Summary
Overview
Work History
Education
Skills
Timeline
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Mercy Besong

Mercy Besong

Dallas,TX

Summary

Compliance Analyst/SAR Writer with over 6 years of experience in the Anti-Money Laundering and Terrorism, AML laws and regulations such as the US Patriot, OFAC, BSA, CDD, KYC. Proficient in Suspicious Activity Reports (SARs) writing, Continuous Activity Reports (CAR) and preparation of Government Subpoena documents including CDD, EDD and OFAC/Watch List/PEP.

Overview

7
7
years of professional experience

Work History

AML Financial Crimes Compliance Analyst

Wells Fargo
11.2024 - Current
  • Conduct AML Transaction Analysis and help identify potentially suspicious activity
  • Perform sanctions, Politically Exposed Persons ("PEP") and negative media screening
  • Conduct AML Know Your Customer ("KYC") customer file review and refresh
  • Filed Suspicious Activity Reports (SARs) originating from various investigation units including correspondent banking, retail banking, sanctions, fraud and compliance to fincen
  • Monitors, tracks, and identifies suspicious activities and trends through various systems/applications
  • Researching financial statements and documentation needed for Customer Identification Program ("CIP") validation
  • Independently perform assigned investigations including 90-day reviews, and provide analysis and documentation as needed.
  • Documenting and escalating Customer Due Diligence ("CDD") and Enhanced Due Diligence ("EDD") information for Client cases
  • Maintain current knowledge and consistent compliance with regulations and bank policies and procedures related to the position, including but not limited to Bank Secrecy Act (BSA) and Office of Foreign Assets Control (OFAC) requirements, industry best practices, criminal typologies and developing trends
  • Maintain a thorough knowledge of other areas of banking (consumer banking, wire transfers, lending) to adequately assess client activity
  • Prepared regulatory reports, Requests for Information (RFI), patriot act 314(b) requests, and SARs (suspicious activity reports).
  • Ensuring efficient identification and monitoring of suspicious activities and transactions.

Senior Compliance Analyst

Coinbase
01.2023 - 10.2024


  • Prepared documentation and referrals for Suspicious Activity Reports (SAR), Identity Theft Operations, and financial abuse cases for government agencies, providing recommendations to management.
  • Performed investigative research and root cause analysis on complex financial crimes, policy violations, and high-risk suspicious activities.
  • Analyzed transactional patterns, trends, anomalies, and schemes across multiple business lines or products.
  • Conducted AML alert and case reviews, mitigating risks related to financial crimes and suspicious activity in compliance with regulatory standards.
  • Performed end-to-end transaction monitoring, meticulously reviewing potential illegal or suspicious activity across multiple jurisdictions.
  • Analyzed customer profiles and transaction patterns to identify deviations from normal purchasing/payment behavior, ensuring adherence to Acceptable Use Policies and KYC standards.
  • Completed time-sensitive investigations into potential money laundering activities, ensuring regulatory compliance and effective risk mitigation.
  • Documented findings in a clear and concise narrative format, maintaining detailed case records in manual and automated case management systems.
  • Collaborated with cross-functional teams to escalate high-risk cases and make determinations for Suspicious Activity Report (SAR) filings as necessary.

AML Compliance Analyst

K & S Financial Services
01.2018 - 12.2022
  • Resolved surveillance items flagged as high-risk transactions and exceptions without error
  • Inform Compliance Officer of the existence of a subpoena and the nature of the investigation
  • Performed timely verification of questionable transactions, drafted SAR filings and NO SAR Filings
  • Conducted due diligence searches in various third-party and internal database review and detect suspicious activities based on a variety of AML Systems generated transactional alerts from transactional activity
  • Compiled and analyzed data of alerts; investigated SAR (suspicious activity reports) history, KYC information, account transactions and other items relevant to investigations
  • Developed analytical summaries/abstracts of suspicious accounts with accurate, verifiable data and supporting documentation, along with reasonable cause to advance investigations
  • Prepared and presented disposition recommendations based on available information
  • Completed due diligence investigations using public and private database under Anti Money Laundering (AML), BSA and other regulatory standards to assist business units and prevent operational and reputational risks.

Education

MBA - General Studies

Alabama State University
Montgomery, AL
12-2024

Bachelor of Science - Accounting

Alabama State University
Montgomery, AL
12-2018

Skills

  • Lexis Nexis
  • MS Office
  • Customer Risk
  • System Monitoring
  • Anti Money Laundering (AML)
  • US Treasury AML Guidelines
  • Conducting Reviews
  • Fraud Detection
  • Transaction Monitoring
  • Document Verification
  • Financial Documentation
  • USA Patriot Act
  • Financial Analysis
  • Attention to detail

Timeline

AML Financial Crimes Compliance Analyst

Wells Fargo
11.2024 - Current

Senior Compliance Analyst

Coinbase
01.2023 - 10.2024

AML Compliance Analyst

K & S Financial Services
01.2018 - 12.2022

MBA - General Studies

Alabama State University

Bachelor of Science - Accounting

Alabama State University

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Mercy Besong