Aravind Yanamadala
Assistant Manager - EIR - Financial Crime Investigations
Vijayawada
Summary
Proactive team member striving to enhance organizations through innovative practices in financial crime investigations, applying skills to consistently exceed expectations.
Overview
7
7
years of professional experience
3
3
Languages
Work History
Assistant Manager
Hongkong and Shanghai Banking Corporation Limited
07.2024 - Current
- Supervised day-to-day operations to meet performance, quality and service expectations.
- Improved customer satisfaction by addressing and resolving complaints promptly.
- Developed strong working relationships with staff, fostering a positive work environment.
- Promoted teamwork within the workplace by encouraging collaboration among staff members on various project tasks.
- Evaluated emerging trends in financial crimes landscape, adapting internal controls as needed to address evolving threats effectively.
- Reduced financial crime incidents by meticulously reviewing customer profiles and identifying potential threats.
- Provided expert guidance on regulatory compliance matters, ensuring adherence to relevant laws and regulations.
- Collaborated with cross-functional teams for effective execution of global financial crime prevention initiatives.
- Analyzed financial statements, bank records, and government databases to identify fraud and other instances of financial crimes.
- Played a pivotal role in managing complex cases by liaising with law enforcement agencies and providing essential information for successful prosecution.
- Conducted comprehensive investigations into suspicious transactions, leading to successful case resolutions.
- Analyzed large amounts of data to find patterns of fraud and anomalies.
- Analyzed financial statements to identify discrepancies, irregularities and fraudulent activity.
- Boosted team productivity, providing consistent support and feedback during investigations into potential financial crimes.
- Reviewed reports and individual transactions which appeared suspicious to uncover possible fraudulent activity.
- Reviewed transactions and receipts to identify any suspicious activity.
Customer service executive
HSBC Electronic Data Processing India Pvt Ltd
11.2021 - 07.2024
- Responsible for identifying and researching the patterns, trends and anomalies in complex transactional and customer data to detect, prevent, mitigate and report suspicious activity related to money laundering, terrorist financing and structuring.
- Completes extensive due diligence investigations using public and private databases in accordance with Anti-Money Laundering (AML).
- Verifies all aspects of Customer Identification Program (CIP) and necessary account opening documents are provided and in accordance with know Your Customer (KYC).
- Maintain strong investigative skills, the ability to work independently, demonstrated extensive banking and Compliance knowledge.
- Determined and implemented additional steps, validating KYC risk compliance based on research of customer records, verification of account purpose and legitimacy, analysis of transaction activity.
- Performs checks on all employees, consultants, vendors, contractors and third party advisers against World Check Risk Screen.
- Conducts enhance due diligence research in attempts to find derogatory/background information used to aid decisions in initiating, maintaining or exit business relationships.
- Contacting Relationship Manager, for further information when EDD is conducted.
- Assisted and provided information to support Suspicious Activity Reports (SAR) or equivalent for regulatory filing.
- Identified multiple significant cases, red flags and patterns associated with the laundering of illicit funds.
- Handling Very complex and sensitive customer Data, preparing MIS report on Weekly and Monthly basis.
Analyst
UBS Investment Banking – Wipro Ltd
08.2021 - 11.2021
- Working on daily reports: Spanish & Danish report, EC Auto Borrow Report, Domestic Auto Borrow Report and Agent Holding Report.
- Working on Buy-in related switches pro-actively to cover Financial Risk.
- Managing Depot Re-alignment report which covers short depots and also covers Risk pro-actively.
- Working on Physical switches booked by traders and ensure to settle those switches.
- Working on Physical switches (via Registrar) effectively to cover reputation risk.
- Working on Mail Box.
- Working on Stock related Breaks in TLM.
- Fails Management.
- Interacting with clients, agents, on a regular basis for trade processing and trade settlement related information.
- Need to keep onshore update with SOD & EOD reports on trades settling with Exchanges on which bank potential Buy-In risk has.
- Escalate unresolved discrepancies to management.
- Manage and reduce risk associated with settlement failure - To avoid Fails and Buy-in cost.
- Playing a significant role in managing risk.
- Working on applications like Creation Online, Keylink, Crest, Euclid, COLT, T24, DTC , and TLM applications for trades processing and settlement.
- Updated all new learning’s in learning documents and training giving to new comers.
Senior Analyst
State street Hcl Services Ltd
02.2020 - 08.2021
- Reconciling trade blotters daily and escalating to the client ops if there are any pending or missing trades.
- Handling Tvt reconcilation, blotter reconcilation etc.
- Esclating to the client ops regarding the excess and duplicate trades.
- Working on Mail Box.
- Sending handoffs before the cutoffs.
- Escalate unresolved discrepancies to management.
- Playing a significant role in managing risk.
- Updating score card on daily basis.
- Updating pending tracker on daily basis.
- Need to raise logs for external and internal interaction for missing trades.
- Working on applications like Mch, Gtm, Imt, Tvt etc.
- Works on equity, derivative and foriegn exchange trades.
- We will reconcile the trades according to the specifications mentioned by the clients.
- Reconcile and Capture daily trade margin calculation to the total position by contract type and unrealized gain/loss to the broker statement or faxed/transmitted instructions for specific funds.
