Bharath Ankarla
Financial crime, Risk and Fraud Investigation
Hyderabad
Summary
An analytical individual with 5 years of experience in Global Financial Crime Compliance which involves Transaction Monitoring, Know your Business - Business onboarding (KYB), Anti-Money Laundering (AML), Know your Customer (KYC), Quality Auditing, Screening, Adverse Media, Politically Exposed Persons Review, Research and Documentation. Analyst with good understanding in implementing Know Your Customer (KYC) and Anti-Money Laundering (AML) standards, guidelines, policies and procedures adhering to controls and compliance standards. Experienced in handling the confidential client data and analyzing the data to meet the firm wide KYC quality standards. Strengthened strong research and analytical skills, with ability to analyze large amounts of data.
Overview
7
7
years of professional experience
Work History
Support Specialist (Fincrime Analyst - KYB)
Revolut Technologies India Private Limited
12.2023 - Current
- Performed research, documents checks, and financial crime risk
assessment via internal and external sources. - Collected and verified confidential client data via publicly
available and internal sources. - Performed Screening and Transaction Monitoring.
- Implemented KYC standards, guidelines, policies, and procedures.
- Detected and reported suspicious activities including predicate offences to money laundering and terrorist financing.
- Ensured all documents submitted for CDD are in line with internal
policies and meeting the firm's KYC requirements. Achieved 99.6% quality standard in this regard. - Identified and analyzed alerts generated by monitoring system in order to identify potentially suspicious activity.
- Escalated red flags and potential risks to the escalation team.
- Performed Enhanced Due Diligence (EDD) when required.
- Handled and maintained sensitive or confidential client documentation.
SEPO Product Compliance Associate Senior
Amazon Development Center India Private Limited
05.2022 - 05.2023
- Analyzed product data to safeguard Amazon customers from illegal, hazardous, and prohibited products by analyzing product data across various marketplaces (US, UK, Canada, India, and more).
- Identified potential risks and challenges associated with different
products and product categories. - Analyzed the large data sets, conducted thorough compliance checks to ensure products met all legal and regulatory requirements, including safety standards, labeling guidelines, and intellectual property rights.
- Analyzed and identified patterns in large data sets, gained valuable experience in data-driven business operations processes. Additionally, classified products based on standard operating
procedures (SOP). - Reported violations of rules, regulations, policies, and procedures.
- Evaluated and recommended investigative and corrective procedures in response to identified issues.
- Commitment to safety and compliance led us to undertake rigorous measures, ensuring all listed products were safe and legal for sale in specific marketplaces.
Authentication Specialist
Amazon Development Center India Private Limited
08.2020 - 05.2022
- Authenticated the product supply chain to ensure integrity, reliability, and compliance.
- Authenticated the product by reviewing the financial transactions from suppliers to manufacturers, distributors, retailers, and ultimately to customers.
- Performed diligence investigations, including reviewing documentation, verifying product authenticity, and assessing seller reputation. Doing this we ensure that only genuine products from authorized sellers are available for purchase.
- My main focus is on Risk Management and Fraud Detection, both of which I have successfully executed with zero quality defects.
- Mentored a team of 12, making them experts in the process and
improving their metrics. This had a significant positive impact on minimizing the time for supplier verification and authentication with zero quality defects. - Performed internal audits for my team, which helped me to understand the areas where they need improvement and I've trained them accordingly.
- Played an important role in a project, where we worked on gathering data about trusted and failed suppliers. This project improved our quality and reduced the average handling task time. It made the supplier verification process faster and more efficient.
- Developed strong expertise in risk assessment, fraud detection, seller, supplier, and product data research.
- Published ideas for process improvement to enhance process efficiency, quality and customer experience.
- Gained experience in analyzing team performance data using Microsoft Excel and Quip Spreadsheet, which helps improve our team's performance by identifying areas for enhancement.
Transaction Risk Investigator
Amazon Development Center India Private Limited
02.2020 - 08.2020
- Investigated suspicious activities and behaviors that pose risks to Amazon and its customers in US, UK, Canada, and IN marketplaces.
- Conducted comprehensive risk assessment methodologies to evaluate seller accounts for fraudulent activity, suspicious transactions, and policy violations.
- Conducted in-depth investigations, collaborating with cross-functional teams and implementing effective risk mitigation strategies.
- Demonstrated attention to detail, analytical thinking, and problem
solving skills and proactively identified and addressed potential risks. - Authenticated numerous customers and complex transactions using problem-solving and analytical skills.
- Identified trends in fraudulent activities by analyzing large datasets, leading to the implementation of improved security measures
- Maintained high levels of confidentiality and data security standards.
- Consistently delivered 100% weekly productivity and quality standards for investigations.
Digital Interaction Advisor
[24]7.ai
07.2018 - 12.2018
- Interacted with approximately 50-60 customers through digital chat, promptly resolve issues by researching and using internal tools. Make quick decisions and effectively communicate with USA-based customers.
- Documented customer interactions and feedback to contribute to
ongoing improvements.
Digital Interaction Advisor
[24]7.ai
08.2017 - 01.2018
- Interacted with approximately 50-60 customers through digital chat, promptly resolve issues by researching and using internal tools. Make quick decisions and effectively communicate with USA-based customers.
- Documenting customer interactions and feedback to contribute to
ongoing improvements.
Education
Bachelor of Technology (B.Tech) - Mechanical Engineering
Geethanjali College of Engineering And Technology
Hyderabad, Telangana, India 04.2001 -
Intermediate - MPC
SR Junior College
Hyderabad, Telangana India05.2013
SSC
Gowtham Model School
Bhongir, Telangana, India05.2011
Skills
Transaction Monitoring
Anti-Money Laundering (AML)
Combatting Terrorist Financing (CTF)
Financial Crime and Fraud Investigation
Adverse Media
Customer Identification Program (CIP)
Customer Due Diligence(CDD)
Enhanced Due Diligence (EDD)
Politically Exposed Person (PEP) Review
Screening
Accomplishments
With a strong focus on managing risks and detecting fraud, I've not only carried out these responsibilities with precision but also led a team of 12 Financial Crime Investigators, significantly boosting their efficiency and cutting down the KYB verification process time. Furthermore, I've played a crucial role in improving the team KYB Verification process through data-driven projects, which helped me refine my skills in risk assessment, fraud detection and process improvement.
Additional Information
Throughout my 5 years of career in Financial Crime and Anti-Money Laundering, I've gained extensive experience in confidential client data review from various sources, aligning with diverse KYC requirements including Customer Identification Program (CIP), Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD). Proficient in spotting discrepancies. I ensure meticulous alignment with regulatory standards. I excel in confidential client data management, cross team collaboration and holistic client reviews. Adaptable and skilled in migration and remediation projects. I can draft comprehensive risk summaries and eager to contribute my expertise to your organization.
Timeline
Support Specialist (Fincrime Analyst - KYB)
Revolut Technologies India Private Limited
12.2023 - Current
SEPO Product Compliance Associate Senior
Amazon Development Center India Private Limited
05.2022 - 05.2023
Authentication Specialist
Amazon Development Center India Private Limited
08.2020 - 05.2022
Transaction Risk Investigator
Amazon Development Center India Private Limited
02.2020 - 08.2020
Digital Interaction Advisor
[24]7.ai
07.2018 - 12.2018
Digital Interaction Advisor
[24]7.ai
08.2017 - 01.2018
Bachelor of Technology (B.Tech) - Mechanical Engineering
Geethanjali College of Engineering And Technology
04.2001 -
Intermediate - MPC
SR Junior College
SSC
Gowtham Model School
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