Financial Crime Regulatory Compliance
Resume:
SUPARNA BARAL – CHAKRABORTY
AML Risk Assessment Fraud Analysis Financial Crime Investigations Strong Analytical Skills
************@*****.***
Linkedin.com/in/suparnachakraborty
New Hyde Park, NY
Seasoned AML and financial crimes management professional with extensive experience in conducting KYC/CDD/EDD reviews and maintaining regulatory compliance across banking and Fintech sectors. Excel at analyzing customers’ account transactions to identify suspicious activities, detect unusual patterns, and utilize AML monitoring systems to mitigate risks. Well-versed in filing SARs and assessing financial crimes to ensure BSA/AML adherence. Adept at high-risk customer onboarding, sanctions screening, and cross-institutional investigations. Proven ability to develop AML policies, provide staff training, and enhance internal controls to strengthen financial crime prevention frameworks.
Work Experience
TRANSACTION MONITORING OPERATIONS (QC ANALYST) Nov 2022 - Oct 2024
PAYONEER New York, NY
Composed and meticulously reviewed Suspicious Activity Reports (SARs), ensuring precise regulatory compliance and timely submission to jurisdictional authorities. Spearheaded process enhancements by introducing standardized SAR template, streamlining investigations, and boosting operational efficiency.
●Elevated effectiveness of transaction monitoring and investigations workstreams by providing expert oversight, resulting in increase in detection and prevention of suspicious activities.
●Analyzed and resolved high-risk, complex scenarios, including customer due diligence, politically exposed persons, adverse media, and other U.S. compliance matters, realizing optimal accuracy rate in risk assessments.
●Detected and monitored emerging AML trends, wire /ACH fraud, money laundering in high-risk regions, human trafficking, drug trafficking, and terrorist financing, strengthening investigative accuracy.
●Assessed and dissected intricate financial transactions, including B2B payments, customer due diligence, politically exposed persons, and escalations, mitigating potential risks and reinforcing regulatory adherence.
●Developed and delivered targeted employee training programs for fraud analysis and financial crime investigations.
●Collaborated with QA, AML, and management to develop and refine Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs) for enhanced reporting and risk oversight.
AVP, TRANSACTION MONITORING, BSA/AML DEPARTMENT May 2022 - Aug 2022
SHINHAN BANK AMERICA New York, NY
Oversaw KYC procedures for high-risk accounts, performing Enhanced Due Diligence (EDD) reviews to mitigate financial crime risks. Prepared and delivered impactful training programs for junior analysts, raising proficiency of each individual in BSA transaction monitoring and SAR investigation best practices.
●Led in-depth investigations into customer transactions, filing Suspicious Activity Reports (SARs) and Continuing Activity Reports (CARs) to identify suspicious activities and contribute to prevention of financial crimes.
●Facilitated branch investigations into Currency Transaction Reports (CTRs), auditing customer CIP compliance, KYC documentation, business records, and beneficial ownership verification to strengthen regulatory adherence.
●Monitored regulatory developments to ensure compliance in AML risk assessment and fraud analysis.
SENIOR ANALYST, TRANSACTION MONITORING, FCRM, BSA/AML DEPARTMENT Jul 2017 - May 2022
NEW YORK COMMUNITY BANK Hicksville, NY, NY
Analyzed system-generated transaction alerts under the BSA/AML compliance program, highlighting suspicious patterns and mitigating financial crime risks. Applied sound judgment in financial crime investigations, mitigating risks, and ensuring compliance with regulations
●Prepared and presented SARs and CARs to senior leadership committees, providing actionable risk assessments and strategic recommendations that informed key decision-making and fortified organizational risk posture.
●Authored and processed 314(b) information-sharing requests, strengthening due diligence capabilities and fostering collaboration with other financial institutions to combat financial crimes.
SENIOR COMPLIANCE ANALYST, FIU INVESTIGATION UNIT Aug 2016 - Nov 2016
ITA'U CORP BANCA NEW YORK, NY
Compiled and submitted detailed SARs, ensuring thorough documentation and regulatory adherence. Involved in conducting investigations into suspicious transactions by utilizing internal and external data sources.
●Examined wire transactions in high-risk jurisdictions, identifying red flags and escalating potential suspicious activities.
KYC ANALYST, NEGATIVE MEDIA Nov 2015 - May 2016
J.P. MORGAN BROOKLYN, NY
Generated SARs and conducted ongoing transaction monitoring, enhancing due diligence efforts. Carried out thorough reviews of negative media sources to uncover adverse information on customers, vendors, and counterparties.
●Evaluated client data and adverse media reports to determine risk exposure and adhere to AML regulations.
CDD/KYC SPECIALIST, QUALITY CONTROL Aug 2015 - Nov 2015
STANDARD CHARTERED BANK NEW YORK, NY
Screened customers against global risk indicators, ensuring compliance with AML policies. Collaborated with team to develop and implement effective controls, guaranteeing timely completion of CDD/KYC reviews.
●Reviewed client documentation for adherence to Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) requirements, minimizing regulatory risk.
Core Skills
Transaction Monitoring, High-Risk Customer Profile Analysis, Global Regulatory Compliance, Staff AML Training, AML Monitoring Systems, Cross-Functional Collaboration, Law Enforcement Liaison, Transaction Pattern Analysis, Key Stakeholder Engagement, Fraud Detection & Prevention, Financial Crime Typology Identification, Data-Driven Decision-Making, Suspicious Activity Reporting (SAR), AML Typologies, OFAC Screening, Enhanced Due Diligence (EDD), Consumer Banking, Employee Training KYC & CDD Compliance, Systems (Verafin, Mantas, Actimize, Case Management, Norkom & Others), US Patriot ACT Regulations,
Education
University of Calcutta
Bachelor of Arts Philosophy
Certificates
Certified Anti Money Laundering Specialist (CAMS)
ACAMS
Certified Transaction Monitoring Associate (CTMA)
ACAMS
Anti-Money Laundering & Higher Risk Client Management Certification
Nasdaq
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