Nnamdi Obasi
Charlotte,NC
Summary
Versatile financial analyst, AML, and fraud investigator with over 7 years of robust due diligence experience. Specialized in regulatory compliance, AML, KYC, CDD, EDD, and OFAC, committed to safeguarding the financial system from the threats of financial crime, including money laundering and illicit activities. Adept at preparing comprehensive reports for suspicious activity, monitoring customer alerts to detect potential fraud, money laundering, and terrorist financing activities, and providing strategic recommendations. Dedicated to ensuring financial institutions remain compliant and protected from the consequences of non-compliance.
Overview
8
8
years of professional experience
Work History
Fraud Investigator
USAA Bank
Charlotte, NC
06.2023 - Current
- Streamline SARs and CTRs reporting process, reducing reporting time by 25%.
- Enhance NFA Reports accuracy by 30% through ongoing review protocol, optimizing resource allocation.
- Utilize advanced analytics, achieving a 28% reduction in identity fraud incidents.
- Prioritize and manage diverse financial crime cases, successfully closing cases with high-quality metrics.
- Develop expertise in criminal methods, AML, and fraud typologies, contributing to a 23% increase in early detection of financial crimes.
- Provide expert support in internet/electronic fraud, actively participating in threat hunting and incident response.
- Analyze financial statement data with advanced techniques, improving the accuracy of financial crime assessments.
- Collaborate with external agencies such as banks, credit card companies, law enforcement., when necessary.
- Participate in meetings with senior leadership team to discuss potential risks associated with current trends in fraud detection.
- Conduct interviews with customers to gather information on suspected cases of fraud.
AML Compliance Analyst
USAA Bank
Charlotte, NC
01.2022 - 06.2023
- Improved investigation efficiency by 30%, managing 5-7 daily alerts, strengthening early detection for financial crimes, and enhancing threat response and compliance efforts.
- Investigated fraud referrals, minimizing risk and resolving inquiries.
- Analyzed international and domestic wire transfers for suspicious activity, focusing on terrorist financing and money laundering, enhancing the detection of high-risk transactions.
- Reviewed negative news and OFAC/Watch List/PEP alerts, conducting thorough assessments of monthly and daily transaction alerts and client activities.
- Recommended relationship retention or termination based on SARs, contributing to informed decision-making.
- Conferred with officials of real estate, securities or financial institution industries to exchange views and discuss issues or pending cases.
- Prepared reports, exhibits and other supporting schedules to detail institution's safety and soundness and compliance with laws and regulations.
- Documented research findings to support risk-based decision-making and resolution to escalated fraud incidents.
KYC Analyst
L.A.T Cleveson
London, United Kingdom
10.2015 - 06.2021
- Verified customer identity using public records, financial databases, and other resources.
- Reviewed customer documents and information to ensure compliance with KYC regulations.
- Analyzed customer data to identify suspicious activity or potential money laundering schemes.
- Coordinated with internal departments to resolve discrepancies in customer data.
- Drafted reports summarizing findings from KYC reviews and investigations.
- Tracked regulatory changes related to AML and KYC requirements.
- Assessed customer accounts for potential sanctions violations.
- Evaluated existing systems for effectiveness in detecting suspicious transactions.
- Collaborated with AML officials to analyze transaction data and identify patterns and trends potentially indicative of unethical activity.
- Participated in new client onboarding and contract renewal processes, conducting due diligence on contract performance and recommending adjustments to better meet client needs.
Education
Bachelor of Science - Business Economics
Anglia Ruskin University
Cambridge UkMBA - Oil And Gas Management
Coventry University
London Uk Skills
- Case Assignment Oversight
- Law Enforcement
- Criminal Investigations
- Legal Knowledge
- Proficient in Actimize, Lexis-Nexis, Clear, Xerox, MS Office 365 Word, World base
- BSA/ AML Compliance Programs
- SAR Filing
- Fraud Prevention Policies and Procedures
- Transactional Analysis / Data Mining / Conducting investigations
- Section 314(b) requests
- AML Compliance Risk Assessment
- Verbal and Written Communication
- Detail Oriented
- Analytical Skills
Timeline
Fraud Investigator
USAA Bank
06.2023 - Current
AML Compliance Analyst
USAA Bank
01.2022 - 06.2023
KYC Analyst
L.A.T Cleveson
10.2015 - 06.2021
Bachelor of Science - Business Economics
Anglia Ruskin University
MBA - Oil And Gas Management
Coventry University
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