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Location:
Queens, NY
Posted:
April 22, 2021

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Resume:

Kenneth Leung, CAMS

(***) -***-**** adlv55@r.postjobfree.com

Professional Summary

Financial crime, legal and regulatory compliance professional with broad experience within the financial industry including but not limited to; retail banking, correspondent banking, broker-dealer/securities and commercial real estate. Team player with strong interpersonal skills and business acumen in building lasting professional relationships. Proficient in analyzing, investigation and interpretation of complex cases drilling down to the micro details to formulate a rationale/concise conclusion while remaining mindful of a wholistic -risk based approach. Passionate about data analysis and data science in utilizing these predictive modeling in combating financial crime. Eager to grow, ask questions humbly and enhance my career within financial crime and compliance technology. PROFESSIONAL EXPERIENCE

Sterling National Bank - BSA Risk Associate October 2020 - Present

• Provide day-to-day support and assistance of BSA/AML and Sanctions (including OFAC) related responsibilities to mitigate risk and ensure compliance with investigative protocols and regulatory reporting (including SARs)

• Review escalations of high-risk clients, conduct periodic EDD reviews, analyze potential instances of suspicious activity, and assist in the Bank’s compliance with financial crime-related investigations

• Assess potential new clients for account openings, which includes full review of risk characteristics, disaffirmation of potential matches to PEP and Sanction listings, and collection of CIP documentation

• Member of the BSA Risk Optimization Committee and provide data science/digital solutions to streamline/automate current department processes ensuring efficiency in daily BAU.

• Remain abreast of AML emerging industry trends for fintech/digital banking and provide insight from a data-science, machine learning perspective in the mitigation of fraud/financial crime. The Bank of East Asia – New York Branch

Senior Compliance Analyst -Full Time December 2019- September 2020

• Perform OFAC related responsibilities including but not limited to; sanctions clearing on real time transactions and performing secondary review in escalated alerts, updating sanctions screening list and quality assurance based on OFAC SDN updates as well as HO mandated sanction updates from Hong Kong Monetary Authority, weekly ongoing screening on all employees and account relationships at the Branch and provide advisory to different departments as it pertains to sanctions/OFAC compliance

• Review, research and clear monthly transaction monitoring case alerts generated by system scenarios utilizing a holistic risk- based approach by conducting robust transactional analysis on wire, check and ACH activity, conducting sanction/negative new searches and identifying potential suspicious activity..

• Draft suspicious activity reports (SARs) and 90 day continuing activity reports (CARs) for review from BSA Officer and assist in submission

• Conduct CIP risk rating on low and medium clients as well as EDD on high risk clients based on triggering events which includes but limited to: KYC review on all onboarding documents, transactional analysis within 3 months activity in comparison to anticipated/expected activity and interfacing with account relationship officers on required due diligence pursuant to branch CIP procedures.

• Disseminate daily reconciliation metrics to compliance senior management utilizing various system reports which consist of daily transactions for CD, DDA and loan, CTR reports, new accounts, new CIF creation, new beneficiary owners and alerts clearance for both New York and LA branch.

• Draft newly created policies and procedures for real time sanction screening and updating daily operational functions

• Maintain regulatory awareness in BSA, AML, KYC, CTF and OFAC related changes and regularly communicate with CCO/ BSA officer on such changes.

• Conduct bi-weekly 314a screening and compile audit reports for OCC examinations.

• Draft monthly compliance meeting minutes on a rotational basis

• Assist in ad-hoc special projects in relation to OCC examinations, internal audit and head office requests from AML compliance from head office.

CTBC Bank Co., Ltd – New York Branch

Compliance Analyst - Full Time March 2019- November 2019

• Review, research and clear monthly transaction monitoring case alerts generated by system scenarios utilizing a holistic risk- based approach by conducting transactional analysis on wire, check and ACH activity, conducting sanction/negative new searches and identifying potential suspicious activity.

• Draft suspicious activity reports (SARs) and continuing activity reports (CARs) for review from BSA Officer and assist in submission

• Review sanctions real time screening as escalated from first line review and confirm disposition whether it was a true match or a false positive and conduct further due diligence on potential close matches.

• Assist BSA officer in drafting the OFAC blocked and rejected report for transactions that have been returned or rejected due to compliance concerns.

