Krupal Patel Email & Phone Number

New York, Ny, Us

Chiyoda-Ku, Tokyo, Jp

As the VP, Enterprise Program Manager, Global Financial Crime Division of Mitsubishi UFJ Financial Group (MUFG), I support key strategic initiatives to improve the Bank’s Know Your Customer (KYC) Program.Responsibilities include:● Present the Issues Management Report and direct action plans at the AML Governance Meeting.● Support Regional Compliance Officers (RCOs) with implementing new Global Standards and developing procedures in the 1st Line of Defense (LoD). ● Oversee and advise during the Audit of Operational functions. ● Advise on client-specific risk escalations from regional offices, including advise on client relationship management.Selected milestones:► Spearheaded multiple Financial Crimes-related initiatives while overseeing the development of new processes and controls in 1st LoD, advisory support on matters related to Customer Due Diligence (CDD) and management of Customer Relationships, and other relevant advisory initiatives.► Elevated the Global AML Program Framework, facilitating banking compliance with internal regulatory policy obligations.>> Monitor the issues management report to efficiently remediate weak controls and bolster the Compliance Program. >> Effectively implement new regulatory guidance and Global Standards within the 1st LOD globally.>> Produce advisory memos to branches and regional offices in response to client-specific risk escalations to Global AML.

Chiyoda-Ku, Tokyo, Jp

As In-charge of Financial Crimes Risk Program Management of the Americas for MUFG, I led key Financial Crimes projects.Responsibilities included:● Provided AML advisory support to the 1st Line of Defense (LoD) stakeholders across Americas as pertaining to FC Risk, specifically, in the development of KYC Target Operating Models, KYC Operating Manuals and in designing related KYC Controls and processes. ● Managed the budget and expenses for Resource allocation to support the execution and implementation of enhanced Financial Crime Standards.Selected milestones:► Championed and executed the Financial Crime Transformation Project: As the Subject Matter Expert focused on AML and KYC regulatory programs, strengthening the overall 1st Line of Defense (LoD) Risk Ownership within the Americas. >> Liaised with Business and Compliance resources for timely project deliverables. >> Monitored project progress; escalated key risks and issues to appropriate stakeholders and executives in Americas and Tokyo. >> Partnered with executives and senior leaders in Americas Region.► Maintained strong alliances with key stakeholders in 1st and 2nd LoD, including executive management in Americas and Tokyo for the effective launch and deployment of global FC Standards. >> Devised KYC Target Operating Models for Americas Branches.► Implemented the 1st LoD monthly KYC reporting process for effective oversight of KYC reviews across the Americas to ensure proper backlog management. >> Monitored the sustainability of new standards and relevant new processes post-implementation.

Utrecht, Utrecht, Nl

As the VP of Audit, facilitating high compliance standards reflected the key to success.Responsibilities included:● Led all audit engagements, including developing test plans, leading staff auditors, crafting audit observations, and working with area management to create remediation plans for audit issues. ● Managed Internal Audit Management Reporting for the combined North America Operation in line with expectation of the Bank’s regulator, Federal Reserve, US Board, and Head Office Reporting Requirements.Selected milestones:► As the key liaison for the Regulatory Affairs Office on all the regulatory internal audit matters, ensured the consistency and timely execution of requested data to regulators.► As SME on all BSA/AML and Sanctions matters, fostered a robust audit culture, enhanced the audit experience for key stakeholders via collaboration with Compliance Testing Group, efficiently validated regulatory and audit issues for closure.► Supported the IA Division in sustaining good rapport with management, detecting compliance matters, preventing compliance breaches, ensuring accurate management data reporting, and sitting on Compliance project boards as SME Audit representative both for the US regulatory regime and EU regulations from an HO perspective.► Enhanced the internal control environment through regular annual audits and execution of remediation plans via relationship management meetings and project board engagement. ► Leveraged solid knowledge gained through partnership and input from stakeholders to conduct assessments of top and emerging risks during the development of the annual audit plan and to define audit engagement scope.► Engaged with the Bank’s external regulator, the Federal Reserve, to clarify audit work papers and Internal Audit’s remediation status on Matters Requiring Attention.

