Due Diligence Anti-Money Laundering

GRACE ARCHER

*************@*****.*** 443-***-**** Finnegan CT, Richmond Virginia 23228

Summary Responsibilities

I am an experienced AML/KYC Compliance Analyst with a strong understanding of regulatory requirements. My role involves proactively identifying and ensuring AML/KYC compliance. As an OPS Sr. Professional AML/KYC Refresh Analyst, BSA/Analyst, AML/KYC Due Diligence Analyst with over 7+ years of working experience in reviewing and updating Customer Due Diligence (CDD) records to ensure compliance with regulations and internal policies.

To ensure Negative news feed screening, SPF/ PEP screening, Enhanced Due Diligence, KYC (Know Your Customer), High-Risk review, Anti-Money Laundering and Terrorism financing. Proficient in reviewing and updating client information, including beneficial ownerships to ensure compliance with KYC

(Know Your Customer) requirements.

Responsible for conducting periodic Customer Due Diligence (CDD) reviews to ensure compliance with Anti-Money Laundering (AML) regulations and internal policies. Updating customer profiles, assessing risk levels, performing Enhanced Due Diligence (EDD) on high-risk clients, and identifying potential financial crime risks.

Knowledge of bank's operational policies, procedures, products, and services. Schedule work however Prioritize assigned tasks.

Under general supervision and guidance, responsibilities are varied and moderate to complex. Strong ability to identify and interpret data and resolve exceptions. Follows define procedures, policies and precedents. Assist the VP with Compliance regulatory, reporting obligations. Stay current with regulatory development, including guidance from FinCEN, OFAC and other relevant agencies. Refers unusual situations that require exceptions to Manager or Supervisor. Good knowledge of PC based software i.e, Word, Excel, etc. and applicable business line systems. Skills

●Ability to review and update client information,

including beneficial ownerships to ensure compliance with KYC (Know Your Customer) requirements.

●Banking Regulations

●Strong understanding of AML laws (e.g. BSA, USA

PATRIOT Act)

●Familiarity with local and global KYC regulations and sanctions regime (OFAC, EU, UN, HMT)

●Proficient in CDD, EDD, and ongoing monitoring for individuals and entities.

●Capable of accessing sources of wealth/funds of beneficial ownership.

●Transaction Monitoring and Risk Assessment

●Customer Due Diligence (CDD)

●Enhanced Due Diligence (EDD)

●Case Management

●Ensure Quality Assurance

●Prioritize Tasks

●Goals and Results Oriented

●Team Player

●Information Verification

●Analytical Skills

●Case Management

●Have Strong Organisation Skills

●Report Escalations

●Strong Analytical Abilities

●Excellent Communication

●Risk Management

●Attention to Details

●Attend Trainings

●Data Gathering

●Reviewing Existing and New Clients/Customer

Documents

●Record and Organize Information

●Data Collection and Entry

●Be Adaptable and Flexible

●Following Procedures and Policies

Experience

Bank of America

Richmond Virginia,

OPS Sr. PROFESSIONAL AML/KYC

REFRESH REMEDIATION ANALYST

11/2022-03/2025

●Ensuring that the business is compliant with all Bank polices and local requirements in the EMEA, APAC, USA, CANADA region etc.

●Successfully completed clients due diligence reviews for all kinds, eg, standard-risk, elevated-risk, and high-risk accounts.

●Gather and validate KYC documentation in accordance with regulatory standards.

●Periodically reviews and updates clients profiles to reflect on ongoing risk-based assessment.

●Stay updated with local and Global AML/KYC regulations.

●Reviewing existing clients documentation

●Conduct Enhanced Due Diligence (EDD) for high-risk clients, including Politically Exposed Person(PEP), NGOs, or those from high risk jurisdictions.

●Communicate findings clearly and effectively both in writing and in meetings.

●Continuously improve documentation and internal procedures.

●Maintain accurate and detailed records.

●Regularly participate in AML/KYC training sessions.

