Due Diligence Anti-Money Laundering
Resume:
OMOLANKE DEBORAH SHELLE
CONTACT
*****.******@*****.*** Montgomery, IL 60538
SUMMARY
Proactive AML/BSA/FRAUD analyst with 8 years of working experience in the financial industry. Versed in Anti-Money Laundering, Customer Due Diligence (CDD), (Ongoing transaction monitoring, KYC (Know Your Customer), Fraud investigation, SAR drafting, BSA (Bank Secrecy Act), PEP screening, Policy and Procedure development, Negative news dispositioning, Adverse news feed screening, and Case management. Dynamic compliance professional with proven record of success at risk management. Ready to contribute to the company’s success through hard work, attention to detail, and multi-tasking skills.
Experience
AML Analyst
Barclays Bank Whippany, NJ Oct 2023 - Current
Reviewing system generated alerts to assess presence of illicit activity that may require reporting based on AML/BSA requirements.
Conducted in-depth investigations into suspicious transactions in compliance with BSA/AML regulations, identifying patterns indicative of money laundering or other financial crimes.
Ensure customer Data is up to date and conduct a background check as part of the Customer Due Diligence (CDD) process.
Performed enhanced due diligence (EDD) on PEPs and high-risk clients to assess potential reputational and regulatory risks.
Prepared and filed high-quality Suspicious Activity Reports (SARs) to FINCEN in compliance with BSA/AML regulations and internal policies.
Executed CDD and EDD processes during client onboarding and periodic reviews to ensure compliance with KYC/AML policies.
Conducting research as required, documenting detailed results in written format and determining if further escalation is required.
Assessed the risk level of PEP customers and implemented appropriate controls in line with internal risk appetite and regulatory guidelines.
Identifying trends and report to management.
Monitored SAR timelines to ensure all reports were submitted to FinCEN within regulatory deadlines.
Complete follow-up reviews on activity that was previously reported as suspicious.
Review PEP and Sanction alerts for potential matches and conduct research as required.
Conducted thorough reviews of account activity to identify red flags and determine whether SAR filing thresholds were met.
Complete other applicable AML processes in accordance with regulations and time limitations.
Work about 4-5 simple Cash & P2P related CASES daily
Investigate investment and private banking cases that requires 2 Narratives ( OCC & SEC)
Conducted AML/BSA investigations and risk assessments using transaction monitoring tools and documented findings in Microsoft Word and Excel for regulatory and internal reporting.
AML/BSA Analyst
PNC Bank Baltimore, MD Jun 2021 – Sep 2023
Monitored automated monitoring system to identify suspicious or unusual transactions including cash, wires, POS, ATM transactions and POS.
Investigated suspicious activity as required under the BSA (Bank Secrecy Act) and US Patriot Act.
Compiled information and documents from various sources to draft SAR (Suspicious Activity Report).
Reviewed and detected suspicious activities based on a variety of AML Systems generated transactional alerts from transactional activity.
Drafted and filed well-documented Suspicious Activity Reports (SARs) in alignment with BSA/AML regulatory requirements and organizational compliance standards.
Conducted negative news screening and verified PEP match.
Maintained accurate and up-to-date records of PEP screenings, escalations, and risk assessments.
Prioritized and organized tasks to efficiently accomplish service goals by developing solutions and meeting deadlines.
Performed detailed analysis on Suspicious activity report while using FINCEN database to detect patterns, trend and new fraud schemes in transaction.
Reviewed alerts at high volume to determine true match to money launderers, drug dealers and terrorist using tools such as LexisNexis, RDC, Documentum, Business object, Actimize.
Stayed abreast of financial crimes trends, relevant regulations, and compliance standards.
Completed US Patriot act 314(a) information requests.
AML/FRAUD Analyst
World Remit Denver, CO Oct 2017 – May 2021
Recommended new software tools and enhancement to improve fraud, detection, prevention and reporting efforts.
Conducted detailed investigation on fraudulent activities such as ATO (Account take over, Dispute fraud, Elder abuse, Identity theft, Romance scam.
Advised management by collecting, analyzing, and summarizing data and trends.
Carried out analysis on potential risks and sources of vulnerability and applied risk mitigation measures.
Reviewed transactions that are suspicious and made determination to file SAR (Suspicious Activity Report) when risk cannot be mitigated.
Conducted investigation using tools such as Salesforce, Zendesk, LexisNexis, Documentum, World check, Unit21, Looker.
Review and detect suspicious activities based on a variety of AML Systems generated transactional alerts from transactional activity.
Skills
Banking regulations
Procedure review
Risk management
MS office
Time management
Investigation expert
SAR drafting
Due diligence
Microsoft Office suite
Information verification
Report writing
Team player
Operational support
Data documentation
Work ethics
Education
BSc: Economics- May 2012 Lagos State University, Lagos State, Nigeria
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