AML QA/Team Lead
Resume:
DONALD C. TAYLOR
PROFESSIONAL CONSULTING GROUP
PCG LLC
*******.******@*****.***
Certified Anti-Money Laundering Professional (AMLP) with more than 25 years AML/KYC related experience consisting of: Ten years’ experience as an AML Compliance Consultant for international correspondent, retail and prepaid card banking AML Compliance programs and a gaming facility Eight years investigative experience as a Special Agent-Internal Revenue Service-Criminal Investigation Division Twelve years experience as an Fraud, AML, BSA and RICO Forensic Investigator for law firms and Sixteen years experience managing an investment bank’s AML/KYC Compliance program.
SUMMARY OF SKILLS
• AML transaction investigations of Correspondent, Retail and Prepaid Card Banking
• Reviewing and preparing SAR and EDD investigative reports
• Excellent Quality Assurance review skills
• Excellent investigative, interviewing, research and analytical skills
• Managing complex projects by exercising independent judgment and iproblem solver
• Expert knowledge of Gaming, AML, BSA, FCPA, FATCA, OFAC, SOX, SEC, FINRA
• AMLP - Certified Anti-Money Laundering Professional-Banking Administration Institute
• Fraud, AML, BSA and KYC documentation, public record and database searches
• Reviewing EDD, AML, and KYC investigative reports and making recommendations
• Knowledge of Accuity, Actimize, BusinessObjects, COSIMA/Factiva, Sharepoint, Detica/Norkom, CaseIt, Edgar, Lexis/Nexis, Pacer, Global Patriot Officer, FiServ, IBS Insight, Synergy, eStatements, Transparint, WorldCheck, Primetest, Image Center, Prime, Citrix, GFT, Bankway, Imagemaker, Nautilus, Rumba, dbCAR, dbKYCS, Pnueron, Word, and Excel
PROFESSIONAL EXPERIENCE
AML Consultant
January 2023-February 2023 (Resigned Due to Illness)
Sumitomo Mitsui Banking Corporation/AML Rightsource
Conducted Lookback transaction investigations for SMBC Bank’s correspondent banking operations. Some of my responsibilities consist of:
Performed anti-money laundering surveillance and monitoring for Correspondence Banking relationships maintained by the Bank, through the running, data extraction, analysis and review of alerts generated by their alert operating system.
AML Team Lead and QA
November 2021-June 2022
iTrustCapital, Irvine, CA/Maquette Advisors
AML Team Lead for iTrustCapital cryptocurrency operations. Some of my responsibilities consisted of:
Managed team of six AML transaction monitoring investigators and conducted reviews of EDD nvestigative reports.
Ensured alerts, investigations and reviews are properly documented and are in compliance with existing policies and BSA regulations.
Analyzed transactions, account histories, and other bank data pertaining to suspicious account activity and forwarded reports to SAR Team when appropriate
Analyzed client information and any negative news to determine potential risk to the Bank.
Analyzed client information, KYC documentation and any negative news to determine potential risk to the firm.
AML Team Lead and QA
December 2018-March 2019
Centennial Bank, Iselin, NJ/ACA Global
AML Team Lead for Centennial Bank retail operations. Some of my responsibilities consisted of:
Managed team of six AML transaction monitoring investigators and conducted reviews of EDD nvestigative reports.
Ensured alerts, investigations and reviews are properly documented and are in compliance with existing policies and BSA regulations.
Analyzed transactions, account histories, and other bank data pertaining to suspicious account activity and forwarded reports to SAR Team when appropriate
Analyzed client information and any negative news to determine potential risk to the Bank.
Analyzed client information, KYC documentation and any negative news to determine potential risk to the firm.
Protected the organization from potential regulatory and reputational sanctions regarding compliance standards.
AML Transaction Monitoring Senior Analyst
September 2018 -November 2018
Mega Bank, New York, NY/Madison-Davis Group
Conducted AML transaction monitoring and prepared EDD transaction reports for Mega Bank’s correspondent banking operations. Some of my responsibilities consist of:
Performed anti-money laundering surveillance and monitoring for Correspondence Banking relationships maintained by the Bank, through the running, data extraction, analysis and review of alerts generated via the Bank’s operating system.
