Irhia Joakin

470-***-**** ad2lu4@r.postjobfree.com https://www.linkedin.com/in/irhia-joakin-62a53b114

SUMMARY

6+ years as an AML/KYC/SANCTIONS/FRAUD ANALYST, with experience at Goldman Sachs, Capital One, and Pacific Premier Bancorp. Reduced compliance risks by streamlining customer information updates, identified and recommended mitigation measures for threats, vulnerabilities, and suspicious behavioral patterns, and implemented database and document processing compliance measures. Within six months, placed and recommended remediation measures for potential risks and ensured compliance with reporting standards by preparing and filing Suspicious Activity Reports (SARS).

SKILLS

•Fraud risk control

•Procedure development

•Critical thinking

•Enterprise Risk Management

•Highly organized in managing multiple projects/requests at one time and can work across numerous lines of business.

•Basic understanding of Banks Secrecy Act,US Patriot Act.

•Knowledge of SAR Filing.

•Strong Analytical skills.

•Onboarding

•Data Analytics.

•Time Management

•Fircosoft

•Compliance audits

•Customer/Vendor Relationships

•Strong Knowledge of analyzing root causes of AML/KYC, compliance, and risk issues.

•Detail-oriented, accurate, organized, and able to work in an environment with multiple priorities.

•Ability to execute in a high-pressure environment.

•SAR Filing.

•Collaboration skills

•LexisNexis

•Internal/External Audits

•Strong research and analytical skills.

•Portfolio Developmentt

•Sanction Screenings

•A proven track record to influence change.

•Excellent communication skills..

•Working knowledge of FINRA Regulations.

•Microsoft Excel

•Microsoft Word

•Microsoft PowerPoint.

•Team Player.

•ACH

WORK EXPERIENCE

AML/KYC/SANCTIONS/FRAUD ANALYST, Goldman Sachs New York City, New York 09/2021 – 08/2023

Reviewed and assessed transactional alerts, including wire transfers, checks, security transactions, trade finance letters of credit, loans, and cash letters, to identify potential risks and suspicious behaviors. Conducted thorough investigations and analyses of suspicious activities and ensured compliance with Anti-Money Laundering (AML) regulations and company policies. Assisted in the implementation/maintenance of KYC (Know Your Customer) standards and procedures in the front office.

•Supported onboarding of new customers and conducted periodic reviews of existing

customers by performing due diligence and ensuring compliance with regulatory Laws

•Assisted in ensuring ongoing due diligence efforts and KYC are maintained while maintaining substantial changes to customer profiles.

•Verified all aspects of client identification program (CIP) and necessary account opening documents are provided and by Know Your Customer (KYC) USA Patriot Act and Bank Secrecy Act (BSA) standards.

•Assisted in conducting AML Screening/CDD/EDD reviews on prospects and new/existing customers in accordance with the Banks policies and procedures.

•Communicated effectively with peers, front-line, and management regarding documentation and addressing concerns or findings.

•Uncovered potential risks and ensured compliance with reporting standards by preparing and filing well-written Suspicious Activity Reports (SARs) for escalated activities.

•Identified and recommended mitigation measures for threats, vulnerabilities, and suspicious behavioral patterns, enhancing the effectiveness of risk management efforts.

•Streamlined the customer information update process in collaboration with the Front Office, promoting transparency and reducing compliance risks.

•Directed due diligence on contract performance and provided valuable input in new client onboarding and contract renewal processes.

•Implemented database and document processing compliance measures, adhering to regulatory requirements, and preventing money laundering and unethical practices.

•Stayed informed about industry trends and regulatory changes by attending professional conferences and networking with industry professionals, ensuring up-to-date knowledge and compliance with best practices.

•Responsible for performing sanctions review on clients who has exposure to sanction countries and investigating the business relationship of the client with the bank.

•Worked with the list of customers with sanctions connections to consider additional controls relating to their payments.

•Worked to ensure full compliance with pertinent rules and regulations. Escalated issues discovered during ongoing review and assessment of AML/OFAC compliance risk that require escalation to senior management for direction on resolution

Key Achievements:

• Optimized KYC Analysis Procedures to save the company time and resources.

• Analyzed customer behavior and investing habits

• Lead a team of 5 KYC Professionals.

