SNEHA KAKIRDE

1. Financial Crime Compliance Leadership & Governance

• BSA/AML program Uplift - Introduced and streamlined the IMF (Issue Management Forum) process, enhancing efficiency in issue identification (self identified/autogenerated data issues or control/risk issues), categorization, and ownership assignment and remediation.
• Led the creation of desktop procedures and review RCSA ensuring alignment with company policies, regulatory frameworks, and audit expectations.
• Spearhead the DAMOS (Data Analytics and Monitoring Oversight Subcommittee), engaging with senior management to present FCC program controls, governance frameworks, and key risk indicators (KRIs).
• Develop and implement FCC risk mitigation strategies, aligning with regulatory expectations and internal compliance frameworks.
• Oversee audit readiness and regulatory documentation, ensuring alignment with global financial crime compliance standards.

2. Business Intelligence, Reporting & Automation

• Develop enterprise-level BI dashboards and scorecards, delivering real-time risk insights, compliance metrics, and governance analytics for senior leadership and regulatory reporting.
• Implement data-driven reporting solutions to enhance decision-making, leveraging Power BI, SQL, and Actimize for trend analysis and financial crime risk assessment.
• Maintain and optimize SharePoint-based governance repositories, ensuring seamless access to compliance records for audit readiness and regulatory oversight.

3. Regulatory Compliance & Risk Management

• Individually contributed as a Tester for Source to Surveillance Transaction Validation, leveraging SQL to identify 20+ data and process gaps and drive remediation efforts.
• Drive SAR (Suspicious Activity Report) Data Control Certification, ensuring compliance with data governance policies and presenting findings to the Anti-Money Laundering Oversight Committee (AMLOC).
• Manage Country Risk Rating updates in Actimize, ensuring high-risk, prohibited, and restricted geographies are reflected in AML transaction monitoring alerts.
• Conducted environmental crime research (based on FinCEN report), leading analysis on financial crime trends and implementing Actimize keyword enhancements to strengthen AML transaction monitoring.
• Lead AML Transaction Monitoring System Migration Analysis, identifying missing alerts, performing root cause analysis (RCA), and presenting remediation plans to governance forums.

• Transaction Monitoring and Negative Name Screening
• Responsible to review and perform root cause analysis of AML post transaction monitoring alerts on Actimize, generated by Mantas within agreed SLA for private banking and investment banking clients, using tools such as - My Workplace, DocVault, FXOPS and SIMBA
• Analyzing the risk associated with money trail involved in various scenarios like - High Risk EFT, SULT (single unusually large transaction), CIB (change in behavior) and Rapid movements of funds
• Identifying financial, reputational and regulatory risk to the bank on the basis of source and destination of funds, reasons for fund transfer, mode of fund transfer, relation between the parties involved in the transactions and historical transactions by performing look back and look forward review
• To close the case based on assessments and supporting documents else to build a case and escalate any possible red flags to the L3 investigations team for further detailed review/ STR filings
• Using tools such as SAMatching, Factiva, ICON party and Global Fenergo, to perform the name screening alerts generated for internal APAC investment banking and private banking clients and their associated persons against the external database i.e
• World Check, CNP, and APAC watch list
• Identifying and escalating the new potential PEP clients, reputational risk clients to the relevant specialty desks for further assessment
• Identifying and mitigating the risk associated with the alerts generated by true matches by taking risk based approach - e.g
• PEP/SOE clients else, escalating the red flags of true matches to the relevant L3 investigations team for further detailed review, e.g
• Sanctioned clients
• Derived the 'Automatic Daily Upload' robot to production
• This includes requirement gathering, system analysis, testing and get the work done from AI team followed by signoff for user acceptance test
• Responsible to perform for the internal control checks and identify in case any BAU discrepancies on a quarterly basis
• Provide process and system trainings to the new joiners in the team
• Produce monthly MI reports like team dashboard, MBR, talent matrix showcasing various KPIs and KRIs
• Active member of Employee Engagement Committee for collaborating with the employees by organizing various engagement events in the virtual setup
• Hosted the batch#3 (2018) of real return program run by the Organization for professional women who are on break

• Assistance to the Global Head and senior management with BAU
• Create Policy Dashboard on SharePoint
• Research to find out the FCC related policies from the stack of more than 100 policies
• Keep a tab on the expiry date of the policy (usually 2 years from the last revision) and notify the authors of the policies to review the content
• Maintain and upload new policies and update current policy information to ensure consistency and clarity
• Prepare and distribute the AML Newsletter on monthly basis
• Gather the industry news regarding AML, sanctions and ABC from the open source like Reuters, Bloomberg and google alerts
• Co-ordinate with the SMEs/ stake holders to finalize the relevant articles
• Get the signoff from the global heads
• Consolidate the approved articles using Inxmail application and distribute it to the wider audience in a timely manner
• Created a SharePoint site for the local team to manage data using libraries, lists and webart to store the policies, procedures and dashboards
• Prepare and distribute small learning PPT slides to capture the details of the policy using relevant pictures and easy language
• Prepare the MBR (Monthly business review) deck to be presented to the high level management to showcase the KRI and KPI of each team in FCC
• Draft the detailed Systematic Operating Procedure (SOP) for all the tasks

• Produce MI reports with KPIs and KRIs for RFDQM
• Co-ordinate with various data providers for collection of data through emails and SharePoint
• Calculate the meaningful metrics from the raw data using various excel functions
• Chase the data providers for the validation of the commentary produced and include the final approved commentary for the unusual spike/drop in the numbers and figures reported
• Quality check and validate the data submitted by data providers and review of the metrics pack produced
• Consolidation and preparation of final metrics pack in PDF and PPT
• Participate in the Metrics related meetings and forums - UK RMC, IMM, SLA, Monthly performance call
• Draft the detailed Systematic Operating Procedure (SOP) for Global MI process
• Active member for RFDQM Fun committee and CRO Philanthropy committee

• Produce MI reports with KPIs and KRIs for FCC (Financial Crime Compliance)
• Co-ordinate with various data providers for collection of data and assisting them to submit data on SharePoint
• Calculate the meaningful metrics from the raw data extract and submit the figures on SharePoint
• Quality check and validate the data submitted by data providers
• Include commentary for the unusual spike/drop in the numbers and figures reported for SAR, PEP, Fraud Cases, Transaction surveillance aged alerts, Sanctions, Staffing
• Consolidation and preparation of final FCC MI Dashboard for all the divisions
• Draft the detailed Systematic Operating Procedure (SOP) for Global MI process

• Assist in the surveillance of financial advisor and firm sales activities through the use of monitoring of e-mail correspondence and social communications and activity sent and received by financial advisors to identify and escalate to resolve compliance related issues
• Surveil the emails (content, attachments, disclosures, sender/recipients) of Broker Dealer for any potential non-compliance/Fraud
• Check for Compliance with policies given
• Namely, Anti Money Laundering, Gifts & Entertainment, Attachment to external clients, unethical behavior, Wash sales, Manipulation, Insider information etc
• Review all the marketing materials such as Fund fact sheet, Fund prospectus, white paper, forwarded to external recipients by registered individuals for adherence to compliance rules and regulations
• Add/ Remove or internal transfer of any new/ existing employee from the surveillance system via Lotus Notes
• Prepare and maintain Documentations and MIS Reports
• Steering committee Member of i- WIN (Women's Initiative Network)
• Participated in activities under the banner 'UTOPIA'
• Attended the trainings under Learning and Development initiative: Assertiveness, Time Management, Overview of 6 Sigma, Email writing skills
• Volunteered for the donation drive and fund raising event for the community partner, NGO 'MAHER'