Rajath Bambore
Bangalore
Summary
AML/CFT professional who gained 4.4+ Years of Successful overall experience in the career and 2.5 years of experience across KYC Review, Sanctions Screening, and Transaction Monitoring at Wells Fargo International Solutions PVT Ltd. I am seeking an opportunity in the Financial Crime Compliance space to use My abilities for organizational growth and continue developing a career in the broader spectrum of Financial Crime Risk Management.
Overview
4
4
years of professional experience
Work History
AML KYC Analyst
Wells Fargo
Bangalore
05.2021 - 09.2023
- Investigate the alerts generated by TM systems and ensure the unusual activities are reviewed and closed or escalated appropriately in accordance with regulatory requirements where appropriate.
- Review data from media reports and appropriate websites to identify customers involved in crime/ML/terrorism etc.
- Review the authenticity of the transactions within each alert i.e. check the principal activities of the customer to ensuring transaction patterns or activities are not unusual, and if found unusual, e.g. Transaction is out of line with the client’s normal business activity, then enquire into the same using RFI (Request for Information) process.
- Experienced in investigation tools- Actimize, Lexis Nexis and World Check, and other open search database like, Corporate registry, negative media string search, other relevant reliable information supporting the investigation.
- Performed KYC and Sanction reviews, ensuring activities are reviewed in a holistic manner across the financial products availed by the customers.
- Ensured CDD is properly performed by the LOBs and EDD is applied in case of high-risk customers to mitigate ML/ TF risks.
- Compile evidence and documentation in compliance with regulatory requirement.
- Demonstrated ways to improve customer service and increase productivity.
- Provided accurate and valid referrals to the respective Level 2, in case of potential suspicious activity identified.
- I have made sure that issues / problems are effectively investigated and resolved or are appropriately referred with recommendations to the Line Manager.
- I have supported the new team members by mentoring them in their learning curve.
- Experience in Identifying OFAC and PEP Sanctions risks on Banking clients.
- Experience in reviewing and investigating Sanctions and PEP related hits generated in Alert monitoring system, and determine if the hits are True match or false positives and accordingly escalate or close the alert.
- Experience is researching involved parties information using internal and external databases.
Loan Document Processor
Wells Fargo
Bangalore
05.2019 - 04.2021
- Coordinated the final stages of mortgage loan processing, ensuring timely and accurate funding of loans.
- Verified borrower information, loan terms, and documentation to ensure compliance with regulatory and company standards.
- Collaborated with loan officers, underwriters, and title companies to resolve any discrepancies or issues that could impact funding.
- Monitored funding deadlines and ensured that loans closed and funded on schedule.
- Set up wire transfers for timely funding.
- Authorizing settlement agent to disburse the loan.
- Conducted audits and quality checks on funding documents to minimize errors and discrepancies.
Education
MBA - Finance
JSS Centre For Management Studies
Mysore07-2018
B.com -
Government First Grade College
Soraba06-2016
Skills
- I have an understanding of TM and KYC procedures and how to apply them within a TM and KYC review activity
- Acquired good theoretical knowledge of KYC, Anti-Money Laundering (AML) and Sanctions
- Attention to detail
- I am highly motivated to deliver results to the right standards and targets
- I have capabilities to demonstrate excellent analytical skills and problem solving, self-motivation and possess an enquiring mind
- I will demonstrate good team working skills and the ability to work efficiently and accurately under pressure
- I will have the ability to adapt to change
Languages
English
First Language
kannada
Advanced (C1)
C1
personal details
- Name : Rajath Bambore
- Father Name : Ramanath Bambore
- Date of Birth : 04-09-1994
- Gender : Male
- Marital Status :Unmarried
- Religion: Hindu
- Nationality: Indian
- Languages: English,Kannada and Marathi
Declaration
I hereby declare that all the above information is correct accurate. I solemnly declare that all the information furnished in this document is free of errors to the best of my knowledge.
Date: (Your Sincerely)
Place: Bangalore Rajath Bambore
Timeline
AML KYC Analyst
Wells Fargo
05.2021 - 09.2023
Loan Document Processor
Wells Fargo
05.2019 - 04.2021
MBA - Finance
JSS Centre For Management Studies
B.com -
Government First Grade College
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