Solid Management Experience
Superior policy, procedure writing and implementation
Strong knowledge of KYC, CFPB, BSA and AML policies and procedures.
Proficient in KYC/AML/BSA policies and procedures
Proven excellence in execution in complex and demanding situations
Suspicious activity identification and reporting
Solid experience in due diligence, Financial and credit analysis.
Knowledge of various fraud and AML typologies
Case writing, Suspicious activity report (SAR) and legal review with strong analytical skills.
Analytical skills with the ability to solve complex problems and execute solutions
Experienced in current compliance rules and regulations of the FRB, SEC, OCC, FATF, FinCEN, OFAC, and familiarity with USA PATRIOT Act, BSA/AML and OFAC screening regulations.
Successful with staff development
Successful in meeting/exceeding deadlines.
Expertise in exhibiting the appropriate workflow management.
Proficient knowledge of Government guidelines and regulations to include but, not limited to (TILA, ECOA, TRID, HMDA, OFAC, RESPA, FCRA, CFPB, SCRA, FINRA, UDAAP, AML, US Patriot Act and BSA).
Transaction Monitoring and reporting on compliance with OFAC guidelines, USA PATRIOT ACT, Bank Secrecy Act (BSA) and related regulations.
Money Laundering Investigations
International Enhanced Due Diligence and foreign correspondence
OFAC Program Review
TERRANCE K. JACKSON
Collabera/IBM/AML Project Manager 2/2019 - Present
Responsible for effectively managing a risk-based surveillance program that provided continuous identification and monitoring of high-risk customers and of suspicious transactions. Supported the development of policies and procedures for AML transaction monitoring life cycle, including reviews of scenario validation. Thorough understanding of an effective financial crimes risk management framework. Demonstrated ability to manage multiple projects simultaneously. Proven ability to interact effectively at all levels of the organization, including Bank staff, management, directors and prudential regulators. Thorough understanding of legal structures and activity types for financial institutions. Collaboratively worked across functional teams to ensure effective and efficient operations with clearly defined roles and responsibilities.
Aston Carter/SunTrust Bank AML Compliance Project Manager 7/2018 – 2/2019
Performed risk assessment/remediation utilizing numerous and diverse tools/systems to analyze information across multiple channels. Reviewed and validated risk ratings for accounts using the AML system risk rating module. Coordinated with AML CEO for concurrence of risk assessment. Followed up and escalated AML risk as identified through BAU. Assessed AML and Economic Sanctions risk to ensure activities are in alignment. Managed the work of subordinates – trained, lead and mentored team of Analyst. Determined which analysts required stronger and more frequent supervision/review and provided training as appropriate.Managed deadlines and prioritized workloads. Communicated with internal stakeholders to ensure a complete and accurate assessment. Articulated recommendations. Conducted various BSA/AML compliance functions. Prepared status reports. In-depth knowledge of AML and Economic Sanctions laws, rules, and regulations. Provided quality deliverables while managing several work streams.
U.S. Small Business Administration (SBA)/ AML Investigator
Proficient in Anti-Money Laundering and fraud investigations. Including Repudiation procedures, KYC, CFPB, BSA and AML policies and procedures. Experienced in investigative research. Ability to assimilate large quantities of relevant information from numerous data sources, analyze and summarize the data in a concise and clear manner and effectively communicate to colleagues and clients. Tasked with assisting in all duties associated with the Financial Crime Investigation team. Managed deadlines and prioritized workloads. Planned and conducted moderate complex routine AML regulatory work and assisted other examiners on more complex regulatory assignments. Identified suspicious activity through information escalated from lines of business and through review of system generated alerts and reports. Lead daily operations to ensure alerts were acted upon in a timely manner and that they contain complete and accurate information for data collection and documentation.
ALVAREZ & MARSAL •AML MANAGER 8/2016 – 1/2017
Managed teams of analyst for risk-based monitoring of potential suspicious activity, including detection, investigation and suspicious reporting. Complied suspicious activity reports (SAR’s). Utilized AML databases to include Norkom, Detica, Actimize, Factiva, Enterprise Case Management (ECM), Lexis Nexis, Pacer, World Check PEP, Fortent and Dun & Bradstreet. Assisted client with identification, assessment and response to financial crime. Analyzed risks through KYC and escalated, referred, or alerted negative news. Communicated negative findings throughout the lines of business and supplied guidance on course of action. Effectively navigated BSA/AML programs to assess suspicious activity monitoring rules
DIXON HUGHES GOODMAN LLC (DHG) •AML MANAGER 1/2016 – 8/2016
Managed a team of AML Analyst responsible for fraud detection and prevention Conducted thorough analysis of potentially suspicious conduct. Composed clear, concise reports regarding client data. Utilized varions resources (internal systems, internet, EDD etc.) to perform full Anti-Money Laundering (AML) and fraud investigations. Compiled supporting documentation and data for periodic reviews, to include media and transactions. Documented review findings for Compliance and Business management reviews. Directed regulatory and compliance reviews.
ROBERT HALF•AML ANALYST 8/2015 – 12/2015
Addressed Bank Secrecy Act (BSA), Anti-Money Laundering (AML) and sanctions compliance matters. Supervised, and mentored Jr. Analysts. Identified and researched the patterns, trends and anomalies in transactional and customer data to detect, prevent, mitigate and report suspicious activity related to money laundering and terrorist financing. Conducted on boarding process independently for normal due diligence of customers. Provided opinions and advice to LOB related to BSA/AML/OFAC coverage and potential risks/areas of focus.
JIL MARCUS GROUP •AML PROJECT MANAGER 1/2015 – 8/2015
Managed three (3) teams of AML Professionals. Ensured team performance remained in accordance with all applicable HR policies and procedures. Conducted OFAC investigation of Wire transactions deemed High Risk. Reviewed Money Service Businesses (MSB’s), ACH Look backs, foreign correspondence transactions high risk account EDD activity and International Enhanced Due Diligence. Reviewed client background/ reputation, source of wealth and beneficial ownership. - Assisted with project communication plans/decks. Assisted with project test cases & execution.
IPSA INTERNATIONAL •AML MANAGER 2/2014 – 12/2014
Managed team of AML Analyst. Conducted risk based inspections, to ensure that internal, regulatory, security, and risk management control systems (i.e., policies, procedures, and practices) are in place. Performed transaction investigation and monitoring. Reviewed and analyzed wires from high risk countries for suspicious or unusual activity. Utilized AML/BSA/KYC/OFAC guidelines. Utilized supporting documentation derived from investigative due diligence research to document findings in narrative style format in the case management system (managed through both manual and automated processes) and prepared suspicious activity reports when determined necessary. Escalated critical or reputational risk matters to the FIU Manager.
Veterans Sourcing Group •AML Analyst 11/2013 – 12/2014
American Mortgage consultants •AML Analyst 4/2013 – 11/2013
Solomon Edwards group •AML Manager 10/2011 – 1/2013
Thompson, Cobb, Bazilio & Associates •AML Analyst 3/2010 – 9/2011
Federal Deposit Insurance Corporation •AML Analyst 3/2008 – 2/2010
ASSOCIATES • 1994 • STRAYER UNIVERSITY
Major: Computer Information Systems