Pritam Banerjee
Bangalore
Summary
Dynamic Credit Risk Associate at JP Morgan Chase & Co. with a strong background in credit underwriting, risk assessment, and KYC compliance. Demonstrated success in managing diverse portfolios while enhancing client satisfaction and mitigating risks. Proficient in financial analysis and stakeholder management, delivering impactful results through strategic decision-making and effective team leadership. Aiming to leverage expertise to drive further improvements in risk management processes.
Overview
13
13
years of professional experience
Work History
Credit Risk Associate
JP Morgan Chase & Co.
Bangalore
03.2024 - Current
- Coordinate with bankers to set up new credit facilities for client, ensuring that terms align with their financial capabilities and business needs.
- Provide guidance on the appropriate structure of credit facilities to maximize client satisfaction while minimizing risk.
- Conduct comprehensive credit assessments for existing downgrade clients, analysing transaction usage, credit reports, and provide recommendation to the banker.
- Prepare detailed reports and presentations for senior management on credit risk exposure and portfolio performance.
- Communicate underwriting decisions and rationales to stakeholders, ensuring transparency and understanding.
- Managed a portfolio of 500+ clients with exposure up to $1 million, serving as the
- Primary Credit Officer and driving customer satisfaction.
- Accredited with W29 Authority to provide approvals for Treasury Products with exposure up to $1,000,000
- Perform Underwriting to set up the new ACH facilities, Letter of Credit & Commercial Cards
- Worked on various projects to mitigate the risks involved.
- Provided recommendations to the relationship team for the downgraded clients to reduce the exposure and mitigate the risks involved
- Conducted in-depth financial analysis, evaluating income growth and profitability to assess loan viability and maximize expected returns.
- Led credit dispute negotiations with loan officers, ensuring favourable resolutions and risk mitigation.
- Reviewed loan documentation with a high degree of accuracy, ensuring seamless processing and compliance.
- Assessed client documentation for alignment with federal and local regulatory requirements, mitigating compliance risks.
Team Leader (KYC and Due Diligence)
JP Morgan Chase & Co.
Bangalore
07.2022 - 02.2024
- Prepared and shared inventory reports with the team in accordance with SLAs.
- Managed daily resource planning, mitigating risks of unplanned leaves, and allocated roles and responsibilities.
- Conducted daily team check-ins, provided coaching, and facilitated Gemba walks for process improvement.
- Reviewed Tableau data for team performance and generated monthly reports (Scorecard/BYB/Cost Centre).
- Coordinated with onshore team for process quality enhancement and continuous improvement initiatives.
- Facilitated monthly CAB calls, worked on remediation plans, and focused on MWI with the team.
- Conducted yearly compensation discussions and organized year-end check-ins for team members.
- Worked on development goals to enhance team competencies and skills.
KYC Analyst
JP Morgan Chase & Co.
Bangalore
12.2018 - 06.2022
- Conducted comprehensive due diligence reviews for customers in accordance with Know Your Customer (KYC) and Anti-Money Laundering (AML) standards, ensuring compliance with regulatory requirements.
- Regularly reviewed clients based on their risk levels, conducting periodic assessments to maintain updated risk profiles.
- Analyzed client data, documentation, and negative news sources to accurately determine client risk, contributing to risk mitigation strategies.
- Identified Sources of Wealth for High-Net-Worth Clients and performed Sources of Wealth Corroboration to validate the legitimacy of client assets.
- Prepared detailed documentation outlining the process and outcomes of due diligence performed, maintaining clear and organized records of compliance activities.
Sanctions Investigator - Compliance
HSBC
Bangalore
05.2016 - 01.2018
- Conducted thorough investigations into customer activity across diverse platforms to ensure alignment with established standards by regulatory bodies such as FinCEN and OFAC.
- Managed the process of requesting and updating documents to meet KYC (Know Your Customer) requirements, ensuring compliance with regulatory policies.
- Identified and evaluated risks, including those related to Politically Exposed Persons (PEP), Specially Designated Nationals (SDN), and OFAC (Office of Foreign Assets Control), promptly escalating high-risk findings to senior investigators.
- Applied sound judgment in decision-making and recommendations during case investigations, ensuring compliance and adherence to established protocols.
- Analyzed customer profiles and large datasets to validate normal and expected activity, actively monitoring industry watch lists and contributing to effective Know Your Customer efforts.
Senior officer
Standard Chartered Bank
Bangalore
01.2013 - 05.2016
- Processed Outward electronic payments (OTT) utilizing the Rapid Cash system, ensuring accuracy and timeliness in financial transactions.
- Managed Inward Telegraphic Transfers (ITT), Book transfers (BT), Clearing, and Collections efficiently to meet organizational standards.
- Utilized CBDR application to verify and update correspondent bank details, ensuring compliance and accuracy in payment routing by identifying SWIFT codes.
- Proficient in handling various SWIFT messages including MT 103, MT 202, MT 2020COV, MT199, facilitating smooth international transactions and communication with correspondent banks.
Education
Master of Business Administration - Banking & Finance
Narsee Monjee Institute of Management Studies
Karnataka, India12.2018
Bachelors in Arts - Economics
Burdwan University
West Bengal, India05.2011
Skills
- Anti- Money Laundering
- Risk & Compliance
- Know your customer
- OFAC sanctions
- Name and transaction screening
- Fraud Investigations
- Tableau
- MS - Office
- MIS Reporting & Dashboards
- Credit Risk Assessment
- Credit Underwriting and Assessment
- Collateral assessment
- Portfolio Management
- Risk Rating & Grading
- Stakeholder & Relationship Management
- Financial Analysis
- People management
- Conflict resolution
- Team building and coaching
Affiliations
Expanded Card Limit Optimization Project
- Analyzed clients' usage and financials to transition them to suitable credit products, collaborated with RM teams and monitored their spending patterns. Successfully reduced Expanded card limits by 76.2% from $22.5M to $5.3M
ACH Debit Overlimit Monitoring
- Analyzed weekly unsecured ACH Debit Report Overlimits under $2M; provided data-backed recommendations to the RM
- Team and successfully amended 100+ facilities based on the client's usage and business need
PMR
- Actively involved in preparing and presenting monthly performance metrics of all KYC teams during larger forum discussions as part of Performance Management Review (PMR)
People Infrastructure Group
- Promoting awareness of various risk controls and compliance frameworks
- Encouraging participation in training programs for upskilling
- Highlighting employee mobility stories and internal success journeys to strengthen engagement
Proficiencies And Accolades
- Best Team Award (Q3 2023) – Recognized for exceptional teamwork and operational excellence.
- Leadership Acceleration Program (LEAP) – Successfully completed a leadership development program focused on people management and strategic thinking.
- Spearheaded multiple process enhancement projects, driving efficiency, accuracy, and compliance.
Timeline
Credit Risk Associate
JP Morgan Chase & Co.
03.2024 - Current
Team Leader (KYC and Due Diligence)
JP Morgan Chase & Co.
07.2022 - 02.2024
KYC Analyst
JP Morgan Chase & Co.
12.2018 - 06.2022
Sanctions Investigator - Compliance
HSBC
05.2016 - 01.2018
Senior officer
Standard Chartered Bank
01.2013 - 05.2016
Master of Business Administration - Banking & Finance
Narsee Monjee Institute of Management Studies
Bachelors in Arts - Economics
Burdwan University