Archana Javaregowda
Dubai
Summary
A passionate Individual who can adapt to all kinds of working atmospheres with 3 years of experience in BSA operations, transaction monitoring, Fraud Investigations, AML, SAR, and client handling. Specialized in implementing and applying statistical analysis to data sets to identify and prevent fraud. Transaction monitoring and Skilled at reviewing and reconciling client accounts, preparing and producing reports on financial status, Transaction history, Due Diligence, and Sanction Screening.
Overview
3
3
years of professional experience
1
1
Certification
Work History
Compliance Executive
Deriv
12.2023 - Current
- Oversaw investigations into potential violations of laws or company policies, taking decisive action as necessary to protect the organization''s interests.
- Optimized resource allocation across various compliance programs, ensuring efficient use of budgetary funds.
- Conducted thorough audits to identify potential compliance gaps and recommend corrective actions.
- Range Drove digital transformation efforts within the compliance function by automating manual processes for increased efficiency.
- Identified, investigated and documented compliance violations and recommended corrective measures.
- Investigated and documented all violations of compliance regulations to determine necessary improvements.
BSA ANALYST -Transaction Monitoring (SME)
Synapse
04.2023 - 10.2023
- Assist with the alert workload and the monitoring for suspicious patterns/activity and fraud, conduct suspicious activity report investigations, as well as high-risk customer/account reviews, and recommend when to file and not file Suspicious Activity Reports (SARs)
- Conduct enhanced due diligence reviews which entails research, the gathering of documents, composing a well-written narrative, making appropriate recommendations, and assigning appropriate risk factors
- Assist in the preparation and submission of all Currency Transaction Reports (CTRs) within the regulatory deadline of 15 days
- Perform 90-day SAR follow up reviews; recommending whether continuing activity SAR should be completed
- Ensure proper identification and adherence to the Synapse's BSA Program including, but not limited to;
- CIP, CDD/EDD/BO, OFAC and record keeping and retention requirements
- Monitor potential OFAC matches and take appropriate action to escalate them when necessary
- Participate in ongoing training to maintain current knowledge of BSA/AML and OFAC regulatory requirements
- Assist in the compliance of 314(a) and 314(b) responsibilities
- Work with stakeholders to drive process improvements that will impact internal and external customers.
Fraud Specialist
GOLDMAN SACHS
11.2022 - 03.2023
- Conduct end-to-end KYC due diligence for global clients, including individuals, corporations, and institutions.
- Collect, verify, and analyze customer information, such as identification documents, financial statements, and transactional records. Review the KYC process, and regulations, and conduct compliance reviews.
- Responsible for establishing and managing complex KYC processes.
- Executing the KYC process for institutional customers.
- Ensuring implementation of KYC checks are as per the governing rules and regulations.
- Performing initial risk classification and performed due diligence for onboarding the client.
- Authorising transactions.
- Responsible for conducting detailed income and KYC screening of the customers as required by the global KYC procedures.
- Updating database in system with latest sanctions lists published by authorities
- Monitoring reconciliation.
- Coordination and Communication on all the regulatory gaps, process improvements with stakeholders.
- Reporting client accounts for KYC approval
- . UBO, IBO, Source of wealth, Source of fund, Bearer Shares, OFAC Conducted fraud investigations including transaction review, sourcing and identification
- Monitor real time queues and identify high risk transactions within the business portfolio
- Observe customer transactions to identify fraudulent activity such as account take over, friendlyfraud, theft and similar other risk
- Monitor constantly customer and transactional records to identify unauthorized transactions andfraudulent accounts
- Maintain fraud analysis models to improve efficiency and effectiveness of company systems
- Determine existing fraud trends by analyzing accounts and transaction patterns
- Identify and detect suspicious orders by interpreting large, complex, sensitive data
- Collaborate and communicate about daily priorities across multiple departments and levels.
- Collated evidence to prove fraudulent activities.
- Improved, enhanced and challenged existing processes and procedures to add value to institution.
- Validated investigations utilising range of sources from both internal and external sources.
- Identified patterns of emerging claims involving specific parties.
- Engaged with other banks and financial institutions about reports of fraudulent behaviour.
Transaction Risk Investigator (Fraud Investigation Specialist
AMAZON Bangalore
09.2021 - 11.2022
- Conducting and managing thorough research and investigation of suspected fraud allegations to gather evidence
- Handling background checks, KYC, Employee investigations, and asset searches on suspected individuals
- Examining various documents including victim testimonies and financial records to find out whether the fraud occurred
- Prepare reports that clearly state the investigations and evidence
- These reports must be shared with the management
- Create and implement preventive measures that will stop fraud
- Track investors, investor meetings, and investor participation across capital structure for the program.
- Reviewed market trends to determine impact on organisation's financial goals.
- Collaborated with risk managers on reporting and evaluation techniques to support ongoing collection and interpretation of risk management data.
Transaction Monitoring Associate
Mphasis Limited
12.2020 - 08.2021
- Assisting HP clients with the real-time transactions and customer transaction monitoring
- Manage, track, report, and perform all tasks as assigned
- Work closely with broader research, editorial, and communications teams to help support and inform project outcomes
- Provide in-depth health and performance analysis as required.
- Conducted due diligence and background checks on potential customers and business partners for compliance reasons.
Education
Bachelor of Commerce - Accounting and Finance
Bangalore University
Bengaluru, KANov 2020
Executive MBA - Business
DAYANANDA SAGAR UNIVERSITY
Oct 2022
Skills
- Enhanced Due Diligence
- Sanction Screening KYC
- Customer Due Diligence (CDD)
- Suspicious Activity Reports (SAR)
- UAR CTR PEP
- Bank Secrecy Act
- Anti-Money Laundering
- Transaction Monitoring
Additional Information
- Full Name : Archana Javaregowda
- Nationality: Indian
- Martial Status: Single
- Passport No:V1747781
Certification
- (CFE: Certified Fraud Examiner) - 1058870.
- (CAMS)
- Dataiku -Core designer : http://verify.skilljar.com/c/ihdvj2g4jxbm
Timeline
Compliance Executive
Deriv
12.2023 - Current
BSA ANALYST -Transaction Monitoring (SME)
Synapse
04.2023 - 10.2023
Fraud Specialist
GOLDMAN SACHS
11.2022 - 03.2023
Transaction Risk Investigator (Fraud Investigation Specialist
AMAZON Bangalore
09.2021 - 11.2022
Transaction Monitoring Associate
Mphasis Limited
12.2020 - 08.2021
Bachelor of Commerce - Accounting and Finance
Bangalore University
Executive MBA - Business
DAYANANDA SAGAR UNIVERSITY
- (CFE: Certified Fraud Examiner) - 1058870.
- (CAMS)
- Dataiku -Core designer : http://verify.skilljar.com/c/ihdvj2g4jxbm
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