Compliance Analyst Kyc
Resume:
Taryon Coffey
******.******@*****.***
Dynamic and highly qualified Compliance Analyst with extensive knowledge of policies and government regulations with in-depth understanding of Compliance procedures and laws. Self-motivated and highly organized with an exceptional work ethic.
Work Experience:
AML – Investigation Analyst
Wells Fargo November 2021-May 2022
• Recommended a Suspicious Activity Report or additional Enhanced Due Diligence review of the activity identified as suspicious or unusual.
• Responsible for drafting Suspicious Activity Reports (SARs)
• Helped in reviewing profile and account information to ensure transactions are within the regulatory guidelines.
• Prepared, documented analysis and recommendations on summary write-ups in a concise and thorough manner.
• Performed enhanced due diligence on potential high-risk customer utilizing Lexis Nexis, and other internal and external resources.
• Documented and reported investigative findings as well as AML resources used for findings
• Gathered information from outside resources such as internet searches, and public records to help in the proper implementation.
AML – Compliance and Investigation Analyst
Signature Bank July 2017 – November 2021
• Understanding the customers’ requirements and delivering our software solutions to facilitate this
• Follow the standard process and best practices to bring clients onboard and online in the stipulated timeframe
• Deliver end user training to clients, which may include technical personnel, senior executives and administrative staff
• Maintain a high level of process quality and consistency as well as an excellent relationship with the customer.
• Exhibit adherence to policy and procedures and meet or exceed established Service Level Agreements
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• Diligent awareness of risks in our processes in a timely manner
• Ownership, escalation and resolution of risk issues when they occur in a timely manner
• Effectively investigated alerts and filed suspicious activity reports (SARS) in compliance with established regulator guidelines and time-frames.
• Research, analyze, and investigate high-risk customer/commercial account behavior for potential Money Laundering or Terrorist Financing related suspicious activity in accordance with Bank policies and procedures
• Analyzed transactional activity for unusual patterns and typologies
• Applied general knowledge of US Directives on Money Laundering, OFAC and USA Patriot ACT as it relates to KYC, AML, EDD, and Sanction as reflected in the Bank's AML/KYC Compliance policy.
• Conducted quality reviews of enhanced due diligence alerts on New to Bank and Existing Customer High Risk Business and Consumer Banking customers submitted by KYC Analysts/Specialists to ensure quality and appropriate risk assessment.
• Conducting enhanced due diligence investigations in support of policies and procedures. Reporting unusual client activities which might relate to sanctioned individuals, money laundering or terrorist financing.
Conduct alert investigation using global standard policies, procedures and tools, aimed at meeting internal and external regulatory requirements, building and applying knowledge of sanctions and antimoney laundering processes.
• Disposition of high-risk name screening escalations, conduct name searches, resolve matches identified during on-boarding and maintenance processes.
• Analyzing alerts and investigating customers who match with SDN, Politically Exposed Persons and Negative Media lists during the account opening and maintenance processes.
• Conducting searches, gathering data and recording evidence from internal systems, the internet, commercial databases and enquiry with business or compliance contacts within the organization. KYC Analyst Standard
Chartered Bank February 2017 to July 2017
• Researching and finding information on KYC Due Diligence Databases and public domain. Gathering and reviewing of client information such as business registration documentation, negative news, adverse information, and partner requested information. Screening for any negative news, PEP’s, Sanctions etc. on Client, Related Parties and Related Individuals using DDIQ, FORCES and Google
• Stay current with money laundering and terrorist financing behaviours, issues, policies, regulations, criminal typologies, industry best practices, and developing trends.
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• Good understanding of KYC for Funds (Hedge Funds, Mutual Funds, Private Funds – Regulated and Unregulated), Corporate Entities (LLP, LLC, and Corporations etc.), Trusts, Foreign Entities, Banks and Financial Institutions, Sovereign Entities.
