Summary
Overview
Work History
Education
Skills
Certification
Disclaimer
Languages
Personal Information
Timeline
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ANIL KUMAR POLAVARAPU

Hyderabad

Summary

Dynamic Process Specialist with proven expertise at Cognizant in sanctions screening and KYC processes. Adept at alert management and risk assessment, I excel in team leadership and performance management, driving operational efficiency. Recognized for enhancing compliance measures and fostering strong interpersonal relationships to achieve organizational goals.

Overview

9
9
years of professional experience
1
1
Certification

Work History

Process Specialist

Cognizant
Hyderabad
03.2024 - Current
  • Reviewing system-generated triggers/Alerts that relate to Sanctions/PEP
  • Knowledge of Claim Process and claim management
  • Need to do a thorough check to understand if the triggered individuals/our clients who are using Client services are the same/ Sanctioned to minimize the Money Laundering risks and safeguard Wise from Financial crimes
  • Analysts also need to consider various AML risk factors and indicators to determine if the Trigger/case needs to be escalated/ requires more information from the customer
  • Efficiently Manage alert investigations
  • Understanding the alert type of Sanctions/PEP depending upon the WOC/SDN data
  • Review and investigate Alerts generated by the system and resolve them with various discounting factors as per Sanctions/PEP guidelines
  • Writing a comprehensive analysis of the alert activity to support the decision to resolve a case or RFI with the customer /escalate for further action
  • Contacting customer/Internal support team directly for required information for clearing a case/Trigger
  • Report the investigation findings for internal review (e.g
  • External research results, PEP search, review « analysis, results from internal system searches, etc.)
  • Understanding the day-to-day procedural updates and implementing at dealing with Trigger/Case
  • Communicate effectively with internal and external partners
  • Team Management with a team size of 5-6 team members
  • Facilitate consistency meetings amongst analyst and QC teams to reduce operational conflict
  • Excellent in Preparing EOD Reports & Presenting it, the way it must be
  • Managing the day to day activities of the team
  • Motivating the team to achieve organizational goals Developing and implementing a timeline to achieve targets
  • Handled escalate enquiries and complaints, liaising with onshore client outreach team to achieve resolution and ensuring that the client has been treated fairly throughout the process
  • Conducting one to one sessions to associates as part of performance management activity

Business Process Lead

TCS
Hyderabad
12.2020 - 06.2023
  • Allocation of Tasks to team members
  • Updating the team on the new process updates and training the new team members
  • Responsible for conducting the End to End Know Your Customer (KYC) process for Commercial Banking & Retail Banking processes in line with the requirements of the EU guidelines
  • Perform the remediation for all clients based on their risks (Neutral, Medium & Increased)
  • Performing End to End KYC which includes Identification of UBO's, key controllers, Directors and other related parties, Screening, Identification of Negative media, Transaction Monitoring, identifying the suspicious transactions for all Commercial and Retail Bank Customers
  • Identify the exact business activities of the clients by referring the Chamber of Commerce Business codes and Transaction Reports of the clients for the last 4 years
  • Identify and research the patterns, trends in transactional and customer data to detect, prevent, mitigate and report suspicious activity related to money laundering and terrorist financing
  • Performing the Screening for All Sanctions and PEP & Negative media to identify the risk of the client
  • Perform the remediation for HNI, Trusts, Foundations clients based on their risks
  • Clear understanding of Legal and Tax Structures of US Corporate Entities
  • Review Customer Due Diligence information for accuracy and investigate discrepancies
  • Analyze risks on escalated, referred, or alerted negative news
  • Communicate negative findings to lines of business and supply guidance on course of action

Senior Process Associate

CAPGEMINI
05.2017 - 12.2020
  • Preparing Management information system (MIS) reports
  • PEP Screening, Sanction Checks and Negative news searching using World Check
  • Sending emails both personal and Business Customers in a case of missing KYC information
  • Experience on various screening tools like Bridger and PTMA
  • Ability to handle all type of accounts-Individuals and Corporates with entire documentation
  • Worked for Treasury Management Service auditing the 20 Banking products under Critix Platform using Applications like Check free, IBM Case Manager, SSOA, Rumba Mainframe etc
  • Performed the required KYC screenings on customers documenting the information obtained on the clients as required by global KYC procedures
  • Ensure efficient identification and monitoring of suspicious activities and transactions
  • Auditing and providing constructive feedback to improve the efficiency of the team
  • Prepare Minutes of the Meeting

Service Officer

KOTAK MAHINDRA BANK
01.2016 - 02.2017
  • Handling all the non-financial transaction, like NEFT, RTGS, fund transfer
  • Etc
  • Responsible for performing KYC of all customers
  • Responsible for raising SAR (suspicious activity reports) for all the suspicious transactions across the branch level
  • Custodian of Locker Keys & Branch Keys
  • Building relationship with high net worth individuals
  • Managing the Instant kits effectively
  • Providing quality experience to customers to help retain customers and building goodwill
  • Performed the required KYC screenings on customers documenting the information obtained on the clients as required by global KYC procedures
  • Ensuring compliance with all AML laws, regulations, guidelines, written procedures; OFAC, KYC, customer/transaction monitoring
  • Improved and implemented customer risk rating criteria with KYC management and Procedure

Education

B. Tech -

Jawaharlal Nehru Technological University
Kakinada
06-2013

Intermediate -

Board of Intermediate
AP
04-2009

Skills

  • Sanctions screening
  • KYC processes
  • Alert management
  • Team leadership
  • Performance management
  • Process optimization
  • Risk assessment
  • Problem solving
  • Excellent in maintaining interpersonal relationship
  • Impressive communicator
  • Dynamic leadership qualities
  • Team management skills

Certification

PGDBM from TIMES PRO

Disclaimer

I do here by declare that the particulars of information and facts stated here in above are true, correct and complete to the best of my knowledge and belief.

Languages

  • English
  • Telugu
  • Hindi

Personal Information

  • Father's Name: SANKAR RAO POLAVARAPU
  • Date of Birth: 05/04/92
  • Gender: Male
  • Nationality: Indian
  • Marital Status: Married
  • Religion: Hindu

Timeline

Process Specialist

Cognizant
03.2024 - Current

Business Process Lead

TCS
12.2020 - 06.2023

Senior Process Associate

CAPGEMINI
05.2017 - 12.2020

Service Officer

KOTAK MAHINDRA BANK
01.2016 - 02.2017

B. Tech -

Jawaharlal Nehru Technological University

Intermediate -

Board of Intermediate

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