Senior Analyst Transaction Monitoring

MOHAMED TAREK SHAHATA

203-***-**** ********@**.***

Qualifications:

Extensive knowledge of laws and regulations relating to money laundering including the Bank Secrecy Act, PATRIOT Act, KYC, EDD, OFAC, SAR and CTR. Strong Transaction monitoring, Compliance Testing, QA and QC supports, Bilingual in English, Spanish and Arabic.

Software Knowledge LexisNexis, World Compliance, Check for Risk, KYC 360, Fortent, Sonar, Mantas, Actimize (SAM), Prime, Fiserv, HotScan, Factiva and Lexdia ACAMS Member. CAMS (Pending)

Education History:

University of Phoenix, AZ PHOENIX, AZ.USA University of Phoenix, AZ PHOENIX, AZ.USA

MBA, 05/2010 (Anticipated Graduation 05/2026)

3/1/2008 - 5/1/2010 Master (Courses Only)

University Of Alexandria, Egypt

BA Business Administration (1986-1990)

EXPERIENCE

BD Consulting Group LLC (Merrill Lynch)

06/2024 - 05/2025

QA Senior Analyst

• Mentor QA Analysts and perform testing for multiple ML teams in a collaborative environment.

• Create comprehensive test plans and test cases.

• Reviewed requirements and early designs to provide concise and meaningful feedback.

• Coordinated, trained, and provided feedback to QA Analysts across multiple offices.

• Reviewed test plans created by other QA Analysts

• Performed and lead QA Contractors in many different types of manual testing.

• Participated in advancing testing and troubleshooting tools.

• Collaborated with Product Support to communicate advanced knowledge of upcoming changes to advisors, specialists and technical writers.

Select Solutions Group, LLC (IBM/Morgan Stanley.

03/202*-**-****

Team Lead KYC/EDD Team

• Managed team of ten analyst, two QC/QA Analyst

• Ensured that the firm and its employees conduct business in accordance with federal and state laws and rules and regulations, including the rules and regulations of the Securities and Exchange Commission, The Federal Reserve Bank, the Commodity Futures Trading Commission, FINRA, and other governmental agencies, self-regulatory organizations and internal policies and industry best practices.

• Identified key risks in the current client lifecycle management process and recommend strategies to for future state design to mitigate AML risks while operationalizing efficiency levers and reduce account opening lead times

• Provided Subject Matter Expertise on potential key risks identified during the EDD review process (e.g., SOW corroboration, negative news/adverse media screening, collection of required UBO/partner documentation, customer activity reviews, client risk rating, etc.)

TEKSYSTEM (Bank of America)12/06/2021- 02/03/2023

QC/QA Senior Analyst

• Maintained proactive communication with Senior Management including periodic updates on engagement progress and identified or potential issues. Currently lead and guide customer facing business areas with implementing successful best practices for fraud loss prevention strategies, including identifying any improvement opportunities where fraud has potential to be present.

• Consistently partner with business areas to design and implement new processes and/or procedures to prevent and detect fraudulent acts.

• Identified fraud patterns and anomalies through analysis of large quantities of data, assess risk associated with weak fraud controls and implement technology to close gaps,

• Developed the process for investigation and reporting internal and external fraud incidents and input information regarding fraud investigations into detailed reports for submission to clients.

• Documented and reported on key risks and recommended mitigation strategies.

• Recognized, documented and assessed key risks, control environments, and applicable regulations.

• Compiled and submitted regular reports to update senior management on operations and progress.

MBO PROFESSIONAL SERVICES INC (KPMG, New York)

02/23/2021-11/19/2021

Senior Analyst.

• Reviewed transaction monitoring alerts in line with prescribed procedures.

• Created and maintained accurate and concise records of all investigations undertaken including details on the rationale for any decisions made.

• Assisted with the preparation of departmental Management information reports.

• Investigated the individual alerts to determine if there is a potential suspicious transaction involved and followed the recommended standard investigation steps.

• Assessed the transaction in the context of previous transactions and the client’s business/purpose of the account – if necessary, AML Right Source, New York) 07/13/2020-9/25/2020

Senior Compliance Analyst (FinTech Client)

Solomon Page (Signature Bank New York)10/14/2019-05/22/2020 KYC/EDD QA Remediation Senior Analyst

Solomon Page (Federal Reserve Bank of New York)10/2019-01/2020 Compliance and KYC/EDD Risk Analyst, (Consultant)

Infinity Consulting Solutions (City National Bank of New Jersey) 07/08/2019 – 09/27/2019 Jonuz and Andersen Consulting, LLC (Mashreq Bank)

06/25/2018 – 02/22/2019 KYC/EDD QC Remediation Analyst QC TM Analyst

Pyramid Consulting Group LLC (Bank of Tokyo / MUFG Union Bank) 12/11/2017 - 03/232018

OFAC Sanctions Compliance (Money Transfer Department Risk Management Unit), QA Consultant

International Market Recruiters, Inc (UBS)

07/2015 - 08/2017 KYC EDD Project Manager - Money Laundering Prevention Group, Consultant

International Market Recruiters, Inc.( Barclays)

12/2014 - 04/2015 Global Financial Crimes Monitoring, AVP Project Manager JPMORGAN CHASE 05/2013 - 09/2014

AVP, Global Financial Crimes Compliance - Senior Compliance Officer. Wells Fargo Company, Greenacres, FL 12/2009- 12/2011 Service Manager (Operations and Compliance)

KEY BANK, New York NY12/2007- 5/2009

Assistant Manager (Operation and Compliance)

WACHOVIA BANK, Yonkers, NY 3/2006 - 10/2007

Financial Specialist (AVP)

HSBC BANK, NY, NY2/2005 - 2/2006

Operation Manager Compliance (AVP)

CITIBANK, Long Island City,NY 4/1998 - 2/2004

Client Financial Analyst

Software: LexisNexis, World Compliance, Check for Risk, KYC 360, Fortent, Sonar, Mantas, Actimize (SAM, WOLF),Prime, Fircosoft, Hotsacn SAS and Lexdia

ACAMS Member. CAMS (Pending)

Language: English, Spanish and Arabic.

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