Jacob Stiegemeyer
Denver
Summary
Highly motivated and adaptable financial compliance professional with roughly seven years of experience in the banking and financial compliance industry, having worked as an Anti-Money Laundering (AML) analyst, senior analyst, and in a team lead capacity, in which I successfully managed a team of analysts through a variety of workstreams, which resulted in client success and contract extensions. Extensive background in the financial compliance industry, having conducted a wide variety of back-office reviews, including thousands of transaction monitoring reviews, hundreds of case investigations resulting in the filing of suspicious activity reports (SARs), as well as Enhanced Due Diligence (EDD) reviews for high-risk clients. Additionally, experience with work in fraud prevention and investigations, as well as legal compliance for additional workstreams, having worked successfully with a range of financial institutions, from money-service businesses (MSBs) to regional and national U.S. banks. Strong interpersonal skills, quick learning, and an ability to influence others, with a focus on team cohesiveness and success.
Overview
7
7
years of professional experience
Work History
BSA/AML Team Lead
IBM
05.2024 - Current
- Managed team of production AML analysts for regional banking client, achieving positive regulatory assessments and securing contract extensions in a timely manner.
- Led team through complex, fast-paced, and highly regulated environment, completing diverse workstreams such as case investigations, Enhanced Due Diligence reviews for high-risk clientele as well as fraud investigations and fraud triage assignments.
- Collaborated with client leadership to optimize BSA/AML and fraud programs.
- Developed training programs for junior and senior analysts, ensuring successful workstream ramp-up and operational continuity.
- Provided ongoing leadership and guidance to enhance professional development and ensure timely task completion.
- Oversaw daily administrative duties, including time management and billing processes for the team.
Anti-Money Laundering Analyst II
IBM
05.2021 - 05.2024
- Worked with a range of institutional clients, from MSBs to national banks, in multiple workstream capacities, to optimize their BSA/AML and fraud programs.
- Successfully conducted hundreds of reviews across a broad range of workstreams, including, but not limited to, case investigation, SAR filing, EDD reviews for high-risk clients, transaction monitoring, fraud triage, and fraud SAR filings, all while maintaining excellent quality and exceeding timeliness expectations.
- Assisted team members and management by conducting side-by-side training sessions for new team members, acting as a consistent and knowledgeable resource for day-to-day inquiries, and taking on additional administrative tasks such as data reporting to clients.
Anti-Money Laundering Analyst
IBM
05.2019 - 04.2021
- Conducted thousands of alert reviews, analyzing transaction patterns to identify potential money laundering and fraud risks for multiple clients, including MSBs and regional banks.
- Identified areas of improvement within existing processes and procedures.
- Assessed customer risk profiles in order to develop effective strategies for mitigating money laundering risks.
- Wrote and filed hundreds of Suspicious Activity Reports in compliance with federal anti-money laundering requirements.
Research Specialist
NuTech Information Systems
08.2018 - 05.2019
- Investigated and implemented changes to thousands of database inaccuracies.
- Conducted open-source research on corporate actions and determined steps necessary to accurately reflect these in client data.
- Coordinated with analysts around the world to ensure that company data aligned with real-time market changes.
- Temporary role at S&P Global
Education
BBA - Business Economics
Ohio University
US05-2018
Skills
- Skilled in working under pressure in a fast-paced environment
- Highly adaptable to changing business needs and associated challenges
- Proven leadership skills, with an ability to influence others
- Exceptional analytical, critical thinking, and problem-solving skills
- Organization and time management skills
- Practical knowledge of the banking and financial industry, with a focus on regulatory compliance in the fraud and BSA/AML space
- Excellent verbal and written communication skills, with the ability to thrive in client-facing roles as well as in internal staff communications
- Proven track record of success in a variety of BSA/AML capacities, from junior to senior, and management-level roles
Languages
English, Fluent
References
References available upon request.
Timeline
BSA/AML Team Lead
IBM
05.2024 - Current
Anti-Money Laundering Analyst II
IBM
05.2021 - 05.2024
Anti-Money Laundering Analyst
IBM
05.2019 - 04.2021
Research Specialist
NuTech Information Systems
08.2018 - 05.2019
BBA - Business Economics
Ohio University