Experience

Foreign Exchange

• 1 - 100 Employee

• Operations and Compliance Lead

  • May 2021 - Present

  • Support daily foreign exchange operations and closely monitor transactions for any suspicious activities in accordance with Regulatory risk and AMLTF regulations. (Payment Sanction Screening, FINTRAC, and internal risk reporting)• Onboarded new clients through the company's CRM platform and conducted the relevant due diligence checks.• Prepare a regular risk profile for client portfolios and keep all client information confidential.• Assess the risk associated with potential customers by conducting various KYC and CDD / EDD checks. Identify red flags and financial crime typologies relevant to the MSB sector. Making decisions to accept or reject client applications based on risk assessments.• Actively participated in a compliance audit conducted by FINTRAC – a regulatory authority (Canada).• Ensure compliance with Payments Canada Clearing rules and regulations as well as international payments systems such as SWIFT, ACH, etc.• Monitor transactions to ensure that they are under strict adherence to the compliance regime and reporting of any unusual or suspicious activity (STR) to the regulatory body.• Checked and updated the markup on the exchange rates in the remittance software, checked the market competitiveness of exchange rates, and set the rates within prescribed limits.• Evaluated fund requirements for the business and coordinated with the accounts department for any shortage/excess of funds for effective utilization of stock.• Supported correspondent communications & relations with financial institutions and ensured that all operational activities are performed as per the agreements.• Detect and investigate discrepancies in correspondent activities and execute reconciliation activities.• Provided ongoing direction, planning, and management of operational areas including EFT payments processing, related exception activity, returned items, prepaid payments, cross-border payments/receipts, and third-party payment activities. Show less

• Payments and Compliance Analyst

  • Jul 2019 - Apr 2021

  • Managed operations and provided customer service for the payments department.• Processed incoming accounts receivable and outgoing accounts payable.• Prepared Bank Reconciliations and reports to support the reconciliation.• Coordinated with the clients to obtain documents (invoices, purchase agreements, investment agreements, etc.,) supporting their foreign exchange transactions.• Investigated any payment discrepancies and reconciled them.• Classified transactions based on the severity of the risk involved. Flagged transactions going to high-risk businesses such as casinos, precious metals, non-profit organizations, etc.• Set up amendments, investigations, and traces of missing international outbound payments. (Wire transfers, electronic fund transfers, etc.,). Communicate with the partnered bank to locate the payments.• Followed up with back-office staff and escalated matters needing any intervention of the senior management. Show less

• Foreign Exchange Trader

  • Apr 2019 - Jun 2019

  • Executed foreign currency transactions for clients.• Advised clients on foreign currency markets and fluctuations.• Maintained knowledge of major commodity markets including crude oil, petroleum and natural gas products, agricultural products, and precious metals.• Oversee and maintain the organization’s foreign currency market position.• Handled the chat option on the company’s website to cater to clients’ needs.• Co-ordinate with the payments and compliance team to answer client queries.• Escalated any client grievance to senior management. Show less



Sita Tractors

• Bangalore, India

• Operations Manager

  • Aug 2016 - Sep 2017

  • Re-modelled or improved operational systems, processes and best practices that guaranteed organizational well-being. • Prepared purchase orders after tracking inventory and performing regular stock checks. • Dispatched sales orders and provided customer service – received and responded to customer feedback. • Trained and supervised operations staff and inspected the quality of work. • Communicated with customers in a professional manner building strong relationships and ongoing business. Show less



EY

• Bengaluru Area, India

• Tax Analyst

  • Jul 2015 - Aug 2016

  • Worked in the Compensation and Benefits team. • Reviewing and Analyzing Employee compensation data. • Indulged in collection and consolidation of Client’s compensation data for Tax and Social Security Compliance. • Worked in the Compensation and Benefits team. • Reviewing and Analyzing Employee compensation data. • Indulged in collection and consolidation of Client’s compensation data for Tax and Social Security Compliance.