Praveen Kumar Reddy Vennapusa

WORK HISTORY

EDUCATION

ABOUT PRAVEEN KUMAR REDDY VENNAPUSA

Philosophy on FCC : To learn continuously about the changing regulatory landscape,emerging risks and methodologies and assessing the potential threats in Financial Crime Compliance. MBA(Finance-IB) qualified, CAMS,CFCS,CFE and CIA Certified, Result-oriented dynamic Financial Crime Professional, having over 15+ years of Banking Experience, presently working with a regulated payment aggregator handling AML/Fraud Risk Managament and Business Compliance, targeting career in Financial Crime Prevention and Compliance. Presently engaged with Mizuho Bank as AVP - Compliance Acted as Principal Officer for Cashfree Payments for a very Short Stint managing the teams who are handling Merchant Risks and Merchant EDD, LEA enquiries and AML and Fraud Transaction monitoring. Also involved in the change management of the processes, procedures, control mechanisms and related SOPs, in line with the emerging Financial Crime Risks and changing regulations. My experience includes the handling the Fintech AML/KYC/CFT Compliance, level 1 & 2 Alerts monitoring, Regulatory reporting (SAR, CTR, CCR, NTR, CWTR), Customer Due Diligence and Data Quality Monitoring and Assurance, Enhanced Due Diligence, KYC Remediation, Sanctions screening, Assistance to MLRO on AML/KYC related assignments and issues. I had handled training programs on Financial Crime Prevention and Compliance especially focussed on Transaction monitoring. I am an avid follower and enthusiast of the emerging methodologies in FInancial Crime. I am following and learning continuously on Crypto and Virtual Assets, DLT, DeFi, Metaverse, Blockchain, AI/ML. Delivered special Projects related to Annual AML Risk Assessment, AML/KYC Gap Analysis, Regulatory Tranche Testing. Completed an additional Project on Audit Rationalisation Designed and developed Learning Platform \"DAKSHA\" and implemented a Need Based Training Program for AML and Compliance Teams. Successfully organised webinars and coordinated for completion of Compliance related International Certifications. I have the experience of handling and supervising Treasury Back Office functions including Payments and Settlements, Accounting and Reconciliations. Handled front-Line Branch Banking activities including Front line Customer servicing, onboarding and conducting Due Diligence.