Nitin Jadhav

Work History

Suryoday Small Finance Bank Ltd

12.2022 - Current

Designed and analyzed Key Risk Indicators (KRI) for 6 functions/departments of the Bank involving approximately 70 parameters.
Maintained Risk register and loss data to track and manage potential risks effectively.
Assisted in designing and analyzing exception reports on a daily/monthly basis to identify and address anomalies promptly.
Prepared monthly reports for the Risk Management Committee of Executives (RMCE) and quarterly reports for the Risk Management Committee of the Board (RMCB).
Analyzed and reported people risk parameters monthly/quarterly, including Attrition rate, Mandatory Leave, Vacant Positions, Staff Rotation, Exit Reason Analysis, and Skill Gap Analysis.
Utilized Branch Operationl Risk Profile reporting to calculate branches' scores based on various parameters for risk assessment.
Prepared, monitored, and analyzed Cash Retention Limit (CRL) for branches and Cash movement on non-working days.
Analyzed Branch days lost for branches closed due to various reasons to assess operational risks effectively.

HDFC BANK LTD

09.2019 - 12.2022

Analyzed data to detect suspicious activities based on internal Red Flag Indicators and raised alerts for further investigation.
Prepared draft grounds of suspicion (GOS) for cases requiring Suspicious Transaction Reports (STR) filing and collaborated with the AML team for submission to FIU-IND.
Identified operational errors, fraud risks, and monitored transactions to enhance Anti-Fraud measures.
Conducted trend analysis to track fluctuations in operational and fraud risk parameters.
Collaborated with Analytics/BPRG for developing new tools and systems for alert analysis and compliance with regulatory requirements.

AXIS BANK LTD

11.2017 - 08.2019

Developed Excel-based tools (Dashboards) for top management decision-making and clearer business growth observation.
Prepared and analyzed daily reports for Branch-wise Forex, Derivative, and Trade activities.
Conducted analysis of errors and mistakes in daily new accounts opened data, investigating reasons and sending reports for rectification in Finacle system.
Analyzed Treasury & Retail Forex department business and prepared daily and monthly reports, ensuring timely publication of dashboards and response to queries.
Conducted User Acceptance Testing (UAT) of TxB products like Forex, Trade, Derivative, and Capital Markets with BIU-DSI team for data reconciliation.
Released Bahubali campaign fortnightly and monthly to drive revenue from forward contracts and derivative business.

HDFC BANK LTD

02.2015 - 10.2017

Identified non-compliance with KYC guidelines in newly opened customer accounts and generated needed MIS reports for management review on KYC non-compliance.
Conducted system-based back-end analysis of new accounts to flag suspicious accounts based on set criteria.
Monitored responses from branches on raised alerts and analyzed completeness and accuracy for MIS report release by audit.
Ensured staff accountability and escalated KYC process lapses to senior management.
Developed and executed technical SQL queries in Oracle SQL developer for senior management reports and data accuracy maintenance.
Prepared monthly MIS reports for various categories like FDs, Cheque Returns, NBFC, CA Reports, and more.
Developed audit methodologies, queries, and controls to uphold internal KYC policy compliance.
Prepared process documents and operating manuals for the KYC audit team.

ADFC PVT LTD. (Sister Concern of HDFC BANK LTD )

06.2010 - 02.2015

Conducted KYC analysis by examining customer information for suspicious details and identifying potential cases.
Downloaded data from various banking systems and created specific queries for data extraction.
Performed aging and trend analysis of alert data and cleaned data using Excel functions like Concatenate, Vlookup, Hlookup, Pivot tables, Macros, IF formula, etc.
Analyzed customer details to identify suspicious cases and lack of due diligence in new and existing accounts.
Reviewed weekly reports to identify commonalities like addresses, phone numbers, PAN numbers, Joint Operating Officials (JOO), and multiple accounts for further investigation.
Drafted suspicious alerts to branches and individuals, while mentoring and supervising new team members and delegating tasks effectively.