Kapila Advani
About Kapila Advani
Kapila Advani is an Account Risk Management Senior Associate at the Federal Reserve Bank of New York, with over ten years of experience in Anti-Money Laundering investigation and compliance. She holds a Bachelor's degree in Information Systems from Virginia Commonwealth University and has previously worked at Wells Fargo in various compliance roles.
Current Role at Federal Reserve Bank of New York
Kapila Advani serves as an Account Risk Management Senior Associate at the Federal Reserve Bank of New York. She has held this position since 2015, accumulating over nine years of experience in this role. Her responsibilities include managing account risks and ensuring compliance with regulatory standards. Advani's expertise in risk management is supported by her extensive background in anti-money laundering investigations.
Previous Experience at Wells Fargo
Kapila Advani worked at Wells Fargo for several years in various roles related to anti-money laundering compliance. She served as an AML Compliance Specialist from 2005 to 2010, followed by positions as an AML Compliance Consultant 1 and AML Compliance Consultant 3 from 2010 to 2015. During her tenure, she developed a strong foundation in compliance processes and regulatory requirements, particularly in the context of the Bank Secrecy Act and USA Patriot Act.
Educational Background
Kapila Advani earned her Bachelor's degree in Information Systems from Virginia Commonwealth University. This educational background has provided her with a solid understanding of information technology, which complements her expertise in compliance and risk management.
Early Career and IT Experience
Before her extensive career in anti-money laundering compliance, Kapila Advani worked as an Information Technology Specialist at Virginia State University from 2003 to 2004. She also held the position of Executive Assistant at Philip Morris International for a brief period in 2004-2005. These early roles contributed to her organizational skills and attention to detail, which are essential in her current compliance work.
Expertise in Regulatory Compliance
Kapila Advani possesses advanced knowledge of regulatory requirements related to the Bank Secrecy Act and the USA Patriot Act. Her over ten years of experience in anti-money laundering investigations has equipped her with the skills necessary to navigate complex compliance landscapes. She regularly identifies and implements business process improvements to enhance efficiency and departmental performance.