Kenneth Whitman
Brooklyn,NY
Summary
Accomplished Senior AML Investigator with a solid seven-year background in conducting comprehensive investigations and crafting precise Suspicious Activity Reports (SARs). Expertise in advanced investigation techniques that apply to both blockchain and traditional financial products, ensuring a holistic approach to financial crime prevention. Skill set extends to quality control, transaction monitoring, and unwavering regulatory compliance. Particularly well-versed in steering, training, and empowering cross-functional teams to work cohesively toward common objectives and shared visions, ensuring collective success.
Overview
9
9
years of professional experience
Work History
Compliance Manager
Ramp
12.2023 - Current
- Directed the creation and refinement of BSA/AML transaction monitoring rules across various product lines, including Bill Pay, Credit Card, Stored Value, and Flex (Loan), significantly enhancing the detection of suspicious activities.
- Cultivated strong relationships with external financial institution partners and regulators, resulting in smoother audit processes and increased trust from regulatory bodies.
- Executed intricate investigations and contributed to the development of the Suspicious Activity Report (SAR) and Unusual Activity Report (UAR) processes, optimizing overall investigative efficiency
- Developed and strengthened comprehensive policies and procedures for KYB/KYC, Sanctions, AML, Enhanced Due Diligence, and Customer Risk Rating Methodology, leading to improved regulatory compliance.
- Partnered with Risk, Fraud, and Legal teams to streamline KYC/B onboarding processes, enhance communication across departments, and align on key regulatory practices.
Compliance Senior Associate
FanDuel
06.2023 - 11.2023
- Demonstrated expertise in crafting, reviewing, and submitting precise and thorough SARs in compliance with regulatory requirements specific to the sports betting sector
- Ensured SARs were filed accurately and promptly.
- Generated monthly reports encompassing key SAR metrics, including the volume of filed SARs, types of suspicious activities reported, investigative outcomes, and trends analysis.
- Collaborated closely with legal, compliance, and operational teams to streamline SAR-related processes within the sports betting domain.
Senior AML Investigator
Dapper Labs
11.2021 - 02.2023
- Spearheaded AML investigations in a blockchain-centric environment, focusing on Non-Fungible Token (NFT) transactions and Web3 applications
- Utilized blockchain analysis tools and decentralized finance (DeFi) platforms to identify potential risks and illicit financial activities.
- Played a pivotal role in the development and implementation of a robust Anti-Money Laundering (AML) program, collaborating with cross-functional teams to define policies, procedures, and risk assessment frameworks tailored to the unique demands of the NFT and Web3 ecosystem.
- Maintained current knowledge of regulatory changes and emerging AML guidelines in the blockchain and NFT space
- Ensured company-wide compliance with relevant regulations and reporting obligations.
- Employed advanced blockchain analytics to trace cryptocurrency flows and identify potential money laundering, fraud, and terrorist financing activities
- Provided expert analysis for legal and regulatory purposes.
Senior Financial Crimes Investigator
Paxful Inc
09.2020 - 11.2021
- Conducted comprehensive investigations into financial crimes within the cryptocurrency space, employing blockchain analysis tools (Chainalysis, Jumio, and Acuant Compliance) and techniques to trace transactions, identify illicit activities, and ensure compliance with regulatory requirements.
- Collaborated with internal and external stakeholders, including blockchain experts, cybersecurity teams, and law enforcement agencies, to share information and enhance investigation outcomes.
- Provided training and guidance to colleagues on the intricacies of cryptocurrency investigations and emerging threats in the crypto space.
- Proficiently prepared and filed Suspicious Activity Reports (SARs) in accordance with regulatory requirements and guidelines for cryptocurrency transactions.
Associate – AWM Risk Control Manager (2019 – 2020)
JPMorgan Chase & Co
01.2019 - 09.2020
- Optimized business operational efficiency by identifying core issues for common, recurring control weaknesses, and offering strategic insights based on research findings.
- Offered expert-level support, guidance, and assistance to senior management professionals across diverse regulatory initiatives, encompassing tasks such as updating procedures, pinpointing control gaps, and proposing effective solutions.
- Delivered dynamic PowerPoint presentations covering monthly Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs), providing updates on action plans, and addressing potential issues for monthly Risk forums.
Associate – AML Investigator/Assistant Team Manager (2016 -2019)
JPMorgan Chase & Co
04.2016 - 09.2020
- Conducted complex AML investigations, including transaction analysis, customer due diligence, and suspicious activity reporting for Private banking, Retail banking, and Correspondent banking.
- Diligently carried out thorough Sanctions and OFAC investigations to ensure compliance with regulatory requirements, identifying and reporting any potential violations while mitigating risks for the organization.
- Developed and delivered comprehensive AML training programs for team members, ensuring up-to-date knowledge of regulatory requirements and best practices.
- Reviewed and approved SAR filings, ensuring accuracy and completeness while adhering to regulatory guidelines, thereby facilitating the timely reporting of suspicious activities and enhancing the organization's compliance efforts in accordance with AML regulations.
Education
MBA - Business Management
Wagner College
Staten Island, NY05.2015
Bachelor of Science - Accounting
Wagner College
Staten Island, NY05.2014
Skills
- Research proficiency
- Reporting skills
- Investigations expertise
- Regulatory knowledge
- Compliance protocols
- Regulatory understanding
- Documentation skills
- Compliance Monitoring
- Risk Analysis
- Regulatory compliance oversight
- Fair Lending
- UDAP
- Marketing Compliance
Timeline
Compliance Manager
Ramp
12.2023 - Current
Compliance Senior Associate
FanDuel
06.2023 - 11.2023
Senior AML Investigator
Dapper Labs
11.2021 - 02.2023
Senior Financial Crimes Investigator
Paxful Inc
09.2020 - 11.2021
Associate – AWM Risk Control Manager (2019 – 2020)
JPMorgan Chase & Co
01.2019 - 09.2020
Associate – AML Investigator/Assistant Team Manager (2016 -2019)
JPMorgan Chase & Co
04.2016 - 09.2020
Bachelor of Science - Accounting
Wagner College
MBA - Business Management
Wagner College
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