R. Venkatesh
Chennai
Summary
I am a dedicated professional specializing in anti-money laundering and fraud detection analysis, investigation, prevention and control with comprehensive experience at Standard Chartered GBS, Barclays Global Service Centre Pvt Ltd, and HDB Financial Services. I excel in identifying suspicious activities, conducting detailed investigations, and coordinating with compliance teams. My skills include risk analysis through transaction monitoring, fraud detection and investigation and developing strategies to mitigate risks, contributing to the safety and compliance of financial activities
Overview
7
7
years of professional experience
Work History
Risk Analyst
Wegofin Digital Solutions
Mumbai
09.2025 - Current
- No project / work allocated
Anti-Money Laundering - Specialist
Standard Chartered GBS
Chennai
10.2022 - 09.2025
- Anti-Money Laundering – Transaction monitoring
- To Investigate and measure the risks of a business' financial activity that are triggered and routed to the system based upon the pattern of transactions conducted and high risk scenarios involved in wire transfers
- Monitor and control activities that are considered higher risks and identify the red flags involved in the transactions and analyze customer data to identify trends and patterns
- Perform KYC/AML/CFT/Sanctions/PEP/ SDN/ adverse media checks on customers and entities involved in the transactions
- Routinely communicate with regulators to explain their strategies to monitor, control and priorities risks
- Cooperate with compliance teams for specific AML requirements
- Regularly build reports that showcase the overall health of the business in terms of mitigating risk
- Regularly review data and solutions to ensure all AML requirements are met
- Decision making after the investigating the transactions depending upon the requirement as to close the case/ Escalate for SAR reporting
- RFI – Request for Information is raised to respondent banks in critical cases if the risk associated with the transactions could not be mitigated and further clarification is required regarding the transactional activity of the entity
- Provided oversight and execution of an inventory of applicable laws and regulations, policies, standards, procedures, training, and lessons learned from regulatory and enforcement trends as well as internal and external events
- Analysing and monitoring the performance of L1 analysts
- Developing and implementing test plans to improve the process of reviewing and analyzing the cases
- Identify and address errors of the team associates early, facilitating discussions and finding satisfactory solutions for the problems involved
- Support and guide team members to ensure they meet their individual targets and KPIs.
- Generate reports on team performance and provide regular updates to senior management.
- Communicate expectations, goals and feedback to the group regularly and resolve any concerns or issues actively.
- Providing Vetting/ concurrence for the team associates for the purpose of escalations/ RFI
Fraud Analyst
Barclays Global Service Centre Pvt Ltd
Chennai
05.2021 - 10.2022
- Fraud aftercare investigation and support
- Fraud aftercare processing
- Fraud claims are routed to the fraud aftercare team under 'Aftercare' and 'Exceptions' queues.
- Performing investigation for the fraud claims
- Decisions are taken based upon the customer's profile, past claim history, usage pattern, merchant category code and other factors
- Cross-examining the customer's IP address usage and device ID logins.
- Decision flow matrix is followed based on FIFO method
- The claim is refunded once checks are done, else the claim is routed to the onshore team for further investigation.
- Document Management
- Documenting and uploading customer's response to the disclaimer sent from the case creation team.
- 'DCD' ID from the customer's document is checked with that of the disclaimer sent from the bank end.
- Ensuring the customer has given a valid response by signing the documents, else chaser mail is sent to the customer care team for providing a proper response from the customer.
- Fraud Dispute Cancel Request
- Case cancellation based upon request from the customer care team if the customer recognizes the transaction
- If the claim is already refunded, the pre-credit is re-debited through internal account transfer system
- Fee Review
- Reviewing whether interest has been charged for the period of fraud transaction and refunding it if any charges were incurred or suppressing in case of current charging period.
Junior Officer - Risk Control
HDB Financial Services
Chennai
03.2019 - 04.2021
- Fraud monitoring, Analysis, Prevention and Control - (Debit and Credit cards)
- Real time Online, POS, ATM monitoring done through Proactive Risk Manager.
- High value fraud cases are analysed in PRM and necessary corrective actions are taken to minimize the loss.
- Fraud trend analysis through transaction monitoring.
- Analysing and reviewing the suspicious transactions directly hit the system based on the rules imposed on the basis of fraud patterns reported in past cases.
- To analyse / assess / study in detail the pattern of frauds and risk involved, take preventive and corrective actions. Mitigate fraud through transaction pattern analysis.
- To prevent the high-level frauds both POS and Online limits are set particular values based on customer's requirement and International limits also enabled or disabled as per the customer request on both debit and credit cards.
- To prevent further fraud trends by constant monitoring. These are done current trend basis only
Education
Bachelor of Engineering -
Jerusalem College of Engineering
ChennaiSkills
- AML Fraud prevention
- Fraud control
- Fraud Investigation
- Anti money laundering – Transaction monitoring
- PEP screening
- Sanction screening
- Adverse media search and watchlist screening
- Credit card and debit cards fraud reporting
- Aftercare dispute Management
- Fraud Claims investigation
- Suspicious Activity Report
- Risk Analysis
Accomplishments
- Key contribution to efficiently identify and highlight MSBs in transactions.
- Impact: Easy identification of MSB involved in transactions, helping to check registration and identify red flags.
Languages
- Hindi
- Tamil
- English, Native
- Hindi, Advanced
- Tamil, Native
Languages
English
Beginner
A1
Hindi
Beginner
A1
Tamil
Beginner
A1
Timeline
Risk Analyst
Wegofin Digital Solutions
09.2025 - Current
Anti-Money Laundering - Specialist
Standard Chartered GBS
10.2022 - 09.2025
Fraud Analyst
Barclays Global Service Centre Pvt Ltd
05.2021 - 10.2022
Junior Officer - Risk Control
HDB Financial Services
03.2019 - 04.2021
Bachelor of Engineering -
Jerusalem College of Engineering