Due Diligence Anti-Money Laundering
Resume:
GRACE ARCHER
*************@*****.*** 443-***-**** Richmond Virginia 23228
Summary
OPS Sr. Professional AML Refresh Analyst/KYC Due Diligence Analyst with over 7+ years of working experience in reviewing and updating Client / Customer Due Diligence (CDD) records to ensure compliance with regulations and internal policies.
To ensure Negative news feed screening, SPF/ PEP screening, Enhanced Due Diligence, KYC (Know Your Customer), High-Risk review, Anti-Money Laundering and Terrorism financing.
Proficient in reviewing and updating client information, including beneficial ownerships to ensure compliance with KYC (Know Your Customer) requirements.
Responsible for conducting periodic Customer Due Diligence (CDD) reviews to ensure compliance with Anti-Money Laundering (AML) regulations and internal policies.
Updating customer profiles, assessing risk levels, performing Enhanced Due Diligence (EDD) on high-risk clients, and identifying potential financial crime risks.
Microsoft Word, Excel, Word.
Skills
●Ability to review and update client information, including beneficial ownerships to ensure compliance with KYC (Know Your Customer) requirements.
●Banking Regulations
●Transaction Monitoring and Risk Assessment
●Customer Due Diligence (CDD)
●Enhanced Due Diligence (EDD)
●Case Management
●Risk Management
●Attention to Details
●Attend Trainings
●Data Gathering
●Reviewing Existing and New Clients/Customer Documents
●Record and Organize Information
●Data Collection and Entry
●Be Adaptable and Flexible
●Following Procedures and Policies
●Ensure Quality Assurance
●Prioritize Tasks
●Goals and Results Oriented
●Team Player
●Information Verification
●Analytical Skills
●Case Management
●Have Strong Organisation Skills
●Report Escalations
●Strong Analytical Abilities
●Excellent Communication
Experience
Bank of America
Richmond Virginia,
OPS Sr. PROFESSIONAL AML/KYC REFRESH REMEDIATION ANALYST
01/2022
Present
Eagle Bank Rockville, MD
AML / BSA ANALYST
●Ensuring that the business is compliant with all Bank polices and local requirements in the EMEA, APAC, USA, CANADA region etc.
●Successfully completed clients due diligence reviews for all kinds, eg, standard-risk, elevated-risk, and high-risk accounts.
●Reviewing existing clients documentation
●Perform Enhanced Due Diligence (EDD) for high-risk clients.
●Maintaining accurate documentation of findings and remediation actions.
●Regularly checking if client information like addresses, identification documents, beneficial ownership details are still current and accurate.
●Efficiently managing a volume of customer refreshes within tight deadlines.
●Reaching out to clients through the Primary COS to obtain any necessary updated information to complete the Refresh process.
●Updates client risk ratings based on new information and regulatory changes.
●Implementing enhanced due diligence measures when necessary.
●Reviewing clients data to identify high-risk profiles and SPF/PEP, negative news.
●Following up on all outstanding cases and issues.
●Reaching out to COS to get all current and valid documents from the clients directly.
●Following procedures and Policies
●Solid knowledge of the Anti-Money Laundering (AML) KYC procedures and best practices.
●Ability to review and update client information, including beneficial ownerships to ensure compliance with KYC (Know Your Customer) requirements.
●Work closely with KYC team
●Maintain detailed records of all existing and new clients.
●Ensuring that documentation requirements are met and up to date performing Refresh checks on existing and new customers/clients.
●Ensuring verification of all information supplied by existing customers/clients.
●Reviews documentation for new customers/clients.
●Monitoring of Customer/Identification Procedures.
●Ability to meticulously scrutinize clients data and documents to detect anomalies.
●To ensure the clients complies with policy evolving regulations
●Excellent attention to details
●Tools used- LexisNexis, Word- Check, AWARE, Global Documents System (GDS) Global Policy System (GPS) etc
●Regulatory compliance knowledge.
●Effective filing and archiving of all AML documentation in line with the regulations.
●Transaction monitoring of international and domestic wires, POS, ACH and Monetary instruments.
●Monitoring high risk customers'activities and file SAR when necessary.
●Identify and mitigate the risks associated with new and existing customer transactions.
●Assisting senior managers as required.
●Possess a working knowledge of Bank Secrecy Act, Regulations and Anti-Money Laundering Laws.
●Conduct daily review of customer risk alerts in accordance with US Patriot Act and Bank Secrecy Act.
●Quality control case reviews of anti-money laundering escalations for global correspondent banks with operational footprints in high-risk jurisdictions.
●Maintaining a thorough comprehension of internal AML topologies relating to correspondent Banking clients.
SunTrust Bank Clinton, MD
AML/KYC Due Diligence Analyst
●Conduct due diligence searches in various third-party and internal database reviews and detect suspicious activities based on a variety of AML Systems generated transactional alerts from transactional activity.
●Perform background checks, customer research, transactional analysis using software/ databases such as Lexis-Nexis, World-check.
●Documented research findings to support risk-based decision-making and resolution to escalate fraud incidents.
●Initiate process enhancements to improve turnaround time of clients on-boarding experience and client service for management approval.
●Work in a team oriented and collaborative environment to endure overall unit goals and deadlines are met.
●Provide support for enhanced Due Diligence process followed on business classified as high risk prior to account opening and provide decisions accordingly.
●Escalate unusual activity to the Financial Intelligence Unit (FIU) and assist with escalating potential risks.
Education and Training
Bachelor of Education: Human Kinetics and Health Oct 2008
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