Akshay Kumar
Gurgaon
Summary
Experienced AML Surveillance Associate with 6.5 years in the financial sector, specializing in identifying money laundering behaviors and fraudulent patterns. Skilled in meticulously examining alerts from transaction monitoring systems and excelling in both collaborative and independent work environments. Demonstrated ability to assess AML risk levels and promptly escalate critical matters. Responsibilities include detecting, preventing, mitigating, and reporting suspicious activity related to money laundering, terrorist financing, structuring, and fund flow by analyzing complex transactional and customer data. Provides comprehensive understanding of each customer's profile through analysis of historical and current information and interactions.
Overview
7
7
years of professional experience
1
1
Certification
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.
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
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
Business economics hons (BBE), Combination of both business economics and business finance -
AryaBhatta College University of Delhi
New Delhi, New DelhiSkills
- Excellent attention to detail and ability to learn and adapt quickly
- Working knowledge of Bank operating environment and applicable systems and Microsoft Office Suite
- 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
- SPSS & MS Excel - Experienced
- Quick learner
- Team player
- Experienced Anti money laundering compliance officer - Experienced
Certification
Cricket tournament Kotak league - best player
Languages
English
Hindi
Phonenumber
9953039210
Personal Information
- Date of Birth: 12/04/1995
- Gender: Male
- Nationality: Indian
- Marital Status: Married
Projects
FINANCIAL CONDITIONS INDEX for India
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
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
Business economics hons (BBE), Combination of both business economics and business finance -
AryaBhatta College University of Delhi
Cricket tournament Kotak league - best player
Similar Profiles
Akshay KumarAkshay Kumar
Senior Associate - Saxo Group India private limited at Saxo Group India private limitedSenior Associate - Saxo Group India private limited at Saxo Group India private limited
Kusum RajputKusum Rajput
Front Office Executive at Saxo Group India Private Limited on CBREFront Office Executive at Saxo Group India Private Limited on CBRE
Richa SethiRicha Sethi
Senior Analyst at Saxo Group India Private Ltd.Senior Analyst at Saxo Group India Private Ltd.