1. Curriculum Vitaè
CA Sachindra Kumar Rai
E-mail: ca.sachindra@gmail.com
Phone (India) : + 91.9833293051
Career summary
Chief Compliance Officer and Certified Banking Compliance Professional with more than 12
years of experience. The array of experience enriched with overseeing overall compliance
function of foreign banks, corporate governance in banks, implementation of Risk Based
Supervision, liasioning with regulatory authorities, framing policies and procedures,
compliance monitoring and resting, imparting on various compliance related topics,
implementation AML/KYC guidelines, sanction monitoring, forensic investigations, risk based
internal audits of almost all verticals of banking etc.
Qualification and skills
 Fellow (FCA) The Institute of Chartered Accountants of India (India) 2003
 CISA (Certified Information System Auditor) from ISACA, USA
2008
 Certified Banking Compliance Professional from Indian Institute of
Banking and Finance (India) 2014
 CAIIB, Indian Institute of Banking and Finance (India) 2007
 Diploma in Treasury and Risk Management from IIBF (India) 2015
 Certificate in Derivatives, The Institute of Chartered Accountants of India 2014
 Certificate course on “Forensic Accounting and Fraud Investigation” from The
Institute of Chartered Accountants of India 2012
 Certificate in IT Security Indian Institute of Banking and Finance (India) 2014
 Certificate in AML-KYC, Indian Institute of Banking and Finance (India) 2007
 B.Com. Deen Dayal Upadhyay University, Gorakhpur (India) 1998
Key skills
 Handling overall compliance function of a foreign bank’s India operation.
 Liasoning with regulatory authorities.

2.  Implementation of Risk Based Supervision.
 Compliance monitoring and testing.
 Profound knowledge of law and regulations governing banking industries in India
including RBI guidelines, FEMA guidelines, FIU reporting requirement, PMLA Act
2002, IBA guidelines.
 Regulatory Reporting of CTR, STR,NTR, CCR and CBWTR to FIU
 Risk Based Supervision Implementation
 Hand on experience of Risk Based Internal Audit of various area of banking.
 Hand on experience of conducting fraud/forensic investigations.
 Management of implementation of local laws and regulations.
 Thorough knowledge and experience of measures taken under extant Anti-Money
Laundering guidelines.
 Sanction monitoring, sanction imposed by OFAC, EU, UNO and country specific
sanctions
 Transaction monitoring with regard to assessing money-laundering risk of customers
based on the alerts generated by transaction monitoring software.
 Establishing various compliance related policy & procedures and vetting of policies and
procedure of other verticals.
 Impart trainings on various compliance related issues including, AML & CFT, KYC
documentation standards, Fraud Prevention, Anti-Bribery Laws, Economic Sanctions
etc.
 Demonstrate unique ability in the organization and management of complex projects
delivering results on time
 Participated in “Train the Trainer” seminar conducted by ICAI.
 IT skills to conduct/ support information system audit.
 Ability to perform consistently in a varied environment.
 Advance use of MS office and internet applications.
 Language proficiency English and Hindi
Career History:
Head of Compliance/SM
 The Bank of Nova Scotia Aug 2015 till present
Scotiabank is proud to maintain a strong presence in India with branches in in
India Mumbai, New Delhi and Bengaluru. The bank also operates in bullion
trading through its units called ScotiaMocatta. The bank offers a broad range of

3. corporate, commercial, trade and correspondent banking services, along with
some retail banking products.
Key Responsibilities
 To have an oversight and managing overall compliance function of the Bank’s India
operation.
 Ensuring governance at Apex level by conducting and participating in apex level
meetings.
 Implementation of Risk Based Supervision and its onsite inspection under section 35 of
BR Act.
 Compliance testing and monitoring
 Liasioning with regulatory authorities.
 Business advisory on various compliance related issues (trade, treasury and FEMA
related matters)
 Vetting policies and procedures
 Educating/ imparting training on various issues.
 Ensuring AML Compliance including KYC policy, transaction monitoring and sanction
compliance.
 Overseeing regulatory reporting.
 Implementation of local laws and regulations along with global applicable laws and
regulations.
Vice President/ Manager: Compliance
 The Bank of Tokyo Mitsubishi UFJ, Limited Apr 2009 to Jul 2015
Bank of Tokyo-Mitsubishi UFJ Ltd. an entity of MUFG group, it has five branches in
India. The bank is mainly into corporate banking. Principal Office of the bank for India
operations is situated at Mumbai. Chief Compliance Officer is heading overall
compliance function of the bank’s India Operations and functions as the nodal point to
the Indian local authorities and Tokyo Head Office.
Reporting to Chief Compliance Officer at Principal Office and oversee the compliance
function for bank’s India operations.
Key Responsibilities
 Managing overall compliance function of Indian operation of the Bank.
 Managing regulatory inspections and examinations and compliance to findings of RBI