• Knowledgeable understanding of the laws applicable to money laundering, including the Bank Secrecy Act, The USA PATRIOT Act, US Treasury AML guidelines, OFAC requirements, Customer Identification Program
(CIP), Office of Foreign Assets Control (OFAC), Foreign Assets Tax Compliance Act (FATCA) and the implementation of anti-money laundering policies and industry best practices
• Worked with Client Verification Unit to analyze and review documentation and also provide research to ensure new accounts meet client policies, procedures and regulations based on the USA Patriot Act.
• Performed KYC reviews for potential high-risk parties and report the findings to the AML team while addressing sanctions hits, negative news hits and other applicable AML processes in accordance with regulations and time limitations.
AML-FIU Compliance Analyst
Texas Capital Nov 2015 to Feb 2017
• Gather supportive information from a list of internal and external public and private databases based on global standard process, accumulating facts from investigations to be utilized in presentation to Senior Management and Compliance.
Applied general knowledge of US Directives on Money Laundering, OFAC and USA Patriot ACT as it relates to KYC, AML, EDD, and Sanction as reflected in the Bank's AML/KYC Compliance policy.
• Conducted quality reviews of enhanced due diligence alerts on New to Bank and Existing Customer High Risk Business and Consumer Banking customers submitted by KYC Analysts/Specialists to ensure quality and appropriate risk assessment.
• Conducting enhanced due diligence investigations in support of policies and procedures. Reporting unusual client activities which might relate to sanctioned individuals, money laundering or terrorist financing.
• Conduct alert investigation using global standard policies, procedures and tools, aimed at meeting internal and external regulatory requirements, building and applying knowledge of sanctions and antimoney laundering processes.
• Disposition of high-risk name screening escalations, conduct name searches, resolve matches identified during on-boarding and maintenance processes.
Analyzing alerts and investigating customers who match with SDN, Politically Exposed Persons and Negative Media lists during the account opening and maintenance processes.
• Conducting searches, gathering data and recording evidence from internal systems, the internet, commercial databases and enquiry with business or compliance contacts within the organization.
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• Accumulating facts from investigations to be utilized in presentation to Senior Management and Compliance. Conducting enhanced due diligence investigations in support of policies and procedures. Reporting unusual client activities which might relate to sanctioned individuals, money laundering or terrorist financing. Conduct alert investigation using global standard policies, procedures and tools, aimed at meeting internal and external regulatory requirements. AML analyst
Home Bank of Arkansas Jan 2014 to Nov 2015
• Recommended a Suspicious Activity Report or additional Enhanced Due Diligence review of the activity identified as suspicious or unusual.
• Responsible for drafting Suspicious Activity Reports (SARs) for submittal to FinCen
• Helped in reviewing profile and account information to ensure transactions are within the regulatory guidelines.
• Prepared, documented analysis and recommendations on summary write-ups in a concise and thorough manner.
• Performed enhanced due diligence on potential high-risk customer utilizing World-Check, Lexis Nexis, OFAC, and other internal and external resources.
• Documented and reported investigative findings as well as AML resources used for findings (Lexis Nexis findings, Google Search findings, World Check findings, Entity or Customer Statements, etc.). Assisted in enhancing process and procedural documents along with scorecard guidance utilized by QC Analysts to ensure the team provided consistent quality feedback.
• Monitoring in the changes to the regulatory environment to ensure the Bank’s BSA program remains in compliance with the law
• Evaluated the AML and Fraud alert parameters to maximize efficiency and provide oversight of other employees in the BSA department
• Gathered information from outside resources such as internet searches, third party vendors, and public records to help in the proper implementation.
EDUCATION
• Bachelors of Arts in Psychology-2018
University of Arkansas at Little Rock
CERTIFICATION
• Association of Certified Anti-Money Specialist – InView
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COMPUTER AND SOFTWARESKILLS
Microsoft Office Programs: Microsoft Word, Prime, Actimize, Microsoft Excel, Microsoft PowerPoint, and Microsoft Outlook, WorldCheck, Lexis Nexis, OIB, Newton, SVP
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