Akshay Kumar
Gurgaon
Summary
With a background of 6 + years in the financial sector as an AML Surveillance Associate, I specialize in recognizing money laundering behaviors and fraudulent patterns. My skills encompass meticulous examination of alerts produced by transaction monitoring systems. I thrive in collaborative group settings as well as when operating autonomously. Furthermore, I possess a sharp aptitude for assessing AML risk levels and promptly escalating critical matters when required. Responsible for identifying and researching the patterns, trends and anomalies in complex transactional and customer data to detect, prevent, mitigate and report suspicious activity related to money laundering, terrorist financing, structuring and flow through of funds. Analyzing historical/current customer information and interactions to provide a complete picture of customer.
Overview
6
6
years of professional experience
Work History
Senior Associate - Saxo Group India private limited
Saxo Group India private limited
02.2022 - Current
- Responsibility/Tasks a
- Identify, investigate and report suspicious activity and transaction, and escalate any material risk with relevant information to the Head of Financial Security and KYC Compliance of respective Markets
- Analysis of ongoing relationships and suspicious transactions including review and reporting on Anti-Money Laundering, Counter-Terronsm Financing and Fraud alerts.Analyzing extensive accounting statements to detect any patterns or trends that present illegal activities or frauds
- Coordinating, implementing and enhancing AML/CFT/Sanctions related systems, controls/objectives as well as, risk assessments in various current control frameworks
- Prepare, provide support and coordinate all required reports, updates and dashboard
- Preparing SOPs and mentoring team members (through QC and training)
- Manage AML alerts, investigating transactions for private and corporate clients, financial institutions across regions
- I prioritize transaction monitoring and risk assessment, identifying red flags and unusual activities that may suggest suspicious behavior
- I delve into transaction details, employing techniques like enhanced due diligence and fund source verification to uncover anomalies that could indicate risks or compliance issues
- I promptly request any missing information to ensure a thorough analysis
- My role blends AML compliance and transaction monitoring, critical for averting suspicious activities and upholding financial security.
Senior Associate
Genpact India pvt ltd.
Gurgaon
03.2019 - 01.2022
- Experienced AML and Compliance Specialist at Genpact with a focus on SAR filing, compliance reporting, and financial crime transaction monitoring
- Proven ability to detect and report suspicious activities, ensuring regulatory adherence and mitigating risks
- Skilled in cross-functional collaboration, training, and maintaining up-to-date knowledge of AML regulations
- Proficient in data analysis tools, enabling accurate reporting and strategic decision-making.
Assistant manager
Kotak Mahindra Bank
Gurgaon
11.2017 - 03.2019
- I made SUBSTANTIAL contributions to diverse areas including client documentation, investigative efforts, and the overarching compliance endeavors to combat financial crimes
- This comprehensive process involved multiple phases, including the identification of suspicious activity, in-depth case investigations, and close collaboration for the submission of Internal Suspicious Activity Reports (ISARs) and report to the regulatory framework authority accordingly
- Experienced professional with a proven track record in AML (Anti-Money Laundering) and compliance reporting at Kotak Mahindra Bank
- Adept at developing and implementing robust AML strategies to ensure regulatory adherence and mitigate financial risks
- Proficient in conducting thorough compliance assessments, monitoring transactions, and preparing comprehensive compliance reports
- Demonstrated ability to collaborate cross-functionally, lead training sessions, and contribute to the enhancement of the bank's overall risk management framework
- Strong analytical skills and attention to detail have consistently enabled the delivery of accurate and timely compliance documentation.
Education
BBA - Business Economics
AryaBhatta College University of Delhi
01-2017
Skills
- Excellent attention to detail and ability to learn and adapt quickly
- Working knowledge of Bank operating environment and applicable systems and Microsoft Office Suite
- Training and mentoring
- Decision-Making
- Ability to work with high-level security access in a professional and ethical manner
- Strong ability to work independently as well as collaboratively within a team
- Ability to review, assess, and provide detailed information daily as an independent thinker
- MS Excel - Experienced
- Quick learner
Phone Number
9953039210
Personal Information
- Date of Birth: 12/04/1995
- Gender: Male
- Nationality: Indian
- Marital Status: Married
Languages
- English
- Hindi
Disclaimer
I declare that the contents of the application are true & correct to the best of my knowledge and belief and nothing has been concealed therein
Languages
Timeline
Senior Associate - Saxo Group India private limited
Saxo Group India private limited
02.2022 - Current
Senior Associate
Genpact India pvt ltd.
03.2019 - 01.2022
Assistant manager
Kotak Mahindra Bank
11.2017 - 03.2019
BBA - Business Economics
AryaBhatta College University of Delhi
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