Shital Majhi
Bangalore
Summary
Dynamic professional with extensive experience in AML and KYC compliance at HSBC Electronic Data Processing. Proven ability in risk mitigation and management, coupled with strong analytical and communication skills. Successfully executed due diligence processes, enhancing client onboarding efficiency and ensuring adherence to regulatory standards.
Overview
7
7
years of professional experience
1
1
Certification
Work History
Exclusive Case Manager
HSBC Electronic Data Processing India Pvt. Ltd.
Bangalore
04.2023 - Current
- Conduct Due diligence and Know Your Customer (KYC) research for clients, as part of the business-wide
Anti-Money Laundering (AML) Compliance remediation process. - Analysis of accounts and client information according to prescribed internal control policies and procedures.
- Identification and production of information required to satisfy the Bank's KYC due diligence policies and processes.
- Execute and review negative media alerts from client screening, and escalate where necessary.
- Package client due diligence research and documentation for review by Relationship Managers.
- Meet production target volumes and dates, as advised.
- Communication with HSBC officers and other employees involved in the maintenance of internal control standards.
- Onboard the client in the bank after verifying the Premier customer.
Deputy Manager
IDFC FIRST Bank
Bangalore
03.2022 - 10.2022
- Coordination and collection of client specific information and completion of documents to assist in the
onboarding of new clients. - Ensure full awareness of all the policies and procedures issued in relation to KYC/AML.
- Periodically review the underperforming customer, and draw an action plan for improvement.
- Performing ongoing customer due diligence, including maintenance and updating of AML and KYC records and information for existing clients.
- Escalate any suspicious or unusual matters to AML and line-of-business compliance for further investigation.
- Ensuring salary credit in all salary accounts.
- Maintaining relationships with the department head, and contacting people at the corporate level.
- Processing the salary account until activation by applying KYC, and onboarding the client.
Business Development Officer
Standard Chartered Bank
08.2019 - 02.2022
- Performing periodic KYC review on a risk-based schedule.
- Conducting due diligence and know-your-customer research for clients as part of the business.
- Identifying and resolving, or escalating as appropriate, any issues in relation to the onboarding process.
- Strictly evaluating and monitoring each case as part of the fraud control unit team.
- Communication with the institution's officer and other employees involved in the maintenance of internal control standards.
Junior Executive
Salarpuria Sattva
08.2018 - 04.2019
- Promote property through targeted marketing initiatives.
- Support the development of a residential marketing strategy.
- Meeting up with the channel partner and coordinating with them on a regular basis.
Education
PGDBM - Finance
Jain University (EDII)
01-2018
BBA - Marketing Management
George College
01-2016
Intermediate -
Ghatsila College
01-2012
Matriculation -
Kendriya Vidyalaya Surda
01-2008
Skills
- Knowledge of AML and KYC
- Understanding sanctioned countries
- Understanding of suspicious activity reports
- Risk mitigation and management skills
- Knowledge of customer due diligence
- Multitasking skills, problem-solving skills, good analytical skills, good communication skills, presentation, and negotiation skills
Certification
- AML-KYC Compliance Officer - Vskills
- Computerized Accounting and Taxation
- Microsoft Excel 2010
Personal Information
Languages
- English
- Hindi
- Santhali
- Bengali
Timeline
Exclusive Case Manager
HSBC Electronic Data Processing India Pvt. Ltd.
04.2023 - Current
Deputy Manager
IDFC FIRST Bank
03.2022 - 10.2022
Business Development Officer
Standard Chartered Bank
08.2019 - 02.2022
Junior Executive
Salarpuria Sattva
08.2018 - 04.2019
PGDBM - Finance
Jain University (EDII)
BBA - Marketing Management
George College
Intermediate -
Ghatsila College
Matriculation -
Kendriya Vidyalaya Surda