Priya Thacker Shah
Mumbai
Summary
Compliance enthusiast with a strong focus on regulatory adherence and risk management. Aspiring AML Consultant skilled in fostering a culture of compliance that aligns with business objectives. Proven ability to implement strategies that enhance operational efficiency while ensuring full regulatory compliance.
Overview
11
11
years of professional experience
1
1
Certification
Work History
Manager
Ernst & Young LLP
Mumbai
06.2024 - 11.2024
- Managed multiple projects, including ML/TF risk assessments and policy gap assessments for clients.
- Led recruitment processes to meet growing business needs in collaboration with partners.
- Ensured timely submission of ML/TF risk assessment reports in compliance with RBI guidelines.
- Assisted clients with NFRR audits for Malaysia, India, and Italy, coordinating submissions to regulators.
Assistant Manager
PricewaterhouseCoopers Private Limited
Mumbai
12.2019 - 06.2024
- Conducted AML/KYC reviews for corporate clients in APAC, EMEA, and US regions.
- Developed training plans for new hires and coordinated with teams for efficient pipeline management.
- Executed document sourcing, validation, and enhanced due diligence to ensure compliance with regulatory standards.
- Served as quality checker and subject matter expert for KYC profiles, assessing source of funds and wealth.
- Reviewed sanction hits from screening processes and assigned risks based on findings.
- Performed thorough string searches across company registries, regulators, and government databases.
- Assisted in recruitment processes by collaborating with directors during candidate selection.
- Evaluated client name screening systems by analyzing sanctions reports for accuracy and efficiency.
Exempt Non-Officer
Credit Suisse services India Pvt Ltd
Pune
02.2018 - 11.2019
- Conducted periodic reviews for Investment Banking KYC HUB and NON-HUB clients.
- Developed model plans for executing KYC reviews for India FPI Clients.
- Established training plans for new joiners to enhance onboarding process.
- Reviewed client source of wealth, source of funds, and ownership based on risk ratings.
- Executed screenings for Hub and Non-Hub cases utilizing Global Check and FACTIVA.
- Discounted irrelevant hits and escalated true positives to relevant teams.
Senior Analyst
PricewaterhouseCoopers Service Delivery Centre
Bengaluru
11.2015 - 01.2018
- Executed KYC/AML and Transaction Monitoring projects adhering to client standards and timelines.
- Monitored quality of KYC remediation exercises to ensure compliance with established protocols.
- Liaised with frontline staff, business management, and compliance teams to enhance workflow efficiency.
- Conducted thorough investigations of suspicious money laundering alerts and transactions.
- Identified and monitored activities flagged as suspicious, ensuring timely reporting.
- Collected documentary evidence and maintained case files for suspicious transactions.
- Ensured meticulous record-keeping of analyzed data related to KYC and transaction monitoring.
- Demonstrated expertise in Banking Operations, including KYC, SARs, EDD/CDD, RFIs, and compliance regulations.
Process Associate
RBS business Services Private Limited
Mumbai
09.2013 - 10.2015
- Conducted periodic reviews of retail and commercial clients in accordance with compliance regulations.
- Collaborated with managers to mitigate risks and ensure adherence to AML/KYB policies.
- Ensured compliance with all regulatory requirements while maintaining data integrity.
- Analyzed customer transactional behavior and assessed cases per internal AML procedures.
- Identified and escalated potential risks and operational issues promptly.
- Served as quality checker in FATCA team, addressing US indicia triggers from analytics team.
- Executed due diligence on individuals and corporate entities following established guidelines.
- Validated client information using primary sources, ensuring timely case completion per SLA.
Education
MBA - Finance
Mumbai University
Mumbai06.2013
Bachelor of Management Studies - Finance
Mumbai University
Mumbai06.2011
Skills
- Anti-money laundering expertise
- Know your customer compliance
- Financial crime prevention
- Screening and due diligence tools
- Accuity and Lexis Nexis proficiency
- Factiva and Fircosoft utilization
- World Check analysis
Websites
Certification
- ISO 27001:2022 certified Lead Auditor
- Certified GRC Professional by One Trust
- Certified Third Party Risk Management Expert by One Trust
- JAIIB, Certification from Indian Institute of Banking and Finance (IIBF)
- AML KYC Certification from Indian Institute of Banking and Finance (IIBF)
Timeline
Manager
Ernst & Young LLP
06.2024 - 11.2024
Assistant Manager
PricewaterhouseCoopers Private Limited
12.2019 - 06.2024
Exempt Non-Officer
Credit Suisse services India Pvt Ltd
02.2018 - 11.2019
Senior Analyst
PricewaterhouseCoopers Service Delivery Centre
11.2015 - 01.2018
Process Associate
RBS business Services Private Limited
09.2013 - 10.2015
MBA - Finance
Mumbai University
Bachelor of Management Studies - Finance
Mumbai University
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