Dathan Madding
Cheektowaga,NY
Summary
Experienced BSA/AML Fraud Investigator and Team Lead with a strong background in detecting and preventing financial crimes in the banking and financial services sectors. In-depth knowledge of AML regulations and BSA compliance, ensuring strict adherence to regulatory standards. Proven track record of successful investigations, identifying and mitigating financial risks. Skilled in leading teams and coordinating efforts to address complex financial crime cases with high accuracy and attention to detail.
Overview
13
13
years of professional experience
Work History
Merchant Due Diligence Analyst
Paysafe
08.2024 - Current
- Conduct comprehensive risk evaluations of business prospects and existing corporate clients
- Perform due diligence assessments of merchant accounts and business models
- Prevent financial crimes, including money laundering, terrorist financing, and tax evasion
- Collaborate with Collections and Issuing teams to monitor and manage consumer and merchant accounts with negative balances
- Oversee the end-to-end collections process and dispute resolution for prepaid accounts
- Implement strategies to mitigate losses and enhance compliance processes
BSA/AML Fraud Investigator
Lake Shore Savings Bank
02.2023 - 05.2024
- Conducted investigations on referred files, evaluating customer data to identify and prevent fraudulent activities.
- Led a team responsible for investigating Suspicious Activity Reports (SARs), overseeing case management and ensuring all necessary information was gathered to complete thorough investigations.
- Produced detailed fraud investigation reports and presented findings to senior management.
- Coached and trained staff on fraud prevention techniques, increasing awareness and reducing risk.
- Reviewed suspicious reports and individual transactions to uncover potential fraud, optimizing risk assessment processes.
Senior AML Analyst/Financial Crime Investigator
AML Rightsource
01.2021 - 03.2023
- Enhanced case management process to record monitoring, investigation methodology and results
- Strong knowledge of KYC/Onboarding, AML, and sanctions-related investigations and monitoring
- Developed metrics and analyzed investigation data for monitoring and reporting
- Conducted BSA/AML regulatory horizon scanning
- Enhanced controls framework for tracking tasks
- Worked with the Team Lead and the Compliance team to foster a culture of compliance
- Supported Internal Audit reviews testing the adequacy of BSA/AML program objectives and controls
- Proficient in data analytics, data mining, and IT support using tools like Excel
- Served as a quality assurance representative to maintain constant audit readiness
Client Onboarding Analyst
Citi
07.2019 - 01.2021
- Collected necessary documentation for account opening in collaboration with clients and sales teams
- Conducted research and validation of entity data using internal and external sources
- Reviewed legal name verification, address, nature of business, and beneficial ownership structures
- Investigated potential sanctions and money laundering hits from screening applications
- Populated account opening, market opening, and tax documentation
- Ensured all documents were collected, verified, and stored, providing regular status updates to clients
- Collaborated with the Accounts Control team to ensure KYC/AML and other regulatory reviews were performed
KYC Analyst
HSBC
02.2012 - 06.2019
- Oversaw implementation of corrective actions and monitored responses to identified issues and audits
- Prepared and maintained compliance reports for management review
- Monitored and evaluated compliance systems and processes to identify areas of improvement
- Collaborated with internal stakeholders to ensure compliance with internal policies and procedures
- Adjusted end-to-end KYC process needs to align with workforce capabilities.
Education
Criminal Justice -
Hilbert College
Hamburg, NY01.2003
Skills
- Financial Fraud Investigation
- BSA/AML Risk Management
- Client Onboarding Protocols
- Risk Management
- Effective Team Management
- Fraud Detection & Prevention
- Transaction monitoring
- Investigation techniques
- Compliance training
Hobbies and Interests
Varsity Basketball Coach at West Seneca East High School
Timeline
Merchant Due Diligence Analyst
Paysafe
08.2024 - Current
BSA/AML Fraud Investigator
Lake Shore Savings Bank
02.2023 - 05.2024
Senior AML Analyst/Financial Crime Investigator
AML Rightsource
01.2021 - 03.2023
Client Onboarding Analyst
Citi
07.2019 - 01.2021
KYC Analyst
HSBC
02.2012 - 06.2019
Criminal Justice -
Hilbert College
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