Erick Membreno
Fort Worth,TX
Summary
Senior AML/ Risk Management professional that has ten years in the financial services industry. A well-rounded professional with vast experience in AML/BSA policies that include SAR filing, risk management policies and procedures, problem solving, enhanced due diligence reviews, process improvement and risk and regulatory requirements. Over 8 years of direct experience in financial crimes risk management. Self-motivated and highly organized with an exceptional work ethic.
Overview
12
12
years of professional experience
1
1
Certification
Work History
Manager, AML EDD High Risk Accounts
Charles Schwab
05.2019 - Current
- Conducted enhanced due diligence investigative searches for high risk clients
- Worked with 3rd party sources and conduct internet research to understand the nature and purpose of the client’s accounts
- Created thorough and well written risk memos
- Documented results and maintenance of QA reports, findings, observations and correspondence
- Consistently exceeded production goals within the department with minimal QA revisions that led to 'exceed expectations' in performance reviews in 4/5 years
- Escalated and presented alerts/risk memos with Directors that did not meet Corporate BSA standards and followed through for resolutions
- Served as an SME in our department and responsible for training new employees
- Cross-trained with the AML investigations team and reviewed and filed SARs during a Personal Development Opportunity (PDO) program which I was selected to participate in
- Responsible for working the Escalations Box, which held the complex EDD reviews
Sr. AML Compliance Monitoring Specialist
Charles Schwab
07.2018 - 05.2019
- Managed two alert/case queues to stay within our departments 30-day SLA goal
- Reviewed and analyzed alerts generated by automated transactions monitoring software for potentially suspicious activity
- Utilized 3rd party vendor systems to conduct full scale reviews and identify any potential red flags/trends
- Completed CTR Alerts/Forms as applicable to meet FinCEN/BSA reporting requirements
- Assisted management with new hire onboarding and training, including operating as a new hire’s main point of contact for initial alert handling questions and feedback
- Participated in projects related process improvement initiatives for the AML Monitoring team
- Escalated any potential suspicious accounts for further review
AML/Fraud Investigator II
Capital One
02.2016 - 06.2018
- Analyzed alerted transactions related to customer activity to ascertain whether the account activity is suspicious
- Trained successfully in two cross LOBs (Bank Money laundering and Credit Card Fraud) to monitor for any suspicious activity on accounts and executed proper escalation of complex items in a timely fashion
- Managed suspicious activity case work in a timely and efficient manner
- Facilitated trainings on internal systems and directly mentored 150+ contract employees to support reporting activities
- Prepared suspicious activity reports (SARs) in compliance with established regulatory guidelines and time frames
- Analyzed credit card and money laundering alerts daily and filed suspicious activity reports (SAR) during instances of suspected fraud
Bank Teller
Wells Fargo
06.2012 - 02.2016
- Processed transactions for customers to help them manage financial success
- Found ways to make financial services more convenient for customers by offering different products
- Resolved problems or discrepancies concerning customers' accounts
Education
Associates -
Tarrant County College
Fort Worth, TXBachelor's Degree - Criminal Justice
University of North Texas
Denton, TX12.2015
Skills
- Team Leadership
- Time Management
- Verbal and written communication
- Complex Problem-Solving
Certification
- Certified Financial Crimes Specialist (CFCS), 05/21, Active
- Certified Anti-Money Laundering Specialist (ACAMS), 01/22, Active
References
References available upon request.
Timeline
Manager, AML EDD High Risk Accounts
Charles Schwab
05.2019 - Current
Sr. AML Compliance Monitoring Specialist
Charles Schwab
07.2018 - 05.2019
AML/Fraud Investigator II
Capital One
02.2016 - 06.2018
Bank Teller
Wells Fargo
06.2012 - 02.2016
Associates -
Tarrant County College
Bachelor's Degree - Criminal Justice
University of North Texas
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