Conduct Enhanced Due Diligence reviews of all assigned high risk customers and provide feedback on potential key risks identified during the review process.
Review of high-risk clients to assess risk, concerns and overall mitigating factors that have been identified and reviewing supporting documentation that has been obtained and /or provided.
Ensure all documents obtained are verified, current and deemed acceptable.
Ensure KYC/AML and other regulatory reviews on all clients is performed and escalate findings when necessary.
Identify accounts that require further investigation and taking action to obtain the information required.
Request additional due diligence for evaluation when deemed necessary.
Understand the customer risk scoring models in accordance with department policy and procedures and determine if the system generated or recommended risk is accurate.
Ensure understanding and compliance with AML/CIP/KYC requirements.
Performed client due diligence searches across internal and external sites making sure any issues/concerns in accordance with AML, BSA and other regulatory standards to assist business units and prevent operational and reputational risks.
Identify any errors or risk concerns are addressed and resolved.
Adhere to all designated time frames, manage workflow to the specified deadlines and complete responsibilities in a timely manner.
Standard Chartered Bank 1/2016-4/2017
Provide advice on CDD matters and conduct a risk assessment review of all new/existing high risk and medium/low risk cases with Specialized Due Diligence which includes PEP, Adverse News, Sanctions etc. according to SCB FCC standards.
Review /validate the risk rating and identify any risk associated with the client.
Review KYC/CDD documentation for correspondent banking relationships to determine whether EDD is necessary and assess the money laundering risk posed by the account.
Request additional due diligence for evaluation when deemed necessary.
From an AML risk standpoint, assist with determining whether it is appropriate to maintain a relationship with the client, escalate when necessary
Review and assess the risk for relationship escalated to FCC
Conduct/Review name searches to determine if there are unusual transactions or SAR’s
Review anticipated account activity alert thresholds.
Review cases that were cleared and closed.
Utilize reputable public sources.
Perform related duties, as required, for the training and development purposes.
Familiarize and comply with all applicable Bank’s policies and procedures as well as governing laws and regulations.
Performing all assigned duties under Bank’s compliance programs and related laws & regulations.
Successfully completing all mandatory training on related Bank’s and BSA compliances as well as other laws and regulations as assigned in a timely manner
Conduct in-depth research into customer accounts, properly document findings and communicate with account officers requesting information to ascertain if activity is reasonable with the purpose of account.
Thoroughly document findings by preparing reports in a manner that is clear and comprehensible to BSA supervisors/managers, internal auditors and regulatory examiners.
Exercise discretion in setting priorities, identifying accounts that require further investigation and taking action to obtain the information required.
Apply mitigating controls for customers whose risk profile warrants them.
Conduct research over available Bank systems, the Internet and Databases consistent with the resolution of investigations.
Transaction monitoring of assigned accounts to assess potential suspicious activity on the account, such as money laundering.
Evaluates transactions and customer relationships based on established protocol identifying issues and escalating for further investigation. Communicates discoveries and issues with internal AML constituents and external customers to support successful discovery of money laundering activities.
Evaluates transactions and customer relationships for money laundering activities, identifies red flag issues, and escalates within the AML framework for further investigation.
Responsible for the completion of ongoing KYC reviews.
JP Morgan Chase& Co. 12/2014-1/2016
Case Lead Support (AVP Consultant)
Act as KYC and AML subject matter resource for KYC due diligence teams and escalate HR cases to compliance.
Timely review of client’s KYC documentation in accordance with the firms AML/KYC policies and procedures.
Research and review negative news on clients in order to determine relevance and material news for the purposes of risk assessment and risk mitigation.
Review and ensured detailed documentation of the due diligence performed.
Conduct renewals and liaise with the client owner for required documents and sign-off.
Validate accuracy of data in KYC platform and ensure completeness of documents.
Complete remediation efforts and projects to clean up data and documentation and coordinate with other areas as needed (COB, Compliance, Sales, Client Service)
Collect and document data, including alert, investigation or Suspicious Activity report history; know your Customer information; relevant account and transaction data; plus, any other required information to assist the investigation.
Review and analyze underlying data gathered to assess reasonable cause to escalate an alert to Investigations or to clear the alert.
Disposition and fully document all alerts including supporting data analysis and rationale for disposition within the case management system in a timely manner.