• Perform enhanced due diligence on Trade Finance escalated transactions as the subject matter expert which includes reviewing import and export letters of credit, bill collection (Document Against Acceptance, Document Against Payment) and review for trade-based money laundering risk as it pertains to price of commodity, dual use and vessel checks for transshipment.

• Draft first line and second line Trade Finance AML/Sanctions Procedures in response to an internal audit remediation exception and work with compliance and testing consultant in identifying key risk controls and process flow.

• Maintain regulatory awareness in BSA, AML, KYC, CTF and OFAC related changes and communicate collectively within AML compliance to determine impact to bank.

• Perform bi-weekly reviews on USA Patriot Act Section 311 Special and clear monthly USA Patriot Act 314a batches.

• Assist in ad-hoc special projects in relation to NYDFS, FRB examinations, internal audit and head office requests from AML compliance from head office.

Arbor Realty Trust Inc.

Compliance Specialist - Full Time January 2017-March 2019

• Perform audit reviews on loan/legal documentation in accordance to Fannie Mae, Freddie Mac and internal firm policies

• Enforce AML/KYC//OFAC compliance as the third line of defense by auditing line of business and conducting EDD on potential red flags using a risk-based approach

• Remain abreast on new regulatory changes related to AML, CTF and OFAC within the commercial real estate industry and report relevant findings to senior management to ensure firm's compliance with AML/CTF laws

• Update and draft changes to the AML policy and procedure and create training presentations for annual mandatory training

• Perform internal audits on firms servicing operations on the movement of mortgage payments which includes cash, payoff, tax and insurance disbursement’s and investor remittance to ensure adherence to USAP and internal treasury/accounting controls

• Disseminate cyber security audit questionnaires to firm's third-party vendors to assess cyber security controls and adherence to firm's information technology policies

• Work with compliance training and development specialist in the implementation of firms learning management system and assist in project management to achieve projected launch

• Perform ad hoc projects and work collectively as a team to meet compliance initiatives Firstrade Securities Inc.

Compliance Associate – Full Time January 2016-

December 2016

• Work with senior management to enforce a robust compliance culture and liaison between the CCO and department managers on educating on new proposed compliance initiatives

• Monitor AML/ BSA compliance as the second line of defense by reviewing trading/funding activity in customer accounts and conducting EDD on high risk accounts

• Validate OFAC searches conducted by new accounts department to ensure screening of all new and existing customer accounts

• Assist in writing SAR narratives and ensure timely submissions to FINCEN

• Review and analyze incoming and outgoing correspondence, promotions, advertisements and social media in accordance to FINRA Rule 2210 Retail Communication and escalate potential risk to CCO

• Respond and draft law enforcement request such as subpoenas and ensure centralized control of documentation to be submitted to CCO

• Partner with cross functioning departments in trading operations, new accounts and customer operations in rectifying complex cases

• Collaborate with executive management in preparing the annual compliance meeting and present key topics of importance within FINRA regulatory priorities

Hong Kong Shanghai Banking Corporation

Bank Teller October2014-December 2015

• Provide Universal Banking and accurately process financial transactions

• Adhere to AML/KYC/BSA compliance as the first line of defense by escalating suspicious activity such as unusual deposits below reporting thresholds to line manager

• Provide new account referrals to platform staff and cross-sell bank products to customers while maintaining KYC procedures

• Work with Head Teller to maintain cash limits and reconcile cash box to reflect transactions processed at end of dayTransition between teller operations and assisting customers on the floor SKILLS

Python (Matplotlib, Pandas, Seaborn, Numpy), SQL, Data Analytics, Data Science, Compliance systems, advanced excel and Microsoft office.

CERTIFICATIONS

Certified Anti-Money Laundering Specialist (CAMS)

Certificate of Completion - General Assembly Data Science EDUCATION

General Assembly New York, NY

Part Time Certification Remote- Data Science June 2020-September 2020 John Jay College of Criminal Justice (CUNY) New York, NY Bachelor of Science in Forensic Financial Analysis January 2013- December 2015 Queens Borough Community College (CUNY) Bayside Queens, NYAssociate of Science in Criminal Justice and Applied Sciences August 2010-January 2013



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