4. during Annual Financial Inspection.
 Implementation of Risk Based Supervision
 Laying down KYC policy for India Operations
 Implementation of AML/KYC guidelines and Sanction monitoring including sanction
imposed by OFAC, EU, UNO and country specific sanctions
 Conducting Compliance testing based on controls prescribed under RBI circulars.
 Implementation of IBA recommendations on alert generation scenarios as part of
transaction monitoring System.
 Special matter such as Fraud Investigations, Anti-Money Laundering Activities in the
bank
 Business advisory on various compliance related issues (trade, treasury and FEMA
related matters)
 Establishment/ updation of various policies and procedures.
 Review and vetting of various policies and procedures of other verticals.
 Regulatory reporting (CTR/CCR/NTR/STR/CBWTR etc.)
 Preparing background materials to be used for imparting trainings.
 Educate and provide trainings to branch staff on various Compliance matters.
 To check and monitor the RBI regulations /circulars and make recommendation if
necessary to improve the bank’s compliance.
 Liaison among branches, CCO, Asia Compliance Office and Global Compliance
Division
Manager: Internal Audit & Compliance
 HDFC Bank Ltd. Nov 2007 – Mar 2009
Internal Audit & Compliance
HDFC Bank was incorporated in August 1994, and, currently has a nationwide network
of more than 2000 Branches and 2500 ATM's in 400 Indian towns and cities. HDFC
Bank's Corporate Governance Policy has been adopted keeping in mind the importance
of attaining fairness for all stakeholders, as well as achieving organizational efficiency.
The key responsibilities were:
 Formulate risk based audit plan, as per requirement of RBI
 Conduct onsite internal audits of various verticals
 Conduct off-site surveillance
 Conduct AML Compliance Audit
 Conduct information system audits,
 Conduct fraud investigations in various areas such as AML Fraud, corporate

5. banking division, liabilities vertical etc.
 Conduct training for AML Compliance and other regulatory requirements
 Imparting training to the branch staff on various issues.
Dy. Manager Internal Audit
 IndusInd bank ltd. Dec 2005 - Oct 2007
Internal Audit & Compliance
Indusind is leading private sector bank in India. After acquisition of Ashok Leyland
finance IndusInd become a big player in auto loan sector. Apart from strict compliance of
policies, procedures and regulations IndusInd has secured runner-up award for best
technology implementation in 06-07.
The key responsibilities were:
 Formulate risk based audit plan, as per requirement of RBI
 Conduct internal audits of various verticals including vehicle finance division
 Conduct AML Compliance Audit
 Conduct information system audits,
 Conduct fraud investigations in various areas such as AML Fraud, corporate banking
division, liabilities vertical etc.
 Conduct training for AML Compliance and other regulatory requirements
Audit Manager
 B M Chatrath & co. Chartered Accountants May 04 - Nov 05
B M Chatrath & co is a leading chartered accountancy firm having head office in Kolkata
and branches at Delhi, hyderabad and Mumbai.
Responsible for hands-on support for accounting and taxation services executed for the
clients within the office and providing liaison with clients of different types of industries,
execution and supervision of internal audit assignments.
Audit Manager
 Sushil Jeetpuria & Co. Chartered Accountants Oct 03 -
Apr 04
Sushil Jeetpuria & Co. Is a leading chartered accountancy firm providing various types of

6. services and based at Delhi.
I was associated with this firm for an investigation assignment, which spread over the
October 03 to April 04 and was responsible for analysis of data, execution of
assignment, supervision of the team, drafting of report and liaison with clients for
investigation projects.
Personal details:
Date of birth : 31 august 1979
Strength : Inherent Leadership and management skills, Analytical and Adaptive.
Nationality : Indian
Address : 201, Nandadep, Prabhat Colony, Santacruz (E) Mumbai- 400055
CA. Sachindra Kumar Rai

7. services and based at Delhi.
I was associated with this firm for an investigation assignment, which spread over the
October 03 to April 04 and was responsible for analysis of data, execution of
assignment, supervision of the team, drafting of report and liaison with clients for
investigation projects.
Personal details:
Date of birth : 31 august 1979
Strength : Inherent Leadership and management skills, Analytical and Adaptive.
Nationality : Indian
Address : 201, Nandadep, Prabhat Colony, Santacruz (E) Mumbai- 400055
CA. Sachindra Kumar Rai