JACKSON ABANG
Aubrey
Summary
Strategic and Operational Risk/Regulatory
Analyst with over 7 years of experience identifying key problem drivers and reinforcing operational procedures with internal controls. Employs strong process management and process improvement skills to handle multiple priorities and deliver quality results within tight deadlines. Skilled in using rigorous logic and strategic methods to drive analytical insights from data
Excel at interfacing with others at all levels to ensure organizational goals
are attained. Possess excellent interpersonal, analytical, and organizational skills.
Overview
10
10
years of professional experience
Work History
Operational Risk/Regulatory Analyst
Charles Schwab
05.2022 - Current
- Investigated allegations to check validity and recommend actions to minimized risk.
- Coordinated client compliance and due diligence requests to facilitate quality assurance and internal audits.
- Developed metrics that provided data for process measurement to identify for future improvement opportunities.
- Developed risk assessment matrices and templates to increase visibility of risks and facilitate decision making.
- Conducted meetings and generated reporting to support risk monitoring and management.
- Implemented and managed controls to comply with laws and regulations, agreements and SOPs.
- Implemented risk avoidance and mitigation strategies to eliminate hazards, activities and exposures that could negatively impact organizational assets.
- Conduct product Due Diligence (PDD) reviews and summarized client’s transactional activities.
- Support Managers and Team Leads with complex investigations through gathering data/or documentation.
- Participate in compliance reviews of business unit and review quality assurance procedures and controls.
- Strong attention to detail, analytical thinker with great writing and communication skills.
- Work independently with assigned tasks and displayed strong collaboration and team work.
- Collaborated on implementation of collections strategies with collections, risk and fraud team.
- Conduct business with respect for sensitivity to risk matters and ability to act in a diplomatic way and build strong partnerships with internal business units.
- Reviewed, analyzed and summarized client and product risks (High, Medium and low Risk clients and product.
- Taking action to raise concerns, address issues, and champion risk management.
- Investigate and assessed entities and clients that were deemed as “high risk” relating to potential money laundering risks in the organization.
- Review and analyzed International local Due Diligence addendum as it relates regulations concerning specific countries.
- Ensuring effective control are in place to manage Risk and threats.
- Applying the See it, check it, say it set of risk management activities to manage risk across business.
- Identify and interpret new existing laws, regulations and other guidance that impact the business unit and its customers and serve as a resource for the implementations of resulting compliance changes and training.
- Perform other job-related duties or special projects as required.
AML/Fraud Analyst
Prosperity Bank
10.2019 - 03.2022
- Conduct transactional monitoring to identify suspicious activities and escalate for further investigation
- Stay current with money laundering and terrorist financing behaviors, issues, policies, regulations, criminal typologies, industry best practices and development trends
- Reviewed reports and individual transactions which appeared suspicious to uncover possible fraudulent activity.
- Performed risk assessments to determine level of fraud risk and prioritize investigations.
- Evaluate customer data to identify and prevent fraudulent activities
- Review large data sets and summarize using the Pivot Table
- Conducted forensic analyses of financial records to identify fraudulent activity and accurately report findings.
- Established and maintained positive working relationships with external law enforcement agencies to support fraud investigations.
- Fraud, (Credit card fraud, Counterfeit credit card fraud, Account takes overs), first person fraud, Fraud App/identity theft, financial mismanagement etc
- Review System generated alerts, to determine the suspicious activity triggered for, escalate the alert, if need be, for further review or closed as justify No
- Investigate violations of AML norms that may warrant hot-listing or close down account and use CIP to differentiate between victim and perpetrator of fraud
- Patriot Act, Bank Secrecy Act, AML, OFAC, and other AML regulatory policies as it relates to cases and alerts been reviewed
- Evaluate transactions and customer relationships based on established protocols
- Identify data anomalies and reg flags for money laundering, terrorist financing, fraud, and sanctions violations, and escalate for second level review
- Experience with fraud typologies, such as Third-party
- Analyzed Anti Money Laundering risk of the primary and related parties associated with cases under review
- Collect and document data, including alert, investigation, or Suspicious Activity Report (SAR) history; Know Your Customer (KYC) information; relevant account and transaction data; plus, any other required information to assist investigation
- Performed Due Diligence using Lexis Nexis, Google, World Check
- Perform other assign projects with a timely manner
- Patriot Act, Bank Secrecy Act, AML norms that may warrant hot-listing or close down account and use CIP to differentiate between victim and perpetrator of fraud
- Manage a case load of Investigations, perform analysis and follow-up and work cases from beginning to completion
- Create reviews, and updates compliance policies and procedures
- Analyze and evaluate documents and findings and dealing with risk cases and taking decisions to retain or escalate
- Research client information using screening tools such as Lexis Nexis, IAPD, Broker Check, Pacer etc.
AML Investigator Analyst
United Texas Bank
07.2017 - 09.2019
- Remote)
- Monitor all financial transactions/activities through Transaction Monitoring (Automated Tool) AML system
- Created Cases on Automated Tool that led to Request for Information (RFI) to first line of defense for alerts requiring further investigation
- Ensure risks associated with business activities are optimally identified, measure, supervised, and control
- Perform searches utilizing internet sources and/or third-party vendors to determine negative new and obtain Due Diligence information for prospects and new/existing customers
- Analyze customer data, Transactional activity, and open-source information to determine legitimacy and potential risk exposure
- Analyzed and evaluate KYC/CDD documents and findings and dealing with risk cases and taking decisions to retain or escalate
- Supplied proof that false positives were proven to be correct and updated Actimize
- Research client information using screening tools such as Lexis Nexis, Google
- Pacer, etc
- Identifying PEPs Suspicious activities, and mitigating them as required by FinCen guidelines
- Reviewing and updating KYC files with missing and updated information to satisfy compliance requirements
- Extensive knowledge/understanding of CDD.EDD, and SDD
KYC Compliance Analyst
Union Bank
08.2013 - 06.2016
- In Office )
- Facilitating client onboarding by ensuring that client meets KYC requirements before being onboarded
- This includes Domestic and International entities/clients
- Performed user acceptance testing for KYC application and KYC remediation projects
- Review client’s KYC profile as per regulatory and internal standards
- Review new accounts to ensure appropriate identification and monitored currency transaction log
- Conduct initial review of KYC files for new and existing clients and ensure it adheres with bank's customer identification programmed
- Exceeded goals through effective task prioritization and great work ethic.
Education
B.sc - Business Administration
Leads University
2007
Skills
- Strong Verbal and written communication
- Strong organizational, problem-solving, and analytical skills
- Compliance, Audit, and Investigation
- Microsoft Excel
- Microsoft Words
- LexisNexis,
- Risk Assessment Analyst
- Control Testing
- Advanced Excel Spreadsheet Functions
- Customer Due Diligence (CDD)
- Enhanced Due Diligence (EDD)
Timeline
Operational Risk/Regulatory Analyst
Charles Schwab
05.2022 - Current
AML/Fraud Analyst
Prosperity Bank
10.2019 - 03.2022
AML Investigator Analyst
United Texas Bank
07.2017 - 09.2019
KYC Compliance Analyst
Union Bank
08.2013 - 06.2016
B.sc - Business Administration
Leads University
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