Sajid Bhat Email & Phone Number

Bengaluru, Ka, In

Bangalore, Karnataka, In

-Responsible for developing and implementing anti-money laundering (AML) and know your customer (KYC) policies tailored to the specific risks associated with the fintech firm's operations. These policies comply with relevant regulatory requirements and industry best practices.-Responsible for building processes around Global Sanction screening of Merchants and respective BOs-Responsible for reviewing the existing SOP and identifying gaps in the current process.-Responsible for creating a framework for regulatory reporting (STR, CBWTR, SAR)-Conducting periodic risk assessments to identify and evaluate the money laundering and terrorist financing risks associated with the fintech firm's products, services, customers, and geographic locations. This includes assessing the risk of new technologies and innovative products introduced by the firm.-Overseeing the company's compliance with AML regulations and internal policies. This involves monitoring transactions, customer activities, and internal controls to detect and prevent suspicious activities-Establishing and maintaining robust internal controls and monitoring systems to detect and prevent money laundering activities. This includes implementing transaction monitoring systems, customer due diligence procedures (CDD), and ongoing reviews of compliance processes (EDD). -Providing AML training and awareness programs to employees to ensure they understand their AML obligations and can recognise and report suspicious activities effectively.-Conducting periodic audits and reviews of the firm's AML program to assess its effectiveness and identify areas for improvement. This may involve engaging external auditors or consultants to perform independent reviews of the AML controls and processes.

Bangalore, Karnataka, In

Bangalore, Karnataka, In

-Handle a team of 18 direct reports across multiple verticals of Risk and compliance like AML/Sanctions Screenings and Transaction monitoring-As AML/Sanctions manager, responsible for underlying clear instructions, goals, and metrics to the team for ongoing merchant level and BO level Screenings- Ensure/impose a course of action on True hits for AML/sanctions Screenings -- PEP/EDD/GWL etc- Report STRs and NTRs to FIU (Financial Intelligence Unit, India) as a part of Regulatory Reporting- Design metrics for the Transactions Monitoring team and ensure goals are aligned with the Organisational goals- Helped the Product and Engineering team to Build in-house Transaction Monitoring Tool -Ensuring SOPs /Policies are in place for Each function within the Team-Ensuring Teams performance is met both in productivity and Quality-Ensuring Quality Assurance and Quality report/MIS for the team is send to Senior management on a periodic Basis-Ensuring regular refresher sessions and upskilling of Direct reports-Ensuring regular feedback is given to team members through 1-1 sessions

Bangalore, Karnataka, In

Merchant Risk - Transaction Risk Monitoring, FRAUD Detection, Due- Diligence-Responsible for Holistic Investigations of Merchant Level and transactions Level Risk -Enforce merchants that are identified as BAD Actors. This helps in safeguarding Cashfree from potential Bad debt- As a part of the Transactions monitoring review highlight new anomalies to senior management and Develop logics and reports for the Transaction Monitoring team in order to identify fraud customers/merchants.

Seattle, Wa, Us

FRAUD Detection, Due- Diligence, Merchant Hygiene, and portfolio review.-Responsible for Merchant Risk analysis-Due diligence of Merchants, KYC /EDD, Abuse prevention-Identify Account compromise instances -Identify Fraud patterns and anomalies as a part of regular Transactions Monitoring review -Action against Fraudulent merchants to save Amazon from potential Bad-Debt - Identify and enforce Ring of Accounts that may lead to a Negative balance and turn out to be a Bad debt for the Company

Mumbai, Maharashtra, In

SAP-- CRM / C4C, Database managementResponsible for using multiple SAP Tactical tools to Handle Campaign DatabaseAs a backup Team Lead, responsible for work allocation as per required skills for tenured folksHandling Escalations for the team and lend support in preparing RCAs

Master Of Business Administration - Mba, Business Administration, Management And Operations

Bachelor Of Commerce (Bcom), Accounting And Finance