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Professional Background

Mr Alvinder Kumar

An experienced, interested and results driven financial crime compliance professional who has been dedicated to maintaining the integrity of the financial and gambling sectors; refining relevant knowledge, protecting organisations and their clients from the impact of financial crime for over 10 years. A precise, disciplined and self-actualized individual with a passion for continuous learning and progress in all aspects of life.

CDD / EDD QC & QA
Momenta Group, UK (remote - outside IR35).

July 2021 - Present

Assignment 1 - The retail bank client of Momenta Group is in the process of growing their Financial Crime Centre of Excellence involving various CDD, risk and quality teams. Part of a small but crucial team focused on the quality checks/control of business banking and corporate banking CDD/EDD files. Ensuring high risk client files completed by analysts are done to the high standards expected, that financial crime risks have been identified and correct actions taken to escalate/exit/retain as required. Sharing outcomes of case assessments, providing constructive, considered feedback to analysts and managers. Successful in advising on best practice, process improvements, and relied on to train/guide CDD / QC analysts.

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Assignment 2 - Operating successfully within a high-volume corporate QA function ensuring vendor analysts and QC are following the processes and procedures to build files to the requirements of the client. Evaluating quality and accuracy, supporting implementation and continued improvement of testing strategy, provided feedback on vendor process/tool, liaising with various specialist risk teams and assisting with route to competency training for QC/analysts and delivering guidance as required.

KYC SME / CLM |
Deutsche Bank, Corporate & Investment Banking, Birmingham (remote).

April 2020 - January 2021

Providing support to the corporate bank KYC team in various capacities within the Client Lifecycle Management operation. Point of contact and guidance on CDD and EDD risk issues, and leading target focused projects successfully to meet team goals. Working EDD/high risk, time sensitive files to completion under challenging conditions and assisting in training and developing new and existing team members.

Anti-Bribery & Corruption Investigations | 

Steele Compliance Solutions, Inc. (remote).

November 2019 - September 2021

Operating as an independent contractor specialising in due diligence with a focus on ABC. Completing in depth EDD for third parties in high risk countries (focusing in Asia and Africa) under US FCPA guidance. Utilising OSINT and company resources to identify red flags in relation to bribery, corruption, sanctions, terrorist financing, money laundering and any other relevant risks or adverse information. Analysing and assessing risk, writing informative, and concise reports as per strict guidelines.

KYC Specialist / Remediation | 
DWS Asset Management UK & US, Birmingham / Jacksonville

January 2018 - November 2019

Led and completed AML/KYC remediation and migration project for US micro-finance fund with global stakeholders. Supporting US and UK teams with bau and ad-hoc requests. Bringing KYC files and due diligence requirements in line with current and upcoming policy/regulation, aligning outreach and advice to business/front office with new regulatory requirements. Contributing to efficient outsourcing efforts and elevating process efficiency. UAT testing and implementation for new risk management engine and screening software. Relied on to provide CDD/EDD advice and continuous support for KYC staff members, with point of contact duties for wider business. Working knowledge of BaFin GwG, MLD4/5, JMLSG, Patriot Act, FinCEN DD requirements.

KYC & QA Analyst | 
Deutsche Bank Asset Management UK, Birmingham

August 2016 - December 2017

Contracted as an integral part of a new AM UK KYC Team as an asset with financial crime experience, exceeding expectations in a time critical, high volume environment. Leading and optimising remediation efforts, ensuring new/existing client relationships have undergone the appropriate level of due diligence, identification, investigation, verification and screening as mandated by DeAM’s AML & KYC procedures. Applying a risk-based approach, assessing threat vectors and red flags in line with JMLSG/MLD4. Building KYC files (standard and enhanced due diligence), conducting 4/6 eye QA function and point of reference duties for front office, KYC and other business areas, for new clients, regular and event driven reviews.

Financial Crime Officer / Advisory |
SMBC Nikko Capital Markets Ltd, London

September 2015 - April 2016

Assigned a critical role within a small but crucial Financial Crime Compliance function, providing AML/KYC operational support and guidance. Focusing on AML oversight, sanctions remediation, client risk assessment and quality assurance at on-board & continuous due diligence for clients in capital markets with varying complex structures and threat exposure. Conducting risk analysis, investigating suspicious activity, monitoring suspects/offenders, and collating monthly MI. Collating intelligence reports and risk analysis for escalation to DMLRO.

