Allen Lawrence

New York, NY

929-***-****

SUMMARY:

Experienced in anti-money laundering, transaction monitoring and SAR writing, preparation, and submittal when necessary to FINCEN.

Experienced in suspicious activity monitoring and CTR reporting, identification, and risk rating of higher risk customers and OFAC screenings for assigned bank(s).

Conducted AML investigations, transactional monitoring due to alerts, governmental requests and departmental requests as needed.

Reviewed and analyzed due diligence data from a variety of sources to determine overall risk.

Evaluated risks to determine permissibly under sanctions regulations and/or BSA/AML regulations.

Escalated confirmed sanctions alerts, PEP matches and other risks appropriately.

Experienced in Systems worked on Lexis Nexus, Google, World Check, Microsoft Excel, Know Your Customer, Specially Designated National List, Politically Exposed People and AIM.

Wrote SARS's in accordance with regulations and time limitations as a result of unusual activity.

Oversaw projects for major banking clients Wells Fargo Bank, HSBC, Barclays Bank, JP Morgan Chase Bank.

Maintained daily, monthly performance standards, including those pertaining to Quality, Productivity and Recovery.

Conducted enchanted due diligence reviews of clients with moderate risk by using (KYC).

EDUCATION:

Berkeley College of Business- Bachelor’s degree in Accounting, New York, NY

SKILLS:

AML

BSA

Risk analyst

Fraud

Compliance

Call Detection

Transaction

Actmize

PROFESSIONAL EXPERIENCE:

LPL Financial June 2021 – May 2022

Customer Risk Associate - Financial Crimes Compliance Due Diligence

Reviewed and analyze, in a timely manner, alerted activity within the AML transaction monitoring system using Actmize.

Utilized sound judgement to evaluate review findings and close accordingly, including determination of whether to escalate, where appropriate, alerts for further analysis.

Fully documented the review of alerted activity within the AML transaction monitoring system, including supporting data, analysis, and rationale for disposition also in Actmize.

Worked and communicate with internal staff and supervisory personnel to resolve alerted transactions.

Quest Financial / Purchasing Power August 2019 - March 2020

SR Fraud AML Investigator

Monitor real time queues and identify high risk transactions within the business portfolio.

Observe customer transactions to identify fraudulent activity such as account take over, friendly fraud, theft, counterfeit and similar other risks.

Identify fraudulent transactions and cancel them from further processing Also updating in the Actmize system .

Resolve high risk alerts within the service level agreements to reduce potential revenue losses.

Investigate fraud claims and make decisions regarding their validity based on internal policies and 3rd party data and in accordance with defined SOP’s

Resolve customer issues within the scope of existing service level agreements.

Determine existing fraud trends by analyzing accounts and transaction patterns.

Generate suspicious activity reports and risk management reports for Managers.

SunTrust Bank October 2018 - July 2019

AML Consumer Risk Analyst

Conducted research and provided advice on new customer alerts and Know Your Customer (KYC) files.

Performed reviews on high-risk customers. Utilized customer risk scoring models in accordance with departmental processes and procedures.

Conducted, reviewed, and evaluated alerts, ad-hoc alert/screening on new and existing customers as appropriate.

Completed CDD/EDD reviews/projects in a timely and efficient manner. Documented CDD/EDD review findings including all pertinent facts and information to support result While also updating in the Actmize system.

Advised the front and back offices regarding Company's client onboarding and enhanced due diligence standards and requirements

ARC Risk and Compliance June 2018 - September 2018

AML/Consultant

Conducted AML investigations, transactional monitoring due to alerts, governmental requests and departmental requests as needed.

Reviewed and analyzed due diligence data from a variety of sources to determine overall risk.

Conducted due diligence reviews of clients with moderate risk by using (KYC).

Did Look backs for 6 months to a year

Reviewed new fraud claims and explored any potential recovery opportunities to minimize net losses.

Wells Fargo Bank February 2017 - June 2018

Financial Consultant

Conducted research and/or background investigations on transactions, individuals, business entities, organizations and/or locations to identify and mitigate associated sanctions, review, and analyze due diligence data from a variety of sources to determine overall risk.

Screened customers, prospects and/or transactions against various regulatory reporting lists and regionally based sanctions watch lists.

Evaluated risks to determine permissibility under sanctions regulations and/or BSA/AML regulations.

Provided appropriate direction to the line of business.

Escalated confirmed sanctions alerts, PEP matches and other risks appropriately.

Performed non-documentary Customer Identification Program on domestic customers in accordance with regulations and bank policy.

Ensured compliance with guidelines set forth in federal/state anti-money laundering laws and regulations including the Bank Secrecy Act and various sanctions regulations.

Consulted with line of business managers, legal, agencies, customers, and peers regarding due diligence findings.

Participated in complex project initiatives as primary subject matter expert.

Performed Know Your Client (KYC) due diligence in accordance with internal Anti-Money Laundering (AML) guidelines and policies and did look backs from 6 months to 1 year depending on or customer or que.

Reviewed and perform Quality check for all Account/Portfolio/Client level changes submitted by manager.

Verified and performed quality checks for the tasks assigned and performed by other team members.

