AML Investigator
Resume:
BRUCE HICKS
West Milford ,N.J. 07480
**********@*****.***
SUMMARY AND TECHNICAL SKILLS
Extensive AML compliance experience, having worked on KYC Remediation, Global Client Onboarding and Transaction Look -Back projects that require skills to review client’s files to ensure that all KYC and AML documents and information are complete and accuracy. AML Analyst experience includes the following:
• Knowledge of Anti-Money Laundering Laws and Regulations.
• Assisted in identifying BSA/AML/OFAC compliance risk and ensures that proper controls, procedures, processes and training are in place to mitigate these risks.
• Manage risk-based monitoring for unusual activity, including: detection, investigation, suspicious reporting to law enforcement agencies, documenting the file with supporting documents, deciding either to close the account or continue monitoring.
• Assisted in facilitating BSA/AML/OFAC regulatory examinations for assigned units/bank(s); responds to any deficiencies noted and ensures that corrective actions implemented.
• Manage suspicious activity monitoring and SAR and CTR reporting, identification and risk rating of higher risk customers, and OFAC screenings for assigned bank(s).
• Approving of all new clients through due diligence procedures including the review of KYC documentation, public record research and AML procedures
• Conduct full analysis/Investigations on all types of accounts from Low to High Risk countries for all group corresponding and retail banks including; Wire Transfers, Book Transfers, CHIPS Payments ,CTR,ACH, customer account statements, deposit record and check copies on a daily basis
• Investigation of potential sanctions, DNDBW List and PEP hits on underlying clients generated from automated alert software.
• Develop and provide training relating to money laundering / financial crime prevention within IDB Bank and maintain accurate records of such.
• Knowledge of AML and CIP procedures and functions including documentation reviews, data review and preparing spreadsheets for internal/external audits.
• Knowledge of Chinese Wall Crossing policies and procedures, maintenance of watch and restricted lists.
• Knowledge of FATF, FINCEN and NCCT.
• Knowledge of Bank Secrecy Act, USA Patriot Act, OFAC, SAR, Investment Advisors Act of 1940, Securities Act of 1933 & 1934 ,ISDA Master Agreement, legal research techniques and basic civil procedures.
• Knowledge of Norkom, PCM, Concordance, Documartix, Edgar, Factiva, CaseMap, Lexis, Westlaw, Keycite, Pacer, World Check, World Compliance, Check For Risk, Bridger, Digital Harbor, Dun & Bradstreet, RDC, Google, Bloomberg, Guide Star, Bankers Almanac, AIM, Image Silo.
• Knowledge of Word, Excel, Access, Outlook, PowerPoint, Lotus Notes and Publisher.
• Excellent investigative, research and analytical skills.
• Excellent communication and interpersonal skills.
PROFESSIONAL EXPERIENCE
HSBC USA New York, NY
AML Investigator Consultant (January 2011-February 2012)
• Review alerts generated by the PCM and Norkom transaction monitoring system and provide second tier approval for investigative escalation of cases meriting further review
• Responsible for conducting full analysis/Investigations on all types of accounts from Low to High Risk countries for all group corresponding and retail banks including; Wire Transfers, Book Transfers, CHIPS Payments ,CTR,ACH, customer account statements, deposit records and check copies on a daily basis
• Reviews wire transfers for correspondent clients to ensure compliance with the U.S. Treasury , Department's Office of Foreign Assets Control and Anti Money Laundering.
• Prepare investigative case review summaries analyzing transaction activity occurring in high and medium-risk accounts maintained by the Bank
• Collaborate with the transaction monitoring team members regarding suspicious activities according to firm policy and ensure all documentation is followed up on and recorded properly
• Analyze high risk wire transaction activity and provided final approval of investigative case analyses utilized for SAR preparation and filingInvestigated individual and corporate financial activities suggestive of possible anti-money laundering.
• Conduct due diligence inquiries on individuals, firms and organizations suspected of money laundering crimes and terrorist financing crimes, utilizing research and analysis of public records, commercial databases, global media sources and the internet
• Completes pre-assigned tasks and specific projects such as reviewing all high and medium risk transactions for a specific customer
• Documenting investigations and its results, and providing initial recommendations and dispositions with supporting reasons
• Responsible for all alerts from beginning to end of the review, which may include presenting the recommendation to the SAR Committee and preparing SARs, while ensuring that the entire process is handled in a timely manner
JPMorgan Chase New York, NY
AML/KYC Consultant (July 2010-December 2010)
• Review client account requests for completeness and quality within the workflow account opening system.
