Ranjith Raj
Compliance Specialist
Sharjah,UAE
Summary
Seasoned Compliance Officer with ten years of experience working collaboratively with top leaders and staff to optimize adherence to policies, procedures, standards and regulations. Well-versed in comprehensive analysis of operations, process improvement recommendations and best practice introduction.
Well-organized and systematic with excellent communication and planning abilities. Looking for challenging position in fast-paced environment.
Overview
5
5
years of post-secondary education
9
9
years of professional experience
Work History
Compliance Specialist
ENBD Group Compliance
Dubai, United Arab Emirates
10.2016 - Current
- Nalyze High risk based accounts such as Customers dealing with High Risk Industries ( Gold, Diamonds, Real Estate, Hawaldar's) High Risk Countries and PEP Nationals
- Identified potential areas of compliance vulnerability and risk to develop and implement corrective action plans.
- Monitored compliance with processes, policies, procedures and standards in regards to special onboarding clients and ultra high risk cases.
- Performed comprehensive review on High risk transactions for AML and Sanction Concerns adhering to Central Bank policies.
- Managed effective action plans to respond to audit discoveries and compliance violations.
- Liaised with risk management, internal audit and Business Segments (RM) to direct compliance issues to appropriate channels for investigation and resolution .
- Investigated supportive documents to validate and justify queried transaction and raise SAR and STR to UAE Central Bank and Placing Restriction on Customer and Related parties , if the query is found Unsatisfactory.
- Gathered, organized and evaluated data to make accurate assessments of current operations.
- Monitored data export from internal and external systems, identifying and reporting potential risks.
Customer Screening and TMU Analyst
ENBD Group Compliance
Dubai, United Arab Emirates
09.2016 - 10.2017
- Managing key Compliance systems such as Customer Screening, Transaction Screening and AML Monitoring.
- Investigate alerts generated against word check-OFAC, UKHMT, EU, UN, INTERPOL, and PEP watch list within the guidelines and the time-frame.
- Managing the investigative process from initial detection to disposition.
- Performing relevant searches and screening in accordance with regulatory requirements
- Escalate any KYC findings and/or negative media observations to senior management, if any.
- Conduct due diligence reviews on individual and business accounts and update KYC profiles in accordance with KYC requirements.
- Conduct end to end investigations on account activity for the referred accounts through UAE Central Bank and various Financial Institutions.
Senior Credit Underwriter
Tanfeeth ( ENBD Group)
Dubai, United Arab Emirates
08.2015 - 09.2016
- Review credit card applications, including credit analysis.
- Review of AECB Report of the customer along with other Central Bank Search.
- Analyze credit data & individual Financial Statements to determine the degree of risk involved in extending credit facilities.
- Review of the Field visit report by external agency and other related documents.
- Review of customer’s document’s (Visa copy, Salary letter, Passport copy, Trade License, Bank statement, Salary Transfer Letter, Credit Card Statement etc).
- Ensuring the card is been issued in compliance of bank policy.
- Gathered loan documentation for underwriting.
- Conducted financial review of customer lines of credit by assessing company financials and initiating credit application reviews.
Senior Credit Assessor
ANZ Banking Group
Bangalore, India
03.2014 - 12.2014
- Assessment of variation to securities held by the bank including releases and swaps.
- Compliance with Central Bank of Australia policy Customer Retention and meeting Service Level Agreement.
- Renegotiation of Personal and Business loan accounts – Repayment changes, Product changes, Rate Changes and Term Extensions.
- Calculation of debt value ratio.
- Approval of Bank Guarantees as deposit for off the plan purchases.
- Approval of bank’s consent to Subdivision of land, lease of commercial properties, easements/covenants and deed of priority.
- Risk Grade Reviews for customers.
- CAD Limit of 1 Million AUD.
- Developed and maintained courteous and effective working relationships.
- Used critical thinking to break down problems, evaluate solutions and make decisions.
Assistant Manager
The Federal Bank Ltd
Mangalore, India
07.2012 - 12.2013
- Managing the day to day banking operations of the bank.
- Sourcing of Loans and conducting primary Assessment on the customers current financial position, employment history, credit history, credit needs , Loan to Value ratio , Calcculation of debt value ratio,and customers’ ability to re-pay the loan.
- Customer Retention and Business Development through Profiling the customer and increasing the financial relationship with the bank.
- Ensure Anti-Money Laundering (AML) and compliance of RBI policies at branch level.
- Ensure KYC policy requirements are always met by the branch and the customer.
Education
MBA - Marketing Management And Human Resources
Kristu Jayanti College Bangalore University
Karnataka India 06.2010 - 07.2012
BBA - Marketing Management And Research
Kristu Jaynati College Banaglore University
Karnataka India 05.2007 - 06.2010
Skills
Compliance knowledge
undefinedTechnical Skills
- Finacle 11.x
- FIRCO
- Siebel CRM
- Financial Crime Risk Management System
- World Check System
- Agency Reporting ( SAR / STR)
- Enhanced Customer Due Diligence
- Central Bank Checks
- Watch List
- Field Visit System
- Em Credit
- Vision plus
- AECB Report
- Cognos System
Certification
- Lean Six Sigma Green Belt A Grade Certificate from Asian Institute of Quality Management - ASCB(Europe) UK Accredited institute - 2012
- Diploma in Business Entrepreneurship from Entrepreneurship Development institute of India Ahmadabad (January 2009)
- Certified Associate Member of the Customer Service Institute of Australia.
Accomplishments
- Winner of Best Performer in South Zone Region for Priority Banking in Federal Bank.
- Winner of Outstanding Customer Service at Australian Newzland Bank.
- Winner of Thank you awards and Bravo Award at Tanfeeth.
- Recognized and Rewarded for Preventing Internal Fraud of AED 150,000/-
- Runner up for of ICS Master Mind Competition
Personal Details
Date of Birth : 18-01-1989
Citizenship : Indian
Marital status : Married
Passport Number :L6241926
Visa Status: Employment Visa
Gender :Male
Languages Known :English, Malayalam, Hindi, Kannada, Tamil, Telegu.
Joining: One Month Notice Period
Professional References
Reference shall be provided upon request.
Declaration
I Ranjith Raj K hereby certify that the above mentioned data correctly describe my experience my qualification and me to the best of my knowledge.
Sincerely,
Ranjith Raj K
Timeline
Compliance Specialist
ENBD Group Compliance
10.2016 - Current
Customer Screening and TMU Analyst
ENBD Group Compliance
09.2016 - 10.2017
Senior Credit Underwriter
Tanfeeth ( ENBD Group)
08.2015 - 09.2016
Senior Credit Assessor
ANZ Banking Group
03.2014 - 12.2014
Assistant Manager
The Federal Bank Ltd
07.2012 - 12.2013
MBA - Marketing Management And Human Resources
Kristu Jayanti College Bangalore University
06.2010 - 07.2012
BBA - Marketing Management And Research
Kristu Jaynati College Banaglore University
05.2007 - 06.2010
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