• Optimized templates used for mitigants in Sanction Screenings to be thorough and Detailed

KYC/ AML/ SANCTIONS/FRAUD ANALYST, Capital One Mclean, VA 02/2021-08/2021

Evaluated transactions and customer relationships to detect money laundering red flags and promptly escalated issues within the AML framework for further investigation. Conducted extensive research and analysis on lists and reports to identify evidence of money laundering activities, utilizing established resources, and following regulatory guidelines. Prepared and submitted required reports, including Suspicious Activity Reports (SARs), within specified time limitations, recommending relationship retention or termination based on findings. Reviewed and analyzed KYC alerts from various sources, such as manual reports/system-generated spreadsheets, to identify and investigate potential suspicious activity.

•Examined financial statements and documents to identify unusual transaction patterns and documented all research and analysis in case management systems.

•Developed and maintained a record of CDD/EDD investigations and recommendations given to the business.

•Ensured that all required documentations for account opening, as required by the Bank CDD/EDD is received and imaged.

•Reviewed and amended applicable policies, procedures and processes within the unit relevant to CDD/EDD and financial crime client risk appetite and assessment.

•Mitigated financial crimes by implementing effective risk management strategies, identifying potential risk exposure, and developing corrective action plans.

•Utilized knowledge of US Patriot Act, Bank Secrecy Act, AML, and OFAC laws to conduct thorough investigations on individual and company accounts.

•Collaborated with the business to provide day-to-day support and oversight on OFAC/sanctions issues to mitigate financial risks.

•Streamlined adjudication process by determining action closing alerts, initiating further investigations, recommending enhanced due diligence, and filing SARs.

•Developed educational programs based on analysis of risk management and incident reporting strategies and data, promoting awareness and prevention of fraudulent activities.

•Reviewed customers accounts statements, CAMP reports and various other Sanctions/compliance related reports.

•Ensured all False Positive Matches Sanctions transactions and payments are processed in accordance with the AML Compliance, Governance, Economic Sanctions internal policy, AML Regulatory requirements, CPA, LVTS, SWIFT and Banking Arrangement guidelines to avoid reputational risk, eliminate/minimize interest claims and potential losses to the Bank and escalate all “Positive Matches” transactions to AML Economic Sanctions & AML Payments team as required.

•Mitigated Operational/Transactional risk through proactive measures i.e. being aware of various cut-off times, accurate processing and verification of payments.

Key Achievements:

• Developed ideas for enhancements to existing systems, communicated knowledge effectively with managers and employees regarding implementation.

• Trained employees on KYC/Fraud requirements and responsibilities

• Achieved recognition of exceptional performance through evaluation by peers, management and regional managers.

• Developed actionable business intelligence for the company's strategic initiatives.

KYC/AML/SANCTIONS/FRAUD ANALYST, Pacific Premier Bancorp Irvine, California 01/2017 – 01/2021

Analyzed and repaired deficient cases treated by alert or case analysts, ensuring accuracy and completeness of investigations. Conducted comprehensive due diligence reviews to support corporate KYC and BSA/AML policies, ensuring adherence to procedures and regulations. Collected in-depth research and assessed allegations to determine their alignment with enterprise investigation criteria. Updated customer profiles using internal CRM tools and monitored media reports to evaluate negative news and reputational risks.

•Streamlined end-to-end processes to align with workforce capabilities, improving efficiency and effectiveness.

•Updated KYC process, such as customer identification program, beneficial ownership, and due diligence levels.

•Maintained comprehensive logs of compliance documents and tasks, contributing to conformity with company policies and client expectations.

•Participated in new client onboarding and contract renewal processes, conducting thorough due diligence, and making recommendations to meet client needs.

•Working knowledge of OFAC/Sanctions interdiction software.

•Assisted the Sanctions Program Manager with updates to the OFAC policies and procedures

•Provided support and guidance to the bank’s operational areas and assisted with implementation of Sanctions related programs

•Provided back up in performing the FT BESS Beginning of Day process

•Establish working relationships with key business partners across all lines of business

•Actively identified process improvement initiatives, implementing solutions, while maximizing productivity and resources.

•Completed Ad hoc projects.

•Monitored activities of assigned area(s) to ensure compliance with applicable internal policies and procedures and external regulations. Name screening clients, transaction monitoring using World Check and other relevant systems

Key Achievements:

• Produced monthly risks assessment reports for the company to address the fraud and anti-money laundering efforts.

• Found several internal control weaknesses within the Fraud detection system and recommended some mitigation measures.

•Created Data models that indicated trends in the business, researched trends in statistics for key employees of the corporation and effectively communicated risks associated with the business.

• Recommended new software tools and enhancements to improve fraud detection, prevention and reporting, decreasing loss by 70%.

EDUCATION

Ambrose Alli University, Ekpoma, Nigeria

B.ENGR. Electrical/Electronics Engineering.

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