Anti-Money Laundering Due Diligence
Resume:
ONUS OKOJIE
**********@*****.*** 214-***-**** Plano, Texas 75023
Summary
Dedicated and adaptable Financial Crime professional with 8 years of experience, offering a proactive approach to managing all aspects of Anti-Money Laundering (AML), Bank Secrecy Act compliance, fraud detection and prevention, and risk management. Skilled in KYC, Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), and cryptocurrency. Knowledgeable in SQL and related technologies, I possess excellent technical and time management abilities to address complex challenges, aiming to make a positive impact on the financial institution. CAMS Exam: in Lieu - March 2025
CFE Exam: in Lieu
Skills
• Microsoft 360: Excel, PowerPoint, Tableau
• Case Management Systems: STAR, Verafin, Actimize, ECM, CSC Portal
• Tools used: Fraud Portal, Risk Portal, SQL, SSMS, LexisNexis, Clear, World Check, Broker Check, LEI
Search, Google, Salesforce
• SAR Narrative, SAR Writing, FINCEN website, OFAC, BSA
• Root Cause Analysis, Fraud Detection, Quality
Assurance, Customer Relations
• KYC, CDD, EDD, Documentation Management,
Information Verification, Analytical Thinking
• AML and CTF Regulations: Understanding anti-money laundering (AML) and counter-terrorist financing (CTF) laws, including frameworks like the Bank Secrecy Act
(BSA), Patriot Act, FATF guidelines, and the EU's AML Directives
Experience
Frost Bank Carrollton, TX
Fraud/AML - Financial Crimes Analyst
12/2023 - Current
Duties/Responsibilities:
• Analyze and make decisions on Financial Crimes-related cases and alerts BSA/AML, Anti-Bribery, OFAC.
• Utilize banking systems to investigate and research transactional information, ensuring compliance with Financial Crimes requirements.
• Conduct client research to support AML/FRAUD investigations and risk assessments.
• Apply critical thinking to make well-supported decisions based on the alert type and leverage internal and external applications to investigate AML/Fraud cases and resolve alerts efficiently.
• Understand fraud behavior and demonstrate the ability to identify suspicious activities with fraud detection programs and software used to monitor and mitigate fraudulent activities.
• reviewing testing strategies and methodologies; evaluating the adequacy and effectiveness of policies, procedures, processes, initiatives, products and internal controls
• Identify red flags related to check fraud, kiting behavior, depositing fraud etc
SAR filing:
• Draft and file Suspicious Activity Reports (SARs) to FinCEN in accordance with regulatory guidelines.
• Articulate red flags and suspicious activity patterns within the SAR narrative.
• Maintain a detailed record of all SAR filings and related documentation.
• Liaise with law enforcement when necessary to provide additional information on suspicious activities.
Compliance and Controls:
• Maintain a thorough understanding of Anti-Money Laundering (AML), Know Your Customer (KYC), and Fraud prevention regulations.
• Stay up to date on emerging trends and typologies in fraud, money laundering, and terrorist financing.
• Draft and file Suspicious Activity Reports (SARs) to FinCEN in accordance with regulatory guidelines. to further ensure effective implementation of AML/Fraud controls.
Woodforest National Bank Dallas, TX
BSA/AML Analyst II (SAR Writer)
10/2021 - 11/2023
Duties/Responsibilities:
• Conduct investigations into suspicious activities to identify patterns and trends indicative of money laundering or terrorist financing.
• Complete documentation with accuracy, quality, and attention to detail in line with financial procedures and regulatory guidelines.
• Analyze suspicious activity monitoring alerts and provide consultative BSA/AML guidance to various business lines.
• Prepare Suspicious Activity Reports (SARs) following financial procedures and regulatory guidelines.
• Provide feedback or concurrence on suspicious activity alert recommendations, ensuring thorough analysis.
• Demonstrate knowledge of money laundering typologies to detect unusual or suspicious activities.
• Determine the necessity of filing SARs based on alert reviews and bank policies while collecting analyzing, and securing sensitive customer information to maintain confidentiality.
• Maintain customer and case files with detailed records and documentation.
• Evaluate and escalate alerts based on a comprehensive review and organizational policies and notify supervisors of any non-compliance with AML/CFT regulations.
• Adhere to performance metrics and participate in ongoing training to stay updated on industry trends.
First Convenience Bank Dallas, TX
KYC and Fraud Specialist
01/2018 - 08/2020
Duties/Responsibilities:
• Utilized analytical tools and applications to detect, monitor, and mitigate current and potential fraud threats.
• Monitored real-time transaction queues and managed decision incidents efficiently to ensure timely resolutions.
• Screened customer accounts against government-issued sanctions lists
(OFAC) and performed Politically Exposed Person (PEP) and adverse media screenings.
• Conducted fraud reviews and applied enhanced due diligence to new personal loan referrals and high-risk deposit accounts.
• Utilized the Verafin platform to identify and address alerts related to account abuse, ACH fraud, deposit fraud (e.g., counterfeit, forgery, altered checks), identity theft, and online account takeovers.
• Reviewed suspected fraud cases and took actions such as restricting services, removing compromised accounts, and drafting Unusual Activity Reports (UARs).
• Collaborated across departments to communicate and manage account restrictions effectively.
• Performed KYC screenings by verifying member information through independent research sources.
• Resolved customer account issues while ensuring compliance with regulatory documentation and requirements.
Education and Training
Collin College Texas City, TX
Associate of Science in Business Management
University of Benin Nigeria
Bachelor of Science in International relations and Diplomacy References
References available upon request.
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