Praneeta Rai

Background

About Praneeta Rai

With 10+ years in financial services, I specialize in AML, KYC, EDD, and Financial Crime Risk Management (FCRM) Testing with a focus on audit remediation and corrective measures. My background spans compliance, underwriting, fraud monitoring, and risk assessment across both B2B and B2C clients.I bring hands-on experience in:Conducting CDD/EDD and validating client documentationLeading AML/FCRM testing and implementing corrective actions post-auditDetecting fraud, escalating red flags, and preparing STRs/LCTRsAssessing credit risk, verifying employment/income, and ensuring documentation complianceDriving process improvements and collaborating across teams to strengthen compliance cultureI am passionate about safeguarding financial integrity by connecting the dots across AML audits, testing, remediation, and risk management.Core Skills & Expertise:AML / ATF | KYC / EDD | CDD & Onboarding (B2B & B2C)FCRM Testing | Audit Remediation | Corrective MeasuresFraud Detection, Monitoring & STR/LCTR ReportingCredit Risk Assessment & Underwriting | Lease & Loan ComplianceInternal Audit (Non-Accounting)| Employment & Income VerificationData Validation | Quality Assurance | Process OptimizationStakeholder Communication | Cross-Functional Collaboration | Compliance CultureI am passionate about connecting the dots between CDD, EDD, FCRM Testing, audit remediation, and risk management—ensuring regulatory compliance while strengthening operational resilience.