SURYA PRAKASH SV
Bengaluru
Summary
Analytical Compliance Analyst with 3 years of experience in the areas of AML - KYC and Fraud & Risk, adept at identifying and mitigating fraudulent activities. Possessing strong investigative skills and proficiency in data analysis, seeking to contribute expertise in fraud detection and prevention to a dynamic organization.
Overview
3
3
years of professional experience
Work History
Compliance Analyst - AML
TerraPay
Bangalore
03.2023 - Current
- Conduct CIP, CDD for all customers and EDD procedures for required customers
- Complete initial investigation for all clients in support of adhering to KYC policies and procedures.
- Perform research via internal and external sources, gather and analyze documentation in accordance with regulatory and KYC requirements.
- Perform EDD on high-risk customer and acquire additional information on such high-risk customer through clients as per regulatory requirements and KYC procedures.
- Monitor real-time transactions, account activities, and other relevant data sources to detect suspicious behavior and fraudulent patterns
- Developed and implemented fraud prevention strategies to enhance security measures and reduce fraud incidents
- Teamed up with internal legal teams to mitigate risks and minimize financial losses and creating a new rule for avoiding fraud and risk
- Prepare and submit Suspicious Activity Reports (SAR) and Unusual Activity Reports (UAR) in compliance with regulatory requirements
- Responding to regulatory inquiries and other requests from authorities related to submitted Suspicious Activity Reports
- Working with MLRO and escalating significant cases, reporting trends, monitoring and detecting of rare and/or new patterns Developed and maintained fraud detection models and algorithms to improve detection accuracy and efficiency
- Ensure compliance with applicable regulations and assist in regulatory audits or investigations as needed
- Prepared detailed reports and presentations on fraud trends, patterns, and mitigation strategies for management
- Assisted in the development and implementation of fraud prevention policies and procedures
- Facilitated training sessions for new joiners, providing comprehensive insights into the processes and procedures of the department.
- Conducting internal Audits & Assisting programs with team members
- Preparing monthly Dashboards - Team quality report, Team production details, Sending monthly volume details to senior management.
Process Analyst
Infosys
Bangalore
10.2021 - 12.2022
- Handling US BANK VISA cards - Fraud & Non-Fraud chargeback Issuer Pending-Re-presentment level.
- Experience and working information with chargeback processing in I st level and Pending Re-presentment of VISA regulations for USA regions.
- Maintain severe adherence to local and international chargeback official procedure.
- Work with team and management by communicating chargeback variance and sharing ideas and information.
- Working efficiently with PEGA & VISA rules for Cardholder side chargeback.
- On daily basis checking and processing the Auth and computer suspense entries.
- Downloading the reports from ONSHORE on daily basis and processing the CB.
- Monitoring & liquidating the disputes till the closure.
- Report daily status of escalated entries of TAT and ageing cases to managers and clients on a daily basis.
- Working in close collaboration with Clients throughout knowledge transition phases Ensuring that team is meeting SLS by generating different reports.
- Conducting internal Audits & Assisting programs with team members.
- A call with manager on daily basis to reduce referrals and suggest ideas to reduce the rejections.
- Monitored and resolved incoming cases and emails with (SLA).
- Responsible for preparing and validating monthly chargeback reports.
Education
BACHELORS - Commerce, General
T.J.P.S College, Acharya Nagarjuna University
05.2017
Skills
- Proficient in fraud detection software such as VISA VRM, CyberSource and Lexis Nexis etc
- Due diligence (EDD, CDD)
- Compliance Monitoring
- Suspicious activity reports (SAR's)
- Fraud Detection and Prevention
- Risk Assessment and Mitigation
- Compliance Management
- Investigative Techniques
- Data Analysis and Reporting
- Knowledgeable in financial regulations and compliance standards
Accomplishments
- AWARDED FOUR TIMES WITH THE R&R AWARD
- AWARDED WITH THE INDIVIDUAL EXTRA MILER AWARD
Applications
- Lexis Nexis
- VISA RISK MANAGER (VRM)
- Cybersource
- Scribble
- World-Check, Online registry searches
- VISA VCR (VROL)
- PEGA
- Blue zone
- Document Direct
- ATM Vision
Traits
- Creative
- Proactive
- Interactive
- Introspective
Timeline
Compliance Analyst - AML
TerraPay
03.2023 - Current
Process Analyst
Infosys
10.2021 - 12.2022
BACHELORS - Commerce, General
T.J.P.S College, Acharya Nagarjuna University
Similar Profiles
Lavenia StanislausLavenia Stanislaus
Senior Compliance & Legal Professional at TerrapaySenior Compliance & Legal Professional at Terrapay
Rohan VazapullyRohan Vazapully
Senior Associate - EDD Team at TerraPaySenior Associate - EDD Team at TerraPay
Udita PramanikUdita Pramanik
Program Manager at TerraPayProgram Manager at TerraPay