Prasoon Sharma

About Prasoon Sharma

Experienced financial crime and compliance professional with 8 years of expertise in KYC,…

Experience

1. Process Expert

   Barclays

   Mar 2023 — Present · Noida, IN

   Conducted detailed investigations of suspicious transactions and activities to identify potential money laundering or terrorist financing risks. Analyzed transactional data and customer profiles to detect patterns, trends, and anomalies indicative of illicit activity. Conducted customer due diligence (CDD) and enhanced due diligence (EDD) reviews to assess customer risk levels and verify customer identities. Participated in regulatory examinations and audits by providing documentation and supporting evidence of AML compliance efforts. Processed and facilitated the smooth opening of accounts for various types of entities like Limited companies, sole traders, and Partnerships etc. Conducted through KYC reviews on new and existing clients, ensuring compliance with regulatory checks. Reviewing Compliance and Ownership reports of the businesses to verify directors, UBO\'s and to know the Ownership Structure of the businesses. Actively engaged with Relationship Managers to promote a reduction in account opening time. Drive performance by providing feedback to Operational Managers and individuals on performance against quality objectives and targets. Responded to escalations and resolved KYC-related issues promptly, providing solutions that align with the company’s policies, thereby improving stakeholder satisfaction. Performed in-depth KYC checks and AML reviews for high-risk clients, ensuring regulatory compliance and mitigating potential risks. Prepared and submitted SARs (Suspicious Activity Reports) to regulatory authorities. Conducted thorough investigations to identify and report suspicious activities related to money laundering.

Education

• IIMT ENGINEERING COLLEGE, MEERUT

  BCA - Bachelor of Computer Application

  2011 — 2014