Tanveer Singh Kalra
Kansas City,MO
Summary
· CAMS Certified Results Driven Senior Banking & Compliance Professional with 13+ Years of Experience in Global Compliance (EMEA, NAM, APAC).
· Expertise: FinTech, Institutional Banking, Corporate Trust, KYC, BSA/AML, Sanctions, GDPR, Risk Assessments, Project Management, FCC, Program Development, Terrorist Financing, US Patriot ACT, OFAC, FinCEN, MiFiD I, II.
· Strong Managerial Leadership, Interpersonal, Project Management, Communication, Relationship Management, People Management, Influencing AND Analytical & Quantitative Skills.
· Flexible, Adaptable, Ethical and High Energy professional focused on driving staff in meeting corporate needs and implementing changes by supporting strategic initiatives.
Overview
14
14
years of professional experience
1
1
Certification
Work History
Board Treasurer
ACAMS (Kansas City Chapter)
12.2023 - Current
- Advised management regarding significant expenditures to keep operations in line with budget limitations.
- Executed financial due diligence tasks on daily basis to maintain optimal company finances.
- Planned and managed annual budgets, tracking expenses, and investigating discrepancies to maintain optimal controls.
- Reconciled monthly statements, invoices and expense accounts, keeping records accurate, and current.
Vice President - Corporate Risk and Institutional
UMB Bank N.A
07.2019 - Current
- Overseeing UMB’s Corporate Risk Services and AML compliance efforts for the Institutional divisions including: UMB Fund Services, UMB Financial Services, Corporate Trust, UMBF Trust and Agency Services (Ireland), Custody, Investor Services, Investment Banking, Correspondent Banking, Healthcare, and UMB Family Wealth.
- Leading the strategy, implementation, and execution of our BSA/AML program in FinTech, Institutional Banking and Corporate Risk Services, etc. by implementing and monitoring the set forth policies and procedures for customer identification program (CIP), customer due diligence (CDD) and enhanced due diligence (EDD) requirements laid by the regulatory bodies.
- Developing, re-implementing and maintaining AML policies, procedures, internal controls, and processes to support AML compliance including execution of the program and reporting to senior management.
- Serving as the central point of contact for Enterprise Compliance and AML Examinations, Internal Audit and Regulatory Examinations for US AML, providing oversight of requests for information, ensuring responsive and timely delivery of information, coordinating, and preparing management response to findings, and ensuring effective communication to US AML leadership regarding the status of assurance and examination activities.
- Oversee the OFAC compliance processes, including the review and escalation of potential matches, filing reports and management of such reports for UMB Financial Corporation and UMB Fund Services.
- Serving as the subject matter expert in coordinating with key cross-functional teams (e.g., Engineering, Product, IT/Operations, Data Analytics) to ensure effective implementation and functioning of the program.
- Develop and implement risk mitigation strategies to address identified risks by identifying potential areas of non-compliance and develop strategies for addressing them.
- Work with Product and Payment Operations teams to assess, mitigate, and enhance controls for funds transfers related to FinTech/Trade transactions and more broadly across payments within the region.
- Develop and deliver AML and BSA training programs for employees across the Corporate and Institutional Coverage.
Global KYC Compliance Officer – (EMEA, APAC, NAM)
Citi Bank N.A
06.2018 - 05.2019
- Maintain subject matter expertise of applicable anti-money laundering laws and regulations and support business lines by providing guidance on KYC compliance requirements.
- Designing, Developing, and Overseeing Implementation, reviewing and reporting on AML projects and initiatives, addressing certain AML risks, and communicating to AML Management.
- Maintain oversight in the development of a sound KYC/EDD/CIP Program, including execution of the program, creation of policies and procedures, and reporting to senior management.
- Develop the on-going KYC training plan to develop and enhance staff knowledge of business, product and AML policies including review and attestation processes.
- Conduct self-assessment and work with different departments to follow up closure of gaps identified. Communicate key development and changes to the AML-FCC team. Ensure all management personnel and staffs are fully knowledgeable of the risks involved and about their responsibilities with regards to AML-CFT.
- Setting up written guidelines for the AML program that are based on Bank's actual method of doing business that is easily understood and is based on company's vulnerabilities to money laundering and terrorist financing. Identify high-risk operations (products, services, customers, and geographic locations); provide for periodic updates to the institution’s risk profile; and provide for an AML compliance program tailored to manage risks.
Senior KYC Compliance Remediation Officer (C)
HSBC Bank
02.2018 - 06.2018
- Manage and lead ‘KYC' Remediation function in the site with a team of 20 or more analysts.
- Develop the on-going KYC training plan to develop and enhance staff knowledge of business, product and AML policies including review and attestation processes.
- Develop, implement, and maintain AML policies, procedures, internal controls, and processes to support AML compliance.
- Develop, implement, and monitor the customer identification program (CIP), customer due diligence (CDD) and enhanced due diligence (EDD) requirements.
- Set forth policies and procedures for onboarding all new customer relationships by the business officers and the ongoing CDD/EDD reviews of relationships by business officers.
