M Bharathi
AML & KYC Analyst
Hyderabad
Summary
Dynamic AML/KYC Analyst with a proven track record at Accenture Solutions, enhancing compliance through effective sanctions screening and risk assessments.
Skilled in transaction monitoring and problem-solving. Committed to ensuring compliance and preventing financial crimes through meticulous data analysis and risk assessment.
Overview
6
6
years of professional experience
2
2
years of post-secondary education
3
3
Languages
Work History
AML/KYC Analyst
Accenture Solutions Pvt.Ltd
Hyderabad
05.2024 - Current
- Conducted sanctions screening using tools like World-Check, Dow Jones, and internal screening systems to identify potential matches related to OFAC, EU, UN, other regulatory lists and credible sources.
- Reviewed alerts generated from transaction and name screening systems to detect sanctioned individuals, entities, and high-risk jurisdictions.
- Performed enhanced due diligence (EDD) on clients flagged for potential sanctions exposure, assessing risk levels and ensuring compliance with AML and KYC policies.
- Investigated potential matches against Sanctioned persons to prevent financial crimes and regulatory violations.
- Assessed false positives by conducting detailed analysis and escalating confirmed hits for further investigation.
- Utilized internal and publicly available sources to collect and verify confidential customer data.
- Maintained detailed records of investigations, alerts, and escalations for regulatory reporting and internal compliance reviews
- Performed periodic reviews of existing client files, ensuring continued adherence to AML/KYC requirements.
- Maintained updated knowledge of relevant regulations and industry best practices to continuously improve AML/KYC processes.
- Enhanced AML/KYC compliance by conducting thorough customer due diligence and risk assessments.
- Provided guidance to junior team members, helping them grow their expertise in AML/KYC analysis techniques.
- Identified potential suspicious activity by performing transaction monitoring and escalating cases for further investigation.
- Monitored transactions and identified suspicious activities, taking proactive measures to prevent Money Laundering and Terrorist Financing.
- Drive daily production activities with effective communication and leadership.
- Served as a subject matter expert for colleagues, providing training and support on AML/KYC-related issues, fostering an environment of knowledge sharing and collaboration.
- Acted as a backup team leader and delegated daily tasks to team members to optimize group productivity.
AML/KYC Associate
Amazon Development Centre Indi Pvt Ltd
Hyderabad
09.2023 - 04.2024
- Enhanced transaction monitoring system efficiency by streamlining processes and implementing risk-based approaches.
- Contributed to risk assessments by providing insights from transaction monitoring activities, helping the organization stay ahead of potential threats.
- Supported audit requests by providing well-documented evidence of adherence to established policies and procedures relating to transaction monitoring activities.
- Reduced false positive alerts through regular tuning of transaction monitoring scenarios and thresholds.
- Ensured timely resolution of alerts by maintaining an organized case management system and prioritizing high-risk cases.· Monitored regulatory updates from OFAC, FinCEN, FATF, and other governing bodies to ensure adherence to evolving sanctions frameworks.
- Collaborated with compliance teams to develop policies and procedures for sanctions screening, ensuring effectiveness and alignment with regulatory expectations.
- Maintained detailed records of investigations, alerts, and escalations for regulatory reporting and internal compliance reviews
- Monitoring client's transactions in the review period within the internal monitoring system and maintaining the Suspicious Activity Report(SAR).
- Monitored transactions and identified suspicious activities, taking proactive measures to prevent Money Laundering and Terrorist Financing.
- Escalated potential risks to SAR team and collaborated on filing SARs when necessary.
AML Associate
HDFC Bank
08.2019 - 09.2021
- Prepared detailed reports for senior management highlighting key findings from investigations and risk assessments, allowing informed decision-making regarding client relationships.
- Achieved accurate transaction monitoring by diligently reviewing financial records for suspicious activities.
- Provided guidance and support to team members, enabling them to effectively address complex AML-related issues.
- Reduced false positives in transaction monitoring alerts through continuous refinement of system parameters based on historical patterns and trends.
- Monitored financial transactions and immediately reported suspicious activity to authorities.
- Identified and implemented effective methods for examining and analyzing financial documents.
- Monitored transactions and identified suspicious activities, taking proactive measures to prevent Money Laundering and Terrorist Financing.
Education
MBA - Finance
Saanvi PG Women's College
Hyderabad, India 08.2018 - 12.2020
Skills
- AML & KYC
- Sanctions Screening
- CDD
- EDD
- Transaction monitoring
- Compliance reporting
- Problem-solving
- Decision-making
- Time management
Accomplishments
Received awards for Best Performance and Star of the Month every month.
Declaration
I hereby declare that the information furnished above is true to the best of my knowledge.
Date:
Place:
M. Bharathi
Timeline
AML/KYC Analyst
Accenture Solutions Pvt.Ltd
05.2024 - Current
AML/KYC Associate
Amazon Development Centre Indi Pvt Ltd
09.2023 - 04.2024
AML Associate
HDFC Bank
08.2019 - 09.2021
MBA - Finance
Saanvi PG Women's College
08.2018 - 12.2020