KYC, EDD Professional

MARY DEAN

E: *******@*****.*** M: (***) *** – ***9 New York

PROFESSIONAL SUMMARY

Highly analytical professional with a Bachelor’s degree coupled with 13 years of diverse experience in the financial and banking field. Specialized expertise in compliance and risk management. Results-driven with a proven history of analyzing complex data to identify trends and mitigate risks and ensure compliance with financial laws and regulations. Excellent communicator with demonstrated success interacting with customers and stakeholders to drive business results. Adept improving operational efficiency and productivity by making recommendations to procedures. Subject matter expert within various AML functions such as: KYC, USA Patriot Act, and OFAC.

Risk Analysis

Account Review

EDD/CDD

Investigative Skills

Data Mining

Customer Risk Scores

PROFESSIONAL EXPERIENCE

Royal Business Bank New York, NY

Consultant-KYC Quality Control Lead 02/2024 – 05/2024

Performed Quality Review of clients KYC records, including negative news exposures.

Served point of contact for KYC and reporting issues for designated clients.

Reviewed and made determination of suspicious transactions identified according to the Bank Secrecy Act (BSA)

Make sure the files have been completed by the bank’s KYC policy and procedures.

Recorded and communicated any errors and or discrepancies found and ensured corrective actions were taken.

Ensured accuracy and documented each review by completing the QC checklist.

Societe Generale New York, NY

Consultant, KYC Associate 11/2022 – August 2023

Responsible for analyzing and evaluating documents received to ensure accuracy and make sure the KYC file is completed from beginning to end.

Preformed screenings on Customers, Controlling Parties, Key Account Parties using World Check

Execute and review negative news alerts from client screening and escalate where necessary.

Ensure and deliver a high standard of quality in the KYC files in adherence to the bank’s policies and procedures.

Work in close and continuous collaboration with other team members to achieve accuracy and resolve issues (if any) during daily tasks.

Request information from FO for missing and/or additional information to complete the onboarding process.

Make sure documents and/ or information is accurate to satisfy the Bank's KYC due diligence policies and processes.

Make sure timely updates are given to the Team Lead during the KYC review.

Avidia Bank New York, NY

Consultant, KYC Specialist 05/2021 – 08/2022

•Responsible for reviewing and ensuring all required AML / KYC Regulatory requirements for new clients, perform reviews on existing clients by ensuring all the required documentation and information is in customer’s file as per the bank’s policies and procedures.

Review Client data, documentation, and negative news to complete the review of the case from beginning to end under the bank’s KYC Procedures.

Liaise with Compliance on requirements and regulations arising for special circumstances. Review high risk accounts negative news information.

•Liaise regularly with client owners, compliance, legal, credit and other support functions as part of the KYC process.

•Utilize public resources to conduct due diligence reviews on clients of varying risk levels

•Perform basic and enhanced KYC due diligence for new and existing clients.

Intesa Sanpaolo New York, NY

Consultant, KYC Specialist 06/2019 – 10/2019

•Successfully supported the operational, revenue, and risk management objectives of a high-volume bank by providing adept research and analysis support in reviewing low to high-risk accounts for various lines of business and jurisdictions.

•Independently managed enhanced due diligence (EDD) reviews by performing thorough reviews of account type (LLC, publicly traded, etc.), history, and product use to determine the specific documentation needed to make a case determination.

•Collaborated with Relationship managers to maintain positive client relationships while researching pertinent information regarding negative news via the internet, World-Check, or Lexis Nexis.

•Effectively utilized customer risk scoring models in accordance with departmental processes and procedures to assist in the review process while maintaining awareness of regulatory updates and incorporate process and procedural changes.

•Recommended clear and concise referrals to the Financial Intelligence Unit for further investigations and potential SAR filing and elevated questions and concerns to the manager as needed to make determinations and close EDD reviews.

Natixis New York, NY

Consultant, KYC SME 08/2017 – 06/2019

•Effectively perform enhanced due diligence reviews of high-risk accounts with a focus on minimizing operational risks through research, data collection, and data analysis functions.

•Proactively collaborated with stakeholders to provide feedback regarding trends, patterns, and potential key risks identified during the review process for assigned accounts.

•Prioritized case reviews based on designated time frames to maximize productivity while ensuring KYC/AML and other regulatory reviews on all clients is performed and escalate findings when necessary.

•Performed client due diligence searches across internal and external sites, making sure any issues/concerns in accordance with AML, BSA, and other regulatory standards to assist business units and prevent operational and reputational risks.

