Ritu Raj Shaw
AML KYC Analyst
Asansol,WB
Summary
Detail-oriented AML/KYC professional with 3.9 years in the financial services industry and in an E-commerce giant. Executes CDD and EDD focusing on different client type and Risk ratings. Robust knowledge and understanding of regulation affecting KYC program. Interacts and works closely with business stakeholders at all levels of seniority. With extensive experience in completing KYC and performing research/investigation, Looking for a position where I can integrate my skills and experience for the benefit of company and achieve its goal. Proven ability to learn quickly, assess problems, apply analytical skills and initiate corrective actions.
Overview
4
4
years of professional experience
6
6
years of post-secondary education
4
4
Languages
Work History
KYC Analyst
Del Cap Managed Services India Private Limited
Bangalore, Karnataka
09.2021 - Current
- Periodically evaluate ETB clients according to established policies and procedures.
- Completing CDD to the highest quality standard.
- Completing Sanctions reviews and Updates to the highest quality standard.
- Conducting research/investigation to analyze the financial activity of the client
- Ensuring activities within the bank’s system is compliant with Anti-Money Laundering regulations and guidelines
- Conducting sanctions searches, negative news search and PEP screening.
- Investigating high risk clients and reporting where necessary, including Politically Exposed Persons, and obtaining all necessary documentation to complete the client file
- Liaising with the Client Mangers , RM’s (Relationship Managers), Onshore Partners and other departments within the group thus ensuring timely resolution of queries and proper implementation of regulatory requirements and also with FCC team for sanction hits and higher risk reviews (HRR)
Senior Associate
Amazon Development centre India
Bangalore, Karnataka
09.2020 - 09.2021
- Writing Rules to mass classify the products from Amazon catalogue based on HS Code
- Allocate products with accurate HS codes by manually reviewing product attributes that give products a legal identification
- Ensuring the products are delivered to customers across borders with appropriate tax and prices
- Auditing the classified products and updating the invalid/expired codes as per the global standards with the updated/new HS code
- Ensuring the documentation by the sellers is within acceptable parameters established by governing bodies and the firm’s policies and procedures.
Compliance/AML Specialist
H.S.B.C Global Service Centre
Kolkata, West Bengal
04.2018 - 08.2020
- Periodically evaluate existing clients according to established policies and procedures
- Completing KYC profiles to the highest quality standard
- Conducting research/investigation to analyze the financial activity of the client
- Ensuring AML Regulations, policies/procedures are complied
- Ensuring activities within the bank’s system is compliant with Anti-Money Laundering regulations and guidelines
- Investigating customer activity across multiple platforms to ensure that it falls within acceptable parameters established by governing bodies and the firm’s policies and procedures
- Conducting sanctions and negative news search and perform review of the illegal activity or activity in violation of the economic and trade sanctions
- Investigating high risk clients and reporting where necessary, including Politically Exposed Persons, and obtaining all necessary documentation to complete the client file
- In-Depth knowledge in performing research through BIS (business Information sources) like Bank check, Dun & Bradstreet, Mint, Reuters
- Liaising with the CMDD’s (Client Mangers), RM’s (Relationship Managers), GRM’s (Global Relationship Managers), Onshore Partners and other departments within the group thus ensuring timely resolution of queries and proper implementation of regulatory requirements and also with FCC team for sanction hits and higher risk reviews (HRR)
- Maintaining clear communication with the team members
- Ensuring Management Information Sheets are updated on a timely and accurate basis for proper cascade of information is done across levels
- Analytical skills in respect of a wide variety client types, Financial Institutions (FIs), Non-Banking Financial Institutions (NBFIs), Private companies, Funds, SPVs and Partnerships
Education
Bachelor of Technology - Automobile Engineering
Jawaharlal Nehru Technological University
01.2012 - 01.2016
Higher Secondary - Science Education
West Bengal Council of Higher Secondary Education
01.2009 - 01.2011
Skills
High risk account reviews
Financial statements expertise
Verbal and written communication
Research and Investigation
Stakeholder Management
Data/ Records Management
Self-Motivated
Critical Thinking
Experienced with World Check software
Experienced with D&B software
Experienced with RDC software
Microsoft Excel Software Proficiency
Microsoft PowerPoint Software Proficiency
Microsoft Word Software Proficiency
Accomplishments
- Received appreciations from higher management at Client Side for quality of work done during training.
- Received All Rounder Award and Certificate for high quality work and undertaking additional responsibilities at HSBC.
- Received appreciations from higher management and onshore stakeholders at HSBC.
- Recognized as a potential champion for NGT & ECO CDD (HSBC tool) used for KYC process.
- Rated as Top Performer for two consecutive years at HSBC.
Timeline
KYC Analyst
Del Cap Managed Services India Private Limited
09.2021 - Current
Senior Associate
Amazon Development centre India
09.2020 - 09.2021
Compliance/AML Specialist
H.S.B.C Global Service Centre
04.2018 - 08.2020
Bachelor of Technology - Automobile Engineering
Jawaharlal Nehru Technological University
01.2012 - 01.2016
Higher Secondary - Science Education
West Bengal Council of Higher Secondary Education
01.2009 - 01.2011