Summary
Overview
Work History
Education
Skills
Languages
Timeline
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Priyanka Sumgade

Binaki Nagpur

Summary

Detail-oriented Financial Examiner bringing proven experience and hardworking, attentive nature. Competent in digging into large amounts of data to assess structures and practices. Strong investigative skills paired with ability to analyze complex data sets and identify suspicious activities. Demonstrated leadership through collaboration across departments to ensure consistent adherence to regulatory standards.

Overview

4
4
years of professional experience

Work History

AML Analyst

HSBC
Hyderabad
01.2023 - 12.2023
  • Investigated cases of possible fraud or other criminal activities using advanced analytical techniques such as pattern recognition algorithms.
  • Reviewed generated alerts by transaction monitoring system and escalated any anomalous activities in accordance with regulatory requirements.
  • Pro-actively gather intelligence from media reports and appropriate web sites to identify customers of HSBC involved in crime/ML/terrorism etc.
  • Utilized transactional and customer records, external data, as well as publicly available information to detect any suspicious or abnormal behavior.
  • Conducted comprehensive analysis of transactions and relationships within various businesses/products to identify patterns, trends, anomalies, and schemes.
  • Maintain strong investigative skills, the ability to work independently, and demonstrate extensive banking and compliance knowledge. Detected and prevented financial crimes by investigating, monitoring, and managing large accounts.
  • Prepared and submitted narrative summaries of findings for each individual review, including detailed recommendations for further action.
  • Prepared diverse customer documentation and information for packaging in compliance with Federal regulations and specific bank requirements.
  • Ensured comprehensive examination of international accounts from Bahrain, Qatar, UAE and Canada across multiple banking sectors including Global Banking, Commercial Banking and Retail Banking. Raised KYC/CDD referrals as necessary, resulting in successful escalation of accounts for fraud detection and SAR filings.

Senior Analyst

Mercer
Pune
09.2021 - 10.2022
  • Changing client banking details for UK or overseas member by checking respective country mandate and checking AML.
  • Amended records for member under or overpayment calculations and maintained them in an Excel sheet for reference by the UK team. Accepted client overpayment and settled underpayment for members.
  • Running monthly calc for as a member payroll team to make payments to 1500+ members from
    different pension schemes.
  • Managed payroll instructions and ensured accurate record-keeping of first pension receivers and dependent members. Created Excel sheets as references for the UK team.
  • Adhered to HMRC rules and regulations in changing tax code for members. Successfully dealt with different schemes to verify member or client benefits.
  • Sending letters or mail for P60 and Pay slip letter. Made necessary changes in database for suspension or reinstatement of pension. Accepted bank returns for various scenarios and facilitated the return to scheme or reissue to members.

Process Associate

TCS
Nagpur
10.2019 - 08.2021
  • Managed client's account by adding or removing agents and IFA. Set up and serviced regular investments for clients.
  • Safely and efficiently transferred stock, shares, and cash between client accounts while adhering to AML verification protocols.
  • Managed investment portfolio by strategically switching between high and low risk funds. Ensuring efficient completion of settlements and payment processes.
  • Managed client escalations and grievances, effectively ensuring client satisfaction and maintaining high levels of customer service in the insurance policies department. Taking calls with onshore counterparts relating to work updates and feedback on cases.
  • Maintaining the SLA adherence. Maintained compliance with UK norms while assisting in the initiative to decrease quality errors and breaches.

Education

PG Diploma in Computer Commercial Application

Hislop College
Nagpur

Bachelor of Commerce in Computer Application

GS College
Nagpur

Skills

  • Effective Communication
  • Goal Setting
  • Attention to Detail
  • Analytical Skills
  • Teamwork and Collaboration
  • Pressure Handling

Languages

Hindi
First Language
Marathi
Proficient (C2)
C2
English
Proficient (C2)
C2

Timeline

AML Analyst

HSBC
01.2023 - 12.2023

Senior Analyst

Mercer
09.2021 - 10.2022

Process Associate

TCS
10.2019 - 08.2021

PG Diploma in Computer Commercial Application

Hislop College

Bachelor of Commerce in Computer Application

GS College

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Priyanka Sumgade