Paul Pranith

A results-oriented professional with nearly 3.7 years of experience in Finance and Accounts Operations as a reconciliation processor. Proficiency in conceptualizing and implementing financial procedures, designing internal controls, and reporting systems to check compliance and control transaction. Detail-focused AML and KYC procedures with in-depth understanding of anti-money laundering and compliance laws.

Skilled in client onboarding, risk management, customer due diligence, and data analysis. Proven track record of improving operational efficiency through implementing enhanced compliance procedures.

RECONCILIATION SPECIALIST - HSBC Electronic Data Processing India Pvt Ltd - Hyderabad

(2024-12)

• Reconcile subledger accounts and report open items. Also, investigate the open items for resolution by escalating the open items.
• Understanding the nature of suspense accounts and validating the transactions flowing into suspense accounts, whether they are in accordance with the nature and purpose of the suspense account.
• Review and analysis of MoM and YoY variances.
• Sign-off of balances, along with substantiations and reconciliations.
• Liaison with internal auditors.
• Presented the monthly dashboard to the respective business managers.
• I volunteered in managing escalations and supporting the team by troubleshooting BAU issues, performing root cause analysis.
• Regular interaction with internal FBPs across teams in the UK.
• Review of aged open items. Applied lean thinking and identified the areas to automate or improve for process efficiency.
• Managed the month-end close process through the strategic tool. Tools that we use to perform daily BAU activities: TLM - Transaction Life Cycle Management, BMM - Browser Main Menu, FTP - Financial Transaction Platform, Cognos Analytics.

COMMERCIAL ANALYST (FCC GLOBAL) - Wells Fargo international solutions - Hyderabad

(2023-07 - 2024-03)

• Conducted thorough customer due diligence reviews for compliance with regulations.
• Ensured that all AML and KYC policies are properly implemented across the organization.
• Analyzed customer data to identify suspicious activity or potential money laundering schemes.
• Monitored real-time queues and analyzed high-risk transactions from specified points of sale within business portfolio.
• Documented findings and maintained detailed records of investigations conducted.

FRAUD SPECIALIST - Wells Fargo internationals solutions - Hyderabad

(2021-11 - 2023-06)

• Monitored alerts from fraud detection systems for unusual activity indicators.
• Utilized statistical analysis to identify fraud risk factors and recommend preventive measures.
• Working with the DAT Tech team for future enhancements, and reporting observations to the ADCC leadership teams.
• Planning and liaising with managers for the new team members' performance.
• Analyzed the individual performance of each team member in the learning curve, and motivated them to perform even better.
• Sharing and implementing best practices within the team in order to achieve 100% quality and efficiency.
• Planning, coordinating, and monitoring with the team members on daily activities such as the CAP plan and leave data.
• Handling the end-to-end process of fraud and claims for credit cards, working in a dynamic environment with higher monetary risk, and meeting daily targets.
• Send a letter of dispute to the cardholder for illegitimate transactions.
• Give credit to cardholders for recognized fraud claims.
• Follow up with cardholders for fraud transactions.
• Building high-value claims and processing chargebacks on high-risk cases.
• Take care of a technical issue of the team member.
• Updated general, sales, and purchasing ledgers on schedule, and verified information against documentation.

B.com(honours) - Commerce - Bhavans Vivekananda College (2019) Hyderabad, TG