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Verification/Quality Control Analyst

Mamaroneck, New York, 10543, United States
October 07, 2016

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Alan Wm. Cherry

*** *** ***** ****** ****, Mamaroneck, NY 10543


Experienced Compliance professional functioning as an independent and objective body reviewing and evaluating compliance issues/concerns in accordance with U.S. banking laws and regulations, internal policies and procedures.


Successfully execute time sensitive investigations based on Client On-boarding policies and procedures. Specialize in pinpointing client needs and uncovering potential problem areas through assessment and analysis. Articulately and persuasively communicate with clients, team members and management. Team-oriented professional eager and willing to lead and work collaboratively with colleagues to successfully achieve goals and expectations.


KYC Business Quality Control Analyst

International Private Banking

JP Morgan Asset Management Sept. 2014 - Present

Manhattan, NY

Assist with client on-boarding efforts for new and existing High Net Worth LATAM clientele. Instrumental in reviewing Politically Exposed People to meet stated deadlines. Analyzed and investigated potentially suspicious financial transactions involving client accounts; personal, business, investment and credit card accounts. Reviews consist of working with Banker and Banker Associates to identify gaps and obtain required documentation. Utilize in-house and third party sources, information is researched in accordance with due diligence processes per recommended bank standards. Liaise with internal teams to discuss KYC requirements and convey KYC approval status. Issues are reported to Business Quality Control Executive Director for LATAM division.

Quality Control Analyst Consultant

McGladrey Consulting - WaMu Client SARs Project Aug. 2008 – Nov. 2008

Albion, New York

Quality review of assigned cases where a SARs report has not been issued to confirm the accuracy of reporting. Analyzed suspicious activity referrals from all business lines and conducted suspicious activity investigations. In addition, ensure existing SARs have been accurately completed and corresponding support documentation included. Guidance provided to newly bank Investigative Analysts on various aspects of Anti-Money Laundering, Bank Secrecy Act and Suspicious Activity Reporting issues, as well as, compiling data utilizing the bank’s Quickbase system, SearchSpace, GIFTs EDD, conducting internet searches and general business writing skills.

KYC/AML Analyst Consultant

Deloitte Consulting - SMBC Client Remediation Project Apr. 2007 – Aug. 2007

Jersey City, New Jersey

Compile KYC/AML documentation held internally utilizing SMBC’s internal DMS file image system. Identify acceptable documentation based Remediation Guidance. Adhere to detailed timeline to collect KYC/AML documents from Relationship Manager. Escalate clients to Client Contact unit based on timeline and RM’s response to request. Perform Quality Review on cases prior to uploading to bank’s CIF System. Train newly on-board analysts regarding various aspects of the project systems. Third party sources such as World Check, LexisNexis, GIFTs EDD, Google and other approved sources used to collect any available negative information.

Branch Compliance Officer

State Bank of India Oct. 2005 – Apr. 2007

New York, NY

Independently evaluate compliance issues/concerns within the organization are being properly evaluated, investigated and resolved. Ensure compliance with BSA/AML/EDD policy and procedures, OFAC Regulations and applicable regulations pertaining to Lending and Depository. Ensure compliance of observations pertaining to Regulatory and Internal Audit examinations along with Inspection and Audit exams. Monitor the performance of the Compliance Program and relates activities on a continuing basis, taking appropriate steps to improve its effectiveness. Conduct monthly Branch Compliance Monitoring Committee Meetings, minute proceedings and preparation of action taken report. Provide relevant compliance developments to CEO and Departmental Heads of New York Branch. Perform independent testing of compliance areas i.e. OFAC, KYC-EDD/CIP, FinCEN314a searches, Travel Rule, Risk Rating, Certification from Correspondent Banks Certificates under USA PATRIOT Act [Section 313(a) & 319(b)], Letters of Credit (EAR/AML), New User Registration and Outgoing Remittances, Record Keeping requirements, Testing/Transaction Monitoring (GIFTs EDD), Testing of Policies and Reporting requirements. Conduct mandatory employee compliance training and maintained records of attendance.

Anti-Money Laundering Consultant

Deloitte Consulting - Standard Chartered Bank’s Transaction Review Project Apr. 2005 – Aug. 2005

Jersey City, New Jersey

Assist correspondent bank in reviewing transactional activity to determine whether suspicious activity involving accounts or transactions at, by, or through the New York Branch was properly identified and reported in accordance with the bank’s BSA policy and applicable suspicious activity reporting regulations. Collect information on main entities and counter-parties through legitimate sources. Provide written recommendations based on findings. Collaborate with a team of 5-7 case reviewers and reported directly to lead case review manager.

Compliance Analyst Consultant

Deloitte Consulting - UBS-IB Client Remediation Project Sept. 2004 – Apr. 2005

Stamford, Connecticut

Compile acceptable KYC/AML documentation based on UBS Global Remediation Standards utilizing internal sources. Adhere to detailed timeline for collection of outstanding KYC/AML documents from clients and business units. Escalation memo generated detailing client contact results and outstanding issues, escalating based on request. Consolidate relevant KYC/AML documentation into digital and hardcopy file. Train newly on-board analysts on UBS systems, Remediation Database, GRID, Compliance Register and general business writing skills. Third-party source; Compliance Register, GRID, Lexis Nexis and other approved sources were utilized to collect available negative information.

Financial Auditor

Bank of New York Jul. 1996 – Feb. 2004

Harrison, NY

Supervise Audits of various Bank of New York Departments, Regions and Branches. Examine branch operational aspects with regards to Branch Security, Cash, Record keeping, BSA, Account Documentation and Central Safekeeping Sites. Examine all aspects of Compliance to Regulations, CC Regulations, KYC guidelines, US Patriot Act, BSA, Record Keeping and Wire Transfers and reported findings. Identify internal control weaknesses for safeguarding proper Risk Management. Supervise audit staff, including daily work assignments, annual performance reviews and conflict resolution. Provide planning and budgeting of various BNY Departmental, Regional and Retail Branch audits. Generate weekly status report, follow-up and issue memorandums. Perform administrative duties; scheduling of audit meetings, update procedures and work papers, and approve employee time-sheets.

Small Business Co-Owner

Ma Cherry Residential Commercial Cleaning Dec. 2012 - Aug. 2014

Mamaroneck, NY

Home based operation providing exceptional residential and commercial cleaning services. Handling of client complaints, cross-selling of services to residential homeowners and built strong customer relationships and referrals. Foster excellent relationships and referrals by building trust and rapport with customers. Conduct staffing, customer service, job training, marketing and payroll.

Food Service Secretary and Bookkeeper

Aramark Food Service - Mamaroneck Union Free School District Feb. 2011 – Feb. 2013

Mamaroneck, NY

Compile data (e.g. bid responses, Free and Reduced Lunch applications, budget reports, specialized reports, personnel records, etc.) for the purpose of preparing reports or processing requests. Coordinate assigned projects and/or program components (e.g. commodity deliveries, weekly food orders, bid process, etc.) for the purpose of completing activities and/or delivering services in compliance with established guidelines. Monitor a variety of activities (e.g. budget and program expenditures, etc.) for the purpose of ensuring that financial practices are followed and in compliance with district policies. Process a variety of documents and materials for the purpose of disseminating information in compliance with established administrative guidelines.


Bachelor of Arts in Business w/Specializing in Finance

Mercy College, Dobbs Ferry, NY Jan. 1991 – Dec. 1996

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