Nishitha Reddy

About Nishitha Reddy

Experienced compliance consultant with a strong focus on customer due diligence (CDD)…

Experience

1. Consultant

   ADP

   Sep 2024 — Present

   Conduct CDD and EDD on new and existing clients to verify their identification and determine risk. • Use risk assessment models to evaluate the risk of new and existing consumers based on region, industry, and transaction history. • Verify customer information against databases and screen for sanctions. • Ensure compliance with AML KYC rules and align organisational policies. • We rely on tools such as ECM viewer, Siebel, Vega, and Salesforce to verify the clients. • Maintaining adequate internal documents and an audit trail. The audit trail for AML and KYC must be kept up to date for both internal and regulatory purposes. • Experienced in conducting in-depth investigations of individuals and entities identified in negative media to guarantee AML compliance. • Strong understanding of global AML regulations (FATF, FinCEN, OFAC, EU AML Directives) and their application in handling negative news cases. • Conducted detailed SAR (Suspicious Activity Report) investigations, identifying transaction patterns and relationship risks, drafting comprehensive case notes and reports, and escalating findings to authorities to ensure compliance with regulatory mandates. • Collaborated with cross-functional teams to migrate from Actimize to Oracle Financial Crime Management,ensuring seamless integration into workflows, optimized alert generation, and increased detection accuracy in transaction monitoring

Education

• Indira Gandhi National Open University

  Master in food and nutrition (MSCDFSM)

• Kasturba Gandhi Degree & PG College for Women

  Bachelor's degree, Clinical Nutrition and dietetics