John ORIDUPA (B.Sc, ACA, MICA, CFCS, CAMS-AUDIT, CAMS-RM -in view)

KYC/AML/Financial Crime Specialist

Telephone: 074-****-****. E-mail: addtvk@r.postjobfree.com

Personal profile

I am an experienced CDD/AML Consultant with good working experience of completing Due Diligence reviews on Retail, Commercial Banking and Investment Banking clients. I have over 15 years hands-on experience in the areas of the Regulatory reporting, Regulatory Oversight & Assurance, Compliance guidelines, Quality Control/Assurance, Conduct risk issues, Anti-Bribery & Corruption (ABC) procedures, Suspicious Activity Reporting (SAR), Anti-Money Laundering (AML), Counter-Terrorism financing methods, Fraud Prevention, Detection and Control methods having worked as AML Consultants within the UK and foreign financial institutions.

As a Due Diligence analyst, I have strong knowledge of client KYC/CDD onboarding processes, Renewal and Remediation/De-risking exercises, CDD procedures, regulatory reporting requirements, and strong awareness of Sanctions regime, transaction monitoring/alerts Investigations, high risk Investigations, as well as identification of suspicious activities while conducting transactional reviews on client's relationship.

I have experience in reviewing and verifying compliance documents in relation to Retail, Commercial Banking and Investment Banking clients such as Limited Liability Companies, Partnership, Charities, Trusts, and NGOs. I also have good understanding of Hedge funds, SPV/SPE, Mutual funds, Bearer shares holders, Money Service Businesses, Alternative Remittance Systems (ARS)/Informal Value Transfer Systems (IVTS), Professional Services firms, Charities, Trusts, Nominee Directorships/Shareholders etc.)

To support this, I have a good knowledge of JMLSG guidance requirements, FCA guidelines for firms, as well as strong understanding of statutory obligations of Banks in relation to reporting suspicious activities to the National Crime Agency (NCA) in a timely, efficient manner.

Core Technical Skills (Regulations, Legislations and Directives)

Broad understanding of key AML and reputational risks, including PEPs, Sanctions, Financial Crime Investigations

Strong understanding of UK Financial Crime legal and regulatory requirements and a good level of general knowledge about the risks associated with our customer base and target markets

Sound knowledge of Anti-Money Laundering regulations and procedures, as well as good understanding and importance of Bank's adopting a Risk-Based Approach (RBA) as required by regulators

Strong knowledge of:

US PATRIOT Act 2001, Money Laundering Regulations 20017, Terrorist Act (TACT) 2000

Financial Action Task Force (FATF), Joint Money Laundering Steering Group (JMSLG)

Existing Sanctions imposed by OFAC, United Nations (UN), European Union (EU). US Treasury

4th, 5th and 6th EU Money Laundering Directives (MLDs)

Good knowledge and understanding of simple and complex ownership structure.

Customer Due Diligence – Enhanced Due Diligence, Source of Funds, Source of Wealth, Transaction monitoring, Ultimate Beneficial Owners (UBO), On-boarding and Remediation

Good awareness of Dodd Frank Act 2010 and EMIR Legislation (OTC derivatives)

Strong knowledge of Suspicious Activity Reporting, as defined under s327, s328, s329, s333 (tipping off) of the Proceeds of Crime Act (POCA) 2002, as well as the Consent processes stipulated under section 338 of the Act

Strong knowledge of reviewing and verifying compliance documents in relation to Retail & Commercial Banking clients and good understanding of client's risk classification (High, Medium and Low risk using risk factors such as Customer type, Product type, Jurisdiction, Geography, Regulatory risk etc.), and also have knowledge of PEPs and complex ownership structure.

Career History

Deutsche Bank (CIB-Corporate and Investment Bank) London, UK

AML/AFC KYC Quality Assurance Consultant June 2019- Mar 2020

I worked at the Second line of Defence as Quality Assurance Consultant and on the day to day conducting quality assurance reviewed of all sampled business records (High and Medium Risk) and tested them against the Bank KYC Policies ( KYC Policy; Screening Policy; PEP Policy and Sanction Policy) for compliance and identified Policy Breach, Process Deficiency and Technology Deficiency escalated to business for correction and to Senior Management for decision making. Also, I identified areas of improvements necessary to enhance business records integrity and mitigating Financial Crime Risks.

Reviewed business records in line with the testing plans to ensuring the KYC Policy and relevant regulatory requirements were met.

Reported any policy breaches, process deficiency and technology deficiency to Business for discussion and agreement at toll gate.

Liaised directly with AML Advisory Compliance and business staff in the completion of this work;

Prepared weekly reports for submission to the Risk & Control and Global AFC Testing teams in hub locations detailing the work performed, findings, conclusions and recommendations;

Compiled reports and trend analysis for discussion with key Stakeholders from the Business and identified key issues and areas for improvement

Worked in collaboration with the Risk & Control and Global AFC Testing teams in hub locations, who will be responsible for the overall coordination of the KYC Quality Assurance program

Participated in the creation of testing plans for areas of identified potential AFC risk

Kept abreast of all regulatory developments which might impact monitoring requirements.

