VAISHALI S. GUNJAL
Financial Crime Compliance specialist with over 7 years of experience in HSBC across various Regions & levels with extensive background in Anti Money Laundering & other Financial Crime related regulations
Summary of Accomplishments
Have knowledge of Anti Money Laundering.
Fundamental accounting knowledge.
Efficient, detail-oriented, highly organized.
Strong analytical and problem solving skills.
J P Morgan Chase (AML/SAR Analyst) April 2018 to January 2019
Independently manage and disposition AML alert, including conducting investigations and research as needed.
Manage Alert volume, including performing intake controls to ensure all Alerts are documented and assigned in a timely manner.
Create and maintain investigation documentation, including alert, investigation, or Suspicious Activity Report (SAR) history; Know Your Customer (KYC) information; relevant account and transaction data; plus any other required information for the investigation
Augment investigation documentation as needed, including conducting independent research through Lexis/Nexis, Web and other sources
Determine need for, compose, send and asses replies to LOB requests for information to determine whether unresolved identified anti-money laundering and/or terrorist financing risk(s) can be mitigated
Review and analyze underlying data gathered to assess whether the alert should be cleared or if there is reasonable cause to escalate to case and/or SAR
Disposition and fully document all alerts, cases and SARs, including supporting data, analysis and rationale for disposition, within the case management system in a timely manner and in compliance with regulatory guidelines
Flag significant SARs to senior management and LOBs, as appropriate
Build relationships with other AML Investigations units, effectively communicating and transferring information, as needed
Function as a key contributor and demonstrate knowledge of AML issues, as well as broader functional knowledge
HSBC New Castle, Delaware October 2015 – February 2018
FCC&RC OPS QA
Performs quality assurance review of 314(a), subpoena, SAR in accordance with AML policies and departmental procedures within established timeframes.
Produces reports containing quality assurance results and associated metrics using established procedures.
Maintains current knowledge of regulations applicable to the business, any business changes as well as pertinent internal regulatory policy and procedural changes.
Provides insight into quality gaps discovered as part of the quality assurance process and ensures these gaps are communicated to appropriate management and business owners.
Analyzes information gathered to develop recommendations for improvement and changes in current policies and procedures for continued compliance with HNAH AML Policy and applicable regulations.
HSBC New Castle, Delaware
International assignment May 2017- July 2017
Travelled to Visakhapatnam India to assist in group wide objective to implement a Quality control within our AML program to ensure transition of the new process for the respective offshore team.
Conducted refresher training & Calibration sessions for the team with a purpose to embed the knowledge of policies and procedures thereby resulting in consistent Quality results and meet the goal by Audit.
HSBC New Castle, Delaware Apr 2013 – Oct 2015
AML INVESTIGATION OFFICER
Participate in special AML Compliance reviews and projects such as CAP, RDC, Subpoenas, NSLs, Supplemental SARs and 314(b)s as well as training efforts, as required.
Evaluate transactions and customer relationships for money laundering activities, identifies red flag issues and escalates within the AML framework for further investigation.
Effectively communicate within the AML Compliance organization and across other areas in HNAH, effectively conveying key information to both internal and external audiences as appropriate.
Provide additional support with the AML compliance organization on more complex issues, including research techniques and capabilities, as well other solutions as appropriate.
Performs name and account based research on lists and reports provided through established resources to determine if evidence of money laundering activities exist.
Develop comprehensive reports to assist senior management across AML departments and prepare SARs.
Provide assistance to other investigators when necessary and/or requested.
HSBC New Castle, Delaware Dec 2010 – Mar 2013
PCM OPERATIONS SPEC
Worked in AML department. Activities involved research and analysis of detailed information including names and accounts provided by multiple sources to determine if there is evidence of money laundering activity based on AML compliance office policies and procedure.
Receives and analyzes various types of inquires bearing unlimited dollar amount to determine reasons for inquiry discrepancies and / or errors to enable the complete and concise corrective actions to be taken.
Receives, initiate and responds special handling client’s branch and OFAC inquires on a daily basis.
Analyze SWIFT messages related to funds transfer inquiries for content and urgency. And re-route non-funds transfer related inquiries to the appropriate departments.
Examine transactions for correctness, completeness and source of error if necessary. Determine appropriate response and/or resolution to satisfy the inquirer’s need within regulatory and business guidelines and audit requirements.
HSBC New Castle, Delaware Sep 2007- Oct 2008
Reconciliation of various accounts. Passed the necessary journal entries.
Researching of transactions using different databases for reconciliation of different accounts, preparing trading accounts and passing necessary journal entries.
Analyzed SWIFT messages related to funds transfer inquiries for content and urgency and re-route non-funds transfer related inquiries to the appropriate departments.
Examine transactions for correctness, completeness and error source if necessary and determine appropriate response and/or resolution to satisfy the inquirer’s need within regulatory and business guidelines and audit requirements.
The EMI Group Wilmington, Delaware Aug 2007 – Aug 2007
Responsible for calculating Federal Telephone Tax Refund.
Helped in calculating depreciation on company assets.
Jackson Hewitt, Newark, Delaware Jan 2007 – Apr 2007
Dec 2005 – Apr 2006
Responsible for preparing individual income tax returns with multiple state filings.
Conducted training classes for the basic income tax preparation.
Advised clients in maximizing tax savings.
Prepared federal and state income taxes involving itemized deductions,
Detail oriented, independent and analytical, with excellent communication skills and ability to listen and interact with all levels of management and staff.
Assisted other colleagues in using tax software application and in balancing the workload.
Masters in Commerce 1 Year (Accounting /Finance).
Bachelor of Commerce in Accounting from Karnataka University, India 1999
Specialized Skills & Other Information
Completed training in Public Income tax preparation at Jackson Hewitt, Newark,
Very proficient in Microsoft Office applications (including MS Excel – with macros, MS Word, MS Power Point).
Reading, Oil Painting, Drawing, Playing Volleyball and Watching Sports.