TallyERP 9
Dhanaj Nayak
Business Analyst
Bangalore,Karnataka
Overview
3
3
years of professional experience
6
6
years of post-secondary education
Work History
Senior Analyst
HSBC EDP India Pvt Ltd
12.2023 - Current
- As a Senior Analyst in the AML/KYC domain, I specialize in transaction monitoring and reviewing system-generated alerts
- My role involves raising Requests for Information (RFIs) to gather additional details and escalate cases involving suspicious activities for further investigation
- Reviewed various bank products including personal checking and savings accounts, and international wire transfers, ensuring compliance within customer transactions
- Conducted complex case investigations, cleared alerts, and escalated cases with potential crime risks
- Utilized tools such as World-Check and Open Search for Anti-Money Laundering (AML) screening and reviews, adhering to the bank's policies and procedures
- Evaluated clients' AML and Know Your Customer (KYC) risks by conducting independent research, verifying risk profiles, and providing risk assessment recommendations
- Prepared comprehensive due diligence reports, demonstrating thorough analysis and assessment of clients' transactional activities
- Improved the collection process through solicitation and analysis of feedback, analysing data, and providing detailed reports
Business Analyst
Genpact India Pvt Ltd
01.2022 - 12.2023
- As an Analyst in the AML/KYC domain, my role involved transaction monitoring, reviewing system-generated alerts, raising Requests for Information (RFIs) to gather additional details, and escalating cases with suspicious activities
- Perform risk-based reviews on transaction monitoring cases, analyze trends, and mitigate Money Laundering/Terrorist Financing risks with clear and concise narratives
- Mitigate or escalate true hits for AML adverse concerns and collaborate closely for further action
- Conduct background verification on individuals and entities using appropriate tools
- Review escalated information from L1 to L2 and conduct further analysis based on any reported suspicious activity
- Conduct open-source searches to gather additional information or identify adverse information about users to complete investigations, capture information and documents from the internal system following KYC policies and norms
- File Suspicious Activity Reports (SARs) on users with respective jurisdictional authorities (e.g., NCA or Garda) at L3
- Escalate for further review as per OFAC/FIU requirements
- Train and develop colleagues transitioning into SAR Filing roles, providing comprehensive guidance on AML regulations, transaction monitoring best practices, and efficient SAR filing procedures
- Collating requirements, providing inputs and ideas as a Business Analyst to improve transaction monitoring and SAR filing processes, resulting in increased efficiency, accuracy, and compliance
- Manage workload distribution, prioritize tasks, and ensure timely completion of deliverables
- Conduct regular team meetings to facilitate communication, address challenges, and foster cohesion
- Act as a point of escalation for team members, resolving issues and ensuring efficient workflow
Article Assistant
CA Arunchandra Rao YT
Udupi
01.2017 - 01.2020
- Under the guidance of CA Arunchandra Rao, I conducted statutory and internal audits of PSUs, banks, and cooperative societies
- I gained expertise in the finalization of financial statements and audit reports, ensuring compliance with accounting and auditing standards
- Analyzed draft financial statements, scrutinized ledgers, reconciled debtors and creditors, and verified bank reconciliation statements (BRS) and bank/cash balances
- Prepared and maintained audit documentation, prepared Long Form Audit Reports (LFAR)
- Managed bookkeeping and document maintenance
- Maintained accounts and finalized books for audit
- Filed income tax returns and GST
- Planned and executed various statutory audit procedures, including vouching income and expense items, obtaining debtors, creditors, and bank balance confirmations
- Assisted with additional tasks as requested by clients and other teams
Summary
Results-oriented Business Analyst with proven ability to exceed targets and drive success in fast-paced environments. Combines strategic thinking with hands-on experience to deliver impactful solutions and enhance organizational performance.
Education
MBA - Finance
Sikkim Manipal University - DDE
Sikkim, Gangtok 08.2016 - 08.2018
Bachelor of Commerce - Accounting And Taxation
Madhava Pai Memorial College
Manipal 06.2013 - 05.2016
Skills
- Transaction monitoring
- AML compliance
- Know your customer
- Microsoft office
- Excel proficiency
- Due diligence
- Attention to detail
- Risk mitigation
- Teamwork
- Compliance reporting
- Adaptability and flexibility
- Self motivation
- Problem-solving
- Regulatory compliance
- Teamwork and collaboration
- Internal auditing
- Microsoft Excel
- Auditing reports
- Audit planning
- Taxation
- Training delivery
- Investigative reporting
- Fraud investigation
- Fraud prevention
- Problem-solving abilities
- Risk assessment
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Accomplishments
- Supervised team of 15 staff members.
- Used Microsoft Excel to develop inventory tracking spreadsheets.
Certification
- Excel Expert Certification – Microsoft Office Specialist, Expert (Office 365 and Office 2019).
Work Preference
Work Type
Full TimeWork Location
HybridOn-SiteRemoteImportant To Me
Work-life balanceCompany CultureFlexible work hoursWork from home optionPaid sick leavePersonal development programsCareer advancementPaid time offSoftware
Busy
PeachTree
Advanced Excel
Office 365
Languages
English
Bilingual or Proficient (C2)
Hindi
Upper intermediate (B2)
Interests
Travelling
Science and Technology
Cooking
Music
Quote
Almost everything worthwhile carries with it some sort of risk, whether it’s starting a new business, whether it’s leaving home, whether it’s getting married, or whether it’s flying into space.
Chris Hadfield
Timeline
Senior Analyst
HSBC EDP India Pvt Ltd
12.2023 - Current
Business Analyst
Genpact India Pvt Ltd
01.2022 - 12.2023
Article Assistant
CA Arunchandra Rao YT
01.2017 - 01.2020
MBA - Finance
Sikkim Manipal University - DDE
08.2016 - 08.2018
Bachelor of Commerce - Accounting And Taxation
Madhava Pai Memorial College
06.2013 - 05.2016
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