Ethyl Sanders
Salt Lake City,Utah
Summary
Rational Senior Financial Crimes Analyst with 13 years of experience enhancing operations for organizations through information systems solutions. Proven track record of transforming specific business goals related to growth and efficiency improvements into new system designs. Knowledgeable innovator known for recommending new technologies to enhance existing systems and introduce new systems.
Overview
13
13
years of professional experience
Work History
Senior Financial Crimes Analyst
Varo Bank, N.A.
04.2021 - Current
- Reviewed alerts, cases, and SAR narratives submitted by my team
- Oversees and mentors team members, providing investigative feedback and quality assurance (QA) and quality checking (QC) support
- Collaborated with peer groups and leaders to ensure all applicable risks are mitigated in the investigation
- Refined desktop investigative procedures, making process recommendations to increase efficiency and risk mitigation effectiveness
- Gathered feedback and recommendations and translate them into business requirements, and work directly with product and engineering teams to improve Varo's AML program effectiveness.
- Managed and monitored investigators' dashboards in order to meet the company's SLA requirements.
- Spearheaded multiple projects such as manager UARs- unusual activity referrals from Fraud Operations, Dispute, ACH, Customer support channels etc.
- Owned and managed the projects of filing of Typology type SARs such as fraud associated with Paycheck Protection Program (PPP) loans, ERC (Employee Retention Program) and Unemployment Insurance (UI).
BSA/AML Compliance Analyst
Zions Bancorporation, N.A.
07.2016 - 04.2021
- Senior Analyst, assigned subpoenas, 314a/b requests, Significant SARs, complex cases, and escalations
- Investigated complex data by utilizing a wide variety of external and internal resources to determine if any BSA/AML activity or other types of financial crimes may have occurred and produce an extensive report justifying the activity as reasonable or draft a SAR in compliance with established guidelines and time frames
- Reviewed escalations from Fraud Department to determine if any BSA/AML elements occurred and compose a Fraud/AML SAR when needed
- Drafted and filed SARs for Zions Direct (brokerage) escalations such as possible structuring, disguise of illicit funds, attempt to evade BSA requirements, and exploitation of broker dealer services for criminal purposes
- Promptly escalated high-risk cases to management and make recommendations for disengagement/exiting relationships to minimize risk to the Bank.
Financial Crimes Analyst - Fraud Detections Team Lead
Wells Fargo Bank, N.A.
05.2014 - 06.2016
- Coached team to best practices, fraud schemes/trends, and ensure team is keeping up on productivity, quality assurance, and compliance
- Monitored team's worklists to ensure that cases are handled in a timely manner
- Acted as team representative and liaison to senior-level Management
- Trained and mentored new team members to properly identify 'Red Flags' and act, accordingly, including submitting Unusual Activity Referrals and risky customer relationships accounts for closure
- Reviewed reports for any potential Regulatory or Compliance conflicts and notify team members/management to ensure compliance with procedures and regulations
- Identified fraud trends and recommend procedure updates, as well as working with Compliance, Underwriting, and other lines of business to streamline/update processes and inform of new trends
- Department inbox handling, provide detailed case information to other departments, including External/Internal Investigations and secure Online Banking for Global Sanctions group.
Financial Crimes Specialist III -Fraud Detections
Wells Fargo Bank, N.A.
04.2012 - 05.2014
- Review all banking deposit and payment channels such as person to person money transfer, checks, wires, ACH, online banking, and debit cards for suspicious activity including analyzing IPs and transactional history for 'Red Flags' to determine if further actions are needed
- Secure personal/business accounts with restraints to avert fraud, account takeover and identity theft
- Identify fraud trends/schemes to escalate to management to mitigate risk to the customer and bank
- Serve as Subject Matter Expert on Fraud Policies and Procedures for new hire training classes, provide best business practices for quality work and mentoring
- Participate in pilots/special projects to streamline processes.
Financial Crimes Specialist II
Wells Fargo Bank, N.A.
08.2010 - 04.2012
- Customer service, resolve complex fraud issues, manage customers' concerns
- Proactively secured customers' accounts and data to prevent further loss to clients and/or the bank
- Filed online fraud claims for reported unauthorized transactions/activity and provide security measures
- Educated customers and colleagues on fraud prevention methods and identifying phishing attacks and other social engineering schemes.
Education
Associate of Science - General Studies
Salt Lake Community College
12.2017
Skills
- 13 Years in Financial Crimes field
- Experienced in BSA/AML/OFAC and Fraud regulations
- Accurate and detail oriented
- Strong investigative and analytical skills
- Experienced in mentoring & coaching
- Ability to make sound judgment and manage risk
- Developed procedural materials
- Regulatory Compliance
- Workflow Analysis
- Process Enhancement
- Risk Mitigation
- Documentation and Reporting
- Continuous Improvement
- Risk Analysis
- Team Collaboration and Leadership
- Trend Analysis
- Industry Knowledge
- Decision Making
- Report Writing
- Risk Assessment
Timeline
Senior Financial Crimes Analyst
Varo Bank, N.A.
04.2021 - Current
BSA/AML Compliance Analyst
Zions Bancorporation, N.A.
07.2016 - 04.2021
Financial Crimes Analyst - Fraud Detections Team Lead
Wells Fargo Bank, N.A.
05.2014 - 06.2016
Financial Crimes Specialist III -Fraud Detections
Wells Fargo Bank, N.A.
04.2012 - 05.2014
Financial Crimes Specialist II
Wells Fargo Bank, N.A.
08.2010 - 04.2012
Associate of Science - General Studies
Salt Lake Community College
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