BIKASH KAFLEY
Elizabethtown,PA
Summary
Dynamic Operations Analyst with a proven track record at Bank of America, adept in AML regulations and sanctions screening. Excelled in cross-functional teamwork and enhanced due diligence, contributing to significant compliance improvements. Skilled in Fircosoft and fostering robust compliance frameworks, ensuring operational excellence and risk mitigation.
Overview
6
6
years of professional experience
Work History
Operations Analyst
Bank of America
Scranton, PA
04.2024 - Current
- Investigated suspicious activity alerts generated by the system according to established procedures.
- Assisted in the development of training materials for new users of the AML and Sanctions Screening system.
- Contributed innovative ideas and solutions to enhance team performance and outcomes.
- Worked with cross-functional teams to achieve goals.
- Understand sanctions compliance risks inherent in the business and the regulatory environment in which the business operates, and, where appropriate, review and utilize BOA's NetReveal System to monitor business risk and enhance the control environment.
- Previous local AML and sanctions experience, ideally within corporate banking or broader financial services.
AML - KYC Analyst/OFAC Sanctions Investigations
BNY Mellon
Pittsburgh, PA
03.2020 - 03.2024
- Completed extensive due diligence investigations using public and private databases in accordance with AML, BSA and other regulatory standards to assist business units and prevent operations and reputational risks
- Performed checks on all employees, consultants, vendors, contractors, and third-party advisers against OFAC Specially Designated National list (SDN) and Blocked Persons List
- Conducted enhanced due diligence research in attempts to find derogatory/background information used to aid client advisors’ decisions in initiating, maintaining, or closing business relationships
- Reviewed OFAC Sanctions alert received on transactional review through Fircosoft and other filters, and thoroughly investigated referred alerts as per the regulatory guidelines
Operations-Compliance Specialist-AML
BNY Mellon
Pittsburgh, PA
03.2019 - 03.2020
- Working on Fiduciary control communications management department to provide support on compliance functions and monitoring analysis support, to trust and custody accounts for worldwide institutional clients
- Liaised with internal and external Mellon associates supporting US Trust, ABN Amro, and CIBC Mellon clients
- Monitored communication flow and data distribution relating to domestic and international trade activity, corporate actions, and wire monitoring
- Responsible for managing communication flow through SWIFT, proprietary feeds, and central fax to reduce both financial and reputation risk
Vault Auditor
Loomis Armored Service Inc.
Robinson Township, PA
11.2018 - 02.2019
- Reviewed ATM orders to ensure each ATM serviced is in balance
- Researched and reconciled all out of balance ATM’S
- Ensured all orders are pulled and fulfilled for customer delivery in timely manner
- Reviewed all CMS related documentation, including documentations of physical count of inventories, processing reports, balance sheets, liability transfer documentations, shipping, and order documentation to ensure compliance with Loomis standards
Education
Bachelor’s degree - Accounting
Indiana University of Pennsylvania
Indiana, PA05.2017
Skills
- Microsoft Word and Excel
- CIP Inquiry
- Fircosoft
- Great Plains
- Cross-functional teamwork
- Enhanced due diligence
- Office of foreign assets control regulations
- AML regulations
- Suspicious activity reporting
- Bank secrecy act compliance
- Customer due diligence
- Sanctions screening
Timeline
Operations Analyst
Bank of America
04.2024 - Current
AML - KYC Analyst/OFAC Sanctions Investigations
BNY Mellon
03.2020 - 03.2024
Operations-Compliance Specialist-AML
BNY Mellon
03.2019 - 03.2020
Vault Auditor
Loomis Armored Service Inc.
11.2018 - 02.2019
Bachelor’s degree - Accounting
Indiana University of Pennsylvania
Similar Profiles
Yaquelin GuevaraYaquelin Guevara
Relationship Manager Business Owner Specialist at Bank Of AmericaRelationship Manager Business Owner Specialist at Bank Of America
Nicholas ShakanNicholas Shakan
Vice President, Portfolio Manager at Bank of America Private BankVice President, Portfolio Manager at Bank of America Private Bank
AUSTIN MONREALAUSTIN MONREAL
Relationship Banker at Bank of AmericaRelationship Banker at Bank of America
Scott PetersenScott Petersen
Mortgage Loan Originator/Loan Structure Specialist at Bank of AmericaMortgage Loan Originator/Loan Structure Specialist at Bank of America
Kristen McCordKristen McCord
General Pediatric Registered Nurse at Penn State Health - 35 Hope DriveGeneral Pediatric Registered Nurse at Penn State Health - 35 Hope Drive