Open to opportunities

Dileep Parakkal

@dileepparakkal

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Accomplished banking professional specializing in KYC and compliance.

India

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What I'm looking for

I am looking for a role that offers opportunities for growth, collaboration, and the chance to make a significant impact in compliance and risk management.

I am an accomplished banking professional with nearly 19 years of expertise in retail banking operations, KYC, and transaction monitoring. My career has been dedicated to ensuring compliance with regulatory standards while driving operational efficiency. As a Certified Anti-Money Laundering Specialist (CAMS), I possess a deep understanding of global compliance frameworks and risk mitigation strategies.

Throughout my tenure, I have successfully managed Enhanced Due Diligence (EDD), transaction monitoring, and regulatory reporting, ensuring adherence to both local and international compliance standards. My leadership skills have enabled me to develop and mentor teams, fostering a culture of operational excellence and process efficiency. I am passionate about implementing AML policies and collaborating with internal teams and regulatory bodies to enhance compliance and governance.

Experience

Work history, roles, and key accomplishments

AVP – Back Office Manager

United Bank Ltd. (UBL)

May 2008 - Oct 2023 (15 years 5 months)

Led AML/KYC compliance functions, ensuring adherence to regulations and global policies. Conducted Enhanced Due Diligence and risk profiling of high-risk clients, directed periodic KYC reviews, and managed customer onboarding processes to enhance regulatory compliance.

AML KYC Risk Assessment Regulatory Reporting Transaction Monitoring Customer Onboarding Team Leadership Risk Management

Branch Operations Manager

United Bank Ltd. (UBL)

May 2008 - Aug 2013 (5 years 3 months)

Supervised account opening and client verification processes, ensuring compliance with KYC/AML guidelines. Developed operational risk management frameworks and conducted internal AML training sessions to improve compliance awareness.

KYC Risk Management AML Process Improvement Regulatory Compliance Fraud Prevention Risk Mitigation

Senior Officer – Private Banking

ICICI Bank

Oct 2004 - May 2008 (3 years 7 months)

Managed high-net-worth client onboarding, ensuring compliance with KYC/AML policies. Led customer due diligence reviews and acted as a key member of the BCP team to ensure timely initiation of BCP according to regulatory guidelines.

Onboarding KYC Risk Assessment BCP Management Regulatory Compliance Team Collaboration

Education

Degrees, certifications, and relevant coursework

Financial Crime Academy

Certification, Fraud Risk Management

2024 - 2024

Completed a course on Fraud Detection & Fraud Analytics for Fraud Risk Management, enhancing skills in identifying and mitigating financial fraud risks.

United Bank Ltd.

Certification, Anti-Money Laundering

2008 - 2023

Achieved certification as a Certified Anti-Money Laundering Specialist (CAMS), demonstrating expertise in compliance and regulatory frameworks.

West Virginia University

Certification, Forensic Accounting

2021 - 2021

Completed a Forensic Accounting and Fraud Examination course, focusing on techniques for investigating financial discrepancies and fraud.

Bharathiar University

Master of Business Administration, Financial Management

2002 - 2004

Completed an MBA in Financial Management, focusing on financial strategies, investment analysis, and risk management principles to enhance business performance.