Abhishay Gupta

• Approved compliance and MLRO officer of few CAT 3C, and CAT 4 licensed Firms in the DFSA
• Interacting with the DFSA and client to manage applicable AML and regulatory compliance requirements
• Managing existing client relationships and converting prospects to client (including DNFBP clients)
• Working closely with CEO & Founder to explore new business opportunity like corporate tax, expansion etc.

• Handled IIROC related regulatory matter pertaining to the cash management, settlement and securities
transfer desks and monitored work performed by the respective teams
• Interacted with the business, compliance and AML team to resolve their queries and filed various regulatory
reports as per the regulatory requirements of the FIU and IIROC
• Single point of contact for AML policy updates pertaining to cash/fund transactions and reporting to the FIU
• Provided training to the business team and new joiner on AML, pertaining to payment/security transactions

• Understood the OSFI/FINTRAC regulatory requirement applicable to the Scheduled II bank in Canada and assisted the finance team in process automation for filing of regulatory report to the OSFI, the banking regulator

• Worked closely with the finance team of the company on preparing the management report for presentment to the board

• Interacted with the IT and business team and suggested improvement on regulatory reporting procedures

• Served as authorized Compliance / MLRO of the Company and interacted with the DFSA independently
• Identified/reviewed applicable regulatory requirements and strengthen the compliance and AML function by
introducing the policies and procedures adopting risk based approach
• Point of contact for regulatory and internal queries related to regulatory and AML compliance
• Prepared an Annual Compliance Plan with the objective to mitigating compliance risk
• Conducted the AML, KYC review and onboarded clients and business partners
• Imparted training on AML and new regulations to existing and new employees including senior management
• Implemented procedures and control for marketing of funds and educated the business team on CIR rules

Acquaintance:
1. FINRA( USA) regulations pertaining to Broker Dealer business activities
2. MAS ( Singapore) regulations pertaining to Dealing in Securities business activities
3. SFA (Hong-Kong) regulations pertaining to Dealing and advising on Securities business activity
4. CMA (Sultanate of Oman) regulations pertaining to Marketing of Non Omani securities business activities.
5. SEBI, NSE and BSE (India) regulations for stock broking business activity
6. In depth knowledge of AML and CFT Act
7. Over 11 and half years of total working experience as of 2012
8. Over 8 years of Compliance and internal audit related experience ¬

Profile Handled:
1. Compliance
2. Internal Audit
3. Operation Risk Evaluation
4. Process Audit
5. Sox Audit
6. ISO Audit
7. Banking Operation
8. Legal Work
9. Accounting Work

At ICICI Group: ICICI Securities, Oman as Compliance Officer and Internal Audit Manager: (from October 2008 to till date)

 Formulated processes being the first Compliance officer of the Company
 Ensure acquiescence with compliance standards and regulatory requirement. Presented the firm in communication and interaction with regulatory bodies and maintain cordial relationship with them
 Identify business & compliance risks from every business line and manage them by providing training, advice, testing and monitoring
 Recommend investment product for marketing and check availability of document
 Establish and ensure compliance with AML policies & procedures
 Audit of internal procedures and practices to ensure compliance with group and regulatory requirements
 Impart compliance training and responsible for updating employees and line managers on compliance related matters `
 Submission of reports with local regulator and corporate office in India

ICICI Group: ICICI Securities Inc. (New York & Singapore)
 Implement, execute and monitoring of compliance program for FINRA- SIPC registered broker dealer in accordance with FINRA, SEC rules for US office and dealing in securities business as per MAS & ACRA for Singapore office
 Adopted risk based approach to ensure strict compliance with regulations
 Stay abreast of changing regulatory environment to ensure current and accurate compliance procedure
ICICI Group: ICICI Securities Ltd Non Hong Kong Company (Hong Kong)
 Interaction with legal counselor of Hong Kong, Head office in India and Substantial Shareholder of the Company to establish new branch office
 Monitoring of compliance activity for non Hong Kong Company

Work Profile Handled:

 Review of Company’s policies & accounting procedure and develop risk based audit approach for all the divisions. Company use Oracle based software for book keeping.
 Annual Inventory reconciliation and coordination with Statutory Auditor, PWC.
 Lead audit team during surprise audit & interior location’s surprise visit.
 Planning, conducting & finalizing regular Financial Audit & Process Audit of all the divisions and recommending process improvements to the management.
 Preparation of MIS on regular basis and to attend meeting with the Head of Audit (Director) once in a month.
 Conduct & finalize ISO Audit of all the divisions.

At ICICI Group: ICICI Bank Limited (From Oct, 2004 to Sep, 2007) in Delhi (India)

As an Audit Manager/ Process Manager:

 Conductance of SOX walkthrough on monthly & half yearly basis for all the processes and coordination with E & Y external auditor
 Conductance of quality audit e.g. SIX SIGMA checks
 Ensure compliance & legal requirement for all the processes of Account Opening, Web Trade Accounts, Cash Credit Accounts, ICICI Bank Cheque, Branch Expenses, ATM Cash Envelopes and Salary processing
 Keep suggesting the area of improvement through developing and executing a risk-based sampling & testing approach of audit

As Operation Manager:

 Handled the team of Salary & Branch Expense Unit
 Handled ATM envelop/cash deposits
 Handled the team of Document Verification Unit and Digitization Unit
 Vendor management of Account Opening Team and ATM Machine vendor
 Rejection handling of account opening forms
 Coordination with all Northern Region Branches
 Coordination with Internal Audit Team and Concurrent Auditor of Bank