BALAMUGUNTHAN S
Chennai
Summary
Results-driven Banking Operations and Compliance professional with 7+ years of experience in transaction screening, payment operations, trade finance, and financial crime compliance within global financial institutions. Proven expertise in sanctions screening, KYC verification, AML compliance, and risk mitigation, ensuring adherence to international regulatory standards. Skilled in using compliance tools such as Bridger Scan, LexisNexis, and Loan IQ, with a strong track record of managing high-volume financial transactions while maintaining operational accuracy and regulatory compliance. Recognized for leadership, operational excellence, and process improvement, with multiple awards for performance and contribution.
Overview
8
8
years of professional experience
2
2
Languages
Work History
KYC Name Screening & APMS
Tata Consultancy Services (TCS)
Chennai
03.2023 - Current
- Manage Asset Portfolio Management Services (APMS) including entity creation, facility management, and updates to entity information such as name, address, and TIN after proper document verification.
- Ensure accuracy and compliance while processing requests for facility creation, modification, and deactivation in line with internal control procedures.
- Perform sanctions screening using Bridger Scan, identifying potential matches and escalating suspected hits to the OFAC compliance team for further investigation.
- Monitor facility limit adjustments, ensuring credit exposure is appropriately authorized and documented.
- Handle account transfers between UENs and establish new UEN relationships to support seamless client operations.
- Utilize Loan IQ for loan facility reporting and loan lifecycle management.
- Conduct KYC verification using sources such as Company Registry, Concierge services, and LexisNexis.
- Identify Directors and Ultimate Beneficial Owners (UBOs) during the KYC review process.
- Perform screening for sanctions, PEPs, and adverse media to detect potential compliance risks.
- Conduct Enhanced Due Diligence (EDD) for high-risk customers and entities.
- Analyze screening alerts to determine true matches or false positives against global sanctions lists (OFAC, UN, EU).
Trade Finance Operations Analyst
State Street – HCL Technologies
07.2022 - 03.2023
- Processed high-volume customer transactions including trade bookings and payments with strict adherence to operational procedures.
- Validated complex financial instruments such as derivatives, swaps, FX trades, and government bonds to ensure accurate trade booking.
- Executed daily INFL bookings for government bonds in accordance with regulatory and operational guidelines.
- Managed Spot FX bookings, ensuring timely and accurate execution of foreign exchange transactions.
- Performed transaction verification and reconciliation to minimize operational risk and ensure data accuracy.
- Supported clients by ensuring timely settlement and processing of financial trades.
Cash Management Operations Analyst
Standard Chartered Bank – Global Business Services (GBS)
Chennai
08.2018 - 07.2022
- Provided operational support for payment services across the Gulf, Middle East, and Asia regions.
- Processed a wide range of payment activities including:
- Outward & Inward Remittances
- Book Transfers
- Standing Orders
- Deal Bookings
- End-of-Day Processing
- Performed transaction screening against sanctions lists, PEP databases, and watchlists to ensure compliance with global regulatory standards.
- Monitored transactions in real-time to detect unusual patterns and prevent financial crime risks.
- Configured screening rules based on customer profile, geography, and transaction type to reduce false positives.
- Trained new employees on payment processing systems and operational procedures, improving team productivity and knowledge sharing.
Education
Master of Business Administration (MBA) - Finance & Marketing
Measi Institute of Technology
ChennaiBachelor of Commerce (B.Com) - Bank Management
The New College
ChennaiSkills
Compliance & Risk
Transaction Screening
KYC Verification
Sanctions Screening
PEP & Adverse Media Screening
Payments & Banking Operations
SWIFT Payments
Trade Finance
Transaction Monitoring
Tools & Systems
Bridger Scan
LexisNexis
Loan IQ
SAR Reporting Systems world wide check
Financial Crime Compliance
Accomplishments
- Best Employee of the Year – 2018 at Standard Chartered Bank GBS.
- Value Champ Award (2 times) at Standard Chartered Bank for outstanding performance.
- Star Performer of the Year – 2024 at TCS.
- 3 Spot Awards at TCS for exceptional contributions.
- Star Performer – February & March 2023 at TCS.
Timeline
KYC Name Screening & APMS
Tata Consultancy Services (TCS)
03.2023 - Current
Trade Finance Operations Analyst
State Street – HCL Technologies
07.2022 - 03.2023
Cash Management Operations Analyst
Standard Chartered Bank – Global Business Services (GBS)
08.2018 - 07.2022
Bachelor of Commerce (B.Com) - Bank Management
The New College
Master of Business Administration (MBA) - Finance & Marketing
Measi Institute of Technology