ELIZABETH OMONIYI AFOLABI

Southlake, TX 760**-***-*** 9920 ad4l2d@r.postjobfree.com

Professional Summary

Detail oriented AML/FRAUD/BSA Analyst with 5years of working experience in the Banking sector. Versed in Anti-Money Laundering, BSA (Bank Secrecy Act), PEP screening, Fraud investigation, Ongoing transaction monitoring, KYC (Know Your Customer), SAR drafting, Negative news dispositioning, Policy and procedure development, Adverse news feed screening, and Risk management. Proactive compliance professional with proven record of success at detecting and preventing fraud. Seeking an opportunity to contribute to the company’s success through hard work, attention to detail and multi-tasking skills.

Skills

Banking regulation

Compliance strength

Investigation

Due diligence

Fraud analysis

Information verification

Risk Management

Work ethics

MS Office

SAR drafting

Multitasking Abilities

Procedure review

Work History

AML/BSA Analyst 03/2022 to Current

PNC Bank – Timonium, MD

Monitor automated monitoring system to identify suspicious or unusual transactions including cash, wires, ACH, POS, and ATM transactions.

Performs detailed analysis on Suspicious Activity Reports (SAR) while using FINCEN (Financial Crimes Enforcement Network) Database to detect patterns, trends, anomalies and new fraud schemes in transactions and relationships across multiple businesses/products.

Investigate suspicious activity as required under the Bank Secrecy Act and US Patriot Act.

Compiles information and documents from a variety of sources to draft SAR report.

Review alerts at a high volume to determine if true match to suspected money launderers, drug dealers or terrorist.

Complete USA Patriot Act 314(a) information requests.

Stays abreast of financial crimes risk trends, relevant regulations, and compliance standards.

Carry out analysis of potential risks and sources of vulnerability and apply risk mitigation measures.

Identifies the client, its beneficial owners, Politically Exposed Persons (PEP) if any.

Perform yearly reviews of bank policies and procedures to evaluate compliance with regulatory requirements and standards.

Recommend new software tools and enhancements to improve fraud detection, prevention, and reporting efforts.

Communicate with compliance manager to thwart potential money laundering or terrorism financing.

Prioritize and organize tasks to efficiently accomplish service goals by developing solutions and meeting deadlines.

AML/FRAUD Analyst 08/2018 to 02/2022

Wells Fargo Bank – Bakersfield, CA

Used industry prevention and mitigation tools such as LexisNexis, Looker, Zendesk, Unit21, to assist investigation and decision making.

Identified threats, vulnerabilities, and suspicious behavior patterns to recommend mitigation measures.

Monitored and reviewed cases triggered by multiple transaction monitoring systems and action the account based on investigation conducted.

Conducted KYC formality reports on questionable accounts and transactions.

Monitored and reviewed institutional transactions and reconciled customer accounts to identify fraud.

Escalated unusual activity to the Financial Intelligence Unit (FIU) and assist with escalating potential risks.

Analyzed and manipulated data to identify fraudulent trends to help the fraud operations department in creating fraud prevention strategies.

Conducted objective, thorough, and timely investigations into allegations of fraud.

Worked independently with minimal supervision, as well as contributing to a team environment.

Managed risks by adhering to compliance routines, processes, and controls to protect client and shareholder interests.

Reviewed documentation to prevent fraud, money laundering, and identify theft losses.

Conducted investigation on ATO(Account Takeover), Dispute Fraud, and Elder abuse.

Education

BSc: Demography and Social Statistics

Obafemi Awolowo University, Osun State, Nigeria

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