Prepared QA desktop procedural manual to assist the team in meeting and improving the turnaround time for case review

Assisted in executing other projects as required by management

Hilfords LTD London, UK

Independent AML/Financial Crime, Transaction Monitoring Consultant Feb 2019 -May 2019

I worked and KYC and Financial Crime SME to the firms. I was responsible for ensuring all clients properly risk assessed and appropriate Customer Due Diligence (DD) was carried out in order to mitigate financial crime risks. Also, I was involved in weekly training of member of staff on all the relevant KYC regulatory requirements and responsibilities. Other responsibilities include:

Performed Customer Due Diligence on Individual and corporate clients by identifying and verifying the following information using approved sources i.e. Full legal name, Evidence of legal form, Country of incorporation, Registered address, Nature of business, Purpose of account or relationship, Source of wealth, Ownership structure, source of fund.

Reviewed and analysed all client files for completeness and compliance with Regulatory requirements

Conducted intensive investigations using both internal and external investigative tools to arrive at a valid risk-based conclusion; Produced complete and accurate MI and analyse data effectively.

Provided high value, business critical KYC/CDD technical support and advice to the Team

Obtained, completed and maintained all Regulatory KYC documentation for all Clients in accordance with the Bank's guidelines and in compliance with UK & global financial regulations

Contributed positively to the KYC/KYCB account review operations and take responsibility for the development and implementation of specific deliverables and ensuring these deliverables are achieved within the required time, cost and quality parameters

Responsible for investigative research, root cause analysis and consulting regarding highly complex financial crimes transactions, policy violations and/or suspicious situations with moderate to high risk activity levels

Conducted AML reviews and investigations of alerts and determined the level of risk to be applied to customers using criteria such as nature of the business, the jurisdiction to which the customer is linked, customer industry/occupation and complexity of the ownership structure; investigate beneficial owners

Conducted effective KYC/AML due diligence procedures including Name List Screening (NLS) for new, existing and their counterparties to ensuring that internal and external KYC /AML requirements are effectively met at all times

EFG Private Bank LTD London, UK

AML/KYC Quality Assurance Lead & Financial Crime SME Jan 2018 - Dec 2018

As Quality Assurance and Financial Crime SME, I was responsible for ensuring KYC quality assurance of all completed Due Diligence (DD) files of all complex customer relationships, as well as investigating unusual account activities/transactions and sanction matches. Other responsibilities include:

CDD/EDD Remediation functions

Acted as Subject Matter Expert (SME) on the day to day process of conducting quality assurance review of all completed CDD files and provided mentoring on AML process and procedure requirements to KYC Analysts where necessary. Also, identified possible areas of improvements and provided guidance and training to less experienced quality assurance and other team members.

Carried out review of Financial Crime Team works/reports /cases submitted to ensure that they are grammatically correct and that clients have been appropriately risk rated using all the necessary parameters (Client type, Jurisdiction, Product, channel of delivery, Peps, Sanction) in order to either signing-off or escalating case files to senior management members.

Adequately reviewed all cases work to ensure that all the UBOs and key account parties are identified and screened for adverse media, Money Laundering concerns, PEPs existence, Sanction risks and ensure the outcome reflects/impact on the client’s risk rating.

Conducted risk and data quality assessments and Liaise with the front office /CRO (on boarding teams) for the purposes of advising them on EDD documentary requirements for any high-risk client

Carried out case review to ensure that the analysts apply the appropriate CDD process in line with the client’s risk rating and where the client is high risk, I ensured that the Analyst applied EDD and detailed information obtained regarding the client’s Source of Wealth (SoW) and Source of Fund (SoFs).

Communicated exceptions and errors identified on worked cases to the team for rework/necessary amendments/ correction in order to bring the quality to the standard stipulated in the key operational procedure.

Managed project tracker to ensuring all cases assigned to analysts are captured, monitored in order to measure performances of all the KYC analysts for decision-making.

Worked within tight deadlines to sign off cases to meet the expectations of Front Offices and other relevant stakeholders. Also, kept track of cases and carried out timely follow-ups on pending outstanding issues to ensure quick resolutions.

Worked with other team members to produce weekly and monthly MI for senior management.

Ensured and maintained thorough understanding of all relevant laws and regulations within the AML, KYC and OFAC and explained the impacts of regulatory changes to the team members and other stakeholders, where necessary.

AML/Financial Crime & Transaction Monitoring Investigations

My role profile included providing specialist knowledge to first line of defence colleagues and key internal stakeholders within the Bank, the AML Programme and AML Policy team in relation to suspicious activity reporting (SARs), high-end money laundering concerns, terrorism concerns and sanctions matches. Other responsibilities include:

Provided support to the financial crime investigators in the assessment and investigation of suspicious activity reports (SARs), and escalated risky SARs to the MLRO team where necessary.

Managed high-risk, complex investigations, including co-ordinating incident meetings with AML Operations Managers and Relationship Managers (e.g. unknown SoFs/SoW, complex layering of funds)

Agreed and implemented remedial actions to address internal control failures & control gaps.

Assisted with reporting SARs to the National Crime Agency in a timely manner in the correct format and presentation

Assisted in the collation and development of the Sanctions True Match data, and provide analysis on key issues or underlying trends.