Accomplished surveillance by analyzing alerted data activity for potential money laundering, terrorism financing, sanctions/OFAC violations, tax evasion, and other suspicious activities.
Utilized the Bank’s various database systems to evaluate current and prior activity for alerted transacting parties, to determine if there were any transactions indicative of suspicious activity.
Determined the source of funds and analyzed if the activity made sense for the parties involved through the running of pivot table and further scrutinization of the involved parties, jurisdictions, amounts, dates and frequency of the transactions involved.
Performed background research on entities and individuals to rule out any sanctions violations by utilizing databases such as Lexis/Nexis, WorldCheck, Factiva, Cosima, Dun and Bradstreet, Accuity and Internet searches.
Detailed review findings in a EDD report explaining transactions, parties involved and identifiable source of funds, and raised Request for Information or Referral for Investigation (RFI's) when alerting entities proved questionable, a sanctioned person or nation was identified or transaction amounts deviated from purported business activities, and subsequently wrote up suspicious Activity Report (SARs) when required.
AML Transactional Surveillance Senior Analyst
July 2018-August 2018
Woorii America Bank, New York, NY/Madison-Davis Group
Conducted AML transaction surveillance reviews for Woorii America Bank’s retail banking operations in New York, NY. Some of my responsibilities consisted of:
Conducted AML transaction reviews of the bank’s high risk clients, including major public/private companies. Provided risk rating recommendations and conducted determinations for maintaining or exiting banking relationships.
Analyzed transactions, account histories and other bank data pertaining to anomalous and/or suspicious account activity. Cleared alerts and prepared complex case reports and submitted to bank AML management.
Analyzed client information, KYC documentation and any negative news to determine potential risk to the firm.
Assessed special risk factors, identified ultimate beneficial owners, legal representatives, politically exposed persons and performed OFAC, PEP and negative news screenings on entities/individuals located in high risk countries, high risk industries and with complex corporate structures.
Detailed review findings via written EDD reports explaining transactions, parties involved and identifiable source of funds, and raised Request for Information or Referral for Investigation (RFI's) when alerting entities proved questionable, a sanctioned person or nation was identified or transaction amounts deviated from purported business activities, and subsequently wrote up reports for Suspicious Activity Report (SARs) Team when required.
AML Transactional Surveillance Analyst
September 2017-June 2018
Deutsche Bank, New York, NY/Exiger LLC
Conducted AML transaction monitoring reviews and prepared EDD reports for Deutsche Bank’s International Private Bank/Private Wealth Management, Corporate and Investment Banking operations in New York, NY. Some of my responsibilities consisted of:
Performed anti-money laundering surveillance and monitoring for Correspondence and Investment Banking relationships maintained by the Bank, through the running, data extraction, analysis and review of alerts generated via the Actimize operating system.
Accomplished surveillance by analyzing vast amounts of data activity for potential money laundering, terrorism financing, sanctions/OFAC violations, tax evasion, and other suspicious activities. Analyzed client information, KYC documentation and any negative news to determine potential risk to the firm.
Utilized the Bank’s various database systems to evaluate current and prior activity for alerted transacting parties, to determine if there were any transactions indicative of money laundering, terrorism financing, sanctions violations or any other suspicious activity.
Determined the source of funds and analyzed if the activity made sense for the line of business and parties involved, through the running of pivot table and further scrutinization of the involved parties, jurisdictions, amounts, dates and frequency of the types of transactions involved.
Performed background research on entities and individuals and to rule out any sanctions violations by utilizing bank databases and internet searches.
Detailed review findings via written EDD reports explaining cohesion of transactions, parties involved and identifiable source of funds, and raised Request for Information or Referral for Investigation (RFI's) when alerting entities proved questionable, a sanctioned person or nation was identified or transaction amounts deviated from purported business activities, and subsequently wrote up reports for Suspicious Activity Report (SARs) Team when required.
AML Transactional Surveillance Analyst
March 2017 -July 2017
UBS, Stamford, CT/UBS-TalentWave
Conducted AML transaction monitoring and surveillance for UBS’s correspondent banking operations. Some of my responsibilities consist of:
Performed anti-money laundering surveillance and monitoring for Correspondence and Investment Banking relationships maintained by the Bank, through the running, data extraction, analysis and review of alerts generated via the Actimize operating system.
