Quality Analyst Fraud investigation

Adetutu Olorunfemi

Atlanta, GA ***** 470-***-**** adxksi@r.postjobfree.com

PROFESSIONAL SUMMARY

Certified Anti Money Laundering Specialist with over 7+ years of expertise in regulatory compliance, audit procedures, project oversight and risk management.

Excellent history of delivering effective leadership, support staff development training, with driven and strategic aptitude for program management.

Excellent reputation with resolving problems and improving customer satisfaction with unblemished familiarization in the identification of urgent red flags, and methodological documentation of discovered evidence.

Excellent SAR writer passionate about exceeding, and ensuring SOPs are maintained for AML/FRAUD/KYC/OFAC/CRYPTOCURRENCY and CTF.

Proven track record of succeeding, thoroughly investigating, and addressing money laundering issues.

SKILLS

Investigations skills

SAR Writing/ SAR Reporting

Compliance understanding

Document review/ Risk Management

Process improvement

Negative News/Lexis Nexis/World Check

PEP/Sanction Reviewer

Organization/Case Management

Transaction Monitoring/Slack

Manual/Auto Alert Review

Elliptic/SAP/Actimize/Unit 21/Macro/Mantas/Ecams/Safire/Sharepoint

Cryptocurrencies

Customer service, Alert Clearing

Identifying Red Flags

KYC/AML/OFAC Protocols

Suspicious Transaction Monitoring

Meeting BSA/FI Regulations

MS Office, Pivot Table

Ensuring compliance with current AML, CDD, EDD, SPDD

Adobe Acrobat, Research proficiency

Correspondent Banking, Financial Services

Analysis skills/ SAS Data Analysis

Certified Anti Money Laundering Specialist /Fraud Detection/Fraud investigation

WORK HISTORY

QA ANALYST

VACO (USAA) 12/2022- PRESENT

Review Suspicious Activity Reports ("SAR") to ensure the form is completed appropriately, the narrative is thorough, and the appropriate levels of supporting documentation were obtained and maintained.

Completing independent end-to-end review of the underlying process and designed controls.

Ensures risks associated with business activities are effectively identified, measured, monitored, and controlled.

Control laws and regulations to assess the quality of Suspicious Activity Reporting related to fraud activity.

Conducting trend analysis on Fraud errors to include deficiencies in the investigations, SAR reports, trainings, suspicious activity, account type, and geographic trends.

Providing regular feedback relating to quality assurance reviews to QA Fraud Management to continue providing guidance.

Manages quality assurance reviews of all functions related to AML and fraud monitoring including the handling of alerts generated by the Bank's fraud system, case investigations, and Suspicious Activity Reports.

Report findings and observations based on QA standards and processes to Management.

Provide recommendations for edits process to help improve investigators efficiency and/or accuracy.

Report findings and observations based on QA standards and processes to Management.

Manages quality assurance reviews of the systems and data validation reports.

Adhere to all provisions of USSA Bank policies and procedures, including the confidentiality policy, code of ethics and policies and procedures.

Evaluate the quality of work from investigators who conduct complex data analysis using AML/Fraud management tools and systems to detect patterns and trends consistent with money laundering and fraudulent activity.

Follows written risk and compliance policies, standards, and procedures for business activities.

Briefs senior management on results, trends, studies, and initiatives, with recommendations.

Serves as a functional expert and coach to peers and team members and acts as a resource for escalated issues of an unusual nature.

Evaluate the quality of work from investigators who document analysis details within case management tools, perform Know Your Customer (KYC) due diligence, and contact customers as required.

Analyze through Ecams, Actimize. safire, SharePoint, and internal banking systems on cases relative to policies, procedures and best practices to test for accuracy and quality. Engage with investigators and/or management to discuss discrepancies and assess sufficiency of remediation plans to address issues.

AML QA FRAUD ANALYST 02/2022-11/2022

K2 INTEGRITY NEWYORK

Prepare suspicious Activity reports (SARs) in Compliance with established regulatory guidelines and time frames.

Evaluate the quality of work from investigators who conduct complex data analysis using AML/fraud management tools and systems to detect patterns and trends consistent with money laundering and fraudulent activity. Evaluate the quality of work from investigators who document analysis details within case management tools, perform Know Your Customer (KYC} due diligence, and contact customers as required.

Performed detailed analysis on Suspicious Activity Reports (SAR) while using Fincen.

Performed timely verification of questionable transaction, drafted SAR Filings and No SAR filings.

Serve as a subject matter expert on the QA reviews and Financial Crimes Investigations processes

Review OFAC hits; analyze, investigate and refer the transaction for final review.

Escalate unusual activity to the financial intelligence unit (FIU) and assist with escalating potential risks.

Serve as level 2 reviewer of sanctioned related items.

Responsible for sanctions compliance and monitoring the OFAC process and related reporting /follow up.

Conduct customer screening, crypto trading screening and other sanction related screening.