• Perform AML/KYC due diligence on a range of institutional clients types with different legal structures, in both Europe and Asia jurisdictions, to support businesses across various product groups including Asset Management, Private Equities ,Pension and Hedge Funds.
• Review publicly available sources for information pertaining to client due diligence.
• Assist in Operations projects pertaining to the area of Account Opening and to ensure proper due diligence is completed to mitigate AML risk.
• Communicate effectively with the business units regarding KYC documentation required and clarification of structure and content of the request.
• Maintain effective relationships with Compliance, Credit, Senior Management and other Back & Middle Office areas.
• Liaising with the business units to approach clients to gather KYC documents.
• Responsible for Global Custody account set up and onboarding in a high quality and timely manner.
• Responsible for account opening document validation of Mutual Funds, Financial Institutions, Pension Funds, Hedge Funds, Private Equity and Insurance clients.
• Conduct review of existing clients within the database to ensure that their documentation is kept up-to-date.
• Support Sales and Relationship Managers with client account opening...
• Assist in resolution of technical and data issues manual creation of KYC records in the SKYC system to populate shell records for Sales/RM review, approval and completion.
RBS/ABN AMRO Jersey City, NJ
AML/KYC Consultant (October 2009-July 2010)
• Perform AML and KYC checks on new and existing institutional clients.
• Review client documents and ensure conformity to KYC and AML standards.
• Liaising with Sales, Business and Compliance to ensure a smooth on-boarding process.
• Knowledge of the SEC,FINRA and National Futures Association rules and regulations regarding investment companies and responsible for routine and special research of the broker-dealer and registered investment advisor.
• Ensuring all regulatory requirements are met and the integrity of relevant documentation.
• Onboard clients in a timely and professional manner.
• Conduct enhanced due diligence for high risk clients using World Check, OFAC, Lexis/Nexis, RDC, and other third party internet related searches.
• Review potential OFAC, World Check and RDC alerts.
• Ensure that risk control and compliance policies are adhered to.
• Operate with high levels of client satisfaction in relation to any on-boarding queries/issues.
• Grant approvals upon fulfillment of documentation requirements.
HSBC PRIVATE BANKING New York, NY
AML/KYC Consultant (September 2008- February. 2009)
• Ensure that all required KYC information and documentation for new and existing customer is complete and accurate.
• Conduct enhanced due diligence for high risk clients using World Compliance, OFAC, Lexis/Nexis, Check For Risk, Bridger and other internet related searches.
• Review potential OFAC and World Compliance alerts.
• Escalate high risk negative information in accordance with bank policies.
• Reviewed exception reports designed to detect and prevent money-laundering activities in institutional accounts.
• Write comprehensive EDD summary.
• Assist with monitoring of OFAC and 314(a) searches.
• Identified Beneficial Owners of Investment Advisor accounts.
• Review and research suspect items and/or transactions and report suspicious activity as required.
ISRAEL DISCOUNT BANK New York, NY
AML/KYC Consultant (March 2008- September 2008)
• Record KYC documentation on departmental database and monitor the progress of pending documentation.
• Escalate high risk negative information in accordance with bank policies.
• Assist the sales team in account opening process and outlining the necessary details to complete KYC profiles (i.e. Source of Wealth questions, documentation requirement.
HSBC SECURITIES INC New York, NY
AML/KYC Consultant (January 2007- February 2008)
• Assist the sales team in account opening process and outlining the necessary details to complete KYC profiles (i.e. Source of Wealth questions, documentation requirement).
• Analyze various corporate documents (Partnership Agreement, Certificate of Incorporation, Corporate Resolution, Trading Authorization, etc).
• Record KYC documentation on departmental database and monitor the progress of pending documentation.
• Responsible for quality assurance as it relates to compliance/AML functions including documentation reviews, data review and preparing spreadsheets for internal/external audits.
• Conduct enhanced due diligence for high risk clients using WorldCheck, OFAC, Lexis/Nexis, Complinet and other internet related searches.
• Escalate high risk negative information in accordance with bank policies.
• Evaluate investigations conducted by GSA team to ensure AML/KYC Enhanced Due Diligence reviews were comprehensive and in compliance with Bank’s AML policy and standards.
• Obtain and review completed Foreign Bank Certifications for all Foreign Banks having business dealings with HSBC.
• Knowledge of current Anti Money Laundering legislation as well as the USA Patriot ACT, BSA, OFAC and FINCEN regulations.
