Anti-Money Laundering Bsa Analyst

BABATUNDE ADEMOLA AKINBOBOLA

Denver, CO ***** 720-***-****) ************@*****.***

Professional Summary

Goal oriented AML/FRAUD/BSA analyst with 5years of working experience in the financial industry. I specialize in Anti-Money Laundering, BSA (Bank Secrecy Act), SAR drafting, Fraud investigation, Ongoing transaction monitoring, KYC (Know Your Customer), Negative news dispositioning, PEP screening, Adverse news feed screening, and Case management. Dedicated compliance professional with a proven record of detecting and preventing fraud. Ready to contribute to the company’s success through hard work, attention to detail and multi-tasking skills.

Skills

Compliance strength

Team player

Investigation

Due diligence

Operation support

Information verification

Risk Management

Interpersonal skills

MS Office

Analytical

Multitasking Abilities

SAR drafting

Work History

AML/BSA Analyst 04/2023 to Current

Wells Fargo Bank – Bakersfield, CA

Investigates suspicious activity as required by Bank Secrecy Act and US Patriot Act.

Monitor automated monitoring system to identify suspicious or unusual transactions including cash, wires, Zelle, ACH, POS, and ATM transactions.

Performs detailed analysis on Suspicious Activity Reports (SAR) while using FINCEN (Financial Crimes Enforcement Network) database to detect patterns, and trends.

Make the decision to file SAR (Suspicious Activity Report) when risk cannot be mitigated.

Identifies the client, its beneficial owners, Politically Exposed Persons (PEP) if any.

Review alerts at a high volume using Looker, Salesforce, RDC, to determine if true match to suspected money launderers, drug dealers or terrorist.

Complete USA Patriot Act 314(a) information requests.

Recommend new software tools and enhancements to improve fraud detection.

Stays abreast of financial crimes, risk trends, relevant regulations, and compliance standards.

Have a clear understanding of the US Patriot Act and BSA (Bank Secrecy Act).

Carry out analysis of potential risks and sources of vulnerability and apply risk mitigation measures.

Communicate with compliance manager to thwart potential money laundering or terrorist financing.

Prioritize and organize tasks to efficiently accomplish service goals by developing solutions and meeting deadlines.

AML/FRAUD Analyst 04/2020 to 03/2023

Chase Bank – Belair, MD

Reviewed documentation to prevent fraud, money laundering and identify theft losses.

Escalated unusual activity to the Financial Intelligence Unit (FIU) and assisted with escalating potential risks.

Analyzed and investigated complex fraud cases including ATO (Account Take Over), dispute fraud, and elder abuse, using tools such as RDC, Unit21, Looker, Zendesk.

Conducted KYC formality reports on questionable accounts and transactions.

Identified threats, vulnerabilities, and suspicious behavior patterns to recommend mitigation measures.

Analyzed and manipulated data to identify fraudulent trends to help the fraud operations department in creating fraud prevention strategies.

Worked independently with minimal supervision, as well as contributed to a team environment.

Managed risks by adhering to compliance routines, processes, and controls to protect client and shareholder interests.

Conducted objective, thorough, and timely investigations into allegations of fraud.

Monitored and reviewed cases triggered by multiple transaction monitoring systems and acted on the account based on investigations conducted.

Education

MBA: Accounting Jun 2005

Imo State University, Owerri Imo-State, Nigeria

BSc: Accounting Jun 2002 Obafemi Awolowo University Ile-Ife, Osun State, Nigeria

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