Laxmi Prasad Kuruva

About Laxmi Prasad Kuruva

sharing them with team leads, management, and clients for performance tracking and decision-making.Verifying client KYC compliance and documentation before processing transactions.Handling end-to-end processing of non-commercial transactions(NCT) such as bank mandate changes,nominee updates, address changes, and KYC modifications.Ensure all transactions comply with SEBI regulations, AMFI guidelines, and internal brokerage policies.Managing end-to-end bank detail maintenance, including data collection, validation, secure entry, and auditdocumentation, contributing to accurate and timely payments.Verifying and updating bank account details for a customer involves confirming the accuracy and validity of theinformation provided.Verifying and validating customer/distributor bank account details, including account number, IFSC code, andsupporting documents (e.g, canceled cheque, bank passbook, or statement), ensuring accuracy andcompliance with internal and regulatory standards before processing transactions.Transferring of AUM from one distributor to another post verifying the necessary documents according to thechecklists or as per AMFI compliance and following ups with concerned branches for the missed out documentsover mails and phone calls.Coordinating with clients to collect documents, update KYC, and profile risks (as per SEBI/RIA norms).Performed daily/monthly bank reconciliations to ensure accuracy between internal ledger and external bankstatements.Maintaining accurate and up-to-date reconciliation records in compliance with company policies and accountingstandards.Collaborated with auditors during internal and external audits, providing complete reconciliation documentation.Providing satisfactory resolutions regarding brokerage/commission by comparing distributor’s monthly accruedincome through various source apps to the queries received over mails or in CRM.Responding to bulk emails received externally at the PAN India level through various channels such as customercare and branches, providing the required information.Managing daily office operations, including handling incoming and outgoing emails professionally.

Experience

1. Senior Associate

   Kfin Technologies Ltd

   Jun 2024 — Present · Hyderabad, IN

Education

• Jayaprakash narayan college of engineering

  Bachelor of Engineering - BTECH

  2018 — 2021