BANK OF NEW YORK New York, NY
AML/KYC Consultant (August 2006- December 2006)
• Performed risk analysis on moderate to high-risk individuals and entities to ensure compliance with the Bank Secrecy Act and USA Patriot Act.
• Reviewed exception reports designed to detect and prevent money-laundering activities in institutional accounts.
• Investigated individual and corporate financial activities suggestive of possible anti-money laundering.
• Investigated potential clients, utilizing research and analysis of public records, commercial databases, global media sources and the internet.
• Monitor the media for negative information on current or potential client and other information related to money laundering.
• Assisted sales team in outlining the necessary details to complete KYC profiles and EDD.
• Prepared and maintain hard/soft KYC/CIP documentation files.
• Composed Suspicious Activity Reports.
• Conducted follow-up with account officer for missing or necessary documentation.
• Conducted KYC Remediation and Transactional Look-Back.
• Reviewed incoming BCP for completeness and accuracy.
• Conducted OFAC, DNDBW, World Check and other internet searches for key senior managers and stockholders.
CITIGROUP New York, NY
AML/KYC Consultant (January 2006- August 2006)
• Reviewed KYC profiles to comply with Citigroup Private Bank KYC policies, including legal documents and photo ID`s.
• Assured all KYC/AML documentation complies with the law of relevant jurisdiction as well as Citigroup policies.
• Performed enhanced research and investigation of persons and entities in support of Citigroup businesses.
• Escalated high-risk negative information in accordance with Citigroup policies.
SECURITIES AND EXCHANGE COMMISSION Atlanta, GA
Paralegal (December 2004 August 2005)
• Knowledge of the SEC, FINRA, NASD and National Futures Association rules and regulations regarding investment companies and responsible for routine and special research of the broker-dealer and registered investment advisor.
• Extensive research utilizing Westlaw, Lexis and regulatory internet sites.
• Conducted and assisted in efforts to ensure that the company’s activities conformed to securities regulatory requirements.
• Worked on complex assignments by exercising independent judgment and initiative in resolving problems and making recommendations to determine appropriate methods and procedures.
• Reviewed contracts and agreements.
DAVIS POLK & WARDWELL New York, NY
Litigation Clerk (March 2001 August 2004)
• Reviewed and compiled documents for large complex production.
• Organized and prepared chronologies, indexes and privilege logs.
• Conducted legal and factual research for discovery.
• Maintained case calendar, court papers and database.
• Digested and summarized depositions.
• Coordinated with attorneys to review experts’ reports and evaluate their relevance to the case.
• Provided case management during trial preparation and at trial site.
MILBANK & TWEED New York, NY
Paralegal (September 2000 February 2001)
• Reviewed, compiled and prepared documents in response to Motion to Produce.
• Checked cites on Lexis for specific facts involving case being researched.
• Assisted attorney in preparing trial notebook.
• Organized trial exhibits.
• Assisted attorney at closings.
• Checked signatures on closing documents.
Litigation Paralegal for various large law firms in areas such as Product Liability, Intellectual Property, Civil Litigation, Securities and Bankruptcy
SPECIAL COUNSEL NY & NJ, New York, NY
(August 1998 August 2000)
• Supervised personnel, such as document clerks and junior paralegals assigned to specific projects for pending litigation and monitor the progress of the project.
• Organized, reviewed and summarized plaintiff’s responses to discovery requests along with all documents received from outside sources.
• Prepared analysis and charts evidencing product exposure, alert attorneys to any statute of limitations defenses.
• Prepared summary of factual information for attorneys use to evaluate settlement value of case or to prepare for deposition or trial.
• Researched and compiled information pertaining to national and international intellectual property rights.
• Prepared status summary reports for attorneys and clients.
• Maintained docket system of due dates for actions, including responses, renewals and opposition.
• Performed on-line searches of Patent and Trademark Office records, industry databases and general research.
EDUCATION
Bachelor of Science in Liberal Arts/Criminal Justice JOHN JAY COLLEGE OF CRIMINAL JUSTICE, New York, NY.
ABA Approved - Paralegal Studies BARUCH COLLEGE, New York, NY
Master’s Degree in Public Administration JOHN JAY COLLEGE OF CRIMINAL JUSTICE, New York, NY anticipate 2012
AML Compliance Continuing Education (Citigroup, HSBC, Israel Discount Bank and RBS/ABN-AMRO 2006-2009)
“Preparing for the Series 7 and CAMS”.
Contact this candidate