Subhasis Mazumder

About Subhasis Mazumder

Navigating the demanding world of AML/KYC with a sharp eye for process optimization! I\'m Subhasis Mazumder, your go-to expert for anything related to financial crime compliance and insurance process quality. Starting from grounding in mechanical engineering to mastering quality assurance frameworks within high-stakes environments, my career is a testament to dedication and strategic foresight. My role in projects spans across Tata Consultancy Services and WNS Global Services, emphasizing Customer Due Diligence and process automation.Skills in SQL, Minitab, and workflow design tools, alongside Green Belt certifications in Lean Six Sigma, fuel my ability to deliver projects that meet strict regulatory standards and enhance operational efficiencies. Through mentorship and leadership, I guide teams and operations to exceed benchmarks and embrace best practices.Keen on elevating your organizational processes? Connect with me to learn how we can achieve exceptional results together.

Experience

1. Team Manager

   Tata Consultancy Services

   Oct 2023 — Present · IN

   Major Duties & Responsibilities at TCS (AML/KYC Team Manager –UK Insurance Client)• Led and managed an AML/KYC operations team handling high-volume transaction monitoring and customer due diligence.• Oversaw daily end-to-end operations for Customer Screening, Risk Assessment, Transaction Monitoring, and Alert Disposition activities.• Ensured compliance with UK financial crime regulations, including FCA guidelines, by implementing and maintaining robust CDD and EDD frameworks.• Directed the review and resolution of alerts related to Adverse Media, PEP (Politically Exposed Persons), and RCA (Relatives and Close Associates) screenings.• Applied Data Profiling Methodologies and Alert Scoring techniques to enhance efficiency and accuracy in identifying high-risk transactions and entities.• Designed and monitored Event Management systems to detect and track unusual or suspicious customer activity patterns.• Ensured timely escalation of SARs (Suspicious Activity Reports) in accordance with internal escalation procedures and Group’s AML compliance standards.• Collaborated with client-side compliance and risk teams to review policy documents and operational procedures, ensuring alignment with evolving UK regulatory updates.Key Achievements & Successes• Successfully improved alert disposition turnaround time by streamlining review processes and introducing alert prioritization based on risk scoring.• Maintained high audit readiness and zero non-compliance findings during multiple internal and external audits.• Played a pivotal role in adapting the AML operational model to new UK regulations post-Brexit.• Recognized by client stakeholders for maintaining high-quality standards in SAR escalation and reporting.• Contributed to the development of training modules for new analysts, enhancing overall team competency and regulatory understanding.

Education

• Utkal University

  Bachelor of Engineering - BE