Reviewed and analysed data/reports submitted by regional/country/business line teams to identify issues and gaps. Liaise with relevant teams to resolve issues and missing information

Supported the financial crime investigators in assessing potential anti-money laundering matches, such as Sanctions, Politically Exposed Persons and adverse media checking using compliance systems

Performed searches utilizing Internet sources and/or third-party vendors (i.e. google, and World check) to determine negative news and obtain due diligence information for prospects and new/existing customers.

Completed all job-related training in a timely manner and attend seminars or continuing education, as directed, and participated in team meetings, and perform any other assignments as directed by Manager.

HSBC (UK) PLC London, UK

Senior AML, SME and CDD Case Manager Jan-2017 to Nov 2017

I worked as part of a team on a remediation project that tests and reviews clients KYC records against internal policies and established procedures to ensure that key controls are operating effectively. Performed end-to-end Quality Assurance (QA) review on clients KYC records and looked at the quality of the data collected, the decision made and the actual processes themselves. Other responsibilities include:

I am responsible for overseeing completed Due Diligence (DD) on complex customer relationships, as well as investigating unusual account transactions and sanction matches. I also undertake High Risk or complex investigations arising from transaction monitoring alerts and made recommendations for action on Suspicious Activity Reports (SARs) relating to money laundering and terrorist financing. Other responsibilities include:

Perform searches utilizing Internet sources and/or third-party vendors (i.e. Google and World Compliance) to determine negative news and obtain due diligence information for prospects and new/existing customers.

Review KYC/CDD for completeness and accuracy as part of customer validation in order to assess and document the risks associated with that customer.

Carry out AML re-mediation of different categories (High and Medium) customers file, identify and itemise the gaps in terms of information and documentations for remediation.

Identifying and supporting effective resolution of identified KYC deficiencies in order to detect, deter financial crime and protect the Bank of MKL/TF risks

Support Enhanced Due Diligence (EDD) reviews of Correspondent Banking Relationships maintained by the Corporate Bank.

Work alongside the Relationship Director to deliver recommendations on how to proceed with the client relationship, escalating where necessary against our EDD principles.

Examine the detail of all cases nearing their completion deadlines, to assess the risks run, and provide consistent recommendations to senior management across the business.

Monitor overdue and complex cases, chairing resolution meetings between KYC Operations, Coverage, and financial crime and bringing creative solutions to drive resolution as necessary.

Drive up the quality of the KYC process through close liaison between KYC Operations and Coverage, challenging and improving procedures and processes.

Mentoring and coaching of Junior Level Analysts to enhance perform and ensuring the bank quality standards are met

Providing accurate and timely feedback necessary for management decision to support and improving operational standards

Manage own case load and working to targets with the task of maintaining required level of quality; also liaise with both internal and external clients

Crown Agent Bank LTD London, UK

Senior Transaction Monitoring and Sanctions Analyst Nov- 2016 to Jan-2017

As an interim Consultant, I was responsible for providing expert resources and assistance to Head of Financial Crime in discharging AML responsibilities in relation to reporting of money laundering and terrorist financing activities, as well as Sanctions. I was also responsible for adherence to Due Diligence standards, identified gaps in processes and made recommendations. Other responsibilities include:

Reviewed and investigated all sanctions alerts/hits in the sanction queues and take appropriate actions in a timely manner and in accordance with Group Compliance procedures, decision grids and in compliance with local and global regulations before allowed funds (inward/outward).

Obtained all necessary supporting information and documentation in compliance with Group Compliance procedures and decision grids in a timely manner from the Single Point of Contact (SPOC) located in the operations teams

Performed adequate research to resolve potential matches utilising internal/external compliance tools.

Investigated full ownership and control to identify all ultimate beneficiaries and possible PEPs for KYC/CDD and risk management purposes.

Request and evaluate a vendor-performed search to determine whether the client is a politically exposed person (PEP Search), is the subject of negative press (negative media search), is subject to government sanctions or internal restrictions, or has been the subject of any negative information.

Reviewed high risk businesses activities and ensure that the operations of the organisation are compliant to regulations and required regulatory standards

Coordinate client / counterparty onboarding across multiple functions / units - Front Office, Compliance, Legal and Tax, amongst others - all in a high pressure / time-sensitive environment.

Reviewed and responded to swift messages from external parties on sanctions related investigations using the Global Investigations system and report to Line Manager as required.

Supervised a team of five Analysts within and ensured sanctions regulations are strictly implemented

Other Employments History

July 2016 to November 2016 - Deutsche Bank Senior KYC/Quality Assurance Analyst- Remediation

April 2016 to June 2016- Santander Bank AML Financial Crime/EDD Analyst (PEP Rectification Project

Jul-2015 to Dec-2015 - Guaranty Trust Bank (UK), KYC Remediation Analyst - Correspondent Banking

Oct-2014 to Jun-2015 - Lloyds Banking Group (FI & GC), KYC On-boarding Analyst

Jun 2005 to Oct 2010 - Oceanic Bank International Plc, Audit Manager/Inspection/Fraud Investigation

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