Punith M
Process associate
Bangalore
Summary
Accomplished Process Associate and Banking Fraud Analyst with a proven track record at Tata Consultancy Services, specializing in AML, KYC, and fraud analysis. Excelled in identifying and escalating suspicious activities, utilizing Lexis Nexis for thorough screenings, and enhancing team capabilities by training over 10 associates. Demonstrates exceptional analytical skills and a commitment to quality assurance.
Overview
2
2
years of professional experience
2
2
Certifications
3
3
Languages
Work History
Process Associate (AML and KYC)
Tata Consultancy Services
08.2023 - Current
- AML and KYC analyst.
- Analyzing and reporting the suspicious / risk posing instances associated with clients by performing CDD review.
- Accumulate facts from CDD investigation's and escalate as necessary to the senior management and compliance teams.
- Prepared KYC Due Diligence profiles on a wide range of Entity types (Trusts, Sole trader, LLC’ s, NPO’ s, Partnerships and Corporations.)
- Review and analyze underlying data gathered opposite Anti-Money Laundering (AML), Terrorist Financing (TF), Human Trafficking and other red flags to assess whether the alert should be recommended for escalation or to be closed with risk-based approach.
- Identify connected parties, particularly for cross-border transactions.
- Perform detailed review on identifying suspicious activities or transactions based on the defined detection scenarios.
- Screening of and any related parties using KYC screening tolls like World Check, Lexis Nexis etc to identify the presence of PEP's SDN's or adverse news.
Banking Fraud Analyst
Tata Cousltancy Services
09.2022 - 08.2023
- Working as Deposit Review, card fraud and account closure investigator for an American bank.
- Determining existing fraud trends by analyzing accounts and transaction patterns and red flags in customer accounts.
- Analyzing activities, transactions history of customer based on check image and identifying potential risk validating the deposits.
- Fraud types such as Identity theft, Account taken over, First party fraud, lost or stolen cards, elder abuse.
- Reviewing different types of fraud check like Altered or counterfeit check, Endorsement, Scam.
- Conducted reviews of flagged transactions and reports that showed potential suspicious activity.
- Trained over 10+ associates on the process, which helped to become SME for the process.
Education
BBA - Finance And Accounting
RNS First Grade College
Bengaluru, India 04.2001 -
Higher Secondary Certificate -
RNS Pre University
Bengaluru, India 04.2001 -
New St Francis Xavier Public School
Bengaluru, India05-2017
Skills
KYC
Report analysis
Transaction Monitoring
Screening (hands on experience on Lexis Nexis Tool)
Anti-Money Laundering
Quality assurance
Certification
Star of the month
Timeline
Quarter of the month
12-2023
Process Associate (AML and KYC)
Tata Consultancy Services
08.2023 - Current
Star of the month
08-2023
Banking Fraud Analyst
Tata Cousltancy Services
09.2022 - 08.2023
BBA - Finance And Accounting
RNS First Grade College
04.2001 -
Higher Secondary Certificate -
RNS Pre University
04.2001 -
New St Francis Xavier Public School
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