Build relationships with AML investigations units, effectively communicating and transferring information for case investigations.
Ensure all cases are completed and logged in an assigned, timely manner.
Conduct periodic internal account/customer reviews to identify potentially suspicious activity.
Function as a key contributor with demonstrated knowledge of AML/KYC issues as well as broader functional knowledge.
Prepare SAR's in a timely manner and in accordance with FinCEN guidance and regulations.
Perform EDD reviews of the Banks high-risk customers.
KYC Analyst, Consultant
Verified the customers’ identity and assessed the risk associated with that customer.
Performed enhanced due diligence for High risk customers and ongoing due diligence of the customer base.
Reviewed and audited clients’ trading account applications in strict compliance with client requirements.
Performed the required KYC screening on existing clients by documenting and confirming the information obtained on the client as required by Client Global KYC Procedures utilizing a variety of independent research sources.
Analyzed client data, documentation and negative news in order to determine Client Risk Profile as established under Client Global KYC Procedures.
Liaised with Compliance on specific requirements and regulations arising under special circumstances.
Liaise with Front Office, Legal and Operations as necessary as part of the KYC process.
Performed Client account refresh as required.
Performed account maintenance for existing accounts and ensure the back maintains current customer's information.
Detected and reporting unusual or suspicious transactions that potentially expose the bank to financial loss, increase expenses or reputational risk
Adhered to safe and sound banking practices.
JP Morgan Chase& Co. 05/2013-07/2013
KYC Analyst, Consultant
Reviewed, researched, analyzed and evaluated required KYC/AML information for customers in the on boarding and relationship review cases.
Validated the customer's consumer activity, business purpose, legitimacy and analyze transactions that appear unusual based on the customer's profile.
Reviewed and ensured detailed documentation of the due diligence performed.
Determined appropriate action taken based upon the customer review, which may include additional documentation, retention or closure of relationship.
Provided next step recommendations to KYC/AML management, escalate issues as appropriate.
Ensured customer information is updated in bank systems correctly and that the overall assessment derived from the due diligence information is correct.
Produced a detail client write up review.
Interacted with the RM to obtain required information.
Considered the AML risk posed by the customer and whether they meet the definition of PEP.
Ensured all appropriate documentation for account opening, on boarding and customer reviews is retained.
Provided independent research and review and move forward with clear documentation and instruction.
Made decisions that are effective and well-grounded based on data, insight and experience, challenging the validity and accuracy of the data and facts before reaching a conclusion.
Conducted appropriate level of research and gather additional information, considering historical information to identify patterns and trends.
Made decisions based on facts and information without relying on assumptions.
Ensured sound decisions are reached to identify AML risk and disposition cases and customers appropriately.
TD Securities, New York, NY 08/2006-3/2013
New Account Officer
Prepared and review KYC required documentation for multiple business lines.
Opened new accounts for five different business lines.
Utilized detailed knowledge of the Bank Secrecy Act, USA Patriot Act, Office of Foreign Assets Control laws and applicable industry laws and regulations.
Ensured that across the business lines, significant AML-related activities are performed timely and issues are addressed appropriately and escalated as needed.
Researched clients in complying with KYC using such programs as OFAC, World Check, Hoovers, and Choice Point.
Reported negative information or Politically Exposed Person(s) ("PEP") matches to Quality Assurance.
Conducted Enhanced Due Diligence, Know Your Customer/Customer Identification Program (KYC/CIP) for all new and existing accounts.
Maintained up-to-date job knowledge of policies and procedures either through internal training, professional reading, conference meetings and seminar attendance.
Identified and/or coordinate the implementation of process improvements relating KYC and AML Investigations.
Logged and tracked missing documentation on a spreadsheet and monitoring status frequently.
Ensured accounts were opened and updated within the trade window while adhering to KYC/CIP/CDD.
Analyzed and evaluated data needed to meet requirements and deadlines.
Cross-trained with other staff to ensure continued progress when conflicts arise.
SUNY at Old Westbury, Old Westbury, NY
Bachelor of Arts in Media Communications
Bachelor of Arts in American Studies
Skills: Seibel Systems, ADP Brokerage System, Socrates, Alert, Microsoft Excel, Word, Outlook, and Impact, World check, Lexis-Nexis, CRM