Rakshita Deshmukh
Indore
Summary
Driven professional with a proven track record in AML investigations, risk assessments, and compliance. Proficient in detecting and reporting suspicious activities, fraud, and money laundering. Expertise in enhanced due diligence and monitoring high-risk transactions. Strong analytical skills, deep understanding of global AML guidelines, and excellent communication. MBA in Finance and Marketing with a solid foundation in financial management.
Overview
8
8
years of professional experience
Work History
Senior AML Analyst 1
AMLRS
02.2023 - 09.2023
- Implemented an enhanced monitoring system for high-risk transactions, resulting in earlier detection and response to potential money laundering threats.
- Provided expert guidance on AML regulations during internal audits, contributing to a reduction in audit findings related to noncompliance.
- Spearheaded the integration of new regulatory requirements into existing AML workflows, ensuring ongoing compliance with changing rules and regulations.
- Collaborated with legal advisors to ensure all AML program elements were compliant with applicable laws and regulations.
Senior Fincrime Analyst
Teleperformance India
05.2022 - 01.2023
- Screened clients, monitored PEPs, and identified ATO, New Account Fraud, and Friendly Fraud.
- Filed SARs and identified AML risk factors.
- Conducted enhanced due diligence and adverse media checks.
- Screened for EU, UN, and OFAC sanctions.
- Made decisions on account onboarding/offboarding.
- Verified sources of funds and checked cryptocurrency/gambling limitations.
AML Analyst
Taskus
12.2019 - 05.2022
- Conducted enhanced due diligence (EDD) to verify sources of funds.
- Screened transaction history, KYC checks, and cryptocurrency activities.
- Identified and assessed AML risk factors in financial transactions.
- Monitored high-risk accounts and performed adverse media checks.
- Screened clients against global sanctions lists (EU, UN, OFAC).
- Filed SARs for suspicious activities related to fund sources.
- Ensured compliance with AML regulations and internal policies.
Fincrime Anlyst
Teleperformance
12.2017 - 06.2019
- Experienced in detecting and preventing financial crimes, conducting enhanced due diligence (EDD), verifying sources of funds, and monitoring high-risk accounts.
- Skilled in transaction history screening, KYC checks, and cryptocurrency activities.
- Proficient in filing SARs, performing adverse media checks, and screening clients against global sanctions lists (EU, UN, OFAC).
- Adept at identifying and assessing AML risk factors and ensuring compliance with AML regulations.
Operations Executive
Aegis
05.2016 - 02.2017
- Perform various operations related tasks.
- Verify customer accounts.
- Process transactions. Ensure compliance with regulations.
Operations Executive
BNY Mellon
04.2015 - 11.2015
- Process manual dealing requests for UK Fund management companies.
- Meet timelines for fund pricing.
- Report high-value and suspicious dealings.
- Deal with transfer in transfer out letters.
- Create and maintain investor accounts.
Education
MBA - Finance
CH Institute of Management And Commerce
Indore 08.2015
BBA - Finance
Shri Vaishnav Institute of Management And Commerce
Indore09.2012
Skills
- Enhanced Due Diligence
- Suspicious Activity Reporting
- Transaction monitoring
- Customer Due Diligence
- Suspicious Transaction Monitoring
- RCA
- Data Validation
- Teamwork and Leadership
Timeline
Senior AML Analyst 1
AMLRS
02.2023 - 09.2023
Senior Fincrime Analyst
Teleperformance India
05.2022 - 01.2023
AML Analyst
Taskus
12.2019 - 05.2022
Fincrime Anlyst
Teleperformance
12.2017 - 06.2019
Operations Executive
Aegis
05.2016 - 02.2017
Operations Executive
BNY Mellon
04.2015 - 11.2015
MBA - Finance
CH Institute of Management And Commerce
BBA - Finance
Shri Vaishnav Institute of Management And Commerce
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