Derek Demlow

• Conducted thorough investigations into suspicious financial transactions to detect potential money laundering, terrorist financing, fraud, and other illicit activities.
• Reviewed customer account activity, transaction histories, and behavioral patterns to identify anomalies and red flags.
• Prepared and filed Suspicious Activity Reports (SARs) in accordance with regulatory requirements (e.g., FinCEN, BSA, AMLA).
• Performed Enhanced Due Diligence (EDD) and Know Your Customer (KYC) reviews for high-risk clients and complex entities.
• Utilized AML and fraud monitoring tools (e.g. Actimize) to track and assess transactional activity.
• Collaborated with compliance teams, internal audit, and law enforcement to support investigations and maintain regulatory compliance.
• Stayed up to date on evolving financial crime trends, sanctions, and regulatory changes affecting AML and fraud practices.
• Documented case findings and maintained organized investigation records for internal use and audit readiness.
• Assisted in the development and implementation of risk-based monitoring strategies and fraud prevention controls.
• Participated in ongoing training and professional development to enhance investigative and regulatory knowledge.

Served in an investigative capacity for potential money laundering/terrorist finance and related illegal activity

• Utilized online banking search software to locate banking customer information
• Typed required suspicious activity report documentation in order to report potentially illegal/fraudulent banking activity to law enforcement
• Collaborated with team members to develop procedures which helped to hasten completed casework
• Exhibited critical thinking when determining which cases were considered suspicious (potentially illegal) or non-suspicious

Served in multiple business capacities regarding legal services provided to clients within the community.

• Organizing of both digital and physical filings
• Creating and editing legal documents via Microsoft Word and Adobe Acrobat
• Scanning/saving/retrieving digital documents via NetDocuments
• Greeting and interacting directly with visiting clients
• Managing multiple attorney calendars via Microsoft Outlook
• Sending/receiving client telephone calls & transferral to proper attorneys