SakthiPriya M

Risk, Governance and Quality control

• Responsible for identifying, assessing, monitoring, controlling, and mitigating financial crime risk, sanctions risk and reputational risks to the Group.
• Ensure compliance with regulatory law (including Bank Secrecy and Data Privacy Law), Anti-Money Laundering (AML) law, Counter Fighting Financing Terrorism (CFT) law and Anti- Fraud (AF) law as well as compliance with internal guidelines and policies
• Responsible for identifying and researching the patterns, trends and anomalies in complex transactional and customer data to detect, prevent, mitigate and report suspicious transaction related to money laundering, terrorist financing and structuring
• Collaborate with compliance and technology teams to refine surveillance algorithms and enhance detection capabilities
• Prepares internal reports for management on daily/weekly work status, training information and all other related MI
• Track significant issues arising from financial crime compliance metrics, Assurance activities, Audit reviews and regulatory inspections, providing validation of issue closure.
• Plan and assist regular internal audits to assess compliance with regulations, policies, and procedures. Identify areas of risk or non-compliance and recommend appropriate corrective actions. Coordinate external audits and examinations, ensuring timely and accurate responses to audit findings.

Finance and Accounting - Global Payments and SAP Project Management

• Provide day to day support and technical advice to country office accountants on accounting matters and the related SAP process.
• Prepare accounting and control procedures documentation for implementation in the country offices.
• Maintain vendor records, including contracts, payment terms, and contact information.
• Updating Banking information for HQ and country office vendors to be in line with global payments requirements.
• In Depth, detailed understanding of accounting systems, SAP FI modules and their control features.
• Coordinate with accounts payable team for invoice processing, workflow approvals, and payment disbursement.
• Collaborate with procurement and inventory teams to ensure accurate recording of purchases and receipt of goods/services.
• Conduct dormant vendor exercise to identify vendor accounts that should be disabled from active PTP use.
• Use risk monitoring tools - like TIN matching and OFAC checks to risk asses the viability of suppliers for confidential to do business with.
• Support Vendor master related internal and external audit requests.

Project Highlights:

• Spearheaded the implementation of SAP S/4 HANA - Vendor Master records and led a cross functional team for system transformation project leveraging SAP workflow automation, eliminating 80% of Manual data entry tasks and reducing error rates from 5% to 0.5%.
• Configured and customized SAP reports using SAP business objectives, providing real time insights that improved decision making speed and accuracy.
• Worked closely with systems and transformation team on the implementation of the CRM tool (Customer Relationship Management) , that enabled case-based approach where SLA was derived scientifically for various types of request and monitored automatically causing a minimum of 50% reduction in turnaround time that enhanced the overall productivity and client satisfaction.
• Experience and Ability to develop clear and detailed business requirements document, design specifications and executing extensive system integration testing (SIT) and user acceptance testing (UAT). Ensuring project objectives are met while staying within budgets and time constraints.

Global Reconciliation Unit

• Served as a subject matter expert for monitoring daily high-volume and critical transactions, particularly those impacting client money and market risk.
• Ensures receipts of all the feeds and in line balances and take immediate actions for the balance variation and for the missing transactions.
• Uploading the balances/ transactions from swift files to system and Investigating the duplicate transactions.
• Engage directly with senior leadership (Director, MD) to address upstream issues causing delays in data feeds and resolved variances identified through reconciliation.
• On-boarding of new clients and opening ledger and statements side accounts for new business.
• NBSER & BSER and MIS reporting and attending overseas client calls for day-to-day control exceptions, methodologies, and operational challenges.
• Regularly review SOPs to ensure compliance with company standards and make necessary adjustments based on process revisions.
• Collaborate with development teams on UAT testing, providing feedback and observations to improve system efficiency. Managed migrations to ensure smooth transitions.