Fraud Analyst Operations

Abdlmumuni Mayaki

Senior Fraud Analyst

**********@*****.*** • 223-***-****

LinkedIn URL • Harrisburg, PA 17109

Highly analytical and results-driven professional with rich experience in managing all facets of fraud operations to drive organizational excellence across financial industry.

Proven track record in detecting, investigating, and inhibiting fraudulent activities, while maintaining high standard of integrity/quality. Adept at implementing preventive measures, staying abreast of industry regulations/emerging trends, and delivering comprehensive reports/recommendations to senior management in compliance with legal/ethical best practices. Skilled in conducting thorough investigations, gathering evidence, and collaborating with cross-functional teams to achieve successful outcomes. Talented at navigating complex banking regulations, identifying/mitigating potential risks, and executing robust strategies for retail banking credit card fraud prevention. Possessing strong knowledge of OFAC/BSA/AML requirements, investigative techniques/protocols, fraud detective/preventative technologies, and privacy laws.

Areas of Expertise

Fraud Investigation

Issue & Conflict Resolution

Reporting & Documentation

Risk Assessment & Mitigation

Fraudulent Identity Detection

Suspicious Activity Report

Regulatory Compliance

Fraud Prevention

Cross-cultural Communication

Anti-Money Laundering (AML)

Relationship Building

Data Analysis

Professional Experience

EagleBank, Rockville MD 2021 – Present

AML /Fraud Analyst

Detect non-compliant accounts and expeditiously compile/submit No Further Action (NFA) reports to guarantee adherence and clearance. Efficiently validate questionable transactions as well as compose SAR/NO SAR filings in timely manner. Compile well-documented and detailed Suspicious Activity Reports (SARs) for submission to FINCEN by performing comprehensive research on reported suspicious activity and examining relevant data/information. Analyze flagged transactions and reports indicating potential suspicious activity. Conduct detailed review of financial statements, involving international wire transfers, check clearing, and cash transfers to ensure accuracy and compliance with regulations.

●Enhanced efficiency and positive outcomes by overseeing/prioritizing substantial/diverse caseload, effectively allocating resources, and expediting case resolution.

●Determined fraud patterns and anomalies by conducting in-depth analysis of extensive datasets for prevention of fraudulent activities.

●Evaluated and preserved all received notifications and documentation concerning suspicious activity from branches and departments in compliance with regulatory guidelines.

●Identified level of risk posed to bank by reviewing each alert and promptly escalating high-risk cases for appropriate actions/mitigation.

●Monitored assigned activities, encompassing drafting case investigations, preparing SARs, analyzing currency transaction reports, and referencing customer identification programs through analysis of financial activities.

Woodland Bank, Williamsport PA 2019 – 2021

AML /Fraud Analyst

Performed daily reviews of customer risk alerts by adhering to guidelines outlined in US Patriot Act and Bank Secrecy Act. Assessed occurrences of fraud related to deposits and credit/debit cards by meticulously reviewing each case to identify fraudulent activities and prevent further losses. Addressed various customer inquiries by collaborating with customer inquiries. Spearheaded team for ensuring compliance with regulatory agencies, while staying up-to-date on federal state association industry and company-specific policies/procedures to promote culture of compliance. Examined all financial transactions and instances of identity theft, encompassing wide range of fraudulent activities, such as account takeovers, first-party frauds, third-party fraud, chargeback frauds, friendly fraud, check kitting, synthetic ID, and high/low-value dispute claims to ensure comprehensive analysis and effective countermeasures.

●Successfully identified and prevented 60% of total of 71 confirmed fraud incidents and attempted breaches on customers' accounts in 2020 by effectively safeguarding customers' funds from potential loss of $87,667.

●Revitalized monitoring application and detected system improvement need by enhancing three fraud rules based on in-depth research of bank-wide fraud trends and electronic fraud incidents.

●Minimized 45% of anticipated time required for proficiency attainment by developing standard operating procedures (SOP) for newly established units and conducting comprehensive training for team members.

●Effectively addressed routine inquiries and complaints from both internal and external customers as part of High Dollar Dispute Team by specializing in overseeing dispute cases surpassing $2K.

●Mitigated fraud exposure related to suspicious inquiries by conducting additional verification measures and promptly escalating cases to Fraud Department.

●Provided successful outcomes within regulated timeframe by conducting thorough research and analysis of information as well as constructing compelling dispute cases.

Education

Bachelor of Science in Accounting

Ambrose Alli University Ekpoma, Nigeria

Proficiency Diploma (GED)

Southeastern High School, Miami FL

Certifications

International Scrum Master (SCM)

Certified Information System Auditor (CISA)

Certified Institute of Finance and Control (Fellow)

Certified Anti Money Laundering Specialist (CAMS)

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