Krishika Chadha | CAMS
Melbourne,VIC
Summary
Experienced professional with a Criminology major, CAMS certification, and expertise in Financial Crime Operations, Controls Uplift, and Transformation. Experienced in implementing effective measures to mitigate risks and ensure compliance. Proficient in both the 1st and 2nd line of defence, offering strategic guidance to organizations.
Passionate about staying ahead of emerging trends, continuously expanding knowledge to combat evolving financial crime threats. Committed to driving positive change and collaborating with industry professionals to create a secure financial ecosystem and stop financial crime.
Currently acting as an Associate Director within Financial Crime Risk Mitigation (FCRM).
Overview
6
6
years of professional experience
1
1
Certification
Work History
Associate Director, AML/CTF and Fraud Risk Steward
National Australia Bank
09.2024 - Current
- Undertaking reportability assessment of Personal Banking Events
- Providing advice to the business on all aspects of AML/CTF and Fraud risk matters including monitoring risk appetite.
- Assessing Personal Banking Change Initiatives and providing AML/CTF and Fraud specific recommendations to ensure initiatives
Senior Associate, AML/CTF and Fraud Risk Steward
National Australia Bank
11.2022 - 09.2024
- Received recognition from internal and business stakeholders for assurance reviews completed, and helping the business deliver on critical SUP v11 treatment plan and findings.
- Stepped up take on additional tasks for the wider FCRM including delivering PACE process models, standardising templates,
- Performing end-end thematic reviews in response to a change in the internal or external financial crime environment including proven experience in leading Enterprise-Wide assurance reviews and delivery of the final reports.
- Undertake assurance activities (including Treatment Plan and Finding validation) to ensure processes and controls implemented by the businesses are effective in meeting policy requirements and mitigating financial crime risks.
- Assess control design and operating effectiveness as part of assurance activities.
- Trained advisory and assurance colleagues on control testing.
- Continuous delivery of Head of and People leader delegated initiatives.
Senior Associate, Internal Controls (DCO/MA)
Vanguard Australia
05.2022 - 11.2022
- Control identification, documentation, and assessment of controls in line with identified obligations, and business division risks
- Completed design testing for over 50 controls in within 3 months to assist in product go-live, and ensured project was delivered in a timely manner (overseeing design testing of 150+ controls).
- Assessing control environments for existing or to-be processes to ensure that the business controls meet and mitigate the relevant obligations and inherited risks respectively.
- Engage and manage senior stakeholders to implement and improve business processes through the use/integration of the risk and compliance framework.
- Documenting test script for newly documented controls for operational testing
- Reviewing events and treatment plans that have occurred due to control failures, and remediating operation and documentation of control to reduce further event risk exposure.
Associate, Controls Uplift
National Australia Bank
03.2021 - 05.2022
- Project: Business Transaction Experience (BTEX) Delivery for Online Onboarding of various business and individual products across 6 sub streams. Currently co- leading 2 of 4 active sub streams.
- Proficient in implementing Process Accelerated Controls Execution (PACE) as a part of relevant projects. PACE Process Modelling and Controls accreditations held. Obligations accreditation underway.
- Currently assisting two augmentation resources to receive their PACE accreditations.
- Delivered multiple training sessions on controls for Controls Uplift community.
- Proficient at analyzing the effectiveness of controls, and documenting new controls to mitigate risk, meet obligation requirements and business objectives. Supporting business DCO's to uplift existing controls.
- Recommending practical solutions for improving the process and control environment and documenting them in GRACE as findings and treatment plans.
- Engage and manage senior stakeholders to implement and improve business processes through the use/integration of the risk and compliance framework. Led integrated workshops and collaborated with diverse stakeholder groups.
Associate, Surveillance (UAR Monitoring)
National Australia Bank
09.2018 - 03.2021
- Key stakeholder within the team for all controls, process uplift, and subject matter related queries from the leadership team and other relevant stakeholders.
- Successfully implemented assessment criteria to triage high volume unusual activity reports during COVID-19 crisis.
- Represented the Transaction Monitoring Team for multiple awareness campaigns presenting to Key Stakeholders to drive Financial Crime Awareness.
- Successfully implemented detection scenarios of digital alerts for Labour Hire and Financial Abuse related typologies.
- Undertaking complex investigations identified via digital alerts and department submissions (Sanctions, Fraud and Anti-Bribery) for individuals, Politically Exposes Persons (PEPs) and non-individual entities.
- Contributing to the first line of defence by submitting high quality Suspicious Matter Reports (SMR) to AUSTRAC.
- Name Scanning for adverse media for customers via World Check One and Open Source.
- Assessing risk rating for customers.
- Escalate issues through suitable channels including, proposing customers for the exit.
Associate, Know Your Customer
National Australia Bank
07.2018 - 09.2018
- Providing high-quality services and successfully received positive customer feedback, team leader recognition, and an appreciation award for performance excellence.
- Addressed inbound inquiries regarding KYC refresh and supported the achievement of daily call targets.
- Ensured all outbound and inbound calls were in full compliance with the quality and compliance standards.
Education
Bachelor of Arts - Criminology
Monash University
Melbourne, VIC10.2017
Skills
- AML/CTF and Fraud Assurance
- AML/CTF Subject Matter Expert
- Controls Specialist (PACE Coach)
- Stakeholder Engagement
- GRACE Reporting
Certification
- Certified Anti-Money Laundering Specialist (CAMS)
- Professional Fundamentals of Banking (CQiB)
- Process Acceleration CE Coach
Languages
Hindi
Native or Bilingual
Timeline
Associate Director, AML/CTF and Fraud Risk Steward
National Australia Bank
09.2024 - Current
Senior Associate, AML/CTF and Fraud Risk Steward
National Australia Bank
11.2022 - 09.2024
Senior Associate, Internal Controls (DCO/MA)
Vanguard Australia
05.2022 - 11.2022
Associate, Controls Uplift
National Australia Bank
03.2021 - 05.2022
Associate, Surveillance (UAR Monitoring)
National Australia Bank
09.2018 - 03.2021
Associate, Know Your Customer
National Australia Bank
07.2018 - 09.2018
Bachelor of Arts - Criminology
Monash University
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