Shamik Kar
Manager (Financial Crime Investigation Reporting / Risk & Compliance) -ICA Certified
Hyderabad
Summary
Accomplished Manager in leading financial crime investigations and the risk & compliance domain, I significantly enhanced fraud detection processes at HSBC, earning the “Rising Star” accolade within 6 months. Expert in risk assessment and Excel, I've lead teams across Bandhan Bank and ICICI Bank looking into the Service Level Agreement, Performance Management Index,Capacity Planning and Stakeholder management, fostering leadership and compliance excellence.
Overview
12
12
years of professional experience
7
7
years of post-secondary education
3
3
Languages
Work History
Manager - Financial Crime Investigative Reporting
HSBC
03.2023 - Current
- Worked in pilot program and helped set up new process in Hyderabad to cater for Hong Kong market.
- Awarded “Rising Star” for exceptional performance in the field of Financial Crime Investigations in a span of 6 months.
- Awarded “Helping Hand” for exceptional support, guidance and training to entire Hong Kong Hyderabad team.
- Subject Matter Expert (SME) in Investigative Reporting for Hong Kong market.
- Analyzed large amounts of data to find patterns of fraud and anomalies.
- Managed team members in the absence of line manager such as managing SLAs, and conducting one to ones.
- Summarized all key information regarding investigation into detailed report for delivery to client.
- Analyzed financial statements, bank records and government databases to identify fraud and other instances of financial crimes.
- Multitasking and assisted in team guidance/ management through training and internal checks.
Manager - Team Leader (AML / Financial Crime )
Bandhan Bank Limited
11.2018 - 03.2023
- Observed strict confidentiality regulations to maintain data security.
- Established and enforced internal controls, workflows and policies for tracking and reporting on account opening activities.
- Reviewed historical records, current operational data and forecasting information to identify and capitalize on system enhancement opportunities.
- Completed filings and upheld strict compliance with regulatory agencies and head supervisors.
- Managed 45 direct reporting team members including individual KPIs and PMIs.
- Complied with established internal controls and policies.
- Educated staff on anti-money laundering and financial crimes to escalate concerns to senior members of PSR team.
- Conducted capacity planning to maintain SLAs keeping in mind shrinkage.
- Managed and motivated employees to be productive and engaged in work.
- Accomplished multiple tasks within established timeframes.
- Maximized performance by monitoring daily activities and mentoring team members.
- Resolved staff member conflicts, actively listening to concerns and finding appropriate middle ground.
- Achieved project milestones ahead of deadlines, coordinating effectively with stakeholders and managing resources efficiently.
Assistant Manager of Operations (KYC and Audit)
ICICI Bank Limited
07.2013 - 11.2018
- Consulted with compliance department to create regulatory reports.
- Conducted thorough reviews for high risk clients based on stratified risk level guidelines.
- Supported KYC processes for prospective and existing customers.
- Reviewed new prospect KYC documents to meet requirements and determine business model risk.
- Completed audits in accordance with regulations and procedures.
- Followed up to assess and report corrective action completion or progress.
Education
ICA Certification In Risk & Compliance - ML, Terrorist Financing,Sanctions Risk,Fraud & CDD
International Compliance Association
09.2024
Under Graduation - Commerce
Don Bosco School
Kolkata 05.2006 - 05.2009
Bachelor Of Business Administration - Marketing Management And Research
University of Calcutta
Kolkata 05.2009 - 05.2012
Post Graduate Diploma - Banking Operations
NIIT (IFBI)
Kolkata 06.2012 - 06.2013
Skills
Leadership and team building
Excellent risk assessment abilities
MS Excel
Microsoft PowerPoint
Audit Compliance
Fraud detection
Fraud prevention mastery
Accomplishments
- Awarded “Rising Star” for exceptional performance in the field of Financial Crime Investigations in a span of 6 months.
- Team Handling ( Direct reporting) of 50 staff members.
- Employee of the Quarter - Thrice.
- I-Innovation Award for Innovative ideas implementation -Thrice.
- Eagle Eye award for prevention of KYC anomaly.
- Completion of certification in Risk and Compliance from ICA (International Compliance Association) with specialisation in Money Laundering & Terrorist Financing, Sanctions Risk,Fraud Risk, Customer Due Diligence.
Timeline
Manager - Financial Crime Investigative Reporting
HSBC
03.2023 - Current
Manager - Team Leader (AML / Financial Crime )
Bandhan Bank Limited
11.2018 - 03.2023
Assistant Manager of Operations (KYC and Audit)
ICICI Bank Limited
07.2013 - 11.2018
Post Graduate Diploma - Banking Operations
NIIT (IFBI)
06.2012 - 06.2013
Bachelor Of Business Administration - Marketing Management And Research
University of Calcutta
05.2009 - 05.2012
Under Graduation - Commerce
Don Bosco School
05.2006 - 05.2009
ICA Certification In Risk & Compliance - ML, Terrorist Financing,Sanctions Risk,Fraud & CDD
International Compliance Association
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