Dhanaj Nayak

As a Analyst 1 in AML / KYC domain, I specialize in transaction monitoring and reviewing system-generated alerts.

 Reviewing and Investigating alerts from Transaction Monitoring Applications, analysed alert scenarios and reviewed account profiles for policy Violations.

 Monitored customer transactions and assessed historical and current transactional activities to detect suspicious behaviour.

 Conducted detailed searches on customers and counterparties using public sources and internal tools.

 Identified relationships and linkages between customers and counterparties using various investigative tools.

 Drafting clear concise, summaries of findings, supported by documented evidence; ensured compliance with regulatory and procedural standards.

 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.

• As a Senior Analyst in 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.
• Reviewing and Investigating alerts from Transaction Monitoring Applications, analysed alert scenarios and reviewed account profiles for policy Violations.
• Monitored customer transactions and assessed historical and current transactional activities to detect suspicious behaviour.
• Conducted detailed searches on customers and counterparties using public sources and internal tools.
• Identified relationships and linkages between customers and counterparties using various investigative tools.
• Drafting clear concise, summaries of findings, supported by documented evidence; ensured compliance with regulatory and procedural standards.
• 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.

• 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.

• 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.