Standard Chartered Bank New York, NY

Consultant, KYC Specialist 01/2016 - 04/2017

•Successfully collaborated with key stakeholders across all business lines to conduct consumer due diligence on low to medium risk accounts by reviewing/validating the risk rating and identifying any risk associated with the client.

•Provided support and guidance to the bank's operational areas and assisted with the implementation of KYC related programs for the bank while assisting with data gathering for audit and/or regulatory purposes.

•Analyzed customer relationships, documentation, activity patterns, and transactions to detect potential suspicious activity or activities that are not consistent with the customer’s risk profile or anticipated activities.

•Performs reviews to determine if activity or customer behavior is aligned with expectations based on customer due diligence (CDD) performed and follow up account monitoring while requesting additional due diligence for evaluation when necessary.

•Applied mitigating controls for customers whose risk profile warrants them and communicated discoveries and issues with internal AML constituents and external customers to support the successful discovery of money laundering activities.

JP Morgan Chase & Co. New York, NY

Consultant-KYC Case Lead Support 12/2014 - 01/2016

•Successfully interacted with internal teams as appropriate, including Investment Due Diligence, Product Management, Legal, Operations, Risk, Investor Relations, and Sales as needed.

•Functioned as a KYC and AML subject matter resource for KYC due diligence teams and escalated HR cases to compliance to minimize operational risks.

•Researched and reviewed negative news on clients to determine relevance and material news for the purposes of risk assessment and risk mitigation.

•Completed remediation efforts and projects to clean up data and documentation and coordinate with other areas as needed (COB, Compliance, Sales, Client Service).

•Review and ensured detailed documentation of the due diligence performed and validated the accuracy of data in the KYC platform and ensure completeness of documents.

NYCB New York, NY

Senior AML/EDD Associate 06/2014 - 11/2014

Successfully conducted research that utilized internal and external public and private databases to compile a portfolio of information on funds transfer and or check instrument products/transactions.

Utilized transactional and customer records, external data, publicly- available information, and other information to identify suspicious or unusual activity.

Performed detailed analyses to detect patterns, trends, anomalies, and schemes in transactions and relationships across multiple businesses/products.

Reviewed and analyzed underlying data gathered to assess reasonable cause to escalate an alert to Investigations or to clear the alert.

Completed review of accounts in a timely manner and in accordance with FinCEN guidance and regulations and functioned as a key contributor with demonstrated knowledge of AML/KYC issues as well as broader functional knowledge.

Citibank New York, NY

Consultant, KYC Analyst 08/2013 - 03/2014

Successfully contributed to the bank's compliance and risk analysis functions by performing enhanced due diligence for high-risk customers and ongoing due diligence of the customer base.

Reviewed and audited clients’ trading account applications in strict compliance with client requirements and analyzed client data, documentation, and negative news to determine Client Risk Profile.

Performed account maintenance for existing accounts and detected and reporting unusual or suspicious transactions that potentially expose the bank to financial loss, increase expenses, or reputational risk.

Performed the required KYC screening on existing clients by documenting and confirming the information obtained on the client as needed by Client Global KYC Procedures utilizing a variety of independent research sources.

TD Securities New York, NY

New Account Officer 08/2006 – 03/2013

Efficiently provided a full range of banking services to new business customers, focusing on opening new brokerage accounts for the firm across different business lines (Equities, Fixed Income, Banking) .

Maximized customer acquisition/retention by meeting with existing and potential customers to educate them on the impact of market fluctuations and interest rates on their investment planning and goals.

Discussed and educated consumers about loans and determined the best loan for them based on the information provided, such as the purpose of the loan, the customer's existing equity, and their timeline for repayment.

Proactively analyzed customer data to identify and recommend suitable solutions that drove customer retention, such as offering products and services that met the customer's needs and financial goals.

Utilized detailed knowledge of the Bank Secrecy Act, USA Patriot Act, Office of Foreign Assets Control laws and applicable industry laws and regulations.

Ensured that significant AML-related activities are performed across the business lines timely, and issues are addressed appropriately and escalated as needed.

Logged and tracked missing documentation on a spreadsheet and monitored status frequently and ensured accounts were opened and updated within the trade window while adhering to KYC/CIP/CDD.

EDUCATION

Bachelor of Arts, Media Communication & American Studies

SUNY College at Old Westbury

SOFTWARE/TECHNOLOGICAL PROFICIENCY

Seibel Systems ADP Brokerage System Socrates Alert Microsoft Office World check Lexis-Nexis CRM

Contact this candidate