RAJNI SHARMA
Summary
Lean Six Sigma Green Belt certified with rich experience in handling various projects of Anti Financial Crime/Know Your Customer. Detail-focused, well-versed in government regulatory affairs. Respectfully communicates problems and recommends solutions. Skilled in performing inspections and enforcement proceedings related to regulatory requirements. Adept in prioritizing & translating business goals into E2E recruitment delivery plans with a focus on SLA, Cost Optimization & Adherence to Organization & Process Compliances.
Overview
11
11
years of professional experience
Work History
Director, Regulatory & Compliance
Morgan Stanley
04.2022 - Current
- Overseeing KYC Testing submissions to Regulators in liaison with Internal Audit & GFC, calibrating with business and ensuring streamlining KYC policies for regions APAC, EMEA, US
- Primarily engaged with Global Financial Crime to ensure Firm level AML policies standards in accordance regulatory requirements,
- Handling Vendor Management consisting of 18 members, RCSA agreement, contract extension review approval
- Assisting Black Belt leaders for continuous improvement project plan
- Performing risk gap analysis through internal organizational tools to prepare effective strategies
- Delivering daily operations by overseeing financials, Key Performance Indicators (KPIs), and employee performance, Improved quality with 28%
- Leveraging network to secure new projects and partnership opportunities.
Manager, Wealth Management
Goldman Sachs
05.2021 - 04.2022
- Simultaneously Managed 3 different projects for Asset and Wealth management corporate clients and individual clients for their E2E KYC requirements with 47 Specialists, 2 Team Leads
- Advised Lending business for wealth management to place control framework in comply with regulatory requirements
- Driven Monthly Reporting by Using Tableau and represented all three projects during Stakeholder Monthly reporting updates meetings, discussed and provide effective solutions for highlighted challenges, if applicable
- Managing employee performance, decide rating bases on annual performance bases on scoring methodology
- Lead Horizontal Initiative for Consumer and Wealth Management Division which focuses on various aspects with respect to Organizational Development, created 4 respective Pillars to target desired objectives
- Monitored and responded to competitor activity to stay ahead of marketplace trends
Team Lead, Investment Banking
J P MORGAN CHASE & CO
12.2018 - 05.2021
- As subject matter expert working with Bankers, and supported all aspects of client Onboarding/ Renewal/Event Driven reviews/Remediation including fulfillment of Anti Money Laundering (AML) and Know Your Customer (KYC) requirements
- Predominantly handled Investment Banking, FIG industry & Commercial Bank
- Conducted audit KYC assignments and partnered with Regulators on regulatory topics, primarily engaged with Global financial Crime compliance team to finalize Action plans
- Advised Business/Stakeholders on bi-weekly basis on steps to streamline client onboarding process by conducting policy quality assurance on completed onboarding
- Managed client outreach for AML requirements and handled challenges with client's legal counsel to fulfill regulatory requirements
- Handled audits pushback on final submission of KYC profiles and ensured 100% quality results with providing supports to Internal auditors
- Monitored team performance, advised on improvement and training programme to increase team efficiency
Senior Analyst, Deal Advisory
KPMG
01.2015 - 07.2018
- Prepared forensic due diligence report on global customers by conducting extensive secondary market extensive research through various sources, Thompson & Reuters reports, Bloomberg, Dun & Bradstreet, Sonic, Astrus, Wolfsburg, Bankers Almanac Lexis Nexis, google search inclusive company SOSs, listings, regulations, websites, repositories, etc.
- Performed screening on all identified principles and customers, investigated negative media & PEP match. Liaised with compliance, MLROs for further approvals when applicable
- Acted as SME for and advise a Team of 58 members on KYC completions for Investment, Commercial, Retail & Private Banking clients, ensured all escalations being flagged with right proposals
- Overviewing customers to advise appropriate NAICs, risk ranking, and preparing AML risk summary for client to take approvals from bankers on closure of KYC profiles.
- Communicated research findings through engaging presentations and reports, building a wider understanding of report conclusions.
