Pratiksha Sakunde
Krakow
Summary
Professional with 9+ years of experience in Know your Customer (KYC), Anti Money Laundering (AML) checks, Periodic reviews, Onboarding different categories of entities, Enhanced Due Diligence (EDD), KYC analysis, Complex Structure Charts, DDP activities, Project Management, Client Relationship. Strong analytical aptitude of customer due diligence process and methodology to identify patterns and trends to communicate risks to management. Successful managing multiple competing priorities and deadlines. Detail-oriented KYC Analyst executes Know Your Customer activities focusing on client onboarding and exceptions in line with regulatory standards and jurisdictions. Robust knowledge and understanding of regulation affecting KYC program. Interacts and works closely with business stakeholders at all levels of seniority. Detailed examiner of crime scenes and reports using intense review process to uncover concrete evidence.
Detail-oriented Compliance Officer dedicated to improving policies and procedures in all business areas. Fantastic critical thinker with great memory and efficiently organize vast amounts of data. Great at performing internal audits and conducting investigative reporting. Experienced in reviewing financial documents and digital records. Effective at directing, monitoring and inspiring team members to complete accurate and timely investigations and reports. Smoothly equip employees to independently handle daily functions and meet customer needs.
Diligent trainer and mentor with exceptional management abilities and results-driven approach. Documented strengths in building and maintaining relationships with diverse range of stakeholders in dynamic, fast-paced settings.
Overview
10
10
years of professional experience
Work History
Manager
SBI SG Global Securities Services Pvt.Ltd
01.2017 - 11.2023
- Onboarding different types of categories Foreign Portfolio Investors (FPI), Foreign Direct Investments (FDI), Alternative Investment Funds (AIF), Portfolio Management Services (PMS), Foreign Venture Capital Investor (FVCI), Domestic Trust and Mutual Funds
- Maintained positive customer relations by addressing problems head-on and implementing successful corrective actions.
- Maximized performance by monitoring daily activities and mentoring team members.
- Perform Know Your Customer due diligence (CDD) in line with applicable AML Policies, Standards & Procedures, prior to account openings and on an on-going basis
- Performing audit check by reviewing all KYC profiles that are submitted by KYC analyst for maintaining high quality standards.
- Responsible for performing Periodic Review, OFAC checks, Enhanced Due Diligence (EDD) reviews of consumers and business banking customer as per Client Identification Policies
- AML checks across all Domestic and Global clients, accurate risk rating for individual/non-individual accounts to highlight high risk jurisdictions, cash intensive/high risk businesses and Politically Exposed Persons(PEPs) or Relatives or Close Associates (RCA)
- Building Profile by thoroughly researching Regulatory Bodies, Countries Exchanges, State Registries, research and analysis of public records, commercial database, global media sources and reliable media
- Performing enhanced due diligence research in attempts to find derogatory/background information used to aid client advisors' decisions in initiating, maintaining or closing business relationships
- Ensured compliance with industry regulations and legal requirements by implementing comprehensive policies and training programs for staff members.
- Trained complex structure chart, complex entity types, ownership control of entity and identification of Ultimate Beneficial Owner (UBO)
- Worked with Senior Managers, Lines of Businesses & other departments to ensure ongoing compliance with AML Standards & regulatory requirement
- Ensuring Designated Depositary Participant (DDP) activities, issuing FPI Registrations, performing FPI Renewals timely and SEBI reporting
- Building and maintaining client relationships to improve business generation and product mix from new and existing clients
- Streamlined workflows by identifying bottlenecks in existing systems and proactively addressing these challenges through appropriate solutions implementation.
- Recruited, interviewed and hired employees and implemented mentoring program to promote positive feedback and engagement.
- Evaluated employee performance and conveyed constructive feedback to improve skills.
- Onboarded new medium of business as Global Custodian and have worked on online portal for Global KYC from initial stage and successfully launched it for internal activity
- Analyzed and prepared guidance note on Indian Financial Market.
