JIPSON D. BABU
Summary
- Dedicated and detail-oriented KYC (Know Your Customer) Analyst with overall 3 years of experience with pioneer investment banking like Goldman Sachs and HSBC serving large corporate and retail clients located in the Canada,USA and UK.
- Proven track record of ensuring regulatory compliance and mitigating risk in the financial sector.
- Experienced in Conducting thorough customer due diligence, verifying identities, and analyzing complex financial transactions.
Overview
5
5
years of professional experience
Work History
Associate
HSBC Bank
02.2021 - 12.2022
- Performed KYC due diligence, EDD, CDD, and compliance on customer accounts and client onboarding accounts; monitored customer accounts via an internal database.
- Knowledgeable on the global and local KYC processes and various country regulations for the Canada, UK,USA, France, and Egypt.
- Review and disposition of various categories of alerts relating to adverse media, politically exposed persons (PEPs), and special interest entities/persons generated from RDC and World Check.
- Proficient in the use of compliance tools (Banker's Almanac, Company Registries, Annual Reports, OFAC Sanction Searches) while performing screening for entities and individuals.
- Additional hands-on experience on the indigenous tools of HSBC Bank, such as RTS, BMM, and AI Tools.
- Increased team case productivity by 25% by coaching the team to work smarter with their case load by reviewing the cases in their queues.
- Strictly followed country-specific regulatory requirements such as the FINTRAC ,Financial Conduct Authority (FCA) and the Office of Foreign Assets Control (OFAC).
- Entrusted with the responsibility to train and mentor team members, bringing them up to speed in relation to the KYC policy and requirements laid down by the project or process.
Analyst
Goldman Sachs Bank
12.2019 - 01.2021
- Conducted thorough sanction screening processes to identify potential matches against government sanctions lists and watchlist.
- Utilized advanced screening tools and software (Sanction Scanner, SumSub) to ensure accurate and timely screening of transactions and customer data.
- Performed escalation on account due to PEP (politically exposed person) found on other negative media reports.
- Review and discount, where possible, alerts in accordance with the Alerts Screening policy and Global Screening procedures.
- Assisted in the development and implementation of enhanced sanction screening processes and procedures.
- Consistently maintained a track record of completing screening of more than 70–100 per day of KYC in a timely and organized manner.
- Strictly followed the regulatory framework (e.g., Dodd Frank, FINRA 2111, Foreign Account Tax Compliance Act (“FATCA”)) for driving the customer identification program (CIP) and kept abreast of associated changes by screening entity names against sanctions, adverse news, and politically exposed persons lists.
- Ensure suspicious activity is escalated in a timely manner by filling out suspicious activity reports (SAR) in accordance with the applicable service level agreement (SLA).
Internship
Karvy Stock Broking
07.2018 - 12.2018
- Assisted in the onboarding process for enhanced due diligence of prospective customers (trading accounts).
- Coordinate between the client and internal team to gather relevant documents from the customer for KYC procedures.
Internship
Sun Life Insurance
04.2018 - 06.2018
- Risk profiling of insurance clients
- As part of the CIP (Customer Identification Program), assist in collecting all the relevant documents required as part of the KYC requirement.
Education
Postgraduate Diploma in - Financial Planning
Centennial College
08.2023
Postgraduate Diploma in - Finance & Business Analytics
Christ University
06.2019
Bachelor of Commerce - Finance & Taxation
M G University
06.2016
Skills
- Regulatory Knowledge
- AML Technology
- Attention to details
- Advance Excel
- Power BI Knowledge
Languages
English
Full Professional
Timeline
Associate
HSBC Bank
02.2021 - 12.2022
Analyst
Goldman Sachs Bank
12.2019 - 01.2021
Internship
Karvy Stock Broking
07.2018 - 12.2018
Internship
Sun Life Insurance
04.2018 - 06.2018
Postgraduate Diploma in - Financial Planning
Centennial College
Postgraduate Diploma in - Finance & Business Analytics
Christ University
Bachelor of Commerce - Finance & Taxation
M G University
Similar Profiles
Prasanth Reddy BOTTAPrasanth Reddy BOTTA
JIRA Administrator at HSBC BankJIRA Administrator at HSBC Bank
Divya Divya null
Client Service Manager at HSBC BankClient Service Manager at HSBC Bank
Gina KaynakGina Kaynak
Teller at HSBC BankTeller at HSBC Bank
Laveena JethaniLaveena Jethani
Associate International Relationship Manager at HSBC BankAssociate International Relationship Manager at HSBC Bank
PIYUSH RANJAN DASPIYUSH RANJAN DAS
Associate at BNY IndiaAssociate at BNY India