Risk Management Compliance Analyst

AFIS P RAIMI

Joliet, Illinois,***** 862-***-**** *********@*****.***, *********@*****.***

Professional Summary

Astute compliance is professional with 6 years of AML/BSA/KYC/OFAC/FRAUD analysis experience in the financial industry. Versed in Anti-Money Laundering, Fraud investigation, High-risk reviews, Risk management, Ongoing transaction monitoring, SAR drafting, KYC (Know Your Customer), Negative news screening, Policy, and procedure development, and Case management. Disciplined compliance professional who is ready to contribute to the company's success through hard work, and multi-tasking ability.

Skills

SAR drafting

Procedure review

Investigation

Due diligence

Research

Risk management

Information verification

Time Management

MS Office

Analytical

KYC/CDD/CIP

Multitasking Abilities

Compliance strength

Operation support

Work History

ALM/BSA Analyst

Cross Riverbank 12/2023 (contract)

Review of adverse news screening/ Negative information of potential PEP/ KYC/ KYB profile

Monitor and review cases triggered by multiple transaction monitoring systems and action the account based on an investigation conducted.

Have strong knowledge of AML/BSA/OFAC regulatory requirements.

Reviews financial statements with an international wire transfer, check clearing, cash, and fund transfer.

Performs detailed analysis on Suspicious Activity Reports (SAR) while using FinCEN (Financial Crimes Enforcement Network) requirement.

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

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

Conducting Negative news searches and advert media on financial crime and drugs-related or terrorist issues

Experience with the Actimize /Lexis-Nexus, SAS, AML toolkit, and CLEAR software to perform my reviews

AML compliance knowledge and updates on new laws and sanctions countries with terrorizing act

Strong ability Review alerted transactions to disposition as false or escalate for further review

AML/Fraud Analyst 12/2020 – 06/2023 (contract)

Investors Bank –Sewell, NJ

Identify and strategize preventative policy to mitigate new fraud trends when detected.

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

Strong analytical Adverse news onboarding individual profile outsourcing.

Review of adverse news screening/ Negative news information of potential PEP/ KYC/ KYB profile

Monitor and review cases triggered by multiple transaction monitoring systems and action the account based on an investigation conducted.

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

Reviewing chargeback dispute claims and also investigating transactions between cardholders and merchants.

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

Have strong knowledge of AML/BSA/OFAC regulatory requirements.

Assess each alert for risk posed to the bank and escalate accordingly.

Perform quality reviews and reviews of procedures and processes.

Perform quality reviews of SAR reports and case files with non-SAR decisions.

Reviewed work of other team members with diverse backgrounds to ensure cases and SAR were completed according to regulatory compliance policies and procedures.

Responsible for case quality review management and SAR Quality Assurance prior to submission/completion.

Reviews financial statements with an international wire transfer, check clearing, cash, and fund transfer.

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

Performs detailed analysis on Suspicious Activity Reports (SAR) while using FinCEN (Financial Crimes Enforcement Network) requirement.

Investigate and detect patterns, trends, anomalies, and new fraud schemes in transactions and relationships across multiple businesses/products.

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

Experience with the Actimize /Lexis-Nexus, software to detect fraud early enough and also identify fraud to prevent stolen IDs or synthetic IDs.

AML/KYC Analyst

Afrikallure llc- Illinois 07/2014 to 08/2019

Conducted KYC formality reports on questionable accounts and transactions.

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

Carried out analysis of potential risks and sources of vulnerability and applied risk mitigation measures.

Reviewed alerts at a high volume to determine if they truly match suspected money launderers, drug dealers, or terrorists.

Performed CDD and negative news screening on new customers.

Conducted thorough reviews for high-risk clients based on stratified risk-level guidelines.

Supported KYC processes for prospective and existing customers.

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

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

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

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

Performed Enhanced Due Diligence on high-risk customers and transactional analysis using software/databases.

Quality reviewed peer and drafted Suspicious Activity Reports (SARS Reporting)

Responsible for executing AML quality reviews including 2nd level reviews and peer reviews

Responsible for conducting quality reviews of SAR completed by other AML analysts

Peer-reviewed and 2nd line-reviewed SARs

Education

BSc: Business Administration Apr 2013

Ahmadu Bello University, Kaduna State, Nigeria

ACAMS AML Certification (In View)

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