Temitope Badero

Email: ad14u4@r.postjobfree.com

Tel: 074********

PROFILE

I’m an experienced AML/KYC analyst with over 5 years’ experience of delivering compliance projects within the financial service industry. Having worked as AML/KYC analyst, I have gained significant experience and knowledge of money laundering and terrorist financing issues, including policies, procedures, Proceed of Crime Act 2002, Money Laundering Regulations 2017, FCA regulations, Joint Money Laundering Steering Group (JMLSG) Guidance Notes and developing trends.

I am a proactive team player with excellent communication, strong analytical/ problem solving, interpersonal and attention to detail skills. I’m well organised and proactive in reviewing client’s files and ensuring all KYC, AML documents and information are accurate and complete.

SKILLS AND AREAS OF EXPERTISE

•Anti-money Laundering (AML,) Know Your Client (KYC), Risk management Insider dealing & market abuse, Fraud Detection, Financial Analysis, Fighting financial Crime, FCA regulatory obligations Compliance.

•Good data management, confidentiality and data security skills.

•Excellent verbal/written communication and Interpersonal skills.

•Good understanding of FATCA (Foreign Account Tax Compliance Act), Knowledge of JMLSG (Joint Money Laundering Steering Group) guidance, SOW, SOF, Screening, Ownership/shareholder structure, Suspicious Activity Report (SAR), 4MLD and Global AML process, Terrorisms Act 2000, KYC/CDD/EDD processes, General Data Protection Regulations (GDPR), HM treasury sanctions notes and new release and FCA regulations.

•Good user of the following tools - Lexis-Nexis, World check, bank Almanac, Bloomberg, Registry Web Search, Equifax, Bank Almanac, Market IQ, Experian, Data Capture Management Tool (DCMT), Google Search Strings and other data sources

•Strong analytic and attention to detail skills with the ability to analyse and interpret complex Ownership structure

•Proficient in Microsoft office Suite (Word, Excel, Power-point)

•Excellent planning, written and verbal communication, interpersonal, problem solving, risk management skills with ability to prioritise and manage caseload and meet tight deadlines and targets

•Conducting Sanctions screening, Adverse media screening and transactional monitoring reviews

EXPERIENCE

Starling Bank: (Konexo) June 2023 – Until

KYC/AML Analyst

•Provide guidance to the 1LOD with regards to refresh/remediation of client onboarding documentation specifically, Know Your Client (KYC)/AML as well as Enhanced Due Diligence (EDD)/Customer Due Diligence (CDD) related supporting documents.

•Review, prepare clients (whether new on-boarding or remediating) files and provide feedback to the client service team on the quality of the file, whether all required supporting documents have been obtained and whether the customer checklists and risk assessments have been completed accurately and adequately.

•Perform and risk assess screening for all related parties, including PEP/Sanctions and adverse media.

•Act as point of contact for the 1LOD KYC/AML team with Financial Crime related matters and ensure the team is up to date with the relevant internal policies and procedures.

•Conduct periodic, and event driven, reviews on High Risk, as well as PEP accounts by reviewing transactions, ascertain whether further and or new supporting documents are required particularly with regards to source of wealth (SoW)/ source of funds (SoF).

•Provide regular updates on progress on new accounts, periodic reviews, remediation and transaction alerts, in addition to ad hoc updates, to the Head of 1LOD AML

•Escalate money laundering and financial crime suspicions in a timely manner and to the appropriate individuals & departments in the firm

•Ensure up to date knowledge of the regulatory obligations on money laundering and financial crime risks.

•Reviewed ownership structure to ascertain ultimate beneficial owners depending on risk assessment and rating of clients

•Conducted adverse media searches and screening on entities/key account parties of existing and new customers.

•Performed end-to-end reviews of cases submitted by KYC Analysts for accuracy, completeness and validity.

•Examined Source of Wealth (SOW) and Ongoing Source of Funds (OSOF) origins using business documents, annual accounts, and publicly available information to validate the legitimacy of business activities.

Santander Bank: (Deloitte) Feb 2022 – March 2023

KYC/AML Analyst

•Contributed towards and assists in the delivery of on boarding journey for clients.

•Ensured on-boarding regulatory requirements are met by using appropriate legislation/regulation such as FATCA, MiFID, EMIR, FSCS, VOLCKER, CRS and Dodd Frank, to ensure correct classification for all counterparties and obtaining all documentations in line with the requirements

•Provided expert input on regulatory policy and conduct risk strategy as well as the implementation of the compliance and conduct framework, including MI, reporting, governance, and training.

•Reviewed new complex account structures ensuring SLAs are met within the team and checking the accuracy of the general on boarding team’s work for corporate, FI’s and Funds.

•Assisted the on boarding team by identifying gaps and provide the necessary support and up skilling to relevant individuals.

•Conducted adverse media searches and screening on entities/key account parties on existing and new customers.

