Rajitha Gumadavelli

Global Payment Investigation Identifying whether customer is SDN (Specially Designated Nationals) by performing appropriate level checks through different applications like World check, GMSS and HUB

• Contacting Relationship Managers and FCC (Financial Crime Compliance) for details of customer on payment accordingly
• Through knowledge on OFAC (US), UK HMT, EU, UN, ISN - International Security and Non-proliferation and sanctions that come with them
• Worked to FCA and Data Protection act, keeping in-line with AML and Compliance Regulations
• Researched and verified parties involved in suspicious transactions against various database like LexisNexis, World-check and Internet searches
• Ensured compliance with regulatory requirements by conducting thorough customer due diligence checks.
• Timely escalations on various teams like compliance onshore team, and reporting managers for high-risk entities and individuals with escalation template
• Responsible for performing Simplified due diligence/Customer due diligence/ Enhanced due diligence based on client Risk levels
• Periodic Review (Global) for existing clients which include Private, MSB, Fintech, Trust, Regulated, Listed, Foundation etc
• Negative news reporting to AML/compliance
• Responsible for gathering intelligence from relevant media reports to identify customers who are involved in Money Laundering, Crime, and Terrorist Funding etc.

KYC Remediation

• Performing KYC Checks and Investigate Documentation for new and existing corporate clients - which include CDD (Customer Due Diligence), EDD, and AML Screening of Beneficial owners, connected parties, PEP and Sanction checks
• Investigating Case requests, by researching public domain to source and collect documentation, required to complete KYC / On boarding request
• Customer screening & cooling off cases and running background checks on entities & Individuals
• Identify red flag situations and escalate in line with policy and procedures
• Research and validation of entity data sing appropriate data using appropriate internal and external data sources
• Entity data included legal name verification, address, nature of business and ownership
• Analyze triggering entities for activities consistent with nature of business
• Responsible for CDD, Verifying documentation to prevent fraud, money laundering, and identity theft losses, and organized implementation & completion of work assignments within given time limit.
• Documented research findings to support risk-based decision-making and resolution to escalated fraud incidents.
• Collaborated with cross-functional teams to address complex issues arising from financial crimes investigations.