Brooke Mallory
Clinton,MA
Summary
Analytical and insightful certified BSA & AML Analyst known for high productivity and efficiency in task completion. Specialized skills include transaction monitoring, compliance regulation interpretation, and risk assessment strategy development. Excel in communication, problem-solving, and analytical thinking to enhance operational effectiveness in anti-money laundering efforts.
Overview
11
11
years of professional experience
Work History
BSA & AML Analyst
Workers Credit Union
Littleton, MA
10.2023 - Current
- Stay abreast of and analyzes developing industry and compliance trends, scams or schemes and changes to laws and regulations pertaining to BSA/OFAC/AML
- Monitors and tracks BSA/AML alerts
- Responsible for the monthly monitoring and resolution of alerts generated by the BSA/AML software
- Responsible for monitoring SAR activity, including initial investigations, completing SAR reports in the BSA/AML software, and periodic reviews
- Review daily and monthly reports, such as: SMURF Report, Monetary Instrument Log, CIP review among others
- Complete CTR forms for filing
- Responsible for High Risk Reviews
- Regularly run OFAC checks, researching any and all matches; research any unusual activity identified through BSA/AML software or at account opening
- Utilizes internal/external resources to investigate and analyze potential fraud and money laundering
- Conducts suspicious activities investigations and escalates as appropriate
- Authorized 314(b) (PATRIOT Act) contact; responsible for collaborations/information sharing with other financial institutions
BSA Analyst
Hanscom Federal Credit Union
Littleton, MA
09.2021 - 10.2023
- Assures company compliance with all operational regulations by monitoring that appropriate parameters are in place to identify suspicious and/or fraudulent activity
- Stay abreast of and analyzes developing industry and compliance trends, scams or schemes and changes to laws and regulations pertaining to BSA/OFAC/AML
- Oversees the BSA Specialist in the daily monitoring and resolution of alerts generated by the BSA/AML software; validates the review/decision process
- Authorized 314(b) (PATRIOT Act) contact; responsible for collaborations/information sharing with other financial institutions
- Responsible for running OFAC and 314a checks, researching any and all matches, including any unusual activity identified through BSA/AML software or at the branch/remote support levels
- Reports positive 314(a) matches to FinCEN
- Responsible for all high risk account monitoring
- Assists in the development, maintenance and updating of all BSA/AML/OFAC policies, procedures, risk assessments and compliance as they relate to the BSA program
- Responsible for monitoring SAR activity, including initial investigations, SAR determinations, completing SAR reports in the BSA/AML software, and periodic reviews
- Responsible for filing CTRs that have been completed by the BSA Specialist; reviews them for completeness and accuracy and works with BSA Specialist to resolve discrepancies
- Assists during all periodic BSA/AML compliance reviews as well as supporting the implementation of corrective actions to ensure compliance
- Monitors and analyzes the needs of the BSA group as they relate to daily/weekly workload; comes up with strategies to prioritize alerts, cases and regulatory reports
- Training the BSA Specialist & Internal Control Specialist
- Responsible for BSA/AML software user management
BSA Specialist
Hanscom Federal Credit Union
Littleton, MA
07.2018 - 09.2021
- Monitors and tracks BSA/AML and account fraud alerts
- Responsible for the daily monitoring and resolution of alerts generated by the BSA/AML software
- Review daily and monthly reports, such as: SMURF Report, Official Checks Report, International Wire Transfer Report, Monetary Instrument Log, among others
- Complete CTR forms for filing
- Responsible for daily behavior Reviews
- Regularly run OFAC checks, researching any and all matches; research any unusual activity identified through BSA/AML software or at account opening
- Utilizes internal/external resources to investigate and analyze potential fraud and money laundering
- Conducts suspicious activities investigations and escalates as appropriate
- Act as back up for Internal Control Specialist
Internal Control Analyst
Hanscom Federal Credit Union
Hanscom AFB, MA
04.2017 - 07.2018
- Performs a number of important tasks, including, but not limited to, periodically reviewing employee accounts; reviewing supervisory override reports, dormant account reports, sales and incentive reports (to ensure compliance with regulatory requirements), closed account reports and loan file maintenance reports
- Reviews and monitors internal reports to ensure compliance with the internal control program and regulatory requirements, identifies areas of strengths and weaknesses within our internal control program and makes recommendations to management on ways to improve functions and processes
- Maintains audit log of all reports and tracks findings through resolution
- Develops and maintains written internal controls procedures up to date all times
- Managed the employee compliance training program
Operations Support
Hanscom Federal Credit Union
Hanscom AFB, MA
10.2013 - 04.2017
- Process all Outgoing Domestic Wires
- Process all International Wires
- Process all Incoming Wires to members accounts
- Back up for ACH, Share Draft Processor & Mail Deposits
- Process adjustments for Shared Branching
- Responsible for maintaining credit union record retention files
- Process monthly dividend checks for members
- Additional duties as required
Education
Associate -
Mount Wachusett Community College
Skills
- Transaction monitoring
- Internal Controls
- Regulatory reporting
- Audit Support
- Compliance Training
- Task Prioritization
- Goal Setting
- Decision-Making
- Team Collaboration
- Report Writing
- Organizational Skills
- Certified Anti-Money Laundering Specialist (CAMS)
- Problem-Solving
- Effective Communication
- Investigate activities
- Know Your Customer
Certifications
- CAMS
- BSACS
Timeline
BSA & AML Analyst
Workers Credit Union
10.2023 - Current
BSA Analyst
Hanscom Federal Credit Union
09.2021 - 10.2023
BSA Specialist
Hanscom Federal Credit Union
07.2018 - 09.2021
Internal Control Analyst
Hanscom Federal Credit Union
04.2017 - 07.2018
Operations Support
Hanscom Federal Credit Union
10.2013 - 04.2017
Associate -
Mount Wachusett Community College