Amarachi Nwanali
Summary
Experienced professional Credit Management and AML Analyst with a strong background and in-depth knowledge of analyzing and assessing credit risk, accounting principles, taxation policies, and government financial regulations. Comprehensive understanding of credit scoring models, financial analysis, anti-money laundering procedures & laws, Risk management principles, AML laws, and regulations, such as the US Patriot Act, OFAC, BSA, CDD, and KYC.
Overview
6
6
years of professional experience
Work History
AML Financial Crime Risk Investigator II
TD Bank
06.2023 - Current
- Prepared and delivered AML, Sanctions/ABAC & Financial Crime and/or fraud detection/loss prevention training or updates to Bank Employees or other agencies as assigned
- Conducted investigative analysis by collecting, assessing, and collating case file information for AML, Sanctions/ABAC & Financial Crime investigations
- Conducted data analysis, manipulation and interpretation, looking for patterns and anomalies
- Initiated investigations and/or responded to emerging AML and Sanctions/ABAC risks
- Consistently exercised discretion in managing correspondence, information, and all matters of confidentiality; escalates issues where appropriate
- Maintained appropriate project records, databases, and information; reported to management and others on project status and updates
- Conducted reporting and/or meaningful analysis at the functional or enterprise level using results to draw conclusions, made recommendations, as well as assessed the effectiveness of programs/policies/practices
- Supported the team by continuously enhancing knowledge/expertise in own area and participates in knowledge transfer within the team and business unit
- Contributed to the success of the team by willingly assisting others in the completion and performance of work activities; provided training, coaching and/or guidance as appropriate.
WCM Credit Management (CMT) Sr. Analyst
Citi
12.2022 - 06.2023
- Ensure compliance with all laws and regulations as well as Citi's Policies and Product Programs impacting Business
- Manage and contribute to the creation of processes, standards, procedures, controls, training, and implementation of functions across LPTM and CMT
- Work closely with Business Risk & Control team to provide business feedback for MCA results
- Capture Credit, Regulatory & Policy driven data attributes in the credit system
- Work with the banking team to ensure loan parties are KYC compliant prior to authorizing the facility
- Verify credit memo information and data captured in the credit system for absolute consistency and rectify any credit data quality issue identified
- Oversee the CA and facility creation in the credit system and ensure compliance with client regulatory information prior to the facility authorization
- Institute and ensure the effectiveness of controls and processes to meet internal policies and regulatory requirements/expectations
- Constructively contribute to new and existing policy and regulatory requirements across Global Wealth Management work streams
- Participate in projects and provide valuable input with various working groups created to enhance performance and efficiency.
Transaction Monitoring Analyst
Barclays
12.2021 - 06.2022
- Implement KYC, AML, and other due diligence Procedures on the respondent institution in correspondent banking transactions by relying on FATF guidelines
- Conduct name and account research based on lists and reports provided through established resources to determine if any activities of money laundering exist
- Access transactions and customer relationships for money laundering activities, identifying red flag issues and escalating within AML framework for further investigation
- Collect and examine financial statements and documents to assist in identifying unusual/suspicious transaction patterns
- Identify and Write Suspicious Activity Reports
- Provide detailed dispositions with the use of MS Office (Excel Pivot Table, Microsoft Word) Daily monitoring and coordination of BSA/AML compliance program due to strong knowledge of the organization's business model and risk tolerance
- Carry out analysis and full investigatory casework in support of investigations; prepare necessary reports and information for relevant Financial Intelligence Units, law enforcement organizations, MOU partners, or sport's governing bodies.
AML/KYC Analyst
Bank Of Texas
07.2019 - 12.2021
- Prepared high-risk reviews with results and recommendations for customer onboarding, closure, and retention
- Analyzed and investigated clients to conduct detailed customer due diligence and enhanced due diligence review
- Interpreted evidence from multiple tools and systems to determine legitimacy of customer behavior
- Determined customer risk ratings based on analysis and research findings
- Conducted enhanced due diligence (EDD) on existing clients per business CIP policies and USA Patriot Act for International clients and sensitive domestic clients such as PEPs or those associated with high-risk industries or countries
- Presented results of financial analyses to clients verbally and in written form.
AML/KYC Analyst
US Bank
11.2018 - 06.2019
- Conducted KYC formality reports on questionable accounts and transactions
- Performed periodic reviews and reports on merchants to comply with rules, regulations, and KYC requirements
- Conducted thorough reviews for high-risk clients based on stratified risk level guidelines
- Identified threats, vulnerabilities, and suspicious behavior patterns to recommend mitigation measures
- Exceeded goals through effective task prioritization and great work ethic
- Learned new skills and applied to daily tasks to improve efficiency and productivity.
Education
Bachelor of Science Statistics -
Olabisi Onabanjo University Nigeria
Skills
- Highly proficient in the use of Lexis Nexis, SAS, SQL, Actimize, Oracle and Microsoft Office
- Advanced knowledge and understanding of Fair lending regulations (ECOA, HMDA), and of applicable CIP/KYC rules and regulations within the US
- Maintains professional knowledge of techniques and developments in the field of portfolio analysis and industry knowledge and awareness
- Knowledge of Loan Products and a good understanding of Credit Memo and Familiarity with loan documentation structure
- Proven ability to collaborate with team members and senior management both within the lines of business and across multiple stakeholders
- Highly developed analytical and decision-making capabilities including the ability to identify, escalate, and propose and execute solutions to complex problems
- Experience working with loan underwriters
- Strong influencing skills and ability to work in an environment where priorities are frequently changing
Timeline
AML Financial Crime Risk Investigator II
TD Bank
06.2023 - Current
WCM Credit Management (CMT) Sr. Analyst
Citi
12.2022 - 06.2023
Transaction Monitoring Analyst
Barclays
12.2021 - 06.2022
AML/KYC Analyst
Bank Of Texas
07.2019 - 12.2021
AML/KYC Analyst
US Bank
11.2018 - 06.2019
Bachelor of Science Statistics -
Olabisi Onabanjo University Nigeria