Summary
Overview
Work History
Education
Skills
Languages
Timeline
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Atif Mohammad

Deer Park,NY

Summary

Seasoned Compliance Officer with over 10 years of experience working collaboratively with top leaders and staff to optimize adherence to policies, procedures, standards and regulations. Well-versed in comprehensive analysis of operations, process improvement recommendations and best practice introduction.

Overview

11
11
years of professional experience

Work History

AVP Compliance Officer

Barclays Investment Bank
07.2017 - Current
  • Conduct BSA monitoring program which includes: exception monitoring, clearing, investigating and reporting in accordance with Barclay's BSA/AML policies and procedures
  • Investigate transactions and complete Suspicious Activity Reports (SARs) in adherence to FinCEN SAR guidelines when suspicious activity is detected
  • Monitor client transactions and account activity to ensure that BARCLAYS remains in compliance with BSA/AML regulatory requirements
  • Participate in all internal and external BSA/AML enterprise-wide audits and examinations, while ensuring no violations of law or repeat findings from previous audits or examinations occur
  • Provide direction to banking network and any Barclays affiliate, required by law to complete a SAR, by assisting with research and problem resolution
  • Responsible for process improvements, documentation, and merger/conversion activities in support of BSA/AML laws and regulations
  • Working knowledge of BSA/AML regulations, including, but not limited to, currency transaction reporting, money laundering and terrorist financing detection
  • Implemented improvement initiatives and developed compliance testing program to monitor and identify gaps in new and existing practices
  • Identified potential areas of compliance vulnerability and risk to develop and implement corrective action plans gathered, organized and evaluated data to make accurate assessments of current operations
  • Wrote and presented reports outlining findings and recommendations from compliance audits
  • Monitored compliance with processes, policies, procedures and standards in regards to collection and management of annual contributions from shareholder companies
  • Established and cultivated productive relationships with regulatory bodies
  • Played key role in development and launch of Salesforce, providing research and development of training requirements and securing approval for implementation

Compliance Officer

China Construction Bank
07.2016 - 07.2017
  • Conduct Business As Usual (BAU) investigations, researches on Correspondent Banking customers' by analyzes customers' account statements, cash, checks, ATM, ACH, and wire transfers that appears to be suspicious/usual patterns of activity by reviewing alerts generated by PRIME Monitoring system
  • Responsible for conducting analysis and producing documentation to support Bank's global Anti-Money Laundering Surveillance Optimization program
  • Conduct required due diligence on persons, accounts, or activities in accordance with AML regulations, including high-risk countries and entities, OFAC sanction entities, politically exposed people, watch-list entities and money services businesses
  • Determine level of suspicious activity and make escalations for Suspicious Activity Reports when required to file Suspicious Activity Reports (SARs)
  • Responsible for quality assurance (QA) as it relates to compliance/AML functions including documentation reviews, data review and preparing spreadsheets for internal/external audits
  • Work to standardize QA process (e.g., sampling) for all coverage areas
  • Conduct OFAC, PEP and World Compliance searches and compiled detail reports based on AML risk
  • Prepared spreadsheets for managerial review that assemble relevant information associated with account holders Conduced enhanced due diligence reviews on high-risk customers
  • Help with Anti-Money Laundering (AML) Compliance training on how to identify and report suspicious transactions
  • Liaised with risk management, internal audit and employee services departments to direct compliance issues to appropriate channels for investigation and resolution
  • Managed practical action plans to respond to audit discoveries and compliance violations
  • Gathered, organized and evaluated data to make accurate assessments of current operations
  • Enhanced regulatory, strategic and operational performance to keep in alignment with deadlines
  • Prepared training programs to improve compliance at all levels

