Swarna Prabha Devi

About Swarna Prabha Devi

Strategic and results-driven Financial Crime Compliance & Governance professional with over 7 years of experience across global banking environments, specializing in financial crime risk management, regulatory governance, and control frameworks.I bring a strong command of international AML/CFT regulatory regimes, including the FCA Handbook, OFAC Sanctions, FATF Recommendations, FinCEN Guidance, and EU AML Directives (4AMLD–6AMLD). My expertise lies in designing, strengthening, and governing risk-based compliance frameworks that translate complex regulatory expectations into effective enterprise-level controls, ensuring regulatory confidence across jurisdictions.At Deutsche Bank, I led regulatory-driven governance initiatives focused on financial crime risk assessment, control effectiveness, and policy alignment, partnering closely with senior stakeholders to ensure operational frameworks remained aligned with evolving legal and regulatory mandates. I played a key role in enhancing beneficial ownership governance, sanctions risk oversight, and escalation frameworks, contributing to audit-ready, defensible compliance outcomes.I have successfully driven cross-functional collaboration to improve control consistency, reduce regulatory risk exposure, and embed a strong risk culture across operations.

Experience

1. Associate

   Deutsche Bank

   Aug 2025 — Present · Bengaluru, IN

   As an Associate within Deutsche Bank’s Financial Crime Compliance & Client Lifecycle Governance function, I contribute to the design, oversight, and ongoing effectiveness of client lifecycle control frameworks across APAC, EMEA, and Germany, ensuring alignment with global financial crime governance standards and regulatory expectations.My responsibilities are centered on financial crime risk governance, including the assessment of client risk exposure, validation of beneficial ownership governance, and oversight of enhanced risk controls for higher-risk client segments such as Politically Exposed Persons (PEPs), sanctions-sensitive entities, and complex ownership structures. I provide independent challenge and quality assurance to ensure that risk classifications, control decisions, and escalation outcomes are consistent, defensible, and regulator-ready.I operate within a regulatory-led governance framework, applying international and regional standards—including FATF Recommendations, EU AML Directives, BaFin supervisory expectations, and MAS guidelines—to support policy adherence, control effectiveness reviews, and audit readiness across jurisdictions.Partnering with Front Office, Compliance, and Operations, I support governance forums, remediation programs, and control enhancement initiatives, helping to identify systemic gaps, strengthen operating models, and reinforce a strong financial crime risk culture. Through this governance-driven approach, I help protect the institution from financial crime, regulatory scrutiny, and reputational risk, while enabling sustainable and compliant client lifecycle management.