Aashima Bajaj

• Skilled in identifying red flags, documenting evidence, and escalating findings within the AML framework for further investigation. Worked as an SME and managed team of 15+ members.

• Proficient in Enhanced Due Diligence (EDD), Anti-Money Laundering (AML) procedures, Crypto Transaction monitoring (L2 level) and fraud investigations.

• Prepared and filed Suspicious Activity Reports (SARs) for accounts exhibiting potential structuring or suspicious activity.

• Monitored AML industry trends and assessed AML frameworks, including reviewing automated alerts related to OFAC, Watch Lists, and PEPs.

• Conducted thorough Due Diligence (DD) and Know Your Customer (KYC) research as part of an organization-wide AML compliance remediation initiative.

• Reviewed daily CDD and EDD cases and took appropriate actions to mitigate potential risks.

• In-depth knowledge of OFAC Sanctions Lists and related regulatory requirements.

• Utilized multiple internal tools to analyze transaction data for identifying potential fraudulent activities.

• Collaborated cross-functionally to develop fraud prevention strategies and implement effective solutions.

• Conducted risk assessments and applied fraud detection methodologies to real-time systems for proactive risk management.

• Analyzed fraud trends, providing strategic insights to drive informed decision-making and risk mitigation.

• Played an active role in new projects, offering business analysis expertise and recommending enhancements for continuous improvement.

• Performed initial due diligence and customer risk assessments for over 500 new accounts.
• Assisted in preparation of compliance reports and documentation for regulatory audits
• Reviewed and verified client information as part of KYC process, ensuring adherence to regulatory standards.

• Conducted AML/CTF investigations across both traditional finance and blockchain, assessing transaction activity for potential risks and irregularities.

• Monitored transaction patterns and behaviors to identify potential fraud and financial crime, ensuring adherence to compliance standards.

• Gained exposure to the methods used by sanctioned entities and illicit actors in transactions, applying risk-based approaches to mitigate threats.

• Developed insights into risk management within the Payments, Gaming, and Gambling sectors, contributing to enhanced fraud prevention strategies.

• Developed and maintained fraud detection dashboards for ongoing monitoring and analysis.

• Provided training and mentorship to junior analysts on advanced fraud detection techniques.

• Coordinated with cross-functional teams to update and enhance AML policies, reducing false positive alerts by 15%.

• Assisted in analysis of customer transactions to identify suspicious activity, resulting in reporting of 100 suspicious activity reports (SARs)
• Maintained and updated client records to ensure compliance with KYC regulations, improving data accuracy by 25%
• Supported senior analysts in development and implementation of AML training sessions for new hires.