Praveen BS
Ottapalam
Summary
Detail-oriented and highly analytical AML Analyst with over 3 years of experience in financial crime investigations and compliance. Proficient in identifying suspicious activities, conducting thorough investigations, and ensuring adherence to regulatory requirements. Strong knowledge of AML regulations, including the Bank Secrecy Act (BSA). Excellent analytical, problem-solving, and communication skills, with a proven track record of successfully mitigating risks and enhancing compliance frameworks.
Overview
4
4
years of professional experience
1
1
Certification
Work History
AML Analyst
Guidehouse India private Limited
Thiruvananthapuram
01.2022 - Current
- Performs quality checks on day-to-day KYC due diligence on behalf of the client to ensure AML fraud prevention and the security of the client. Continuous monitoring and screening of individuals and business entities help to detect the potential risks associated with customers' nature of operations and activities, and take further actions (referral) if required.
- Day-to-day operational ownership of the various AML workstreams.
- Performing due diligence on customers for US Bank.
- (ICR, EDR, PR) Assessing the overall risk of customers using a holistic report, entity type, FIU referrals, CTRs filed, and transaction monitoring (high, medium, or low).
- Categories like private equity, private banking, third-party payment providers (TPPP), ATMs, MSBs, non-profits, casinos and gaming businesses, arms and ammunition, and trusts were reviewed.
- Reviewing customer information obtained from multiple sources, collection and verification of confidential customer data via publicly available (Google) and internal sources (Branch, LexisNexis, internal documentation), and identifying discrepancies in information (internal and external) available, and escalation.
- Conducting an end-to-end review of potentially illegal or suspicious activity, and escalating it for further review.
- AML alert, transaction monitoring, customer due diligence (CDD), and enhanced due diligence (EDD), suspicious transactions reporting (SARs).
- Perform background checks using various screening tools, and make decisions about whether to report the risk.
- Monitoring of clients and associated parties to identify potentially exposed persons, and screening for any negative news.
- Screening customers against prohibited lists.
- Identifying potential structuring in transactions and referring it to the FIU using the Bizagi tool.
- Ensure through supervision that cases are reviewed and dealt with as per assigned operational coverage, policies, and global procedures.
- To perform and focus on quality assurance via monthly reporting, QA calibration, and management information.
Warehouse Supervisor
AADAM TRADERS
01.2021 - 01.2022
- Completes shipments by processing and loading orders.
- Prepares orders by processing requests and supply orders, pulling materials, packing boxes, and placing orders in the delivery area.
- Maintains the truck or van by completing preventive maintenance requirements and arranging for repairs.
- Enforces inventory controls by collecting stock location orders, and printing requests.
- Provides quality service by following the organization's standards.
Education
MBA - Finance And Logistics
Nehru College of Management
01-2022
B.com - Banking And Finance
Nehru Arts And Science College
01-2018
Skills
- LexisNexis
- World compliance
- PEP screening
- Risk Assessment
- Microsoft Office
- Due diligence
- Personal Wealth Management
- Anti-Money Laundering Laws
- Risk Management Analyst
- Communication
- Adaptability
- Safety Regulations
- Inventory control
- Distribution Operations
- Warehouse Functions
- Power BI
Certification
- Diploma in Fraud Management & Anti-Money Laundering Awareness, Alison ,Dec 2024
- Lean Six Sigma Yellow Belt , Sparen Gewinn Consulting, Aug 2024
- Global AML & Compliance, GUIDEHOUSE, Aug 2024
- Business intelligence using power BI, Skill Nation, Jul 2024
- Global AML for India Global AML for India, Edcomm Banker's Academy, Jan 2024
- Know your customer & Customer Due Diligence, ALISON, Jan 2023
- The Fundamental of Digital Marketing, GOOGLE DIGITAL GARAGE, Jun 2021
- Warehouse Management: Inventory, Stock and Supply Chain, ALISON, Oct 2021
- Neuro Linguistic Programming, ALISON, Jun 2020
Timeline
AML Analyst
Guidehouse India private Limited
01.2022 - Current
Warehouse Supervisor
AADAM TRADERS
01.2021 - 01.2022
- Diploma in Fraud Management & Anti-Money Laundering Awareness, Alison ,Dec 2024
- Lean Six Sigma Yellow Belt , Sparen Gewinn Consulting, Aug 2024
- Global AML & Compliance, GUIDEHOUSE, Aug 2024
- Business intelligence using power BI, Skill Nation, Jul 2024
- Global AML for India Global AML for India, Edcomm Banker's Academy, Jan 2024
- Know your customer & Customer Due Diligence, ALISON, Jan 2023
- The Fundamental of Digital Marketing, GOOGLE DIGITAL GARAGE, Jun 2021
- Warehouse Management: Inventory, Stock and Supply Chain, ALISON, Oct 2021
- Neuro Linguistic Programming, ALISON, Jun 2020
MBA - Finance And Logistics
Nehru College of Management
B.com - Banking And Finance
Nehru Arts And Science College
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