Samarth Eklaspur, Ica Email & Phone Number

Cork, County Cork, Ireland

• Transaction Monitoring: Perform comprehensive transaction monitoring across all regions (EMEA, APAC, North America, South America, Africa) to ensure compliance and detect any suspicious activity.
• Enhanced Due Diligence (EDD): Implement EDD procedures (2LOD) as necessary for all customers to assess risk levels and ensure regulatory compliance.
• Anti-Money Laundering (AML) Checks: Conduct thorough AML checks on customers, verifying the legitimacy of funds and understanding the purpose of transactions, including the source of funds, intended recipient, and.
• Politically Exposed Person (PEP) and Sanctions Review: Review customer profiles for PEP status and conduct sanctions checks to identify any individuals or transactions associated with sanctioned regions or persons.
• Suspicious Activity Reporting (SAR) Filing: File SARs with relevant government authorities when suspicious behaviour or transactions are identified, ensuring timely reporting and compliance.
• Quality Assurance: Perform quality assurance checks on SARs submitted by team members before submission to government authorities, maintaining accuracy and adherence to regulatory standards.

Bengaluru, Karnataka, India

• Enhanced Due Diligence: Conducted comprehensive enhanced due diligence (EDD) on high-risk clients, including high net worth individuals (HNIs) and politically exposed persons (PEPs), ensuring adherence to regulatory.
• Transaction Monitoring Mastery: Overlooked transaction monitoring for various entity types, particularly correspondent banks, applying sharp attention to detail and regulatory compliance.
• Quality Enhancement: Collaborated with internal stakeholders to address specific cases, offering insights that led to process improvements and heightened operational quality.
• Global Compliance Expertise: Managed transactions originating from diverse countries, spanning low to high-risk categories, while maintaining strict adherence to international compliance standards.
• SAR/STR: Assisted the Compliance team in preparing Suspicious Activity Reports (SARs) or Suspicious Transaction Reports (STRs), providing essential data for subsequent investigations.

Bengaluru, Karnataka, India

• KYC Remediation Excellence: Engaged as a KYC/AML analyst for a prominent American Multinational Investment Bank.
• Comprehensive Entity Reviews: Conducted end-to-end KYC reviews for diverse entities, including Investment managers, financial institutions, Hedge Funds, Banks, Trusts, and Individuals, showcasing thorough compliance.
• Quality Assurance: Ensured the accuracy of client data by executing meticulous quality checks, guaranteeing the precise incorporation of policy-related information into profiles as per regulatory guidelines.
• Effective Team Leadership: Spearheaded multiple projects for European stakeholders, overseeing teams of around 8-9 analysts each. Assigned daily tasks, provided guidance, and improved work quality and efficiency.
• Error trends: Analysed persistent errors within the team, conducting root cause analyses, providing subject matter experts (SMEs) with data for analysis, and facilitating necessary training to rectify error patterns.
• Award Recognition: Consecutively won two awards for achieving 98% quality and being named the best team member for exceptional contribution in Q2of 2020.

Master Of Science - Ms, Finance, 2:2

Bachelor Of Business Administration - Bba, Finance, 2:1

Puc, Science