Quality Control Anti-Money Laundering
Resume:
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Hyattsville, *****
Maryland, United States
**********@*****.***
EDUCATION AND
OLASUNKANMI BELLO
SUMMARY
AML/Fraud Analyst with expertise in customer account reviews, implementing robust detection procedures, and analyzing large datasets. Collaborative team player, liaising with law enforcement and conducting risk assessments for regulatory compliance. Proven in designing and implementing automated monitoring systems and preparing SARs. Recognized for training programs, staying updated on industry trends, and presenting findings to senior management. Proficient in audits, enhancing system capabilities, and conducting in-depth investigations. Skilled in alert triage, documentation, Project Management and utilizing data visualization tools. Committed to continuous improvement, leveraging advanced technology for effective AML strategies, and ensuring compliance with evolving standards.
SKILLS
• Regulatory Compliance
• Familiarity with AML Software
and Tools
• Case Documentation
• Project Management
• Alert Triage
• Enhanced Due Diligence (EDD)
• Risk Assessment
• Transaction Monitoring
• Suspicious Activity Reporting
(SAR)
• Advisory Role
• Transaction Pattern Analysis
• Internal Reporting
EXPERIENCE
AML/BSA ANALYST
Capital One Baltimore, United States March 2023 - Current
• Conducted thorough transaction monitoring using various tools and systems to detect suspicious activities and potential instances of fraud.
• Reviewed and analyzed customer transactions, accounts, and activities to ensure compliance with AML/CFT regulations and internal policies.
• Conducted enhanced due diligence (EDD) on high-risk customers and performed KYC/KYB assessments to verify identities and assess potential risks.
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• Prepared and filed Suspicious Activity Reports (SARs) with regulatory authorities in a timely and accurate manner, documenting findings and recommendations.
• Collaborated with law enforcement agencies, as needed, to provide information and support for investigations into financial crimes.
• Provided training and guidance to colleagues on AML/Fraud detection techniques, regulatory requirements, and best practices.
• Conducted quality control reviews of colleagues' work to ensure accuracy, consistency, and adherence to established standard.
• Implemented and optimized transaction monitoring rules and scenarios within monitoring systems to enhance detection capabilities and reduce false positives.
• Conducted in-depth investigations into flagged transactions and accounts to identify root causes of suspicious activities and potential instances of fraud.
• Utilized data analysis techniques and advanced software tools to identify patterns, trends, and anomalies indicative of money laundering or other illicit activities.
• Developed and maintained comprehensive documentation of investigation findings, including case summaries, evidence logs, and mitigation recommendations.
AML/FRAUD ANALYST
KeyBank Hyattsville, United States April 2021 – February 2023
• Conducted thorough reviews of customer accounts to identify and investigate potential instances of money laundering and fraud.
• Developed and implemented robust AML and fraud detection procedures to enhance the overall risk management framework.
• Provided regular updates on project progress, ensuring stakeholders were informed and engaged throughout the project.
• Analyzed large datasets using advanced analytics tools to identify suspicious patterns and trends indicative of illicit activity.
• Ensured that project activities adhered to established policies and procedures.
• Worked closely with law enforcement agencies, providing timely and accurate information to support investigations.
• Prepared and submitted suspicious activity reports (SARs) to regulatory authorities in accordance with established guidelines.
• Conducted risk assessments on new and existing customers to determine the level of due diligence required.
• Collaborated with cross-functional teams to design and implement automated monitoring systems for real-time transaction surveillance.
• Conducted periodic reviews and updates of customer due diligence files to ensure compliance with regulatory requirements.
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• Utilized data visualization tools to present findings and trends to senior management and stakeholders.
• Participated in internal and external audits, ensuring compliance with AML and fraud prevention policies and procedures.
• Developed and executed project plans, defining objectives, timelines, and resource requirements for comprehensive AML/Fraud initiatives.
• Implemented transaction monitoring scenarios based on behavioral analysis and risk profiling.
• Coordinated cross-functional teams, ensuring effective collaboration and alignment with project objectives.
AML /BSA INVESTIGATIONS ANALYST
Huntington Bank Ohio, United States April 2019 - July 2021
• Conducted thorough reviews of financial transactions to identify suspicious activities or patterns that indicated money laundering or other illicit financial activities.
• Developed and implemented risk mitigation strategies specific to mortgage-related AML risks.
• Evaluated customer profiles and business relationships to assess potential risks related to money laundering, fraud, and other financial crimes.
• Communicated effectively with cross-functional teams, including mortgage departments, compliance officers, and risk management teams.
• Verified the accuracy of customer information and assessed the risk associated with mortgage transactions.
• Prepared and filed SARs in accordance with regulatory requirements and guidelines, documented findings, and provided clear and concise explanations to support suspicious activity reporting.
• Stayed up-to-date with AML/BSA laws and regulations to ensure compliance and made recommendations for adjustments to internal policies and procedures accordingly.
• Conducted thorough due diligence on mortgage applicants to ensure compliance with BSA and AML regulations.
• Created comprehensive investigation reports, maintained organized case files, and ensured all relevant details were documented for audit and regulatory purposes.
• Assessed and managed risks associated with mortgage lending activities, providing insights to senior management on potential areas of concern.
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• Collaborated with law enforcement agencies and provided necessary information and support during investigations related to financial crimes.
• Conducted in-depth due diligence on high-risk clients and transactions to assess potential risks and ensure compliance with regulatory requirements.
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• Utilized advanced analytical tools and technology to enhance the efficiency of investigative processes and improve the detection of suspicious activities.
• Contributed to the development and enhancement of AML/BSA policies and procedures, aligning them with regulatory changes and industry best practices.
• Provided training sessions to internal staff on AML/BSA policies, procedures, and best practices to enhance the overall awareness and compliance culture within the organization.
• Acted as a subject matter expert and provided guidance to colleagues and management on AML/BSA issues, trends, and best practices.
• Analyzed transaction patterns and customer behavior to identify anomalies or red flags that indicated potential money laundering activities.
• Generated comprehensive reports on AML/BSA project activities, presenting findings and recommendations to management for strategic decision-making.
• Collaborated with internal stakeholders, such as compliance officers and senior management, to report on AML/BSA program effectiveness and recommended improvements.
• Proactively sought opportunities for process improvement within AML/BSA projects, adapting strategies and procedures to mitigate evolving risks effectively.
• Conducted periodic reviews and quality assurance checks on investigative processes to ensure accuracy, consistency, and adherence to regulatory requirements.
CERTIFICATIONS
• Comptia + COMPTIA SECURUTY + 01/02/23
LANGUAGES
English:
Full Professional
PROFICIENCY
• Microsoft excel,
• Microsoft Power point
• Microsoft Word
• LexisNexis
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