Munish Dutt
About Munish Dutt
Munish Dutt is a Vice President specializing in Anti-Money Laundering and Sanctions Compliance at HSBC Bank, where he has worked since 2013. He has extensive experience in banking, having held various positions at HSBC and other financial institutions over the past two decades.
Work at HSBC
Munish Dutt has held multiple positions at HSBC Bank, demonstrating a long-standing commitment to the organization. He began his tenure as Assistant Vice President - Retail Assets from 2001 to 2003. He then progressed to Vice President & Assistant Branch Manager from 2003 to 2005 in Jaipur Area. Following this, he served as Vice President & Branch Manager from 2005 to 2007 and as Vice President - Compliance from 2012 to 2013, both in Mumbai Area. Currently, he works as Vice President - AML & SCC since 2013, where he has been instrumental in ensuring compliance with Anti-Money Laundering and Sanctions regulations.
Education and Expertise
Munish Dutt is recognized as a Subject Matter Expert in various aspects of Retail Banking, particularly in Anti-Money Laundering (AML), Know Your Customer (KYC), Customer Due Diligence (CDD), and sanctions. His expertise is further demonstrated through his role as the Departmental Single Point of Contact (SPOC) for key projects, including the implementation of HSBC Group Global Standards on CDD, FATCA, CRS, and Enhanced Risk Assessment (EWRA).
Background
Before his extensive career at HSBC, Munish Dutt worked at Ford Credit Kotak Mahindra Limited as a Marketing Analyst from 1997 to 1998 and as a Dealer Account Manager from 1996 to 1997. He also held a managerial position at National Bank of Bahrain in 2008. His diverse background in banking and finance has contributed to his comprehensive understanding of compliance and risk management in the financial sector.
Achievements
Throughout his career, Munish Dutt has been responsible for reviewing business procedures and customer-facing documentation to ensure compliance with Group guidelines on Anti-Money Laundering (AML) and Sanctions. He acts as the Departmental SPOC for financial crime-related investigations and reviews of potential sanctions exposure alerts. His contributions have been significant in maintaining the integrity and compliance of banking operations.