Compliance Analyst Client Onboarding

Chisom Njoku

1-424-***-**** *************@*****.***

CAREER OVERVIEW

AML/KYC/Compliance analyst who is proactive and has the capacity to gather, examine, and record case records. Outstanding knowledge and direction in risk management, as well as excellent communication, organization, problem-solving, and interpersonal skills. Enhanced Due Diligence/CDD evaluations and AML Analytics have been implemented successfully by someone with this level of experience. They are also adept at seeing urgent red flags and taking the proper action to record any evidence they find. A desired objective is to expand in the compliance/KYC & AML market.

Risk Management

Investigation/Remediation

KYC/CDD/EDD

Incident Response

Audit

AML Compliance

FINRA/OFAC Regulations

SOX Compliance

CORE COMPETENCIES

PROFESSIONAL EXPERIENCE

Security bank of california -- San bernardino CA

Jan 2020 - Present

Consultant (AML/QA/KYC)

Maintaining a log of control shortcomings, making recommendations, reaching milestones, and assisting with audit reports

Examining reports of suspicious conduct and inquiries into high-risk consumers (SAR)

obtaining relevant information through research, examining it, and reporting it to the appropriate AML Financial Intelligence Unit.

Strong experience putting together and writing Suspicious Activity Reports (SAR) when suspicious activity is discovered, sending out warnings, and putting together and writing SAR for peculiar consumer behavior.

Monitoring the risks and development of a project, making sure that key stakeholders are informed of changes and projected outcomes (FINRA Regulations);

Respond to regulatory and audit enquiries and provide as-needed cross-divisional project support while keeping an eye on risk and operational challenges.

AML quality control (QC) Regarding client onboarding and ongoing KYC assessments, targeted testing using samples is done.

Assist with client onboarding and PKR testing samples, and work directly with the AML team to evaluate QC testing.

Looking for ways to reinforce and improve the project participants' deliverables and outcomes.

Verifying that the established internal control processes are followed by checking records, reports, operational procedures, and supporting documentation.

Coordinates the completion of audit tasks; reviews and edits the work produced by other auditors; and checks audit reports.

EDD (Enhanced Due Diligence) was conducted on vendors and investors.

Upholding internal accounting controls to preserve financial stability

Testing of IT General Controls for various clients, including the design and efficiency of tests for change management, access control, and computer operating procedures

Verifying that the established internal control processes are followed by checking records, reports, operational procedures, and supporting documentation.

Looking over alerts from AML that AML Operations have ended

Checking submitted Suspicious Activity Reports (SARs) for compliance with Bank Secrecy Act (BSA) requirements and regulator expectations.

Coordinates the completion of audit tasks; reviews and edits the work produced by other auditors; and checks audit reports.

• Assisting with ad hoc projects involving data sets for quality assurance and compliance reviews as well as other responsibilities as assigned.

Pacific premier bank - San Bernardino CA

Jun2015–Dec 2019

KYC/AML Consultant

• Conducted and carried out internal audits from a risk perspective on policies addressing Banking Secrecy Act (BSA), Anti-Money Laundering (AML), and compliance with Office of Foreign Assets and Control (OFAC) sanctions requirements.

• Identified Suspicious Activities and Wrote SAR for escalation • Reviewed Client Vitals, Deposits and Withdrawals, AML Check Red Flags and Negative Domain/Offshore Search on Clients

• Client account escalated for EDD and AML triage

• Reaching out to clients and assessing their feedback on suggested supporting documents to decide whether to accept or reject their transaction.

• Recognized risks and suggested internal control improvement opportunities to reduce risk by analyzing data from risk assessments, risk events, root cause analysis, and audit findings.

• Enhanced the control environment by monitoring controls, identifying weaknesses, and developing remedial strategies.

• Recognized and sought out important stakeholders from across the company to aid in the elicitation, evaluation, and aggregation of risks and controls, as well as their overall management.

• Recommendations and conclusions were presented to various levels of leadership.

• Made verified the underlying bank systems supporting the BSA/AML process, Core, and business segment monitoring and tracking reports have the necessary data integrity.

• Oversaw the data gathering and validation processes for the yearly BSA/AML and OFAC risk assessment processes.

• To increase or improve team productivity, analyzed transactional and customer data sets to spot trends, gaps, inconsistencies, and errors.

• Used AML and Sanctions monitoring systems to find rules, scenarios, thresholds, and other criteria, and evaluated those systems in comparison to risk assessments and high-risk paperwork.

Power Holder Company of Nigeria, Benin Distribution zone

Feb 2012 – Nov 2014

Financial Consultant/compliance Analyst

Assess the commission’s financial status

Analyze Project investment plans

Evaluate fund inflows from FG for project expansion including funding

Advise on banks/contractors’ relationship as regards Advance Payment Guarantee (APG)

Forecast funds inflows and disbursement and report any discrepancies

Monitor financial procedures and ensure compliance with the law

Provide solutions and set goals to increase efficient project management and delivery

Review day-to-day transactions of the commission to identify areas of improvement

EDUCATION

Education:

1) Bachelor of Engineering Electrical and Electronic Engineering 1998-2003

2) Englneering Management University of benin 2006-2009

Contact this candidate