Laxman Munigala
Toronto,ON
Summary
I am a highly driven and adaptable professional with 2 years and 9 months of experience in finance, compliance, risk management, fraud investigation, anti-money laundering, transaction monitoring, loan documentation specialist, Skilled in identifying and mitigating financial risks by analyzing transactions and investigating potential fraudulent activities. I gained valuable knowledge in FINTRAC regulations and project management , Strengthening, my ability to support inclusive financial systems, while maintaining regulatory compliance.
Overview
3
3
years of professional experience
1
1
Certification
Work History
Quality Assurance ( AML Analyst )
Wells Fargo
04.2021 - 07.2022
- Managed AML & KYC related risks while conducted quality control checks on the alerts processed by US Payment, Cash Management and Indian Business operations teams with investigation on entities and related parties.
- Actively participated in internal calibrations of quality and operations ensuring consistent scoring.
- Performed quality sessions with operations teams for quality lessons and performance.
- Scrutinized daily transaction by analysis, research & investigation of the customer bank accounts for any money Laundering activities.
- By use of data anomalies and red flags connected to money laundering, terrorist funding, fraud, and sanctions violations, in-depth studies of suspicious behavior were carried out.
- Ensured strict adherence to regulatory obligations under BSA/AML, OFAC, and international sanctions regimes.
- Use excel to reviews and correct reports requiring quality assurance (QA) corrections.
- Lead end-to- end deal execution involving preparation of liaising with client management and all stakeholders with support in due diligence processes for Individuals, Firms & Organizations.
- Administered money laundering & terrorist financing crimes, utilized research & analysis of public records, commercial databases, global media sources & internet.
- Scrutinized wire transfers for correspondent clients to ensure compliance with U.S. Treasury, Department & Office of Foreign Assets Control and Anti Money Laundering.
- Traced customers background details (KYC – Know Your Customer) including identification of the sources of income, employment status, nationality and other account details.
- Identify, track, and communicate system improvement opportunities and analytic defects, and participate in the implementation process.
- Working together as a team, creating an inclusive workplace, and sharing vision, values, and company strategy.
- Identify unacceptable AML risks and properly escalate them to the Regulatory Reporting Quality Assurance Senior Manager or Quality Assurance Manager.
Loan Documentation Specialist
Wells Fargo
11.2019 - 03.2021
- Managed comprehensive loan document processes, including verifying financial documents, assessing loan feasibility, and ensuring compliance with bank policies and regulatory standards in a high-volume banking environment.
- Led pre-close activities for complex commercial loans, collaborating with internal teams and corporate legal to review and negotiate legal documents while mitigating documentation-related risks.
- Resolved escalated client issues, monitored team performance, and identifies process improvements to enhance efficiency, maintain quality metrics, and ensure customer satisfaction.
- Demonstrated strong time management and organizational skills, ensuring the accurate and timely completion of loan documentation and adherence to production targets
- Performed comprehensive KYC (Know Your Customer) through documents and AML (Anti-Money Laundering) evaluations for customer identification purposes and regulatory compliance throughout loan processing activities.
Education
Post Graduation Diploma - Project Management
Algoma University
Mississauga, ON07-2025
Bachelor of Commerce - International Accounting Finance ( Acca F1 - F6 )
Loyola Academy Degree College
Hyderabad, India 05-2019
Skills
- Quality risk management
- Anti-Money Laundering (AML ) Compliance
- Identity theft
- Fraud Analysis
- Transaction Monitoring & Investigation
- Client Due Diligence (CDD/EDD )
- Project Management
- Loan Processing & Documentation
- Suspicious Activity report
- Bank secrecy Act( BSA ) & FINTRAC Guidelines
- Microsoft excel, Powerpoint, Word
- Business Analysis and Process Improvement
Languages
English
Professional Working
Telugu
Native or Bilingual
Hindi
Professional Working
Activities Honors
- ·Constantly seeking opportunities for growth, including attending finance webinars, certification courses ( ACAMS ). Participating in industry events to stay updated with market trends.
- ·Actively involving in mentoring younger professionals and student interested in finance, risk management, and business operations, helping them navigate their career paths.
- · Keen interest in emerging technologies like AI, Machine learning, and financial automation and their potential to shape the future of finance and compliance.
Certification
- Pursuing the certified Anti-money laundering specialist ( Cams) certification with expected completion in the coming months to further enhance expertise in AMLCompliance and financial crimes prevention.
- AML Case Investigation skills udemy.
- · Anti-Money Laundering and customer verification training in Alison Scored 88 percentage.
Timeline
Quality Assurance ( AML Analyst )
Wells Fargo
04.2021 - 07.2022
Loan Documentation Specialist
Wells Fargo
11.2019 - 03.2021
Post Graduation Diploma - Project Management
Algoma University
Bachelor of Commerce - International Accounting Finance ( Acca F1 - F6 )
Loyola Academy Degree College
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