Ashish Gupta
Mumbai
Summary
AML Risk Investigation Analyst with over 6.7 years of experience in transaction monitoring and customer due diligence. Proven track record in adhering to global AML regulations and enhancing compliance processes. Recognized for delivering consistent, high-quality performance in complex investigations.
Overview
7
7
years of professional experience
3
3
Certifications
Work History
Associate 2 - Transaction Monitoring Investigator
PwC
Mumbai
11.2023 - Current
- Conducted in-depth analysis of financial transactions to identify money laundering activities, terrorist financing, and other financial crimes, ensuring compliance with AML regulations.
- Handled alerts linked to sanctioned jurisdictions, including high-risk countries such as Iran, applying enhanced scrutiny and escalating cases requiring heightened due diligence.
- Conducted trade transaction reviews and analyzed cross-border payments to identify potential financial crime risks and unusual patterns.
- Raised manual alerts through Unusual Activity Reports (UARs) by identifying suspicious behaviors, escalating cases for further investigation to ensure alignment with AML policies.
- Performed open-source intelligence (OSINT) searches to identify adverse media or concerning news related to clients, supporting AML investigations and risk assessments.
- Utilized AML transaction monitoring systems like NetReveal/Toolkit and data analytics to detect red flags, typologies, and emerging trends in financial crime.
- Prepared detailed case summaries and investigation reports, supporting decision-making and audits while facilitating regulatory reviews.
- Gained knowledge of global AML frameworks such as FATF recommendations, FINTRAC (Canada) guidelines, and exposure to OFAC sanctions lists as part of global sanctions screening, working in accordance with these standards to ensure compliance during investigations.
- Collaborated with KYC teams to obtain RFI responses and coordinated with US-based teams on escalated investigations, ensuring timely case resolutions and enhancing the financial crime control framework.
- Provided training and mentorship to junior associates on best practices and methodologies.
Analyst
Hexaware Technologies
Mumbai
07.2021 - 03.2023
- Conducted Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) for new and existing customers, ensuring compliance with Citi Bank’s compliance policies.
- Processed credit card applications by analyzing and reviewing customer credit history.
- Conducted KYC checks on all documents submitted for card processing, ensuring adherence to regulatory guidelines.
- Performed sanctions/PEP screening on customer data using compliance tools to identify individuals/entities linked to money laundering, terrorist financing, or other financial crimes.
- Managed customer data updates in a high-volume environment, ensuring accuracy, confidentiality, and compliance with KYC/AML requirements and data security standards.
- Investigated and flagged potentially fraudulent accounts and applications, coordinating verification actions like blocking accounts or contacting customers.
- Collaborated with compliance teams to ensure adherence to KYC guidelines.
Assistant Manager
Kotak Mahindra Bank Pvt Ltd
Mumbai
11.2018 - 06.2021
- Managed cash and non-cash transactions, ensuring accurate documentation and compliance with audit standards.
- Managed daily operations of banking services and customer interactions.
- Led branch operations as head cashier, securely managing custodial keys and cash remittances.
- Conducted transaction monitoring by analyzing customer activities to identify suspicious behavior and ensure AML compliance.
- Performed customer due diligence for new and existing accounts, verifying risk levels and identifying high-risk clients.
- Assisted in audit-related work and escalations, ensuring adherence to AML guidelines.
- Monitored foreign remittances (NRE/NRO transactions) for potential AML risks and ensured compliance with RBI regulations.
Education
Bachelor of Commerce - Banking and Finance
Mumbai University
Mumbai04-2018
Skills
- AML Investigations and Transaction Monitoring Analysis
- Sanctions Screening, PEP Identification, and Adverse Media Review
- Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) Execution
- Transaction Behavior Analysis and Financial Crime Typology Detection
- UBO Identification and Support to Customer Risk Assessment Processes
- Regulatory Compliance aligned with FATF, FINTRAC, OFAC and FIU Standards
Certification
AML Certification on PEP & High-Risk Customers - RiskNex
Timeline
Associate 2 - Transaction Monitoring Investigator
PwC
11.2023 - Current
Analyst
Hexaware Technologies
07.2021 - 03.2023
Assistant Manager
Kotak Mahindra Bank Pvt Ltd
11.2018 - 06.2021
Bachelor of Commerce - Banking and Finance
Mumbai University