- Acts as a resource to process transactions in accordance to established procedures. Performs various daily tasks as necessary to support processing routines and assists with the related duties as required.
- Reviews work for accuracy and resolves data/trade related issues through interaction with Accounting and Custody Team of each client designated operations.
- Spearheaded the migration of process from manual to automated.
- Assure all trades captured in the tool to provide accuracy in trade reconciliations.
- Resolves issues on tool to provide proper matching of trades.
- Resolves issues in trades captured in tool and reach out to respective processing teams.
Associate Analyst
UBS Investment Banking – Wipro Ltd
08.2018 - 01.2020
- Working on daily reports: Spanish & Danish report, EC Auto Borrow Report, Domestic Auto Borrow Report and Agent Holding Report.
- Working on Buy-in related switches pro-actively to cover Financial Risk.
- Managing Depot Re-alignment report which covers short depots and also covers Risk pro-actively.
- Working on Physical switches booked by traders and ensure to settle those switches.
- Working on Physical switches (via Registrar) effectively to cover reputation risk.
- Working on Mail Box.
- Working on Stock related Breaks in TLM.
- Fails Management.
- Interacting with clients, agents, on a regular basis for trade processing and trade settlement related information.
- Need to keep onshore update with SOD & EOD reports on trades settling with Exchanges on which bank potential Buy-In risk has.
- Escalate unresolved discrepancies to management.
- Manage and reduce risk associated with settlement failure - To avoid Fails and Buy-in cost.
- Playing a significant role in managing risk.
- Working on applications like Creation Online, Keylink, Crest, Euclid, COLT, T24, DTC , and TLM applications for trades processing and settlement.
- Updated all new learning’s in learning documents and training giving to new comers.
Education
Post Graduate in Mba - Finance & Hr
KL university
Vijayawada01.2018
Graduate in BHM - undefined
Siddhartha institute of hotel management & catering technology
01.2016
Skills
Financial risk management
Risk identification
Mitigation strategies
Research skills
Data-driven reasoning
Language interpretation
Financial operations
Reconciliation of transactions
Equity participation
Verification of finance
Accomplishments
- Wipro, Awarded Best Promising New comer
- Wipro, Settled trades within the time frame, avoiding penalties and reputation loss.
- HSBC, Star of the month
Occupational Summary
- HSBC Electronic Data Processing India Pvt Ltd, Hyderabad, Telangana, Customer service executive, Anti money laundering – FCR operations, 2021-11-01, present, Identifying and researching patterns, trends and anomalies in complex transactional and customer data., Completing extensive due diligence investigations using public and private databases., Verifying Customer Identification Program (CIP) and necessary account opening documents., Maintaining strong investigative skills and extensive banking and Compliance knowledge., Performing checks on all employees, consultants, vendors, contractors and third party advisers against World Check Risk Screen., Conducting enhanced due diligence research., Assisting and providing information to support Suspicious Activity Reports (SAR)., Identifying significant cases, red flags and patterns associated with money laundering., Handling complex and sensitive customer data, preparing MIS reports.
- UBS Investment Banking – Wipro Ltd, Hyderabad, Telangana, Analyst, Trade settlements, 2021-08-01, 2021-11-01, Working on daily reports: Spanish & Danish report, EC Auto Borrow Report, Domestic Auto Borrow Report and Agent Holding Report., Managing Depot Re-alignment report., Working on Physical switches booked by traders., Interacting with clients and agents for trade processing., Escalating unresolved discrepancies to management.
- State street Hcl Services Ltd, Vijayawada, Andhra Pradesh, Senior Analyst, Transaction services, 2020-02-01, 2021-08-01, Reconciling trade blotters daily., Handling Tvt reconciliation, blotter reconciliation., Escalating to client ops regarding excess and duplicate trades., Updating score card and pending tracker on a daily basis., Working on applications like Mch, Gtm, Imt, Tvt.
- UBS Investment Banking – Wipro Ltd, Hyderabad, Telangana, Associate Analyst, Trade settlements, 2018-08-01, 2020-01-31, Working on daily reports: Spanish & Danish report, EC Auto Borrow Report., Managing Depot Re-alignment report., Interacting with clients and agents for trade processing., Escalating unresolved discrepancies to management.
Personal Information
- Date of Birth: 04th July 1994
- Gender: Male
- Nationality: Indian
- Marital Status: Single
Mission
My mission is to be an active member of an organization that sets innovative standards, in the field of investment banking or finance and setting trends by utilization of my potential skills to exceed expectations.
Timeline
Assistant Manager
Hongkong and Shanghai Banking Corporation Limited
07.2024 - Current
Customer service executive
HSBC Electronic Data Processing India Pvt Ltd
11.2021 - 07.2024
Analyst
UBS Investment Banking – Wipro Ltd
08.2021 - 11.2021
Senior Analyst
State street Hcl Services Ltd
02.2020 - 08.2021
Associate Analyst
UBS Investment Banking – Wipro Ltd
08.2018 - 01.2020
Post Graduate in Mba - Finance & Hr
KL university
Graduate in BHM - undefined
Siddhartha institute of hotel management & catering technology