Summary
Overview
Work history
Education
Skills
Certification
Interests
Languages
Timeline
Generic

Seshadri Pattem

Manchester,Lancashire

Summary

Seeking a progressive career to constantly upgrade myself to the highest level of learning and perform well in a challenging environment, which enables my personal and professional growth simultaneously. Sincere and focused high performing professional with almost 7 years of experience in the Anti-Money Laundering, Compliance Department. Capable of handling projects of various nature, MIS reports, work allocation and innovative representation of data. Possess excellent interpersonal communication and organizational skills. Well organized with a track record that demonstrates self-motivation and initiative to achieve corporate goals. Results-driven professional leveraging problem-solving skills to overhaul, improve and refine business practices. Strategic thinker with advanced analysis skills. Confidently tackles large scale challenges, prioritising greater organisational efficiency.

Overview

7
7
years of professional experience
1
1
Certification

Work history

Analyst

DBS Bank India Limited
Mumbai
05.2021 - 08.2023
  • Understanding technological enhancements in the Anti-Money Laundering world and the enhancements suggested by the regulator (Financial Intelligence Unit - India), disseminating the information and sharing the user level requirements with the technology teams and professionally tracking such projects to adhere to the stipulated guidelines within the timelines without compromising the quality of testing
  • Leading the automation projects by doing the UAT's, regression testing and allocation of the test scenarios among the team members to effectively implement the technological advancements
  • Focussing on the automation of various manual activities to increase the efficiency.
  • Aligning any new product launched by the Bank with the AML guidelines. For example- New credit card launched.
  • Ensuring monthly regulatory reporting of Cross Border Wire Transfer Report / Cash Transaction Report / Non- Profit Organization Transaction Report to Financial Intelligence Unit (India)
  • Responsible for monitoring customer account activity as per Prevention of Money Laundering Act, 2002 (PMLA) provisions and KYC/AML/CFT guidelines issued by RBI from time to time
  • Also, Monitored Remittance transactions, Trade Based money laundering alerts based on countries and customer profile using bank's monitoring tools and filing of SARs on Fraud/Suspicious accounts
  • Analysis of red flags / alerts generated by AML system to identify suspicious activity in the accounts. Drafting mails to forward AML alerts to branches for carrying out enhanced due diligence and follow-up for ultimate closure of the alerts
  • Ensuring TATs are strictly adhered to, in respect to the number of accounts to be scrutinized
  • Conduct face-to-face AML trainings to new staff as needed
  • Handling internal audit queries on AML processes.

Assistant Manager

IDFC FIRST Bank LTD
Mumbai
07.2018 - 05.2021
  • Responsible for monitoring customer account activity as per
  • PMLA provisions and KYC/AML/CFT guidelines issued by RBI
  • from time to time. Also, Monitored Remittance transactions, Trade
  • Based money laundering alerts based on countries and customer
  • profile using bank's monitoring tools and filing of SAR on
  • Fraud/Suspicious accounts.
  • Analysis of red flags / alerts generated by AML system to identify
  • suspicious activity in the accounts. Drafting mails to forward AML alerts to branches for carrying out enhanced due diligence and follow-up for ultimate closure of the alerts.
  • Ensuring TATs are strictly adhered to, in respect to the number of
  • accounts to be scrutinised.
  • Ensuring monthly regulatory reporting of Cross Border Wire
  • Transfer Report / Cash Transaction Report / Non- Profit
  • Organization Transaction Report to Financial Intelligence
  • Unit (India).
  • Enrichment and enhancement of the AML System as per the team
  • requirements and assisting in periodic review of threshold and fine
  • tuning of alerts as required, to reduce false positives.
  • Conduct face-to-face AML trainings to new staff as needed.o Continuous monitoring of NEWS, identify fraudsters, preparing Media de-dupe and update the names in the negative media list. Updating Negative customer list of the bank.
  • Back-up for name screening activity done while customer on-
  • boarding.

Assistant Manager

Kotak Mahindra Bank
Mumbai
10.2016 - 07.2018
  • State wise transaction monitoring of customers account activity as per PMLA provisions and KYC/AML/CFT guidelines issued by RBI from time to time
  • Also, Monitored Remittance transactions, Trade Based transactions based on countries and customer profile and Credit card transactions using bank's monitoring tools and filing of SAR on Fraud/Suspicious accounts
  • SAR filing basis the intimation received from Law Enforcement Agencies
  • Investigate any unusual matters escalated by business or identified through triggered events and where appropriate make a necessary recommendation to file SAR
  • Assisted in monthly regulatory reporting of Cross Border Wire Transfer Report / Cash Transaction Report / Non- Profit Organization Transaction Report to Financial Intelligence Unit (India)
  • Analysis of red flags / alerts generated by AML system to identify suspicious activity in the accounts
  • Conduct face-to-face AML trainings to staff as needed.

Projects History

During the 7 years experience.
Mumbai
10.2016 - 08.2023
  • In 2022-2023, post-merger (DBS Bank x Lakshmi Vilas Bank) migration of the systems and Core Banking System (Finacle) version update.
  • In 2021-2022, Credit Card product launch in DBS Bank India Limited.
  • In 2020-2021, Credit Card product launch in IDFC FIRST Bank LTD.
  • In 2020, the project of understanding the new guidance note on CBWTR issued by FIU-IND and refilling the correct Cross Border Wire Transfer reports within the timelines issued by FIU-IND.
  • In 2018-2019, implementation of AML application in IDFC FIRST Bank LTD.

Education

Master of Science - Project Management

University of Salford
Salford
09/2023 -

Masters - Finance

N.L. Dalmia Institute of Management.
Mumbai, India
05/2019 - 06/2022

Bachelor - Accountancy and Finance

Nirmala MemorialCollege, University of Mumbai
Mumbai, India
04/2013 - 03/2015

Skills

  • Collaborative and a team player, able to work well with other staff including departmental colleagues, cross-functional teams, business operations and technology vendor teams
  • Technical Skills
  • FINACLE
  • Well versed with MS office (Word, Excel, Power Point)
  • Data Representation Tools (Visio, Tableau, etc)
  • Regulatory compliance
  • Information gathering
  • Process improvement
  • Statistic analysis
  • Data modelling

Certification

  • Certified Anti-Money Laundering Investigator (CAMI) + Certified Trade Based Money Laundering (CTDI), PonSun AML Academy.
  • Anti-Money Laundering certified by CPD online College, UK on December 06, 2023.
  • Post Graduate Diploma in banking and finance (Plus) from IFBI, NIIT, Mumbai in 2016 (Scored 77%)

Interests

Strength and Hobbies Self-starter, pro-active with a can do attitude for a single contributor role. Strongly believe in doing Smart Work. , Creating a positive work environment. Active participation in sports and other events. Achievements Recognition received from the Country Compliance Head of DBS Bank India Limited within a year of employment with the Bank for successfully driving the credit card launch project followed by promotion

Languages

English
Fluent
Hindi
Native
Telugu
Fluent
Marathi
Advanced

Timeline

Analyst

DBS Bank India Limited
05.2021 - 08.2023

Assistant Manager

IDFC FIRST Bank LTD
07.2018 - 05.2021

Assistant Manager

Kotak Mahindra Bank
10.2016 - 07.2018

Projects History

During the 7 years experience.
10.2016 - 08.2023

Master of Science - Project Management

University of Salford
09/2023 -

Masters - Finance

N.L. Dalmia Institute of Management.
05/2019 - 06/2022

Bachelor - Accountancy and Finance

Nirmala MemorialCollege, University of Mumbai
04/2013 - 03/2015

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Seshadri Pattem