Karthikeyan Selvakumar
Financial Crime Compliance Manager.
- Role
- Financial Crime Compliance Manager at Wipro
- Location
- Chennai, IN
- LinkedIn followers
- 500 followers
About Karthikeyan Selvakumar
Financial crime compliance manager with overall 14.8 years of experience. AML-KYC certified from Indian Institute of banking and finance. working with Wipro as Financial Crime Compliance manager for a UAE Bank, managing 75 FTE for the FCC process - Transaction Monitoring / payment sanctions screening / BBG name screening / PEP screening & AML analytics. Key participant in the focused group discussion for process & product demonstration in sales meeting for Wipro. considerable years of working experience with global banks - Standard Chartered Bank & Royal Bank Scotland. Worked in FSCU team - Standard Chartered Bank, transaction monitoring team - correspondent banking US for near 8 years. worked in Payment sanctions screening team - Royal Bank Scotland for 4 years. Experience in managing overall risk & exposures of customers, involving risk assessment, monitoring and mitigating of portfolio risk based on risk based approach. Excellent interpersonal communication & organisational skills with proven capabilities in the team management, negotiation and planning. Good experience in system testing and process migration and worked in end to end implementation of IT solution. Interview panel & consulting partner for other AML process in Wipro.
Experience
Financial Crime Compliance Manager
Jun 2022 — Present · Chennai, IN
Representing offshore FCC unit for MBR / FCC Connect & Governance meetings with key stakeholders. Presenting FCC strategical MI for stake holders planning activities. Oversaw FCC risk for the retail / Wholesale / wealth management / SME / elite client segments. Managing attrition, replacement hiring & identification of new resources for the future projects. Oversaw completion of thematic review cases and CEO reporting cases. Process owners for the offshore FCC process including SLA / Quality & escalation management. Preparation of strategical plans to face the volume spike and any unprecedented incidents. Responsible for BCP arrangements & BAU continuity. Created multiple backups in the management & SME levels. Implementation & execution of stakeholders requirements. RCA preparation for any unprecedented situations. Maintained internal & UAE central bank audit requirements. Provide adequate measures in addressing the FCC risk.Establishing workflows, build and maintain effective processes / DOI\'s to perform FCC Risk assessments and Risk monitoring, aligning with stakeholders and relevant regulatory requirements. Arranged training & calibration sessions with onshore stakeholders on scheduled intervals. Training & performance evaluation of the Leads, Assistant managers & Deputy Managers.Consistently increased the team SAR conversion ratio. Successfully migrated transaction monitoring process from SAS 5.0 to SAS 8.0. Automated PD & adverse screening searches in the transaction monitoring process and saved 20 HC. Interview panel & consulting partner for other AML process within Wipro.
Education
University of Madras
MBA
2007 — 2009
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