Ashutosh Mayank

About Ashutosh Mayank

AML RightSource has provided a platform to contribute to combating financial crimes as a…

Experience

1. Senior Analyst

   AML RightSource

   Oct 2024 — Present · Gurugram, IN

   Investigated high-risk accounts within the Compliance team to identify potential financial crime risks- Managed multiple High Risk ECDD workflows as part of the Transaction Monitoring process to detect and investigate suspicious activities- Utilized SQL queries to track fund sources and transactions, analyzing frequently transacted counterparties for risk assessment and mitigation- Researched NPO accounts, including verification of Department of Corrections and SOS records for company status, and conducting IRS research to validate exemptions under religious organizations and Form 990 status- Conducted comprehensive reviews of alerted accounts to identify associated risks and adversities, ensuring thorough analysis and risk mitigation- Stayed updated on money laundering and terrorist financing behaviors, regulations, and industry best practices to efficiently identify and monitor suspicious activities and transactions- Effectively managed and worked on cases from the designated queue using internal tools for efficient identification and monitoring of potential financial crime activities- Utilized various tools and internal resources to conduct comprehensive research and investigations while efficiently managing the designated cases- Leveraged internal tools to validate bitcoin-related transactions and activities for potential financial crime risks- Supported and supervised a team of Associate Analysts in handling financial crime activities and transactions- Conducted comprehensive risk advisory and due diligence assessments, identifying potential compliance issues and providing actionable recommendations to mitigate risk.