Prashanth Nuthulakanti

About Prashanth Nuthulakanti

Experience in managing teams in AML Transaction Screenings and Transaction Monitoring, Enhanced Due Diligence and Reporting of KYC and KYCC and Customer Due Diligence • Well versed in Identifying, mitigating and escalating the RISK at transactions level, Customer level and Account level • Proficient with working on AML systems such as NORKOM, ACCUITY by using third party websites such as LEXISNEXIS, WORLDCHECK, Public Domain search etc.• Experienced Superannuation fund administration and payments• Experienced in Master data management for Vendors and Customers under Supply chain• Experienced in leading, coaching, mentoring and employing appropriate management staff.• Experienced in Project management such as Effort Estimations analysis, SLA Management, CTQs, Trainings, Backup creations, BCP, Conflict Management, Client engagement Management, Employee engagement, Attrition Management etc.• Experience of managing resources using appropriate communication, delegation and planning skills (PDCA Plan–Do–Check–Act)• Functional Exposure to Applications like Lotus Notes, SUPERB, SAP R/3, Citrix (Global Process Application) and other Process oriented applications

Experience

1. Compliance Manager - Aml Kyc

   PayPal

   Apr 2019 — Present · Chennai, IN

   PAYPAL INDIA PRIVATE LIMITED Mar’2016 – Till Date OPERATIONS MANAGER – AML – KYC (CIP)• Representing as a Group Leader from Chennai Center for Sanctions – OFAC – Alert review process under the Global Financial Crime and Compliance unit and leading a Team of 50+ reportees including Team leaders • Leading the execution and coordination of the compliance functions and activities for the assigned Teams• Managing Compliance operations under the KYC / CIP and Sanctions - OFAC Alerts review functions under GFCC vertical • Actively participates in teammate selection and on-boarding, internal talent movement, and training needs assessment and closure of knowledge gaps• Responsible for delivering the department’s KPIs as per the Service-level agreements and regulatory requirements• Communicating and Coordinating with the stakeholders from other Global centers • Introducing clarity and efficiency of process to existing operations in order to maintain high accuracy standards and to close the closure of knowledge gaps on Alert review process under the Global Sanctions – OFAC Level I• Maintaining a log of communications that are relevant to Compliance Issues and Responding promptly to Compliance Failures, if any and• Monitoring the Team\'s performance and sharing feedbacks and facilitating the regular 1:1 discussions with the direct Reportees on Daily / Weekly / Monthly basis • Creating the engaging environment by empowering the Employees and involving them in decision makings • Addressing team meetings and educating the team on latest updates and developments• Assisting in audit related tasks for the Sanctions – GFCC • Reporting Team’s performance with directors, periodically via emails and presentations • Overseeing Team\'s Incentives / Annual appraisals and sharing the recommendations with Management for approvals within the given guidelines / policies

Education

• A.V. College, Osmania University

  Bachelor’s Degree, Business/Commerce, Advertising and Marketing Management

  2000 — 2003

• Nava Chaithanya Jr. College

  HIGH SCHOOL, Business/Commerce, General

  1998 — 2000

• Keshav Memorial high School

  SECONDARY SCHOOL

  1988 — 1998