Prajwal Karkera

• SME for KYC/AML policies and procedures

• Identifying issues and requirements on the KYC system by coordinating with stakeholders from Business Lines/ KYC Policy/ KYC Ops/ Anti-Financial Crime teams

• Collaborating with Global transformation teams on developments & implementation of new updates/ changes in the KYC tool

• Documentation of Business requirements & Fulfillments and aligning it according to the KYC policies and standards

• Reporting manager of 10 KYC Analysts and Checkers

• Led employee relations through effective communication, coaching, training, and development.

• Streamlined communication within team, ensuring all members were aligned with project goals and timelines.

• Responsible for the direct reports' Performance review, rewards and recognition.

• Fostered strong relationships with clients through attentive account management, timely issue resolution, and proactive status updates on project milestones.

• Recruited, interviewed and hired employees and implemented mentoring program to promote positive feedback and engagement.

• Participating in Quality Assurance Calibration call

• Preparing a complete customer KYC profile based on the understanding of the client.
• Calculating appropriate risk rating for customers
• Refresh Customer profile with the new/updated information available
• Identification and Corroboration of Customer's Source of funds & Source of wealth
• Performing outreach on the pending KYC requirements &/or for clarity on transaction(s)
• Lexis Nexis review
• Pre-QC/Sanity checks on above mentioned activities.

• Opening and maintenance of client/internal accounts
• Maintaining clients' authorized signature list
• Making sure the account setups are in line with KYC & AML guidelines
• Screening of Client and related parties
• Performing regulatory checks. FATCA-CRS (LDD)
• Quality check on the above-mentioned activities
• Additional responsibility of assisting onshore colleagues on client due diligence, account opening/maintenance