Sayan Sarkar

Experience

• 

  State Bank of India

  May 2013 - Jul 2013

  Internship

  -Performed Financial Analysis based on the report-Identified the credit and debit details -NPA was monitored-Balance sheet was maintained

• 

  HSBC

  Apr 2014 - Nov 2015

  Analyst

  -Was associated with Correspondent Banking and Retail Banking clients in Transaction Monitoring. -Assessed risk events (Alerts), created by the Monitoring systems or created manually, to identify unusual customer behavior/ potential money laundering, terrorist financing, Sanctions, tax evasion, Human and Drug/Human trafficking risks, establishing source of funds and escalate such unusual patterns with case creation. -Performed the Investigation in accordance with the DOI (Department Operating Instructions) procedure laid down in the processes and Country Addendum. -Managed alerts investigation within the turnaround time (TAT) and adhered to the quality guidelines. -Monitored transactions which focused on identification of suspicious pattern of transactions which may result in the filing of Suspicious Activity Reports (SARs) or Suspicious Transaction Reports (STRs) -Quality controller for the Financial Crime Compliance department-Designed comprehensive training materials based on the policies and conducted training sessions to the employees -Worked across sectors like Commercial banking, Private Banking and Corporate. Show less

• 

  PwC India

  Feb 2016 - now

  Proficiently managed and supported various Projects, demonstrating a strong commitment to regulatory adherence and risk mitigation as per domestic and international requirements. - Successfully delivered compliance projects for domestic and international clients (UAE, Bahrain, Germany) in banking, financial services, automobile and fintech sectors.- Performed AML policy review and Gap Analysis, and shared recommendations basis the observations.- Performed ML/TF Risk Assessment. Implemented mitigating controls, reviewed and enhanced of AML/CTF framework and Policies & Procedures.- Designed and implemented Quality Assurance Framework.-Conducted KYC and TM sample testing-Performed Independent Quality Assurance across all due diligence levels.-Crafted AML policies, procedures, and guidelines tailored to meet each client's unique needs while ensuring alignment with international regulations and industry standards.-Designed comprehensive training materials based on these policies and conducted training sessions to the employees of various clients.-Delivered Capacity Modeling and leading Business Development activities. Show less FATF Mutual Evaluation preparedness (Short Term Assignment- Offsite: UAE)-Assisted a leading UAE bank in Abu Dhabi to prepare for FATF Mutual Evaluation and was part of multiple work streams to make process FATF recommendation compliant. -Worked on transaction monitoring work stream where quality assurance review was performed on the alerts/cases closed by the team according to client’s Transaction Monitoring procedures and FATF’s recommendations. -Conducted a gap assessment of the existing process, suggested, and streamlined the procedure for efficient review of the transactions along with QA Dashboard, Methodology, Tracker, and daily MIS. -Assisted client in creating Risk assessment model to assist their money laundering risk. -Complete end to end training was provided to the team consisted of 60+ members. -Worked as a Transaction Monitoring Quality controller for the entire team. -Worked on KYC Remediation process for Middle East based Bank where due diligence review was performed on corporate clients (local corporates and global corporates), Banks, Financial Institutions etc. Show less

  • Manager

    Apr 2024 - now

  • Assistant Manager

    Apr 2021 - Mar 2024

  • Consultant- PwC- Forensic Services

    May 2018 - Apr 2021

  • Senior Analyst- Forensic Services

    Feb 2016 - Apr 2018