Babita Bhalla

Business Analyst @CIBC

Toronto, ON, CA

Conducted AML investigations on flagged transactions, client account discrepancies, and high-risk activities by leveraging systems such as Verafin, COINS, ECIF, SWIFT, PRM, PostEdge, and WorldCheck,ensuring compliance with AML/ATF regulatory frameworks.• Performed transaction monitoring reviews and prepared STRs/SARs for submission to FINTRAC, ensuring timely and accurate reporting of suspicious activities in alignment with regulatory standards.• Processed and investigated 500+ transactions weekly in Transaction Banking, applying strong analytical skills and compliance checks that improved efficiency by 30% and reduced reporting errors.• Perform data extraction, manipulation, and analysis using advanced Excel skills to ensure the accuracy and integrity of regulatory submissions.• Collaborated with compliance, operations, and audit teams to articulate findings, investigate discrepancies, and recommend corrective actions, strengthening AML controls and risk mitigation efforts.• Performed quality assurance reviews on AML-FIU alerts, EDD cases, and high-risk client files, ensuring compliance with FINTRAC regulations and enterprise AML policies.• Supported AML QC/QA reviews by identifying gaps, documenting quality issues, and contributing tocontinuous improvement of monitoring and reporting procedures.• Contributed to investor-related AML functions by ensuring accurate due diligence, data validation, andadherence to KYC/AML standards in onboarding and monitoring processes.• Mentored and cross-trained new analysts on AML systems, investigative techniques, and compliancebest practices, fostering stronger communication and team performan