HSBC February 2016 - February 2017

Sanctions Officer

Reviewed Funds Transfer and Vet true positives from false positives.

Monitored the Watch List for sanctions entities.

Investigated true positives hits and escalate for further review and approval to management.

Ensured that alerts are not change to the incorrect status in error.

Ensured that any alert changed to Real Violation in error are reinstated and double checked by another Sanction Screening Analyst and that the new detection number is added to the alert.

Updated the violation errors Excel spread sheet.

Conducted AML investigations and transactional monitoring due to alerts, governmental requests or departmental requests as needed while performing KYC CCD & EDD research.

Reviewed 6 Months to 1 year of transactions activities and drafting a clear concise summary of EDD review for further investigation if SAR was needed.

Performed in-depth investigations, retain case documentation, and provide analysis of findings.

Wrote SARs in accordance with regulations and time limitations as a result of unusual activity

Perform Know Your Client (KYC) due diligence in accordance with internal Anti-Money Laundering (AML) guidelines and policies, perform look backs from 6 months to 1 year are longer depending upon client

Reviewed and performed Quality check for all Accounts/Client level changes submitted by manager and Client Service Administrators

Flagship Credit Acceptance January 2015 - February 2016

Legal Admin QA & Compliance

Responsible for creating and maintain documentation on company policy, forms, letters, workflow and other business process.

Communicated policy and procedure changes; help ensure compliance is within state and federal regulations.

Coordinated team members input to define policy and procedure changes and recommendation for SAR (Suspicious Activity Report).

Documented all policy and procedure to ensure business practices are accurate updating documentation upon revision. Maintain Excel spread sheets for document storage and retrieval.

Performed Know Your Client (KYC) due diligence in accordance with internal Anti-Money Laundering (AML) guidelines and policies.

Reviewed and performed Quality check for all Accounts/Client level changes submitted by Manager and Client Service Administrators.

Verified and performed quality checks for the tasks assigned and performed by other team members.

Barclays Bank February 2015 - July 2015

Fraud Investigator

Reviewed new fraud claims and explore any potential recovery opportunities to minimize net losses.

Performed recovery tasks in a timely manner to achieve the maximum possible results.

Maintained daily and monthly performance standards, including those pertaining to Quality, Productivity and Recovery. Provide inbound phone coverage for Fraud Investigations and Fraud Detection calls.

Reviewed accounts for potential S.A.R. filings and complete report within timely manner.

Performed other work-related duties as assigned.

Conducted enchanted due diligence reviews of clients with moderate risk by using (KYC).

Conducted AML investigations and transactional monitoring due to alerts, governmental requests or departmental requests as needed. Systems work were Excel, KYC, Lexus Nexus, World Check, Aim, NGT

Performed Know Your Client (KYC) due diligence in accordance with internal Anti-Money Laundering (AML) guidelines and policies

Verified and performed quality checks for the tasks assigned and performed by other team members

J.P Morgan Chase Bank August 2014 - February 2015

HR Operations Service Specialist

Provided a high-quality Human Resources service by responding to incoming calls from employees in a Call Center averaging at least 150 to 200 calls a day.

Assisted employees with questions pertaining to the SAFE Act validating and ensuring accuracy of data between JP Morgan Chase and the Federal Registry system in compliance with the SAFE Act.

Manage data validation issues, issue resolution research, and follow through to obtain necessary information Ultimately maintaining compliance standards.

H. Capital January 2012 - July 2014

Advance Funding Specialist

Talked to Merchants who are looking for additional capital or funding for their business thru their future credit card receivables.

Explained to the merchant how the process works and what documents are required for funding.

Handled at least 200 inbound and outbound calls per day assisting customers in the explanation as to difference between a bank loan and merchant loan.

Assisted in the training of new employees on the system and on the operational functions of their duties.

People Share March 2011 - December 2011

Accounts Receivable Clerk

Posted customer payments by recording cash, checks and credit card transactions.

Resolved collections by examining customer payment plans, payment history, and credit line and coordinate contact with collections department.

Posted revenues by verifying and entering transactions from lock box and local deposits.

Updated receivables by totaling unpaid invoices.

Answered took incoming calls and made outbound calls averaging at 75 to 15 calls a day.

Imperial Merchant Services January 2009 - February 2011

Funding Specialist

Spoke to merchants who are looking for additional capital or funding for their business thru their future credit card receivables.

Explained to the merchant how the process works and what documents were required as well as the differences in the products.

Received inbound and outbound calls to businesses averaging at least 150 or more calls a day

NCB Management February 2007 - January 2009

SR Claims Representative

Took Inbound and made outbound calls regarding customers who are behind on their credit card and bank payment.

Utilized my customer service expertise to create a payment plan for the customer that would enable them to pay on their past due balances without getting them further into debt.

Handled claims for return merchandise as well as overdraft fees for the customer.

Synchronized Technology January 2006 - January 2007

Service Coordinator

Answered user inquiries regarding computer software or hardware.

Issued work tickets for customers that were having problems with their phone lines or fax equipment or having problems with their terminal.

Distributed the tickets to the right techs that handle certain need of the customer and follow up with the customer to make sure their problems got resolved in a timely manner.

Contact this candidate