Accomplished surveillance by analyzing vast amounts of data activity for potential money laundering, terrorism financing, sanctions/OFAC violations, tax evasion, and other suspicious activities.
Utilized the Firms various systems Actimize, Business Objects, Cosima and Factiva to evaluate current and prior activity for alerted transacting parties, to determine if there were any transactions indicative of money laundering, terrorism financing, sanctions violations or any other suspicious activity.
Determined the source of funds and analyzed if the activity made sense for the line of business and parties involved, through the running of pivot table and further scrutinization of the involved parties, jurisdictions, amounts, dates and frequency of the types of transactions involved.
Performed background research on entities and individuals and to rule out any sanctions violations by utilizing databases such as Lexis/Nexis, WorldCheck, Factiva, Cosima, Dun and Bradstreet, Accuity and the Internet.
Detailed review findings via written EDD reports explaining transactions, parties involved and identifiable source of funds, and raised Request for Information or Referral for Investigation (RFI's) when alerting entities proved questionable, a sanctioned person or nation was identified or transaction amounts deviated from purported business activities, and subsequently wrote up reports for Suspicious Activity Report (SARs) Team when required.
AML Transaction Monitoring Analyst
January 2016-June 2016
Bancorp NA, New York, NY/K2 Intelligence
Conducted Lookback transaction monitoring investigations for Bancorp N.A. prepaid card operations. Some of my responsibilities consisted of:
Performed EDD reviews and report findings in EDD investigative reports.
Ensured alerts, investigations and performed enhanced due diligence reviews are properly documented and are in compliance with existing policies and BSA regulations.
Analyzed transactions, account histories, and other bank data pertaining to suspicious account activity.
Analyzed client information, KYC documentation and any negative news to determine potential risk to the firm.
Cleared alerts and prepared complex written case reports and submitted reports to bank AML management and SAR Team when required.
Protected the organization from potential regulatory and reputational sanctions regarding compliance standards.
AML Transaction Surveillance Analyst
September 2015-December 18, 2015
Rabobank, Rosedale, CA/AgreeYa Solutions
Conducted AML transaction surveillance investigations for Rabobank's domestic retail banking operations. Some of my responsibilities consist of:
Performed anti-money laundering surveillance monitoring for Retail Banking relationships maintained by the Bank, through the running, data extraction, analysis and review of alerts generated via the Bank’s operating systems.
Accomplished surveillance by analyzing alerted data activity for potential money laundering, terrorism financing, sanctions/OFAC violations, tax evasion, and other suspicious activities.
Analyzed client information, KYC documentation and any negative news to determine potential risk to the firm.
Utilized the Firms various database systems to evaluate current and prior activity for alerted transacting parties, to determine if there were any transactions indicative of suspicious activity.
Determined the source of funds and analyzed if the activity made sense for the parties involved through the running of pivot table and further scrutinization of the involved parties, jurisdictions, amounts, dates and frequency of the transactions involved.
Performed background research on entities and individuals to rule out any sanctions violations by utilizing databases such as Lexis/Nexis, WorldCheck, Dun and Bradstreet, and the Internet.
Prepared written EDD reports explaining transactions, parties involved and identifiable source of funds, and raised Request for Information or Referral for Investigation (RFI's) when alerting entities proved questionable, a sanctioned person or nation was identified or transaction amounts deviated from purported business activities, and subsequently wrote up reports for the Suspicious Activity Report (SARs) Team when required.
AML Transactional Surveillance Analyst
October 2014-August 2015
Standard Chartered Bank
Parsipphany, NJ/New York, NY/PWC-IPSA International
Conducted Lookback transaction investigations for Standard Chartered Bank’s correspondent banking operations. Some of my responsibilities consist of:
Performed anti-money laundering surveillance and monitoring for Correspondence Banking relationships maintained by the Bank, through the running, data extraction, analysis and review of alerts generated via the Detica/Norkom operating system.
Accomplished surveillance by analyzing alerted data activity for potential money laundering, terrorism financing, sanctions/OFAC violations, tax evasion, and other suspicious activities.
Utilized the Firms various systems Detica/Norkom, Accuity, WorldCheck and Lexis/Nexis to evaluate current and prior activity for alerted transacting parties, to determine if there were any transactions indicative of suspicious activity.
