Mitali Kulshrestha
Summary
- AML Compliance professional with over 8 years of experience in financial services specializing in Anti-Money Laundering (AML), Client Due Diligence (CDD), KYC, transaction monitoring, sanctions screening, fraud investigations, alert remediation, and regulatory reporting across banking and insurance sectors. Demonstrated expertise in conducting client reviews, identifying suspicious activity, preparing STRs, and supporting compliance with FINTRAC, AML/ATF requirements, PCMLTFA regulations, and financial crime controls.
Overview
10
10
years of professional experience
1
1
Certification
Work History
Compliance Officer – Contract
ICICI BANK CANADA
Toronto, Ontario
02.2026 - Current
- Conduct client account reviews and investigations to identify unusual or suspicious transactions.• Perform CDD and analyze client background information to assess financial crime risk.• Review linked names and associated accounts to identify suspicious patterns.• Conduct alert investigations and maintain documented rationale.• Prepare and file STRs in accordance with FINTRAC requirements.• Assess client risk profiles and recommend enhanced controls.Review linked names and associated accounts to identify suspicious patterns.
Technical Service Representative
Aaxel Insurance Brokers
Mississauga, Ontario
12.2024 - 02.2026
- Managed end-to-end policy lifecycle with emphasis on regulatory compliance and AML controls.
- Review policy transactions to detect red flags; support process improvements to strengthen controls.
- Process applications, renewals, endorsements with robust KYC/CDD verification and sanctions screening.
- Maintain documentation quality and alignment with AML regulations; collaborate with underwriting and operations.
- Managed policy lifecycle while ensuring compliance and risk controls.
- Performed KYC, CDD, sanctions screening and documentation review.
- Reviewed unusual transaction patterns and AML risks.
- Supported process improvements and strengthened compliance control.
Assistant Manager (Compliance- AML)
Bank of Baroda
Mumbai, India
08.2019 - 06.2022
- Draft STRs under FIU-IND requirements; ensure timely reporting and escalation of confirmed cases.
- Maintain organized STR files and due diligence documentation per internal policies and regulations.
- Perform client risk assessments; implement enhanced monitoring and client-specific controls.
- Conduct monthly/quarterly transaction monitoring to identify suspicious activity and AML risk trends.
Operations Officer
Bank of Baroda
Nainital, India
01.2016 - 07.2019
- Onboarded 10,000+ customers with full KYC/CDD/EDD compliance; maintained accurate documentation.
- Monitor AML alerts and suspicious indicators; escalate per risk management policies.
- Support high-volume operations and financial inclusion initiatives (e.g., demonetization-related projects).
Education
Post Graduate Diploma - Banking and Finance
Manipal University
Bengaluru, India07-2015
Bachelor of Technology - Civil Engineering
BIET
Jhansi, India05-2013
Skills
- Regulatory compliance
- AML Compliance
- KYC compliance
- PCMLTFA
- Fraud detection
- STR Reporting
- Transaction oversight
- Investigations
- Credit and Risk Analysis
- Compliance Monitoring Tools
- Data Analysis
- SAS-AML
- Power BI
- Tableau
- MS Excel
- Attention to Detail
- Analytical Thinking
- Stakeholder Communication
- Client management
- Stakeholder Communication
- Policy Development & Documentation Standards
- KYC/CDD/EDD, Sanctions Screening
- Third-Party Risk Management, Privacy, Issues Management
- Independent Reviews & Compliance Assessments
Certification
- Investment Funds in Canada (IFIC), In Progress
- Internationally Certified KYC Specialist (IKYCA), 01/01/26
- Certified Anti Money Laundering Specialist (ACAMS), 04/01/24
- Moody's Certificate in Commercial Lending, 12/01/20
- Junior Associate of Indian Institute of Bankers by Indian Institute of Banking and Finance, 03/01/16
- Anti-Money Laundering and Know Your Customer by Indian Institute of Banking and Finance, 08/01/15
Timeline
Compliance Officer – Contract
ICICI BANK CANADA
02.2026 - Current
Technical Service Representative
Aaxel Insurance Brokers
12.2024 - 02.2026
Assistant Manager (Compliance- AML)
Bank of Baroda
08.2019 - 06.2022
Operations Officer
Bank of Baroda
01.2016 - 07.2019
Post Graduate Diploma - Banking and Finance
Manipal University
Bachelor of Technology - Civil Engineering
BIET