Jagruti Parab

About Jagruti Parab

Dynamic Senior Analyst with over 6 years of experience in financial investigations andrisk management, demonstrating a significant impact in combating fraud and moneylaundering. Expertise in utilizing advanced analytical tools and applications tomonitor and assess suspicious activities, ensuring compliance with regulatorystandards. Proficient in coordinating investigations across departments, enhancingoperational efficiency through effective decision-making and problem-solving skills.Committed to continuous improvement in AML processes and quality assurance,fostering a culture of integrity and vigilance within the organization.

Experience

1. Senior Analyst

   Standard Chartered

   Jan 2023 — Present

   Manage cases using Mantas application-Review BAU alerts and analyse leads for potential suspicious activity from manual cases created as spin-offs, detection scenario processes and adverse media reports-Manage investigation process from detection scenarios/manual cases to disposition within timely manner-Analyzing customer\'s transactions for evidence of money laundering, fraud or other illegal activities-Reviewing financial transactions to identify possible instances of money laundering, suspicious activity other criminal activity. Monitoring transactions for signs of fraud or other illicit activity to help detect patterns of suspicious activity that may require further investigation-Reviewing adverse media records to identify unusual activity that might indicate money laundering or other criminal activity. Coordinating with other departments within bank including legal,risk management to resolve issue or concerns identified during investigations-Formulate and recommended responses to suspicious findings and filing investigation report.Reports such activity to the appropriate regulatory authorities. Support managers and team lead members in conducting AML investigations-Work with team members to determine whether to close cases, escalate findings to ACT team for filing Suspicious Activity report (SAR)-Maintaining records of investigation cases and publish weekly MIS of closed and follow up cases.

Education

• N G acharya and D K marathe college

  Bachelor of management studies