Odalisa Polanco
Weehawken,NJ
Summary
Financial senior analyst with a legal background Results-oriented Analyst skillful in managing and breaking down large volumes of information. Proactive at heading off issues in operations, workflow and production by uncovering trends affecting business success.
Overview
9
9
years of professional experience
1
1
Certification
Work History
Senior Analyst
BNY Mellon | Pershing LLC
2021.12 - 2024.05
- Monitor investor accounts and report and identify any associated collateral risks and exposure
- Follow up on margin calls, cash account securities, and technical short securities for customer accounts
- Analyze daily reconciliations and update the Bank Custody Overdraft Daily Report & FX Forward Daily Report for upper management review
- Follow FINRA Rule 4210 and Regulation T requirements to appropriately advise clients on daily inquiries
- Deliver excellent customer support to investment broker dealers via Netx360 and other operational software systems
- Perform routine and non-routine client service and transactional support functions, such as preparing sellout tickets, updating account balance information, and explanation of trades
- Interact with internal stakeholders to ensure timely delivery of services and resolution of critical and time-sensitive issues
- Escalate FINRA violations to senior management and conduct research and analysis on industry standards and practices to provide solutions to internal and external clients
- Approve collateral withdrawals such as wires, security deliveries, and journal entries for client accounts as well as perform due diligence and calculations to ensure that there is adequate funding to support requested transactions.
Claims Analyst
CRG Financial Services
2019.09 - 2020.07
- Analyzed historical transaction data at CRG Financial Services to identify gaps in existing monitoring rules fir daily reporting to management
- Designed and deployed new transaction monitoring scenarios aligned with emerging AML trends and regulatory requirements for management review
- Conducted rigorous testing and validation to ensure the effectiveness and compliance new rules
- Collaborated with stakeholders to streamline suspicious activity reporting processes, ensuring prompt and accurate reporting to regulatory.
Loss Mitigation Analyst
World Business Lenders, LLC
2017.04 - 2019.09
- Investigated and identified loss mitigation, workout performance, and loss severity trends for metric reporting
- Developed and implemented loss reduction strategies and monitored bankruptcy activities and functions by following bankruptcy chapter 7 & 11 filings
- Collaborated with outside attorneys, collection agencies, and other vendors for mitigation efforts
- Oversaw and managed more than 45 bankruptcy and foreclosure cases as well as recorded payments in LAPro to maintain all client information
- Communicated with customers to discuss payment issues and utilized technology to update customer accounts and monitor financial discrepancies
- Analyzed and reviewed client profiles in order to propose and negotiate best settlement resolutions.
Paralegal
Law Immigration Office of Marylin M. Orbach Rosenberg Esq.
2016.11 - 2017.04
- Assisted attorney with WAWA clients, L-clients, and asylum clients by developing and implementing strategic policies and procedures
- Utilized Podio system to maintain accuracy in the records
- Ensured the finalization of USCIS forms which included: I-400, I-589, I-130, G28, I-325, I-864, I-Visas.
Billing Analyst
Littleton Joyce Ughetta Park & Kelly LLP
2016.06 - 2016.11
- Responsible for preparing and processing invoices accurately and efficiently for attorney's review
- Managed complex billing procedures and handled financial transactions including deposits and disbursements for billed clients
- Provided dedicated assistance to a partner attorney, conducting legal research, drafting documents, organizing case files and billing billable hours using specified templates
- Interacted with clients, ensuring smooth communication and addressing inquiries promptly.
Compliance Analyst
FX Finvest
2015.09 - 2016.04
- Prepared and filed SAR reports for FCC for any suspicious transaction-related activities seen in client accounts
- Delivered the EDD Compliance program for KYC, anti-money laundering, anti-bribery, OFAC/sanctions, PEP, cross border, financial compliance, fiscal compliance and related disciplines
- Identified key risks in the current client lifecycle management process and recommended strategies for future state design to mitigate AML risks while operationalizing efficiency levers and reducing account opening lead times
- Performed EDD and PKR for all high-risk clients in a timely and efficient manner, as well as conducted screenings in Cosima and Lexis Nexis.
Education
Bachelor of Justice Studies - Paralegal Studies and Criminal Justice
Montclair State University
01.2015
Skills
- Financial analysis
- Modeling/reporting
- Microsoft: Excel, Word, PowerPoint Office 360
- Publisher
- Business Operations Analysis
- Project Management
- Policies & Procedures Compliance
- Risk Identification & Controls
- Strategic Plan Execution
- English [native]
- Spanish [native]
Certification
- Paralegal Approved by American Bar Association
- 2022 Anti- Money Laundering and Suspicious Activity Reporting
- Business Continuity
- ACAMS Certification (pending)
Accomplishments
- Led a cross-functional team to enhance profit margins by implementing cost control measures that reduced operational expenses by 10% and negotiating vendor agreements for a 5% decrease in procurement costs, while also introducing pricing optimization strategies that increased average product margins by 8%.
- Led the implementation of an advanced anti-money laundering (AML) compliance framework at CRG Financial Services, integrating automated bot technology to enhance transaction monitoring and reporting capabilities. This initiative resulted in a 20% reduction in suspicious activity reports and ensured comprehensive adherence to regulatory requirements in the financial sector
- Implemented a comprehensive compliance program for FX Finvest, ensuring full adherence to regulatory standards across all operations and subsidiaries, resulting in streamlined operations and minimized regulatory risks.
Volunteer Experience
- Hudson County Community Health, Jersey City, Volunteer Interpreter, Serve as a volunteer interpreter at Hudson County Community Health in Jersey City, assisting Spanish-speaking patients during medical appointments. Facilitate clear communication between healthcare providers and patients, ensuring accurate understanding of medical information and enhancing access to healthcare services.
- Union City Community Center, Union City, Hudson County, Food Pantry Volunteer, Volunteered at Union City Community Center in Union City, Hudson County, organizing and distributing food donations to Spanish-speaking families in need. Provided assistance in a culturally sensitive manner, ensuring Spanish-speaking clients received necessary food support and resources. Serve as a volunteer interpreter at Hudson County Community Health in Jersey City, assisting Spanish-speaking patients during medical appointments. Facilitate clear communication between healthcare providers and patients, ensuring accurate understating of medical information and enhancing access to healthcare services.
Languages
Spanish
Native or Bilingual
Timeline
Senior Analyst
BNY Mellon | Pershing LLC
2021.12 - 2024.05
Claims Analyst
CRG Financial Services
2019.09 - 2020.07
Loss Mitigation Analyst
World Business Lenders, LLC
2017.04 - 2019.09
Paralegal
Law Immigration Office of Marylin M. Orbach Rosenberg Esq.
2016.11 - 2017.04
Billing Analyst
Littleton Joyce Ughetta Park & Kelly LLP
2016.06 - 2016.11
Compliance Analyst
FX Finvest
2015.09 - 2016.04
Bachelor of Justice Studies - Paralegal Studies and Criminal Justice
Montclair State University
- Paralegal Approved by American Bar Association
- 2022 Anti- Money Laundering and Suspicious Activity Reporting
- Business Continuity
- ACAMS Certification (pending)
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