LAKSHMI KUMAR KONDURU
Chennai
Summary
Professional in the financial service industry with extensive 4+ years of experience incompliance, Fraud investigation, AML, Transaction Monitoring, Terrorist financing, KYC, EDD, CDD, Client Service, People management, process improvements, Possess in-depth experience in compliance; Service to ensure success in exceeding the Clients expectation and maintained consistent and effective delivery. Subject Matter Expertise in Transaction Surveillance and Regulatory Risk Compliance. Managed Individual as well as Team Level Responsibilities. Contributed to Process Improvements.
Overview
5
5
years of professional experience
1
1
Certification
Work History
Senior Analyst
HSBC Electronic Data Processing India Pvt. Ltd
02.2024 - Current
- Responsible for identifying and researching the pattern, trends, and anomalies in complex transactional and customer data to detect, prevent, mitigate, and report suspicious activity related to money laundering, terrorist financing and structuring.
- Investigate and evaluate transactions for potential money laundering risk in the bank.
- Ensuring efficient identification and monitoring of suspicious activities using the system.
- Verify KYC, payment details and payment routing through available data base investigate, review and resolve AML related and economic sanctions related transactions Obtain documentary proof of suspicious transactions and ensure effective record keeping of suspicious transactions identified and mitigate the risk.
- Establishing potential crime risks.
- Verify KYC, payment details, and payment routing through the available resources.
- Investigating and monitoring the transactions conducted and to identify potential money laundering/terrorist financing activities. Conducting thorough research on the parties involved in the transactions via various applications and prepare a clear and concise report.
- Providing SME activities for the new joiners and helping them filling their process gaps to perform better.
- Providing feedback on work completed by other investigators to ensure quality, accuracy, and effectiveness (Quality Control).
- Conducting thorough research on the parties involved in the transactions via various applications and prepare a clear and concise report.
Risk and Compliance Analyst
IBM India Pvt Ltd
04.2022 - 11.2023
- Iam Working as AML analyst and My job is majority in to retail and business accounts. As part of first line of defence, I'm associated with L1 investigations of the accounts.
- I work on alerts which are generated based on certain set thresholds. Such as high value transactions, cash activity, high risk customers and high risk countries transactions etc.
- Our target is daily 20 alerts. We check the alerted activity and also do a periodic review of 2 months, we close the false positive and escalate the true positives with evidences and Documentation.
- Detailed Screening of Client, Parent& Key controls (Key Account parties) with regards to Negative News, Money laundering, Reputational risk & Association with sanctioned countries.
- Perform investor account opening and maintenance (KYC/AML) And compares international payments and cash transactions, with Cr./Db. Turnover, cash spikes.
- Ensuring to meet the regulatory deadlines by maintaining high quality.
- Monitoring of customer transactions including accessing historical/current information and interactions to provide a complete picture of customer activity. It includes transfers, deposits, and Withdrawals.
- If there is no suspicious we will close the alert & we take google search & google negative news & related accounts on customer using FCRM application. Based on all the information we mitigate Narrations.
- Further these cases are Checked by Bank Secretary Act (BSA) team for further SAR filings.
F&A Operation Processing Senior Representative
NTT DATA Information Processing Services Private Limited
Chennai
01.2021 - 10.2021
- Perform Onboarding KYC CDD for Corporate Entities.
- Process and quality check complex, Personal sole traders (PST)& Small Medium Entrepreneurs (SME) for a leading European bank (Bank of Ireland) for all new corporate customer onboarding. according to The Central Bank of Ireland regulatory and client standards.
- Detailed Screening of Client, Parent& Key controls (Key Account parties) with regards to Negative News, Money laundering, Reputational risk & Association with sanctioned countries.
- Ensuring to meet regulatory deadlines by maintaining high quality.
- Review & monitoring of entities transactions and provide analysis of transaction history and ensure all the transactions adhere.
- Responsible for doing customer PEP and sanctions and Adverse screening as per KYC Norms with help of Lexis Nexis Tool.
- Verifying KYC documents as required to corporate company individuals and entities according to Bank of Ireland regulations and Unwrapping Entities directors and shareholders and secretaries and Ultimate beneficial owner details (UBO).
- Knowledge on searching relevant documents from public domain like CRO & UK Company House & Adverse media category list & Bank of Ireland documents like Irish state board list and Irish PEP seniority list.
Education
MBA - Finance
S CHAVAN'S INSTITUTE OF COMPUTER APPLICATION
NELLORE01.2019
BBM -
JAGANS DEGREE AND PG COLLEGE
NELLORE01.2017
Intermediate - M.E.C
KRISHNA CHAITANYA JR COLLEGE
NELLORE01.2014
SSC -
GOVT.MODEL HIGH SCHOOL
NELLORE01.2012
Skills
- Transaction Monitoring
- KYC Verification
- Sanction Screening
- Suspicious Activity Reports (SAR)
- World Check
- Lexis Nexis
- FCRM
- ENCORE
- Vision Archives
- MS OFFICE
- TALLY
- MS EXCEL
- Critical thinking
- AML investigations
- Customer Due Diligence and Enhanced Due Diligence
Personal Information
- Father's Name: K. Ranganadham
- Blood Group: O Negative
- Date of Birth: 04/19/97
- Gender: Male
- Nationality: Indian
Languages
Tamil
First Language
Telugu
Proficient (C2)
C2
English
Proficient (C2)
C2
Certification
- PGDCA
Disclaimer
I hereby declare that all the Particulars Furnished by me in this application are true and complete to the best of my knowledge and belief.
Timeline
Senior Analyst
HSBC Electronic Data Processing India Pvt. Ltd
02.2024 - Current
Risk and Compliance Analyst
IBM India Pvt Ltd
04.2022 - 11.2023
F&A Operation Processing Senior Representative
NTT DATA Information Processing Services Private Limited
01.2021 - 10.2021
MBA - Finance
S CHAVAN'S INSTITUTE OF COMPUTER APPLICATION
BBM -
JAGANS DEGREE AND PG COLLEGE
Intermediate - M.E.C
KRISHNA CHAITANYA JR COLLEGE
SSC -
GOVT.MODEL HIGH SCHOOL
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