Risk Management Program

Charmaine Farley

Mount Vernon, NY 347-***-**** *********@*******.***

Meticulous Compliance Officer offering 15+ years of experience in financial crimes operations with targeted expertise in OFAC Sanctions. Highly adept at performing internal audits, conducting investigations, and reporting information. Leverage superb technical and communications skills to achieve desired results in fast- paced financial environments.

Professional Experience

Flagstar Bank New York, NY

Transaction Analyst October 2022 - Present

● Track 40+ transactions per day, comparing historic trends and market changes to identify suspicious activity

● Investigate discrepancies to ensure accuracy and compliance with regulatory requirements

● Evaluate and monitor risk management program and assess effectiveness of risk management controls

● Prepare suspicious activity reports and provide recommendations for remediation

● Communicate directly with bank's business personnel to supply documentation updates for clients like CAAR/ ISCQ/ CVR etc.

● Utilize metrics to analyze and report on effectiveness of proactive fraud prevention strategies, reducing likelihood of fraud by 80%

Signature Bank New York, NY

Senior Compliance Analyst - OFAC May 2015 - October 2022

● Administered 2nd level decisions on real-time wires and handled investigations for escalated wires

● Performed necessary due diligence to verify compliance with regulations and risk management standards

● Conducted ongoing review of OFAC screening tools, identifying opportunities to streamline operations

● Coordinated with Funds Transfer Department on wires to confirm wires released, held, and escalated to compliance OFAC escalation team if wire needed to be blocked

● Trained 5-6 new employees on OFAC regulations including penalties for violations Interaudi Bank New York, NY

Operations Officer January 2012 - May 2015

● Served as assistant to FVP of Operations Department and managed operations in absence of VP

● Screened and verified outgoing and incoming wire transactions, carried out wire investigations

● Maintained up-to-date knowledge of Anti-Money Laundering (AML) compliance and recent AML regulations affecting bank's business

● Adopted new process improvements including automated file creation and electronic processing, reducing process time by 50% while increasing customer satisfaction

● Achieved stellar 90% accuracy rate for incoming and outgoing wire transfers National Bank of Egypt New York, NY

Compliance/Treasury Ops Specialist September 2009 - December 2011

● Supplied primary backup coverage for processing functions as required for Funds Transfer Department

● Assisted in all MM/FX investigations, reviewed all payments held for OFAC, and processed all aspects of Securities

● Proactively identified risks and developed solutions to ensure smooth running of treasury operations

● Enhanced risk management program, leading to 40% decrease in compliance risk exposure Additional Experience

New York Community Bancorp Wire Compliance Specialist, Interaudi Bank Payment Clerk Core Competencies

Risk Management Strategies, Document & Compliance Review, Reporting Requirements, Anti Money Laundering (AML), Audit Documentation, Transaction Monitoring, Data Integrity, Regulatory Research, Due Diligence, Account Investigations, Detailed Analysis, Process Improvement Technical Skills

Actimize, FinScan, Lexis-Nexus, Microsoft Word/Excel/Outlook, FINRA, SWIFT, Iran Watch List Education

Bachelor of Business Administration in Computer Information Systems, Baruch College/CUNY, New York, NY

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