Akshaya H M
Bangalore
Summary
Experienced Banking and Finance Professional with 6 years specializing in KYC and AML compliance. Proven ability to enhance risk management and ensure regulatory compliance, achieving cost savings for major financial institutions. Proficient in transaction monitoring and process optimization, with a strong focus on analytical problem solving and leadership.
Overview
6
6
years of professional experience
Work History
Business Process Lead
Tata Consultancy Services (TCS) Ltd.
02.2024 - 12.2025
- Conduct end-to-end customer due diligence (CDD) for entities ranging from sole proprietors to complex corporations, ensuring compliance with AML/KYC regulations.
- Perform periodic reviews of low, medium, and high-risk client profiles, identifying ultimate beneficial owners (UBOs), and mitigating risks.
- Conduct transaction monitoring reviews for retail and corporate clients, applying both rule-based and behavior-based monitoring scenarios to detect unusual financial activity.
- Analyze transaction patterns to detect suspicious activity, and file regulatory reports (SARs).
- Utilize AML tools and systems to review alerts, disposition cases, and ensure timely escalation of high-risk events.
- Participate in threshold tuning and alert optimization exercises, enhancing monitoring accuracy, and reducing false positives.
- Support regulatory and audit reviews, maintaining detailed documentation for AML investigations, and periodic compliance checks.
- Train and mentor new analysts on transaction monitoring procedures, red flag identification, and case documentation standards.
Processor Clt Onbr And Acct Opn
HSBC
08.2023 - 01.2024
- Investigated money laundering (AML), terrorist financing, and fraud cases, ensuring adherence to global compliance standards.
- Enhanced financial crime operating models by optimizing workflows and reducing false-positive alerts by 15%.
- Reviewed sanction screening alerts (World Check/LexisNexis), and escalated PEPs/Negative Media cases.
- Conducted in-depth transaction monitoring and prepared Suspicious Activity Reports (SARs/STRs) in compliance with regulatory requirements.
- Performed Enhanced Due Diligence (EDD) on high-risk clients, assessing source of funds/wealth, and exposure to financial crime risk.
- Collaborated with cross-functional teams to strengthen AML/KYC frameworks, supporting audits and regulatory inspections with zero major findings.
Processor
Wells Fargo
10.2019 - 07.2023
- Monitored PEPs and sanction lists, blocking high-risk accounts and reducing compliance breaches.
- Trained teams on phishing/spam trends and regulatory updates (FATCA,AML).
- Prepared and filed Suspicious Activity Reports (SARs/STRs) for medium-risk transactions in line with regulatory obligations.
- Conducted periodic KYC refreshes for medium-risk clients, identifying gaps, and recommending updates to mitigate exposure.
- Mitigating the risk by Verifying KYC in G-cop system end to end check, CIP, CDD, EDD, CRR, internal search and adverse media.
- Performing reviews for client of various complexity including low, medium and High risk within the required timeline and maintain good quality standard
- Collaborated with the Compliance and Audit teams to review medium-risk. cases, ensuring proper documentation and timely resolution.
Education
MBA - Finance and Banking
Reva University
Bangalore07-2019
Bacholer of Commerce - Finance
TMS College
Chikmagalore05-2017
Skills
- Anti-money laundering and compliance
- Risk management strategies
- Client due diligence
- KYC and AML/CTF processes
- Transaction monitoring and reporting
- Regulatory compliance (FACTA, PEPs, sanctions)
- Process improvement initiatives
- Stakeholder management
Technical Skills
- Tools: World Check, LexisNexis, Factiva, Google Search, Ripjar, MS Office (Excel, Word)
- Methodologies: AML/CTF, CDD/EDD, fraud detection, batch processing
Languages
English
Intermediate (B1)
B1
kannada
Native
Native
Timeline
Business Process Lead
Tata Consultancy Services (TCS) Ltd.
02.2024 - 12.2025
Processor Clt Onbr And Acct Opn
HSBC
08.2023 - 01.2024
Processor
Wells Fargo
10.2019 - 07.2023
MBA - Finance and Banking
Reva University
Bacholer of Commerce - Finance
TMS College