Hetal Parmar, [MBA, CAMS] profile photo 1 on Tal

Hetal Parmar, [MBA, CAMS]

Compliance and Risk Analyst at Travelex

Mumbai

4+ years of work experience

Travelex
May 20224 yrs 2 mosPresent

Maharashtra, India

• Due Diligence, Onboarding KYC. • APAC Retail Transaction Monitoring. • Assisting Manager in drafting procedure documents and providing support during internal and external audit. • Preparing monthly MIS. • Ensure Cohesion to internal Compliance Policies and Procedures. • Fraud prevention and investigation • Sanctions screening
Travelex India Pvt. Ltd.
May 20224 yrs 2 mosPresent

Monitored high-risk transactions across regions to detect and escalate potential fraud and money laundering activities. Expertise in analyzing transaction patterns, trends and monitoring suspicious activity, and maintaining proper records to ensure compliance with industry regulation. Acted as an SME in resolving compliance-related queries and issues concerning fraud detection and AML/KYC. Performed sanctions screening using global watchlists and internal systems to identify and escalate potential matches, ensuring adherence to OFAC, UN, EU, and local regulatory requirements and maintaining robust compliance with internal sanctions policies.
Travelex India Pvt. Ltd.
Jul 20231 yr 10 mosApr 2025

Conducted comprehensive due diligence reviews (CDD, EDD, SDD) and supported client onboarding for customers across Singapore, Hong Kong, and the Middle East, ensuring adherence to FATF guidelines, local regulations, and internal compliance standards. Prepared risk analysis reports evaluating financial, legal, and operational risks for internal audits and regulatory reviews. Collaborated with stakeholders and relationship managers to resolve documentation discrepancies, ensure seamless workflow continuity, and maintain accurate MIS dashboards. Supported regulatory audits by ensuring documentation accuracy, adherence to SLA timelines, and quality assurance.
Travelex India Pvt. Ltd.
May 20221 yr 2 mosJun 2023

Worked on Retail Transaction Monitoring processes across Singapore, Hong Kong, Thailand, Australia, New Zealand, Germany and Japan, ensuring compliance with regulatory standards and identifying potential financial risks. Successfully transitioned the manual transaction monitoring process to an automated system, enhancing efficiency, accuracy, and turnaround time. Drafted and updated SOPs and SLAs to align with evolving regulatory requirements and internal policies.

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Hetal Parmar, [MBA, CAMS] on Tal

Headline

Compliance and Risk Analyst at Travelex

About

ACAMS-certified Compliance & Risk Analyst with 4+ years of experience across AML, KYC, transaction monitoring, sanctions screening, and fraud investigations in APAC, the Middle East, and the UK. Skilled in conducting CDD and EDD for high-risk clients while ensuring compliance with FATF standards and global sanctions frameworks. Recognized for strengthening financial crime controls, identifying suspicious activities, and driving process improvements. Adept at stakeholder management and collaborating across teams to deliver effective risk and compliance solutions.

Location

Mumbai

Work experience

Analyst at Travelex, May 2022 - Present · 4 yrs 2 mos, Maharashtra, India, • Due Diligence, Onboarding KYC. • APAC Retail Transaction Monitoring. • Assisting Manager in drafting procedure documents and providing support during internal and external audit. • Preparing monthly MIS. • Ensure Cohesion to internal Compliance Policies and Procedures. • Fraud prevention and investigation • Sanctions screening

Risk Analyst at Travelex India Pvt. Ltd., May 2022 - Present · 4 yrs 2 mos, Monitored high-risk transactions across regions to detect and escalate potential fraud and money laundering activities. Expertise in analyzing transaction patterns, trends and monitoring suspicious activity, and maintaining proper records to ensure compliance with industry regulation. Acted as an SME in resolving compliance-related queries and issues concerning fraud detection and AML/KYC. Performed sanctions screening using global watchlists and internal systems to identify and escalate potential matches, ensuring adherence to OFAC, UN, EU, and local regulatory requirements and maintaining robust compliance with internal sanctions policies.

Risk Analyst at Travelex India Pvt. Ltd., Jul 2023 - Apr 2025 · 1 yr 10 mos, Conducted comprehensive due diligence reviews (CDD, EDD, SDD) and supported client onboarding for customers across Singapore, Hong Kong, and the Middle East, ensuring adherence to FATF guidelines, local regulations, and internal compliance standards. Prepared risk analysis reports evaluating financial, legal, and operational risks for internal audits and regulatory reviews. Collaborated with stakeholders and relationship managers to resolve documentation discrepancies, ensure seamless workflow continuity, and maintain accurate MIS dashboards. Supported regulatory audits by ensuring documentation accuracy, adherence to SLA timelines, and quality assurance.

Risk Analyst at Travelex India Pvt. Ltd., May 2022 - Jun 2023 · 1 yr 2 mos, Worked on Retail Transaction Monitoring processes across Singapore, Hong Kong, Thailand, Australia, New Zealand, Germany and Japan, ensuring compliance with regulatory standards and identifying potential financial risks. Successfully transitioned the manual transaction monitoring process to an automated system, enhancing efficiency, accuracy, and turnaround time. Drafted and updated SOPs and SLAs to align with evolving regulatory requirements and internal policies.

Hetal Parmar, [MBA, CAMS] - Analyst in Mumbai | Tal