Summary
Overview
Work History
Education
Skills
Awards
Timeline
Generic

Vaibhav Kulkarni

Hyderabad

Summary

A goal-driven and Experienced AML professional with over 8 years of AML analysis and Know Your Customer, transaction alerts clearing, narratives writing and Suspicious Activity Report filing. Proficient in the analytical aptitude of Customer Due Diligence and Enhanced Due Diligence process and methodology to identify patterns and trends to communicate risks to management.

Overview

10
10
years of professional experience

Work History

Investigator

HSBC
09.2023 - Current
  • Conducting thorough and timely investigation into assigned cases, adhering to reporting requirements and service level agreements
  • Reviewing alerts generated by DRA and handling single cases from start to finish across all levels of investigation for different products, including retail and commercial banking accounts
  • Independently completing assigned tasks and submitting high-quality investigation reports or closing summaries within established SLAs
  • Validating customer KYC and KYB documents, ensuring transactional activity aligns with known customer information
  • Managing complex cases involving PEP, high risk jurisdictions, international wires, and multi-relationship accounts
  • Identifying and recommending appropriate referrals for action, including exit recommendations, KYC/CDD referrals, and referrals to other investigation teams
  • Conducting thorough investigations by utilizing various information sources such as open-source searches
  • Conducting screening on the involved parties to identify any adverse information such as negative news or would check hits and validate results
  • Collaborating with other teams to ensure effective and efficient investigations
  • Maintaining accurate and detailed records of investigations and findings.

Senior Associate

HSBC
12.2022 - 08.2023
  • Review alerts from TM systems and ensure appropriate escalation of anomalous activities as per regulatory requirements
  • Utilize available systems and information to verify transaction authenticity of each alert
  • Investigate any unusual transactions, such as those are not aligning with the client’s typical business activity
  • Document reasons for actions taken during investigations on alerted transactions
  • Follow process requirements based on established procedures and standards
  • Independently complete assigned tasks with in the delegated timeline according to process benchmarks
  • Conduct external searches on customers and other involved parties for adverse information such as past criminal records
  • Verify the legitimacy of transactions flagged by the TM systems
  • Take the necessary steps to address any suspicious activities during the review process
  • Ensure customer relationship is aligned with compliance and internal policies, while overseeing alerts.

Risk Analyst

Sol Insight Private Limited
Hyderabad
07.2021 - 09.2022
  • Review and verify the data, documentation as a part of company's standard policies
  • Increases the percentage of win cases for chargeback disputes
  • Followed through all the Responsible Gaming Procedures and risk levels
  • Adhere to the Anti-Money Laundering policies and procedures, ensuring the source and destination of funds are legitimate.

Fraud Risk and Payments Specialist

Pokerstars
02.2019 - 07.2021
  • Responsible to review and process real-money transactions and transfers, customer KYC documentation action system alerts generated by customer activity
  • PEP identification and Adverse media research depending upon the risk involved
  • Monitor player accounts for compliance with online gaming license regulations
  • Guided the implementation of strategies designed to achieve planned goals.

KYC Analyst

Ivy Comptech Private Limited
02.2017 - 11.2018
  • Responsible for customer support, Online Payments processing, and operations with good exposure in the field of Risk Management and Fraud Control
  • Ensuring all KYC documents are genuine by cross checking in the database and online verification portals
  • Approval of Cash outs after complete research on KYC, Financials, Fraud patterns to avoid Money Laundering
  • Prevention of Chargeback, minimizing financial risk to the Organization.

AML Analyst

HSBC
04.2014 - 02.2017
  • Verified all aspects of Customer Level monitoring alerts triggered on a daily and monthly basis, ensuring the clean money only is allowed to passthrough and reported remaining suspicious accounts based on the transactional behavior
  • Client Screening and reviewing of Sanctions
  • Ensure good processes are in place regarding the team’s operating procedures
  • Managing and investigating Anti Money Laundering /Counter Terrorist Financing and PEP alerts
  • Conducted enhanced due diligence research in attempts to find derogatory/ background information used to aid client advisor decisions in initiating, maintaining or closing business relationships.

Education

B.Tech (Information Technology) -

Indur Institute of Engineering and Technology
06.2013

Intermediate -

Vijwala Junior College
04.2009

10th Standard -

Celestial Model High School
04.2007

Skills

  • High-Risk Account Reviews
  • Negative News Search
  • PEP
  • Enhanced Due Diligence comprehension and screening
  • Risk Rating Methodology and Risk

Awards

Rising Star and Best Performer for the Quarter, HSBC, 11/25/16

Timeline

Investigator

HSBC
09.2023 - Current

Senior Associate

HSBC
12.2022 - 08.2023

Risk Analyst

Sol Insight Private Limited
07.2021 - 09.2022

Fraud Risk and Payments Specialist

Pokerstars
02.2019 - 07.2021

KYC Analyst

Ivy Comptech Private Limited
02.2017 - 11.2018

AML Analyst

HSBC
04.2014 - 02.2017

B.Tech (Information Technology) -

Indur Institute of Engineering and Technology

Intermediate -

Vijwala Junior College

10th Standard -

Celestial Model High School

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Vaibhav Kulkarni