Satish Chinta
Ethics & Compliance Professional
Bangalore
Summary
Enthusiastic and self-motivated AML Analyst with 3+ years of experience and a proven track record of maintaining a zero error ratio in Quality Assurance. Consistently delivers exceptional results, exceeding expectations in case management. Instrumental in detecting and preventing money laundering activities, effectively safeguarding the integrity of financial systems.
Overview
4
4
years of professional experience
1
1
Language
Work History
Due Diligence Coordinator
Wells Fargo
01.2024 - Current
- Conducts background investigations on customers and related parties submitted by the clients
- Screening bank's clients such as business entities, beneficial owners, and other individuals by referring various screening methods
- Conducts PEP determinations on individuals and entities and provide report whether it is politically exposed person or PEP owned company to clients
- Providing disposition to all records by using standard verbiage comments
- Reports confirmed & true hits to clients and will perform enhanced review on customer by creating case
- Due diligence investigations activities include screening customers and prospects against the Office of Foreign Asset Control (OFAC), Politically Exposed Persons (PEP), the internal Bank Secrecy Act ((BSA) Hot List, and other regionally based sanctions
Transaction Monitoring L1 8L2 Associate
HSBC
06.2022 - 01.2024
- Analysed alerts and investigate transactional activities to detect any suspicious of money laundering or terrorist financing activity
- Performed analytical reviews on transactional data sets, compose clear summaries of all findings and recommend further investigations
- Performed in depth research within banking systems as well as other open and closed sourced systems to investigate customer and transactional activities
- Prepare the case analysis report on the customer account activity in case of suspicion and submit the report to L3 for Further investigation, which helps them to take a call and filing a Suspicious Activity Report
- (SAR)
- Identify red flags situations and escalate in line with policy and procedures
- Constantly interacting with RFI teams for better insight to frame questions and to get a complete and clear response from relationship managers, and interacting with RFI SPOC for more detailed clarifications and validations
Account Associate
Narasimha Murthy And Associates
03.2021 - 01.2022
- Carried out KYC to comply with ROC regulation
- Performed concurrent bank audits on quarterly basis and generate report
- Worked on GST reconciliation
- Systematic and timely examination of financial transactions and checking loan and deposits documents as per procedure
Education
Bangalore University - undefined
Bangalore University
01.2017 - 1 2021
CS Foundation - undefined
CS Foundation
Skills
Investigative Skills
Disclaimer
I hereby declare that the information and facts stated above are true and correct to the best of my knowledge and belief.
Timeline
Due Diligence Coordinator
Wells Fargo
01.2024 - Current
Transaction Monitoring L1 8L2 Associate
HSBC
06.2022 - 01.2024
Account Associate
Narasimha Murthy And Associates
03.2021 - 01.2022
Bangalore University - undefined
Bangalore University
01.2017 - 1 2021
CS Foundation - undefined
CS Foundation
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