Ahmad Muzahem
Milwaukee,USA
Summary
Have +10 years of banking experience including 2 years of consulting. Have +7 years of experience in AML. Have hands on FCM (Financial Crime Mitigation) System. Have good knowledge of T24 core banking customizations. Have hands on and experience in AA lending, Deposit, Account. Good team player and capable of working individually with less supervision.
Overview
11
11
years of professional experience
Work History
Accountant & Tax Officer
HH Tax Services Office
Milwaukee, WI
09.2024 - Current
- Preparing tax return, Collecting and tracking tax forms, preparing returns, and ensuring they are filed accurately and on time
- Helping clients implement accounting standards and navigating situations
- Organizing financial records, managing client information requests, and maintaining confidentiality
Head of Anti-Money Laundering Department
Safa Bank
08.2019 - 08.2024
- Reporting suspicious cases to the FFU (Palestinian monetary authorities) and directing a response to the FFU Queries
- Reporting responses related to any money laundering cases for the internally concerned parties
- Preparing the AML & CTF internal policies and procedures and confirming consistencies with the local and international standards making necessary continuous updates for AML &CTF policies and procedures and approve any updates from BOD
- Build and develop the risk matrix based on the risk–based approach by software monitoring system (FCM – TEMENOS)
- Spreading the AML & CTF awareness internally in the bank
- Preparing and implementation of training programs related to AML program/polices and procedures
- Developing an internal control to enhance the local environment to comply with the local and international standards regarding AML & CTF laws
- Monitoring daily financial transactions and check its compliance with AML & CTF laws
- Review system generated alerts, assess impact to AML process, conduct research as required, and document results in written format
- Manages and monitors (OFAC, EU, UN) screenings to determine potential OFAC matches
- Classified bank customers in accordance to their risk value, and monitoring risk categories daily
- Preparing necessary reports & quarterly reports related to AML and CTF to the Committee of BOD
- Preparing necessary case studies, analysis of any AML, and other suspected cases for the concerned parties
- Archiving the abnormal and suspicious financial transactions cases
- Making any necessary coordination with internal top officials to make sure that the internal employees are complying with KYC
- Evaluate and analyzing suspicious cases/reports received from different internal directorates, and taking the next steps to handle cases when/if necessary
- Monitoring internal compliance of AML & CTF laws
- Review the reports issued by the internal banking system related to AML & CTF and acting as necessary
Anti-Money Laundering Officer
Safa Bank
08.2017 - 07.2019
- Review system generated alerts, assess impact to AML process, conduct research as required, and document results in written format
- Evaluate and monitor transactional activity to identify potential suspicious activity
- Verify client identities and assess their relationships with bank foe KYC purposes
- Assists bank staff with AML related questions or research
- Assists in the preparation and update of the AML policies and procedures
- Assists in the implementation of training programs related to AML
- Assists in the development of the bank forms, procedures to maintain compliance with AML regulations
- Assists in the administration of AML software monitoring system
System Business Support Officer – T24 Core Banking System
The National Bank (TNB)
01.2017 - 07.2017
- Expertise with TEMENOS T24 Core banking solution
- Development and Production Support on various core applications customer, Account, Limit, Collateral, Loans and deposit, Past Dues, Retail Accounts, Arrangement Architecture
- Create and development new products on T24 System
Functional Consultant - T24 Core Banking System
Integrated solutions company
11.2015 - 12.2016
- Implementation, and training clients on T24 R15 (AA products, Collateral, Limits, AC Account, Customer, Teller, and Fund Transfer)
Internal Auditor
Bank Of Jordan
01.2014 - 10.2015
- Based on the risk-based auditing regulations using care web auditing program
- Participate in preparing the yearly annual audit plan in the department to ensure auditing of all department and branches with the needed quality
- Perform field visits to all departments and branches of the bank to review and audit the work of these departments according to the general agreed audit plan
- Review random samples from the work files to ensure compliance of the branches and departments with regulations and instructions PMA
Education
Bachelor of Accounting - Banking & Finance, Marketing
AL Quds University
Jerusalem01.2013
Personalcompetences
- Communication Skills
- Leadership
- Working with teams
- Flexibility
- Reliability and trustworthiness
- Results oriented
- Learning/ Development
- Using search engines efficiently
Note
Certificates are available upon request.
Personal Information
- Date of Birth: 03/24/91
- Nationality: Jordanian, LPRS – USA
Languages
- Arabic, Mother Language
- English, Excellent with written, Good with Spoken
Educationandtraining
B.A Major in Banking & Finance and Minor in Marketing, AL Quds University, Jerusalem, 2013, High School Diploma, Ramallah Secondary School, Ramallah, Palestine, 2009, ACAMS (Certified Anti-Money Laundering Specialist CAMS), Association of certified Anti-Money Laundering Specialists, California, USA, 11/31/21, Palestine Anti – Money Laundering Accreditation (PAMLA), Palestine institute for financial & banking studies, Ramallah, 11/20/17 - 03/20/18, T2ITB – R14, Induction Business, T3TLI – R14, Limit, T3TCO – R14, Collateral, T3AAC – R14, AA Core, T3TAAD – R14, AA Deposit, T3TAAR – R14, Retail Account, T3TPD – R14, Past Due
Professionalprojects
- Implementation of FCM module, Safa Bank, Safa Bank, 01/01/23 to 06/30/23, Palestine, FCM Business Support, Participating in all phases of the project lifecycle, including requirements gathering, solution design, configuration, testing, and implementation of FCM module., Configurating FCM modules, including Screening Module: Ensure that scenarios and associated test scripts to be performed to ensure that the functional requirements of the Model Bank are met., Ensure Upload All Sanctions Lists (Public Lists & Private Lists) on FCM from World Check Website., Define the Scan engine and what events to be screening., Define the score of Sensitivity of alerts for Screening Module., Profiling Module: Build rules & Scenarios for Unusual financial transactions and behavior customers., Build Profile Parameters such as Transactions Codes, Segments Code, Industry Codes, Countries Classifications., Configure evaluation workflow (4 – eyes, 8 eyes) for Profile & Screening module., KC+ (Know Customer Plus) Module: Define risk classification – the rules used to categorize customers into risk categories., Build the Risk Matrix configuration based on risk factors.
- T24 R13 Implementation Project, The National Bank, The National Bank, 01/01/17 to 07/31/17, Palestine, T24 AA Consultant, Development and Production Support on various core applications customer, Account, Limit, Collateral, Loans and deposit, Past Dues, Retail Accounts, Arrangement Architecture., Create and develop new products on T24 AA module., Assisting in the planning, writing of test cases and test run execution., Fix the issues related to AA Module and raise tickets to temenos team.
Timeline
Accountant & Tax Officer
HH Tax Services Office
09.2024 - Current
Head of Anti-Money Laundering Department
Safa Bank
08.2019 - 08.2024
Anti-Money Laundering Officer
Safa Bank
08.2017 - 07.2019
System Business Support Officer – T24 Core Banking System
The National Bank (TNB)
01.2017 - 07.2017
Functional Consultant - T24 Core Banking System
Integrated solutions company
11.2015 - 12.2016
Internal Auditor
Bank Of Jordan
01.2014 - 10.2015
Bachelor of Accounting - Banking & Finance, Marketing
AL Quds University