Pratham Chaturvedi
Gurugram
Summary
Dynamic Process Associate with expertise in AML compliance and fraud prevention at Genpact India Pvt. Ltd. Proven track record in conducting thorough KYC assessments and utilizing fraud detection tools to mitigate risks. Adept at data analysis and problem-solving, ensuring regulatory adherence while enhancing operational efficiency.
Overview
3
3
years of professional experience
Work History
Process Associate
Genpact India Pvt. Ltd.
06.2024 - Current
- Conducted AML SARs and monitored transactions, escalating high-risk cases to ensure regulatory compliance, and mitigate potential risks
- Performed PEP and sanctions screening to identify and manage high-risk clients and transactions
- Ensured global CIP, KYC, CDD, and EDD requirements.
- Collaborated with cross-functional teams to meet tight deadlines and deliver results in a fast-paced environment.
- Monitored high-risk transactions to detect and prevent fraud, including identity theft, account takeovers, and payment fraud.
- Investigated suspicious activities, analyzed transaction patterns, and escalated confirmed fraud cases to compliance teams and law enforcement agencies.
- Reviewed and responded to fraud alerts related to unauthorized transactions, card fraud, and wire fraud.
- Ensured compliance with AML, KYC, and fraud risk management policies and procedures. Collaborated with compliance teams and law enforcement agencies to prevent and resolve fraud cases, ensuring effective communication and issue resolution
- Collaborated with compliance teams and law enforcement agencies to prevent and resolve fraud cases, ensuring effective communication and issue resolution
Process Associate
Tata Consultancy Services
06.2022 - 09.2023
- Ensuring compliance adherence- Preventive measures are always best when conducting business(signed disclosures; verifying legal identities stated matches actual identity)to address all regulatory & institutional compliance adherence levels ensue default risk effectively mitigated.
- Performing KYC/AML risk assessments: Responsible for onboarding customers collecting and identifying customer identification and supporting documents, need to assess the risk of each customer's AML compliance based on internal analysis monitoring of transactions made from personal and current account adherence to company's policy guidelines and regulatory requirements.
- Financial Due Diligence- Involves reviewing and assessing an individual's or entity's financial information and fiscal performance. This involves looking into factors such as earnings, business transactions, assets, liabilities, cashflow and debt.
- Periodic review of business accounts
- Checks and remediation into bank database
- Ensured that sufficient customer information was collected by The lines of business to develop an understanding of customer Occupation or business operation.
- Conduct research of customer records, verification of Account, purposes and legitimacy, and analysis of transaction History.
- Used transactions and customer records, external data, Publicly available data and other information to identify Suspicious or unusual.
- Analyze information and make decision, if customer meets KYC Standards
Education
Bachelor of Commerce in Taxation - Commerce
Career College of Bhopal
Bhopal03-2021
Skills
- Fraud Detection Tools
- Transaction Monitoring
- Microsoft Office
- Data analysis
- Problem Solving
- Anti Money Laundering
- Due Diligence
- SAR/STR Reporting
- Sanctions Screening
- KYC Verification
- Chargeback
- AML Compliance
- Fraud investigation and Prevention
Accomplishments
- Processed over 150 high-risk transactions within 6 months, achieving a 10% reduction in fraudulent activities.
- Maintained 100% accuracy in Suspicious Activity Report (SAR) filings, ensuring stringent compliance standards.
- Collaborated in implementing policies that reduced transaction approval time by 15%, enhancing overall process efficiency.
Languages
- English, Full Professional Proficiency
- Hindi, Native or Bilingual Proficiency
Timeline
Process Associate
Genpact India Pvt. Ltd.
06.2024 - Current
Process Associate
Tata Consultancy Services
06.2022 - 09.2023
Bachelor of Commerce in Taxation - Commerce
Career College of Bhopal