Suchi Patel is a senior director in K2 Integrity’s Financial Crimes Compliance practice. With more than 13 years of experience in the financial services industry within the banking and FinTech space, both in the United Kingdom and the United Arab Emirates, Suchi uses her expertise in financial crime compliance and governance to help regulated financial institutions build robust AML frameworks. With a focus on transaction monitoring, she combines subject-matter expertise with innovative ideas to assist institutions in building processes and procedures to combat financial crime.
Prior to joining K2 Integrity, Suchi held positions of increasing responsibility at Amazon Payment Services (UAE), most recently as head AML investigations. Suchi created a team to help combat AML risks by building a transaction monitoring system with 23 rules alongside all the AML policies and procedures. An integral part of the transformation of the company from an unregulated entity to a regulated entity with CBUAE, Suchi trained the team to conduct enhanced due diligence on any alerts created by the transaction monitoring system and effectively report any suspicious activity using the GoAML platform.
Before her time at Amazon Payment Services, Suchi was a financial crime policy advisor at Metro Bank UK, working closely with the Financial Conduct Authority (FCA) and Prudential Regulation Authority. She maintained, developed, and managed the bank’s financial crime policies and procedures alongside implementing the bank’s risk and compliance strategy and training colleagues in the first line of defense. Over her career in banking, Suchi has worked within the first and second lines of defense. She started her professional journey as a relationship manager where she managed a portfolio of over 1,000 overseas clients, including embassies and money service businesses. Suchi then became a risk and compliance manager, using innovative and analytical solutions to help combat the risks posed by these higher risk clients.
Suchi holds an M.Sc. in financial crime and compliance from the University of Manchester Alliance Manchester Business School and a B.Sc. in mathematics from the University of Nottingham. She also holds a post-graduate diploma in financial crime compliance (Int.PPG.Dip.FCC) and a diploma in AML (Int.Dip.AML) from the University of Manchester Alliance Manchester Business School. A native English speaker, Suchi is fluent in Hindi and Gujarati and proficient in Urdu and Punjabi.
