Abisola David
Summary
Dynamic AML/Fraud Investigations Analyst with over 3 years proven track record, enhancing compliance and fraud detection through analytical thinking and meticulous attention to detail. Spearheaded initiatives reducing false positives and improving KYC processes, demonstrating exceptional problem-solving skills and a commitment to regulatory excellence and a results-oriented Analyst skillful in SAR writing.
Overview
16
16
years of professional experience
1
1
Certification
Work History
AML/ Fraud Investigations Analyst
PNC Bank
03.2022 - Current
- Responsible for continuous improvement of AML Investigations team by sharing best practices and lessons learned from completed cases.
- Responsible for conducting comprehensive AML investigations, resulting in the identification of suspicious activity and timely submission of SARs.
- Monitoring of illicit activity/suspicious activity relating to anti-money laundry using SAS in compliant with AML related regulations.
- Review AML cases involving cash structuring (requiring CTR filing), rapid movement of funds, unusual activities such as cash (BSA/CTR threshold in excess of $10,000, international and domestic wire, monetary instruments (checks, money order, cashier's check), ACH, etc
- Reduce false positives in transaction monitoring by refining alert thresholds and parameters.
- Draft and file Suspicious Activity Reports (SARs) consistent with FinCEN requirements
- Conducts root cause analysis on identified gaps in the AML program, leading to targeted process improvements that increased overall effectiveness.
- Monitor suspicious transactions financial and report same suspicious activity to authorities.
KYC /CDD/EDD Analyst
PNC Bank
01.2021 - 02.2022
- Enhanced client onboarding process by streamlining KYC procedures and reducing turnaround time.
- Identified potential risks and red flags through comprehensive customer risk assessments, mitigating potential financial losses.
- Performed quality assurance checks on completed customer files, ensuring accuracy and completeness before submission for review or approval.
- Provided training to new team members on KYC procedures, resulting in increased productivity and effectiveness.
- Conducted KYC formality reports on questionable accounts and transactions.
- Conducted thorough reviews for high-risk clients based on stratified risk level guidelines.
- Supported KYC processes for prospective and existing customers.
Transaction Monitoring Analyst
Access Bank Plc
02.2012 - 12.2020
- Responded to system-generated alerts and evaluate the necessity for escalation.
- Investigated potential red flags and recommend appropriate actions.
- Collaborated with fraud prevention teams to address identified risks.
- Supported compliance team in meeting regulatory requirements by conducting thorough investigations on flagged transactions.
- Contributed to risk assessments by providing insights from transaction monitoring activities, helping the organization stay ahead of potential threats.
- Ensured timely resolution of alerts by maintaining an organized case management system and prioritizing high-risk cases.
- Identified opportunities for process improvements within the transaction monitoring workflow, resulting in increased efficiency without compromising quality or compliance standards.
- Served as a subject matter expert within the organization for all matters related to transaction monitoring, providing guidance and support to colleagues as needed.
- Reduced false positive alerts through regular tuning of transaction monitoring scenarios and thresholds.
- Demonstrated commitment to continuous learning by attending relevant training sessions, webinars, and industry conferences to stay informed of emerging trends and best practices in transaction monitoring.
Customer Care Representative
Intercontinental Bank Plc
03.2011 - 01.2012
- Built rapport with customers through active listening and empathetic responses, fostering positive relationships.
- Developed effective time management strategies to efficiently handle multiple tasks simultaneously without compromising quality.
- Assisted call-in customers with questions and orders.
- Maintained high level of product knowledge to provide accurate information and support to customers.
- Conducted follow-up calls to ensure complete resolution of customer concerns and verify satisfaction levels.
- Managed high call volume with exceptional professionalism and efficiency.
Retail Banking Intern
Intercontinental Bank Plc
08.2008 - 12.2010
- Facilitated timely completion of loan applications by gathering required documentation from applicants promptly and accurately.
- Assisted customers in navigating online banking platforms for seamless digital access to their accounts and services.
- Participated in marketing campaigns aimed at increasing new account openings, contributing to overall deposit growth for the branch.
- Increased referral rates by effectively promoting bank products and services tailored to individual customer needs.
Education
MBA - Financial Management
Ladoke Akintola University of Technology
Bachelor of Science - Economics
University of Ado
Skills
- Microsoft Suite
- Compliance Analysis
- Alert Monitoring
- LexisNexis
- Attention to Detail
- SAR /AML Investigation
- Regulatory / Industry knowledge
- Transaction monitoring
- Fraud prevention & Detection
- Problem Solving
- Actimize, SAS
- Alert Monitoring
Certification
Anti-Money Laundering (AML) and Financial Crime
Timeline
AML/ Fraud Investigations Analyst
PNC Bank
03.2022 - Current
KYC /CDD/EDD Analyst
PNC Bank
01.2021 - 02.2022
Transaction Monitoring Analyst
Access Bank Plc
02.2012 - 12.2020
Customer Care Representative
Intercontinental Bank Plc
03.2011 - 01.2012
Retail Banking Intern
Intercontinental Bank Plc
08.2008 - 12.2010
MBA - Financial Management
Ladoke Akintola University of Technology
Bachelor of Science - Economics
University of Ado