Akash Adlak

Department: Dedicated Risk Team - BFCR (Chief Control Office, NFR CoE).

• Conducted investigations and risk assessments on AI-generated surveillance risk triggers with high precision to identify potential financial crime risks. (GB & CMB: Global Banking and Commercial Banking portfolio of UK & APAC)
• Filed unusual activity reports (UAR/SAR), highlighting identified financial crime risks while informing relevant business units.
• Led HINV (HSBC Innovation Banking) coordination as the SPOC, preparing key MI reports on a weekly and monthly basis, governance meetings, and stakeholder management. (Note: SVB UK is now known as HSBC Innovation Bank Ltd.)
• Minimized client and business outreach using a risk-based approach, alongside critical thinking in decision-making processes.
• Concluded more than 1500 investigations, ensuring outreach rate remained below 5% with no non-compliance feedback from Audits, Compliance & Regulatory teams.
• Oversaw sensitive, confidential information regarding financial crime risk, client data, and final decisions made by internal committees.
• Evaluated exposures related to tax, sanctions, digital currencies, money laundering, terrorist financing, cash activity, transactions monitoring, MSB/TPPP, IP blockings, and charity funding risks.

Department : AML KYC (Know your Customer)

• Conducted KYC checks for AMER clients at the stage of onboarding and periodic review, ensuring AML compliance and operational risk.
• Facilitated high-risk reviews (HRR) with Compliance (2LoD), providing actionable recommendations.
• Delivered subject matter expertise (SME), identifying red flags, resolving complex issues, and resolving QA disputes.
• Maintaining Service Level Agreement (SLA), Quality Standards (>98% Pass rate) and Continuous Feedback
• Trained and mentored junior and mid-level staff to enhance skill development. Led quality control (QC) meetings with stakeholders to ensure project standards.
• Ensured compliance with regulatory standards including Wolfsberg Principles, USA Patriot Act, and BSA Act.

Department: Advisory Risk Consulting |Forensic Services.

• Worked on the Anti-Bribery and Corruption project, addressing both detective and preventive aspects of the subject.
• Reviewed potential bribery and corruption activities for an energy sector client, ABC controls in accordance with Indian regulations (e.g., PCA, Companies Act).
• Ensured compliance with the client's ABC policies and legal requirements while maintaining confidentiality.
• Conducted employee activity reviews under client and attorney privilege, including email investigations and flagging unusual behaviors.
• Documented findings and reported potential bribery cases to the Legal Council and senior management.
• Briefly worked on the Know Your Customer project for a European investment bank.

Department: Credit and Policy Group (CPG CCMG)

• Led a team of 15 to 21 direct reports for more than four years, focusing on internal audit, monitoring, and reporting.
• Oversaw compliance controls across the portfolio, identifying risks associated with existing policies and processes.
• Conducted daily meetings to establish standards and mentor junior colleagues toward improvement initiatives.
• Successfully prevented fraudulent activities among customers while maintaining personal integrity.
• Developing documentation and records of audit findings, while ensuring timely communication with senior staff for escalations.
• Enhanced portfolio viability through effective delegation of responsibilities and reduced operational costs.
• Coordinated with SOX regulatory compliance for reporting and sample reviews.
• Analyse information from regulatory changes, new regulations, and internal policy adjustments to define new critical risk areas.