Compliance Manager Risk Management

OLANIRAN ONI

*************@*****.*** • 404-***-**** • Lithonia, GA • https://www.linkedin.com/in/olaniranaoni

SUMMARY

Dynamic and results-driven Compliance Manager with 10+ years of extensive experience in regulatory compliance, risk management, and product review/control operations. Certified Fraud Examiner (CFE), CRCMP & ACCA-certified professionals with a proven ability to identify and mitigate risks, develop compliance programs, and lead cross-functional teams to achieve organizational goals. Expertise in aligning processes with statutory and regulatory guidelines, fostering positive compliance cultures, and leveraging analytical tools like Oracle FCCM, Chainanalysis to optimize business performance.

EXPERIENCE

Oralab Inc, Compliance Manager/AML Analyst

Jan 2024 - Present

Conducted due diligence by reviewing third-party and internal databases, streamlining processes to increase the accuracy of suspicious activity identification.

Serve as the primary point of contact for the Global Financial Crimes unit and other stakeholders during the referral process for regulatory reporting requirements

Perform Third Party Risk Management assessments for new and existing third-party vendors with reviews done weekly.

Partners with Fraud Strategy to tackle recurring fraud patterns and supports the development and implementation of decisions and actions arising from fraud investigations.

Collaborate with internal and external clients and act as a liaison in a professional manner with internal business units

Respond to third-party risk questionnaires from banking partners and support internal teams handling compliance-related inquiries.

Evaluate vendor programs across key domains such as information security, business continuity, AML, and financial crimes controls

Document and present review findings in a clear and concise manner for effective communication with relevant stakeholder.

Support the enhancement and maintenance of the TPRM program by Improving processes, workflows, and reporting methods, Developing and maintaining internal playbooks, templates, and response guides, Proposing and documenting updates to TPRM policies and procedures and Tracking ongoing reviews and contributing to program maturity efforts.

Designed and implemented a risk-based Customer Identification Program (CIP), leading to a 25% reduction in flagged accounts during audits and strengthening regulatory compliance.

Identify and Ensure compliance with applicable regulations (e.g., FFIEC, OCC, SOX, etc.) and internal policies related to risk and operational controls.

Collaborate with the Product Team and Program Managers to organize reviews into agile sprints, managing a variable volume of questionnaires daily

Performed background checks and transactional analyses using tools like oracle FCCM to improving investigative accuracy and decision-making.

Prepare detailed testing documentation, including risk and control matrices, test scripts, findings, and action plans.

Deliver periodic updates and reports to senior management, highlighting control testing outcomes, identified risks, and mitigation status

First Bank Nig. LTD, TEAM LEAD, PRODUCT REVIEW & ANALYSIS

Dec 2021 - Jan 2024

Developed risk assessment programs, enhancing third-party risk detection and mitigating exposure to financial crimes.

Conducted quality assurance reviews on transaction monitoring reports, achieving 99% accuracy and ensuring compliance with regulatory and client standards.

Proactively monitored cryptocurrency transactions, identifying suspicious activities and potential fraud; helped reduce false positives by 20% through improved alert tuning and case prioritization

Drafted Suspicious Activity Reports (SARs) with clear, concise narratives, contributing to a 95% SAR acceptance rate by regulatory bodies.

Maintained regulatory compliance by staying abreast of evolving laws and industry standards (e.g., BSA, FATF, OFAC), contributing to a 100% audit pass rate.

Analyzed complex transaction patterns, generating actionable reports that led to the detection of 30+ high-risk accounts and improved client risk profiling.

Led investigations into flagged transactions, coordinating with internal teams to resolve cases within 48 hours on average and mitigate financial and reputational risks.

Spearheaded compliance strategies for new product offerings, improving regulatory compliance by 25% and aligning with corporate objectives.

Perform compliance training need assessment of the bank covering Management, Board, staff and vendors on relevant regulatory and/or business requirements including code of conducts, Anti-Bribery and Corruption and AML/CFT.

Develop and coordinate an effective system for effective management and response to regulatory enquiries.

Conduct periodic branch visitation to ascertain adherence to AML/KYC procedure.

Participate in the development and update of the compliance monitoring plan.

Identify and Ensure compliance with applicable regulations and internal policies related to risk and operational controls.

Monitor adherence to established risk thresholds and escalate breaches to appropriate stakeholders

Performed background checks and transactional analyses using tools like oracle FCCM to improving investigative accuracy and decision-making

Serve as the subject matter expert (SME) for the assigned portfolios and provide guidance on risk and control-related matters

Led an innovation team that launched 15+ business improvement initiatives, driving operational efficiencies and reducing time-to- market.

Established robust controls for live environments, reducing error rates by 20% through collaboration with internal stakeholders.

Conducted comprehensive compliance reviews for operational procedures, ensuring 100% adherence to regulatory standards.

First Bank, COMPLIANCE MONITORING & RISK REGULATORY OFFICER

Jun 2018 - Dec 2021

Monitored and updated regulatory reports, achieving a 95% on-time delivery rate to authorities.

Conducted compliance training programs for 1,500+ staff, vendors, and stakeholders, improving awareness and adherence to standards.

Developed an intelligence-led analysis framework to identify regulatory changes, reducing compliance risks.

Established compliance risk monitoring methodologies, decreasing regulatory violations by 15%.

Designed response systems for regulatory inquiries, achieving a 98% resolution rate within deadlines.

Promoting positive compliance culture in business ollffices.

First Bank, BRANCH AREA COMPLIANCE OFFICER

Feb 2015 - Jun 2018

Conducted compliance risk assessments and implemented remediation plans, improving compliance scores by 40%. Organized KYC/AML/CFT training for 300+ staff, ensuring uniform compliance practices across branches.

Reviewed high-risk transactions, resolving anomalies with a 90% accuracy rate and reducing potential risks. Enhanced compliance monitoring calendars, decreasing audit findings by 20%.

Fostered a positive compliance culture, increasing employee engagement in compliance initiatives by 35%.

First Bank, IT CONTROL & ACCESS PROVISIONING

Jul 2009 - Feb 2015

Ensured adherence to logical access controls and information security policies, reducing security breaches by 25%. Managed user administration processes, achieving a 98% compliance rate with service benchmarks.

Streamlined outsourced user functions, improving service delivery times by 30%. Addressed unresolved inspection issues, decreasing outstanding findings by 40%.

Produced accurate compliance reports, enhancing oversight of critical security matters and supporting decision-making.

EDUCATION

University of Lagos

Postgraduate Diploma • Economics

University of Agriculture - Abeokuta

B.Sc. • Environmental Management & Toxicology

SKILLS

Leadership • Adaptability • Communication • Microsoft Excel (Advanced) • Anti-Money Laundering (AML) • Audit oversight • Regulatory examinations • Investigative skills • Enterprise risk management • Good attention to details

Contact this candidate