Damilola Adeniji
Dallas
Summary
Detail-oriented and Analytical Compliance Analyst with expertise in financial, compliance and risk analysis. Proven track record of adherence to policies and regulatory requirements. Experienced in AML, KYC, BSA, SAR, OFAC, and FinCEN, adept at identifying, assessing, and mitigating risks while maintaining regulatory integrity.
Overview
12
12
years of professional experience
1
1
Certification
Work History
SENIOR KYC/AML INVESTIGATOR
IndigoFlex Consulting
05.2021 - Current
- Assist in the QC of case investigations; support quality control of investigative documentation by reviewing SAR and No SAR decisions through a specified number of quality control reviews by managing the work queue. Ensure quality control standards and technical aspects of SAR filings are compliant with regulatory guidelines.
- Draft, review and file SARs, conduct a SAR 90 days review.
- Preparation and submission of all Currency Transaction Reports (CTRs) within required time frames.
- Review, and monitor reports related to accounts, ACH, wires, checks, and IAT.
- Identify and verify Entities and subsidiaries, verification of Article of Formation and Ownership structure.
- Investigate Transactions by analyzing the expected versus the actual to determine if the behavior needs to be auto-tuned or exceeds thresholds using Verafin software.
- Update EDD and PEP list; conducting period reviews accordingly.
- Conduct OFAC requirement due diligence and adjudicate unidentified sanction alerts.
- Perform Periodic KYC Reviews and Prepare Request for Information (RFI) communication with stakeholders for client outreach.
- Ensure all Money Services Business (MSB) entities maintained active FinCEN registrations for the types of MSB services they render and analyze MSB transactions such as 3rd Party check cashiers, money orders, currency exchange, and money transmitters.
- Perform in-depth Enhanced Due Diligence on high-risk accounts, including but not limited to Payment Processors, digital currencies, Investment Client, Wealth Management and Trust.
- Verification of SOF (Source of Fund),SOW (Source of Wealth) and Use of funds.
- Conduct Negative news/adverse media, FFIEC Geocode, Law Enforcement, 314a/314b, Subpoenas, and OFAC sanction screening for EDD reviews and high risk alerts and adjudicate them.
AML SAR ANALYST
Indigoflex Consulting
04.2019 - 04.2021
- Assessed account transactions to identify unusual activity indicative of fraud or money laundering and escalated potential suspicious activity to the BSA Officer in accordance with AML regulations.
- Conducted AML investigations based on unusual incident reports submitted by bank employees or law enforcement subpoenas.
- Performed reviews of the Clients CIF and other lists for compliance with FinCEN 314a requests.
- Conducted suspicious activity reviews of transactions, behavioral patterns, and ongoing account activity, and prepared timely Suspicious Activity Reports (SARs).
- Performed continuous transaction monitoring across high, medium, and low-risk accounts as required.
- Managed and monitored MSB, NPO, POATM, NBFI, and CIB customers.
- Applied working knowledge of FFIEC BSA/AML guidance to identify higher risk customer types, associated risk factors, necessary due diligence, and red flags.
- Stayed updated on AML regulations, including the USA PATRIOT Act, the Bank Secrecy Act, US
- Treasury AML guidelines, OFAC requirements, and SAR requirements.
- Performed and assessed CIP reviews
- Created detailed documentation of suspicious activity review findings for presentation to the SAR Committee as needed.
KYC Analyst
Capital One
12.2017 - 03.2019
- Analyzed credit data and financial statements to determine degree of risk involved in extending credit and lending money.
- Created and reviewed client KYC profiles/ Onboarding to ensure compliance with FINCEN/BSA requirements and client policies and procedures.
- Conducted AML /KYC formality reports on questionable accounts and transactions.
- Conducted the required KYC screenings on customers, documenting the information obtained on the client's as required by global KYC procedures.
- Daily use of the FI automated software systems in performance of assignments.
- Identified criminal and potentially fraudulent activity targeting the financial institution or its customers.
- Applied investigative methods leveraging internet resources and public websites to gather customer and transaction information.
- Analyzed credit data and financial statements to assess risk levels associated with extending credit and lending.
Accountant
Alpha Pharmacy & Stores Limited
03.2014 - 09.2016
- Maintained records of assets and liabilities.
- Processed accounts payable.
- Reviewed, applied and posted daily cash receipts.
- Assisted with the analysis and preparation of financial statements
- Reviewed income and expenses.
- Assisted with other accounting-related duties.
- Calculated and documented payroll data for processing.
- Posted journal entries to ensure accuracy of transactions in the GL.
Education
Bachelor of Science - Biology
Tai Solarin University of Education
Ogun State03-2011
Associate of Science - Diploma in Deskstop Publishing/Data Processing
Lagos City Computer College
Lagos, Nigeria09-2004
Skills
- Assessing Compliance Risk
- Regulatory Research
- Transaction Monitoring
- Case Management Systems, Lexis-Nexis, World Check, Negative News, SAR
- Risk Management Framework
- EDD, OFAC, CDD, Fraud Investigation
- Financial Crimes Investigations and Prevention
- Financial Statements
- Strong organizational, communication (verbal and written), and interpersonal skills
- Attention to detail
Certification
Fraud Analytics Techniques
Timeline
SENIOR KYC/AML INVESTIGATOR
IndigoFlex Consulting
05.2021 - Current
AML SAR ANALYST
Indigoflex Consulting
04.2019 - 04.2021
KYC Analyst
Capital One
12.2017 - 03.2019
Accountant
Alpha Pharmacy & Stores Limited
03.2014 - 09.2016
Bachelor of Science - Biology
Tai Solarin University of Education
Associate of Science - Diploma in Deskstop Publishing/Data Processing
Lagos City Computer College
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