●Sharing knowledge with team members to process the improvement initiatives.

●Maintaining accurate documentation of findings and remediation actions.

●Regularly checking if client information like addresses, identification documents, beneficial ownership details are still current and accurate.

●Efficiently managing a volume of customer refreshes within tight deadlines.

●Reaching out to clients through the Primary COS to obtain any necessary updated information to complete the Refresh process.

●Updates client risk ratings based on new information and regulatory changes.

●Implementing enhanced due diligence measures when necessary.

●Reviewing clients data to identify high-risk profiles and SPF/PEP, negative news.

Eagle Bank Rockville, MD

AML / BSA ANALYST

06/2020-08/2022

●Following up on all outstanding cases and issues.

●Reaching out to COS to get all current and valid documents from the clients directly.

●Following procedures and Policies

●Solid knowledge of the Anti-Money Laundering (AML) KYC procedures and best practices.

●Ability to review and update client information, including beneficial ownerships to ensure compliance with KYC (Know Your Customer) requirements.

●Participating and updating AML policies and procedures in alignment with new regulatory changes.

●Work closely with KYC team

●Maintain detailed records of all existing and new clients.

●Ensuring that documentation requirements are met and up to date performing Refresh checks on existing and new customers/clients.

●Ensuring verification of all information supplied by existing customers/clients.

●Reviews documentation for new customers/clients.

●Monitoring of Customer/Identification Procedures.

●Ability to meticulously scrutinize clients data and documents to detect anomalies.

●To ensure the clients complies with policy evolving regulations

●Excellent attention to details

●Tools used- LexisNexis, Word- Check, AWARE, Global Documents System (GDS) Global Policy System (GPS) etc

●Regulatory compliance knowledge.

●Effective filing and archiving of all AML documentation in line with the regulations.

●Perform in-depth reviews of high-risk clients, including PEPs and client information sanctioned jurisdictions.

●Review source of funds/wealth, business, activities and supporting documents for complex clients.

●Conduct sanctions, PEP and Negative news screening at the ongoing stages.

●High level of accuracy when reviewing documentation or identifying discrepancies in customer files.

●Collect, verify and analyze KYC documentation for individuals and entities

●Conduct ID verification, UBO identification.

●Ensure all clients meet internal and external regulatory requirements.

●Transaction monitoring of international and domestic wires, POS, ACH and Monetary instruments.

●Monitoring high risk customers'activities and file SAR when necessary.

●Identify and mitigate the risks associated with new and existing customer transactions.

●Assisting senior managers as required.

●Possess a working knowledge of Bank Secrecy Act, Regulations and Anti-Money Laundering Laws.

●Conduct daily review of customer risk alerts in accordance with US Patriot Act and Bank Secrecy Act.

●Quality control case reviews of anti-money laundering escalations for global correspondent banks with operational footprints in high-risk jurisdictions.

●Maintaining a thorough comprehension of internal AML topologies relating to correspondent Banking clients.

SunTrust Bank Clinton, MD

AML/KYC Due Diligence Analyst

02/2018-04/2020

●Conduct due diligence searches in various third-party and internal database reviews and detect suspicious activities based on a variety of AML Systems generated transactional alerts from transactional activity.

●Perform background checks, customer research, transactional analysis using software/ databases such as Lexis-Nexis, World-check.

●Documented research findings to support risk-based decision-making and resolution to escalate fraud incidents.

●Initiate process enhancements to improve turnaround time of clients on-boarding experience and client service for management approval.

●Work in a team oriented and collaborative environment to endure overall unit goals and deadlines are met.

●Provide support for enhanced Due Diligence process followed on business classified as high risk prior to account opening and provide decisions accordingly.

●Escalate unusual activity to the Financial Intelligence Unit (FIU) and assist with escalating potential risks.

Education and Training

CAMS in view 2025

Business Leadership : 2009-2010

HOD-Training New Employees : 2009-2015

Bachelor in Education: Human Kinetics and Health Oct 2008 Leadership Training : 2007-2008

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