Sai Rekha Surada
Toronto,Ontario
Summary
Compliance and financial crime risk management professional with over 10 years of experience in the global banking sector, specializing in Experience with screening and transaction monitoring & surveillance tools such as SAS, Actimize, Oracle, World-check, Lexis Nexis, Refinitiv, etc. Proven track record in executing and managing end-to-end compliance processes, aligning with regulatory bodies including SEC, FINTRAC, OSFI, and other international frameworks. Recognized for leadership, analytical insight, and process improvements in high-performing teams at Deloitte, HSBC, Barclays, and Standard Chartered.
Overview
11
11
years of professional experience
1
1
Certification
Work History
Solution Advisor - Manager FCC Investigations Team
Deloitte
05.2017 - 07.2021
- Proactively managed a team of 11 members, who conducts review of alerts triggered for Market Abuse modules within Surveillance tools and systems such as SAS, Actimize and Oracle and others (Behavox).
- Assisted team in performing investigations and transaction analysis, to identify red flags or unusual patterns of transactional activity that may be indicative of potential Market abuse behavior.
- Collaborated with other FCC teams in performing enhanced due diligence activities such as open-source searches, negative media and/or name screening (World-Check, Lexis Nexis and other searching engines) whenever required.
- Review the drafted detailed Suspicious Transaction Reports (STRs) and submit the detailed completed reports to the regulators based on findings.
- Monitor development in regulatory requirements and work with global teams to adjust surveillance models accordingly.
- Prepare documentation to support reviews conducted and to substantiate/demonstrate adequate processes/controls to meet applicable regulatory requirements.
- Assist ongoing review of relevant processes and procedures to ensure best practice is followed.
- Interact with members of Regional Compliance Teams and other stakeholders to assess, document, monitor, report, develop, coordinate, and implement various compliance monitoring activities, ongoing testing related controls.
- Act as subject matter expert in resolving complex situations in day-to-day tasks.
- Assist in delivery of compliance related projects and initiatives including ad-hoc requirements.
- Effectively review and resolve any potential compliance issues as they arise.
- Help senior management in making process more effective and efficient.
- Responsible for performing the required checks as per the TAT and escalating suspicious cases.
- Assisted team members in investigating suspicious transactions to identify violations of exchange rules or market abuse behaviors.
- Ensured high-quality client information gathering aligned with internal policies, procedures, and applicable regulatory standards (OSFI, FINTRAC, etc.).
- Provided guidance and operational support to team members on due diligence procedures and handled day-to-day client review queries.
- Supported the development of audit and management reports by generating and validating compliance metrics.
- Participated in industry seminars, team workshops, and internal compliance training sessions to stay abreast of global regulatory compliance trends.
- Supported special initiatives and strategic projects assigned by senior management, including remediation efforts and compliance system upgrades.
Assistant Manager – Transaction Monitoring & Surveillance Team
Hongkong and Shanghai Banking Corporation (HSBC)
02.2015 - 03.2017
- Investigate alerts generated by transaction monitoring systems, and preparing detailed investigative reports summarizing findings and recommending actions.
- In this role supports the organizations compliance at First Line of Defense to drive stronger Fraud risk mitigation.
- Reviewed & escalated alerts generated by the Surveillance system to identify breaches of internal policies, particularly related to Market Abuse risks using transaction monitoring tools such as Actimize, Red kite.
- Conducted daily, weekly, and monthly monitoring tests to mitigate risks outlined in the Surveillance RC monitoring plan.
- Identified opportunities for improvement and contributed to the ongoing development of systems to enhance monitoring efficiency.
- Assisted with User Acceptance Testing (UAT) of newly developed monitoring tests to ensure effectiveness.
- Produced accurate and comprehensive Management Information (MI) reports.
- Cultivated strong relationships with various teams, both onshore and offshore.
- Maintained HSBC internal control standards by promptly addressing internal and external audit points and addressing issues raised by external regulators.
Senior Compliance Analyst - AML
Standard Chartered Bank - Scope International
07.2013 - 02.2015
- Helping design, review, enhance, implement, and monitor of numerous regulatory requirements, sanctions detection and compliance program banks customers around the world.
- Mitigating the risks associated with customer onboarding, remediation and refresh including conducting customer due diligence and enhanced due diligence, as applicable.
- Conduct thorough investigations and analysis of financial transactions to identify potentially fraudulent activities
- Conduct research about customer and its related parties to identify and evaluate risk-relevant information from sources, including but not limited to online media articles, public records, internet references, proprietary databases, global sanction, and regulatory lists
- Assist in conducting customers and counterparties screening against sanctions lists, PEP lists, and other watchlist.
