PANDUGALA SAIRAM
Hyderabad
Summary
Aspire to a part of ever dynamic and progressive organization where I can continuously learn and contribute to the growth of the company and which would offer me innovativeness, challenges with a quality environment where my ideas and skills can be shared enriched and put maximum use.
Overview
9
9
years of professional experience
17
17
years of post-secondary education
Work History
BUSINESS RISK AND CONTROL CONSULTANT
WELLS FARGO India & Philippines
2018.12 - Current
- Perform the periodic reviews for all clients based on their risks (Low, Medium)
- Responsible to conduct Know Your Customer (KYC) process for Commercial Capital processes in line with the requirements of the USA Patriot Act
- Drill down the ownership up to 25% for public customers and 10% threshold for private clients
- Identify and research the patterns, trends in transactional and customer data to detect, prevent, mitigate and report suspicious activity related to money laundering and terrorist financing
- Scrutinies the documents as per CDD standards
- Retrieving the info like Legal entity details and beneficial owners and shareholders ultimate beneficial owners, trust and fund details as per the regulator standards
- Analyzing various documents like AOI, COI and Name change certificate and Partnership Agreements etc
- Which are submitted by client
- Identify and verifying the client’s legal existence by using the tools like LexisNexis
- Perform the screening for all clients and UBOs to mitigate the risk and escalate the cases if the client has the positive hits or any adverse news
- Have knowledge across multiple client types - corporate, Private Companies, Govt
- Entities, partnerships, Regulated Entity, etc
- Analyzing Annual reports to obtain information like NAIC description, country of assets, Percentage of Ownership etc
- Performing the Screening for All Sanctions and PEP & negative media to identify the risk of the client
- Review Customer Due Diligence information for accuracy and investigate discrepancies
- Analyses risks on escalated, referred, or alerted negative news
- Communicate negative findings to lines of business and supply guidance on course of action.
- Supported clients with business analysis, documentation, and data modeling.
- Delivered outstanding service to clients to maintain and extend relationship for future business opportunities.
- Managed multiple deadlines across several businesses to meet dynamic needs of multiple clients.
Process specialist
Tata Consultancy service
2016.08 - 2018.11
- Associated with KYC project for HSBC
- Performing risk assessments, customer Due Diligence and Enhanced Due Diligence as applicable while on Boarding new customers and for periodic review for existing customers which can include trigger’s
- Performing Quality Analysis and Reconciliation of KYC forms against the institution’s customer list for the enrichment of regulatory standards
- Reviewing compliance adherence for High, Medium and Low risk entity categories as agreed with consortium
- Performing KYC Due Diligence on a wide range of entity types which includes Trusts, Charity, LLC’s, MME’s, Partnerships and Corporations
- Verifying and validating customer identity, profile, business etc and source documents from internal repositories and external websites relevant to Entity type
- Determining potential risk to the bank through extensive research, negative media searches as applicable and sanction screening process on counter parties
- Ensuring all transactions adhered are not merely high standards but complied with KYC guidelines and regulations
- Performing Sanctions screening and PEP’s identification and reviewing potential negative news hits across Global Client Management divisions.
Process Associate (Account Set up And Maintenance)
Genpact
2015.04 - 2016.08
- Part of Advisory Account Set up And Maintenance
- Complete Document Verification
- Review of the Accounts pending
- Knowledge about cross validation
- Reviewing the partial accounts and their trading status
- Termination of accounts.
- Collaborated with team to define business requirements for organizational processes, achieve productivity standards, and adhere to accuracy standards.
- Identified and resolved process issues to drive optimal workflow and business growth.
- Performed quality assurance checks on transactions and account actions to assess compliance with state and federal regulations.
Education
MBA - Finance & HR
Holy Mary Institute Technology of Management (O.U)
Hyderabad 2013.05 - 2015.01
B.COM - Computers
New Silver Jubilee Degree College
Hyderabad 2010.05 - 2024.03
Intermediate - CEC
Alfa Junior College
Hyderabad 2008.06 - 2010.01
SSC -
Flower Buds High School
Skills
Adaptable to changing environmental requirements
Accomplishments
- Received sport light manager award Stateside Partners for completion of deals on timely manner.
• Received E card for achieving 100% quality for 4 months in 2024.
• Part of SME team.
Additional Responsilities
- Handled multiple priorities and deadlines concerning review of high risk clients and maintained detailed records on clients for further level review.
- Coordinating with the Relationship Managers and other business area contacts to obtain the information and resolve the issues.
- Extract queue status reports on bi hourly basis and produce the same for the perusal of the management.
- Assign the queues to the team and ensure to complete the same within TAT.
- Confirm timely resolution of work assignments by organizing and prioritizing appropriately.
- Ensure to meet SLA/TAT with the stake holders
Personal information
- Father's Name: PANDUGALA KRISHNA
- Date of Birth: 05/02/1992
Expertise Summary
Diligent and result oriented professional experience of more than 9+ years in Banking industry. Extensive experience in Compliance issues, KYC, CDD, EDD, AML, Sanctions and Transaction Monitoring for USA and UK clients. A quick learner with 'Can do' attitude.
Disclaimer
- I hereby declare that the information furnished above is true to best of my knowledge.
Timeline
BUSINESS RISK AND CONTROL CONSULTANT
WELLS FARGO India & Philippines
2018.12 - Current
Process specialist
Tata Consultancy service
2016.08 - 2018.11
Process Associate (Account Set up And Maintenance)
Genpact
2015.04 - 2016.08
MBA - Finance & HR
Holy Mary Institute Technology of Management (O.U)
2013.05 - 2015.01
B.COM - Computers
New Silver Jubilee Degree College
2010.05 - 2024.03
Intermediate - CEC
Alfa Junior College
2008.06 - 2010.01
SSC -
Flower Buds High School
Similar Profiles
Suresh KumarSuresh Kumar
Senior Software Engineer (AVP) at Wells Fargo India & Philippines Pvt. Ltd.Senior Software Engineer (AVP) at Wells Fargo India & Philippines Pvt. Ltd.
Marjorie Brosas-GabrielMarjorie Brosas-Gabriel
Team Lead & Escalations at Wells Fargo EGS - Philippines & IndiaTeam Lead & Escalations at Wells Fargo EGS - Philippines & India
Laxmikanth ChittampallyLaxmikanth Chittampally
Senior Operational Processor at Wells Fargo India Solution PVT Ltd, Wells FargoSenior Operational Processor at Wells Fargo India Solution PVT Ltd, Wells Fargo