Determined the source of funds and analyzed if the activity made sense for the parties involved through the running of pivot table and further scrutinization of the involved parties, jurisdictions, amounts, dates and frequency of the transactions involved.
Pqerformed background research on entities and individuals to rule out any sanctions violations by utilizing databases such as Lexis/Nexis, WorldCheck, Factiva, Cosima, Dun and Bradstreet, Accuity and the Internet.
Prepared detailed written EDD reports explaining transactions, parties involved and identifiable source of funds, and raised Request for Information or Referral for Investigation (RFI's) when alerting entities proved questionable, a sanctioned person or nation was identified or transaction amounts deviated from purported business activities, and subsequently sent reports to Suspicious Activity Report (SARs) Team when required.
AML Compliance Director
January 2007-September 2014
Ocala Poker & Jai Alai, Ocala, FL
Oversaw AML/KYC Compliance for Ocala Poker and Jai Alai in Ocala, FL. Some of my AML, KYC and CDD related responsibilities are listed below:
Train staff involved in AML/KYC activities
Responsible for AML record keeping and AML/KYC controls
Responsible for CDD/EDD investigations on customers
Responsible for employee Fraud investigations and conflict resolutions
Responsible for SAR/CTR reporting and compliance with BSA
AML Compliance Director
January 1992-June 2008
Group III Capital, Inc, New York
Served as President and was responsible for the overall management of the company including all AML Compliance. Some of my AML/KYC related job responsibilities included:
Responsible for all operations, management, accounting, regulatory and legal functions
Responsible for all Fraud, CIP/KYC, SEC, SOX, AML, BSA compliance
Performed Enhanced Due Diligence on all debt, equity and M&A transactions
Worked with attorneys and CPA’s in preparation of all SEC reports
Researched, identified and qualified new investments for risks and operational issues
Litigation Consultant/Forensic Investigator
1980 - 1992
New York, NY
Worked as a contract forensic investigative consultant for several noted criminal defense attorneys on high profile individuals, including:
John Gotti-head of the Gambino crime family
Anthony Salerno-head of the Genovese crime family
Michael Franzese-capo of the Colombo crime family
Marat Balagula-head of Russian organized crime in USA
Michael Milken-Drexel Burnham Lambert-Wall Street investment bank
Michael Gordon-CEO of Bumble and Bumble-Estee Lauder
Some of the job functions performed as a litigation consultant:
Conducted investigations of individuals and corporations charged with civil and criminal violations of Fraud, Money Laundering, BSA, RICO and related financial crimes
Conducted comprehensive review and analysis of discovery material
Complied with Grand Jury Subpoenas and prepared defense Subpoenas for bank records
Analyzed complex bank records from various financial institutions and business entities
Reviewed and analyzed SAR/CTR reports and DOJ prosecution reports
Interviewed witnesses and gathered documents relating to Fraud, Money Laundering, BSA and Patriot Act violations
Special Agent
Internal Revenue Service
Criminal Investigation Division
November 1971-November 1979
New York, NY
Special Agent assigned to the U. S. Department of Justice-Organized Crime Strike Force in Brooklyn, NY:
Investigate complex cases involving violations of Fraud, Money Laundering, BSA and RICO.
Analyzed complex financial records from financial institutions
Interviewed witnesses to gather evidence of Fraud, Money Laundering and BSA crimes
Wrote comprehensive prosecution reports to US Attorney and Department of Justice
Testified in federal courts and grand juries in Fraud, Money Laundering and Tax cases
Staff Accountant/Auditor
May 1970-November 1971
Lexington, NC
Staff accountant/auditor for a CPA firm auditing Municipalities, Banks, Trusts, Public Entities and Investment Funds regarding their compliance with various governmental agencies regulations, including AML and BSA compliance.
PROFESSIONAL CERTIFICATIONS AND ASSOCIATIONS
Association of Former Special Agents of the IRS
AMLP-Anti-Money Laundering Professional Certificate
Banking Administration Institute, December 2007
EDUCATION
Barton College, BS Accounting and Economics
May 1970
U.S. Treasury Law Enforcement Training Center, Washington, DC
July 1972
MILITARY SERVICE
U.S. Army
Honorable Discharge
Contact this candidate