Muhammed Musthafa

About Muhammed Musthafa

At Barclays, our team leverages my expertise in AML and KYC to maintain the integrity of financial transactions, guided by an MBA in Banking and Finance from Sardar Patel University. I focus on ensuring compliance with rigorous due diligence regulations, a vital component in the fortress we build to protect our financial environment. With certifications in Globally Certified KYC Specialist (Go-AKS) and Lean Sigma white belt, our strategies are precise and effective. We navigate the intricate maze of sanctions and regulations, upholding Barclays\' reputation for compliance excellence and steadfastly contributing to a robust framework for risk assessment. Feel free to connect +91••••••••13 or m•••••••@gmail.com

Experience

1. Aml Kyc Analyst

   Barclays

   Jun 2023 — Present · Pune, IN

   Validated dispute documents and executed chargebacks on Visa and MasterCard platforms, ensuring 99% accuracy in regulatory compliance and significantly improving dispute resolution processes.• Coordinated with stakeholders and business leaders to identify new Operational Risk and Control (ORAC) issues in the US Consumer Banking dispute chargeback process as part of control audits. Partnered with the Controls Automation and Monitoring (CAAM) team to conduct in-depth assessments of newcontrol failures, leveraging data analytics to ensure an accurate control structure. This resulted in a streamlined control framework that has been verified and tested by control auditors.• Developed a systematic approach to dispute validation as part of the US Consumer Banking Dispute Global Subject Matter Expert (SME) team, reducing review time for chargeback cases by 40%. This improvement allowed the customer service team to focus on higher-priority issues, enhancing overall service quality.• Implemented a strategic approach and led the Continuous Policy and Procedure (PnP) Update Project in coordination with the quality and legal teams. Developed new PnPs based on regulated compliance requirements and approvals from business leaders, increasing process compliance with association guidelines by 25% and reducing operational loss (OPL) by 10%.• Conducted in-depth investigations into high-value dispute and fraud cases as part of the Ring-Fence Team. Monitored client transactions for red flags such as high-risk geographies, high-value transactions, and potential collusion to detect and prevent misuse of legitimate transactions.• Supported the business transformation from the US to India by coordinating with the vendor team and serving as part of the SME team on various special projects, including addressing new ORAC issues. Maintained seamless processes to avoid compliance penalties.

Education

• University of Calicut

  Bachelor's degree

  2017 — 2020

• Sardar Patel University, Balaghat

  Master of Business Administration - MBA

  2020 — 2022