Balachander Elango

Experience

1. Operations Training and Delivery (India) Risk & Compliance at Ibm India Pvt Ltd

   IBM

   Jul 2017 — Present · Bengaluru, IN

   Compliance professional holding an extensive career graph of 10+ Years of expertise across Anti- Money Laundering Operations, Transaction Monitoring, Risk assessment, List management, Sanction screening and KYC Activities.• Currently handling a team of 45 people with end to end BAU activities• Conducting team huddles to analyze and understand the work effectiveness, challenges at work and general discussions• Daily reports on deployment, utilization, efficiency• Presentations on the team’s out put and discussions on QC and other important elements in weekly and monthly Governance calls• Conducting individual meetings on productivity, quality scores to the team and also providing inputs on scope of improvement areas accordingly• Being part of regular client calls on daily and weekly basis to update the team’s output and also receiving the procedural updates from client’s end if any and cascading the same to the team.• Conducting additional trainings and sharing best practices and cases with team to utilize the same • Conduct daily surveillance on remittance and FX transactions queries received from corresponded banks. Follow-up on the exceptions identified and execute due diligence for high risk amount, countries, customers and monitoring of suspicious activities.• Manage AML audit records across countries for internal, external and regulatory observations. Follow-up on open items and close the observation with respective countries to ensure timely action and zero breaches.• Periodic review and drafting of policy and procedure standards and collaborate with stakeholders across the business to agree content, standard and controls.• Develop a strong and robust process for the effective capture and delivery of risk reporting to senior management.• Present periodic Dashboard reports on the current program, future opportunities and client issues.