Harish Gangereddula

Assistant Manager

GenpactIndia

Hyderabad

06.2022 - Current

Analyzing transactions across a variety of payment types and examining different types of accounts to look for signs of financial crime including money laundering, fraudulent/suspicious activities and terrorist financing.
Reviewing monthly transaction alerts, spotting inconsistencies and escalating accounts with financial crime concerns to onshore FINCRIME teams through Suspicious Transaction Reporting forms.
Using internal/external tools to analyze transactions in various ways, including thematic reviews based on multiple operational activities as per requirements.
Verify customer KYC/CDD records and purpose of the account to understand the usage and to identify suspicious or unusual patterns noted during transactional review.
Conduct customer due diligence via third party databases like RDC, CIFAS and public media sources to identify information related to client and the counterparty details and potential adverse information.
Screening of Customer Database to find potential matches with various Govt. lists like OFAC, SDN List etc. and performing background checks to find potential matches with Internal Blacklist and World Check application and escalating findings to FCC teams.
Direct contact with the sales and Relationship managers to collect information / reasons behind the transactions that might pose the risk to the bank.
Assist the RFI Group (Request for Information) by providing reports on potential money laundering and suspicious activities to obtain appropriate customer explanation and straighten any KYC/transactional discrepancies.
Identify patterns, spot anomalies, draw and support conclusions, and summarize findings in a logical organized narrative report.
To ensure the alerts and cases are completed with adherence to the timelines according to the KPIs/SLAs.
Collaborate and communicate with Client and colleagues to ensure transparency at work and to share processing knowledge to enhance investigation process flows.
Act as a point of contact for the team and assist colleagues along with new joiners of the team with the oversight of investigation and research.