Summary
Overview
Work History
Education
Skills
Timeline
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AKINLOLU BALOGUN

Midlothian

Summary

Detail-oriented AML/KYC Analyst with over six years of specialized experience in anti-money laundering compliance, fraud detection, and risk management. Expertise in conducting Enhanced Due Diligence (EDD), OFAC/sanctions reviews, and comprehensive risk assessments for high-risk clients. Proficient in drafting and reviewing Suspicious Activity Reports (SARs) while ensuring strict adherence to BSA/AML, OFAC, and global regulatory standards. Strong track record of identifying and mitigating financial crime risks, supporting audits with zero findings, and mentoring investigative teams to enhance accuracy and efficiency through cross-functional collaboration and process improvements.

Overview

8
8
years of professional experience

Work History

AML/KYC Analyst

Prosperity Bank
03.2021 - Current
  • - Conduct comprehensive KYC and Enhanced Due Diligence (EDD) reviews on high-risk clients, ensuring strict compliance with BSA/AML, OFAC, and sanctions regulations.
  • - Draft and file Suspicious Activity Reports (SARs) with a 98% FinCEN acceptance rate, strengthening the bank’s AML compliance posture.
  • - Perform transaction monitoring, identifying suspicious activity and mitigating exposure to financial crime and regulatory penalties.
  • - Conduct OFAC/sanctions reviews, PEP screening, and adverse media analysis, reducing false positives by 25% and improving alert efficiency.
  • - Collaborate with compliance officers and internal audit to prepare for regulatory exams, consistently achieving zero audit findings.
  • - Provide training and mentorship to junior analysts, improving SAR drafting quality and reducing rework by 40%.
  • - Partner with cross-functional business units to improve KYC data accuracy by 20%, ensuring more reliable client risk profiles.
  • - Lead process improvements and quality control reviews, enhancing investigative accuracy and operational efficiency.

AML/KYC Analyst

Amegy Bank
02.2018 - 03.2021
  • - Executed end-to-end KYC onboarding and periodic reviews for retail, commercial, and high-risk accounts, ensuring compliance with BSA/AML, OFAC, and FATF standards.
  • - Conducted Enhanced Due Diligence (EDD) for high-risk customers, including foreign entities, MSBs, and PEPs, reducing client onboarding risk exposure by 30%.
  • - Monitored customer transactions for suspicious activity, escalating cases through AML case management systems; contributed to numerous flagged transactions investigated.
  • - Drafted and submitted Suspicious Activity Reports (SARs) with clear, concise narratives that improved regulator acceptance and reduced follow-up inquiries by 20%.
  • - Performed OFAC/sanctions screening and adverse media reviews, identifying high-risk entities and preventing regulatory breaches.
  • - Partnered with compliance, risk, and legal teams during internal and external audits, contributing to successful exam outcomes with zero major findings.
  • - Delivered process improvement recommendations that streamlined case review procedures, cutting case handling time by 15%.
  • - Assisted in training new AML analysts, promoting consistency and strengthening investigative accuracy across the team.

Education

Bachelor of Science - Business Administration

Lead City University
Ibadan, Nigeria
06-2017

Skills

  • Enhanced due diligence
  • Financial crime prevention
  • Transaction monitoring
  • Customer due diligence
  • Bank secrecy act
  • Compliance reporting
  • Sanctions screening
  • Suspicious activity reports
  • AML investigations
  • Money laundering typologies
  • Due diligence
  • Know your customer procedures

Timeline

AML/KYC Analyst

Prosperity Bank
03.2021 - Current

AML/KYC Analyst

Amegy Bank
02.2018 - 03.2021

Bachelor of Science - Business Administration

Lead City University

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