- Designing, Developing, and Overseeing Implementation, reviewing and reporting on AML projects and initiatives, addressing certain AML risks, and communicating to AML Management.
- Conduct thorough investigations and provide recommendations on the results of such investigations.
- Lead and execute process enhancements to improve quality or efficiency of key work in the KYC platform or other AML processes not supported by the KYC platform.
Director - Global Transaction Monitoring
E .H. Developers Ltd.
09.2016 - 02.2018
- Closely monitor different program progress and ensure timely completion as most efforts have Audit or Regulatory commitments.
- Acting as primary architect for EHD's global AML/CTF transaction monitoring program, including definition of scenarios, rules and thresholds.
- Overseeing the investigations processes globally, including alert driven reviews and proactive monitoring of customers and activity in all jurisdictions.
- Partnering with Compliance Data & Technology, Product, and Engineering teams to implement enhancements to the transaction monitoring systems.
- Identifying opportunities to improve the overall efficacy of the monitoring program, including but not limited to, use of machine learning and artificial intelligence to detect unusual activity and adjudicate alerts.
- Staying at the forefront of money laundering, terrorist financing and other financial crimes regulations, risks and typologies, and technologies to detect suspicious activity.
Area Manager - Risk and Fraud Control (C)
State Bank Of India, SBI
04.2016 - 08.2016
- Assess fraud risk scenarios and work collaboratively with internal stakeholders to design and implement Fraud detection solutions of the future, integrating technologies, or sharing management expertise.
- Review and draft related policies, annual plans, operating or working procedures / manuals.
- Provide independent and objective oversight and monitoring of the Bank’s suite of Fraud and Financial Crime Policies covering - Anti-Money Laundering and Countering Terrorist Financing, Sanctions Compliance, Anti-Bribery & Corruption and Fraud Risk.
- Manage the annual review and ongoing maintenance of the Bank’s Fraud and Financial Crime policies and standards.
- As subject matter expert, work closely with the first line of defense to review AML due diligence escalations (e.g. Sanctions / PEPs and Adverse media) and where necessary make recommendations for the Bank’s MLRO/DMLRO to approve/decline in line with the Bank’s AML Policy and Risk Appetite.
- Act as trusted point of contact for internal and external stakeholders (including government, regulators and law enforcement) in relation to fraud and financial crime.
- Work collaboratively with other Risk & Compliance team members to provide data, insight and analytical expertise on risk management, compliance and internal control across SBI to internal and external stakeholders.
Senior Branch Manager
Lloyds Banking Group
02.2010 - 03.2016
- Lead team to drive business performance through acquisition, coaching, business development and retention of customer relationships.
- Provides thorough, accurate and insightful analysis, including but not limited to, Statutory Forecasting, Financial Quadrant of P&L, Balanced Scorecard, Financial Reporting, Profit Planning, Structural Cost Transformation.
- Review and draft related policies, annual plans, operating or working procedures / manuals.
- Conduct fraud risk assessment on new products and services.
- Ensure the effective implementation of a Wealth Management-led Premium & HNW bank strategy to drive and grow profitable Banking relationships while continuing to support and enhance our retail client base
- Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems, and knowledge
- Represent the Company on community organizations and activities to enhance the Company's image and promote and develop additional business through the development and expansion of referral sources.
Education
Post-Graduation - Information Technology - Information Technology
London Academy
London, United Kingdom01.2007
Bachelor of Engineering - Honors - Mechanical Engineering
Visvesvaraya Technological University
Karnataka, India01.2006
Skills
- Regulatory - FATF, FCC, CTF, OFAC, Global AML & Compliance (EMEA/NAM/APAC), GDPR, KYC, Risk Assessment, USPA, MiFiD I, II, Due Diligence
- AML Automation - Robotics, AI, Machine Learning
- Microsoft Office Suite
- AML Technical - SQL, Salesforce, Oracle R12 Financials
- Management – Project, People, Risk, Operations, Data, Quality
Certification
- CAMS (Certified Anti-Money Laundering Specialist)
- Anti-Money Laundering & Financial Crime - (HST, United Kingdom, EU - T1174154-1210684)
- Diploma in Property Investment
- Oracle R12 Financials
Additional Information
- Appointed as a Board Treasurer at ACAMS Kansas City Chapter in December 2023
Timeline
Board Treasurer
ACAMS (Kansas City Chapter)
12.2023 - Current
Vice President - Corporate Risk and Institutional
UMB Bank N.A
07.2019 - Current
Global KYC Compliance Officer – (EMEA, APAC, NAM)
Citi Bank N.A
06.2018 - 05.2019
Senior KYC Compliance Remediation Officer (C)
HSBC Bank
02.2018 - 06.2018
Director - Global Transaction Monitoring
E .H. Developers Ltd.
09.2016 - 02.2018
Area Manager - Risk and Fraud Control (C)
State Bank Of India, SBI
04.2016 - 08.2016
Senior Branch Manager
Lloyds Banking Group
02.2010 - 03.2016
Post-Graduation - Information Technology - Information Technology
London Academy
Bachelor of Engineering - Honors - Mechanical Engineering
Visvesvaraya Technological University
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