Pratignya S. Shetty
Mumbai
Summary
Experienced compliance specialist in financial crime prevention with expertise in AML/KYC compliance, transaction monitoring, and fraud detection. Identifies suspicious activities and conducts risk-based KYC reviews to ensure regulatory compliance. Leverages banking operations background to mitigate organizational risk and enhance security protocols, safeguarding institutions against potential threats.
Overview
1
1
Certification
13
13
years of professional experience
Work History
Compliance Analyst
Accenture
Mumbai
04.2022 - Current
- Detected and reported suspicious activities related to money laundering, terrorist financing, structuring of funds, and fraud, enhancing overall compliance efforts.
- Identified, analyzed, and investigated patterns, trends, and anomalies in complex customer transactions and data to detect, prevent, mitigate, and report suspicious activities related to money laundering, terrorist financing, and fund structuring.
- Assisted in the development and implementation of a centralized KYC ownership protocol, improving customer ownership verification processes, data consistency, and regulatory compliance across business units.
- Assisted in developing and implementing a centralized KYC ownership protocol, streamlining customer ownership verification processes and ensuring data consistency and regulatory compliance across business units.
Senior Analyst
Hexaware Technologies
Mumbai, India
10.2019 - 09.2021
- Review online banking transactions for fraud
- Executed and performed client services which included: client calls, transaction processing, inquiry response/ research, account maintenance and analyzing customer questions, requests and problems.
- Identified and escalated suspicious matters to AML & Line of Business Compliance for further investigation.
- Performed periodic KYC reviews based on risk assessment schedule.
Fraud Investigator - Assistant Manager
Jana Small Finance Bank
Mumbai, India
10.2018 - 06.2019
- Tracked and monitored fraud case allocation and completion status for the zone.
- Analyzed TAT on completion and submission of investigations as part of investigating officer (IO)
- Managed key performance indicators to assess team productivity and efficiency.
- Reviewed investor documents to identify deficiencies and ensure compliance with AML KYC procedures, preparing status trackers for client delivery.
- Assist in identifying items for escalation and participating in decisions regarding client on-boarding,de-marketing of high risk clients, AML risk assessment.
Fraud Analyst - Assistant Manager
RBL Bank Limited
Mumbai, India
05.2017 - 09.2018
- Analyzed fraud trends to aid in developing strategies that prevented future fraud among internal staff.
- Collaborated with bank departments’ management teams to identify and address fraud detection and trending issues.
- Conducted training sessions and provided assistance to all team members.
- Conducted analyses to determine inefficiencies within the department and implemented solutions.
- Interacted with banks and customers to validate the information and to confirm or cancel authorizations.
- Resolved customer issues within the scope of existing service level agreements.
- Trained and assisted team members in various tasks.
Quality Analyst
Bank Of America
Mumbai, India
08.2016 - 05.2017
- Monitored real-time queues and Identified high-risk transactions within the business portfolio Identified high-risk transactions
- Investigated debit card fraud cases and filed chargebacks through Visa to recover losses.
- Monitored customer transactions to identify fraudulent activities like account takeover and theft.
Sr. Customer Service Excecutive ( Fraud Analysis)
Serco for Barclays Investment Bank
Mumbai, India
04.2014 - 07.2015
- Working as a Fraud Analyst for our client (a UK based credit card Bank).
- Investigating individual customer’s Analyzed account information to detect potential fraud. as well as Corporate Credit Cards for Fraud and
- Reimbursed genuine customer money upon verification.
- Engaged with international cardholders to gather account details and provide updates during fraud investigations.
Trade Analyst
Deutsche Bank
Mumbai, India
06.2013 - 02.2014
- To ensure prompt and effective responses to the various queries and requests from various
- Bank around the globe through SWIFT messages.
- Ensure to adhere 100% Accuracy, SLA and Compliance for Trade product tagged under me.
- Resolved branch queries and prioritized transactions for all trade service branches of Deutsche Bank AG, India.
- Maintained 100% accuracy in processing transactions, SLA and Compliance for Trade product tagged under me.
- Resolved branch queries and prioritized transactions for all Trade service branches of Deutsche Bank AG, India.
- Led process improvement initiatives through system changes, process realignment, and efficiency management.
- Ensured and maintained nil error for my team in many monthly quality log error report and
- Achieve 100% SLA.
Education
PGDM - Finance
Welingkar Institute Of Management
Mumbai04-2018
Bachelor of Commerce - Commerce
Bunts Sangha College
05-2012
Skills
- CDD
- EDD
- OFAC
- PEP screening
- Sanctions screening
- Transaction monitoring
- Suspicious activity investigation
- SAR reporting
- STR reporting
- KYC remediation
- Fircosoft screening
- World-Check research
Certification
Certification in Global KYC and AML, AI Fundamentals in Financial Industry, AI Governance and Compliance
Timeline
Compliance Analyst
Accenture
04.2022 - Current
Senior Analyst
Hexaware Technologies
10.2019 - 09.2021
Fraud Investigator - Assistant Manager
Jana Small Finance Bank
10.2018 - 06.2019
Fraud Analyst - Assistant Manager
RBL Bank Limited
05.2017 - 09.2018
Quality Analyst
Bank Of America
08.2016 - 05.2017
Sr. Customer Service Excecutive ( Fraud Analysis)
Serco for Barclays Investment Bank
04.2014 - 07.2015
Trade Analyst
Deutsche Bank
06.2013 - 02.2014
PGDM - Finance
Welingkar Institute Of Management
Bachelor of Commerce - Commerce
Bunts Sangha College