Summary
Overview
Work History
Education
Timeline
Generic

Rydham Chawla

Compliance Officer

Summary

Enthusiastic and switched on Compliance professional with a breadth of experience across Compliance oversight, Advisory & Risk management. Detail-oriented and dedicated to improving policies and procedures within the compliance framework. Investigative and attentive to detail aimed towards preventing fraud and ML/TF threats.

Overview

13
13
years of professional experience

Work History

Compliance Officer

ING Bank
02.2025 - Current
  • Review and assess alerts escalated by the first line related to sanctions, PEPs, adverse media, and negative news, ensuring appropriate action in line with AML/CTF obligations.
  • Provide advisory support to first-line teams on handling potential true matches, including guidance on next steps and escalation where required.
  • Advised business stakeholders on how the onboarding of new business product such as Sole Trader Accounts would impact IFTI-E and TTR reporting obligations, ensuring alignment with regulatory requirements.
  • Deliver detailed and constructive feedback on QA findings, supporting continuous improvement and risk mitigation across first-line processes.
  • Proactively identify and recommend efficiency improvements to enhance team operations and streamline compliance workflows.
  • Review International Funds Transfer Instructions (IFTIs) submitted by the first line, identifying issues or discrepancies and providing detailed feedback.
  • Prepare and update Standard Operating Procedures (SOPs) to reflect process improvements, regulatory changes, or new findings from IFTI reviews.

Senior Compliance Analyst (Advisory)

Convera Australia Pty Ltd
08.2022 - 01.2025
  • Provided AML/CTF advisory support on customer onboarding and reviews across a broad client base — from individuals and sole traders to Pty Ltd entities, trusts, associations, co-operatives, and public companies — ensuring effective financial crime risk management in line with regulatory obligations.
  • Led a global project to enhance and streamline customer onboarding and ongoing due diligence processes, ensuring the integration of regulatory requirements for both Australia and New Zealand. Collaborated closely with the offshore KYC Operations team to align them with local compliance expectations, supporting the company’s strategic objective of improving onboarding efficiency.
  • Reviewed and updated AML/CTF policies and procedures to ensure compliance with AUSTRAC regulatory requirements. Example - Did gap analysis of the onboarding requirements and updated the policy documents corresponding to it.
  • Led the implementation of IFTI-DRA reporting for Convera’s MSB clients, delivering business requirements, input on user interface design, and end-to-end documentation including desk procedures, rules, and test cases. Performed quality control on the AUSTRAC submission to ensure compliance and accuracy.
  • Provided compliance advisory on high-risk client reviews, assessing account activity against KYC profiles and advising the business on findings, potential risks, and appropriate mitigation strategies.
  • Investigate and analyse suspicious transactions and report Suspicious Matter Reports (SMRs) and Suspicious Transaction Reports (STRs) to regulatory authorities in Australia (AUSTRAC) and New Zealand (NZ Police)
  • Conduct risk assessment on Politically exposed persons (PEP) and high-risk customers before onboarding such customers.
  • Provided compliance oversight and advisory support during fraud-related investigations, engaging with regulators, law enforcement, and counterparties to ensure timely and effective cooperation.
  • Acted as a compliance point of contact for correspondent and partner bank requests, providing guidance and ensuring timely, accurate, and regulatory-compliant responses.
  • Reviewed and advised on IFTI-E and PTR reporting practices, identifying control gaps and working with stakeholders to implement sustainable remediation strategies.
  • Investigate, analyse and report suspicious matters to regulatory authorities in Australia (AUSTRAC).
  • Conduct risk assessment on Politically exposed persons (PEP) and high-risk customers before onboarding such customers.
  • Provided compliance oversight and advisory support during fraud-related investigations, engaging with regulators, law enforcement, and counterparties to ensure timely and effective cooperation.
  • Acted as a compliance point of contact for correspondent and partner bank requests, providing guidance and ensuring timely, accurate, and regulatory-compliant responses.
  • Reviewed and advised on IFTI-E and PTR reporting practices, identifying control gaps and working with stakeholders to implement sustainable remediation strategies.
  • Perform Enhanced Due diligence on high-risk clients to ensure account activity is in line with their KYC profile while preparing reports of any findings and recommendations for further actions or mitigation strategies.

