Naga Harsha vardhan Bolisetty

·        7+ years of professional experience in banking and financial domain with experiences in Credit Risk, Process, compliance, customer service, fraud and Risk Management.

·       Conducting the AML, KYC checks on entities, individual, performing due diligence for high, medium and low risk customers as per banking guidelines

·       Conduct customer identification program (CIP), customer due diligence (CDD), Enhanced due diligence (EDD) including FACTIVA/LexisNexis/Thomson Reuters/ World check/Bankers Almanac checks and understand the customer/entity.

·       Credit Analysis and Risk assessment for mortgages and preparing CAM 

·       Motivated team player with strong functional knowledge, management and leadership skills.

·       US anti-money laundering regulations, and US economic sanctions regulations -related policy and screening compliance

·       Team Building, Strategic Thinking and planning

·       CKYC, LOS, FINACLE, MS Office 

Citicorp Services India Pvt Ltd (11th Jul 2022 - Current)                                                                                 

·       Handling KYC processes for Corporate, Investment Banks, NBFI, Funds, Trusts etc and apply relevant country specific standards & regulations (Local Due Diligence)

·       Responsible for conducting client on-boarding, remediating and periodic review for APAC & EMEA regions as per AML/KYC requirements for different entities.

·       Responsible for end-to-end operations and client direct approach. Ensure the KYC records are updated as per compliance in CKYC application, in case of discrepancies the respective records are escalated to the appropriate lines of business.

·       Analysing the firm’s KYC requirements while updating the respective documents, inclusive of Customer Identification Program (CIP), Minimum Due Diligence (MDD), Enhanced Due Diligence (EDD), Local Due Diligence (LDD) and Specialized Due Diligence (SpDD)

·       Co-ordinating with Relationship partner, team members, compliance and regulatory departments for KYC documents and compliance requirements to complete the end-to-end profile within TAT.

·       Experience with OFAC sanctions/PEPs/adverse media/Factiva screenings.

·       Responsible for preparing production report, Error report and other MIS on timely manner.

·       Extensive knowledge on different countries registries and regulators and KYC requirements as per the Global and Country standards.

·       Possess experience in due diligence tools like Bankers Almanac, Lexis Nexis, Thomson Reuters, AML- Insight, FACTIVA etc.

Kotak Mahindra Bank Ltd (14th Oct 2021 – 1st Jul 2022)                                                                                    

·       Managing a team of officers and ensuring that operations are completed within stipulated wait time to meet business deadlines, achieving higher customer satisfaction.

·       Performing KYC checks and documentation for existing clients (Retail and Corporate Banking)- which include CDD, EDD, screening of beneficial owners, directors and day to day controllers.

·       Responsible to raise red flag if client is involved in PEP, sanctions and other frauds.

·       Followed federal and state laws and regulations in maintaining accounts.

·       Collection and verification of confidential client data via publicly available information, AML Compliance approved websites (i.e., Registry, Regulators, third party sites, stock exchange, etc.)

·       Assist in identifying audit and compliance issues and resolving the same.

·       Conducting investigations using database such as LexisNexis, Probe and internet searches.

HDFC Bank Ltd (26th Dec 2018 - 31st Aug 2021)                                                                                    

Deputy Manager

·       Performing KYC/AML functions for Retail & Corporate Banks, Financial Institutions and all types of high-risk business activities.

·       Identifying and verifying the legal existence of clients, ascertaining risk classifications based on various factors like type of business, country of operation, politically exposed person, etc.

·       To procure and validate the KYC documents through screening.

·       KYC background check of account opening CASA, mutual funds, Hedge funds, forex and long-term investments etc.

·       Identify source of funds through proper due diligence checks through Nature of Business.

·       Preparing daily MIS

ICICI Bank Ltd (28th Sep 2016 - 24th Dec 2018)                                                                                    

Assistant Manager

·       Credit risk assessment for Home Loan (Mortgages) – Salaried/SENP at, where I was responsible for handling around 18 files per month.

·       Maintaining proper TAT as per company norms and following rules & regulations according to company prescribed process and risk point of view.

·       Analysing the proposals regarding the financial position of an

individual using financial statements, Tax returns, pay slips and do the disbursals accordingly.

·       Post disbursement credit monitoring activities like audits, monthly portfolio analysis, non-starters and ED follow ups.

·       Monitoring and analyse daily MIS report to be sure that timeliness and

·       productivity standards are being achieved.

·       End user of banking software’s like LOS, FINACLE, MS Office

Karvy Stock Broking (22nd June 2015 - 23rd Sep 2016)                                                                                    

·       Deliver financial advice to clients, proposing strategies to achieve short- and long-term objectives of investments, insurance, stocks and mutual funds with minimal risk.

·       Receiving inbound calls and execute market orders like equity/F&O/COMMODITY on behalf of customers in call & trade segment.

·       Ensuring maximum client satisfaction by providing exceptional and personalised service to each client, enhance client satisfaction from 88% to 99%.

·       Maintaining query escalation matrix level 1 to 4, follow ups with different teams to get queries resolved within proper TAT