Summary
Overview
Work History
Education
Skills
Additional Information
Timeline
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Karthik KR

Karthik KR

Bengaluru,Karnataka

Summary

Experienced AML KYC resource who is driven to optimize processes and streamline operations for team efficiency. Decisive leader with an analytical and flexible approach to solving problems. Excels in adapting to fast-paced environments and driving technological advancements.

Overview

10
10
years of professional experience

Work History

Senior Project Consultant

Ernest & Young LLP
03.2024 - Current
  • As KYC Checker-SME (Quality Control) work to ensure high quality standards are maintained for KYC and Enhanced Due Diligence (EDD) casework conducted by KYC analysts.
  • Assisting in the organization's efforts to prevent money laundering, terrorist financing and other illicit financial activities
  • Effective Internet and research skills and usage of third-party tools such as LexisNexis, World Check, factiva, DowJones, Prado, Government/Jurisdiction registries, etc.
  • Research clients and collect information to evidence client profiles, financial info/ source of funds, ownership structure, key account parties, negative news, PEPs, OFAC and other relevant information adhering to policy and procedures.
  • Performing Customer due diligence CDD), Enhanced Due Diligence (EDD), Account Due Diligence (ADD), Product Due Diligence (PDD) for all level clients with a 4-eye/ 6-eye check.
  • Calculating Financial Crime Risk Rating (Low, Medium & High ) of all clients based on their Nature of business, Country of Incorporation, Primary business operation locations, etc.
  • Handling QC team of 16 peers to perform QC audits to meet the SLA standards and creating QC reports for higher management recommending action plan to ensure the company meets the regulatory standards
  • Developed strategic project plans to enhance client engagement and service delivery and collaborated with cross-functional teams to identify process improvement opportunities and implement solutions.

Sr. AML KYC Analyst

Concentrix Daksh Private Limited
04.2022 - 06.2023
  • Being Quality Checker, conducted thorough due diligence to verify customer identities and ensure compliance with KYC regulations.
  • Spearheaded data-driven AML investigations, analyzing high-volume transactional and customer datasets to detect money laundering (ML), terrorist financing (TF), and fraud patterns, reducing financial crime exposure by mitigating high-risk anomalies.
  • Executed risk monitoring and control measures across multiple business lines, applying EDD, CDD, SpDD, PDD, and global KYC frameworks, which strengthened compliance and enhanced client risk profiling accuracy.
  • Authored and filed regulatory-grade SARs with the FIU by preparing comprehensive Grounds of Suspicion (GoS) documentation, ensuring adherence to AML compliance standards strengthening regulatory trust.
  • Led training and mentorship programs for junior analysts with the team of 18 on KYC, KYB, and transaction monitoring procedures, building a high-performing team culture and fostering long-term compliance expertise
  • Produced and presented daily and periodic investigation dashboards and reports to senior management, driving transparency, compliance awareness, and continuous process improvements.

AML Compliance Analyst

PayPal India Pvt Ltd
05.2019 - 02.2022
  • Verified all Client Identification Program (CIP) documentation and ensured business/individual account opening procedures complied with KYC, USA Patriot Act, and Bank Secrecy Act (BSA) standards, maintaining 100% regulatory compliance.
  • Evaluated and validated Enhanced Due Diligence (EDD) documentation, exercising judgment on PEPs, AML, terrorist financing, and adverse media risk, recommending account restrictions or closures to mitigate institutional risk exposure.
  • Analyzed discrepancy and suspicious activity reports, following standard AML procedures to prepare and submit Suspicious Activity Reports (SARs) for further investigation and regulatory review.
  • Conducted comprehensive transaction monitoring investigations, analyzing alerts, triggers, root cause analyses (RCA), linked associations, and patterns of rapid fund movement to detect potential fraudulent or high-risk activity.
  • Performed end-to-end account reviews based on trigger events, transactional patterns, and suspicious activity indicators, executing deep-dive investigations to identify and mitigate fraud and financial crime.
  • Conducted moderate-risk account assessments and brand/fraud risk reviews, identifying vulnerabilities and mitigating potential risks by deep-dive analyses on dispute cases (SNAD, INR, CNP, ITA), making immediate decisions to resolve complex billing and transaction disputes efficiently.
  • Reduced false positives in transaction monitoring alerts through continuous refinement of system parameters based on historical patterns and trends.
  • Trained and supervised junior financial examiners, explaining procedures and protocols.
  • Analyzing the different KYC AML standards of entities like Trust foundation, Special purpose vehicles(SPV), Money service provider, Regulated, listed and private entities and applying the right level of due diligence and KYC AML policies.

