Fraud Detection Anti-Money Laundering

Vshatavia Glenn

(Local to Charlotte, NC and immediately available to start)

Summary:

Vshatavia comes with over a decade of experience in Anti-Money Laundering (AML) and financial crimes, specializing in fraud detection, investigation, and regulatory compliance.

Expertise in analyzing transactions, filing Suspicious Activity Reports (SARs), and using advanced fraud detection systems to mitigate risks.

Proven track record in collaborating with internal teams, law enforcement, and regulatory bodies to resolve complex fraud cases.

Skilled in leading investigations, risk assessments, audits, and training junior analysts on AML regulations and fraud prevention best practices.

Education:

North Carolina Central University – Durham, NC 2007

Criminal Justice

Skills:

Fraud Investigation

Risk Detection

Compliance

Financial Analysis

Data Analysis

Process Improvement

Client Confidentiality

Training

Documentation

Experience:

Credit Karma May 2021 – Sep 2024

Fraud Associate ii

Conducted AML (Anti-Money Laundering) reviews to analyze account activity, distinguishing between first-party and third-party fraud based on transaction and login activity.

Collected additional information from customers, and filed Suspicious Activity Reports (SAR) when necessary.

Analyzed transaction and login activity, closing accounts or requesting verification to resolve fraud incidents.

Investigated complex fraud cases, collaborating with law enforcement and regulatory bodies as needed.

Developed and documented fraud processes to reduce risks and enhance detection capabilities.

Utilized fraud detection software and analytics tools to proactively address fraud trends and mitigate risks.

Led investigations and created performance reports, providing insights for senior leadership and team training.

Responded to escalated fraud inquiries, ensuring high customer satisfaction and maintaining regulatory compliance.

Truist Sep 2015 – May 2021

Financial Crimes Case Analyst II

Utilized fraud detection systems and bank tools to review suspicious items and generate warning reports daily, following procedures to handle suspicious activity.

Maintained knowledge of regulations (e.g., Regulation E, BSA/AML, OFAC, FCRA) to ensure compliance in fraud investigations and reporting.

Made decisions impacting processes with financial, compliance, and legal implications, ensuring appropriate action is taken.

Escalated high-risk cases to BSA/AML, Corporate Investigations, and Legal teams for further review.

Prepared documentation for actions such as returning items, stopping payments, closing accounts, and completing Suspicious Incident Reports (SIRs).

Communicated with customers and branches about account changes due to suspicious activities.

Identified fraud trends and suggested improvements to fraud detection systems and procedures.

Collaborated with law enforcement and regulatory bodies to resolve investigations and provide required documentation.

Supported junior analysts by providing training on fraud detection and investigation techniques.

Participated in audits to ensure fraud prevention processes were effective and aligned with regulatory requirements.

Wells Fargo Sep 2014 – Sep 2015

Financial Crimes Specialist

Conducted time-sensitive and meticulous investigations into potential debit card fraud and suspicious financial activities, ensuring timely resolution of cases.

Built strong relationships with internal teams and strategic partners to ensure seamless coordination and information sharing across departments.

Established and maintained accurate and secure case files and records, ensuring compliance with client confidentiality and privacy regulations.

Provided input on emerging fraud trends and suggested process improvements to enhance fraud detection and prevention measures.

Monitored accounts for fraudulent activity using multiple Wells Fargo and Wachovia risk prevention systems, proactively identifying red flags.

Prepared financial spreadsheets and entered data into systems to capture and monitor loss information, enabling further analysis and reporting.

Assisted with the development of reports on fraud activity, providing insights for management and improving operational decision-making.

Collaborated with law enforcement and other financial institutions as needed to resolve complex cases and recover funds.

Coordinated with legal and compliance teams to ensure fraud detection processes met regulatory requirements and internal policies.

Conducted follow-up investigations on suspicious activities to ensure accurate reporting and timely resolution.

Assisted in training and mentoring new hires, providing guidance on fraud detection, financial crime policies, and best practices for case analysis.

Participated in team meetings to discuss case trends, share insights, and contribute to team strategies aimed at minimizing financial crime risks.

Supported the development and testing of new fraud prevention tools and systems to improve overall efficiency and effectiveness.

Contact this candidate