Virendra Pal Chaudhary
Branch Compliance Officer @Bank Of Baroda
Signup · Get unlimited contacts
WORK HISTORY
Branch Compliance Officer @Bank Of Baroda
Rajasthan, IN
1st LOD Risk Owner | AMLALERT | LEA Branch liason | RFI Responses | End to End AML Lifecycle | Risk AssessmentLead branch compliance & AML operations across retail and corporate banking.Manage KYC/KYB, CDD/EDD, and high-risk customer reviews.Conduct transaction monitoring, STR/SAR escalation, Money mule detection and fraud investigations.Ensure regulatory audit readiness and maintain zero major audit observations in last 3 audits.Oversee cash, vault, and operational controls, including dual custody and GL reconciliation.Drive digital onboarding and process efficiency, maintaining strong compliance governance.Developed and implemented branch - specific Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) SOPs, resulting in a 25 % reduction in procedural deviations related to account opening and major transaction processing.Streamlined the onboarding process for NRI and HNWI clients, leading to a 15% reduction in documentation errors and improving customer satisfaction scores for high-value segments.Oversee operations for the NRI/HNWI desk, ensuring 100% compliance with stringent FEMA/RBI/FATCA-CRS/KYC/AML/CFT/EDD/CDD regulations and successfully processing over INR 20 crores+(AED 8.8 M+) in foreign inward remittances annually.FATF standards, OFAC/UN sanctions, UBO identification, KYC Refresh, CRM
EDUCATION
Bharati Vidyapeeth University College Of Engineering, Pune
Diploma in Network Security
Bharati Vidyapeeth University College Of Engineering, Pune
Bachelor of Technology, Computer Engineering
ABOUT VIRENDRA PAL CHAUDHARY
Seasoned, CAMS & CISI (UAE Financial Rules and Regulations) certified AML and Financial Crime professional with 10+ years of experience in Bank of Baroda, currently serving as a Designated Branch Compliance Officer with end-to-end responsibility for AML/CFT governance, regulatory compliance, and frontline risk ownership across high-volume retail and corporate banking operations.My core experience is in transaction monitoring, alert investigation, high-risk customer reviews, and timely CTR/STR/SAR escalation in line with regulatory thresholds. I have led and concluded 100+ suspicious activity investigations involving money mule typologies, fraud and cyber-enabled financial crime, working in coordination with senior compliance teams and law enforcement authorities, and supporting the freezing and recovery of illicit funds.I have hands-on expertise across the full KYC lifecycle including CAP/CIP, CDD/EDD, UBO identification, PEP and HNWI risk profiling, KYC remediation, sanctions and name screening, FATCA/CRS and cross-border remittance controls, core banking platforms, AML monitoring systems, early warning tools, MIS and regulatory reporting with a consistent record of audit-ready documentation and zero major audit observations.As a First Line of Defence risk owner, I have led small teams(3-5) in implementing AML policies, strengthening onboarding and transaction controls, delivering compliance training, and closing regulatory and internal audit observations within defined timelines while maintaining strong governance standards.I hold the UAE Financial Rules and Regulations (CISI) certification, along with certifications including CAIIB, JAIIB, AML-KYC, IC38, and FFR(GARP), and maintain working knowledge of the CBUAE AML-CFT framework and goAML reporting expectations, enabling me to navigate complex regulatory landscapes and global banking standards. My CAMS and Certified Crypto Compliance Officer (C3O) qualifications support my understanding of emerging financial crime risks, virtual asset AML/CFT frameworks, FATF Travel Rule requirements, and digital banking control environments.I am particularly interested in roles in AML, Financial Crime, Compliance, KYC/EDD and transaction monitoring within UAE banks, fintechs, exchange houses and regulated financial institutions, where I can contribute as a hands-on investigator and compliance risk professional with strong operational grounding and audit-tested controls experience. Immediate Joiner | Open to relocate to the UAE | Available for virtual interviews
This profile is compiled from publicly available professional sources. Unifers is not affiliated with or endorsed by LinkedIn. Request removal of this profile.