Shishir Lanke

About Shishir Lanke

As an Investment Banking Intern at SG Analytics, I contributed to the valuation, due…

Experience

1. Deputy Manager - Aml Compliance

   Axis Bank

   Jul 2024 — Present · Mumbai, IN

   Anti Money Laundering : Transaction Monitoring TeamPerforming daily transaction monitoring activities, which include reviewing, analyzing, and investigating potential risks associated with financial crimes such as mule accounts, terrorist financing, sanctions violations, and corruption.Ensuring compliance with Anti-Money Laundering (AML) regulations by identifying and assessing suspicious transactions.Preparing and submitting Suspicious Activity Reports (SARs) to regulatory bodies in a timely and accurate manner.Conducting in-depth investigations into flagged transactions and escalating complex cases to senior analysts for further review.Collaborating with the compliance team to assess potential risks and develop appropriate risk mitigation strategies.Screening customer names and business entities against various news sources to identify any involvement in fraudulent activities, money laundering, terrorism, or corruption.Carefully reviewing potential matches and filtering out false positives by verifying details such as names, locations, and related events.Maintaining comprehensive records of investigations and ensuring documentation aligns with regulatory requirements.Keeping up to date with changes in AML regulations, financial crime trends, and compliance best practices.Assisting in the development and enhancement of transaction monitoring processes to improve accuracy and efficiency