Compliance Analyst

Nium Pty Ltd
01.2022 - 07.2022
  • Monitor and review applicable laws, rules and regulations to identify new compliance requirements and discuss the same with Compliance Manager.
  • Investigating enquiries from regulatory authorities/law enforcement, preparing responses and maintaining associated registers.
  • Reviewing and analysing any transactions or Client accounts escalations by first-line teams.
  • Conduct regular compliance monitoring reviews, analysis and reporting, while ensuring records and files are properly maintained and updated for regulatory purposes.
  • Identify and investigate any matters which may deem suspicious during Post transaction monitoring of Corporate SME, NON-FI and individuals. Also making sure information is captured correctly in data registers.
  • Submit SMR's to AUSTRAC's on matters deemed reportable.
  • Review PR/Marketing content from Compliance perspective and provide feedback to team.
  • Responsible for day-to-day administration and oversight of IFTI reporting process. This involves acting as escalation point for business aligned teams, assessment of reportability in line with internal policy and ensuring NIUM complies with its reporting obligations to AUSTRAC.
  • Assist the business with identifying gaps and remediating issues identified with regulatory reporting such as IFTI-E and PTR.
  • Perform monthly reconciliation and oversight of the IFTI-E and PTRs to ensure all transactions were reported correctly and in a timely manner to the regulatory authorities.

Senior Specialist

Western Union Business Solutions
10.2019 - 01.2022
  • Single point of contact for all Australian University clients serviced by Western Union including USYD, MQ, Deakin, UTAS, UNSW, UOM, UQO, UniSA to name a few.
  • Reviewing Compliance held payment and coordinating with Compliance team to ascertain whether to cancel the payment or request additional documents.
  • Analyse payments of universities to check frequent currencies being used and Countries where the payments are being booked.
  • Escalating urgent cases involving OFAC Sanctioned countries or Sanctioned individuals with the Sanctions team for review and client managers so the client can be educated/reminded of the Sanctions concern.
  • Assist wider team with KYC/CDD/EDD requirements and reaching out to clients to obtain supported documentation.
  • Reporting, communicating any activity that appears to be fraudulent in nature to internal Fraud Investigations Team.
  • Oversee work of junior specialists, helping to motivate strong performance and improve overall knowledge with focus on mentoring and coaching.
  • Identifying Red Flags in the payments or Invoices shared by the clients and investigating if the payment details are Fraudulent.
  • Ensuring full alignment with all operational areas and workflow management to ultimately deliver the first-class service for every transaction throughout the client's lifecycle.

Assistant Manager

A+E Networks
06.2016 - 12.2018
  • Screened and planned content for History and FYI channels in line with compliance and broadcast guidelines.
  • Provided editorial notes on content requiring modification to ensure regulatory compliance.
  • Verified accuracy of Indian maps from various vendors, mitigating risks of legal penalties or channel suspension.
  • Assisted Compliance team in responding to regulatory notices related to advertisements or broadcasts.
  • Coordinated review of sensitive content involving racist remarks, terrorism threats, or foul language with legal/compliance teams.
  • Prepared annual and quarterly premiere plans for multiple channels, shared with Asia-Pacific teams for strategic alignment.

Associate

Discovery Communications
11.2014 - 06.2016
  • Screening all content bought for Investigation Discovery.
  • Provide notes to editing team in Singapore based on Compliance guidelines.
  • Align with US team on delivery of content edited per their Compliance and provide notes basis Indian Compliance guidelines.
  • Maintain show inventory and related details like - vendors, channel rights, license renewals and management.

Operations and Training Assistant

Capital Small Finance Bank
05.2012 - 07.2014
  • Managed communications, data entry, record keeping, reporting, and coordinated product launch communications, staff training, executive branch visits, and invoice processing while learning general banking operations to enhance effectiveness.

Education

Certified Anti-Money Laundering Specialist -

ACAMS
11.2021

Bachelor of Commerce - undefined

Delhi University
08.2011

Timeline

Compliance Officer

ING Bank
02.2025 - Current

Senior Compliance Analyst (Advisory)

Convera Australia Pty Ltd
08.2022 - 01.2025

Compliance Analyst

Nium Pty Ltd
01.2022 - 07.2022

Senior Specialist

Western Union Business Solutions
10.2019 - 01.2022

Assistant Manager

A+E Networks
06.2016 - 12.2018

Associate

Discovery Communications
11.2014 - 06.2016

Operations and Training Assistant

Capital Small Finance Bank
05.2012 - 07.2014

Bachelor of Commerce - undefined

Delhi University

Certified Anti-Money Laundering Specialist -

ACAMS

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