•Performed end-to-end reviews of cases submitted by KYC Analysts for accuracy, completeness, and validity

•Examined Source of Wealth (SOW) and Ongoing Source of Funds (OSOF) origins using business documents, annual accounts, and publicly available information to validate the legitimacy of business activities

•Conducted surveillance review of Global Markets activities which includes FX (Spot, Swap, outright), deposits, Loans, Bonds, Certificate of Deposit etc.

•Identification of complex structures while On boarding corporate clients, undertake Enhanced Due Diligence (EDD)

•Approved the Due Diligence and Documentation checks on new client relationships (such as SPV, corporate accounts, trust, offshore, charity and pension accounts etc) in line with local policies and procedures.

•Ensure that all new and existing payment approvers are compliant with new regulations thereby preventing the risk of fraud and money laundering.

•Liaising with clients, internal associates, senior management and stakeholders to communicate and clarify requirements.

•Ensure proper CDD is completed during remediation of entities which include understanding of controls and ultimate ownership of customer's entities and identifying PEPs

•Carry out Risk Assessment Customer Scores (RACS) to ensure appropriate classification and determine the frequency of reviews and due diligence.

WorldPay: Sept 2021 – Dec 2021

Senior EDD Analyst (Robert Half)

•Ensure KYC Due diligence reviews are undertaken on a timely basis to the required quality, accuracy, and completeness.

•Complete all On-boarding KYC reviews of New Relationships within the Financial Institutions Group and various entity types.Working closely with client onboarding team to facilitate new clients onboarding.

•Coordinate client requests with the various internal stakeholder teams along the transitions workflow to agreed timeframes.

•Conduct Periodic Reviews of RMA’s and Nostro/Vostro account relationships within the group ensuring best practice is maintained in carrying out Enhanced/Simplified due diligence checks.

•Liaise with different financial institutions to update KYC records and queries as regards correspondent banking relationships maintained.

•Perform Politically Exposed Persons (PEP), Sanction and Adverse media screening on all UBO’s and Significant Controllers within complex ownership structures.

•Conduct Independent Verification via Open sources i.e., World Check, Dow Jones, Banker’s Almanac.

•Carry out complex research/investigations to confirm whether or not the potential matches are actual matches, escalate in strict accordance with internal policy and keep detailed notes for audit purposes.

•Review and validate information within the bank’s core system to ensure consistency and accuracy.

•Ensuring KYC/AML records are completed in compliance with AML policies and operating procedures to meet UK regulatory requirements.

Metro Bank: (Konexo) Nov 2020 – June 2021

Transaction/Sanction Reviewer Analyst

•Investigate customer transactions as part of periodic and event-driven customer KYC reviews

•Engaging with relevant stakeholders including front-office relationship managers

•Escalating confirmed suspicious activities to the Suspicious Activity Team (SARS TEAM)

•Perform the required KYC screening on existing clients by documenting and corroborating the information obtained on the client as required by the Global KYC Procedures utilising a variety of independent research sources.

•Analyse Client data, documentation and negative news in order to determine Client Risk Profile as established under the Global KYC Procedures.

•Maintain detailed records on clients for second- level review.

•Collaborate with the KYC Group's counterparts worldwide on global requests.

•Produce a detailed client review write up in the Global Account Opening System.

•Liaise with Compliance on specific requirements and regulations arising under special circumstances.

•Liaise with Clients, Front Office, Credit, Legal and Operations as necessary as part of the KYC Refresh process.

•Conducting transactional monitoring reviews on sanction hits.

•Conducted due diligence checks on Private Limited companies, SPVs, Partnerships, Trusts, and Charities, Central Banks, Government owned entities and financial institutions ensuring that all necessary checks are carried out and KYC procedures are followed on the ultimate beneficial owners, Directors, and Legal representatives within the ownership structure of the company.

•Assessed high risk clients such as Politically Exposed Persons (PEPs) and their Relatives and Close Associates (RCAs) using a range of bespoke systems/sources (Factiva /Dow Jones), World check to enable a ‘deep dive’ review and assessment of high-risk factors associated with the client review.

•Undertook on-going risk-based monitoring in-line with Group AML policy standard. Conducting end to end review of clients to prevent Anti-Money Laundering (AML), Counter Terrorism Financing (CTF), Tax Evasion, Bribery / Corruption.

•Identified suspicious activities during the due diligence process, requested and verified all statutory documents submitted by the client.

•Classified clients in accordance with the risk criteria using Client’s Risk Assessment tool i.e., High, Medium, and Low risk based on parameters such as the Client/ Customer, Product, Channels, Geography, Jurisdictions, and other risk factors.

•Investigated Source of Funds, Source of Wealth and conducted adverse press checks (APC) with the aim of identifying media news against the customer or RCA that is financial crime related.

•Conducted independent verification of information supplied by the customer using external sources and performed sanctions /PEPs screening.

Handelsbanken: (Konexo) Oct 2019 – Oct 2020

KYC/AML/Transaction Review Analyst.

