Nitin Jadhav
Opertional Risk Manager
Kalyan,MH
Summary
Looking for a position in the domain of Audit, AML, Product & Compliance in Banking and Financial services utilizing skills in order to orchestrate smooth and safe work procedures & practices. To succeed in an environment of growth and excellence and earn a job which provides me job satisfaction and self-development.
Overview
14
14
years of professional experience
4
4
Certifications
Work History
Operation Risk Manager - Deputy Manager
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.
Junior Auditor - Deputy Manager
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.
Business Analyst - Deputy Manager
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.
Junior Auditor - Assistant Manager
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.
Junior Officer
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.
Education
B. com - Commerce
03.2007
HSC - Commerce
03.2004
SSC - Marathi Medium
03.2002
Skills
Application Packages -
Completed Basic of Computer with MS-CIT, 1Excel, Word, Power Point
Knowledge of computer programming language SQL
Power BI
Personal Information
- Date of Birth: 12/19/1985
- Nationality: Indian
- Marital Status: Married
- Religion: Hindu
Languages
English, Hindi, Marathi
Certification
Certified Anti-Money Laundering Investigator (CAMI)
Timeline
Certified Anti-Money Laundering Investigator (CAMI)
03-2024
ChatGPT certification course
12-2023
Artificial Intelligence certification course
11-2023
Post Graduate Diploma in Business Management (Banking and Finance)
05-2023
Operation Risk Manager - Deputy Manager - Suryoday Small Finance Bank Ltd
12.2022 - Current
Junior Auditor - Deputy Manager - HDFC BANK LTD
09.2019 - 12.2022
Business Analyst - Deputy Manager - AXIS BANK LTD
11.2017 - 08.2019
Junior Auditor - Assistant Manager - HDFC BANK LTD
02.2015 - 10.2017
Junior Officer - ADFC PVT LTD. (Sister Concern of HDFC BANK LTD )
06.2010 - 02.2015
Mumbai University - B. com, Commerce
NSS College of Commerce & Economics - HSC, Commerce
Wilson High School - SSC, Marathi Medium