Financial Analyst
eClerx Services Ltd.
01.2015 - 01.2017
- KYC Renewals as part of Global Rolling Review team for UK Investment Bank
- Reviewed and analyzed project spending throughout project life cycle.
- Responsible for performing periodic review on client as per Client Identification policies of firm
- Performing UK and US AML/ KYC due diligence on range of institutional client types include Government entities, Financial institutions, listed entities, Regulated entities, Private entities, Trust, Funds and Individual client.
- Performing OFAC (Office of foreign Asset control) checks and PEP (Politically Exposed person) screening on Directors, Shareholders and entity & report to Client if any derogatory information found
- Evaluated performance of existing investments and adjusted accordingly.
- Building Profile by thoroughly researching Regulatory Bodies, Countries Exchanges, State Registries, research and analysis of public records, commercial database, global media sources and reliable media
- Conducting enhanced due diligence research of individuals, institutions, corporations, trust and funds
- Met agreed KRI / KPI targets for KYC profile reviews, escalating when required
- Source required CDD documentation independently from various internal and external sources (regulatory websites, company websites, Banker's Accuity etc).
Officer
India Infoline Limited
07.2013 - 07.2014
- Individual KYC, Financial Institution Advisory
- Individual clients - Due Diligence, analyzing paying capacity of individual
- CIBIL check before lending money
- Analyzing NPA (Non-performing Assets) and preparing detailed report
- Onboarding of Debentures, National Pension Schemes, Demat account.
Education
MBA - Finance
A.C.P.C.E, University of Mumbai
Mumbai01.2013
Bachelor of Commerce: Accounting & Finance -
Dnyansadhana College
Mumbai01.2011
Skills
- Project Management
- Customer Relationship Management
- Financial and Research Analysis
- Managing Operations and Efficiency
- Sanctions Screening
- Loan Documentation
- AML Regulations Expertise
- KYC Analysis
- Supervising Financial Crime Investigations
- Case Documentation
Accomplishments
- Nominated for India's Top Women in Finance 2023.
- Won Certificate of Excellence for the outstanding performance for the quarter.
- Recognized as employee special mention award for outstanding performance.
- Part of 10th Indian Alternative Investments Summit 2023.
- Scrutinize the SEBI Regulations, RBI Guidelines prepares the detailed write up and publish it to clients.
- Simplified the process of onboarding by finalizing guidance note for detailed understanding of Indian Financial Market.
- Successfully onboarded new medium of business through Global Custodian Route.
- To minimize operational errors, worked on Standard Operating Procedures and Checklists.
- Worked closely with IT professionals for online portal for Global KYC and launched successfully.
- Process setup done in order to reduce the TAT in onboarding process.
- Promoted to Deputy Manager in 2019 and Promoted to Manager in 2022
Languages
English
Advanced
C1
Hindi
Proficient
C2
Marathi
Proficient
C2
Timeline
Manager
SBI SG Global Securities Services Pvt.Ltd
01.2017 - 11.2023
Financial Analyst
eClerx Services Ltd.
01.2015 - 01.2017
Officer
India Infoline Limited
07.2013 - 07.2014
MBA - Finance
A.C.P.C.E, University of Mumbai
Bachelor of Commerce: Accounting & Finance -
Dnyansadhana College
Similar Profiles
Hiren DesaiHiren Desai
AVP IT at SBI-SG Global Securities Services Pvt. Ltd.AVP IT at SBI-SG Global Securities Services Pvt. Ltd.
Vineet SinghVineet Singh
Manager - Corporate Action at SBI-SG Global Securities Services Pvt LtdManager - Corporate Action at SBI-SG Global Securities Services Pvt Ltd
HARISH DALVIHARISH DALVI
Assistant Manager Administration at SBI SG Global Securities Services Pvt. Ltd.Assistant Manager Administration at SBI SG Global Securities Services Pvt. Ltd.