Bhavya Gutti
KYC & Transaction Monitoring professional
Hyderabad
Summary
KYC & Transaction monitoring professional with 9+ years of experience in handling different roles like Risk & compliance fin-crime specialist, KYC analyst, Quality checker, Subject matter expert, SAR ready narrative writer, L1 & L2 transaction monitoring analyst within the AML/ KYC sector.
Overview
10
10
years of professional experience
4
4
years of post-secondary education
Work History
Regional Head of Onboarding Delegate
UBS (Union Bank of Switzerland)
10.2021 - Current
- Managing small team of subject matter experts for APAC region.
- Performing annual PEP reviews of Global PEPs, updating PEP forms and obtaining approvals of regional country heads and MLROs on them.
- Performing annual whitelist review of entities like fortune 500 companies and addressing negative news, sanctions and sensitive industry affected party nexus identified to Fin-Crime partners or dispose them in our authority.
- Liaise with client onboarding, periodic KYC reviews & event-driven review teams to analyze and assess potential risk factors identified on a client profile.
- Conduct detailed investigation on negative media and PEP escalations initiated by KYC teams, to examine materiality of hits identified.
- Work closely with colleagues in onshore financial crime prevention teams to address deviations from CIP, sanctions nexus and sensitive industry affected party nexus of clients.
- Investigate risk factors and associate with respective Fin-Crime Compliance partners to assess overall risk rating of client’s KYC profile in accordance with global and local standards.
- Partner with training teams to identify and deliver training needs through quality campaigns.
- Maintain strong network among teams across all sites to continuously drive best practices.
KYC Analyst
UBS (Union Bank of Switzerland)
05.2020 - 10.2021
- As part of KYC periodic review team, perform due diligence on Investment Banking clients of UBS.
- Responsible for conducting end to end KYC on the low, medium, high & higher risk clients.
- Responsible for reviewing the client details and obtaining required KYC Information from UBS approved data sources, internally available sources like Entity Master & Fenergo, the business area and the client based on the set country specific standards.
- Ensuring that required KYC information like letter of authority, day to day controllers, ownership details are collected.
- Performing sanctions screening and SIAP checks on documents collected.
- Conducting background checks on the client and its connected parties using Cosima & Grid applications.
- Responsible for mitigating risk associated with client based on review outcome, by reaching out to RHOB (Regional head of onboarding delegate) team.
- Escalating case to onshore or disposing of cases in Fenergo.
I & R Reviewer
JP Morgan Chase & Co.
02.2020 - 05.2020
- Maintaining consistent approach in conducting case/CWI reviews and delivering feedback to analysts.
- Engaging with investigations teams & centralized case review unit and demonstrating effective communication to instill consistent practices.
- Working collaboratively with all internal stakeholders (QA, production, NAM reviewers etc.)
- Being well versed with procedures and being on top of procedural updates.
- Demonstrating teamwork and flexibility to help team achieve production targets and aging deadlines.
- Working closely with analysts by providing solutions to queries raised.
Sr. Team Member
JP Morgan Chase & Co.
08.2019 - 01.2020
- Conducting investigation for consumer banking, business banking, treasury banking and commercial banking accounts maintained by JPMC group and for non-customer parties (Originator and Beneficiary pairs) transacting through JPMC in North America region.
- Monitoring transactions of customer’s accounts including KYC review of customer’s for verification and monitoring purposes. Researching on entities or individuals through various tools such as FCIP, HOST, COGNOS, CUSTOMER ASSIST, ONE VIEW, PSU, CB KYC, CCB KYC, CDD KYC, Internet, Lexis Nexis, and QNC etc.
- Use transactional information, customer records and external data to identify suspicious or unusual activity.
- Vetting relevant cautionary flags during review process to accurately dispose of alert.
- Preparing transactional spreadsheets and investigating summary detailing customer’s KYC, account activity, and enhanced due diligence results.
- Escalating of CWI to onshore business area or closing CWI, whichever is appropriate.
Transaction Monitoring Analyst
HSBC Electronics Data Processing India Pvt Ltd
01.2018 - 07.2019
- Conducting investigation for retail, corporate, correspondent banking accounts maintained by HSBC group and for non-customer parties transacting through HSBC in Australia region.
- Monitoring transactions of customer’s accounts including KYC review of customer’s for verification and monitoring purposes. Researching on entities or individuals through various tools such as UCM, CAMP, HUB, HFE, GWIS, Business Viewpoint, GPS, ARC, Internet, Lexis Nexis, RDC, ARSM, CTR, RFI etc.
- Send request for information to relationship manager or branch manager on need basis.
- Analyzing findings and evidence to conclude case to be escalated or closed as not suspicious.
- Prepare relevant detailed alert documentation containing investigation.
- Escalating case for filing of STR (Suspicious Transaction Report) or closing case, whichever is appropriate.
Transaction Monitoring Associate
HSBC Electronics Data Processing India Pvt Ltd
10.2014 - 01.2018
- Conducting investigation for retail, corporate and correspondent banking accounts maintained by HSBC group in the USA region.
- Monitoring transactions of customer’s accounts including KYC review of customer’s for verification, monitoring and updating purposes. Researching on entities or individuals through various tools such as
- NORKOM, CIF, Internet, Lexis Nexis, RDC, ONDEMAND, CTR, Cash Edge, RFI etc.
- Prepare investigative case review summaries analyzing transaction activity occurring in accounts maintained by Bank.
- Documenting investigations and its results and providing recommendations and dispositions with supporting reasons.
- Preparing SAR (Suspicious Activity Report) ready narratives.
- Escalating case for filing of SAR or closing case, whichever is appropriate.
Education
B.Tech in Electronics & Communication Engineering
From Avanthi’s Research & Technological Academy
Visakhapatnam 04.2008 - 04.2012
Skills
Client risk assessment
Anti-Money Laundering (AML)
Know Your Customer (KYC)
Customer Due Diligence (CDD)
Enhanced Due Diligence (EDD)
Sanctions Screening
Suspicious Activity Report (SAR)
Timeline
Regional Head of Onboarding Delegate
UBS (Union Bank of Switzerland)
10.2021 - Current
KYC Analyst
UBS (Union Bank of Switzerland)
05.2020 - 10.2021
I & R Reviewer
JP Morgan Chase & Co.
02.2020 - 05.2020
Sr. Team Member
JP Morgan Chase & Co.
08.2019 - 01.2020
Transaction Monitoring Analyst
HSBC Electronics Data Processing India Pvt Ltd
01.2018 - 07.2019
Transaction Monitoring Associate
HSBC Electronics Data Processing India Pvt Ltd
10.2014 - 01.2018
B.Tech in Electronics & Communication Engineering
From Avanthi’s Research & Technological Academy
04.2008 - 04.2012
Similar Profiles
JOSHALINI THERESA D/O ARIWALAGANJOSHALINI THERESA D/O ARIWALAGAN
Executive/Team Assistant at UBS (Union Bank of Switzerland)Executive/Team Assistant at UBS (Union Bank of Switzerland)
Abhijeet NisangAbhijeet Nisang
Software Engineer at UBS - Union Bank of SwitzerlandSoftware Engineer at UBS - Union Bank of Switzerland
Abhijeet NisangAbhijeet Nisang
Software Engineer at UBS - Union Bank of SwitzerlandSoftware Engineer at UBS - Union Bank of Switzerland