Money Laundering Risk Management

SAHANA BEGUR SHASHIDHAR

***********@*****.*** +1-770-***-****

https://www.linkedin.com/in/sahana-begur-427860122/ Atlanta, GA

PROFESSIONAL SUMMARY

A skilled Anti-money laundering specialist with 4+ years of experience commanding knowledge in the domain of Finance and Banking. Capability in establishing rapport at all levels of business and arriving at decisions with SWOT analysis. Acquired immense hands-on experience in KYC,Risk Management including expertise in financial crime investigation. An individual always on the lookout to learn and add value.

SKILLS HIGHLIGHTS

• Sanctions Screening

• Anti-Money Laundering(AML) & Know Your

Customer(KYC)

• External Database Research

• Regulatory Reporting

• Customer Due Diligence(CDD) & Enhanced

Due Diligence(EDD)

• Bank Secrecy Act(BSA)

• Office of Foreign Assets Control(OFAC)

TECHNICAL EXPERTISE

Business Analytical Skills SWOT Analysis, Risk Scoring Tools Vision Archive, Verafin, Fidelity Na-

tional Information Services(FIS) e-

access, Bloomberg, Thompson One,

Factiva, World Check, Fidelity Na-

tional Information Services(FIS) Inte-

grated Banking solution (IBS) Insight,

Equifax, Appway, TIBCO Spotfire

PROFESSIONAL EXPERIENCE

CTR and Screening Analyst September 2020 - November 2022 IBM India Pvt Ltd Bengaluru, India

• Knowledge and experience in Sanctions Screening (Name Screening) and Currency transaction reporting(CTR).

• Conducted comprehensive analysis of Alerts data, ensuring 100% compliance to turnaround time having consistently achieved 98% on-time resolutions, thus reducing customer escalations by 50%.

• Detected and reported suspicious transactions (STR) through rigorous monitoring and data analysis; collaborated with regulatory authorities to ensure compliance and mitigate potential financial risks, resulting in a 30% reduction in fraudulent transactions.

• Assured a 40% reduction in false positives using AML transaction monitoring systems.

• Managed challenging projects with a 95% on-time delivery rate, showcasing exceptional proficiency in project management skills.

• Orchestrated and executed 3+ concurrent projects adhering quality standards and ensuring all deliverables; thus accom- plished a 20% reduction in project turnaround time while maintaining 98% client satisfaction rate.

• Execution of high-risk customer reviews using Client specific risk rating techniques(1-Lowest Risk and 5-Highest Risk).

• Composed and delivered time-critical reports for new customers, ensuring compliance with U.S. Department of the Trea- sury’s Office of Foreign Assets Control (OFAC) regulations.

• Effectuated thorough World Check screenings to ensure compliance with regulatory standards, enhancing risk management and safeguarding against potential violations; attained a 100% compliance rate and maintained a strong reputation within the industry.

• Ensured 40% decrease in potential fraud incidents by identifying and evaluating high risk individuals including Politically Exposed Person(PEP).

• Implemented process improvement strategies for the client that simplified operational, financial, compliance, and technology processes, leading to a 30% reduction in risk exposure.

• Collaborated with executive management, LOB, and managers to streamline communication channels, facilitating timely updates on OFAC/PEP/Screening requirements, resulting in enhanced compliance and risk management.

• Investigated and reported 50+ Suspicious Activity Report (SAR) alerts, aiding in the prevention of potential financial crimes and ensuring regulatory compliance within a highly regulated industry.

• Recorded and maintained accurate customer identification data, including name, address, DOB, SSN, POB, and other relevant details, thus safeguarding sensitive information based on the regulatory standards.

• Executed rigorous screening procedures against the latest OFAC-issued SDN and blocked persons list, guaranteeing adher- ence to regulatory requirements and minimizing the risk of financial penalties; thus achieving 100% compliance.

• Demonstrated 30% decrease in error rates and 20% increase in productivity by establishing effective process maps, flow chats and documentation.

• Developed and delivered training programs on automated clearing house (ACH) international ACH transaction (IAT) originator alerts for cross-functional teams, improving overall understanding and adherence to compliance guidelines. Tax Analyst April 2019 - December 2019

Ernst and Young Bengaluru, India

• Documented 200+ individual tax returns for German clients, ensuring compliance with local tax laws and maximizing refund opportunities; achieved an average client satisfaction rating of 4.8/5.0.

• Managed tax documentation process for a portfolio of clients, ensuring timely submission and compliance with tax regula- tions, resulting in a 100% on-time filing rate.

• Ensured 100% accuracy and compliance of tax returns for submission to higher authorities.

• Analyzed and compiled previous year’s tax returns to identify key financial trends and patterns, enabling data-driven decision-making and maximizing client’s tax savings potential. Advisory Associate July 2017 - March 2019

Ernst and Young Bengaluru, India

• Streamlined the review process for Statement of Work and Master Service Agreement, resulting in a 50% reduction in review time and improved client satisfaction scores by 30%.

• Conducted comprehensive online investigations using social media platforms; uncovered 25+ instances of scams, money laundering, theft, and sanctions violations, resulting in enhanced client protection and prevention of financial losses.

• External database research for client information (Bloomberg, Thompson One and Factiva).

• Implemented visually compelling data visualizations using TIBCO Spotfire tool, enabling stakeholders to gain actionable insights and make data-driven decisions; reduced time spent on data analysis by 50% and improved overall productivity.

• Consolidated market research and industry reports into concise and informative weekly newsletters, facilitating cross- functional collaboration and empowering the team to make data-driven decisions. EDUCATION

Master of Commerce, St Joseph’s College of Commerce June 2015 - July 2017 Post Graduate Diploma - Human Resource Management, St Joseph’s College of Commerce June 2015 - June 2016 Bachelor of Commerce, Mount Carmel College June 2012 - July 2015 CERTIFICATION

Certified Anti-Money Laundering Specialist June 2023

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