Balakrishna U
Bengaluru
Summary
Results-driven banking professional with over 5 years of experience in banking operations, specializing in credit risk management, KYC/AML compliance, internal audits, and process enhancement.
Overview
6
6
years of professional experience
Work History
Assistant Manager (Credit Operations)
Standard Chartered
07.2023 - Current
- Conducted in-depth due diligence on customers to verify identity and assess risk levels.
- Reviewed documentation to ensure adherence to AML and KYC regulatory requirements.
- Performed sanctions reviews for clients with exposure to sanctioned countries.
- Facilitated knowledge-sharing sessions to promote best practices in KYC procedures.
- Identified red flags related to sanctions, name screening, and Actimize indicators.
- Led daily operations to ensure compliance with banking regulations.
Operations Processor
Wells Fargo India Solutions Pvt Ltd
Bengaluru
03.2020 - 07.2023
- Executed KYC due diligence, including CDD and EDD, during client onboarding and ongoing assessments.
- Analyzed data from media and relevant websites to identify customers linked to crime or terrorism.
- Conducted comprehensive KYC and sanction reviews across financial products utilized by customers.
- Utilized open search databases and resources like Lexis Nexis for thorough customer information gathering.
- Escalated negative media, sanctions, and PEP hits requiring approval from EDD and sanctions desks.
- Performed sanctions reviews for clients connected to sanctioned countries, investigating business relationships.
Education
MBA - Finance
Pondicherry University
Bengaluru 06-2021
Bachelor of Commerce -
CMR Institute of Management Studies
Bengaluru06-2019
Skills
- Due diligence and KYC compliance
- Customer onboarding and escalation management
- Compliance monitoring
- Attention to detail
- Process improvement
- Orientation and training
Accomplishments
• Received appreciations from different levels of managers for successfully maintaining quality
• Awarded the 'Champion Award' multiple times for the best SME, Idea contributor, and Trainers.
• Best practice to improve the productivity of the process
• Awarded the 'Champion Award' multiple times for the best SME, Idea contributor, and Trainers.
• Best practice to improve the productivity of the process
Timeline
Assistant Manager (Credit Operations)
Standard Chartered
07.2023 - Current
Operations Processor
Wells Fargo India Solutions Pvt Ltd
03.2020 - 07.2023
MBA - Finance
Pondicherry University
Bachelor of Commerce -
CMR Institute of Management Studies