ALLISON BUCHANAN
Arlington,TX
Summary
Detail-oriented professional with 4 years in various investigation and research analyst positions. Strong analytical aptitude of customer due diligence process and methodology to identify patterns and trends to communicate risks to management. Successful managing multiple competing priorities and deadlines. Completed extensive due diligence investigations using public and private databases in accordance with Anti-Money Laundering, BSA and other regulatory standards to prevent risks.
Overview
5
5
years of professional experience
Work History
KYC Analyst
CITIBANK (CONTRACT)
03.2022 - Current
- Identified potential risks and red flags through comprehensive customer risk assessments, mitigating potential financial losses.
- Reviewed new prospect KYC documents to meet requirements and determine business model risk.
- Ensured compliance with regulatory requirements by conducting thorough customer due diligence checks.
- Supported KYC processes for prospective and existing customers.
- Prevented account closures or penalties with prompt resolution of outstanding KYC issues for high-risk clients.
- Conducted KYC formality reports on questionable accounts and transactions.
- Determined customer risk ratings based on analysis and research findings.
- Managed high volume of client data, maintaining strict confidentiality and adhering to internal policies for information handling.
- Educated staff on anti-money laundering and financial crimes to escalate concerns to senior members of PSR team.
AML Analyst
WaFD BANK
08.2020 - 03.2022
- Analyzed large datasets using various analytical techniques to identify patterns indicative of potential money laundering activities.
- Collaborated with cross-functional teams to address complex issues arising from financial crimes investigations.
- Successfully collaborated with internal audit teams during examinations, providing necessary information regarding company''s AML program and related procedures.
- Conducted due diligence investigations to mitigate potential risks associated with high-risk customers.
- Patriot Act, Bank Secrecy Act, AML, OFAC, and other AML regulatory policies.
- Prepare and file Suspicious Activity Report (SAR) for escalated activity.
- Partnered with fraud manager to research and investigate cases.
AML Fraud Analyst
Prosperity Bank
02.2019 - 03.2020
- Tracked fraud cases and monitored trends to develop strategies for prevention.
- Conducted research and interviews with relevant stakeholders to gather evidence and build case files.
- Evaluated effectiveness of current fraud prevention measures, recommending enhancements as necessary based on findings from thorough risk assessments.
- Assisted law enforcement agencies with information pertaining to ongoing investigations, contributing to successful case closures.
- Identified emerging fraud trends by conducting regular market research and staying updated on industry best practices.
- Analyzed large amounts of data to find patterns of fraud and anomalies.
- Developed and implemented procedures to detect and prevent fraud.
- Contacted customers directly to notify of fraudulent activity and minimize impacts.
Skills
- Anti-Money Laundering
- Policy Adherence
- Proficient in SQL
- High risk account reviews
- Know Your Customer
- Account verification
- Customer Identification
- Excel proficiency
- Transaction monitoring
- Information Verification
Technical Skills
Actimize, LexisNexis, Word Check, World base, Microsoft 365, Excel, Power Point
Timeline
KYC Analyst
CITIBANK (CONTRACT)
03.2022 - Current
AML Analyst
WaFD BANK
08.2020 - 03.2022
AML Fraud Analyst
Prosperity Bank
02.2019 - 03.2020