Dathan A. Madding
Cheektowaga,NY
Summary
Experienced Compliance Analyst with more than 10 years of experience in the banking industry. Recognized for ability to identify risk, improve regulatory adherence, and ensure high quality compliance in both consumer and business banking. Known for strong communication and training skills, as well as collaborating with individuals at all organizational levels.
Overview
10
10
years of professional experience
Work History
Senior AML Analyst/Financial Crime Investigator
AML Rightsource
02.2021 - Current
- Conducting quality reviews for workflow specific reviews
- Transaction monitoring of assigned accounts to assess potential suspicious activity on accounts, such as money laundering
- Identify data anomalies as they relate to AML initiatives, AML/BSA regulations, and industry best practices for AML/BSA analysis
- Assist other members of the Compliance Unit, data management efforts, and other company employees to maintain and implement the most effective means of meeting the company's AML and other transaction analysis and reporting requirements
- Work effectively with multiple complex data sources and technical analytical tools/resources
- Work and contribute in a team-oriented and collaborative environment to improve the analytical and reporting processes
- Identify areas for efficiency and provide actionable feedback to leadership
- Find ways for the most efficient means for completing required tasks
- Ability to assist with advanced tasks as necessary, including communication with clients
- Adhere to and comply with all applicable, federal and state laws and regulations
Client Onboarding Analyst
Citi
08.2019 - 02.2021
- Work with clients and sales teams to obtain necessary documentation for account opening
- Research and validation of entity data using appropriate internal and external data sources
- Entity data includes legal name verification, address, nature of business, and understanding beneficial ownership structures
- Review and investigate potential sanctions and money laundering hits from screening applications
- Populate account opening, market opening, and tax documentation
- Ensure all documents are collected, verified and stored, and provide status back to the client
- Interact with client regarding the latest status and current onboarding actions
- Partner with Accounts Control team to ensure KYC/AML/MiFID and other regulatory reviews on all clients is performed
Experienced Analyst
HSBC Bank USA, N.A
01.2016 - 01.2019
- Conduct high quality operational, technical and legal reviews of all personal accounts opened in the retail branch network to ensure compliance with all legal, regulatory and internal requirements
- Perform extensive enhanced due diligence on retail bank customers by using World Check, LexisNexis, and intricate internet searches
- Partner with district and branch management teams to mitigate risk, improve AML compliance, and adhere to other regulatory and legal requirements
- Assess client AML and OFAC risks across multiple business lines and functional units
- Perform transaction monitoring and negative news searches on high-risk banking clients; including filing unusual activity reports, which are escalated to senior management for SAR recommendation
- Ensure successful Know Your Customer audits of branch account opening packages
- Serve as a subject matter expert on complex business structures involving multiple entity types
- Collaborate with Legal, Compliance, AML team, and senior management on complex relationships to ensure a proper balance between risk mitigation and customer service.
Experienced Analyst
HSBC
02.2012 - 01.2016
- Risk-rated and performed enhanced due diligence on a portfolio of new and existing Business Banking, Middle Market and Large Corporate clients
- Created and maintained Commercial Banking Know Your Customer (KYC) profiles in compliance with Anti-Money Laundering / Bank Secrecy Act policies and commercial banking procedures
- Completed Customer Due Diligence, collected and reviewed business documentation, and communicated with the front office to collect required customer information
- Participated in special reviews, projects and training efforts
- Performed policy and procedure gap analyses for various financial institutions under consent orders.
Education
Criminal Justice
Hilbert College
Information Technology Certificate -
Erie Community College
Skills
- Disposition Records
- Assessing Compliance Risk
- Transaction Monitoring
- Suspicious Activity Monitoring
- Detailed Analysis
- Regulatory Standards
- Anti Money Laundering (AML)
- Fraud Patterns
- Conducting Reviews
- Bank Secrecy Act
- USA Patriot Act
- Regulatory Filings
- Financial Crimes Investigations
Timeline
Senior AML Analyst/Financial Crime Investigator
AML Rightsource
02.2021 - Current
Client Onboarding Analyst
Citi
08.2019 - 02.2021
Experienced Analyst
HSBC Bank USA, N.A
01.2016 - 01.2019
Experienced Analyst
HSBC
02.2012 - 01.2016
Criminal Justice
Hilbert College
Information Technology Certificate -
Erie Community College
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