DANIEL MWALE
Cameron Park
Summary
Driven professional specializing in Anti Money Laundering (AML) and compliance within retail banking. Demonstrated success in reducing non-compliance through effective transaction monitoring, suspicious transaction reporting, and proactive engagement with stakeholders. Focused on implementing solutions that enhance due diligence and safeguard financial operations.
Overview
7
7
years of professional experience
Work History
Anti Money Laundering Analyst
First National Bank (FNB)
01.2022 - 01.2024
- Transaction Monitoring and reporting suspicious transactions to the Financial Intelligence Centre (FIC) after suspicion has been formed.
- Analyzing and consolidating transactional data for transactions in both USD and all currencies from all branches and producing Cash Transaction Reports (CTR) for submitting to the FIC.
- Understanding of Money Laundering trends in the country, globally, trends on the market and having deep understanding of FNB Zambia First Rand offerings; to provide proactive AML/CFT advice and solutions to the various stakeholders.
- Address all inquiries from correspondent banking through JP Morgan Chase and make sure that a thorough analysis is done on all requested information from the business units.
- Prevention of fines by making sure the business is compliant with the regulators and reduction of non-compliance.
- Analyzing SWIFT (cross border) and Real Time Gross Settlement (local) payment sanctions screening to ensure enhanced due diligence is done to have an informed decision in either permanently blocking the payment or releasing it. Ultimately making sure no payments are made to and from a sanctioned entity.
- Responding timeously and adequately to search warrants from Law Enforcements agencies such as Drug Enforcement Commission, Anti-Corruption Commission and Immigration as well as requests from the Financial Intelligence Centre.
- Engaging with FNB Intelligence and deliver on all Cash Transaction Reporting (CTR)/Suspicious Transaction Reporting (STR) and Payment Screening action items.
Sales Consultant Retail Banking
First National Bank (FNB)
01.2017 - 01.2021
- Sold bancassurance products, including long-term and short-term covers for motor insurance, life insurance, and micro insurance for SMEs.
- Opened quality personal accounts, contributing to increased business liabilities.
- Opened standard and non-standard fixed accounts to meet customer needs.
- Maintained high standards of customer service through professionalism and phone etiquette.
- Resolving visa, swiping and ATM disputes that customers may face using their Visa Cards as well as resolving online disputes made with various merchants across the globe.
Education
Marketing Level 4 -
Chartered Institute of Marketing
Zambia Centre for Accountancy StudiesSkills
- Financial crime detection
- Fraud analysis
- Payment screening
- Risk assessment
- Cash transaction reporting
- Retail banking operations
- Account opening reviews
- Customer reviews
Timeline
Anti Money Laundering Analyst
First National Bank (FNB)
01.2022 - 01.2024
Sales Consultant Retail Banking
First National Bank (FNB)
01.2017 - 01.2021
Marketing Level 4 -
Chartered Institute of Marketing