Prem Kumar V
Bengaluru
Summary
Skilled in analyzing financial transactions for patterns of potential fraud or money laundering. Experience includes monitoring and investigating suspicious activities, enforcing compliance with regulatory standards, and providing thorough documentation of findings. Strong analytical skills combined with knowledge of banking regulations and anti-money laundering protocols have resulted in improved detection rates and prevention strategies. Adept at using software tools to enhance efficiency and accuracy in transaction monitoring processes.
Overview
9
9
years of professional experience
3
3
years of post-secondary education
Work History
SENIOR/CONSULTANT
EY GDS
Bengaluru
02.2025 - 08.2025
- Executed end-to-end KYC for globally based entities to ensure compliance.
- Mentored a five-person operations team, achieving a 25% improvement in staff retention.
- Restructured workflow for a U.S. crypto project, reducing average delivery time by 15%.
- Monitored transactions for signs of suspicious activity and compliance violations.
- Analyzed data patterns to identify potential fraud or money laundering risks.
- Prepared detailed reports on transaction findings for internal review processes.
L1 TEAM LEAD/ANALYST - FCO
Commonwealth Bank of Australia India Services Ltd
India
09.2022 - 02.2025
- Led team in delivering high-quality customer service solutions.
- Executed end-to-end KYC processes for individuals and entities as per project requirements.
- Facilitated training sessions for new employees to ensure smooth onboarding.
- Collaborated with cross-functional teams to address operational challenges.
- Provided training sessions and policy updates to enhance team performance.
- Participated in projects such as Regulatory Compliance, PEP Re-Review, and Transaction Monitoring for high-risk customers.
- Identified opportunities for process improvements, implementing changes when required.
- Assisted the manager in setting achievable goals for the team while monitoring progress towards them.
- Developed strategies to increase team productivity and improve customer service levels.
- Reviewed documentation and customer information for accuracy and completeness.
ANALYST
EY GDS
India
02.2022 - 08.2022
- Executed end-to-end KYC procedures for UK and US entities.
- Conducted risk investigations on clients, verifying documentation and performing analytical assessments.
- Documented research and analysis of clients' financial activities for management and regulatory review.
- Facilitated communication with internal and external parties to gather necessary information.
- Managed reporting tasks including MOM, production reports, and error analysis reports.
- Pursued continuous personal development to enhance professional skills.
- Contributed to knowledge base initiatives to improve operational efficiency.
- Recommended process improvements aligned with business objectives.
PROCESS ANALYST
Alliance Data Card Services
Bengaluru
01.2021 - 01.2022
- Calculated financial crime risk ratings for all clients based on various factors including business nature and country of incorporation.
- Identified beneficial ownership structures and analyzed classification-based beneficial ownership percentages.
- Executed Customer Identification Program (CIP), Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD) for individual customers.
- Conducted initial due diligence on multiple entity types through public searches, updating KYC forms, and determining outreach needs.
- Identified Politically Exposed Persons (PEPs) associated with companies and submitted PEP forms.
- Reviewed account opening documents to ensure compliance during client onboarding processes.
- Utilized advanced software tools to enhance transaction monitoring efficiency and effectiveness.
COORDINATOR
BGRS India Pvt Ltd.
Bengaluru
05.2019 - 11.2019
- Executed Customer Identification Program (CIP), Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD) procedures for global clients.
- Conducted sanctions screening and adverse media checks using World Check tool to identify negative news.
- Performed negative screening on individuals through various applications and online searches.
- Reviewed transaction analysis and monitored transactions of individual clients and associated parties.
- Assessed documents from clients according to local country requirements for account opening.
SENIOR PROCESS ASSOCIATE
First American India
India
08.2016 - 04.2019
- Executed transaction monitoring in compliance operations for US, utilizing group standard application to compare customer data against defined counterparties.
- Conducted ongoing reviews and high-risk client relationships, assessing transactions for suspicious activity.
- Performed comprehensive open searches and World checks based on identifying Information in the repository.
- Adapted searching methodologies to address specific case requirements effectively.
- Summarized findings clearly, supporting reports with relevant evidence.
- Served as Level 1 Quality Control for transaction monitoring teams.
- Enhanced operational efficiency through rigorous monitoring and detailed case reviews.
Education
BBA - Finance And Marketing
Sri Bhagwan Mahaveer Jain College (JGI))
KGF, India 06.2013 - 07.2016
Skills
- Transaction monitoring
- Regulatory reporting
- Team leadership
- Quality control
- Sanction Screening
- Anti-money laundering
- Suspicious activity reporting
Languages
English
Advanced
C1
Timeline
SENIOR/CONSULTANT
EY GDS
02.2025 - 08.2025
L1 TEAM LEAD/ANALYST - FCO
Commonwealth Bank of Australia India Services Ltd
09.2022 - 02.2025
ANALYST
EY GDS
02.2022 - 08.2022
PROCESS ANALYST
Alliance Data Card Services
01.2021 - 01.2022
COORDINATOR
BGRS India Pvt Ltd.
05.2019 - 11.2019
SENIOR PROCESS ASSOCIATE
First American India
08.2016 - 04.2019
BBA - Finance And Marketing
Sri Bhagwan Mahaveer Jain College (JGI))
06.2013 - 07.2016