Jeffrey Fulkerson
Holly Springs,NC
Summary
Highly motivated and results-oriented professional with 16 years of experience and success in BSA/AML compliance. Consistently demonstrated abilities to investigate financial crimes, provide meaningful internal assessment feedback, and quickly learn new tasks and responsibilities. A candidate with strong written communication and critical thinking skills with a passion for mitigating BSA/AML risk. Looking for an opportunity to contribute compliance expertise and drive to a dynamic organization for continued growth.
Overview
17
17
years of professional experience
Work History
Financial Intelligence Unit (FIU) Group Lead
Truist
02.2017 - 09.2021
- Collaborated with select FIU Internal Assessments Team members in this position. Proved successful working within tight deadlines and fast-paced atmosphere.
- Conducted internal assessments of the policies, work flows, investigation documentation, and case decisioning for all BB&T FIU teams, which included AML Investigations, OFAC, and Enhanced Due Diligence (EDD). Findings were presented to both the respective FIU team managers and to FIU Management.
- Used critical thinking to break down problems, evaluate solutions and make decisions. Identified process inefficiencies and procedural gaps among various FIU teams. Findings were presented to both team managers and to FIU Management.
- Performed a comprehensive comparison of BB&T and Suntrust FIU policies and procedures during the period leading up to the merger of the two financial institutions to form Truist. Comparisons were presented to both FIU Management and to Financial Crimes Program executives.
- Demonstrated willingness to help wherever needed. Assisted various overburdened FIU teams (e.g., AML Investigations and SAR Review Team) by conducting investigations and reviewing case documentation.
- Evaluated test cases during lengthy User Acceptance Testing (UAT) role prior to two system introductions.
- Performed numerous other client transaction reviews, alert suppression reviews, systems testing, document reviews, data aggregation, etc. as directed by FIU Management to fulfill both specialty business needs and examiner requests.
- Quickly learned new skills and applied them to daily tasks, improving efficiency and productivity.
- Carried out day-day-day duties accurately and efficiently.
BSA/AML Risk Assessment Analyst II
BB&T
11.2013 - 02.2017
- Conducted BSA/AML and OFAC risk assessments for in-scope BB&T business units, subsidiaries, and affiliates to identify and mitigate gaps in BSA/AML- and OFAC-related controls.
- Reviewed various BB&T business units’ policies and procedures to understand and assess the adequacy of efforts to mitigate the risks associated with money laundering, terrorist financing, and other financial crimes.
- Created white paper reports for each in-scope business unit to detail the risk assessment results for the consumption of business unit managers, the BB&T Senior Leadership Team, BB&T Executive Management, internal audit services, and bank examiners.
Anti-Money Laundering Analyst III
BB&T
03.2005 - 11.2013
- Employed a variety of research tools and techniques (e.g., AML alert solution, Internet searches, LexisNexis, World-Check, etc.) to compare client transactions against well-known suspicious financial behaviors and federal BSA/AML regulations to determine if alert-generated activities reflected reportable suspicious activity or terrorist financing.
- Created Suspicious Activity Reports (SARs) to report suspicious financial transactions to FinCEN of the U.S. Department of Treasury.
- Served as a Production Manager (8/2007 to 9/2010) for a team of six anti-money laundering investigators to assist with investigation support, aid in determining necessity of SAR filings, and edit SAR narratives prior to transmission to FinCEN.
Education
Bachelor of Arts - Communications
University of Missouri
Columbia, MOSkills
- Risk Management
- Financial Risk
- Due Diligence
- Risk Assessment
- AML
- Fraud
- OFAC
- Banking Process Improvement
Accomplishments
- Supervised team of six staff members.
- Awarded BB&T AVP - August 2008
- Awarded BB&T Banking Officer - December 2006
Timeline
Financial Intelligence Unit (FIU) Group Lead
Truist
02.2017 - 09.2021
BSA/AML Risk Assessment Analyst II
BB&T
11.2013 - 02.2017
Anti-Money Laundering Analyst III
BB&T
03.2005 - 11.2013
Bachelor of Arts - Communications
University of Missouri
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