Deepak Yadav

About Deepak Yadav

AVP AML Compliance with over 24 years in financial services, driving transformation and…

Experience

1. AVP

   Axis Bank

   Mar 2023 — Present · Mumbai, IN

   Drove AML investigations, optimized operations, ensured compliance, and mitigated risks through strategic policy optimization and leadership.• Investigation and Risk Mitigation: Spearheaded investigations into suspicious activities, identifying patterns of money laundering and financial crimes, and ensuring compliance with regulatory standards.• Regulatory Reporting: Submitted comprehensive suspicious transaction reports (STR) to the Financial Intelligence Unit (FIU-IND), adhering to guidelines set by regulatory authorities.• Policy Development and Implementation: Played a pivotal role in reviewing and refining the bank\'s AML policies, processes, and systems, aligning them with evolving regulatory requirements.• Team Performance Management: Directed team performance, aligning efforts with annual plans and enhancing productivity through strategic leadership and motivation.• Operational Excellence: Monitored and improved turnaround times and quality standards for AML alert resolution, ensuring seamless operations and reduced pendency.• Quality Assurance and Corrective Actions: Enhanced the quality of investigations by addressing QA observations and implementing corrective action plans, fostering a culture of continuous improvement.• Financial Analysis and Reporting: Conducted in-depth financial statement analyses, generating clear, concise, and actionable reports to support decision-making.• Account Management: Identified and eliminated high-risk accounts, mitigating potential risks and safeguarding the bank\'s interests.• Training and Development: Delivered comprehensive anti-money laundering training programs for new and existing employees, fostering organizational awareness and expertise.

Skills

• Credit
• Retail Banking
• Banking
• Risk Management
• Team Management
• Financial Risk
• Business Analysis
• Relationship Management
• Management
• Credit Risk