FATAI OLAJIDE

ADDRESS:**** ******** *****,****** ***** 75126

Mobile: +1-214-***-****

Email: advbj8@r.postjobfree.com

SUMMARY

•Experienced and Dynamic financial professional with over 5 years of fraud investigation expertise and experience in regulatory compliance, AML, KYC, CDD, EDD, CAR, OFAC Rules and regulations.

•More than 10 years overall experience in financial sector

•strong knowledge of AML laws (USA PATRIOT Act), regulations (Fed, SEC, FINRA) and their application to the supported products/business lines.

•Conversant with corresponding banking, ACH transaction, credit card, wired fraud and cash deposit fraud investigation.

•Effective decision-making skills and strong problem-solving skills with knowledge of Case Management System, Actimize/Mantas and experience using LexisNexis.

•Conversant with OFAC, SDN, PEP Lists and Negative/Adverse news alert.

•Working knowledge of MS Excel, including pivot tables, V lookup, filtering, and sorting.

SKILLS/TOOLS:

Proficient in the use of Lexis Nexis,GIST, Actimize, BVD, World Check, Google Search, MS Office 365 (Word, PowerPoint, Pivot Tables, VLOOKUP, Excel, Outlook. Macros) and Project Leadership.

WORK EXPERIENCE

PNCBank. Dec 2021 - Present

AML/TM analyst – Corresponding Banking

•Perform assessments of alerted customer activity generated from correspondence bank, ACH and wire transfers.

•Identify red flags for money laundering, terrorist financing, fraud, sanctions violations and any other type of financial crimes activity, if found expectations are to escalate to next tier review for further investigation.

•Compare and contrast common business entity types and determine if the transactions and pattern fit what’s expected for that type of customer.

•Conducts research via online tools to identify applicant entity and beneficial owners.

•Determine mitigating measures for various risk customers.

•Always adhere and follow client policies, procedures, and requirements.

•Applying a working knowledge of and practical experience with correspondent banking, transaction monitoring systems, and SAR files.

•Prepare required reports including Suspicious Activity Reports (SARs), following regulations and time limitations.

Maintaining a strong level of independence and organizational and time management skills with a high focus on attention to detail.

•Understanding and applying procedures, including procedural changes throughout the engagement, into the investigation and review.

•Analyzing due diligence, transactional data, historical data, internal and external searches in accordance with leading practices and bank's policy and procedures.

•Articulating findings in a clear, concise manner that considers the client’s risk appetite.

Synchrony Bank, Remote. June 2019 – Nov 2021

Fraud Investigator

•Use independent and professional judgment in addition to all policies and procedures and regulatory standards when reviewing AML investigations monitor cases.

•Collect and examine financial statements with international wire transfer, check clearing and cash and fund transfers for red flags.

•Will conduct noncomplex fraud investigations from referral through and including creating SARs

•Prepare required reports including Suspicious Activity Reports (SARs), following regulations and time limitations.

•Utilize the U.S. Patriot Act, Bank Secrecy Act, AML and OFAC laws as a guideline for carrying out investigations on individual and Business accounts.

•Use independent and professional judgment in addition to all policies and procedures and regulatory standards when reviewing AML investigations and monitor cases as necessary.

•Possesses multi product, system, and/or process knowledge and effectively uses it to prevent, detect and mitigate fraudulent activity across multiple products and services.

•Communicate with AML Compliance Manager any activity and trends that could implicate potential money laundering or terrorist financing.

•Conduct suspicious activity investigations, currency transaction reporting, global sanctions screening, enhanced due diligence or other AML processes.

•Completes the necessary steps to initiate, properly conduct credit card claim investigations and respond to all claim related inquiries within regulatory or required timeframes.

•Responsible for monitoring all work queues to ensure that they are maintained according to regulatory guidelines for our clients, and completes all work timely and accurately.

•Undertake renewal due diligence on existing clients to ensure identification of changes in risk profile.

Life Credit union, Denton, Texas. Nov 2017- May 2019

KYC/Due Diligence Analyst

•Creates risk acceptance documentation to support the raising or downgrading of high-risk customers for management approval

•Complete and update the applicable sections of Know Your Customer.

•Provide support and guidance to bank’s operational areas and assist with implementation of KYC related programs for the bank.

•Carry out due diligence on corresponding bank transactions.

•Wok extensively with Global market division on foreign currency transactions. E.g school fees, morgate, and medical bill payment abroad.

•Assist with special projects and data gathering for audit and/or regulatory purposes e.g BVN project

•Work in a team oriented and collaborative environment to ensure overall unit goals and deadlines are met

•Ensure customers classified in line with required (CIP, CDD, KYC) regulations

•Proven KYC Analyst experience with the ability to review and interpret complex data from a variety of sources

•Initiate process enhancements to improve turnaround time of client on -boarding experience and client service

•Have the ability to develop a strong understanding of Financial Crime regulations and policies (AML, Sanctions, Anti Bribery and Corruption)

EDUCATION

Bachelors Degree, Lagos State University (Nigeria) - 2012

Certification

CAMS ( Certified Anti - Money Laundering Specialist) - In View Dec, 2022

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