Madhuri Dixit
Ambarnath, Mumbai
Summary
Experienced compliance officer with over 4.5 years of dedicated service, adept at tracking, documenting, and reporting to ensure regulatory compliance. Known for meticulous assessment of work, materials, and procedures, with a focus on recommending adjustments to maintain standards. Possesses a motivated and energetic mindset, coupled with strong skills in risk identification and prompt resolution, accurate reporting, and effective alert management. Proven track record in supporting audits, updating procedures, and conducting training sessions. Skilled communicator with both verbal and written proficiency, employing a systematic and diligent approach. Noteworthy accomplishments include constructing AML processes for monitoring blockchain transactions, devising policies, and ensuring compliance with global regulations governing VASPs and domestic financial institutions in India.
Overview
5
5
years of professional experience
9
9
Certifications
3
3
Languages
Work History
Senior AML Analyst
CoinDCX
01.2022 - Current
- Currently handling comprehensive AML Surveillance activities, encompassing the monitoring of transaction alerts, name screenings, and conducting investigations.
- Ensuring the accuracy and timeliness of periodic reporting, alongside the effective allocation and escalation of alerts.
- Overseeing responses to inquiries from FIU-IND.
- Identifying and reporting a Suspicious Transaction Report (STR) with Grounds of suspicion (GOS) if any money laundering and terrorist financing risks are involved or suspicious activity is found within the stipulated time. Strong documentation skills to articulate risk assessments and mitigating controls using a Risk-Based Approach.
- Conducting name screening to identify individuals/organizations from sanctioned countries, PEP list using Lexis Nexis tool along with sanctioned list available on FIU-IND
- Managing relationships with external vendors providing AML-related services, ensuring prompt payments, overseeing their onboarding process, and managing all agreement-related tasks.
- Collaborating with cross-functional teams to develop robust AML policies and procedures, strengthening the organization's compliance framework.
- Identifying inefficiencies in AML procedures and implementing improvements to streamline processes and reduce processing time.
- Handling all periodic reporting requirements and addressing ad hoc Management Information (MI) requests.
- Updating and managing procedures/SOPs associated with AML surveillance to reflect changes in regulatory requirements.
- Serving as a subject matter expert on AML-related matters during regulatory examinations, showcasing the company's commitment to compliance.
- Recommending new software tools and enhancements to bolster fraud detection, prevention, and reporting efforts.
- Leading training sessions for peers and cross-functional teams, fostering a culture of continuous learning and development.
Deputy Manager I
ICICI BANK LTD
10.2019 - 01.2022
- Served as a Compliance Officer within the Centre of Excellence Team, specializing in Transaction Monitoring and Investigation.
- Conducted detailed analysis on Individuals and Corporate clients to detect patterns, trends, anomalies, and schemes in transactions across multiple business sectors.
- Analyzed significant cases, red flags, and patterns associated with illicit fund laundering, ensuring timely alert disposition and maintaining comprehensive templates for alert management.
- Proficiently collected and documented data using various applications, exceeding daily targets with exceptional quality.
- Reviewed TBML alerts and conducted pre-transaction due diligence, collaborating with stakeholders to mitigate financial risks effectively.
- Prepared MIS reports and conducted remediation activities as per SOPs, ensuring compliance and accuracy.
- Improved team efficiency by streamlining processes and implementing innovative management strategies.
Skills
- Transaction monitoring
- Travel rule
- Regulatory Compliance
- Anti Money Laundering
- Enhanced Due Diligence
- Suspicious Activity Reporting
- Screening
- AML Software Proficiency
- Training and mentoring
- Policy and Procedure Writing
- Analytical and Critical Thinking
- Investigations skills
- Procedure optimization
- Team management
- Auditing
- Data presentation skills
- Result-oriented and self-motivated
- MS Office
Tools Proficiency
- CoinFirm (Lukka)
- LexisNexis
- Notabene
- Jocata
- Solidus
- Sprinklr
- Expenzing
- Windows
- Finacle
- SAS
- AMLOCK
- MS Office
- FCRM And Fircotrade
Additional Competencies
- Knowledge of AML & CFT Guidelines related to Virtual Digital Assets
- Thorough understanding of Financial Action Task Force (FATF) Travel Rule
- Knowledge of FEMA guidelines relating to Import /Export / Misc. Cross Border Trade transactions, PMLA, RBI regulations, FATF guidelines, OFAC Sanctions, etc.
- Knowledge and Understanding of Banking Regulations and Laws governing AML/KYC including FATF requirements.
Certification
- Blockchain and Crypto Assets Foundation, Sanctions and Terrorism in Crypto, Crypto Market Players, Crypto Specific Crimes and International Organizations Dictating the Financial Regulatory Framework By CoinFirm
- Travel rule by Notabene
- Mutual Funds Distributors Certification Examination - National Institute of Securities Markets (NISM)
- Depository Operations Certification Examination - National Institute of Securities Markets (NISM)
- Certificate Exam of Corporate Agents (SP Life) - Insurance Institute of India
Education
Post-Graduation Diploma - Banking, Trade Finance
Manipal Academy of Higher Education
02.2020
Bachelor of Engineering - Computer Science And Engineering (BE CSE)
Deogiri Institute of Engineering And Management Studies
07.2017
Languages
English
Bilingual or Proficient (C2)
Hindi
Bilingual or Proficient (C2)
Marathi
Bilingual or Proficient (C2)
Personal Information
- Date of Birth: 08/16/95
- Marital Status: Married
Hobbies and Interests
- Singing
- Drawing
- Travelling
Timeline
Senior AML Analyst
CoinDCX
01.2022 - Current
Deputy Manager I
ICICI BANK LTD
10.2019 - 01.2022
Post-Graduation Diploma - Banking, Trade Finance
Manipal Academy of Higher Education
Bachelor of Engineering - Computer Science And Engineering (BE CSE)
Deogiri Institute of Engineering And Management Studies
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