Shubham Bhardwaj
AML/KYC Analyst
Gurugram
Summary
Detail-oriented Senior Analyst with over 4 years of comprehensive experience in Financial Crime Compliance, specializing in AML/KYC operations and regulatory adherence. Proven track record in identifying and mitigating risks related to money laundering and financial crimes. Expertise in conducting thorough Investigations, KYC due diligence, transaction monitoring and risk assessment, ensuring alignment with regulatory frameworks. Capable of identifying data anomalies and escalating potential financial crimes, poised to deliver value and enhance compliance functions. Seeking to leverage regulatory expertise to enhance financial crime prevention strategies in a dynamic organization.
Overview
5
5
years of professional experience
Work History
Senior Analyst 1
AML Rightsource India Pvt. Ltd.
07.2024 - Current
- Identifying and researching the patterns, and trends in customer data to prevent fraud, money laundering and other illicit activities.
- Performed comprehensive end-to-end reviews after extensive analysis, including narrative writing, for Suspicious Activity Report (SAR), KYB, KYC, PEP and Sanctions Screening, Enhanced Due Diligence (EDD), and Customer Due Diligence (CDD), adverse media checks, processes across case alert triage, escalations, and high-risk scope, ensuring accurate analysis and appropriate filing.
- Clearing/Escalating the cases after extensive analysis with the help of tracer and other tools.
- Worked on tools like Lexis Nexis, Snowflake, CSI, Client Admin, Regulator, and Slack.
- Serve as Subject Matter Expert (SME) and Quality Controller (QC) for compliance reviews.
- Conduct risk assessments, categorize entities as low, medium, or high risk and develop mitigation strategies.
- Engaged in daily interactions on multiple process updates and workflow communication and trained them, tracked work queues, and ensured adherence to SLAs.
- Develop Standard Operating Procedures (SOPs) and FAQs and send out MOMs regularly.
- Ensure compliance with international regulations, including the UK Bribery Act, BSA, OFAC, USA PATRIOT Act, and EU Privacy Act.
Senior Analyst
American Express
10.2022 - 06.2024
- KYC Due Diligence: Performed comprehensive KYC reviews on Legal Entities and individuals, verifying identities, assessing risk levels, and ensuring full compliance with regulatory obligations.
- Customer Due Diligence (CDD): Conducted in-depth CDD for onboarding new clients, validating documentation and evaluating risk profiles per AML/KYC standards.
- Enhanced Due Diligence (EDD): Executed robust EDD procedures for high-risk customers, analysing complex transactions and identifying indicators of financial crime.
- Entity Structure Analysis: Assessed legal entity structures, ownership hierarchies, and financial records to determine beneficial ownership and detect potential compliance risks.
- Real-Time Monitoring & Investigations: Led detailed investigations of high-risk customers, performed sanctions screening on ultimate beneficial owners to prevent money laundering.
- SME & Training: Acted as a Subject Matter Expert (SME), delivering training to new and existing team members across multiple workflows, maintaining quality metrics.
Junior Relationship Executive
Muthoot Finance Ltd.
08.2021 - 10.2022
- Ensured compliance with regulatory requirements and company policies, making certain that all loan transactions adhered to the laws governing gold loans.
- Performed Customer Due Diligence as mandated for aligning with regulatory and internal compliance.
- Maintained the branch's financial records and cash flow, while creating gold loan entries in the Management Information System (MIS).
Education
B.Com (hons) -
SRM University
Sonipat, India06-2018
Skills
- Customer Due Diligence (CDD)
- Enhanced Due Diligence (EDD)
- Transaction Monitoring and Sanctions Screening
- Adverse Media Screening
- Documentation Review
- AML/KYC Compliance
- Onboarding and Re-KYC
Timeline
Senior Analyst 1
AML Rightsource India Pvt. Ltd.
07.2024 - Current
Senior Analyst
American Express
10.2022 - 06.2024
Junior Relationship Executive
Muthoot Finance Ltd.
08.2021 - 10.2022
B.Com (hons) -
SRM University