Conduct reviews on all verified cryptocurrency customers and all other information in the account from inception till the end.

Reviewing suspicious activity report that is above the threshold and the risk score is high and report to team lead AML transaction monitoring.

Uses quality methods and tools to identify, analyze, improve, and implement effective and efficient business solution.

Uses advanced knowledge to provide guidance in design, assessment, implementation and /or administration of complex quality assurance/control programs, practices and policies.

Reviewing work of other team members with diverse backgrounds to ensure completed according to regulatory compliance policies and procedures.

Monitor compliance on cryptocurrency and other AML transactions alerts on Queue, also reviewing high volume of transaction activity alerts.

Investigate and analyze potential anti-money laundering and fraudulent transactions in the account and documenting my disposition including filing suspicious activity reports and escalating cases where necessary.

Detect high risk crypto transactions by monitoring all activities in the account, review the incoming /outgoing transaction relationship by tracing through all blockchains available to determine the source and the destination of funds.

Always maintain a full trail of the transactions and export all complete data and making sure it’s an accurate record to file a SARs with ease.

Gather, analyze and sensitize EDD information to evaluate the expected activity to if the customers transaction activity is suspicious.

Review customers crypto accounts for appropriate risk, analyze risk, identify issues, and validate information from the systems and against third party resources to disposition alerts.

AML FRAUD INVESTIGATION ANALYST 04/2018 to 02/2022

Fidelity Bank & Trust Lowa

Serve as point of contact for any law enforcement inquires surrounding SAR filings or general BSA requests as needed.

Alert clearing findings in well written and concise manner that fully support the core competence that was marked.

Certify evidence and verify documentations.

Follows written risk and compliance policies, standards,

and procedures for business activities.

Apply subject matter knowledge to review and evaluate data to develop trends, patterns and profiles and file SAR reporting to FINCEN.

Overseeing the work of junior team members including coaching and mentoring experience.

Bring strong attention to detail and judgement skills to ensure work is complete and accurate and to escalate to leadership when appropriate.

Demonstrate an ability to work efficiently with an attention to detail in investigations, analysis, and writing.

Review and assess negative trends in due diligence reviews and team with leadership to develop and implement possible solutions.

Assist the investigations team in its investigation and analysis of each instance of potential Anti-Money Laundering activity and/or suspicious financial activity across multiple jurisdictions and countries by collecting and analyzing data, utilizing a variety of research and analytical tools, and assisting with projects as needed

Work on processing of Due Diligence, Sanctions Filtering, Bank Secrecy/Cash Reporting, and/or CIP

Proactively support multiple work streams or project teams to execute against an existing project or work plan

Identifies and evaluate quality standards, measurements, and process improvements to ensure they are aligned with practices and regulatory requirements.

Promote, manage and deliver the continuous improvement of activities and service delivery

Display effective organization skills, managing multiple and competing priorities and coaching others to improve these skills

Propose solutions to manage client expectations and managing the delivery of the solution

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

AML TRANSACTION MONITORING ANALYST 03/2016 to 04/2018

ChoiceOne Bank MI

Implemented AML monitoring and transferring system initial threshold setting and tuning and deploying the system.

Collect appropriate documentation to evaluate and recommend the suspicious activity reports (SARs) and /or bank referrals.

Oversee reviews of alerts generated from our AML Transaction Monitoring system.

Conduct complex alert and case investigations, and perform Enhanced Due Diligence (EDD)

Perform second level review of suspicious Activity repots (SAR) filing and provide feedback accordingly

Effectively document detailed case note and fully articulate SAR (Suspicious Activity Report) or no SAR recommended decisions.

Developed and maintained partnerships with federal and state law enforcement agencies to facilitate investigations.

Performed periodic file reviews ensuring activities are reviewed in a holistic manner across the spectrum of products and services used by the customer.

Ensured CDD is properly performed by the LOBs and EDD is applied in cases as warranted to mitigate AML/TF.

Escalate unusual or Suspicious Activities.

Perform intermediate to complex analysis that requires knowledge of Anti-Money Laundering (AML) and Know Your Customer (KYC) schemes.

Complied evidence and documentation in compliance with BSA/AML regulatory requirements.

Analyzed large quantities of information, identifying trending including establishing appropriate metrics to determine changing risk elements.

Reacted to rising risk exposure by recommending appropriate controls and creating a culture of continuous process improvement.

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

Monitored compliance with processes, policies, procedures and standards in regards to collection and management of annual contributions from shareholder companies.

Counseled committees and department heads regarding compliance risks and standards.

Performed comprehensive analysis of registrations for securities and insurance programs.

Liaised with risk management, internal audit and employee services departments to direct compliance issues to appropriate channels for investigation and resolution.

Gathered, organized and evaluated data to make accurate assessments of current operations.

EDUCATION

Bachelor of Science Mass Communications

Lead city University 2009

ACAMS - ER.0051050.46 2022

SCRUM MASTER 2022

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