Kumar Prateek
Bangalore
Summary
Highly efficient Risk Operations Analyst, well established in fast-paced and challenging environments. Enthusiastic learner with a knack for swiftly and adeptly applying new knowledge with skill and efficiency.
Overview
4
4
years of professional experience
Work History
Senior Associate KLUB - Operations
KLUB
Bangalore
10.2022 - Current
- Drafted and filed Suspicious Activity Reports (SARs) and Suspicious Transaction Reports (STRs) with various Financial Intelligence Units. I have consistently maintained operational excellence across various workstreams, reviewed and dispositioned transaction monitoring alerts, and demonstrated sound judgment and the ability to navigate non-binary, high-risk decisions.
- Proficient in conducting thorough reviews encompassing suspicious profiles, nature of business assessments, adverse media scrutiny, and evaluations of high-risk country/business sector involvement, showcasing a holistic approach to risk assessment
- Possessed understanding of the payments domain, including regulatory frameworks and competitive landscapes, to inform strategic decision-making and business development efforts
- Managed a team of 3 employees to complete projects on time and worked with new strategies to get the job done with ease
- Developed and implemented a successful process improvement initiative that increased operational efficiency by 70% in the partner Dashboard, resulting in client filtering.
- Possesses a general awareness of money laundering, terrorism financing, and sanctions trends, keeping abreast of regulatory developments to inform decision-making processes effectively.
AML Associate Razorpay
Bangalore
07.2020 - 10.2022
- AML: worked on multiple reports in AML tool to bring down the laundering cases and analyze merchants involved in money laundering
- Filed Suspicious Transaction Report ( STRs) with various Financial Intelligence Units; and Performed in-depth research and investigations and recommended strategies to resolve problems and prevent further concerns
- Investigated current and new merchants and individual sales to evaluate fraud, chargeback, and compliance risks in AML
- Have interacted with bank & cyber authorities and worked on better networking PAN India with cyber officers of different states
- Trained new hires on the process
- Helped various teams to develop & deploy enhanced procedures to reduce the institution's exposure to fraud
- Dealt/dealing with law enforcement authorities (enforcement directorate, RBL, Lending), on reports and data preparation, bank authorities to help them with their investigations & to get their work done
- Worked and front-ended on a couple of projects undergone by the Razorpay team and successfully delivered the expectations
- Dealt with a lot of big/small/medium clients to curb frauds and increase the success rate
- Have worked on multiple queues according to the business requirement, and have a fair knowledge of Buyer Risk.
Education
B.Tech: Computer Science -
Acharya Institute of Technology
01.2020
Certificate of Higher Education -
JVM Shyamli Ranchi Jharkhand
01.2016
Skills
- Excel
- Microsoft PPT
- Google sheet
- Advance Excel
- Basic SQL
Accomplishments
- Recognised by management for Quarterly award (ABCD-above and beyond the call of duty).
- Investigated, identified and reconciled account discrepancies totalling INR 13lakh in company savings.
- Conducted a learning seminar on the topic - AML and Money Laundering prevention in Fintech.
- Awarded by state cyber of HP, Dehradun and Karnataka for report on AML and Real time fraud of more than 85 Lakh.
Timeline
Senior Associate KLUB - Operations
KLUB
10.2022 - Current
AML Associate Razorpay
07.2020 - 10.2022
B.Tech: Computer Science -
Acharya Institute of Technology
Certificate of Higher Education -
JVM Shyamli Ranchi Jharkhand
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