Mrunalika Batku

Worked as KYC, AML, Risk Management, Quality Check (Consultant) having the handful of experience in financial sectors and banking sectors verifying the identity of clients involved with financial transactions. Adept at applying KYC & AML guidelines to prevent funds from being used for fraudulent purposes. Accomplished risk management professional with a capacity for research and a positive track record in project management seeks a KYC analyst position with a reputable organization.

Business Execution Consultant - Wells Fargo International Solution Private Limited - Hyderabad

(2017-05 - 2025-01)

• Experienced in Products and Programs review by performing Quality Assurance (QA) with the help of QA Desktop Procedure (Scripts).
• Completed review of Products and Programs with a 100 percent Quality Checks (Spot Checkers).
• Presented Idea project on Compliance Dashboard.
• Maintained LOB Dashboards and actively participated in LOB Meeting with a Q&A session.
• Provided session on Controls related to the topic on Evidence Based Control Evaluation (EBCE).
• Involved in ECM India and Philippines Compass Weekly Checkpoint Meeting.
• Actively participated in Brainstorming sessions and Team Discussions.
• Provided Floor Support to the TM's if they face any challenges, Queries, Questions and Clarifications.
• Fair understanding the U.S. regulatory requirement of banks and non-banking financial Institutions to perform AML, KYC Due Diligence while on-boarding a new Customer/Client.
• Experienced in complete Ongoing Customer Due Diligence (OCDD), Screenings, Risk Analysis and performing Peer Reviews KYC CDD to ensure existing customer's information is up to date without any findings or Issues.
• Review each customer / Client's information: Name, Address, ID Number, Legal Documents, and the Customer's original information to determine if there are any material changes to be updated which can affect risk rating.
• Worked on Data Quality Input (DQI) and on Existing Customer (OCDD). We review of bank customers (Individuals / Entities), Related Parties (Owners, Board of Directors, Executives) based on the documents of Customer Information Form (CIF), Certification of Beneficial Owners (COBO) and other additional documents based on the KYC policy Sections, Procedures and Guidelines.
• We Order background Investigations on Individuals, Entities, Organizations, or Locations to identify and mitigate associated sanctions lists (OFAC List) which is known as Adverse Searches and Background Investigations.
• Involved in substantive change (i.e., Client type or new type product onboarded), Worked with the compliance team to reassess and reapply the risk rating for that customer.
• Effective involvement in Center Of Excellence (COE) as a Technology Pillar SME.
• Expertise in sharing Best Practices on Process and Applications of Cornerstone, WCAO (Wholesale Customer Account Onboarding), SEWA (Streamlined Elastic Workflow Assistant), WASD (Wholesale Application Service Desk) Enhancements to the complete Group of DQI, OCDD and onboarding team for the across location of Chennai, Bangalore and Hyderabad with Team Leads and AVP's as per the process level.
• During our weekly calls of FCO-technology SME pillar connect I have taken lead in the call and discuss with the TM's about the Best Practices and Current Updates which been received communication from Cornerstone Enhancement team. This would be helpful for other TM's like a Brainstorming Session.
• Received Great Appreciation from Senior Managers and Team Leads for providing Contribution by sharing my Best Practices and Daily Updates on CSTN, WCAO and SEWA Application. This has been created for every Tm as an awareness, and that are following those Best Practices as well.
• With the all Business Groups of SME's whichever WASD tickets has been received resolution need to be create a excel with the Step-to-step process of resolution, in this way it will be helpful for the TM's to avoid the duplicate tickets of floating and work smart way of resolving these issues by following instructions and guidance.
• Contribution to Wells Fargo I have share my Best practice with the TM's such as following the QC Checklist while doing a Self-Review or Validation of Quality Check related cases, which would be helpful for us to avoid uncertainty of findings.
• Delivering the goals and commitments.
• Engage with the TM's and Relationship Associate and Managers and understand there thought process this helps me to enhance my process and knowledge skills for Delivering Best Results.
• Conducting Customer Due Diligence (CDD) for the Client.
• Calculation of Client Financial Crimes Operations – Risk Assessable Measurement (FCO_RAM).
• Finding out the Ultimate Beneficial Owner (UBO) of the Client and Validating the Ownership Chart.
• Verify and Validating the Client's Legal Documents.
• Worked Closely with Compliance team to mitigate the risk of the Clients.
• Familiar with the Compliance approved sources (Business Applications) Such as Lexis Nexis, Bloomberg, State if Secretary, and other U.S. Government websites and Companies Stock Exchange registered.
• Cross trained into Screenings and Background Investigations.
• Worked on Special projects Data Quality Input (DQI).
• Experienced in Testing and Validation for Consumer and Wholesale banking products Second Line of defence (Risk).
• Strong people Skills for a Collaborative and inclusive approach.
• Worked in special project of OCC (Office of the Comptroller) Consent Order testing Unauthorized Accounts (Sales Practice 2016).

Process Associate - Genpact - Hyderabad

(2014-05 - 2017-04)

• Role as Team Member played a major role as a TM for an Accounts Payable Procurement to Pay in Genpact.
• Experienced in Invoice Processing and Quality Check for the Client of GlaxoSmithKline (GSK) for Pharmaceuticals and Consumer Healthcare Products.
• Worked on Application of CERPS (Commercial Enterprise Resources Planning System).
• If there are any issues in P.O. (Purchase Order) Numbers we will be calling to Vendor Contact Number to get an accurate information.
• Worked on Standard of Procedures (SOP) during the time of migration process from JDE (JD Edwards), Savion Application to CERPS Application.
• Shared my Best practices and Quality Checks with the TM's to create awareness and to avoid findings as well.
• I played a vital role as a Quality Check (Q.C.) in GSK and provide inputs with the TM's.
• Received Rising Star Award for clearing the invoice queues.
• Worked on Vendor Master Tickets if there are any issues in P.O. (Purchase Order) Numbers by providing resolutions.
• Provided Floor Support to the TM's if they face any challenges, Queries, Questions and Clarifications.

B.Com - B.Com (Regulars) - A.V. College (Andhra Vidyalaya College of Arts, Science and Commerce)

Intermediate - CEC - New Chaitanya Jr. College

SSC - Dwarka High School