Aml Analyst

ARTHUR L. CYPRESS

VIRGINIA · 571-***-****

******.*******@*****.***

PROFESSIONAL SUMMARY

Dedicated AML Analyst with 4 years of experience of AML, BSA, KYC, EDD (Enhanced Due Diligence), CDD

(Customer Due Diligence), and OFAC compliance, and in-depth investigative analysis. Highly motivated. Exceptional in the preparation of SAR reports (Suspicious Activity Reports). Also, advanced in the writing of CAR reports (Continuous Activity Reports). Excellent written and verbal communication skills. Able to consistently and accurately investigate/identify patterns and trends to report suspicious activity. EXPERIENCE

2021 – 2023

AML ANALYST

GUIDEHOUSE, VIRGINIA

● Performing AML alert/case reviews, seeking to mitigate risks associated with financial crimes and suspicious activity.

● Applying research and analytic techniques to digest complex information sets in order to make logical and adequately supported determinations in regard to unusual and potentially suspicious activity.

● Applying consistent and well-documented analysis consistent with industry standards to ensure success in the following daily efforts of Transaction Monitoring:

● Conducting an end-to-end and meticulous review of potential illegal or suspicious activity;

● Completing a time-sensitive and meticulous analysis of each instance of potential Anti-Money Laundering activity and/or suspicious financial activity across multiple jurisdictions and countries;

● Assessment of customer profiles and client data to identify whether activity is consistent with typical purchasing/payment activity, including Acceptable Use Policy adherence and Know Your Customer efforts; and

● Documenting findings in narrative style format, in the manual and automated process case management system and preparing updates to Project Managers/ Team Leads as appropriate.

● Make determinations for potential SAR filings.

2019 – 2021

AML ANALYST

FULTON BANK, VIRGINIA

● Ensured compliance with all AML laws, regulations, guidelines, written procedures, EDD, OFAC, CIP, KYC, and customer/transaction monitoring.

● Effectively conducted AML/KYC formality reports on questionable accounts and transactions.

● Used the OFAC Search list platform on screen for banks and countries that have been OFAC sanctioned.

● File SARS on the BSA E-Filing platform.

● Improved and implemented customer risk rating criteria with KYC management and procedure for both consumer and corporate customers.

● Drafted AML Compliance training guides to reinforce knowledge on key information, policies. Solicited feedback from attendees, ensuring a full understanding of the material presented.

● Review and monitor correspondent bank wire transactions.

● Communicate with management and report findings in correspondent bank wire transactions then take necessary action.

● Assisted in the handling of informational requests submitted under the USA Patriot Act.

● Conducted research from internal and external sources to obtain the most current information on existing customers including relationship hierarchy structure, industry codes, TAX ID.

● Reviewed negative news and OFAC/Watch List/PEP alerts generated by automated systems.

● Reviewed system generated alerts to assess presence of illicit activity that may require reporting based on Bank Secrecy Act (BSA)/ AML requirements, conduct research as required and document detailed results in written format.

● Identified business areas requiring increased security controls to protect the organization and its end users. Gathered evidence to file a SAR.

● Performed detailed analysis on Suspicious Activity Reports (SAR) while using FinCEN Database to detect patterns, trends, anomalies and new fraud schemes in transactions and relationships across multiple businesses/products.

● Review backlog of Complaints, Reports, and CTR's made to SEC about potential/past/present fraud, Market Manipulation analysis or investment schemes committed (Ponzi, Pyramid, High Yield).

● Monitor transactions on Entropy to identify any form of structuring.

● Clear OFAC hits and verify PEP Match.

● Use software/ databases such as Lexis-Nexis, World Check.

● Perform Data analysis to provide a ratio of Fraud per losses.

● Design risk prevention strategies to reduce Money Laundering and Fraud. 2018 – 2019

PREPAID FIU

US BANK, VIRGINIA

● Research and identify fraudulent accounts then suspend/cancel accounts from further activity.

● Review transactions in various systems.

● Perform computer-based research including social media platform searches and financial database reviews.

● Technical writing, reporting, and metrics.

● Review accounts that exceed threshold for international activity found to be inconsistent with client profile, then filing necessary documentation.

● Review escalations for unemployment fraud to determine if accounts and funds were being used for illicit financial gain.

● Investigate escalated claims of ATM fund discrepancy as well as working with ATM owner for terminal balancing and working with the program manager to determine necessary further actions.

SKILLS

● SAR Writing, CAR Writing, CTR Reporting, KYC, Oracle Mantas, VLOOKUP for Excel, Negative News Review, World Base, Excel, CLEAR, Lexis-Nexis, VMWare, DDIQ, ECRR (Enterprise Client Risk Rating), Xerox, Oracle Database, LLC University, PDF Creator, RDC, Westlaw, Pivot Tables, Pacer, Microsoft Office 365

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