Praveen Babu N
Chennai
Summary
Senior Banking and Financial Crime professional with over 15 years of expertise in AML, Transaction Monitoring, and Regulatory Compliance. Demonstrated success in managing high-volume AML operations and leading diverse teams to achieve 100% SLA and quality standards. Experienced in stakeholder management and client governance, with a focus on driving process improvements. Open to leadership opportunities in AML, Financial Crime, and Compliance Operations.
Overview
19
19
years of professional experience
1
1
Certification
Work History
Assistant Manager
Tata Consultancy Services
Chennai
01.2016 - Current
- Lead AML Transaction Monitoring operations covering correspondent and non-correspondent banking, PEP alerts, and adverse media reviews
- Review and investigate complex AML alerts by analyzing transaction patterns, trends, and anomalies
- Ensure compliance with Group AML policies, regulatory guidelines, and risk frameworks
- Manage daily operations including capacity planning, workload allocation, escalations, and quality reviews
- Act as primary client contact, conducting governance calls, performance reviews, and stakeholder meetings
- Prepare MIS, MBR decks, productivity and quality reports for clients and senior management
- Perform spot checks, dip sampling, and audit support, consistently achieving satisfactory audit ratings
- Support UAT testing and implementation of new AML processes and system enhancements
- Lead onboarding, training, and mentoring of 20+ analysts, including interview support and client readiness
- Drive process improvements to enhance efficiency, reduce errors, and improve turnaround time
- Handled Dividend Payment Reconciliation activities, ensuring accurate reconciliation of dividend payouts, investigation and resolution of breaks, coordination with internal teams and stakeholders, and timely closure in line with SLA and control requirements
- Achieved 100% quality and SLA adherence across multiple review cycles
- Completed Six Sigma Green Belt project resulting in 1 FTE savings
- Awarded Contextual Master, SPOT Award, and Star Performer
- Recognized by clients for process improvements and risk mitigation
- Successfully delivered Agile Story (Oct 2023)
Branch Operations Manager
Kotak Mahindra Bank Ltd
Chennai
05.2014 - 08.2015
- Managed branch operations, compliance, and sales performance
- Oversaw account opening and KYC adherence
- Handled Trade Finance operations including import/export bill collections and remittances
- Trained and supervised operations and sales teams to achieve branch targets
Manager
Axis Bank Ltd
Chennai
11.2006 - 05.2014
- Managed branch operations, teller activities, and customer service
- Ensured adherence to KYC, audit, and internal control guidelines
- Handled cash operations, RTGS/NEFT, clearing, and reconciliations
- Generated and monitored GL, exception, and high-value transaction reports
- Supported vault management, cash balancing, and daily settlements
- Identified cross-selling opportunities and strengthened customer relationships
Skills
- Anti-money laundering and counter-terrorism financing
- Transaction monitoring and investigations
- KYC, CDD, and EDD
- Regulatory compliance and risk management
- Team and people leadership
- Client and stakeholder engagement
- Quality assurance and audits
- Process improvement strategies
- Management information systems and reporting
- User acceptance testing and transitions
Tools And Technology
- AML Systems: Norkom, Actimize / Mantas, ECM
- Core Banking: Finacle 7 & Finacle 10
- MS Office: Excel, PowerPoint, Word, Outlook
Certification
- CAME – Certified Anti Money Laundering Expert
- AML & KYC Certification
Timeline
Assistant Manager
Tata Consultancy Services
01.2016 - Current
Branch Operations Manager
Kotak Mahindra Bank Ltd
05.2014 - 08.2015
Manager
Axis Bank Ltd
11.2006 - 05.2014