Saurabh Awasthi
Mumbai
Summary
Dynamic Implementation Manager at Citibank NA with expertise in Anti-Money Laundering and team leadership. Proven track record in accelerating client onboarding and enhancing compliance processes. Skilled in stakeholder coordination and regulatory adherence, driving quality control initiatives that improved operational efficiency. Committed to delivering results through effective training and mentorship.
Overview
16
16
years of professional experience
1
1
Certification
Work History
Implementation Manager, Custody Onboarding
Citibank NA
Mumbai
04.2023 - Current
- Led 3-member team to manage end-to-end onboarding of FPI clients under SEBI/PMLA regulations, ensuring compliance and timely integration.
- Manage escalations and guide internal teams on SEBI disclosure norms.
- Coordinated with internal departments to identify and resolve documentation gaps, expediting onboarding process.
- Analyze complex ownership structures and assist clients in disclosing Ultimate Beneficial Owners.
- Conducted QC reviews and provided training and mentorship to team members, enhancing team capabilities and ensuring quality standards.
Assistant Manager, L2 Sanctions Screening
Citicorp Services India Pvt. Ltd.
Mumbai
09.2021 - 04.2023
- Reviewed and investigated payment alerts against OFAC, SDN, and global watchlists to ensure compliance and mitigate risks.
- Led the migration and training of sanctions screening function to the Chennai team.
- Documented alert disposition decisions as per global AML procedures.
- Handled NEFT/RTGS/IMPS alerts to support fraud controls and enhance transaction security.
- Conducted weekly learning calls to train team on complex screening cases, fostering knowledge sharing and skill development.
Associate, Global Financial Crime
Morgan Stanley
Mumbai
02.2016 - 09.2021
- Conducted EDD for wealth and institutional clients, ensuring compliance during onboarding and refresh cycles.
- Drafted risk assessment summaries for PEP, adverse media, and jurisdictional factors to support decision-making.
- Led process migration from Glasgow and mentored 12 analysts.
- Maintained RCSA, KRI, and KPI trackers to enhance audit preparedness and facilitate regulatory compliance.
- Designed and delivered EDD training modules for new compliance analysts.
Compliance Officer
Currencies Direct Solutions Pvt. Ltd.
Mumbai
12.2014 - 01.2016
- Reviewed high-risk client registrations and filed SARs to mitigate potential financial crime risks.
- Supervised onboarding and AML compliance review to ensure adherence to regulatory requirements for private and corporate clients.
- Conducted refresher training programs for compliance staff to enhance understanding of AML regulations and improve compliance effectiveness.
- Built a Risk-Based Review Matrix for client classification.
Senior Process Associate
Tata Consultancy Services
Mumbai
11.2009 - 12.2014
- Reviewed KYC documentation and validated CIP for new and existing clients, ensuring compliance with regulatory standards.
- Monitored global watchlists and sanctions updates (UNSC, EU, OFAC, MAS) to identify potential risks and ensure adherence to compliance protocols.
- Maintained screening dashboards and generated MIS reports to track compliance metrics and support decision-making.
- Trained new hires on AML regulations and compliance tools.
Education
Bachelor of Law (LL.B) - Law
Thakur Ramnarayan College of Law
Mumbai01.2025
Masters in Financial Management - Finance
NL Dalmia Institute of Mgmt Studies And Research
Mumbai01.2020
Bachelor of Commerce - Accounts
Thakur College of Science And Commerce
Mumbai01.2009
Masters of Law - Business Law
KES College of Law
MumbaiSkills
- Anti-Money Laundering (AML)
- Know Your Customer (KYC)
- Enhanced Due Diligence (EDD)
- Regulatory Compliance (SEBI, RBI, OFAC)
- High-Risk Client Onboarding
- Sanctions & PEP Screening
- Legal Entity Review & Escalation Handling
- Stakeholder Coordination
- AML Training & SOP Documentation
- Team Leadership & Quality Control
- Lexis Nexis
- RDC
- Actimize
- Dow Jones
- World Check
- Microsoft Office
Certification
• NISM-Series-VI: Depository Operations Certification Examination
• Spanish Language, A1 & A2
• IT Training, NIIT: Understanding IT in Corporate Environment
• Spanish Language, A1 & A2
• IT Training, NIIT: Understanding IT in Corporate Environment
Languages
English
Proficient (C2)
C2
Hindi
Native
Native
Spanish
Beginner (A1)
A1
Timeline
Implementation Manager, Custody Onboarding
Citibank NA
04.2023 - Current
Assistant Manager, L2 Sanctions Screening
Citicorp Services India Pvt. Ltd.
09.2021 - 04.2023
Associate, Global Financial Crime
Morgan Stanley
02.2016 - 09.2021
Compliance Officer
Currencies Direct Solutions Pvt. Ltd.
12.2014 - 01.2016
Senior Process Associate
Tata Consultancy Services
11.2009 - 12.2014
Bachelor of Law (LL.B) - Law
Thakur Ramnarayan College of Law
Masters in Financial Management - Finance
NL Dalmia Institute of Mgmt Studies And Research
Bachelor of Commerce - Accounts
Thakur College of Science And Commerce
Masters of Law - Business Law
KES College of Law