Nowal Zubair

Work History

Senior Anti-Money Laundering Investigator

Wells Fargo & Company

11.2022 - Current

Lead complex AML investigations involving high-risk clients and sophisticated financial transactions, ensuring thorough analysis and compliance with regulatory standards.
Manage a team of AML investigators, providing guidance, training, and support to ensure adherence to AML policies and procedures.
Conduct detailed risk assessments of new and existing clients, including Enhanced Due Diligence (EDD) on high-risk individuals and entities.
Collaborate with law enforcement agencies, regulatory bodies, and internal stakeholders to address suspicious activity and support regulatory examinations.
Review and analyze suspicious activity reports (SARs) and prepare comprehensive investigative reports and documentation for submission to regulatory authorities.
Stay abreast of changes in AML laws, regulations, and industry best practices, ensuring ongoing compliance and adapting policies as necessary.
Develop and deliver training programs on AML compliance, fraud detection, and investigative techniques for internal staff and stakeholders.
Reduced case resolution times by implementing strategic investigative approaches and leveraging technology.

Sr. Quality Assurance Consultant

Wells Fargo Bank, N.A

08.2021 - 11.2022

Quality analysis for cases under enhanced due diligence programs for Money Services Businesses, Third Party Payment Processors, High Risk Customers, Gaming and Wholesale accounts
Experience identifying various AML alerts for transactional reviews
Conduct thorough analysis of suspicious activity reports to identify potential money laundering transactions
Performed risk-based analysis and remediation for business and consumer accounts per banking guidelines
Thorough in following quality checks on KYC processes following a guideline QA Matrix
Collaborated with peers to improve on QA matrices, processes, and new trends
Used transactional and customer records, external data, and publicly available information to identify suspicious or unusual activity
Provide consulting and subject matter expertise to lines of businesses on BSA/AML regulatory requirements and risk mitigation options
Reviewed FinCEN reports, audit regulatory activity analysis reports and supporting documentation
Researched and verified parties involved in suspicious activities and transactions against various databases such as LexisNexis
Knowledge and understanding of wholesale banking products and services
Oversee cases providing investigative feedback and quality assurance (QA) and quality checking (QC) support
Heavy experience reviewing alerts, conducting case investigations, and SARs
Effectively communicated recommendations/changes to SAR’s group for improvements.

Quality Assurance Analyst/ Business Analyst

Wells Fargo

10.2018 - 08.2021

Conduct quality reviews of incoming SAR requests to restrain accounts and mitigate risk and losses
Utilize investigative techniques to determine liability and impact of cases including mitigation of financial losses and/or business interruptions and consistency in the use of hard hold processes through Fraud loss mitigation
Identify control failures in bank processes, procedures, and internal controls
Partner with FLM (Fraud Loss Mitigation) departments to ensure correct procedures are being following in placing restraints on account to mitigate and prevent losses
Experienced in DAT, CLAIMS, ACH, ATM, UW, SVP, Hogan, Accurint, LexisNexis and many other programs
Prepare and present stats, fraud trends and research findings to business partners and upper-level management
Participate in and provides support for project, initiatives and change management
Supported company in maintaining work environment focused on quality, communication, collaboration, integration and teamwork
Monitored process checks for proper completion and correct frequency.

Financial Crimes Specialist

Wells Fargo

03.2016 - 10.2018

Review, verify, and/or identify customer transactions to detect/prevent financial crime activities to mitigate/recover potential losses
Monitor complex account activity via multiple transaction channels (Universal Workstation, Hogan, SVP)
Complete required forms such as UAR, Identity Theft for suspicious activity and suspected financial abuse
Work closely with partners to conduct risk reviews on accounts and activity to prevent/mitigate loss and risks
Performing general account handling functions such as account closures, retaining relationships, holds and restraints, reviewing and pledging checks for suspected fraud following regulations Ability to take initiative and work independently with minimal supervision in structured environment
Pilot program: RCS (Risk Control System) Conducted reviews for large dollar wires to prevent risk and loss
Analyzed financial statements, bank records, and government databases to identify fraud and other instances of financial crimes.

Lead Teller

Wells Fargo

12.2015 - 03.2016

Process routine account transactions
Positive customer service focused on customer and team member needs
Ability to navigate multiple computer systems (HOGAN, SVP, SVT) and utilize tools to find information
Conduct reviews of account activity for risk to bank
Effectively and efficiently communicated with district about potential risks
Conducted financial reviews of products with customers with financial needs
Completed UAR forms to report suspicious activity and being in guidelines of anti-money laundering compliance
Adhere to regulation CC guidelines with check deposits or large check deposits and effectively communicating any delay of funds to customer
Balance currency, cash and checks in cash drawer at end of each shift.

Operations Manager

Travelex Currency Services/Susan Druckman Inc

01.2013 - 09.2015

Conduct store visit checks in accordance with quarterly checking cycle determined by OM
Ensure all check points are reviewed in accordance with SOPs and relevant compliance and risk policy documents
Maintain suite of Standard Operating Procedures (SOP), ensuring are kept up to date, are communicated to frontline business in a timely manner and are published via local media options
Ensure design of procedures stay within boundaries of regulatory requirements for each country and policy guidelines set by business , i.e Anti-money laundering (AML)
Undertake store investigations when required.

Assistant Manager

Travelex Currency Services

05.2012 - 01.2013

Summary

Overview

Work History

Senior Anti-Money Laundering Investigator

Sr. Quality Assurance Consultant

Quality Assurance Analyst/ Business Analyst

Financial Crimes Specialist

Lead Teller

Operations Manager

Assistant Manager

Education

Certification - Business Analytics

Skills

Languages

Timeline

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