•Conducted due diligence on clients to meet KYC/AML regulations and identifying and managing potential risks related to different customer types

•Carried out Identification and verification checks for various entity types i.e., Limited Companies, Trusts, Funds, NGOs, Charities, Partnership, Public Limited Companies, Institutional Cash Correspondence Banking, Money Service Business, Hedge Fund

•Reviewed the entity ownership and control structure to identify all ultimate beneficiaries and possible PEPs for KYC and risk management purposes

•Identified and verified key principals – UBO, Directors, Significant controllers, account signatories etc.

•Reviewed customer’s nature of business to ensure compliance with KYC and sanctions regulations

•Performed Politically Exposed Person (PEP), Sanction and Adverse Media screening to eliminate or confirm matches using Lexis-Nexis, Dow Jones and Google Search Engine

•Reviewed entity’s corporate structures to ensure all the entity key principals (KP), Ultimate Beneficial Owner (UBO), Senior Person with 10% ownership or more are identified & verified in line with the KYC /AML requirements.

•Reviewed and escalated all AML red flags and other suspicious activities identified during CDD/EDD review

•Reviewed and completed CDD/EDD triggers such as In-depth Source of Funds (IDSOF), Source of Wealth (SOW), Adverse Press Checks (APC), Corporate Structure, Senior Management Sign Off (SMSO), Financial Crime Sanction Signoff

•Reviewed and escalated of any material hits such as Sanctions, Embargoes, Terrorist Financing, Money Laundering, fraud, and PEP for appropriate sign off or action

•Conducted transaction review on customer’s account to confirm the transactions on account are in line with the nature of business and the customer risk profile; capturing and escalating suspicious transactions and flagging for further investigation

Deutsche Bank: (Accenture) Nov 2018 - Sept 2019

EDD KYC/AML Analyst

•Carried out comprehensive risk analysis, KYC/AML reviews by applying a wide range of regulatory and financial crime prevention policies to make balanced risk-based decisions.

•Successfully assessed various business entities, including Charities, club and society, Limited company, LLC, pension funds, SPV and corporation soles.

•Applied risk-based approach on understanding information documentation requirements for corporate structures in KYC context and evidence requirement from approved, regulated financial institution or government sources

•Dealt with a broad spectrum of entity types such as; Pension Schemes, Hedge Funds, Private Companies, Special Purpose Vehicle (SPV), Trust, Charities, E.T.C.

•Reviewed systematic Anti-Money-Laundering (AML) alerts and determine whether transactions occurring are valid Anti-Money Laundering risks.

•Conducted review and evaluated Enhanced Due Diligence reports on new and existing customers as appropriate.

•Carried out Screening on the customers, their trade partners and KAPs/ Connected parties in Trade Finance arrangement against PEPs and sanctioned lists of OFAC, HMT, EU and UN using World Check, Experian, LexisNexis, RDC, Dow Jones and other software subscribed by the bank

•Investigated and assessed alerts for potential money laundering risks in the Bank.

•Carried out periodic EDD review on all Trade Finance products (Letters of Credit, Bills Discounting, Documentary Collections, and Guarantees etc.) engaged by our customers, including their money laundering and risk effects to ensure they are within the bank risk appetite.

•Reviewed Sanctions, PEPs, and alerts to identify SIPs, SIEs, PEPs, RCAs and adverse information linked with our existing client base (including 3rd party transactions) Conduct EDD on client such as Private Limited Companies, Public Limited Companies, Institutional Cash Correspondence Banking, Money Service Business, Hedge Funds, Trusts using appropriate entity template.

•Verifying financial regulation of regulated entities across Europe from regulators such as Netherlands (AFM), Germany (Ba8n), Belgium (NBB & FSMA), France (AMF), Luxembourg (CSSF), Guernsey (GFSC) and Ireland (Central Bank of Ireland).

Royal Bank of Scotland: April 2018 – Nov 2018

KYC/AML/ Analyst.

•Conducted due diligence on prospective/ current clients to meet KYC/AML regulations, identifying and managing potential risks.

•Carried out Identification and verification checks for various entity types i.e., Limited Companies, Funds, Trusts, NGOs, Charities and others.

•Reviewed full ownership and control to identify all ultimate beneficiaries and possible PEPs for KYC and risk management purposes.

•Conducted Public Due Diligence on corporate clients by identifying and verifying legal name, registered address, legal form, nature of the business and so on using the approved Identification & Verification matrix.

•Conducted CDD, EDD on client such as Private Limited Companies, Public Limited Companies, Institutional Cash Correspondence Banking, Money Service Business, Hedge Fund, Trusts

•Completed Risk Assessment Customer Scores (RACS) for all clients, to ensure appropriate classification into High, Medium and Low Risk that determines the frequency of review and appropriate due diligence.

•Reviewing ownership structure and control components for legal entities including private corporations, private equity funds, SPVs and SPEs, among others.

•Conducted due diligence checks on Private Limited companies, SPVs, Partnerships, Trusts, and Charities, Central Banks, Government owned entities and financial institutions ensuring that all necessary checks are carried out AML Certification (UK)

REFERENCES

Available upon request.

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