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Ashish Kumar Pitala

With 5 years of experience as a Trade Sanction screening Analyst, I excel in Transaction Monitoring and have a strong background in identifying and flagging potential violations. My expertise lies in conducting thorough screenings to ensure compliance with trade regulations and mitigate risks for organizations. I have a proven track record of effectively analyzing and managing sanction-related issues, making me a valuable asset in the field.

Key Skills

Team Management
Process analysis
Compliance
Problem-solving skills
Export operations

Professional Experience

Mar 2024
Present
Senior Sanction Analyst
Tide Platform Hyderabad, IN
  • Conducted sanction screening and transaction monitoring to identify and investigate potential money laundering and terrorist financing activities within Tide Platform.
  • Reviewed and analyzed customer transactions and account activities to determine if they complied with AML regulations and policies.
  • Worked closely with the compliance team to escalate any suspicious activities or transactions for further investigation.
  • Developed and implemented new AML monitoring tools and processes to enhance the effectiveness of sanction screening and transaction monitoring activities.
  • Provided regular reports and updates to senior management on the status of sanction screening and transaction monitoring activities and any relevant findings or trends.
Aug 2021
Mar 2024
Senior Transaction Monitering Analyst
Wealth Matrix Portfolio and Management company Visakhapatnam, IN
  • Effectively monitored and reviewed high-risk transactions: Utilized advanced skills in sanction screening and transaction monitoring to identify potential risks and suspicious activity within client accounts.
  • Implemented and enhanced AML protocols: Collaborated with compliance team to develop, implement, and improve anti-money laundering protocols to ensure compliance with regulatory requirements.
  • Analyzed and investigated alerts: Conducted in-depth analysis of alerts generated by the transaction monitoring system, including reviewing account activity, identifying trends, and preparing detailed reports for management.
  • Trained and mentored junior analysts: Provided guidance and training to junior analysts on AML best practices, sanction screening techniques, and regulatory requirements to support their professional development.
  • Coordinated with stakeholders: Interfaced with internal and external stakeholders, including law enforcement agencies and regulatory bodies, to provide information and support during investigations and audits.
Jan 2021
Sep 2021
Senior AML Analyst
WNS Global services Pvt Ltd Chennai, IN
  • Developed and implemented advanced transaction monitoring models to detect suspicious activity and potential money laundering activities.
  • Conducted regular reviews of customer accounts and transactions to identify and investigate potential high-risk activities.
  • Utilized sanction screening tools to screen and monitor transactions against global watchlists and sanctions databases.
  • Analyzed large volumes of data to identify patterns, trends, and anomalies that may indicate potential money laundering or terrorist financing activities.
  • Provided training and guidance to junior analysts on AML processes, regulations, and best practices.
Feb 2016
Sep 2018
Senior Trade Sanction Analyst
HSBC Visakhapatnam, IN
  • Managed and oversaw all aspects of trade sanction screening within the bank to ensure compliance with regulatory requirements
  • Conducted transaction monitoring and analysis to identify any potential breaches of trade sanctions and escalated any suspicious activities to the appropriate stakeholders
  • Implemented and maintained anti-money laundering (AML) procedures to prevent financial crimes such as money laundering and terrorist financing
  • Collaborated with internal teams to investigate and resolve sanctions-related issues and provided guidance on trade sanction regulations
  • Utilized specialized skills in trade sanction screening and transaction monitoring to effectively detect, prevent, and report any suspicious activities in accordance with legal and regulatory standards

Education

Mar 2007
Jul 2013
Bachelor of Engineering in Sri Chaitanya engineering College
Jntu kakinada

Certifications

Certified AML KYC compliance officer
Vskills Government of india
Certified Crypto currency expert
Blockchain council
Certified Six Sigma green belt
Vskills Government of india

Hobbies & Interests

  • Reading books
  • Planting Trees

Languages

English
(Fluent)

Career Aspiration

As a Trade Sanction Screening Analyst, I aim to excel in team management, process analysis, compliance, problem-solving, and export operations. In the next 3 years, I aspire to become a trusted leader in my field, ensuring smooth operations and regulatory compliance for my organization.

Get in touch with Ashish Kumar