New York, Ny, Us

With this leading global financial institution, I was accountable for compliance operations management.Responsibilities included:● Planned, executed, and monitored the regulatory-mandated review of the Foreign Correspondent client’s Remote Deposit Capture (RDC) and International Cash Letter (ICL) Pouch activity. ● Navigated outgoing 314(b) requests and review responses received.Selected milestones:► Steered the Transaction Monitoring related Remediation Project as part of a consent order––fulfilled the Consent Order Article related to deficiencies in the Bank’s Transaction Monitoring Program. >> This required the Bank to conduct a retroactive investigation on Remote Deposit Capture and International Cash Letter pouch transactional activity over a defined timeline and file a Suspicious Activity Report for transactions deemed suspicious or unjustifiable.► Drove proficiency in executing regulatory mandated review by collaborating with Supervisor Certifier designated by the Bank’s regulators.>> Developed, trained, and supervised a team of 12 staff focused on alert and case investigations related to RDC and ICL activity. >> Coached the entire project team on procedures/processes and “Red Flags” specific to checks, monetary instruments, SWIFT activity, and ACH transactions.>> Minimized the impact on BAU productivity; oversaw User Acceptance Testing process regarding Case Management System.>> Expedited the investigative process. Analyzed alerted data to identify patterns or anomalies.► Drove continuous improvement. >> Developed procedures/processes; incorporated industry best practices, regulatory requirements, product-specific “Red Flags,” and internal AML Policies.

Working for this leading business solutions agency, I conducted analyses of investigations at the senior level.Responsibilities included:● Detected and reported unusual activity within Business Solutions Correspondent Banking Services and remained compliant with US legal laws. ● Performed 2nd-level investigations on triggered transactional activity and activity referred by Financial Institution clients and Western Union Financial Intelligence Unit. ● Prepared and presented Suspicious Activity Reports (SAR) to SAR Committee with recommendation for filing.

London, Gb

Financial Services Risk Manager responsible for advising clients on financial crime related matters (AML & KYC Programs.)Responsibilities included:● Deployed more robust KYC controls across the client’s several locations. ● Managed KYC Projects, ensuring clients remain compliant with regulatory requirements. ● Created new business prospects for the division in Trade Finance Compliance via division-wide sponsored Trade Finance Training. Selected milestones:► Managed Know Your Customer (KYC) Compliance reviews at Global Retail and Investment Banks. ► Performed a gap assessment of the global Private Bank client’s compliance policy against regulatory requirements and corporate AML Policy / KYC Procedures. ► Drove deliverables efficiency––oversaw Quality Assurance process of KYC Remediation at a global private bank client.► Led a pivotal project to assist a global banking client with annual renewals of high-risk customers, including PEPs and Diplomats. >> Devised desktop procedures used by the Project Team on KYC Remediation Projects.► Presented on AML hot topics during a monthly staff meeting and provided on-the-job coaching to subordinates.

Toronto, On, Ca

Working with one of the Big Four accounting organizations, my main objective was to advise Financial Services clients on Compliance and Fraud Risk Management related matters. Responsibilities included:● Navigated Risk Assessment, Know Your Customer (KYC), Financial Investigation, and OFAC Compliance reviews at Global Retail, Commercial and Investment Banks, Anti-Money Laundering, Fraud Risk Management, and Financial Investigation.Selected milestones:► Led the independent AML audit of mid-tier financial institution––an independent assessment of financial institution’s BSA / AML compliance program, identified potential weaknesses, and delivered recommendations for program enhancements.► Aided 1 of the nation’s largest diversified U.S. financial services clients with devising and executing BSA /AML and OFAC/Sanctions Compliance Testing programs at the enterprise level. >> Reinforced the Compliance Program/Framework through interviews with client personnel and implementation of testing plans for key critical areas of the BSA/AML Compliance Program.► Ensured client compliance with local and international legal requirements. >> Served as a core liaison between the banking client and their customers to collect the required KYC documentation aligned with the legal requirements and the client’s Global AML policies/ procedures.► Supported the development of the AML Policy and Procedure for a major US auto financing company.► Enabled the team to detect and gauge fraud for potential recovery. >> Assessed grant applications via data analytics for potential fraud. ► Managed the development of the automated Case Management Tool for a large banking client’s remediation of customer KYC files.

Master Of Science - Ms, Financial Crime And Compliance Management

Bachelor Of Science, Business Administration; Accounting

Liberal Arts