Senior KYC Analyst

Citi
07.2014 - 07.2016
  • Adjusted end-to-end KYC process needs to align with workforce capabilities
  • Conducted KYC formality reports on questionable accounts and transactions
  • Supported KYC processes for prospective and existing customers
  • Interpreted evidence from multiple tools and systems to determine legitimacy of customer behavior
  • Prepared high-risk reviews with results and recommendations for customer onboarding, closure and retention
  • Researched and interpreted corporate documentation to determine business and ownership structure
  • Advised Team Manager and QC Managers of thematic issues to incorporate best practices for future processes
  • Performed periodic reviews and reports on merchants to comply with rules, regulations and KYC requirements
  • Offered internal support for audit, compliance and reporting activities
  • Conducted thorough reviews for high risk clients based on stratified risk level guidelines
  • Partnered with client-facing teams to collect legal documents and associated information for regulatory and internal policies
  • Monitored testing results on related controls from business unit compliance officers
  • Reviewed new prospect KYC documents to meet requirements and determine business model risk
  • Consulted with compliance department to create regulatory reports
  • Determined customer risk ratings based on analysis and research findings

AML Investigator

JP Morgan & Chase
09.2013 - 07.2014
  • Extensive knowledge of laws and regulations relating to money laundering including Bank Secret Act, KYC, OFAC, SAR and CTR
  • Prepare KYC profiles using Lexis Nexis
  • Perform Enhanced Due Diligence (EDD), 314(a), 314(b) and USA PATRIOT Act Compliance Programs
  • On-Board clients to Chase after performing Due Diligence and enhanced KYC to existing clients of Chase
  • Perform investment due diligence on Financial Institution individuals and entities
  • On -board clients on Institutional side (Investment banking) of bank
  • Liaise with different teams such as Sales, Credit Risk, Operations, Compliance, and Legal to ensure smooth flow of trade through systems after client is on boarded
  • Identified multiple significant cases, red flags and patterns associated with laundering of illicit funds
  • Work closely with Sales/Traders and clients to on board their trade accounts
  • Do background verification of clients on company approved data sources
  • Recommended new software tools and enhancements to improve fraud detection, prevention and reporting efforts.
  • Investigated fraud referrals and performed research to minimize risk and resolve inquiries
  • Prepared reports, metrics and research to support fraud initiatives and projects
  • Developed and delivered compliance training to team members and bank staff
  • Completed quarterly assessments of financial and performance records and reports to promote operational improvements

AML Analyst

People's United Bank
11.2011 - 09.2013
  • Follow established policies in accordance with bank and supervisor's direction
  • Following CIP, BSA, AML and CRA regulations for every new and existing accounts
  • Identify and report Money Laundering as required by Bank Secrecy Act and Anti-Money Laundering
  • Manage suspicious activity monitoring and SAR and CTR reporting
  • Monitor various fraud prevention/detection and suspicious activity reports to determine risk
  • Filing SARS if activity matches suspicious criteria
  • Identified accounts for high risk or negative information using World check and OFAC
  • Evaluate and assess situations to minimize risk and losses to financial institution
  • Perform required KYC screening on new clients by documenting and corroborating information obtained on client as required by Global KYC Procedures utilizing variety of independent research sources
  • Analyze Client data, documentation and negative news in order to determine Client Risk Profile as established under Global KYC Procedures
  • Collaborate with CID team worldwide on global requests
  • Produce detailed client review write up in Global Account Opening System
  • Maintain detailed records on clients for second-level review
  • Maintained fraud analysis models to improve company systems.
  • Communicated with market Managers to thwart potential money laundering or terrorist financing.
  • Identified threats, vulnerabilities and suspicious behavior patterns to recommend mitigation measures.
  • Communicated with compliance manager to thwart potential money laundering or terrorist financing

Education

Bachelor of Business Administration - Business Management

SUNY Farmingdale University
Farmingdale
12.2012

Skills

  • Compliance Reporting
  • Risk Identification
  • Credentialing Audits
  • Correspondence Writing
  • Effective Working Relationships
  • Test Results Evaluation

Languages

Arabic
Limited Working
urd
Full Professional
Hindi
Full Professional
Punjabi
Professional Working

Timeline

AVP Compliance Officer

Barclays Investment Bank
07.2017 - Current

Compliance Officer

China Construction Bank
07.2016 - 07.2017

Senior KYC Analyst

Citi
07.2014 - 07.2016

AML Investigator

JP Morgan & Chase
09.2013 - 07.2014

AML Analyst

People's United Bank
11.2011 - 09.2013

Bachelor of Business Administration - Business Management

SUNY Farmingdale University

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Atif Mohammad