AFOLAKE

A. GEORGE

AML/KYC Analyst

Contact

Address

MCKINNEY, TEXAS, 75070

Phone

972-***-****

E-mail

adqaoy@r.postjobfree.com

Skills

Regulatory Data Corp

Escalated complex

problems to level [10]

analysts.

AML Compliance,

Leadership, Process

Improvement, KYC, Team

building, Lexis Nexis,

communication skills, duns

and Bradstreet, Microsoft

suites, Google search and

power point.

Department communication

streamlining

Organization and Time

Management

Written Communication

Good Telephone Etiquette

Problem-Solving

Cultural Awareness

Leadership

Meticulous KYC/AML Analyst with experience gained from working with reputable financial institutions. Proficient, expert, and extensive knowledge of AML, KYC, CDD, EDD and WATCHLISTS with In-depth understanding of anti-money laundering. Initiative-taking and highly organized with an exceptional work ethic. Meticulous and proactive with thorough analytic and investigative skills. Practical and competent AML/KYC Analyst with 15 years of experience providing risk assessment with firm's regulatory and statutory obligations. Thorough knowledge of Customer Identification Procedure (CIP) requirements. To seek and maintain a full-time position that offers professional challenges utilizing people skills, excellent time management and problem-solving skills.

Work History

2021-04 -

Current

AML /KYC Analyst

Frost bank, Addison, TX

Monitor transactions of assigned accounts to assess potential suspicious activity on account, such as

money laundering E.g., have been able to do about

quite numbers of alerts in one day.

Monitor, investigate, review, and escalate KYC/ AML alerts for further investigation

Prepare well-written Suspicious Activity Reports

(SARs) on suspected transactions

Work and contribute to collaborative environment to improve analytical and reporting processes

Ensure compliance with Bank Secrecy Act

Regulations, Anti-Money Laundering related

regulations, Office of Foreign Assets Control

Regulations and USA PATRIOT Act

Regulations Review system generated alerts, assess impact to AML processes, conduct research as

required, and document results in written format

Write suspicious activity reports, address sanctions alerts, and other applicable AML processes in

accordance with regulatory expectations and

departmental procedures

Maintain current knowledge of laws, regulations, policies, and procedures applicable to job

assignment

Assist AML Officer with onboarding new

counterparties as well as managing external

onboarding requests

Industry analyst relations

Provide day-to-day support and oversight to

business on OFAC/sanctions issues

Perform EDD activities at direction of AML officer

Monitored data inputs to manage and maintain

accuracy

Improved operations by collaborating with team

members and customers to find workable solutions.

Adjusted end-to-end KYC process needs to align

with workforce capabilities

Conducted KYC formality reports on questionable

accounts and transactions

Interpreted evidence from multiple tools and

systems to determine legitimacy of customer

behavior

Reviewed new prospect KYC documents to meet

requirements and determine business model risk

Consulted with compliance department to create

regulatory reports

Conducted thorough reviews for high-risk clients based on stratified risk level guidelines

Determined customer risk ratings based on analysis and research findings

Prepared high-risk reviews with results and

recommendations for customer onboarding, closure,

and retention

Analyzed and investigated clients to conduct

detailed customer due diligence and enhanced

due diligence review.

2016-08 -

2019-05

KYC Analyst

RCB Bank, Oklahoma City, OK

Identifies customers who may be eligible for CTR exemptions and refers customer to KYC Director for evaluation. e.g., Have been able to save bank over 100 customers relationship.

Assist manager(s) in providing status updates to management on regular basis to create

transparency and to reduce risks

Collaborated with AML officials to analyze

transaction data and identify patterns and trends

potentially indicative of unethical activity

Kept comprehensive logs tracking compliance

documents and tasks to contribute to achieve

conformity with company policies and client

expectations

Participated in new client onboarding and contract renewal processes, conducting due diligence on

contract performance, and recommending

adjustments to better meet client needs

Maintained records detailing current, prospective, and declined client profiles for further analysis and future reference in negotiation of new contracts and new client intake

Developed comprehensive understanding of

financial statements, enhancing opportunities to

assess risk

Monitored media reports to evaluate customer's

Negative news, publicity quality and check if pose any reputational risk to organization

Conduct appropriate levels of due diligence on

accounts based on customer's risk score.

