Summary
Overview
Work History
Education
Skills
Accomplishments
Professional Development
Timeline
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Eric Gandhle

Frisco,TX

Summary

Results-driven AML/BSA compliance professional with over 14 years of progressive experience in the financial industry. Demonstrated expertise in implementing AML/BSA regulations, conducting risk assessments, and managing multiple work streams to ensure regulatory compliance. Proven ability to lead teams, deliver high-quality results, and solve complex business issues from strategy to execution. Skilled in leveraging a broad range of tools and techniques to extract insights from current industry trends, aligning with PwC's commitment to being fit for the future in a constantly changing world.

Overview

8
8
years of professional experience

Work History

AML Transactions Monitoring QA

UBS Through Huntress
01.2023 - 10.2024
  • Led and coached a team of 10+ AML/KYC analysts, delegating tasks and providing mentorship to deliver high-quality results, demonstrating leadership at every level
  • Conducted quality assurance reviews of analyst work products, ensuring 100% accuracy, completeness, and adherence to established standards
  • Performed thorough evaluations of Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) cases, ensuring compliance with KYC and CIP requirements
  • Utilized various monitoring systems including Actimize, SharePoint, OFAC, Experian, World-Check, and LexisNexis to conduct comprehensive investigations
  • Prepared and submitted Suspicious Activity Reports (SARs) in accordance with regulatory requirements, maintaining a 100% compliance rate
  • Conducted periodic risk assessments and audits of AML/KYC processes, identifying gaps and proposing comprehensive solutions that led to a 25% improvement in process efficiency
  • Developed and delivered training programs on AML best practices, improving team performance by 30%
  • Collaborated with cross-functional teams to implement new AML strategies, demonstrating ability to work in diverse environments.

AML Transactions Monitoring QA

Wells Fargo (through Digital Risk)
09.2022 - 01.2023
  • Developed and implemented transaction monitoring scenarios and rules, enhancing the effectiveness of the AML program by 40%
  • Utilized advanced data analysis tools to monitor and analyze over 1 million transactional data points monthly, identifying irregularities with 95% accuracy
  • Conducted ongoing reviews of existing processes and procedures, recommending enhancements that improved efficiency by 20%
  • Collaborated with IT department to enhance functionality of monitoring systems, reducing false positives by 35%
  • Prepared detailed observations and documentation from case reviews, supporting decision-making and regulatory reporting
  • Stayed abreast of industry trends and regulatory changes, proactively adjusting monitoring strategies to maintain compliance.

AML Sanction and Screening Wire Analyst

JP Morgan
11.2018 - 08.2022
  • Conducted real-time screening of over 5,000 wire transactions monthly against various sanctions lists, preventing potential violations with 100% accuracy
  • Implemented and maintained watchlist filtering rules and parameters in the screening system, improving screening effectiveness by 50%
  • Worked closely with internal stakeholders, including Legal and Risk Management, to resolve complex sanctions-related issues, demonstrating strong communication skills
  • Conducted root cause analysis on sanctions alerts and implemented corrective actions, reducing false positives by 40%
  • Participated in the development and enhancement of sanctions screening policies and procedures, showcasing ability to contribute to process improvements
  • Prepared and submitted reports to regulatory authorities on sanctions-related matters, maintaining 100% compliance with reporting deadlines.

Anti Money Laundering Analyst

Comerica
11.2017 - 10.2018
  • Spearheaded a 3-year Look-back project to determine compliance with federal/state regulations, analyzing over 10,000 transactions
  • Evaluated risk-based alerts to determine sanction jurisdiction violations, maintaining a 98% accuracy rate
  • Collaborated with legal and compliance teams to ensure adherence to regulatory requirements, demonstrating ability to work across different teams
  • Participated in internal and external audits, providing documentation and insights on AML/BSA compliance, contributing to the credit union's successful regulatory examinations
  • Conducted periodic reviews of customer accounts, identifying and addressing AML/BSA risks proactively.

AML/BSA Sanctions Investigator

Beal Bank
07.2016 - 08.2017
  • Conducted risk assessments and enhanced due diligence (EDD) for high-risk customers, improving risk mitigation effectiveness by 30%
  • Analyzed complex financial transactions using advanced monitoring tools, identifying suspicious activities with 95% accuracy
  • Led development and implementation of new AML policies and procedures, aligning with latest regulatory requirements
  • Investigated potential OFAC hits, ensuring 100% compliance with U.S
  • Sanctions regulations
  • Utilized Actimize to review and resolve false positive alerts, improving system efficiency by 25%
  • Prepared comprehensive reports and communicated findings to senior management and regulatory bodies
  • Collaborated with cross-functional teams to enhance the bank's overall AML/BSA program
  • Mentored junior team members, improving team performance by 20%.

Education

Bachelor of Science - Accounting and Finance

Southern New Hampshire University
Hooksett, NH

Skills

  • AML/BSA Compliance Implementation

  • Transaction Monitoring and Risk Assessment

  • Sanctions Investigations and OFAC Compliance

  • Suspicious Activity Reporting (SAR) and KYC Processes

  • Quality Assurance and Process Improvement

  • Team Leadership and Project Management

  • Stakeholder Communication and Relationship Building

    • AML Compliance

    Financial Crime Prevention

Accomplishments

  • Recognized as "Top Performer" in AML department for three consecutive years (2021-2023)
  • Invited speaker at internal AML best practices seminar, 2022
  • Developed a new SAR reporting template that was adopted company-wide, improving reporting efficiency by 30%

Professional Development

  • Certified Anti-Money Laundering Specialist (CAMS) - In progress
  • Annual AML/BSA Compliance Training - Completed yearly since 2017
  • Advanced Excel for Financial Analysis - Online Course, 2022
  • Leadership and Team Management - Corporate Training, 2023

Timeline

AML Transactions Monitoring QA

UBS Through Huntress
01.2023 - 10.2024

AML Transactions Monitoring QA

Wells Fargo (through Digital Risk)
09.2022 - 01.2023

AML Sanction and Screening Wire Analyst

JP Morgan
11.2018 - 08.2022

Anti Money Laundering Analyst

Comerica
11.2017 - 10.2018

AML/BSA Sanctions Investigator

Beal Bank
07.2016 - 08.2017

Bachelor of Science - Accounting and Finance

Southern New Hampshire University

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Eric Gandhle