Ajay Duvvi
Summary
Seasoned banking professional holding expertise in reviewing financial documents and digital records. Effective at directing, monitoring and inspiring team members to complete accurate and timely investigations and reports. Talented in training employees, solving complex problems and making sound decisions.
Overview
8
8
years of professional experience
Work History
Business Process Lead, Assistant manager
TATA CONSULTANCY SERVICES (TCS)
11.2021 - Current
- Role and been part of the United States Prestigious banking and financial institution AML Transaction Monitoring team
- Conducted Transaction Monitoring on the customer RBWM accounts and escalated potential Money laundering cases to the onshore team
- Also been part of the Credit cards Disputes Team which helped in gaining exposure in the Payments Processing domain as well.
- Mentored and guided employees to foster proper completion of assigned duties.
- Adjusted end-to-end KYC process needs to align with workforce capabilities.
- Analyzed and investigated clients to conduct detailed customer due diligence and enhanced due diligence review.
- Educated staff on anti-money laundering and financial crimes to escalate concerns to senior members of PSR team.
Subject matter expert
Cognizant Technology Solutions, CTS
08.2020 - 08.2021
- (SME) for one of the well renowned U.S Bank project, handled AML concerns and fought against financial crime
- Closely worked with the management on team members daily targets analytics and gained operational exposure regarding the project which I worked.
- Identified threats, vulnerabilities and suspicious behavior patterns to recommend mitigation measures.
- Communicated with compliance manager to thwart potential money laundering or terrorist financing.
- Educated staff on anti-money laundering and financial crimes to escalate concerns to senior members of PSR team.
- Performed periodic reviews and reports on merchants to comply with rules, regulations and KYC requirements.
Deloitte Touche Tohmatsu India LLP
07.2019 - 12.2019
- Been part of the Corporate Finance team and handled the “Insolvency project” for the well renowned multi conglomerate
- Done Audit on one of the Central Govt
- Prestigious project (PMKY) with desired quality and delivered the work within the stipulated deadlines
- Travelled domestically to different places and worked with clients on the Potential cybercrime email reviews and other financial advisory teams.
HSBC
02.2014 - 07.2019
- To perform AML Transaction monitoring on overall customer profile, minimize risks of exposure & loss and attainment of strategic & operating objectives
- To maintain the bank’s internal control standards, implement and observe Group Compliance Policy and maintain awareness of operational risk and minimize the likelihood of it occurring
- To conduct monitoring, investigation, reporting, prevention and analysis of financial crime activities and verification of KYC Remediation as per the internal norms as well as specified by the regulators
- Risk based profiling of customers as High, Medium and Low Risk, Remediation of High Risk customers and Performing Enhanced Due Diligence for High Risk Customers and Compliance Risk assessment
- Conducting Enhanced Due Diligence and reporting the possible Terrorist financing and money Laundering issues
- Narrative writing which will be the basis for the SAR (suspicious activity Report) filed with the FIU
- Academic Credentials
Education
B. Tech - CSE
VITS College of Engineering
2012
Intermediate -
Narayana Junior College
2008
SSC -
Kotak Salesian School
2006
Skills
- IT Skill set
- MS-Word, MS-PowerPoint, MS-Excel, MS-Access
- Financial Due Diligence
- Team Oriented with good communication and management Skills
- Transaction Monitoring
- Customer Risk
- Conducting Financial Assessments
- Financial Crimes Investigations
- Anti Money Laundering (AML)
Accomplishments
- Supervised team of 06 staff members.
- Achieved Top Performer awards and Team of the Quarter
- Been instrumental in deploying smoothly the Level 2 AML Investigations and successfully coordinated with the Onshore team.
Timeline
Business Process Lead, Assistant manager
TATA CONSULTANCY SERVICES (TCS)
11.2021 - Current
Subject matter expert
Cognizant Technology Solutions, CTS
08.2020 - 08.2021
Deloitte Touche Tohmatsu India LLP
07.2019 - 12.2019
HSBC
02.2014 - 07.2019
B. Tech - CSE
VITS College of Engineering
Intermediate -
Narayana Junior College
SSC -
Kotak Salesian School
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