Mumbai Metropolitan Region
"Right profile influences the action of investments" Neha is an Experienced AML and Financial Crimes Professional having proficiency in BSA/AML, KYC/CIP Onboarding, CDD,EDD, KYC Product Validation, Case analysis, Sanctions Screening, Model Validation, Risk Assessment, Transaction Monitoring, Internal Audit, and Database management (SQL Server/T- SQL) She is currently working at ARC Risk and Compliance as a Product Expert and Project Manager wherein she provide Project Management guidance and for scheduling, accountability, & Project Quality Assurance for Model Validation Projects as well as • Provide Product Expertise on various BSA/AML &OFAC surveillance systems. She worked as an Associate at ACA Compliance Group/Telavance. She applied her experience in Database Management Systems, Data Analytics, Product Validation, Model Validation, Risk Assessment, Gap Analysis Assessment, Transaction Monitoring Systems, AML Compliance Rules, and Regulations for challenging projects. She has expertise in BI and Data Analytics-Data profiling, mapping, Data quality analysis, mining, Data distribution analysis, Data Modeling, ETL procedures. She has experience in AML surveillance systems such as FIS Prime Compliance Suite, Bridger Insight, Surety Eco Suite, FCRM, NICE Actimize, Verafin, , Firco Compliance Link – Accuity, and Data and Process Analysis Tools such as Tableau, MS Excel, etc and in Programming Languages such as SQL, C++, Java. Prior to ACA Telavance, Neha served as a junior systems analyst intern for CNT Infotech on a master data management project to implement the migration and integration of around 1.2 million electronic health records (EHRs) for Mount Sinai Health System/Hospital. She later worked as a graduate research assistant on a data analytics and visualization project to investigate abnormalities in data at Rutgers University. She has completed her Masters in Information Technology from Rutgers Business School and has a Computer Engineering Degree an undergrad and is currently pursuing her Executive MBA in Project Management. She has worked on various academic projects which involved Data Visualization, Data Analysis and Mining Tasks, Business Intelligence, Database Management, Object-Oriented Software Engineering, Web Engineering, Market Research, and Project Management. She has earned positive feedback from the clients, her project managers, and her co-workers for her commitments, her professionalism, and her ability to work on engagements for some of the largest financial institutions in the world.
Associate-Corporate Banking (CB)- SME-KYC/Financial Crime Risk Controls, ICM/TFFI Center of Excellence (CoE) • Investigate client transactional behavior/Account Activity Reviews (AAR) to identify and document transactional outliers against expected client transactional activity behavior, in line with Risk Appetite Statement and relevant KODs/KOPs • Investigate and analyze dynamic alerts output, generated by the firm’s strategic filters & screening tools, to identify matches that require escalation to the line of Business • Document dynamic alert dispositions for hits and prepare summaries of relevant findings and communicate these to Client Sales Managers (CSM)/Account Owners Manage and lead the following initiatives- • Provide training & guidance to the new team members on performing AAR Reviews as per the latest Key Operating Process/KYC Guidelines • Present training modules to stakeholders across multiple global locations involving CSMs, AVPs, VPs across division • Create desktop procedures documents outlining workflows, operational controls & training • Conduct resolution focused meetings to address concerns and stream line decision-making • Provide guidance to the team to ensure correct, structured analysis for deliverables • Manage weekly global reports circulation as well as workspace allocation to optimize team collaboration and operational efficiency. • Perform 4-Eyes Reviews of team output – Ensure correct, clear and structured analysis & documentation of team deliverables for management, internal & external stakeholders & audit • Identify and implement process improvements and documentation • Lead local or global initiatives or projects in close collaboration with Team Leads and other stakeholders (Senior Management, Divisional Control Office and Audit)
CRISIL IREVNA US LLC- • Manage & Lead projects for implementation & validation of BSA/AML and OFAC surveillance systems • Communicate with technology & business teams to drive projects through completion • Create technical business requirement for system implementation, risk mitigation & product enhancements • Perform functional testing to validate that model expected results were aligned with actual results • Develop test artifacts like test plan, test case, test log, test data, RACI Matrix, defect management, etc. • Author, optimize & maintain documentation for AML Surveillance & related materials/procedures
• Provide Project Management guidance for scheduling, accountability and Project Quality Assurance • Communicate with technology teams & the business to drive projects through completion. • Manage, Analyze & report complex financial data with FinCEN and AML/BSA requirements • Collaborate with cross-functional team & SMEs to identify enhancements in AML surveillance systems • Monitor and review OFAC screening results to be compliant with OFAC regulation and procedure. • Identify findings & provide recommendations for improving financial database controls & methodologies • Author, optimize & maintain documentation for AML Surveillance & related materials/procedures.
Automated Transaction Monitoring Software System Implementation Model •Perform ad hoc data analysis, data mapping, data quality analysis & detect completeness & accuracy of data • Create technical business requirements , develop SQL queries, perform data extraction, transformation & loading(ETL) for model analysis BSA/AML KYC Data Reconciliation, Onboarding, Sanction Screening & Product Validation •Perform CDD by reviewing onboarding materials for customers & investors •Develop test artifacts like test plan, cases, logs, RACI Matrix, defect management,& provide SME on model for optimization, CRS & work with stakeholders to plan solutions AML Model Documentation, Performance & Validation •Utilize data analytics, perform testing to gather insights of underlying transactional activity & behavioral patterns & provide recommendation by assessing current practices v/s regulatory expectations Internal Audit & Independent Validations •NACHA o Perform audit on ACH process & controls to ensure compliances with NACHA guidelines o Perform evaluation & testing of design & operating effectiveness of internal controls o Review previous audit &/or regulatory exams to determine if recommendations were adequately addressed & Identify findings for improving controls & operations •NY DFS 504 o Perform readiness assessment for New York State Department of Financial Services Regulation 504 o Document gaps related to transaction monitoring & sanction’s filtering & validated risk mitigation efforts & Evaluate adequacy of internal control & governance framework •BSA/AML & OFAC- Independent Testing & validation o Perform independent testing to ensure compliances with BSA/AML Requirements & Regulations o Interview key personnel to verify each process fulfills management’s intent o Verify process for CIP, risk rating, record retention, sanctions review & case disposition management o Identify findings & provide recommendations for improving controls & operations
• Working on a data analytics and visualization project under supervision of Dr. Miklos Vasarhelyi, KPMG Distinguished Professor of Accounting Information Systems. • Executing audit data analytics to identify errors, patterns and risks in business processes and transactions • Utilizing using Tableau, R and Excel to analyze and visualize for auditing the data • Generating reports in the form of data visualization highlighting the data anomalies • Providing management with evidences to address improvements in audit processes • Developing solutions to enhance audit quality and effectiveness to improve client service