SHAILESH KUMAR
New Delhi
Summary
Experienced AML Transaction Monitoring specialist with 17 years in financial crime compliance. Expertise in transaction monitoring, suspicious activity reporting, fraud case review, and regulatory reporting. Proficient in data analysis and compliance technology, utilizing Python, SQL, and Java to enhance monitoring and process automation in alignment with RBI, FIU-IND, and FATF standards.
Overview
1
1
Certification
19
19
years of professional experience
Work History
Senior Manager – Financial Crime Intelligence
Axis Bank
09.2019 - Current
- Lead the enterprise Transaction Monitoring and Fraud Risk programme across retail and corporate portfolios for one of India's top-three private banks.
- Managed transaction monitoring processes, including alert generation, triage, L1/L2 investigation, case documentation, and SAR/STR filing with FIU-IND, ensuring compliance with RBI and PMLA requirements.
- Identify and investigate complex money laundering typologies — structuring, layering, mule networks, round-tripping, and trade-based ML — across savings, current, NRE, and corporate accounts.
- Lead AML rule enhancement initiatives: develop new detection scenarios, calibrate thresholds, and conduct back-testing to measurably reduce false positives and increase alert quality.
- Conduct cryptocurrency and virtual asset transaction monitoring, including on-chain analysis and screening of high-risk wallet addresses.
- Perform advanced data analysis using SPSS and Excel to profile suspected money mule clusters, identify behavioural patterns, and generate management MI for senior stakeholders.
- Oversee KYC remediation, EDD reviews, and sanctions screening escalations for high-risk and PEP-linked customers using Fircosoft.
Operations Manager – AML Compliance
HDFC Bank
01.2014 - 08.2019
- Prepared and filed SAR/STRs with FIU-IND, maintaining thorough case narratives and supporting documentation in compliance with PMLA obligations.
- Prepared and filed SAR/STRs with FIU-IND, ensuring compliance with PMLA obligations through thorough case narratives and supporting documentation.
- Maintained Large Transaction Reports (LTRs) for RBI submissions and monitored high-value FOREX remittances to ensure compliance with FEMA and AML regulations.
- Executed customer risk assessments and CDD/EDD reviews, assigning risk ratings based on geography, transaction behaviour, and nature of business to enhance risk management.
- Collaborated with internal audit and compliance teams on AML control reviews and regulatory inspections.
Customer Service Manager – KYC & AML
ING Vysya Bank (now Kotak Mahindra Bank)
05.2010 - 01.2014
- Executed KYC onboarding, CDD, and EDD reviews for retail and business customers; determined customer risk ratings based on geography, products, and business profile to ensure compliance.
- Conducted AML audits and monitored transactions of high-risk accounts; identified and escalated suspicious patterns for further investigation, enhancing fraud detection efforts.
- Facilitated implementation of AML monitoring controls in accordance with RBI guidelines and internal policy, strengthening compliance framework.
Senior Relationship Manager – KYC Compliance
ICICI Securities Ltd
11.2007 - 05.2010
- Ensured KYC compliance for Demat and Trading accounts per SEBI guidelines; monitored trading activity for suspicious behavior and regulatory breaches.
- Flagged anomalous trading patterns for compliance review, contributing to internal AML awareness initiatives.
- Cultivated strong client relationships to enhance service delivery and satisfaction.
- Analyzed client portfolios to provide tailored investment solutions.
- Coordinated with internal teams to ensure seamless transaction processing.
Education
PGDBM -
EMPI Business School
New DelhiBachelor of Engineering - Electronics & Communication
VTU
KarnatakaSkills
- SAR drafting
- Risk assessment
- Regulatory compliance
- Rule tuning
- Typology analysis
- Name screening
- Alert management
- On-chain analysis
- Data analysis
- Python
- SQL
- JAVA
- DTM Case Manager
- Team management
Certification
- Certified Anti-Money Laundering Specialist (CAMS) — ACAMS 2023
- AML & KYC Certification — IIBF 2022
KEY AML TRANSACTION MONITORING PROJECTS
Shell entity detection through current account linkage analysis — developed a data model to map beneficial ownership networks and flag dormant shell structures using transaction flow patterns., Automation of lottery-related Funds-In–Funds-Out monitoring — designed rule logic to auto-flag and pre-populate case narratives for this high-volume typology, cutting review time significantly., Statistical profiling of suspected money mule accounts — built an SPSS-based scoring model to rank accounts by mule likelihood, enabling prioritised investigation and improved SAR filing rates.
Languages
Hindi
First Language
English
Advanced
C1
Timeline
Senior Manager – Financial Crime Intelligence
Axis Bank
09.2019 - Current
Operations Manager – AML Compliance
HDFC Bank
01.2014 - 08.2019
Customer Service Manager – KYC & AML
ING Vysya Bank (now Kotak Mahindra Bank)
05.2010 - 01.2014
Senior Relationship Manager – KYC Compliance
ICICI Securities Ltd
11.2007 - 05.2010
PGDBM -
EMPI Business School
Bachelor of Engineering - Electronics & Communication
VTU