Pravallika Kamarthi
Hyderabad
Summary
11 Years of Professional career in multifaceted domains like Branch Banking, KYC, AML, Transaction Monitoring, Financial Crime Compliance, Investment Banking, Risk Management, Crypto Currencies, Digital Media and Internet Marketing.
Overview
12
12
years of professional experience
Work History
Team Lead
PricewaterhouseCoopers Pvt Ltd
12.2023 - Current
- Trained on Cryptocurrency Compliance, Digital Wallets, Mint Accounts, Bitcoins, On-Ramping, Off-Ramping, Blockchains & USDC/EURC transactions.
- Review & Confirming that the periodic reviews adhere to cryptocurrency compliance standards, including AML and KYC requirements.
- Conducted QC checks on periodic reviews performed by analysts on cryptocurrency transactions, focusing on bitcoins, digital wallets, mint accounts, on-ramping, off-ramping, EURC and USDC.
- Monitored and evaluated blockchain transactions to identify anomalies, potential fraud, and compliance issues, ensuring the integrity of the cryptocurrency platform.
- Review & QC the process for classifying customer risk profiles, considering factors like the use of bitcoins and stablecoins.
- Ensure that the risk classifications are well-documented and aligned with established criteria.
- Supervised team members to confirm compliance with set procedures and quality requirements.
- Managed leave requests and absences and arranged covers to facilitate smooth flow of operations.
Subject Matter Expert - KYC Analyst
UBS Business Solutions (India) Pvt. Ltd
10.2019 - 04.2023
- Perform periodic KYC reviews on risk-based schedule
- Stake holder management of key clients
- Coordination and collection of client specific information along with performing due diligence and updating the KYC records for global jurisdictions-EMEA, APAC, MENA & South America
- Work with clients and internal partners to obtain all necessary support documentation to ensure completion of KYC records for complex client types in complex regulatory environments
- Identify red flag situations and escalate in line with policy and procedures
- Communicating directly with client and sales to obtain KYC documentation and validation
- Applying regulatory requirements such as MiFID FATCA, etc along with understanding FCA or other regulatory classification rules
- Possess knowledge of various types of trading entities - Limited, Private and Public Companies, Holding Companies, Hedge Funds, Asset Managers, Special Purpose Vehicles, Trusts etc
- Ensure proper and effective governance of tasks and processes with reference to internal policies and external regulations.
Team Leader
J.P Morgan Service India Private Limited
02.2017 - 10.2019
- Conducting CDD (Customer Due Diligence) for domestic (US) and international clients all over the globe; predominantly for Corporates (Public and Private), NBFIs and US Banks
- Also compiling and verifying data from various sources and preparing CDD reports for clients
- Conducting Country Due Diligence on clients as per products and booking locations
- Ensuring proper escalation, vetting, approval of Negative News and AML/Sanctions Alerts
- Conducting Enhanced due diligence for High-risk clients based on the Products they are using, their Booking locations and Business Operations
- Ensure all required client documents/records are complete, accurate and valid
- Responsible for Remediation process, background checks for company core internal and external documents from approved third party vendors (LexisNexis etc.)
- Risk assessment of Corporate Client over the globe on basis of Business type, Business Location and Products Type
- Keeping records of client history and support documents for MDD (Minimum Due Diligence) and EDD (Extra Due Diligence)
- Lead special projects to resolve issues around high volume and/or high-risk KYC populations.
