Joshua Loh
Senior AML Due Diligence Analyst
Irvine,CA
Summary
AML (Anti-Money Laundering) analyst with 9 years of broad banking experience. A goal driven, self-starter with demonstrated strengths in multi-tasking and prioritizing assignments. Always eager to learn and apply new knowledge to improve work processes. Adept at problem solving and able to work well in a team or individually, with minimal supervision.
Overview
12
12
years of professional experience
1
1
Certification
Work History
Senior AML Due Diligence Analyst
Pacific Premier Bank
Irvine, CA
12.2020 - Current
- Review results from the output of the new customer risk scoring tool to identify new high-risk customers that need to be scheduled for a 90-day Enhanced Due Diligence review.
- Conduct 90-Day New high-risk customer EDD reviews to determine if activity is reasonable based on the nature of the business and is consistent with the CDD/expected activity information collected at account opening. Based upon analysis of activity, make recommendations if ongoing high-risk activity monitoring is required.
- Conduct a review of the quarterly Rules Based Risk Rating (RBRR) results and assess account(s) that scored at or above the high risk threshold to determine if the entity/customer qualifies as high-risk and is subject to ongoing high-risk monitoring and Enhanced Due Diligence reviews.
- Analyze and review complex account relationships, including a holistic review of customer relationships, transactions, and customer provided information to support and recommend appropriate risk-based business actions to be taken concerning client relationship onboarding or ongoing monitoring; escalating suspicious activity as necessary.
- Perform Customer Risk Reviews (CRR) to analyze transactions and to identify issues or trends and develop a conclusion on the reasonableness of the prospective customer’s controls, activity, and business structure in order to determine if the prospective customer is within the bank’s risk appetite.
- Complete written report of findings, which includes a comprehensive detail, pivot tables, narrative, and recommendations.
- Maintain a thorough understanding of money laundering, financial crime, and terrorist financing typologies and predicate offenses for money laundering and apply that understanding in analyzing customer transactions and behaviors to identify activity consistent with the typologies.
- Maintain a thorough understanding of the BSA/AML KYC, CDD, EDD requirements and OFAC Sanctions compliance requirements.
- Keep management apprised of issues or emerging risks.
Anti-Money Laundering Analyst
Cathay Bank
Los Angeles, CA
02.2017 - 12.2020
- Maintain current knowledge of the Bank Secrecy Act and related anti-money laundering and OFAC regulations.
- Review various reports utilized by the FCIU Department for purposes of completing daily activities.
- Perform review of related transactions to assist in determining if activity warrants further customer review or referral for potential investigation.
- Conduct OFAC screening and research on new, existing, and potential customers, identifying potential matches and escalating to management.
- Analyze complex data and make reasonable recommendations for action to be taken.
- Completely and accurately document the steps taken through the investigation process.
- Clear Alerts and Cases generated by Anti-Money Laundering software in accordance with established procedures in a timely manner.
- Communicate with branch/lending employees to obtain information related to their client's transaction activity.
- Prepare Suspicious Activity Reports (SARs) and investigation reports in compliance with established regulatory guidelines and time frames.
- Perform EDD (Enhanced Due Diligence) reviews on high-risk customers.
- Execution and/or implementation of processes and initiatives.
- Work with internal FCIU groups to ensure consistent understanding of requirements.
KYC Associate
State Street Fund Services Singapore
Singapore
04.2016 - 12.2016
- Review corporate documents for clients.
- Collect required Anti-Money Laundering/Know-Your-Customer information covering various clients/legal entities.
- Perform client Screenings via World check and Factiva.
- Coordinate and work with Global Investor Service Groups for Know-Your-Customer compliance.
Client Service Officer
The Hong Kong And Shanghai Banking Corporation Limited
Singapore
04.2015 - 12.2015
- Review credit applications, documentation, client presentations, client calls, planning, and reports.
- Support the relationship manager in organizing legal documents and updates.
- Liaise with the KYC team and clients on regulatory requirements and client maintenance.
- Assist with World-Check and other Customer Due Diligence procedures.
Credit Product Delivery Analyst
J.P Morgan Global Corporate and Investment Bank
Singapore
10.2014 - 03.2015
- Primary point of contact and escalation across the end-to-end deal life-cycle, including onshore, offshore, and cross-border deal coordination.
- Track handoffs, process and timing requirements, metrics, and reports.
- Client query resolution.
- Coordination of legal documentation covering various lending products.
- Manage the execution of credit facility letters, deal closing process.
- Work across functional areas to ensure all operational, financial, and technology risks follow policy and procedure.
Equity Derivatives Operations Analyst
Barclay's Bank PLC
Singapore
02.2014 - 09.2014
- Affirm, review, and negotiate through to the execution of ISDA confirmations with clients covering Over-The-Counter Equity products.
- Serve as point of contact for internal queries with respect to confirmations and documentation issues.
- Gain proficiency in various booking processes, reporting and developing in-depth knowledge of the ISDA definitions and products.
Derivatives Documentations Analyst
Morgan Stanley Asia
Singapore
05.2010 - 12.2013
- Draft structured trade confirmations for Credit and Interest Rate Derivatives.
- Book and affirm trades on MarkitWire.
- Resolve any confirmation language discrepancies and template issues.
- Manage and monitor the Credit Event life-cycle.
- Point of contact for internal queries regarding trade confirmation templates and documentation issues.
- Work with the project management team on new internal documentation systems.
- Generate daily, weekly, and monthly reports for regional senior management.
- Perform quality control on SSIs (Standard Settlement Instructions) for FID (Fixed Income) and Equity trades.
Education
Bachelor of Science - Finance
University College Dublin
2010
Diploma - Electronics and Computer Engineering
Ngee Ann Polytechnic
2000
Skills
- Languages: Native in English, Proficient in Mandarin and Cantonese
- Computer Skills: Proficient in Microsoft Word, Excel, PowerPoint, OneNote
- Independent and motivated individual who works well under pressure, and adaptable to changes
- Enjoys good rapport with supervisors, teammates and clients
- Independent, resourceful, meticulous, well-organized
Certification
- Certified Anti-Money Laundering Specialist (CAMS)
Timeline
Senior AML Due Diligence Analyst
Pacific Premier Bank
12.2020 - Current
Anti-Money Laundering Analyst
Cathay Bank
02.2017 - 12.2020
KYC Associate
State Street Fund Services Singapore
04.2016 - 12.2016
Client Service Officer
The Hong Kong And Shanghai Banking Corporation Limited
04.2015 - 12.2015
Credit Product Delivery Analyst
J.P Morgan Global Corporate and Investment Bank
10.2014 - 03.2015
Equity Derivatives Operations Analyst
Barclay's Bank PLC
02.2014 - 09.2014
Derivatives Documentations Analyst
Morgan Stanley Asia
05.2010 - 12.2013
Bachelor of Science - Finance
University College Dublin
Diploma - Electronics and Computer Engineering
Ngee Ann Polytechnic
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