Due Diligence Senior Analyst

JAMMAL BABATUNDE

Mobile : 469-***-**** ; E-mail : ***************@*****.***

PROFILE

I have good knowledge of corporate structures and understanding of complex entities including Private Limited, Public listed companies, SPVs, Trusts, Partnership and Pension Funds. My roles have given me experienced of subject matter expert in KYC and sharing of best practices procedures in the compliance domain. I am a tenacious team worker that make a sound decision in solving the problems and very dynamic person who has great managerial talents, as well as extremely well-organized, efficient, professional, and results-oriented with strong interpersonal skills and thrive in a diversified and multicultural work environment. I have good understanding of US sanctions protocols and broad knowledge of relevant legislation and regulations such as OFAC, and BSA regulations, FATF and FATCA.

EMPLOYMENT HISTORY

Santander Bank (Jan. 2022 – Present

Senior Analyst, AML Compliance/Fraud Investigator

Identify and investigate fraud a of any financial activities such as check fraud, ACH transactions, Account Take Over, Elder Abuse, identity theft, internal and external transfers, corresponding banking transactions as well as any suspicious financial fraud activities going on customer bank account.

Conduct reviews on alerted activity to mitigate or escalate such activity. Such alert activities could be check deposits, ACH transactions, internal and external transfers, frequent deposit/withdrawal as local and international wire transfers.

Ensuring that our customers comply with all AML policies and regulations.

Give regulators and banking partners confidence – ‘tried & tested’ system with a clear audit trail of CFT monitoring and investigations.

Conducted suspicious activity monitoring and identify customers for potential AML risk factors such as money laundering terrorist financing activities and document findings from due diligence research.

Writing Suspicious Activity Reports (SAR) and high-risk customer investigations in Money Markets.

Performed due diligence searches on institutional clients and individuals using various databases, KYC Database, Google etc.

Analyzed and research relevant data and escalate or report relevant information to appropriate AML Financial Intelligent Unit.

Research negative news media outlet to determine if alerting customer has historically been involved in similar activity.

Compiled evidence and documentation in compliance with BSA/AML procedures and regulatory requirement.

Robinhood LLC (Contract) (From November 2019 – December 2021)

Transaction Monitoring/AML Analyst

Reviewing monthly and daily transactional alerts, client trading activities, clients file reviews, and conducted due diligence searches and metrics.

Conducting investigation on suspicious transactions involving trade activity, cryptocurrency, ACH Transfers and preparing SARs for review.

Writing and Filling New SARs, Supplementary SARs and Correctional SARs on clients with suspicious activities

Using Verafin as artificial intelligence and machine learning to analyze transactions across multiple channels and automatically analyze a customer's profile and historical behavior and cross- institutional AML analysis.

Liaising with the KYC team to perform Enhanced Due Diligence (EDD) for Negative media

Conducting ad hoc investigations, remediation, complex analysis and classification of transaction surveillance, in line with the bank’s risk methodology

Ensured deliverables were met through my knowledge of KYC/AML processes with the ability to work through delays

Provided subject matter expertise where needed, during my Due Diligence and Enhanced Due Diligence (EDD) process and escalated alerts where necessary.

Royal Bank of Canada (Contract) (July 2016 to October 2019)

KYC Remediation Analyst.

Identified and verified of Ultimate Beneficial Owners and Significant controller of an entity.

Assisted in the improvement and implementation of the business’s global KYC program, including customer identification, customer due diligence, enhanced due diligence, customer risk ranking, and periodic review.

Liaised with other stakeholders such as the Quality Control (QC) and Analysts Quality Assurance (QA) team for the KYC renewal process.

Reviewed of existing client data to ensure completeness against requirements arising from KYC/AML and regulatory contexts impacting the global banking (e.g. Dodd Frank, EMIR, & FATCA).

Carried out proper due diligence checks and information searches through internal and external sources (Regulatory websites, LexisNexis, World Check, Banker’s Almanac etc) in line with the internal standards for client and undertake additional reputational checks and diligences as at when necessary (depending on the risk level of file)

SKYE BANK (JULY 2012 – MARCH 2016)

Compliance Analyst

Wrote suspicious activity reports, addressing Currency Transaction Report (CTR) alerts, sanctions alerts, and other applicable AML processes in accordance with regulations and time limitations.

Handling issues as appropriate for advanced investigation and analysis

Reviewed of KYC documentation and performing special projects as needed.

Reviewed and detected transactional alerts from transactional activity (wire transfers, checks, security transactions, trade finance letters of credit, loans and cash letters)

Requested additional information by contacting various compliance or business personnel in the organization to determine if the unusual transactions warrants closure of the investigation or if further reporting is warranted.

Drafted and prepared Suspicious Activity Reports (SAR) after thorough investigations.

TRAINING

AML & Sanctions Compliance

Tax Transparency and Combating Tax Evasion

Anti-Money Laundering and Financial Crime

Anti-Bribery and Corruption Policy (CC-GEAB)

Identifying and Combatting Market Abuse

Sanctions and UHRC (Sanctions-UHRC)

FATCA Compliance and Common Reporting Standard (CRS)

Data Management

EDUCATION

Bsc. Economics. Obafemi Awolowo University.

Diploma in Accounting

AWS Cloud Practitioner

CAMS (Certified Anti-Money Laundering Specialist)

SKILLS AND SYSTEMS

Excellent Analytical & Research Skills

Communication and Reporting Skills

Control and Risk Management Skills

Transaction Monitoring Skills

Microsoft Office Suite (Excel, Access)

Suspicious Activity Reporting (SAR)

Strong prioritization and planning Skills.

Strong Project Management Skills

World check

LexisNexis

Goalkeeper and Salesforce

Oracle Enterprise Data Quality (OEDQ)

Payments Data and Transaction Tools

RDC

Actimize

SWIFT KYC Registry (“SKYCR”)

Verafin

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