Summary
Overview
Work History
Education
Skills
Certification
Languages
Timeline
Generic
Harshit Kumar

Harshit Kumar

Jaipur

Summary

Fund administration and AML/KYC professional with over core experience in investor onboarding and financial crime compliance across hedge funds, private equity, and crypto funds. Expertise in end-to-end investor lifecycle management, risk-based due diligence, and compliance with FATF and EU regulations. Skilled in trade reporting, reconciliation, and ensuring operational accuracy while managing multi-million-dollar portfolios. Recognized for enhancing compliance frameworks and driving business growth through effective team leadership and process improvements.

Overview

4
4
years of professional experience
1
1
Certification

Work History

Assistant Manager - RTA

NAV Fund Administration Group
10.2024 - Current
  • Oversaw the complete investor lifecycle, including subscriptions, additional subscriptions, redemptions, capital calls, and distributions, ensuring seamless processing with robust audit trail maintenance and compliance.
  • Managed complex capital activities such as switches, transfers, inheritance/succession (death cases), divorce-related re-registrations, and trust entity onboarding, ensuring accuracy in beneficial ownership (UBO) identification and alignment with fund governance frameworks.
  • Directed AML/KYC and Investor Due Diligence functions, executing CDD, SDD, and EDD with a focus on Settlor, Trustees, Beneficiaries, Protectors, and Controllers, incorporating Source of Wealth/Source of Funds validation, Sanctions/Adverse Media screening, and PEP identification.
  • Ensured compliance with international AML/CTF standards by aligning investor due diligence processes with FATF 40 Recommendations, EU 6AMLD, FinCEN CDD Rule, UK JMLSG guidance, and Wolfsberg Group Principles, while implementing best practices such as relationship mapping, periodic reviews, and compliance/legal escalation for high-risk cases.
  • Responsible for cash flow mapping of investor subscriptions, ensuring accurate allocation into the fund, and performing Source of Funds verification; where mismatches were identified, I raised documentation requests to verify the relationship and maintain AML/KYC compliance, cash reconciliation accuracy, and investor audit readiness.
  • Reviewed and validated fund Private Placement Memorandums (PPMs) to ensure transactions were executed in accordance with the effective trade date, while performing trade reporting, trade reconciliation, fund AUM confirmation, and ending/ledger balance confirmations to support accurate NAV reporting and financial statement integrity. Prepared and validated investor reporting packs, including contract note confirmations, capital statements, and transaction summaries, ensuring timely and accurate communication to investors and fund managers.

Associate L2- Transfer Agency

Apex Group Ltd
11.2023 - 10.2024
  • Managed end-to-end onboarding of diverse investor profiles for GIFT City–domiciled funds, ensuring strict compliance with IFSCA guidelines, and fund-specific regulatory frameworks.
  • Executed comprehensive due diligence protocols (CDD, SDD, EDD) by tailoring checks to investor risk categories, effectively mitigating compliance, operational, and reputational risks.
  • Performed regulatory compliance screenings through CVLKRA, CKYC, World-Check, Metrosoft, Adverse Media IRA, and AML checklists, ensuring 100% adherence to domestic and international AML/CFT obligations.
  • Acted as the primary client interface for queries on Category I, II, and III AIF funds, providing expert guidance on fund structures, documentation requirements, and regulatory considerations to deliver a superior client experience.
  • Streamlined collection and validation of tax documentation (W-9, W-8BEN, W-8BEN-E, Entity Self-Certifications), ensuring accuracy, timeliness, and FATCA/CRS compliance for global investors.
  • Enhanced operational efficiency by proactively identifying process gaps, implementing control measures, and collaborating with compliance teams to strengthen internal governance and reporting standards.
  • Coordinated with IFSCA regulators and custodians to ensure timely filings, regulatory reporting, and adherence to compliance timelines for GIFT City–domiciled AIF funds.
  • Supported fund administration activities, including NAV reporting, investor communication, capital call/distribution notices, and regulatory submissions, align with IFSCA’s operational and compliance framework.

Associate Manager - Investor Services

Formidium
05.2021 - 10.2023
  • Spearheaded end-to-end investor onboarding (KYC/KYB) across multiple investor classes—Individuals, Corporations, LLCs, Partnerships, Trusts, Foundations, and SPVs—for hedge funds, private equity, and crypto funds, ensuring seamless integration and adherence to FATCA, CRS, and global regulatory standards.
  • Executed comprehensive AML/KYC due diligence (CDD, SDD, EDD), including PEP/UBO verification, Source of Funds/Wealth checks, and adverse media reviews, mitigating financial crime, reputational, and regulatory risks.
  • Performed advanced sanctions and compliance screenings, leveraging OFAC, OFSI, Lexis Nexis, World-Check, and Trulioo, ensuring compliance with AML/CFT, sanctions, and global investor due diligence frameworks.
  • Escalated high-risk cases (PEPs, adverse media, sanctioned entities, suspicious transactions) to the MLRO/AMLCO, providing detailed static data and risk assessments that enabled accurate and timely SAR/STR filings.
  • Oversaw the complete investor capital activity lifecycle, including subscriptions, additional subscriptions, transfers, switches, and redemptions, ensuring 100% accuracy, strong audit trails, and seamless investor servicing.
  • Acted as a UAT tester for proprietary compliance and fund administration tools, identifying functional gaps, enhancing AML/KYC modules, and recommending process automation to reduce manual intervention and operational risks.
  • Served as the primary client liaison on fund setup, onboarding procedures, product documentation, and regulatory requirements, delivering superior client service and increasing investor retention across multiple jurisdictions.

Education

Master of Commerce -

University of Rajasthan
01.2022

Bachelors of Commerce -

University of Rajasthan
01.2020

Skills

  • Client onboarding
  • Fund administration
  • Investor onboarding
  • Compliance monitoring
  • AML/KYC due diligence
  • Regulatory reporting
  • Client relationship management
  • Risk assessment
  • Process improvement
  • Data analysis
  • Effective communication
  • Due diligence
  • Transfer agency
  • AML/KYC
  • Implementation of AI in operations
  • Customer identification program

Certification

  • AML/CTF Compliance+ Suspicious Activity In-house Training
  • Technical Analysis Program - Trading of Equities, Futures and Options

Languages

  • English
  • Hindi

Timeline

Assistant Manager - RTA

NAV Fund Administration Group
10.2024 - Current

Associate L2- Transfer Agency

Apex Group Ltd
11.2023 - 10.2024

Associate Manager - Investor Services

Formidium
05.2021 - 10.2023

Master of Commerce -

University of Rajasthan

Bachelors of Commerce -

University of Rajasthan

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Harshit Kumar