Sultana A. Kutbali is a director with K2 Integrity’s Financial Crimes Compliance practice, based in New York. She has experience in anti-money laundering (AML) lookbacks, research and analysis, and quality assurance (QA), including with due diligence and know your customer (KYC)/AML regulations. Sultana works with financial institution clients to ensure compliance with relevant regulations, including the Bank Secrecy Act (BSA) and the USA PATRIOT Act. She performs research on all alerted transactions, focusing on related negative media, transactions involving politically exposed persons (PEPs), Office of Foreign Assets Control (OFAC) sanction compliance, and suspicious activity report (SAR) history.
Prior to joining K2 Integrity, Sultana was a compliance analyst at JP Morgan Chase, where she worked on transaction lookbacks, client list screening, and account activity review (AAR). She investigated alerts using internal and external transaction-monitoring systems in order to mitigate risks between focal entity and counterparties. She screened potential PEPs against sanctioned watch lists and performed annual periodic reviews on foreign correspondent banks (FCBs). She was also a quality assurance reviewer, signing off all reports completed by researchers before they were submitted for supervisory audit.
Before her work with JP Morgan Chase, Sultana spent six years in the retail banking industry with TD Bank. She began as a bank teller, performing daily monetary transactions and preparing currency transaction reports (CTRs) and SARs. As a personal banker, she opened personal and business accounts and opened loans for clients, working closely with TD Bank’s customer information program (CIP) and performing initial KYC onboarding of personal and business clients.
Sultana received a B.B.A. in finance and investments from Baruch College’s Zicklin School of Business.