Summary
Overview
Work History
Education
Skills
Additional Information
Timeline
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OLAJIIRE OMOTOLA

Pikesville,MD

Summary

As a Compliance professional, I bring specialized expertise in AML/KYC, case analysis, and Enhanced Due Diligence. I'm adept at managing high-risk situations, effectively communicating complex ideas, and driving organizational efficiency. Proficient in AML Analytics, red flag identification, and data-driven decision-making, I’m focused on leveraging my skills to promote growth and excellence in compliance, KYC, and AML.

Overview

6
6
years of professional experience

Work History

AML Compliance Analyst

M&T Bank
12.2022 - Current
  • Investigated financial crimes: money laundering, suspicious transactions, OFAC/Sanctions, corruption, PEPs, terrorism financing, high-risk jurisdictions, shell companies, unlicensed MSBs, and structuring. Analyzed transaction activity, identified risks, and determined true ownership/control.
  • Analyzed Anti-Money Laundering (AML) alerts and suspicious activity reports, reviewing transactions and customer behavior to identify potential risks and determine necessary actions to prevent financial crimes.
  • Conducted transactional reviews to identify potential suspicious activity, analyzing customer behavior and transaction patterns to determine if escalation was necessary, utilizing expertise in
  • Reviewed customer transactional activity to determine variances between expected activity and actual activity
  • Contributed to enhancing the bank's Anti-Money Laundering (AML) framework by collaborating on updates to procedures and processes, ensuring alignment with regulatory requirements and industry best practices.
  • Investigated financial crimes: money laundering, suspicious transactions, OFAC/Sanctions, corruption, PEPs, terrorism financing, high-risk jurisdictions. Utilized expertise in financial crime analysis, investigative research, risk assessment, and AML regulations.
  • Ensured file compliance with company policies and procedures by utilizing checklists, demonstrating attention to detail and commitment to regulatory adherence.
  • Coordinated with internal stakeholders, including Relationship Managers and support teams, to provide detailed and timely responses to Requests for Information (RFIs), ensuring effective communication and collaboration
  • Adhered to and enforced rules and guidelines for handling complaints, ensuring thorough investigation, documentation, and resolution, and maintaining high standard of compliance and customer satisfaction

AML/KYC Consultant

Coinbase
05.2020 - 10.2022
  • Collect and review client information, including: Business registration documents, negative news and adverse information, partner details (beneficial ownership, UBO, etc.)
  • Collect and review client information, including, business registration documents, negative news and adverse information requested partner information utilize specialized tools such as DDIQ, FORCES, and Google to screen for: Negative news, Politically Exposed Persons (PEPs),Sanctions, Adverse media, Other risk factors.
  • Conduct thorough screening of clients, related parties, and related individuals to identify potential risks and ensure compliance with regulatory requirements.
  • Stay current with money laundering and terrorist financing trends, policies, regulations, and industry best practices maintain expertise in AML/CFT to support risk management and compliance.
  • Possess a strong understanding of Know Your Customer (KYC) regulations and requirements across a broad range of entities, · Regulated and Unregulated), Corporate Entities (LLP, LLC, and Corporations etc.), Trusts, Foreign Entities, Banks and Financial Institutions, Sovereign Entities.
  • Anti-Money Laundering (AML) Expertise: Highly knowledgeable in AML laws and regulations, including the Bank Secrecy Act, USA PATRIOT Act, OFAC requirements, Customer Identification Program, Foreign Account Tax Compliance Act, and industry best practices. Proven ability to implement effective AML policies and procedures.
  • Analyzed and reviewed documentation with the Client Verification Unit to ensure new accounts complied with client policies, procedures, and USA Patriot Act regulations, providing research support to verify client identity and prevent money laundering.

AML/KYC Onboarding Specialist

M&T Bank
11.2018 - 03.2020
  • Provide expert assistance to internal stakeholders and external clients for efficient KYC onboarding.
  • Ensure seamless onboarding experience for clients, meeting regulatory requirements and industry standards.
  • Address client queries and concerns related to KYC requirements.
  • Authentically conduct registration and onboarding for third parties, ensuring compliance with regulatory requirements
  • Oversee and ensure accurate documentation, AML/KYC due diligence, and regulatory compliance for onboarding new corporate customers, guaranteeing adherence to FSMA, MLR, and industry standards.
  • Investigate complex financial crimes, including money laundering, suspicious transactions, OFAC/Sanctions, corruption, PEPs, terrorism financing, high-risk jurisdictions, shell companies, IVTS, unlicensed MSBs, structuring, and layering

Education

Bachelor of Arts - Business Administration And Management

ESTAM UNIVERSITY
08.2014

Skills

    - Investigation and analysis
    - SAR writing
    - Customer Due Diligence (CDD)
    - Enhanced Due Diligence (EDD)
    - Suspicious transaction reporting
    - AML (Anti-Money Laundering)
    - Risk assessment
    - Compliance

Additional Information

TECHNICAL SKILLS : | Microsoft Office | MS Office | Bankers Almanac I Risk and Compliance Databases | World Check | Bloomberg | One Source | LexisNexis | Alcaraz

Timeline

AML Compliance Analyst

M&T Bank
12.2022 - Current

AML/KYC Consultant

Coinbase
05.2020 - 10.2022

AML/KYC Onboarding Specialist

M&T Bank
11.2018 - 03.2020

Bachelor of Arts - Business Administration And Management

ESTAM UNIVERSITY

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OLAJIIRE OMOTOLA