SIDDHARTH SARDA

Risk Assessment & Analysis

• Conducted comprehensive risk assessments on member accounts to identify suspicious activities and prevent potential financial losses.
• Monitored high-risk accounts using advanced analytics and transaction monitoring systems to detect patterns of fraud or money laundering.

Fraud Prevention & Investigation

• Investigated alerts and unusual member behavior using tools such as [insert tools: e.g., Actimize, SAS, or internal platforms], leading to early detection of fraudulent schemes.
• Collaborated with compliance and fraud investigation teams to report confirmed suspicious activity and support legal enforcement procedures.

Data Analytics & Reporting

• Utilized data analytics to evaluate member risk scores, segment accounts, and create reports for internal stakeholders to inform risk mitigation strategies.
• Maintained detailed documentation and dashboards to track trends in member risk exposure, enhancing decision-making processes.

Compliance & Regulatory Support

• Ensured adherence to KYC, AML, and BSA regulatory requirements in all risk assessments and member onboarding processes.
• Participated in internal audits and supported external regulatory reviews by preparing accurate risk documentation and member files.

Cross-Functional Collaboration

• Partnered with internal departments such as Compliance, Legal, and Operations to develop and refine risk models and policies.
• Trained new analysts on risk detection processes and best practices, improving team accuracy and efficiency.

• Assuring that all KYC/AML Documentation comply with Laws of relevant jurisdiction.
• Determining whether the controls, together with any planned actions, are working as required to mitigate SBG’s risk.
• Coordinating with 1st Line of Defense (Operation, Network Field Supervisor and Specialist Monitoring Team) where controls are not working effectively to improve risk exposure on key risks.
• Conducting review of Risk Mitigation Programme done by Network Field Supervisor in order to ensure that Advisers are following correct procedures and Sesame Risk is adequately covered.
• Rendering independent reassurance to SBG Risk Committee that risks are being managed in accordance with the SBG Risk Framework.
• Performing detailed checks for high risk products including large premium amounts (Thematic Review – Pension Switches, Annuity, Equity Release etc.).
• Rendering assistance in the development and the implementation of network procedures & policies which were designed to minimize potential regulatory risk.
• Conducting focus review of portfolios recommended to the customer in order to ensure that inherit risk is in line with customer's risk profile.
• Ensuring compliance with anti money-laundering procedures and ensuring all documentary evidences are available to support customer identity and source of funds.
• Identifying and educating staff members for any issues related to KYC/Anti Money Laundering.
• Delivering accurate and appropriate feedback within agreed / established service standards.
• Establishing, examining and providing management with reasonable assurance through independent measures.
• Monitoring and evaluating of control activities over time to determine whether controls are adequately designed, properly executed and effective.
• Conducting analysis of guidance & principals issued by regulatory authority and subsequently download at team briefings thereby contributing to self development and the development of the team.
• Ensures checks occur to monitor financial crime risks including (but not limited to) risks arising from client identity, being politically exposed, being on sanctions lists or being a risk of paying for products with criminal property and reports the outcome of such checks as direct by their line manager.
• Receive and analyse eID&V system management information (“MI”) in relation to the customer due diligence process including customer identity verification, sanctions and Politically Exposed Person (“PEP”) screening by Sesame network members.
• Report the outcome of the MI analysis to the relevant network member facing teams for any further follow up, investigation or network member sanction.
• Provide periodic MI reports for the Financial Crime Committee regarding the compliance of the Sesame network members with the financial crime policy.
• Report items requiring additional reporting or investigation to the Head of Financial Crime.
• Undertakes additional tasks or projects when required, to support the needs of the business or to achieve departmental objectives.
• Monitoring the combined performance of the team and ensuring that everyone reaches their targets.
• Operating incentive schemes that motivate members of their team to reach or exceed targets.
• Promoted as ‘Risk & Assurance Officer’ in December 2007,'Sr Executive' in May 2014 and Internal Quality Analyst since February 2016.
• Awarded “Performer of the month” on numerous occasions for giving best results with 100% Quality.
• Handling projects independently including data analysis, root cause analysis, risk assessment, recommendations for improvement and reporting.
• Company policy discussion on half yearly basis and recommend any changes to HR Department.
• Awarded with the “Award for Excellence” by NIIT Technologies Limited in February 2006 (top 5% - for 2005).