VIJAY KUMAR GUMMALA
ANALYST
VISAKHAPATNAM
Summary
Detail-oriented and analytical AML/KYC Analyst. conducting due diligence, onboarding clients, and ensuring compliance with anti-money laundering regulations. Proficient in handling high-risk accounts, reviewing alerts, and preparing SARs. Adept at identifying red flags and working within tight regulatory deadlines. Strong understanding of KYC, CDD, and EDD processes.
Overview
6
6
years of professional experience
1
1
Certification
3
3
Languages
Work History
Analyst
Wipro LTD
11.2023 - Current
- Conducted transaction monitoring to detect and investigate suspicious activities in line with AML regulations and internal compliance policies.
- Analyzed transaction data to identify fraudulent activities, resulting in a 20% reduction in fraud-related losses.
- Developed and maintained documentation for fraud detection processes, improving team efficiency by 15%.
- Generated detailed reports and dashboards for senior management, highlighting critical risk indicators, and investigation outcomes.
- Developed and maintained documentation for fraud detection processes, improving team efficiency by 15%.
- Contributed to the development and implementation of fraud mitigation strategies based on data analysis.
- Conducted enhanced due diligence (EDD) by reviewing KYC documentation and risk profiles of high-risk customers.
- Assess risk factors and trends of potentially fraudulent activity.
- Monitored compliance with AML regulations and internal control frameworks.
- Assisted in internal audits, regulatory inspections, and responded to information requests from financial intelligence units (FIUs).
Accountant
COSMIC POWER SYSTEMS PVT LTD
10.2019 - 12.2022
- Recording the daily purchases and sales transactions, and creating groups for vendors, customers, expenses, and incomes in the respective ledgers.
- Making advance payments to vendors as per pro forma invoice and ensuring that the vendor invoice matches accordingly after receipt of material.
- Preparing and updating the vendor master list, G/L account balances, and outstanding vendor payment list on a monthly basis.
Education
MBA - Finance
Andhra University
Visakhapatnam, India 04.2001 -
Bachelor of Commerce - Finance
Andhra University
Visakhapatnam, India 04.2001 -
Skills
MS Excel
Documentation and reporting
Report preparation
Fraud Detection and Prevention
KYC and AML Compliance
Document verification
Red Flag recognition
Research Skills
Transaction Monitoring
Sanctions
Certification
AML & KYC Certification
Timeline
AML & KYC Certification
04-2025
Analyst
Wipro LTD
11.2023 - Current
Accountant
COSMIC POWER SYSTEMS PVT LTD
10.2019 - 12.2022
MBA - Finance
Andhra University
04.2001 -
Bachelor of Commerce - Finance
Andhra University
04.2001 -
SOFT SKILLS
- Time Management
- Problem-Solving
- Team Collaboration
- Communication
- Adaptability
- Teamwork
Declaration
- I hereby declare that the above information is true to the best of my knowledge and belief.