Sreekanth Setturu

Project: Bank of America(BOFA)

Experience in handling all KYC requirements.

Conduct daily team huddles with associates to discuss daily updates.

Sending daily EOD report to managers.

Provide training to associates if any process update.

Attending clients calls to discuss about process updates, SOP.

Identifying Anti-Money laundering patterns (like Adverse media negative news/OFAC news, PEP investigations, Suspicious activities, Sanctions- via classifying the customer's type (Private Company, Foundation, Trust, Banks, Corporation etc.) to ascertain shareholding/ownership structure of an organization, beneficial owners, Control Prong etc.

Responsible for data remediation to meet customer and third pay due diligence standards as per the KYC norms and US regulatory policies.

Responsible for drafting the source of wealth corroboration & performing the third-party screening.

Performed deep research to understand the main source of wealth, providing insights after investigating the case, providing recommendations on case escalation- resolution as per the AML issues.

Responsible for profiling target entities in order to understand the litigation and reputation by conducting background investigations on entities and individuals relating to prospective business transactions, third- party relationships, investments, internal investigations and business disputes by leveraging open source and proprietary databases and tools.

Review the new client on-boarding requests received through Internal systems based on Client type and domiciled country. Hands on experience in AML transaction monitoring.

Knowledge on ACH transactions.

Experience in Corporate/Entities KYC.

Good idea of using internal and external tools to search KYC verification.

Knowledge on products like SWIFT, Positive pay, reverse positive pay, ESCROW, CashPro online, ACH Origination, Account reconciliation, Lockbox, RDSO Etc.

Knowledge of checking documents like MOA, AOA, T&C Documents Etc.

Complete knowledge on full KYC process (CIP, CDD and EDD) Good idea in filing STR's.

Experience in transaction monitoring for banking related transactions.

• Reviewing the Accounts to detect Fraud Transactions
• Liaise with clients on account related issues, resolving problems and ensuring high levels of customer care
• Analyze ‘Fraud Patterns’ and create counter measures to mitigate fraud
• Performing KYC check and investigating documents
• Determining difference between original documents and fake documents
• Monitoring transactions of credit cards held by Corporate KYC clients like public Ltd companies and private limited companies and make a detailed analysis by their usage of credit limit and their spending’s.
• Complete CDD procedure to carry out if any PEPs found EDD will be done to them.
• Gathering of client information and identifying Company structure, to find UBO in order to maintain transparency of account in and out flow
• Checking if documents adhere to company policies
• Hands on experience on AML and KYC
• Very good knowledge on complete KYC process (CIP, CDD and EDD etc.)
• Hands on experience in Investigating withdrawals(cash-outs)
• Analyze records of Affiliate accounts, to ascertain whether there are any irregularities
• Analyze customer deposits and account categories, to prevent fraud, correct errors and resolve problems
• Detect and research cases on Account Hacking, and Money Laundering (AML)
• Controlling Charge-Back (CB) cases on account
• Work with colleagues in other departments to resolve account-related issues and prevent fraud.

• Projects : Consumer Wallet (GOOGLE)
• Roles and Responsibilities:
• Diverse responsibilities in peer to peer service of Google wallet customer account review and approve transactions by working on Customer Investigation Tool(CIT)
• To logically understand with various signals of customer’s account and to distinguish it from genuine and fraud
• Distinguishing Genuine and fraud or Hijacked wallet account of the customer, Peer2peer is a part of Google wallet which deals with high risk transactions
• To detect fraud rings and stop them to avoid chargebacks
• Meeting daily targets with 100% accuracy
• Reviewing the online money transactions made by customer
• Investigate the history of Customer previous transaction’s made using Google Wallet
• Take the necessary action on the transaction.

• Quality Check
• Finding the errors of the employees
• Giving Feedback to employees on their error’s
• Team coordination for better efficiency and productivity
• Weekend reviews and team work
• Product presentation (PPT)
• Project Title : Ibodha Website, Resolving customers issues over phone or E-mail
• Escalating issue to necessary teams
• Updating regarding the solution of issue to customer
• Conducting Weekly Meetings
• Work scheduling
• Team coordination.