Bradstreet, Google etc.)
- Validate the information within the record and CIP document to ensure complete and accurate (Company/Entity Formation, Ownership, Management, Market Reputation etc.)
- Complete record incorporating local regulatory requirements / Global AML KYC FCB End-to-End Process Procedures.
- Identify, review, and perform enhanced due diligence on Senior Public Figures and associated individuals related to Foreign Corresponding Banks.
- Take responsibility for record and associated documentation completion from initiation to approval.
- Maintain status tracking tool current and be able to demonstrate work carried out.
- Highlight any discrepancies to Team Lead.
- Assist with the preparation for audits– both internal and external regulatory reviews.
- Proactively identifies and resolves any other execution risks and issues, escalating Issues to team Lead or other Stakeholders as appropriate.
- Conduct calibration sessions to standardize knowledge across Team.
KYC Analyst
Wahed Technologies Pvt ltd
Mumbai
2019.05 - Current
- Responsible for Client On-boarding as per KYC rules and regulations.
- Verify Client background like his/her ID proof, Address proof, Nationality and source of wealth for onboarding purpose.
- Used Sanctions tools for client screening like "Onfido" (For Malaysia and others), "Comply- Advantage" (For UK and USA Clients) etc.
- For UK Client raise ticket on "Trello" for query purpose and after that coordinate with CS Team for query resolution.
- Escalate EDD Clients to compliance department for risk profiling reviews.
- Manage MIS reports, keep team informed of both successful applications and rejection cases on KYC Logs.
- Ensure minimum error and due compliance norms are followed.
Compliance Process Co-Ordinator
Novartis Healthcare Ltd (On Payroll Of Manpower)
Mumbai
2017.05 - 2018.06
- Ensure complete documentation requirements as per compliance policies and Standard operating procedures (SOPs)
- Provide active support during various audits- Internal Audit & OEC (Office of ethics & Compliance), External Audit
- Identifying compliance risk areas and communicating such risk areas to relevant management/ OEC (Office of Ethics &
- Compliance)
- Ensure proper documentation in place before commencement activities- (FORM-1 (Event budgeted amount), HCP (Healthcare professional) Service agreement, HCP criteria & E-mail confirmation approval etc.
- Download the Pre-event & Post event related documents from SAP & cross verify with expense claim form
- Post activity, ensure documentation carries proof of performance, deliverable match the HCP fees & Vendor invoice (Zenith bills) before processing payment- collaborate with Money matters team on payment
- Following up with Finance Team for late payment cases
- Ensure effective and timely analysis of errors and incidents and implementation of corrective and preventive actions
- Assist the Compliance Department with daily compliance program responsibilities
- Providing data analytics and reports related to compliance to enable local managements to assess implementation and effectiveness of local compliance strategies.
-
Kyc Executive
IL&FS SECURITIES SERVICES LTD
Mumbai
2016.12 - 2017.05
- Verification Of Demat & trading account as per CDSL & NSDL checklist.
- Verification of KYC documents of Individual accounts as well as Corporate accounts etc.
- Co-ordinate with DP team
- Checking client KYC documents on KRA registration websites like MCA, CKYC,KRA Etc.
- Checking customer mails for query resolution.
- Establishing Co-ordination with DP team for KYC escalations.
- Maintain report on client tracker
- Directly reporting to team manager for exception & problematic issue.
Credit Process Associate
ICICI BANK LTD, Process Ltd
Mumbai
2015.07 - 2016.11
- Checking credit card policies as per bank norms
- Checking KYC document's of customer like ID proof & Address proof, Source of wealth for client background verification purpose.
- Process clients on basis of Credit policies and regulations
- Sanction & Decline credit card as per bank norms
- Maintain rejected/accepted cases on report on excel & then this report send to regional manager.
Education
PGDM - Finance
Welingkar Institute of Management
Mumbai 2016.01 - 2017.12
Bachelor of Commerce - Commerce
University of Mumbai
Mumbai 2011.06 - 2014.03
H.S.C -
Maharashtra State Board
Mumbai 2009.03 - 2011.02
S.S.C -
Maharashtra State Board
Mumbai 1998.07 - 2009.03
Skills
KYC/AML Compliance
Certification
Certified Fraud Examiner (CFE)
Timeline
Senior Due-Diligence Officer
Bnp Paribas Bank
2023.Jan - Current
KYC Analyst
Wahed Technologies Pvt ltd
2019.05 - Current
Compliance Process Co-Ordinator
Novartis Healthcare Ltd (On Payroll Of Manpower)
2017.05 - 2018.06
Kyc Executive
IL&FS SECURITIES SERVICES LTD
2016.12 - 2017.05
PGDM - Finance
Welingkar Institute of Management
2016.01 - 2017.12
Credit Process Associate
ICICI BANK LTD, Process Ltd
2015.07 - 2016.11
Bachelor of Commerce - Commerce
University of Mumbai
2011.06 - 2014.03
H.S.C -
Maharashtra State Board
2009.03 - 2011.02
S.S.C -
Maharashtra State Board
1998.07 - 2009.03
Certified Fraud Examiner (CFE)
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