Summary
Overview
Work History
Education
Skills
Timeline
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Rashmi Anand

Rashmi Anand

Bengaluru

Summary

Results-driven EDD Specialist with strong expertise in AML compliance and transaction monitoring. Proven track record in enhancing risk assessment protocols and leading initiatives for improved policy development. Proficient in mentoring teams and optimizing review processes to boost suspicious activity detection and regulatory reporting. Recognized for strategic thinking and effective communication that align with organizational risk management objectives.

Overview

11
11
years of professional experience

Work History

EDD Specialist

Stripe
Bangalore
09.2024 - 05.2025
  • Facilitated end-to-end KYC assessments for new and existing Stripe customers, guaranteeing alignment with AML regulations and global financial crime requirements.
  • Conducted transaction monitoring to uncover unusual activities and escalated suspicious cases, submitting SARs to regulatory bodies as necessary.
  • Conducted extensive due diligence assessments featuring PEP screening, sanctions and adverse media investigations, beneficial ownership verification, and regulatory licensing validation.
  • Reviewed customer transactions and business models to analyze alignment with declared activities and detect risks pertaining to prohibited or high-risk industries.
  • Partnered with internal compliance teams to strengthen AML controls and procedures, driving continuous process enhancement.
  • Facilitated training sessions and served as SME for contractors and new joiners on EDD, PEP reviews, and transaction analysis during onboarding phases.
  • Compiled comprehensive investigative reports on high-risk profiles and facilitated risk assessments through meticulous documentation reviews and red flag identification.

AML specialist

Standard Chartered
Bengaluru
07.2022 - 08.2024
  • Investigate suspicious activity and escalate it to FCC if necessary
  • Develop and implement policies and procedures related to transaction monitoring and anti-money laundering (AML) compliance to ensure adherence to regulatory requirements
  • Collaborate with cross-functional teams, such as legal, compliance, and risk management teams, to manage risk and prevent fraudulent activity
  • Utilize software and analytical tools to monitor and investigate financial transactions to detect potential money laundering, fraud, or other suspicious
  • Developed and implemented robust detection algorithms for identifying potential Smurfing behaviors in real-time, enhancing the accuracy of risk assessments.activity.
  • Analyzed transaction data to identify key risk indicators and develop tailored detection scenarios that align with regulatory requirements and business objectives, 21 detection scenarios in particular to understand unusual behavioral pattern of customers.
  • Collaborated with compliance teams to escalate high-risk transactions, facilitating timely investigations and regulatory reporting.
  • Developed and refined criteria for red flag identification, enhancing the efficiency of transaction monitoring systems and reducing false positives.
  • Trained team members on red flag indicators, improving overall awareness and effectiveness in identifying potential fraudulent activities.

Business Analyst

Genpact
Bengaluru
05.2020 - 07.2022
  • Conducted Sanctions, PEP, Negative Media, transaction monitoring, ID&V, SRA and other watchlist screening for an array of clients
  • Monitor and track incidents to ensure resolution is achieved within the customer's Service Level Agreement
  • Worked within applicable standards, policies and regulatory guidelines.
  • Conducted comprehensive sanction screening of transactions and clients against global sanctions lists, ensuring compliance with regulatory requirements.
  • Developed and implemented robust screening protocols, enhancing the identification of sanctioned individuals and entities.
  • Maintained and updated sanction screening systems to align with evolving regulatory changes and best practices.

Due Diligence Analyst

HSBC
Bengaluru
06.2018 - 07.2019
  • Analysis to detect patterns, trends, anomalies and schemes in transactions and relationships across multiple businesses and products
  • Gather and review the client's financial statements, legal documents, and other relevant information to assess its current financial position and legal status
  • Make recommendations for changes to the account, products or services offered, or other aspects of the relationship based on the findings of the periodic review.
  • Conducted thorough due diligence assessments on corporate clients to evaluate creditworthiness and identify potential risks in lending decisions.
  • Maintained up-to-date knowledge of industry trends and regulatory changes, adapting due diligence practices to align with evolving standards.
  • Facilitated the review and approval process for new corporate accounts, ensuring thorough vetting and adherence to compliance requirements.

Service request Admin

Aricent Technologies
Gurgaon
05.2016 - 11.2016
  • Effectively driving backlog of senior engineers into the closure of Cisco's service request tickets
  • Review and report weekly and daily backlog reduction to manage and adhere to multi-team processes
  • Enhance the quality of CISCO products and services by timely addressing customers' queries.

Process Advisor

Barclays
Noida
05.2015 - 05.2016
  • Evaluate the risks associated with potential retail banking customers by reviewing financial statements, credit reports, and other relevant information
  • Develop and implement due diligence plans to guide the research and analysis process and ensure compliance with regulatory requirements
  • Perform research and analysis on individual customers to assess potential risks associated with account opening or other retail banking products and services.
  • Led audits of transaction monitoring systems, identifying gaps in detection capabilities and implementing necessary enhancements.
  • Presented findings on structuring activities to senior management, contributing to informed decision-making and policy development.

Relationship Manager

Vodafone
Jaipur
01.2014 - 04.2015
  • Build and maintain long-term relationships with existing and potential customers by providing them with B2B & B2C solutions
  • Designing service platforms and customer delight activities following customer affection and Happy to Help initiative
  • Product cross-sale in portfolio and lead generation.

Education

MBA: HR & Marketing -

Banasthali University
04.2014

BBA: HR & Marketing -

Birla Institute of Technology
04.2012

Skills

  • AML: CBS, CRT, SRT, HUB
  • Transaction monitoring
  • Enhanced due diligence
  • Risk assessment
  • Data analysis
  • Fraud detection
  • KYC assessments
  • Policy development
  • Regulatory compliance
  • Cross-functional collaboration
  • Process improvement
  • Excellent communication
  • Investigative reporting
  • CRM
  • RDC
  • CS Portal
  • Corp search
  • Leon
  • Feedzai
  • Confluence
  • SQL
  • Document management
  • Organizational skills
  • MS Office Suite

Timeline

EDD Specialist

Stripe
09.2024 - 05.2025

AML specialist

Standard Chartered
07.2022 - 08.2024

Business Analyst

Genpact
05.2020 - 07.2022

Due Diligence Analyst

HSBC
06.2018 - 07.2019

Service request Admin

Aricent Technologies
05.2016 - 11.2016

Process Advisor

Barclays
05.2015 - 05.2016

Relationship Manager

Vodafone
01.2014 - 04.2015

MBA: HR & Marketing -

Banasthali University

BBA: HR & Marketing -

Birla Institute of Technology

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Rashmi Anand