Karan Chavan

About Karan Chavan

At Citibank, my focus as a senior Manager centers on the meticulous oversight of financial transactions to ensure regulatory compliance. Mastering the intricacies of transaction monitoring and anti-money laundering protocols, my contributions bolster the integrity of our financial systems. The team and I navigate complex compliance landscapes with a keen analytical approach, upholding the highest standards of due diligence. Our collective efforts in combating financial crime reflect a shared commitment to operational excellence and ethical business practices.

Experience

1. Senior Manager

   Citi

   Nov 2024 — Present · Mumbai, IN

   Routing Routed SWIFT instructions to relevant teams based on expertise, ensuring timely release of time-sensitive transactions and trades. Captured Trade Contract Notes and Memos, ensuring all trades were matched and confirmations were dispatched promptly. Presented monthly updates to management, providing insights on key performance metrics and ongoing projects. Monitored trade cancellations and executed necessary reversals, adhering to operational procedures. Researched and investigated payments referred to Sanctions Compliance for in-depth review, utilizing knowledge of sanctions and anti-corruption compliance. Collaborated with the Technology Team to streamline processes, implementing automation solutions to improve efficiency. Communicated with global financial institutions and corporate clients via SWIFT, email, and phone to resolve investigations in a timely manner, ensuring high customer satisfaction. Managed a team of 6 members, providing leadership, guidance, and support to ensure performance goals were met. Maintained detailed documentation and process manuals, ensuring adherence to regulatory changes and continuous process improvements. Evaluated and maintained the Exceptions Report to avoid missed transactions, conducting stress tests to ensure system integration and collaborating with IT and stakeholders to resolve issues.

Education

• ICFAI Business School

  Master of Business Administration - MBA, Investment Management

• Annasaheb Vartak College of Arts Kedarnath Malhotra College of Commerce and E S Andrades College of Science Vasai Road Dist Thane 401 202

  Bachelor of Commerce - BCom, Business/Commerce, General