- Conducted and planned high risk 25 investigations per month, solving 94% of cases within 3 weeks
- Conducted & Organized multiple Training sessions for New hires, ensured accreditation been done in effective manner before their handover to business
- Performed Enhance Due diligence with respect to Customer, Product, Account, PEP, Related Parties, Transactions, Risk factor, OFAC & Sanctions
- Managed huge customers' accounts for their timely completion of KYC and ensured all OFAC & sanctions requirements are fulfilled in advance to avoid any delays, acted as bridge between Legal Counsels of client and Bank.
- Lead & Organized Few Diversity & Inclusion Program at Organization Level, Hosted speaker sessions
- Established and nurtured client-facing relationships to determine business needs and drive solution development, improving customer satisfaction.
Process Associate, OTC
Accenture Pvt. LTD
11.2012 - 07.2013
- Used SAP application to set up or edit new customer accounts or existing accounts for EMI business
- Reviewed and categorized clients' outstanding on basis of credit outstanding aging bucket, prioritized highest aging o/s for collection
- Analyzed existing organizational processes, gathered data to advise on system upgrades, and perform regular equipment maintenance.
Education
Master of Business Administration - Banking and Finance
NMIMS
Maharashtra, India2020
Bachelor of Commerce - Accounts Honors
Vinoba Bhave University
Bokaro Steel City, JH, India2012
Intermediate - Commerce
Central Board of Secondary Education
Bokaro Steel City, JH, India2009
Metric - General
Central Board of Secondary Education
EductaionBokaro Steel City, JH, India2007
Skills
- Financial Crime Compliance SME
- AML, Anti-Bribery, Sanctions, KYC, Screening, PEP, AAR, Transactions Monitoring
- Regulatory governance and compliance, Risk Management & Automation planning
- Policy Development through placing controls, Complex negotiation
- Adept in establishing Quality control process with detailed 8-eye testing process to align Internal Audits, Global Financial Compliance Team 's objective
- Vendor Management, Training, Contract Budgeting, Governance
- Regulatory Liaison, Calibration, Collaboration, & Advisory with Internal & External Stakeholder Management, Compliance, Business, & Clients
- Coaching & Mentoring, Hiring, Compensation, Year-end review
Certifications
- ACAMS aspirant - attempt due in April'24
- Asia Regulatory Risk Academy (ARRA) Certified
- KPMG certified Lean Six Sigma Green Belt (LSSGB) with 50+ training hrs
- Licensed and trained on Signavio, Power BI, Alteryx, Tableau & Minitab
- AML -KYC, V skills certifications - Compliance Officer
- Junior Associate of Indian Institute of Banking, IIBF (Indian Institute of Banking & Finance)
- Certification in Anti Money Laundering and Know Your Customer, IIBF
Accomplishments
- Developed and instituted an employee training and retention initiative that reduced employee turnover by 18% within 5 months.
- Enhanced CDD tool and KYC processes, implementing across departments for increased productivity and profits.
- Diversity & Inclusion Leader, keynote speaker in multiple diversity forums
Volunteer
“Initiatives of Change was established in 1938 with the name Moral Re-Armament, in 2001, re-named as Iofc” Program: LMAD (Let's Make a difference “Youth Conference”) Work as a coordinator and educate youth about Absolute Moral Parameters/Standards of Living for bringing a change in society
Timeline
Director, Regulatory & Compliance
Morgan Stanley
04.2022 - Current
Manager, Wealth Management
Goldman Sachs
05.2021 - 04.2022
Team Lead, Investment Banking
J P MORGAN CHASE & CO
12.2018 - 05.2021
Senior Analyst, Deal Advisory
KPMG
01.2015 - 07.2018
Process Associate, OTC
Accenture Pvt. LTD
11.2012 - 07.2013
Master of Business Administration - Banking and Finance
NMIMS
Bachelor of Commerce - Accounts Honors
Vinoba Bhave University
Intermediate - Commerce
Central Board of Secondary Education
Metric - General
Central Board of Secondary Education
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