Performed periodic reviews and reports on

merchants to comply with rules, regulations, and

KYC requirements

Determined customer risk ratings based on analysis and research findings

Partnered with client-facing teams to collect legal documents and associated information for

regulatory and internal policies

Facilitated communication with onboarding team to gather information and onboarding documentation

Analyzed and investigated clients to conduct

detailed customer due diligence and enhanced

due diligence review

Researched and interpreted corporate

documentation to determine business and

ownership structure

Educated staff on anti-money laundering and

financial crimes to escalate concerns to senior

members of PSR team

Adjusted end-to-end KYC process needs to align

with workforce capabilities

Refined tools and practices to optimize manual

reviews

Offered internal support for audit, compliance, and reporting activities

Advised Team Manager and QC Managers of

thematic issues to incorporate best practices for

future processes

Reviewed new prospect KYC documents to meet

requirements and determine business model risk

Consulted with compliance department to create

regulatory reports.

2014-02 -

2016-09

KYC Analyst

Eagle Bank MARYLAND, Silver Spring, MD

8Collaborate with other KYC staff, front officers, compliance officers and staff in back office to

ensure timely approvals

Refresh data and documentation for existing clients on ongoing basis including periodic reviews

Assist Front Office in providing customer's information updates on regular basis to create transparency

and to reduce risks

Ensure KYC Standard/ Policy is consistently applied in front office

Assist with Onboarding of new customers and

periodic review of existing customers

Monitored and maintained compliance with internal controls and government regulations

Facilitated communication with onboarding team to gather information and onboarding documentation

Monitored testing results on related controls from business unit compliance officers

Supported KYC processes for prospective and

existing customers

Prepared reports, metrics, and research to support fraud initiatives and projects.

Investigated fraud referrals and performed research to minimize risk and resolve inquiries.

Communicated with compliance manager to thwart

potential money laundering or terrorist financing.

Identified threats, vulnerabilities, and suspicious behavior patterns to recommend mitigation

measures.

Maintained fraud analysis models to improve

company systems.

Partnered with fraud manager to research and

investigate cases.

Interacted with law enforcement agencies,

regulators, and financial institutions to coordinate investigations related to fraudulent activities.

Documented research findings to support risk-based decision-making and resolution to escalated fraud

incidents.

Recommended new software tools and

enhancements to improve fraud detection,

prevention, and reporting efforts.

Developed and delivered compliance training to

team members and bank staff.

Performed yearly reviews of bank policies and

procedures to evaluate compliance with regulatory

requirements and standards.

Investigated activities of institutions to enforce laws and regulations, assessing legality of transactions and operations or financial solvency Produced

effective procedures for performing [50]

investigations and deployed monitoring processes to keep teams consistent in all areas.

2012-03 -

2013-02

Anti-fraud Analyst

Intercontinental Bank, Lagos, Nigeria

Proactively monitoring and reviewing any activities or transactions. Were able to establish steps to

monitor transactions to avoid making data error.

Manage non- complex alerts and cases.

Makes SAR decision and prepares suspicious activity reports (SARs) as required

Specialize in specific product (with multiple fraud scenarios) or single line of business

Identify and escalate any detected control

deficiencies

Possess basic knowledge of regulatory guidance

and requirements for investigations and SAR

completion.

Encounter extremely sensitive and confidential

information

Tracking and monitoring bank transactions and

activity that comes through individual accounts and cooperate accounts saving my company huge loss

to fraudulent activities.

Reviewing customers' accounts for unusual activities to warn against fraud.

Analyzed substantial amounts of data to find

patterns of fraud and anomalies

Contacted customers directly to notify of fraudulent activity and minimize impacts

Summarized all key information regarding

investigation into detailed report for delivery to client

Investigated cases of insurance and credit card

fraud, which involved upwards of $ 100 million Naira] per case.

Reviewed reports and individual transactions which appeared suspicious to uncover possible fraudulent activity

Collaborated with team members to discuss fraud

trends and brainstorm methods to combat this type

of crime

Gathered evidence, which included recorded and

written statements, financial documentation, and

audio materials for examination

Drove operational improvements which resulted in savings and improved profit margins

Used critical thinking to break down problems,

evaluate solutions and make decisions

Actively listened to customers, managed concerns quickly and escalated major issues to supervisor

Received and processed stock into inventory

management system

Provided exemplary level of customer service to

clients and company personnel

Education

1997-05 -

2003-01

Bachelor of Science: Business

Administration

Lagos State University - Lagos State University, Ojo

(Main Campus), Lagos

.

Contact this candidate