Ramesh Azmeera

Operations Associate

Hyderabad, Telangana, India11 yrs 10 mos experience

Most Likely To SwitchHighly Stable

Key Highlights

Over 12 years in Anti-Fraud and Risk Management.
Expert in KYC/AML compliance and transaction monitoring.
Strong analytical skills in fraud detection and risk mitigation.

Stackforce AI infers this person is a specialist in Fintech with a focus on compliance and fraud management.

Contact

aramnaik3@gmail.com LinkedIn

Skills

Core Skills

ComplianceRisk ManagementDue DiligenceKycFraud ManagementBanking Operations

Other Skills

Transaction ScreeningBSA & USA PATRIOT ActOFAC Sanctions ProgramsRisk Base ApproachResearchQuality ControlClient Documentation ReviewCDD StandardsRisk MitigationKYC ScreeningRegulatory CompliancePeriodic ReviewClient OnboardingRisk AssessmentTransaction Monitoring

About

With 12+ years of work experience in Anti-Fraud & Risk Management(AML/CFT, KYC,CDD,EDD,CIP, Sanction Screening,Periodic Review,Client Onboarding, Fraud Investigation, Mitigating Fraud, Transaction Monitoring,SAR filing and Compliance,Identifying process gaps and minimizing risk) Gained immense knowledge in Risk Management in Banking & Payment card industry, E-commerce, IGaming and Crypto. Well versed with VISA/Mastercard/Discover global risk and compliance regulatory operating rules. Experienced in SEPA Payments Region.

Experience

11 yrs 10 mos

Total Experience

2 yrs 4 mos

Average Tenure

5 yrs

Current Experience

Jpmorgan chase & co.

Compliance Analyst (TL)

May 2021 – Present · 5 yrs · Hyderabad, Telangana, India

Have knowledge in Transaction Screening Process that ensures compliance with the bank’s regulatory requirements.
Knowledge and Understanding of BSA & USA PATRIOT Act, OFAC Sanctions Programs. Monitoring live transactions (SWIFT, WIRES ).
 Perform 4 eye check due diligently for every payment.
Review and analyse due diligence data from a variety of sources to determine overall risk. Screens customers, prospects and/or transactions against various regulatory reporting lists and regionally based sanctions watch lists.
Ability to identify red flags and disposition alerts using a Risk Base Approach (RBD). Ability to take initiative and work independently with minimal supervision. Strong Organisational and time management skills with the ability to manage multiple responsibilities and tasks simultaneously.
Using OFAC General License and Special License based on the Scenarios. Work on Travel Ban, Asset Freeze alerts.
Screening Payment Escalated by L1, L2 and taking appropriate decision Worked on Different applications like Lexis Nexis and World Check.
Marking Low quality errors to L1 operator for wrong decisions.
Prioritizing high value payments, and cut offs.
ESCALATE and INQUIRE Potential Match payments for further information. BLOCK, REJECT and CANCEL payments concerning sanction risk upon response from FCC Team.
Conduct Extensive research using different types of tools to release a transaction
Knowledge in the sanction lists, exceptions rules of Sanctions Screening and regulations and a clear understanding of their impact on financial transactions.
Processed inbound and outbound payments filtered on to the internal applications for payments screening on daily basis as per Regulatory requirements. working on various applications to implement effective controls to fight Financial Crime Risk across the Global as per regulatory requirements.
 Assisted Team members in resolution of process related queries. Also Supported the team on high volume days.

Transaction ScreeningBSA & USA PATRIOT ActOFAC Sanctions ProgramsDue DiligenceRisk Base ApproachResearch+2

Wells fargo

3 roles

Due Diligence Associate - Financial Crimes Operations

Jan 2021 – May 2021 · 4 mos

Quality Control

Business Risk & Control Associate - Wholesale Financial Crimes Risk Control

Jan 2020 – Jan 2021 · 1 yr

Quality Control

Financial Crimes Quality Analyst

Jan 2019 – Dec 2019 · 11 mos

 Worked in Wholesale Financial Crimes Control Operations Team.
Perform review activities client documentation for Onboarding, Periodic Review and Client Remediation.
 Scrutinize the documents as per CDD standards. Retrieving the info like Legal entity details and beneficial owners and shareholders ultimate beneficial owners for all Customer types.
 Analyzing various documents like AOA, COI, Name change certificate, and partnership agreements etc. which are submitted by client.
 Identify and verifying the clients legal existence by using the tools like Company House, Lexis Nexis, Bloomberg, Bankers Almanac and D&B.etc
 Perform the screening for all clients and UBOs to mitigate the risk and escalate the cases if the client has the positive hits or any adverse news.
 Have knowledge across multiple client types - corporate, Private Companies, Govt. entities, partnerships, Regulated Entity, etc.)
 Analyzing Annual reports to obtain information like NAIC description, country of assets, Percentage of Ownership etc.
 Performing the Screening for All Sanctions and PEP & Negative media to identify the risk of the client and have raise the CAU screening SharePoint request for Material Hits.
 Perform the periodic reviews for all clients based on their risks (Low, Medium & High) and also drilldown the ownership up to 25% for public customers and 10% threshold for private clients.
 Performed the required KYC screening on customers documenting the information obtained on the clients as required by Global KYC procedures. Performed Sanction screening and PEPs identification.
 Ensuring compliance with all AML laws, regulations, guidelines, written procedures; OFAC, CDD, CIP & KYC,Transaction monitoring.
 Performed periodic Enhanced Due Diligence (EDD) reviews of the high risk entity.
 Knowledge in Regulatory aspects such as Bank Secrecy Act (BSA), FATF & US PATRIOT Act of 2001 Section 326 CIP to identify possible Money Laundering.

