Parth Sarathi

About Parth Sarathi

As Deputy Manager – Account Opening Department • Supervising the KYC verification and checking the account opening forms for any missing/ inaccurate/ fraudulent information; • Managing risk-based monitoring for unusual activity including detection, investigation, suspicious reporting; • Approving new clients through due diligence procedures including the review of KYC documentation, public record research and AML procedures • Conducting due diligence inquiries on individuals, firms and organizations suspected of money laundering crimes and terrorist financing crimes, utilizing research & analysis of public records, commercial databases, global media sources, etc. • Examining, evaluating, reporting, and recommending improvements on the adequacy and effectiveness of management\'s risk management processes (SOX, SOX-IT and SAS 70 (SSAE No. 16), Internal Audits) • Providing Basel-ii consultancy (audit support), implementation and validating models, MTM, Risk Profiling & Risk Mitigants • Managing the implementation of the risk management process; monitoring the process to ensure that it operates effectively in the best interests of the company\'s stakeholders As Asst Manager– Cash Management, Banking Operations • Co-ordinated with internal / external departments for smooth operations as per Know Your Customer (KYC) norms • Liaised with RBI for currency related issues, and with various banks for inward and outward cash remittance • Maintained various daily & weekly reports to apprise management of results and managed ICCOMS reporting • Managed Demand Draft/Pay Order Desk, Cash Counter Desk, and day-to-day financial inter-bank (RTGS/NEFT) and intra-bank (Axis Transfers, Salary Upload) transactions • Adhered to Regulatory Compliance such as RBI, FEMA (mention compliance; e.g; RBI, FEMA, SEBI, FIMMDA, ECM, FEDAI, ROC, & IRDA) for ensuring smooth banking operations • Imparted training to branch staff on fake notes and note adjudication

Experience

1. ICICI Bank

   Aug 2010 — Present · New Delhi, IN

Education

• Indian Institute of Planning and Management

  MBA

  2005 — 2007

• JAMSHEDPUR COOPEATIVE COLLEGE,JAMSHEDPUR

  Bachelor of Commerce (B.Com.)

  1997 — 2001

Skills

• Credit Cards
• Analysis
• Credit Risk
• Auditing
• Corporate Finance
• Mergers
• Retail Banking
• Relationship Management
• Banking
• Credit
• Sox Compliancy
• Derivatives
• Basel Ii
• Financial Analysis
• Internal Audit
• Business Analysis
• Investment Banking
• Enterprise Risk Management
• Corporate Governance
• Due Diligence
• Commercial Banking
• Credit Analysis
• Sarbanes-Oxley Act