AML Compliance Analyst |
JP Morgan & Co Private Bank, Bournemouth

April 2015 - September 2015

Contracted to contribute to the success of EMEA Global Compliance Operations undertaking AML and Due Diligence/KYC analysis.  Performing transaction monitoring and adverse information analysis on ultra-high net worth, high risk Private Banking clients, investigating suspicious activity and entities to uncover, identify and escalate improper and illicit conduct. Enhanced due diligence often required due nature of clients and exposure.

AML Analyst - Transaction Monitoring |
Barclays Personal & Corporate Banking, Coventry

November 2014 - March 2015

Exceeding targets in the financial operations team as part of a transaction monitoring remediation/backlog project. Analysing and assessing UK account activity, escalating suspected illicit or untoward activity to MLRO via SAR filings to be forwarded to the NCA. Dealing with system generated and manually reported Anti-Money Laundering alerts for retail, commercial and private banking customers.

On-boarding Analyst & Supervisor |
HSBC Banking Operations

January 2014 - November 2014

Initially remediating a population of global business client accounts booked in the UK. Eventually leading, supervising and optimising process in the multi-channel business account opening team, ensuring compliance to on-boarding guidelines, authenticating customer information in line with AML/KYC due diligence requirements.

Head of Security & Surveillance |
Grosvenor Casino

2009 - 2013

Responsible for the day-to-day surveillance and security of one of the largest casinos in the UK. This involved a broad range of compliance, audit, physical security and governance duties; with administrative command, control room management and customer contact functions. Managing various legislative and regulatory policy and procedural requirements, including AML and Due Diligence responsibilities.

  • Responsible for transition and implementation of security systems and compliance policy

  • Scrutiny of new customers, performing initial due diligence and continuous review of significant relationships.

  • Auditing and Quality Checking of reports, processes and departments.

  • Accountable for compliance procedures, continuous review, data protection, risk management, business continuity and safeguarding systems subject to statutory and regulatory policy.

  • Investigating counterfeits, fraud, anti-money laundering and customer due diligence issues.

  • Accountable for security and surveillance team management, training and development.

  • Creating and reviewing Suspicious Activity/Transaction Reports, classifying records and providing reports regarding procedural breaches, occurrences, incidents, cheat activity, accidents and criminal activity.

  • Creating and updating standard operating procedures in a changing business environment.

Key Knowledge

  • Anti-Money Laundering analysis

  • Anti-Bribery & Corruption

  • KYC Due Diligence

  • KYC / Remediation

  • Sanctions / Remediation

  • Enhanced Due Diligence

  • Politically Exposed Persons

  • Countering Terrorist Financing

  • Transaction Monitoring

  • Complex Structures

  • Ultra High Net Worth Individuals

  • Risk Based Approach

  • Global Legal entity types

  • Managing conflicting demands

  • Policy & Procedure

  • Stakeholder / SLA Management

  • Investigation Experience

  • Risk Assessment & Best Practice

  • Quality Assurance

  • FATCA / CRS

Certifications / Qualifications / Courses

  • University of Sussex

    • Corruption & Governance PGDip (2024 pending)

  • Chartered Institute of Securities & Investments (CISI)

    • Securities & Investments (2019)

    • IntegrityMatters (2018)

    • Combating Financial Crime (2017)

  • University of St Andrews – Terrorist Financing (2017)

  • ICA Specialist Certificate - Trade Based Money Laundering (2015)

  • Short Courses & CPD 2013-2020 

    • Interational Criminal Law​

    • Terrorism Studies

    • Blockchain

    • Trusts

    • AML

    • Sanctions

    • Anti-Bribery

    • Information Security

Software / Platforms

  • World-Check

  • Lexis Nexis

  • Equifax

  • BvD Orbis

  • Salesforce

  • Alacra

  • Dow Jones Risk & Compliance

  • PCR

  • Salesforce

  • Fircosoft

  • Advanced Google Search

  • Fortent / Actimize / Sonar

Business lines / Products Supported

  • Active

  • Passive

  • Private Equity

  • Alternatives

    • Real Estate

    • Infrastructure

    • Hedge Funds

  • Liquidity Solutions / MMF

  • Global Micro Finance

  • Private Banking

Languages

English: native

French: intermediate

Russian: basic 

Punjabi: fluent

Hindi: advanced 

Memberships / Subscriptions

  • Chartered Institute of Securities and Investments

  • International Compliance Association

  • Stratfor: Geopolitical Intelligence

  • KYC 360

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