Ashu Sain

Optimizing Transaction Monitoring Processes & Stakeholder Collaboration
I focused on enhancing efficiency and collaboration within transaction monitoring operations. Key responsibilities included:
* Streamlining processes within transaction monitoring by identifying inefficiencies and implementing improvements, leading to increased productivity and more effective suspicious activity detection.
* Cultivating strong relationships with key stakeholders across departments to ensure timely resolution of interdepartmental challenges or discrepancies related to transaction monitoring alerts and investigations.
* Communicating project updates regularly to stakeholders, maintaining transparency and alignment on critical transaction monitoring goals and initiatives.
* Mentoring junior team members on best practices in transaction monitoring and financial crime analysis, contributing to their professional development and the team's overall expertise.
* Managing teams effectively to foster open communication and collaboration, which improved overall performance in transaction monitoring and financial crime investigations.

• Performance Monitoring Monitoring Crypto Transfer and exchange.
• Ability to supervise and work under little supervision.
• AML&KYC
• Client Management
• Advanced Excel
• Suspicious activity report (SAR). Identify high amount international and USA crypto transfers.
• Identify fraudulent crypto transactions and cancel them from further processing.
• Weekly team Huddles and updates discussion on risk associated with crypto.
• Ongoing due diligence on high risk customers and proceed to exit if suspicious activity is ongoing.
• Constantly improving and understanding new trends of fraud.

• Company Overview: Formerly Known As Royal Bank OF Scotland Group
• Collaborated with other departments to address any interdepartmental challenges or discrepancies in a timely manner.
• Cultivated relationships with key stakeholders, communicating project updates regularly for transparency and alignment on goals.
• Streamlined processes by identifying inefficiencies and implementing improvements for increased productivity.
• Mentored junior team members, providing guidance on best practices and contributing to their professional development.
• Enhanced employee engagement by organizing regular training sessions and promoting a culture of learning within the team.
• Managed teams effectively, fostering an environment of open communication and collaboration for better overall performance.
• Monitored tool use and performed repairs.
• Formerly Known As Royal Bank OF Scotland Group

• Identifying potential threats and minimizing exposure to high-risk entities.
• Reviewed and analyzed customer transactions and account activity to detect irregularities
  and compliance violations.
• Conducted thorough investigations into suspicious financial activities to identify potential money laundering or fraud cases.
• Reviewed and analyzed customer transactions and account activity to detect irregularities and compliance violations.
• Prepared and filed Suspicious Activity Reports (SARs) in accordance with regulatory requirements.
• Performing Enhanced Due Diligence, Client Due Diligence to identify risk involved in payments.
• Responsible for reviewing that transactions comply with OFAC rules, U.S Patriot Act and FATF list for sanctioned and non-cooperating countries.
• Responsible for reviewing red flagged transactions for possible Money Laundering activities.
• Responsible for Identifying Red Flags and escalating STR including HRJ for further action.
• Evaluate and monitor transactional activity to assess potential suspicious activity.
• Monitored transactions and conducted periodic reviews to ensure compliance with AML regulations.
• Assisted in the development and implementation of AML training programs for staff members.
• Responsible for performing Quality Audits and organizing Quality huddles on a weekly basis.
• Conducted end-to-end transaction monitoring investigations to detect suspicious activities.
• Ensured compliance with AML regulations, including KYC/CDD/EDD guidelines.
• Performed sample audits of closed alerts to maintain investigation accuracy.
• Collaborated with compliance teams to enhance transaction monitoring procedures.

• Client Due Diligence: Conducted comprehensive due diligence and Know Your Customer (KYC) research for clients, ensuring adherence to regulatory standards.
• Account and Client Analysis: Analyzed accounts and client information in accordance with internal control policies and procedures to mitigate risks and ensure compliance.
• Ongoing Customer Due Diligence: Performed continuous customer due diligence, maintaining and updating AML and KYC records for existing clients.
• Suspicious Activity Reporting: Identified, investigated, and documented reports of unusual or suspicious activities, ensuring timely escalation and appropriate action.
• Escalation of Suspicious Matters: Proactively identified and escalated suspicious or unusual matters for further investigation, contributing to effective risk management.