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Jayaram mandimane

@jayarammandimane

Financial crimes compliance director at Morgan Stanley revising country risk assessments and strengthening sanctions controls.

United States

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At Morgan Stanley, I’m revising the Country Risk Matrix to evaluate geographic financial crime risks. I also assess financial products and services for financial crime, regulatory, and operational risks.

As Manager, Global Financial Crimes Screening Controls at Morgan Stanley, I oversaw sanctions screening and policy processes. I tuned existing technology and implemented new solutions, reducing alert volume by 20% and false positives by 10%, and trained Silent Eight AI models to adjudicate alerts with 100% policy alignment.

Earlier, at Scottrade Inc, I contributed to the upgrade of Actimize SAM from version 5 to 8.3.2 and optimized AML surveillance scenarios. At Transamerica, I reviewed customer accounts and financial documents for AML and OFAC compliance.

Experience

Work history, roles, and key accomplishments

Current

Director, Non-Financial Risk Assessment

Current

Morgan Stanley

May 2024 - Present (2 years 6 months)

Responsible for revising the Country Risk Matrix to evaluate and quantify geographic financial crime risks. Led comprehensive risk assessments for financial products and services, analyzing factors such as product complexity, customer demographics, transaction volume, and geographic reach.

Risk Assessment Financial Crime Regulatory Compliance Operational Risk Country Risk Management Data Analysis

Manager, Global Financial Crimes Screening Controls

Morgan Stanley

Oct 2017 - May 2023 (5 years 7 months)

Spearheaded the regional sanctions policy framework, ensuring alignment with global compliance standards. Led efforts to remediate gaps in KYC and sanctions processes identified by the Fed and OCC, and trained Silent Eight AI models to automate adjudication of financial crime alerts.

Sanctions Compliance AML KYC OFAC Silent Eight AI Tuning Regulatory Remediation Data Analysis

Senior FIU Technology Product Owner

Scottrade Inc

Mar 2016 - Oct 2017 (1 year 7 months)

Played a key role in the enterprise-wide upgrade of Actimize SAM from version 5 to 8.3.2, driving implementation and enhancement of transaction monitoring controls. Led AML surveillance system initiatives and designed the AML new product approval process.

Actimize Transaction Monitoring AML OFAC Product Management Surveillance Optimization

Senior AML Analyst

Transamerica

Nov 2013 - Mar 2016 (2 years 4 months)

Collaborated with compliance and technology partners to identify methodology for AML scenarios and ensure systems operate effectively. Reviewed customer accounts and financial documents for regulatory compliance, including OFAC list comparisons.

AML OFAC Compliance KYC Risk Assessment Data Analysis

Financial Process Analyst

Nationwide Insurance

Jan 2013 - Nov 2013 (10 months)

Investigated suspected money laundering activity and OFAC-related violations, and performed periodic reviews of PEPs and high-risk individuals. Conducted research on clients to identify potential sanctions connections and compliance risks.

AML OFAC PEP Screening Compliance Research