Client Documentation ReviewCDD StandardsRisk MitigationKYC ScreeningRegulatory ComplianceDue Diligence+1

Wipro limited

KYC/AML Analyst

Jul 2018 – Dec 2018 · 5 mos · Pune Area, India

Performed Periodic Review, Client Onboarding & Remediation for Philippine Jurisdiction.
Perform review activities client documentation and validating the documents through varies risk assessment tools.
Scrutinize the documents as per CDD standards. Retrieving the info like Legal entity details and beneficial owners and shareholders ultimate beneficial owners , trust and fund details as per the regulator standards
Analyzing various documents like AOA, COI, Name change certificate, and partnership agreements etc. which are submitted by client.
Identify and verifying the clients legal existence by using the tools like Lexis Nexis, Bloomberg, bankers almanac and D&B.etc
Perform the screening for all clients and UBOs to mitigate the risk and escalate the cases if the client has the positive hits or any adverse news.
Have knowledge across multiple client types - corporate, Private Companies, Govt. entities, partnerships, Regulated Entity, etc.)
Analyzing Annual reports to obtain information like NAIC description, country of assets, Percentage of Ownership etc.
Performing the Screening for All Sanctions and PEP & Negative media to identify the risk of the client and have raise the CAU screening SharePoint request for Material Hits.
Perform the periodic reviews for all clients based on their risks (Low, Medium & High) and also drilldown the ownership up to 25% for public customers and 10% threshold for private clients.
Performed the required KYC screening on customers documenting the information obtained on the clients as required by Global KYC procedures. Performed Sanction screening and PEPs identification.
Ensuring compliance with all AML laws, regulations, guidelines, written procedures; OFAC, CDD,CIP&KYC
Performed periodic Enhanced Due Diligence (EDD) reviews of the high risk entity.
Knowledge in Regulatory aspects such as Bank Secrecy Act (BSA), FATF & US PATRIOT Act of 2001 Section 326 CIP to identify possible Money Laundering.

Periodic ReviewClient OnboardingRisk AssessmentKYC ScreeningRegulatory ComplianceKYC+1

Wavecrest group

Anti-Fraud & Risk Specialist

Jan 2016 – Jul 2018 · 2 yrs 6 mos · Hyderabad Telangana Indian

Experienced in working with Payment card industry and knowledge of data security standards.
Responsible for managing, transaction monitoring and coordinating risk projects for prepaid cards.
Advanced knowledge and experience in e-wallet / online payments abuse (account take-over, credit card fraud, merchant/buyer collusion fraud, Money laundering).
Reviewed and analyzed online banking/ ACH and Swift payment monitoring to determine fraud activity.
Hands-on experience with fraud detection tools e.g. scoring models and rules engines.
 Reviewing, analyzing and identifying indicators of Potential Money laundering / Terrorist financing activity from information sources such as surveillance / monitoring alerts and internal reports.
Working knowledge on SEPA payment region.
 Performs analyses to detect patterns, trends, anomalies and schemes in transactions.
Efficiently utilized investigative commercial databases including Dow Jones, Lexis Nexis and World Check.
Researches and analyzes complex transactions to prevent & detect financial crimes activities.
Define and implement new strategies in fraud analysis.
Performed the required KYC screening on customers documenting the information obtained on the clients as required by Global KYC procedures. Performed Sanction screening and PEPs identification. Reviewed potential negative news hits across Global Client Management divisions.
Ensuring compliance with all AML laws, regulations, guidelines, written procedures; OFAC, CDD, CIP & KYC.
Performed periodic Enhanced Due Diligence (EDD) reviews of the high risk customers, entity.
Knowledge in Regulatory aspects such as Bank Secrecy Act (BSA), FATF & US PATRIOT Act of 2001 Section 326 CIP to identify possible Money Laundering.
Prepared and reviewed CTR (Currency Transaction Reports).
 Preparing the Suspicious Activity Report (SAR) and reporting it to the MLRO in timely manner.
 Performed Quality Control function for a team.

Transaction MonitoringFraud DetectionKYC ScreeningRegulatory ComplianceFraud AnalysisFraud Management+1

Google

Fraud Analyst

Aug 2015 – Dec 2015 · 4 mos · Hyderabad India

Worked as fraud Analyst for Google India Prvt Ltd (Client).
Monitoring and reviewing accounts and transactions to detect any possible frauds.
Reviewed and analyzed online banking/ ACH transactions to determine fraud activity.
Investigate and regulate transactions to prevent fraud and safeguard customers accounts.
Define and implement new strategies in fraud analysis.
Analyzing trends and Informing the management about the new security threats.
Responsible for building and maintaining a strong level of customer service.

Fraud MonitoringTransaction RegulationFraud AnalysisFraud Management