Summary
Overview
Work History
Education
Skills
Certification
Interests
Tools
DECLARATION
Timeline
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KARTHEEK REDDY

Risk And Compliance Analyst
PUNE

Summary

Detail-oriented professional with 6 years in AML/KYC officer. Strong analytical aptitude of customer due diligence process and methodology to identify patterns and trends to communicate risks to management. Successful managing multiple competing priorities and deadlines.

Overview

7
7
years of professional experience
3
3
Certifications

Work History

Senior Operations Analyst

CITI Bank
05.2023 - Current
  • Conducted KYC formality reports on questionable accounts and transactions.
  • Interpreted evidence from multiple tools and systems to determine legitimacy of customer behavior.
  • To determine reputational Risk we would categorize the Crimes under 4 Categories like CAT A,B, C and Immaterial.
  • We do conclusive research to mitigate the risk of the client/Consumer by using all the public sources such as (PACER court, State Courts) and some other internet searches.
  • To evaluate the reputational Risk we use some factors to determine the risk of client whether to maintain or Exit the relationships with the bank by using these factors Time Elapsed, Credibility of the information Source, Scope and severity etc.
  • Regulatory Data Corp. (RDC), CENSE (CitiAML ENTERPRISE Name Screening Engine), CITI Sanction Screening Application of Screening-Adverse media & Negative News Screening for Risk Management. For Alerted individual were particularly focused on using analytics techniques and machine learning to increase the accuracy of their screening rates to diminish the impact of hard matches to false positives and True Positives
  • And this will allow us to identify or determine the activities that potential for customer to commit any type of money laundering, finance terrorism, Drug Trafficking, Human Trafficking , Fraud (Ponzie scheme), FINRA Crimes, Tax Crimes, Extortion, Corporate Crimes & commit identity theft etc
  • For anti-money laundering (AML) purposes, screening rules curtail financial activities of criminals, terrorists, and ensure that Politically Exposed Persons (PEPs).
  • Authored operational forecast documents, helping senior leadership predict and prepare for forthcoming changes in finances or production

Senior KYC Analyst

IBM
03.2022 - 03.2023
  • Audit KYC remediation's of UK based Banks' Limited Companies, Unincorporated Associations, Sole trader, Partnership Companies.
  • Adjusted end-to-end KYC process needs to align with workforce capabilities.
  • Offered internal support for audit, compliance and reporting activities.
  • Managed portfolio of high-net-worth clients, including Politically Exposed Persons (PEPs), ensuring compliance with regulatory requirements and conducting thorough due diligence.
  • Regular interaction with Business, AML Compliance management, as well as KYC and QC teams.
  • Quality control Checking for new joiners
  • Identify and escalate critical issues to their Quality Control Supervisor
  • Regular interaction with Business, AML Compliance management, as well as KYC and QC teams
  • Analyzed and investigated clients to conduct detailed customer due diligence and enhanced due diligence review.
  • Interpreted evidence from multiple tools and systems to determine legitimacy of customer behavior.
  • Conducted thorough reviews for high risk clients based on stratified risk level guidelines.
  • Participated in high-level strategy meetings, contributing to financial and logistical framework planning

KYC Analyst

ICICI Bank
06.2017 - 03.2022
  • Work as the process owner and ensure end to end management of all activities of KYC Team.
  • Client on boarding research, Compliance reporting, KYC file remediation projects and document review.
  • Act as a point of escalation for team members and functional partners in AML Compliance or reputational risk.
  • Execute deep-dive research on customers(CDD & EDD) determined to be high-risk or exhibiting an elevated risk.
  • Lead, direct and monitor customer account activity using bank's monitoring tools.
  • Works closely with India Fraud Control Units (FCU) to manage Risk and Compliance.
  • Periodic review of thresholds for monitoring AML transactions and recommend changes in thresholds.
  • Investigate any unusual matters escalated by operation/ business unit and make recommendation to file STR.
  • Generating high impact specialized business cases, research-based reports & audit reports for senior leadership.
  • Reviewed new prospect KYC documents to meet requirements and determine business model risk.

Education

Bachelor of Science - Mechanical Engineering

SIR C V RAMAN TECHONOLOGY AND SCIENCES
TADIPATRI
04.2016 - 04.2016

Skills

Employee training

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Certification

Best employer Certification from the ICICI Bank

Interests

Playing Cricket

Listening music

Playing chess

Tools

  • FINACLE
  • FCRM
  • Sales Force
  • Full serve
  • Lexis Nexis
  • Dun and Bradstreet
  • Pacer
  • Equifax

DECLARATION

I assure you that all the above-mentioned details are true to the best of my knowledge.

Timeline

RNR Award received for the Q1 2024

04-2024

Appreciated by the site head for the helping of Hiring Team

04-2024

Senior Operations Analyst

CITI Bank
05.2023 - Current

Senior KYC Analyst

IBM
03.2022 - 03.2023

Best employer Certification from the ICICI Bank

06-2017

KYC Analyst

ICICI Bank
06.2017 - 03.2022

Bachelor of Science - Mechanical Engineering

SIR C V RAMAN TECHONOLOGY AND SCIENCES
04.2016 - 04.2016

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KARTHEEK REDDYRisk And Compliance Analyst