Summary
Overview
Work History
Education
Skills
Websites
Certification
Awards
CUSTOM
Disclaimer
LANGUAGES
Timeline
Generic
SAITEJA VELAMATI

SAITEJA VELAMATI

Hyderabad

Summary

Results-driven Financial Crime Analyst with a strong background in investigating financial crimes, conducting comprehensive risk assessments, and implementing effective compliance measures. Proven success in collaborating with cross-functional teams to mitigate risks while ensuring adherence to regulatory standards. Committed to enhancing organizational integrity through proactive risk management and strategic compliance initiatives.

Overview

4
4
years of professional experience
1
1
Certification

Work History

AML/KYC Senior Officer

Citco Fund Services INDIA LLP
12.2024 - Current
  • Conducted KYC formality reports on questionable accounts and transactions.
  • Adjusted end-to-end KYC process needs to align with workforce capabilities.
  • Performed periodic reviews and reports on merchants to comply with rules, regulations and KYC requirements.
  • Consulted with compliance department to create regulatory reports.
  • Educated staff on anti-money laundering and financial crimes to escalate concerns to senior members of the team.

client onboarding specialist/ Fincrime specialist

UBS Business Solutions (India) Private Limited
06.2021 - 12.2024
  • Conducting compliance audits to ensure adherence to regulations and internal policies
  • Monitoring and analyzing regulatory changes and updating policies and procedures accordingly
  • Investigating and resolving compliance issues and discrepancies
  • Training employees on compliance guidelines and regulations
  • Collaborating with internal departments to implement compliance controls and measures
  • Maintaining compliance records and documentation
  • Participating in regulatory examinations and audits
  • Reporting on compliance activities to senior management
  • Developing and implementing compliance monitoring programs
  • Assisting in the development of compliance risk assessments and mitigation strategies
  • Conducting initial client due diligence to gather necessary information and documentation for account opening
  • Conducting enhanced due diligence on higher risk clients to ensure compliance with regulatory requirements
  • Reviewing and approving account opening requests
  • Conducting ongoing monitoring of client accounts for suspicious activity or red flags
  • Investigating and escalating any potential money laundering or terrorist financing activity
  • Liaising with various internal teams to gather additional information on clients or transactions
  • Keeping up to date with regulatory requirements and changes in AML/KYC procedures
  • Collaborating with the compliance team to implement new policies and procedures for client onboarding and Fincrime prevention.
  • Experience in financial services industry with a focus on client onboarding and financial crime prevention
  • Responsible for conducting due diligence on new clients and ensuring compliance with regulatory requirements
  • Facilitate the onboarding process for clients by gathering necessary documentation and information
  • Monitor client transactions for suspicious activity and report any findings to the compliance team
  • Stay up to date on industry regulations and best practices for client onboarding and financial crime prevention
  • Collaborate with internal teams to streamline processes and improve efficiency in client onboarding
  • Provide training and guidance to other team members on client onboarding procedures and best practices.

Compliance analyst

On-Demand Agility solutions India Pvt Ltd
04.2021 - 06.2021
  • Compliance Analyst
  • Perform KYC periodic reviews on risk-based schedule
  • Contributing ideas and participating in efforts to further improve the process
  • Identifying various risk factors associated with clients such as exposure to sanctioned countries, PEP influence etc.
  • Utilize broad compliance knowledge to formulate decisions making through usage of LN reports, D&B reports , Bloomberg etc
  • Achieved monthly targets
  • Learned in-depth usage of Public sources information
  • Converted into Permanent employee of UBS with in span of 8 months
  • Team Player

Education

MBA - Financial Management

K L BUSINESS SCHOOL
Gundur, India
05-2021

BACHELOR IN ACCOUNT - FINANCIAL ACCOUNTING

ANDHRA UNIVERSITY
Visakhapatnam, India
03-2019

Skills

  • AML/KYC DUE DILIGENCE
  • Financial Crime/Fraud Prevention
  • Escalation / Compliance Management
  • Quality Control & Assurance
  • Stakeholder management
  • Market research

Websites

Certification

  • Diploma in Project management Alison 2023-03-26
  • Financial Markets Coursera 2021-01-01
  • Personal & Family financial Planning Coursera 2020-04-01

Awards

1.Star of the week UBS Business Solutions (India) Private Limited 2023-08-03, Received multiple times of Star of the week awards for achieving the big targets & urgency clients with accurate quality.

2.Star of the month in Citco Fund services India LLP with in short span of 4 months


CUSTOM

1. Lexis Nexis

2. Dun & Bradstreet

3. RDC (Regulatory Data Corporation)

4. Bankers Almanac

5. Open corporates

6. Robotic process Automation tools for Sanctions & VBA checks

7. Approved public data channels

Disclaimer

I hereby declare that the above-mentioned information is correct to the best of my knowledge and I bear the responsibility for the correctness of the above mentioned. I will work hard to satisfy and uphold the organizations expectation. Place: Hyderabad

LANGUAGES

English
Telugu

Timeline

AML/KYC Senior Officer

Citco Fund Services INDIA LLP
12.2024 - Current

client onboarding specialist/ Fincrime specialist

UBS Business Solutions (India) Private Limited
06.2021 - 12.2024

Compliance analyst

On-Demand Agility solutions India Pvt Ltd
04.2021 - 06.2021

MBA - Financial Management

K L BUSINESS SCHOOL

BACHELOR IN ACCOUNT - FINANCIAL ACCOUNTING

ANDHRA UNIVERSITY

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