Rakesh Nagare
Andheri east
Summary
Results-Driven AML Professional with 3 years of experience in transaction monitoring professional with expertise in analyzing customer account transactions to detect suspicious activities related to money laundering and terrorism financing. Proficient in preparing detailed Suspicious Activity Reports (SARs), specializing in negative news screening, adverse media analysis.
Overview
1
1
Certification
3
3
years of professional experience
Work History
Transaction Monitoring
Accenture Solution Pvt. Ltd
Mumbai
10.2023 - Current
- Analyze customer account transactions, including deposits, withdrawals, transfers, card usage, and income/expenditure patterns, to identify suspicious activity indicative of money laundering or terrorism financing
- Conduct a detailed analysis of customer transactions, in conjunction with customer profile information, to determine the legitimacy of each transaction and identify any suspicious activity.
- Prepare detailed Suspicious Activity Reports (SARs) documenting findings and supporting evidence, adhering to all relevant regulatory guidelines
- Adhere to the turnaround time (TAT) for review and closure of Alerts, STR requests.
- Maintain data and records referred to during analysis, closure of alerts, and transaction monitoring.
- Manage activities as per the laid down process or as directed by the Line Manager or the AML head
- Knowledge of and experience with banking products such as savings accounts, current accounts, recurring accounts, fixed deposits, and mutual funds etc.
Education
T.Y.BAF - Banking Accounting and Finance
University of Mumbai
Mumbai, MH2016
H.S.C - commerce
Maharashtra state Board
Mumbai2012
S.S.C -
Maharashtra state Board
Mumbai2010
Skills
1 Anti-Money Laundering (AML) Compliance
2 Sanctions Screening (OFAC, EU, UN, FATF)
3 Customer and Enhanced Due Diligence (CDD, EDD)
4 Financial Crime Risk Assessment and Mitigation
5 Adverse Media & Negative News Screening
6 Fraud Detection, Prevention, and Investigation
7 Good knowledge of Excel, and MS Office
Certification
Completed NISM Professional Certifications in:
- AML - Transaction Monitoring and Suspicious Transaction Reporting
- AML - KYC and Customer Due Diligence
- Vskills Certified AML-KYC Compliance Officer — Vskills
Issued: Jul 2025 | Verification Code: 75935
Timeline
Transaction Monitoring
Accenture Solution Pvt. Ltd
10.2023 - Current
T.Y.BAF - Banking Accounting and Finance
University of Mumbai
H.S.C - commerce
Maharashtra state Board
S.S.C -
Maharashtra state Board