AML Investigator

Hi-Power Support Centre LLP
08.2016 - 12.2018
  • Conducted thorough investigations of suspicious transactions to ensure compliance with regulatory requirements.
  • Executed Periodic KYC reviews on a risk-based schedule, ensuring continuous regulatory compliance and proactively identifying potential high-risk clients.
  • Managed the end-to-end client KYC process, coordinating across business units, compliance, and operations teams, while handling fraud and dispute cases through comprehensive risk assessments and mitigation strategies.
  • Maintained up-to-date knowledge of AML red flags, emerging threats, and industry trends, applying insights to improve monitoring, detection, and escalation processes.
  • Assisted in research and investigations of potential AML cases, performing detailed analysis to support regulatory filings, internal escalations, and decision-making for risk mitigation.
  • Supported audit teams during internal and external reviews, addressing any concerns or findings promptly.
  • Oversaw escalation management via Zendesk/Jira, ensuring case closure within SLA, full remediation, and clear audit trails for compliance reporting.
  • Served as a subject matter expert within the organization for all matters related to transaction monitoring, providing guidance and support to colleagues as needed.

Onboarding Specialist

Helpchat
08.2014 - 04.2016
  • Streamlined onboarding work flows for new customers, ensuring compliance with company policies and procedures.
  • Conducted comprehensive customer due diligence to assess risk profiles and ensure compliance with regulatory standards.
  • Analyzed customer documentation for accuracy, ensuring adherence to anti-money laundering regulations.
  • Led investigations into high-risk accounts, providing actionable insights to mitigate potential risks.
  • Mitigated operational risks by adhering to established guidelines when processing new account applications or updating existing records.
  • Recognized for strong analytical skills, identifying trends and patterns in client data to inform risk assessment processes.
  • Provided exceptional customer service during client interactions, addressing inquiries promptly while safeguarding sensitive information securely.

Education

Bachelor of Commerce - Accounting And Finance

C V Raman University
Bilaspur
12-2017

Pre-university College - Commerce

Sheshadripuram Independent College
Bengaluru
05-2011

High School Diploma -

Seshadripuram Boy's Hgh School
Bengaluru
04-2008

Skills

  • End-to-end KYC processes
  • AML compliance frameworks
  • Compliance management
  • Transaction monitoring
  • RDC expertise
  • Proficient in LexisNexis
  • Screening processes
  • Sanctions analysis and implementation
  • Risk assessment
  • Quality assurance specialist
  • Coaching and mentoring
  • root cause analysis
  • Team management
  • Schedule management

Additional Information

ELEVATE - Sept, 2023 - Jan 2024


Worked for a freelance project as a compliance analyst in resolving sanctions and screening alerts parallel with CODE of Conduct and conflict of Interest with ethic and integrity

Timeline

Senior Project Consultant

Ernest & Young LLP
03.2024 - Current

Sr. AML KYC Analyst

Concentrix Daksh Private Limited
04.2022 - 06.2023

AML Compliance Analyst

PayPal India Pvt Ltd
05.2019 - 02.2022

AML Investigator

Hi-Power Support Centre LLP
08.2016 - 12.2018

Onboarding Specialist

Helpchat
08.2014 - 04.2016

Bachelor of Commerce - Accounting And Finance

C V Raman University

Pre-university College - Commerce

Sheshadripuram Independent College

High School Diploma -

Seshadripuram Boy's Hgh School

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Karthik KR