Venkatesh Madugula
Senior AML KYC Analyst
Hyderabad
Summary
Experienced banking professional with 5.6 years of expertise in Anti-Money Laundering (AML), Know Your Customer (KYC) processes, and regulatory compliance. Skilled in preparing and analyzing MIS reports to support management decision-making and operational efficiency. Proven track record in streamlining banking operations, ensuring adherence to compliance standards, and mitigating financial risks. Adept at stakeholder coordination, process improvement, and delivering accurate reporting under tight deadlines. Seeking to leverage analytical skills and domain knowledge to contribute to organizational growth and compliance excellence.
Overview
6
6
years of professional experience
3
3
Certifications
Work History
Senior AML KYC Analyst
Cognizant
02.2024 - Current
- Conducted end-to-end KYC reviews for Individual, SME, Corporate, and High-Risk clients in line with regulatory and internal AML policies.
- Performed Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) for PEPs, MSBs, charities, and high-risk jurisdiction clients.
- Identified and verified Ultimate Beneficial Owners (UBOs) and analyzed complex ownership structures including layered and offshore entities.
- Assessed Source of Funds (SOF) and Source of Wealth (SOW) to mitigate financial crime risk.
- Assigned customer risk ratings using a risk-based approach considering geography, industry, product, and transactional risk.
- Conducted periodic and trigger event reviews to ensure ongoing compliance and updated risk profiles accordingly.
- Performed sanctions and PEP screening against global watchlists (OFAC, UN, EU, HMT) and resolved potential matches.
- Conducted adverse media research to identify reputational and financial crime risks.
- Ensured compliance with FINTRAC regulations and FATF guidelines.
- Maintained detailed case documentation and audit-ready files meeting internal quality and SLA standards.
- Mentored junior analysts and assisted in reviewing complex/high-risk cases.
- Contributed to process improvements and regulatory change implementation initiatives.
Senior KYC Analyst
KFINTECH LTD
10.2022 - 02.2024
- Collected, reviewed, and verified KYC documents including identity proof, address proof, and business registration documents.
- Validated corporate documents such as Certificate of Incorporation, MOA/AOA, partnership deeds, and trust deeds.
- Identified and verified Ultimate Beneficial Owners (UBOs) and ownership structures.
- Conducted customer risk profiling based on internal policies and regulatory guidelines.
- Conducted periodic KYC reviews and updated expired or missing documentation.
- Ensured compliance with SEBI, guidelines during transaction reviews for Mutual funds.
- Conducted KYC checks for nominees including identity verification, documentation, and risk assessment.
- Ensured nominee information was accurately captured in core banking systems to maintain regulatory compliance and audit readiness.
- Prepared and validated daily Transactions from BSE, NSE, and HSBC Bank.
- Reconciled trades and monitored opening and closing balance mismatches.
- Generated MIS reports and supported AMC communications within TAT.
- Processed investor refunds related to KYC discrepancies.
- Resolved service requests while ensuring compliance and accuracy.
Senior Officer
ICICI BANK LTD
09.2019 - 11.2021
- Executed detailed review of new account applications to ensure adherence to onboarding guidelines.
- Conducted verification of legal entity names, registration numbers, and tax identification details.
- Tracked and resolved onboarding exceptions raised by internal control teams.
- Identified incomplete submissions and proactively communicated deficiencies to stakeholders.
- Maintained updated knowledge of KYC policy changes and regulatory requirements.
- Executed detailed review of new account applications to ensure adherence to onboarding guidelines.
- Maintained updated knowledge of KYC policy changes and regulatory requirements.
Education
MBA - Finance
Osmania University
01-2021
Degree - MPCS
Mahatma Gandhi University
01-2018
Skills
Customer Due Diligence (CDD) & Enhanced Due Diligence (EDD)
Know Your Customer (KYC) Compliance
Ultimate Beneficial Owner (UBO) Identification
Sanctions Screening & PEP Screening
Transaction Monitoring & Alert Investigation
Suspicious Activity Reporting (SAR/STR)
Risk-Based Customer Risk Assessment
Regulatory Compliance (FINTRAC, FATF, local AML regulations)
Adverse Media & Background Screening
Periodic KYC Reviews & Trigger Event Reviews
Certification
Anti-Money Laundering Concepts: AML, KYC and Compliance - Udemy
Timeline
Anti-Money Laundering Concepts: AML, KYC and Compliance - Udemy
01-2026
The Complete AML & KYC Compliance Masterclass- Udemy
01-2026
End to End AML KYC (Anti-Money laundering and KYC) - Udemy
01-2026
Senior AML KYC Analyst
Cognizant
02.2024 - Current
Senior KYC Analyst
KFINTECH LTD
10.2022 - 02.2024
Senior Officer
ICICI BANK LTD
09.2019 - 11.2021
Degree - MPCS
Mahatma Gandhi University
MBA - Finance
Osmania University