Ashish Agarwal Email & Phone Number

Gurugram, Hr, In

Gurugram, Haryana, India

❖ Executed regulatory liaisoning responsibilities, including coordinating with regulators to navigate complex compliance requirements and provide updates,❖ Ensure compliance risks are within organizational appetite, timely escalation and update to shareholders/ management,❖ Strengthened organizational compliance by assessing existing practices, identifying gaps, and implementing corrective measures to enhance regulatory adherence,❖ Performed comprehensive compliance reviews focusing on regulatory adherence and financial crime prevention,❖ Anti-Money Laundry (AML) Compliances including PMLA rules/Act, Alert monitoring & Suspicious transaction reporting,❖ Implemented and managed Anti-Fraud, Anti-Bribery & Corruption, and Gift & Hospitality guidelines, streamlining processes for enhanced organizational integrity,❖ Developed & delivered comprehensive training programs to enhance awareness and understanding of financial crime risk management across the organization,❖ Compliance & Finance crime risk evaluation and advisory services for new projects and initiatives, ensuring alignment with regulatory requirements and mitigating potential risks,❖ Systematically analyzed and updated red flag indicators for fraud, introducing new parameters to strengthen the organization’s fraud prevention framework

Gurgaon, Haryana, India

❖ Handling team of professionals to drive compliance culture within organization❖ Engage with 1st Line of Defense (LOD) to improve compliance culture❖ Implement Compliance risk framework❖ Identification, assessment and mitigation of operational risks to enhance organizational resilience and drive compliance with regulatory standards❖ Ensured compliance risks are within organizational appetite at all times, timely escalation and update to shareholders/ management ❖ Handled IRDAI audit/Inspection – Active support for inspection and effective closure ❖ Business advisory – evaluate challenges in new projects/initiative taken by function and share compliant solution❖ Regulatory Interactions, Worked as a bridge between regulator and Company ❖ Worked closely with key stakeholders across multiple domains❖ Regulatory updates and ensure implementation❖ Risk based compliance review/audit of various functions/processes ❖ Anti-Money Laundry (AML) Compliances ❖ Compliance view on various processes and regulatory reporting❖ Organized compliance programs to educate staff on recent and already existing compliance requirements❖ Built high performing teams that excel in delivering business value with high morale❖ Extended support in Compliance Committee Meetings

Mumbai Area, India

❖ Set a team for Sales Compliance at PAN India level and AML for Corporate office❖ Anti Money Laundry Compliance❖ Training on Anti Bribery and Anti Corruption (Foreign Corrupt Practices) guidelines to Employees at different verticals, Distribution partners, vendors❖ Actively participated in Governance committee compliance meeting – investigate alleged violation of rules, regulations, policies, procedures and company standards❖ Investigation of Customer complaints, Internal Fraud & Forgery, Fraudulent Death Claims, Cash Mishandling, Documents fabrication etc.❖ Actively participated in Protection of policyholder sub-committee meeting - periodically reviews and updates on standards relating to compliance, customer complaints❖ Part of “Internal Complaints Committee” constituted under The Sexual Harassment of Workplace (prevention, prohibition and redressal) Act, 2013❖ Training at PAN India level on company policies & standards, regulatory requirements, AML❖ Life Council, IRDA adhoc requirements❖ Compliance requirement of foreign Partner

Gurgaon, India

❖ Regulatory audit/Inspection – Actively handled Regulatory Inspection team, provided support to regulatory inspection team and to internal company functions and ensure effective closure of the actionables❖ New Laws and Regulations - Track and publish the regulatory changes and notifications along with action points timely to all functions and ensure timely and effective compliance❖ Regular and Adhoc reports submissions to Authority - Submission of IRDA regular reports (monthly, Quarterly, Half yearly and yearly) and Adhoc requirement within due date after taking function head's sign off and verification❖ Operational Compliance Monitoring - Regulatory gap identification and risk mitigation of Operational processes through Offsite monitoring of various functions/ processes - New Business Process, Non-Financial Transactions Process, Claims Process, Group Operations Process, Financial Transactions Process etc. and monthly update to top Management, Compliance engagement through training and communication, concall etc.❖ Sales Compliances – validation of licenses of CAs and SP/CIEs, Monitor the sales practice issues and complaints of each partner and highlight the concerns to the BABP team and Partners for appropriate action❖ Compliance Risk Management Program/ Enterprise Risk Management – Assessing Compliance Risk within the organization, discuss with Functions head, put action plan and monitor them on consistence basis❖ Advertisement (Sales Material) Review – Review and approve all sales material in line with regulations, Filing to Authority, Maintain Log, Reconciliation, Training to marketing team❖ Written policies & processes review according to IRDA regulations ❖ Quarterly Compliance Certificate❖ Sales Office review and Investigation of customer Complaints

Mumbai Area, India

❖ Review of various functional processes in the line of IRDA regulations/guidelines/circulars/Act❖ Monitoring new regulations/guidelines/circulars from updation to implementation❖ Prepare compliance check points and monitor them within the various functions of the company❖ Quarterly compliance Certificate from various functions❖ Fulfill IRDA requirements as and when asked by IRDA by coordinating with various functions❖ IRDA reporting on monthly, quarterly and annual basis❖ Reporting to parent company

Mumbai Area, India

❖ Preparation of MIS reports to provide feedback to top management❖ Data/ figures analysis and provide details of business to top management

Ca, Ca

Bachelor Of Arts (B.A.), Maths, Economics