NANCY NWACHI

Responsibilities

Fraud

• Investigate and research cases of identified fraud, fraud loss, or suspicious events to identify fraud rings and patterns, assist victims in resolving fraud events, and denying fraud claims identified as false through investigation
• Thoroughly investigate cases of potential and suspected fraud to determine validity of claims.
• Perform independent, comprehensive, investigative reviews related to financial fraud types like Identity Theft, Payment Fraud, Elder Financial Abuse etc.

BSA/AML

• Determine risks associated with customer types when engaged in customer due diligence while Collecting, analyzing, and safeguarding sensitive information concerning the customers, institution and businesses.
• Conduct transaction monitoring of assigned accounts to assess potential suspicious activity on the account, such as money laundering, terrorism financing and any other possible financial crimes activity.
• Manage complex AML investigations and high-profile cases.
• Responsible for preparing and sending clear and concise emails requesting information/ documentation from account officers to substantiate changes in account activity patterns.
• Adhere to and comply with all applicable, federal and state laws, regulations and guidance, including those related to Anti-Money Laundering (i.e. Bank Secrecy Act, 314(a) / 314(b) USA PATRIOT Act, etc.), as well as adhering to company policies and procedures and client requirements.

SAR Filing

• Determine whether a SAR should be filed on bank policies and
  procedures and a review of the facts.
• Prepares Suspicious Activity Reports (SAR's) in an accurate and timely manner for Management review and approval.
  

Responsibilities
Fraud

• Review and evaluate fraud prevention rules and algorithms to ensure they
  are effectively detecting and preventing device fraud
• Conduct investigations into suspected cases of device fraud, account take
  -over, depository fraud, check fraud, Ach fraud, Debit and Credit card
  fraud etc. gather evidence, and prepare detailed reports documenting
  findings and recommended actions.
• Monitor real-time transactions for potential fraudulent activities.
  Analyze data to identify patterns and trends indicative of fraud.
  Investigate suspicious transactions and activities, and take appropriate
  action.
• Prepare detailed reports on fraud trends, incidents, and overall risk
  landscape.
• Collaborate with cross-functional teams to identify areas for improvement
  in fraud prevention processes, systems, and procedures as well as support
  them in customer fraud cases and escalations
• Stay informed about emerging fraud trends, techniques, and technologies,
  and proactively identify new fraud threats and vulnerabilities
  Risk.
• Ensure compliance with existing risk and control structure while driving
  future enhancements to risk and control structure.
• Critically assess fraud-risk trends to uncover gaps in fraud tools and
  develop new ways of combatting the fraud
  Provides accurate and concise results and presents findings,
  recommendations
• Conduct regular risk assessments to identify vulnerabilities and threats.
  Analyze data using Excel / Sheets to identify trends, anomalies, and
  patterns indicative of fraudulent activity
  KYC
• Ensure compliance with anti-money laundering, including Know Your
  Customer (”KYC”) and gaming regulations, as well as the integrity of our
  games and contests by monitoring activities that may violate our terms of
  service.
• Partner with the Customer Support team to develop and implement
  protocol and training for reviewing and resolving support issues
  pertaining to identity verification, (CIP) document authentication, user
  deposits / withdrawals, chargebacks, suspicious user behavior, and
  investigations.

Responsibilities

• Develop and possess a working knowledge of fraud detection and current AML trends.
• Perform customer identification and background checks and keep records of transactions for compliances purposes.
• Monitor OFAC, negative news, and Financial Crimes Enforcement
  Network alerts against client base.
• Perform customer identification and background checks.
• Guarantee accurate fraud reporting for fraudulent activity and notify management of key developments (fraud trends) and potential issues (fraud detection/prevention).
• Perform enhanced due diligence and risk assessments on new customers and periodic reviews, as necessary.
• Conduct appropriate due diligence related to potential suspicious activity through the reviewing of client background information, reviewing of securities transactions, and fund movements, as necessary.
• Review and analyze potential suspicious activity generated by alerts from an AML software system, reports, notifications, and other sources.
• Draft and prepare Suspicious Activity Reports as appropriate and exhibit ownership of KYC/AML experience
• Effectively communicate with client's and other lines of business as
  necessary to confirm or obtain information.