Praveena P
Financial Crimes Associate
Bangalore
Summary
Dynamic Financial Crimes Associate with nearly 9 years of expertise in quality control and assurance processes, specializing in Trade AML, sanctions screening, fraud monitoring, and swift payment investigations. Demonstrated ability to lead, motivate, and train team members while delivering exceptional service and ensuring strict compliance with regulatory standards. In-depth knowledge of the historical context of sanctions, global affairs, high-risk geographical regions, and key regulatory bodies such as UNSC, EU, OFAC, FCA, and OFSI. Committed to leveraging this extensive background to enhance organizational integrity and effectively mitigate financial crime risks.
Overview
11
11
years of professional experience
5
5
Languages
Work History
Working as a specialist in Transactions screening-QCO
STANDARD CHARTERED BANK
09.2023 - Current
- Independently perform quality control process as stated in the DOI’s and by employing a risk-based approach to address financial crime/money laundering risks.
- Publish quality control results and lead discussions with the investigative teams to highlight identified exceptions and thematic trends, if any.
- Adhere to expected deadlines as stated in the DOI’s through proper work-flow planning with existing resources and recommend appropriate process/DOI changes where required.
- Understand technical aspects of systems relevant to CDD, Client Risk Assessments, Name and Transaction Screening, AML Monitoring & Case Management.
- Collate, analyse and identify key thematic trends in QCO results and report/assist in reporting to senior management and relevant governance/risk committees. Assist in reporting of QCO of key regulatory/audit action items, if any.
- Identify the process gaps at the functional level if any, by thoroughly verifying the transaction.
- Identify and authenticate the transactions as per watch list narration and updating of watch list narration, if any.
- Conduct knowledge sharing session through quizzes to the team by understanding the key outcomes of the political discussions/events happening at the international level which have significant relevance towards sanctions and AML.
Worked as a specialist in AML-Trade monitoring (TBML)
STANDARD CHARTERED BANK
04.2020 - 05.2022
- Highly analytical, results-oriented, dedicated AML Analyst with extensive knowledge of identifying and monitoring the suspicious activities and transactions.
- Managing and resolving alerts/cases following the DOI to process risk events in line with the Assess, Analyse, and Act (AAA) process.
- Assess and analyse the risk events, created by the Monitoring systems or created manually, to identify unusual customer behavior and escalate such unusual patterns for Analysis.
- Perform the assessment in accordance with the procedure laid down in the AAA processes and Country Addendum, Group sanctions and FCC policies and processes to manage risks.
- Handling of all the transactions from money laundering and fraud monitoring perspective.
- Identifying and handling of all fraud scenarios in the transactions.
- In addition to the above functions, successfully trained new joiners within time and contributed in ensuring timely trainings to the team members are done eloquently.
As a senior Analyst
DEUTSCHE BANK
07.2018 - 03.2020
- Handling OF EXPORT LC ADVISING, which involves checking the authenticity of the LC as a prelude before delivering the LC to the beneficiary.
- Checking LC discrepancies in conformity with the UCP 600. And making sure that the discrepancies are addressed by the issuing bank wherever necessary before advising it to the beneficiary.
- Monitoring the LC movement, right from issuance stage till the payment cycle gets over.
- Preparation of Transaction monitoring tool as separate vehicle to identify the red flags in the LC, in respect to money laundering, such as dual use goods, copy of bill of lading, over/under invoicing, etc. and making sure that the red flags are addressed by the business and client manager.
As a Team Member
J P MOGAN CHASE BANK
12.2014 - 07.2018
- Compliance and AML screening
- US region Compliance and Anti Money laundering process where we research and report all the transactions. Reviewing and correcting text in preparation for OFAC and other sanction screening.
- Driving day to day operations and assure maximum efficiency and meeting SLA.
- Vigilantly Ensuring Team’s high level of accuracy (Min 99%) and the SLA’s in time
- Experience in Data extracting for Compliance Screening for LC, Standby LC, and Import & Export Collection.
- Documentary Collections-Trade Finance
- Handling of Import, Export, open account and merchant trade transactions, and making sure that each and every transaction are processed as per the guidelines of RBI and FEMA.
- To ensure all trade transactions are accurately processed and authorized in accordance with Customer’s instructions and in compliance with statutory, regulatory and internal operational instructions.
- Follow-up with the Branch for further instructions on the documents held.
- Preparing Weekly/Monthly MIS production sheets to monitor movement of key business indicators and facilitate decision – making process of the top management.
Education
P.U.C -
National PU College
Basavanagudi, BangaloreS.S.L.C - undefined
Government High School
Chamarajpet BangaloreBachelor of commerce (BCOM) - Accounts
Bangalore University, Vijaya College
Basavanagudi, Bangalore05.2014
Skills
Customer relations
Accomplishments
- Maintained accuracy to the extent of 99%, while doing sanction and AML screening
- Received rewards and recognitions on monthly and quarterly basis.
- Winner of financial crime surveillance operations (FCSO dept.) floor quiz 2025.
Disclaimer
I hereby declare that all the statements in this application provided by me are true, complete and accurate to the best of my knowledge and belief.
Personal Profile
- Date of Birth : 1994-03-10
- Marital status : Single
- Father’s Name : Puttaramaiah
- Mother’s Name : Parvathamma
Timeline
Working as a specialist in Transactions screening-QCO
STANDARD CHARTERED BANK
09.2023 - Current
Worked as a specialist in AML-Trade monitoring (TBML)
STANDARD CHARTERED BANK
04.2020 - 05.2022
As a senior Analyst
DEUTSCHE BANK
07.2018 - 03.2020
As a Team Member
J P MOGAN CHASE BANK
12.2014 - 07.2018
S.S.L.C - undefined
Government High School
Bachelor of commerce (BCOM) - Accounts
Bangalore University, Vijaya College
P.U.C -
National PU College