Nisha Kumar
Summary
With over five years of experience as a Manager at United Overseas Bank (UOB) Limited, I have gained valuable expertise in transaction monitoring. During my time as a contract staff at DBS, I reviewed Level 1 (L1) alerts and developed a strong foundation in identifying potential Money Laundering (ML) or Terrorism Financing (TF) risks. Joining UOB as a contract employee in August 2018, I quickly adapted to reviewing both individual and corporate customer transactions, demonstrating a deep understanding and flexible approach. Being converted to permanent staff in October 2019 solidified my commitment to continuous learning. As a Level 3 (L3) Analyst, I managed escalations from business units and handled complex cases involving sanctions and trade-based money laundering. Throughout my time at UOB, I embraced new challenges and opportunities for growth, thriving in a fast-paced and evolving environment.
Overview
7
7
years of professional experience
Work History
Compliance - AML Transaction Monitoring Officer
UOB
10.2019 - Current
- Review and investigate all transactional alerts generated by Transaction Monitory systems (e.g. Actimize V8) to identify any Money Laundering /Terrorism Financing (ML/TF) cautionary flags
- Level 3 analyst review and investigate system-generated alerts or escalated by level 1 analyst effectively in a timely manner
- Managed both corporate/ Individual Alerts and branch or Business Unit escalations
- Handling complex cases involving sanctions and trade-based money laundering.
- Provide evidence of decisions and reasoning based on facts and the potential ML/TF risks identified
- Prepare and file Suspicious Transaction Reports (STRs)
- Liaised with key business line and other functional units
- Ensure compliance with regulatory requirements, such as Anti-Money Laundering (AML) laws and Know Your Customer (KYC) guidelines
- Maintained strong communication with stakeholders, including management, legal, and compliance teams regarding transaction monitoring findings and recommendations for improvement.
AML TRANSACTION MONITORING OFFICER
DBS
06.2018 - 08.2018
- I was a Level 1 (L1) analyst and was responsible for reviewing customer transaction activity and behavior, analyzing historical data to identify trends and anomalies that could indicate potential Anti-Money Laundering (AML) or other criminal activities.
- My role was to ensures full compliance with regulatory requirements, including AML laws and Know Your Customer (KYC) guidelines.
- Conducting reviews for private and personal banking clients, applying a detailed understanding of compliance standards to assess risks detect suspicious activities and escalate to tier 2 accordingly.
- Worked closely with key business lines and cross-functional team
Education
Bachelor of Business - Accountancy
Royal Melbourne Institute of Technology
12.2018
Skills
- Flexible & Adaptable
- High-Risk Accounts Reviews
- Report writing and presenting
- Critical thinking skills
- Excellent communication skills
- Strong interpersonal skills
- Team Player
- Suspicious activity reporting
- Teamwork
- Team collaboration
Timeline
Compliance - AML Transaction Monitoring Officer
UOB
10.2019 - Current
AML TRANSACTION MONITORING OFFICER
DBS
06.2018 - 08.2018
Bachelor of Business - Accountancy
Royal Melbourne Institute of Technology
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