Summary
Overview
Work History
Education
Skills
Additional Information
Timeline
GeneralManager

Akarsh Shukla

Business Analyst
Noida,UP

Summary

Aspiring for challenging job with a growth-oriented organization where I can utilize my skills effectively & efficiently in a practical manner in my Professional approach and within given deadlines. PROFESSIONAL SUMMARY As an experienced banking professional my work would involve reviewing evaluating and enhancing the AML process flow and Transaction Monitoring. My job would involve KYC & AML and compliance. Capable of creative integration of analytics and qualitative insights to develop strategic recommendations that drives business performance. Played crucial role in the team by creating an environment of trust, teamwork, high energy & performance.

Overview

5
5
years of post-secondary education
5
5
years of professional experience

Work History

Business Analyst

Genpact India
Noida, UP
01.2019 - Current
  • Assisted and provided information to support Suspicious Activity Reports (SAR) or equivalent for regulatory filing.
  • Maintain a strong investigative skill; the ability to work independently, demonstrated extensive banking and Compliance knowledge.
  • Investigated, monitored and managed over consumer large accounts for suspicious activities on a daily basis.
  • Identified multiple significant cases, red flags and patterns associated with the laundering of illicit funds.
  • Conducted enhanced due diligence research of individuals, institutions and trust through LexisNexis and other internet tools.
  • Prepared and reviewed Loan accounts, RDC (Remote Deposit Capture), Wire Transfers and Monetary Instrument reports in quarterly basis.
  • Researched, wrote, and reviewed Suspicious Activity Reports on a daily basis while ensuring compliance with federal regulations.
  • Performed Enhanced Due Diligence on customers deemed high risk, and suggested account restrictions and/or account closures based on risk to the institution.
  • Analysed potential Office of Foreign Assets Control (OFAC) hits to ensure transactions were in compliance with United States sanctions.
  • Worked closely with team members and other financial institutions to fulfil 314(b) of the USA Patriot Act Sharing of Information requests.
  • Provided training on Bank Secrecy Act and Anti-Money Laundering procedures and systems for new employees.
  • Determined and implemented additional steps, validating KYC risk compliance based on research of customer records, verification of account purpose and legitimacy, analysis of transaction activity.

Implementation Analyst

American Express Banking Corporation
Gurgaon, HR
06.2017 - 08.2018
  • Responsible for Quality Check of Company Documents for all client before on boarding them.
  • Risk classification on the basis of risk associated with the clients and performing SDD, CDD and EDD based on their risk rating and entity type.
  • KYC for private owned or public companies, trusts, Foundation, Subsidiary of listed, Government Company.
  • Enhanced Due Diligence performed on all entities.
  • Analyzing both Corporate and induvial CIBIL report.
  • Consultation given to Sales Manager for Document that required for on board the Corporate Client.
  • Insuring the guideline required by Risk and Compliance should be met before the Corporate is on boarded.
  • Insuring the Quality number Achieved month on month basis i.e.
  • Error Rate less than 10% per month.

Deputy Manager I

ICICI Bank Ltd
Noida, UP
05.2015 - 05.2017
  • Monitored and maintained all bank audit functions.
  • Ensured compliance of regulations controls and procedures in audits.
  • Worked closely with external auditors and state and federal examiners.
  • Ensuring that the financials of the branch are under control and the branch adheres to the Know Your Customer (KYC) and Anti-Money Laundering (AML) norms.
  • Responsible for dealing with external and internal auditors and inspections and compliance.
  • Managed all daily branch operations, including opening and closing of branch, implementing and maintaining policies and procedures, ensuring compliance with RBI regulations, customer contact and conflict resolution.
  • Insuring the 100% customer satisfaction focus scores is maintain for the branch, nil customer escalation should be there to senior management.

Education

PGDM - Finance & Marketing

EMPI Business School
Delhi
08.2013 - 08.2015

Bachelor of Commerce -

Christ Church College
Kanpur
04.2010 - 06.2013

Skills

    Research competencies

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Additional Information

  • DOB- 3th April 1992
  • Mailing Address : D- 27 Sector 50 Noida - 201303
  • Permanent Address : 18/19 The Mall Road Kanpur - 208001

Timeline

Business Analyst

Genpact India
01.2019 - Current

Implementation Analyst

American Express Banking Corporation
06.2017 - 08.2018

Deputy Manager I

ICICI Bank Ltd
05.2015 - 05.2017

PGDM - Finance & Marketing

EMPI Business School
08.2013 - 08.2015

Bachelor of Commerce -

Christ Church College
04.2010 - 06.2013

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Akarsh ShuklaBusiness Analyst