Summary
Overview
Work History
Education
Skills
PERSONAL DETAILS
Declaration
Timeline
Generic

Srinivas Suresh

Bengaluru

Summary

Having 3 years of experience in anti-money laundering, transaction monitoring, investigations, fraud operations, and sanctions due diligence. Proven expertise in conducting global KYC audits, account introduction audits, sanctions screening, and periodic review audits. Possesses strong knowledge of U.S. AML regulations, compliance frameworks, screening tools, and international company registry portals. Highly collaborative and team-oriented, passionate about contributing to high-performing teams that value continuous learning, knowledge sharing, and quality delivery.

Overview

3
3
years of professional experience

Work History

Process Delivery Specialist

IBM
Bengaluru
05.2024 - Current
  • Ensuring that staff apply all regulatory and corporate AML standards to performing due diligence on new clients, and during ongoing renewals of the client profiles.
  • Conduct Customer Due Diligence/Enhanced Due Diligence, and assess the risk of the client.
  • Enhanced Due Diligence was performed on entities via LexisNexis, Google, World-Check, and Dun & Bradstreet.
  • Worked on the KYC process for individuals, clients, and exposure to global markets.
  • Calculating the Financial Crime Risk Rating (Low, Medium, and High) of all clients based on their nature of business, country of incorporation, primary business operation locations, level of accountability, type of products, etc.
  • Documentation of the KYC record of the client, which includes the Client Profile, Name Screening, Product Profile, PEP status, Associated Members, and assigns a Risk rating for the Client.
  • Obtaining IRS forms, such as the W-9, W-8 BEN, W-8 BEN-E, and CRS (Common Reporting Standard) forms, etc.
  • Conduct AML and sanctions screening, negative news search using tools for screening: Lexis Diligence, World Check, and Forces checks.
  • Identify the negative news, PEP, sanctions, and high-risk indicators on customers and connected parties; escalate material hits to HRR (Higher Risk Review) and FCC (Financial Crime Compliance).
  • Reviewing the triggered payment and finding the reason for the triggered event, checking the prior payment history for both the customer and beneficiary of the triggered payment.
  • Reviewing transactional patterns, relationships, Cyber Alerts, and performing a holistic review, which includes payment patterns and collecting beneficiaries' information from internal and external sources of the customer and beneficiary.
  • Investigation of all types of transactions (ACH, checks, cash outs, domestic wires, and international wires).
  • Associating with QA and the Bank leads to streamlining the gaps between the DTP and Makers teams.
  • Identifying the beneficial ownership structures, including IBOs and UBOs.
  • Conducting reviews based on the type of alert for high-risk and auto high-risk customers.
  • Being part of the Quality Checker Team for 10 months, I reviewed the case end to end, identifying the errors regarding ownership structure, full name capturing according to IDV, discounting of hits, and identifying a more detailed nature of business and BSA code capturing.
  • Review and investigate PEP screening alerts utilizing the client screening system, internal Customer Due Diligence systems, and third-party sources.
  • Transaction review analysis for the retail, commercial and correspondent banking. Identifying potential negative news hits on cases and summarizing the case before raising high risk review for financial crime compliance team.
  • Served as the final gatekeeper in the process by thoroughly reviewing end-to-end customer profiles, analyzed by the team. Ensured all standards and procedures were met, addressing any discrepancies prior to submission to Quality Assurance, with a focus on delivering 100% accurate cases.

AML &

Cognizant
Bengaluru
05.2022 - 02.2023
  • To understand client requirements, perform data validations, and compute results based on the defined guidelines provided with the objectives of helping the clients in a timely manner within the limits of the organization's and clients' guidelines.
  • Conducted investigations on triggered alerts based on various detection scenarios.
  • Performing KYC/AML operations with corporate procedures and checklists.
  • Perform Customer Identification Programme (CIP), due diligence – CDD, EDD, transaction monitoring, politically exposed persons (PEP), and ongoing monitoring.
  • Responsible for handling appeals made by customers, and verifying their documents to reopen the account.
  • Conduct proper due diligence on clients based on country risk level, entity nature of business, and collect required documents as per KYC policy and guidelines to ensure 100% quality.
  • End-to-end KYC for the clients.
  • Ensured CDD is properly performed by the LOBs, and EDD is applied in cases where warranted to mitigate money laundering and terror financing.
  • Strong analytical skills, with the ability to identify potential risks and red flags.
  • Maintaining an error-free rate above 90%.
  • Conducted sample QC checks for the cases performed by the team.
  • Completion of each Due Diligence Form within the given SLA, and filling out the SAR.
  • Proactive and responsible approach to urgent requests and queries from onshore.
  • Meet key performance indicators (AHT, productivity, quality, PKT, targets), SLAs, and maintain consistent monthly quality standards.
  • Consolidating the end-of-the-day (EOD) TTR report.

Education

Bachelor of Commerce: - Accounting & Finance

GITAM UNIVERSITY
VISAKHAPATNAM
01-2022

PRE-UNIVERSITY - Accounting And Finance

ORIENT COLLEGE
YADGIRI, KA
01-2017

High School Diploma -

ST. JOSPEH’S INDIAN HIGH SCHOOL
Bengaluru
01-2015

Skills

P R O F E S S I O N A L S K I L L

  • Root cause analysis
  • Risk assessment
  • Ability to work independently
  • Multitasking
  • Data analysis

T E C H N I C A L S K I L L

  • Process improvement
  • Analysis, and reporting
  • Microsoft Office Suite (Excel, Word, Outlook) and (Pivot tables, VLOOKUP)
  • Team collaboration
  • Workflow optimization

PERSONAL DETAILS

  • Date of birth: June 16, 1999
  • Father's name: R. Suresh
  • Nationality: Indian
  • Marital status: Single
  • Leisure and interests: watching anime, cooking, traveling, and Gaming.

Declaration

I hereby declare that the details accomplished above are true to my best knowledge and belief 

Place: Bangalore                                                                                   (Srinivas Suresh)

Date:

Timeline

Process Delivery Specialist

IBM
05.2024 - Current

AML &

Cognizant
05.2022 - 02.2023

Bachelor of Commerce: - Accounting & Finance

GITAM UNIVERSITY

PRE-UNIVERSITY - Accounting And Finance

ORIENT COLLEGE

High School Diploma -

ST. JOSPEH’S INDIAN HIGH SCHOOL

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