- Assess the risks at the enterprise and business unit level, drafting and enhancing policies and procedures, creating and delivering training modules, compliance assessments, internal controls assessments & internal investigations
- Conducting comprehensive risk assessments to identify and evaluate potential financial crime risks to clients.
- Assist with reviewing/analyzing financial statements, emails, and other documentation for anomalies. Prepare draft reports to submit investigation findings.
- Preparing and maintaining comprehensive documentation of all compliance activities, including investigation reports, risk assessments, and testing results
- Reviewing and analyzing fraud alerts to identify and investigate potentially fraudulent activities and present findings to senior management.
- Developed improvement and corrective action plans to bring operations in line with requirements.
Associate Analyst – AML/KYC
Barclays Bank, Wipro Payroll
10.2011 - 02.2013
- Worked collaboratively within the PEP Team, conducting in-depth reviews of Politically Exposed Persons (PEPs) to understand potential risks and mitigate them effectively.
- Applied EDD Standards and Guidelines alongside baseline KYC checks to evaluate PEPs and their activities, making recommendations and obtaining management approval as per policies.
- Conducted EDD for PEPs, liaising with Lines of Business (LOBs) to gather customer information and communicate final decisions.
- Utilized analytical and research techniques, along with various databases and internet sources, to make informed decisions regarding PEPs.
- Maintained updated information on systems and documentation, ensuring completeness for review and audit purposes.
- Conducted money laundering investigation-related activities to detect and report financial crimes, including filing Suspicious Activity Reports (SARs) on unusual activity.
- Participated in special projects and performed additional duties as required.
- Demonstrated independence and strong time management skills within a team environment, prioritizing daily workload to meet department objectives.
- Supported management by ensuring timely completion of daily, weekly, and monthly reports.
Research Analyst
Factset India Pvt Ltd
06.2010 - 02.2011
- Collect, analyze, and process financial market data from various sources, ensuring accuracy and integrity before inputting into the team's database.
- Focused on maintaining the integrity of the company's financial market information throughout the data collection and processing stages.
- Addressed audit resolutions and recommendations from QC/Policy team, adhering to specific guidelines.
- Fulfilled research, analytical, and market study needs as requested by external clients to support future and current business endeavors.
- Reported and maintained records of work done in a timely manner, ensuring transparency and accountability.
Education
MBA - Finance & Marketing
GITAM University
Visakhapatnam01.2010
Bachelor of Commerce -
Sri Venkateshwara University
Tirupati01.2007
Skills
- Market Surveillance Techniques
- Financial Crime Compliance Analysis
- Risk-Based Client Assessments
- Client Due Diligence (CDD)
- Enhanced Due Diligence (EDD)
- Investigation and Analysis
- Regulatory monitoring
- Team Leadership
- Cross-Functional Collaboration
- Audit Support
- Documentation
- Strong research
- Analytical skills
- Artificial Intelligence-Driven Automation
Certification
- Information Security Management Certification
- Regulatory Compliance Management Certification
- Fraud Detection and Prevention Certification
- Completed Market Surveillance Techniques Certification
Accomplishments
- Leadership Excellence Award, Deloitte, 06/21
- Outstanding performance award, Deloitte, 2019
- Exemplary Team Player award, Deloitte, 2018
- Best performer of the quarter, HSBC, 2016
- Star performer, Wipro-Barclay's, 2013
- Award of excellence, FactSet, 2011
- Top scorer in college academics at graduation Level
Languages
English
Full Professional
Telugu
Native or Bilingual
Hindi
Native or Bilingual
Tamil
Professional Working
Disclaimer
To the best of my knowledge, the information provided in this resume accurately reflects my qualifications, experiences, and achievements. I am committed to delivering excellence and contributing positively to any team or organization I join. Thank you for considering my application.
Timeline
Solution Advisor - Manager FCC Investigations Team
Deloitte
05.2017 - 07.2021
Assistant Manager – Transaction Monitoring & Surveillance Team
Hongkong and Shanghai Banking Corporation (HSBC)
02.2015 - 03.2017
Senior Compliance Analyst - AML
Standard Chartered Bank - Scope International
07.2013 - 02.2015
Associate Analyst – AML/KYC
Barclays Bank, Wipro Payroll
10.2011 - 02.2013
Research Analyst
Factset India Pvt Ltd
06.2010 - 02.2011
MBA - Finance & Marketing
GITAM University
Bachelor of Commerce -
Sri Venkateshwara University
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