Shoma Gumte
Hyderabad,Telangana
Summary
Achievement driven Risk Management and Compliance Manager with 11 years of experience in Banking line. Highly organized and skilled with excellent critical thinking and planning abilities. Passionate and results-driven Training Manager with 6 years of experience developing framework and delivering comprehensive training programs. Adept at leveraging instructional technology to enhance learning outcomes and optimize training delivery. Proven track record in leadership, communication, and problem-solving. Accomplished at identifying deficiencies and initiating solutions for problems.
Overview
11
11
years of professional experience
Work History
Assistant Manager
State Street Corporation
Hyderabad, Telangana
03.2022 - Current
- Responsible for leading the development and implementation of Risk Management and Compliance Programmes for Financial Crimes like Terrorist Financing, Money Laundering, Anti-corruption & bribery, Fraud and Sanctions.
- Providing framework to different teams like Quality control(checker1), Quality assurance(checker 2) and Maker teams related to KYC and Anti money laundering teams.
- Maintain the GAC's policies and procedures and conduct the periodic reviews to ensure all the documents are updated and meeting the set deadlines.
- Owning and managing the mailbox and providing the timely responses and prompt actions.
- Maintaining GAC related list including its approved regulators, registries, sanctions country list of corporate clients like Trust, SPVs,Investment advisors, Banks etc.
- Collaboration with GAC teams and its stakeholders, Corporate L&D communities to co-develop learning solutions by undertaking calls as and when needed.
- Addressing the escalations, issues, concerns if any, with utmost influencing skills.
- Executed a management training program for high performing associates to further skill development.
- Delivered critical training for new processes, company policies, and preparing internal blogs on Financial Crime related developments.
Team Manager
JPMorgan Chase
Hyderabad, Telangana
08.2021 - 02.2022
- Assisted in developing and implementing risk management framework that provided positive result in reduction of operational risk.
- Conducted a comprehensive risk assessment that identified and mitigated key risks within the organization.
- Collaborated with business units to develop and implement policies and procedures to ensure compliance with regulatory requirements.
- Provided guidance and training to juniors on risk management principles and practices. Collaborated with client, business stakeholders to develop and implement controls to address identified risks and ensure compliance with regulatory requirements.
- Prepared executive summaries on business processes and provided recommendations for improvement.
- Developed reports and provides more senior management with metric data for assigned area(s) of responsibility processing and service performance.
Team Leader
State Street Corporation
Hyderabad, Telangana
10.2017 - 08.2021
- On-boarding of clients for listed derivatives by working closely with key business stakeholders, Legal, Compliance, Dodd-Frank, Product & Platform and Technology.
- Coordinate with internal and external stakeholders to ensure risk management objectives are met Verifies all aspects of Client Identification Program (CIP) and necessary account opening documents are provided and in accordance with Know Your Customer (KYC).
- Training Quality Analyst team members on call monitoring and evaluation, assuring that they address all relevant issues within the specified standards Communicated KPIs outlined in annual plan to inform employees of expectations and deliverables. Conducted regular reviews of operations and identified areas for improvement.
- Assisted in recruitment of new team members, hiring highest qualified to build team of top performers.
- Established open and professional relationships with team members to achieve quick resolutions for various issues.
- Built strong relationships with customers through positive attitude and attentive response.
- Monitored team performance and provided constructive feedback to increase productivity and maintain quality standards
Senior Process Executive
Cognizant- UBS
Hyderabad, Telangana
11.2015 - 11.2017
- Trained and worked in UBS Client location in Krakow, Poland for 6 months and successfully transitioned KYC process to India as a team.
- Perform independent check of KYC information provided by Sales/Onboarding team Perform Periodic KYC reviews on risk based schedule Liaison with Compliance Department and the senior management within Business unit supported.
- Knowledgeable of the laws applicable to money laundering including the Bank Secrecy Act, the USA PATRIOT Act, US Treasury AML guidelines, OFAC requirements and Suspicious Activity Reporting requirements.
- Furthermore, this role will identify and escalate any suspicious or unusual matters to AML & Line of Business Compliance for further investigation.
AML Compliance Analyst
HSBC
Hyderabad, Telangana
11.2012 - 11.2015
- Watch list program alert handling and case management (country alerts, sanctions, PEPs) Checking whether the KYC of the customer matches with the KYC of watch list persons from World‑Check.
- Reporting the exact KYC match cases with evidences to the next level Complete analysis of transnational information to identify risk, trends or any unusual patterns Responsible for handling all new alerts, searching and verifying all information through internal and external resources.
- Prepare narratives and summarize results of reviews to support decisions regarding activities analyzed.
- Performs research on potentially unusual or suspicious transactions/activities through analysis of internal systems, AML databases, communication with bank personnel, and open source research.
- Demonstrates proficiency in writing, proactively adapting writing style to meet varying objectives Documents alert research/decision regarding unusualness of the transactions within the monitoring system.
- Adheres to internal policies and investigative and documentation protocols Applies functional and technical knowledge, professional standards and Nov 2012 - Nov 2015 techniques to deliver high quality work
Education
Bachelor of Commerce - Finance And Banking
Osmania University
Hyderabad 03-2008
Skills
- Staff Training and Development
- Interpersonal Communication
- Regulatory Compliance
- Critical Thinking
- Attention to Detail
- Reference Material Sourcing
- Document creation
- Adaptability and Flexibility
- External Communications
- Team Collaboration
- Proofreading
Personal details
Husband Name: Aditya Seshadri
Nationality-Indian
Hobbies- Travelling,Movies and Music
Timeline
Assistant Manager
State Street Corporation
03.2022 - Current
Team Manager
JPMorgan Chase
08.2021 - 02.2022
Team Leader
State Street Corporation
10.2017 - 08.2021
Senior Process Executive
Cognizant- UBS
11.2015 - 11.2017
AML Compliance Analyst
HSBC
11.2012 - 11.2015
Bachelor of Commerce - Finance And Banking
Osmania University