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Varun Pareek

AML/KYC Analyst | Transaction Monitoring | CDD | Compliance | HSBC

Greater Hyderabad Area

4+ years of work experience

HSBC
Aug 20232 yrs 11 mosPresent

Hyderabad, Telangana, India

Spearheaded Customer Selection and Exit Management (CSEM) reviews triggered by Fraud, Transaction Monitoring, CDD, and Risk teams. • Independently own end-to-end investigations, including analysis, decision-making, documentation, and application of customer restrictions based on risk evaluation. • Perform in-depth analysis of customer profiles, transactional behavior, and risk indicators to identify potential financial crime risks. • Implement restriction codes in OBS based on risk segmentation and exit scenarios, ensuring smooth customer exit and stakeholder coordination. • Identified gaps in processes and recommended improvements to enhance early detection of suspicious activities. • Led internal initiatives to streamline case handling and reporting processes, improving operational efficiency. • Developed and maintained MI reports and Excel trackers to streamline workflows and maintain audit trails. • Trained and mentored new analysts on workflows, systems, and documentation standards.
GENPACT
Oct 202211 mosAug 2023

Bengaluru, Karnataka, India

Transaction Monetoring
Genpact Private Limited
Oct 202211 mosAug 2023

Managed high-volume transaction monitoring investigations for a U.S.-based client, identifying suspicious activities related to money laundering, fraud, and identity theft. • Took full ownership of cases from alert generation to final disposition, ensuring accurate analysis and timely escalation. • Supported SAR identification and escalation processes in line with regulatory requirements. • Collaborated with Quality Check and compliance teams to ensure adherence to internal policies and regulatory standards. • Prepared clear and concise investigation reports supporting decision-making processes. • Improved process efficiency by resolving operational challenges and ensuring timely escalation in a deadline-driven environment.

Education

M.com, Business/Commerce, General

Govt. Lohia College

Bachelor of Business Administration, Business Administration and Management, General

S S Jain Subodh P G College, Jaipur

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Headline

AML/KYC Analyst | Transaction Monitoring | CDD | Compliance | HSBC

Location

Greater Hyderabad Area

Work experience

Analyst at HSBC, Aug 2023 - Present · 2 yrs 11 mos, Hyderabad, Telangana, India, Spearheaded Customer Selection and Exit Management (CSEM) reviews triggered by Fraud, Transaction Monitoring, CDD, and Risk teams. • Independently own end-to-end investigations, including analysis, decision-making, documentation, and application of customer restrictions based on risk evaluation. • Perform in-depth analysis of customer profiles, transactional behavior, and risk indicators to identify potential financial crime risks. • Implement restriction codes in OBS based on risk segmentation and exit scenarios, ensuring smooth customer exit and stakeholder coordination. • Identified gaps in processes and recommended improvements to enhance early detection of suspicious activities. • Led internal initiatives to streamline case handling and reporting processes, improving operational efficiency. • Developed and maintained MI reports and Excel trackers to streamline workflows and maintain audit trails. • Trained and mentored new analysts on workflows, systems, and documentation standards.

Senior Associate at GENPACT, Oct 2022 - Aug 2023 · 11 mos, Bengaluru, Karnataka, India, Transaction Monetoring

Operations Associate at Genpact Private Limited, Oct 2022 - Aug 2023 · 11 mos, Managed high-volume transaction monitoring investigations for a U.S.-based client, identifying suspicious activities related to money laundering, fraud, and identity theft. • Took full ownership of cases from alert generation to final disposition, ensuring accurate analysis and timely escalation. • Supported SAR identification and escalation processes in line with regulatory requirements. • Collaborated with Quality Check and compliance teams to ensure adherence to internal policies and regulatory standards. • Prepared clear and concise investigation reports supporting decision-making processes. • Improved process efficiency by resolving operational challenges and ensuring timely escalation in a deadline-driven environment.

Education

M.com, Business/Commerce, General, Govt. Lohia College

Bachelor of Business Administration, Business Administration and Management, General, S S Jain Subodh P G College, Jaipur

Varun Pareek - Analyst in Greater Hyderabad Area | Tal