Anti-Money Laundering Investigator
Hong Kong and Shanghai Banking Corporation (HSBC)
12.2014 - 02.2017
- Detect any transactions indicative of money laundering or terrorist financing and escalate to the concerned team for further review and analysis
- Subject Matter Expert for Transaction Monitoring for both Level-1 and Level-2
- Provided support/feedback to the team and also to the new batches in the team
- Investigated UAR cases (Unusual Activity Reports) and alerts generated by CAMP System for Retail, Corporate and GBM (Global Banking and Market)
- Always adhered to proper business writing techniques, maintained good quality/RPH consistently
- Experience in using data mining and KYC automated tools
- ADDITIONAL RESPONSIBILITIES (HSBC)
- Management Information (MI) - Managed the MI for the department, collated data and generated various reports
- Capacity Management-Taken the ownership of assigning the cases to the team in the absence of the manager
- Planning (daily, weekly and monthly), leave management, process prioritization and also ensured work is within the compliance framework
- Supported MENA Regions (UAE, Bahrain, Lebanon, Qatar and Kuwait) by conducting a holistic review on the cases escalated by Level-1
- Also performed quality checks and audits in the team to ensure that stipulated policies and practices are maintained with the agreed business quality levels
- Escalation analysis-Analyzed and identified incorrect escalations from Level-1 which were sent to the business for approval on rapid disposition of cases which helped improve team's production
- Quality-Consistently maintained 100% quality month on month when compared to the quality for the department
- Single-handedly managed a region in the team by investigating cases with nil feedbacks/returns, attending monthly calls and not breaching the SLA
- Displayed strong behavior in the team by being dependable always and constantly strived to improve performance
- Fun Spoc-Conducted team activities and event management for the team.
- KEY ACHIEVEMENTS AND RECOGNITIONS (HSBC)
- Looking at my performance and excellent quality at work, I have been handpicked for an early movement to the next level (Level-2)
- Individually handled a complete region
- Attended the GMSAS (Global Minimum Set of AML Scenarios) Level-2 training.
- Solved criminal cases through advanced detective skills, thoroughly analysing evidence and monitoring suspect behaviour.
Value Banker
ICICI Bank Limited
09.2013 - 12.2014
- Dealing with customers and their queries face to face, over the telephone and in writing
- Provide advice and financial services which include authorizing loans and overdraft facilities, setting up saving accounts and bonds and conduct foreign currency transactions for overseas travelers
- Assess the viability and credit risk of business and consumer loan proposals
- Also process paperwork from sales, change of customer details and closure of accounts
- Identify customer needs, recommend suitable products and make sales.
SEO Trainee
IQ Channels Private Limited
05.2012 - 02.2013
- Managing all SEO activities such as content strategy, link building and keyword strategy to increase rankings on all major search networks
- Investigating, tracking and acquiring new link opportunities for internet marketing
- Employing Twitter, Facebook, LinkedIn, Google+, Stumble Upon, Reddit etc.
- Execute on creation of blog posts, evergreen content, info graphics, apps, tools etc.
Education
PG Diploma - Banking Operations
The Institute of Finance Banking And Insurance
Hyderabad, TG2013
Bachelor of Information Technology -
Malla Reddy Engineering College For Women, JNTU-H
Hyderabad, TG2012
Skills
- Multitasking
- Strong analytical skills
- Risk Management
- Leadership Skills
- Strong communication (both verbal and written)
- Training/Skill Development
- Audit
- Planning and Organizing
- Critical/Observational thinking
- Quality & Judgment
- MS Office-Word, Excel, Power Point
- Cryptocurrency Analysis
- Blockchain Security
Timeline
Team Lead
PricewaterhouseCoopers Pvt Ltd
12.2023 - Current
Subject Matter Expert - KYC Analyst
UBS Business Solutions (India) Pvt. Ltd
10.2019 - 04.2023
Team Leader
J.P Morgan Service India Private Limited
02.2017 - 10.2019
Anti-Money Laundering Investigator
Hong Kong and Shanghai Banking Corporation (HSBC)
12.2014 - 02.2017
Value Banker
ICICI Bank Limited
09.2013 - 12.2014
SEO Trainee
IQ Channels Private Limited
05.2012 - 02.2013
PG Diploma - Banking Operations
The Institute of Finance Banking And Insurance
Bachelor of Information Technology -
Malla Reddy Engineering College For Women, JNTU-H
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