Prathiksha Thole
Financial Crime Analyst
Hyderabad,TG
Summary
Detail-oriented Financial Crime Reporter with extensive experience in monitoring transactions and conducting thorough investigations into suspicious activities. Skilled in analyzing data to identify potential risks and patterns of financial crime. Proficient in preparing comprehensive investigative reports and drafting Suspicious Activity Reports (SARs) in compliance with regulatory requirements. Adept at collaborating with cross-functional teams to enhance compliance measures and contribute to the prevention of financial crime. Committed to upholding the highest standards of accuracy and confidentiality in all reporting processes.
Overview
6
6
years of professional experience
Work History
Investigator, FC Investigative Reporting.
Ernst & Young
10.2024 - Current
- Review the flagged accounts and look for any unusual patterns in the transactions.
- Recognizing transactions or behaviors that deviate from normal patterns, such as large cash deposits, rapid transfers, or unusual account activity.
- Tasked with performing timely and thorough investigations on assigned cases, adhering to the agreed reporting standards.
- Examine and investigate the DRA cases generated by UCM as per defined policy and procedure.
- Perform network analysis on 1st and 2nd ring exited counterparties to understand the structure and relationships with the focal customer.
- Identify and process the necessary referrals for action, including recommendations for account closure and updates for KYC/CDD.
Risk Analyst
Ivy Comptech
09.2022 - 08.2024
- Gathering and verifying relevant documentation (e.g., identity proofs, business documents) according to regulatory requirements).
- Assesses risk based on findings and determines if any unusual or high-risk activities warrant further investigation.
- Identify and escalate discrepancies by comparing and contrasting KYC records.
- Maintain high standards of customer service and confidentiality for both internal and external clients.
- Manage the end-to-end KYC process for new and existing customers, ensuring compliance with regulatory requirements.
- Conduct thorough investigations of flagged transactions to determine potential money laundering activities.
Senior Process Executive-Data
Cognizant
07.2021 - 07.2022
- Monitoring and analyzing merchant and cardholder account activities to identify abnormal activity in account.
- Expertise in identifying and investigating fraudulent activities related to prepaid card transactions.
- Mentored junior associates, fostering professional growth and helping them reach their full potential.
- Adhere to quality requirements, achieve targets/volumes in given TAT(Turn around time) - Proactively identify issues. - Contribute to process improvement initiatives
- Experience in implementing and managing transaction monitoring systems to flag suspicious activities across multiple platforms.
Senior Associate
Wipro
03.2019 - 04.2021
- Proficient in analyzing patterns and indicators of ATO incidents, implementing strategies to prevent unauthorized access.
- Expertise in identifying and mitigating fraudulent activities through data analysis and risk assessment.
- Comprehensive experience in conducting fraud investigations, with a focus on Account Takeover (ATO) and identity theft cases.
- Experience in implementing and managing transaction monitoring systems to flag suspicious activities across multiple platforms.
- Skilled in using AML transaction monitoring systems to identify suspicious activities and generate alerts for further investigation.
- Skilled in utilizing CIT tools for effective fraud monitoring and case management, enhancing operational efficiency.
Education
MBA - Finance
Omega PG College
Hyderabad, India 04.2001 -
Skills
- Transaction monitoring
- Investigative reporting
- Sanction screening
- CRT
- Zendesk
- Chargeback Handling
- Identity Theft (Account takeover) and Fraud Prevention
- KYC
- Money laundering investigations
- SAR Reporting
Accomplishments
Received awards and recognition for consistently exceeding productivity goals and maintaining high quality standards.
Timeline
Investigator, FC Investigative Reporting.
Ernst & Young
10.2024 - Current
Risk Analyst
Ivy Comptech
09.2022 - 08.2024
Senior Process Executive-Data
Cognizant
07.2021 - 07.2022
Senior Associate
Wipro
03.2019 - 04.2021
MBA - Finance
Omega PG College
04.2001 -
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