Olu A.
Summary
Dynamic AML/KYC analyst, with in-depth knowledge and extensive understanding of compliance procedures and policies of Anti-Money laundering gained from working with reputable financial institutions. Responsible for identifying and researching the patterns, trends and anomalies in complex transactional and customer data to detect, prevent, mitigate and report suspicious activity related to money laundering, terrorist financing, structuring etc. Excellent directorial skills with high-risk management, good communication, organization, problem-solving, interpersonal and decision-making skills. Tech-savvy in use of spreadsheets, accounting and financial management software.
Overview
20
20
years of professional experience
Work History
Anti-Money Laundering Analyst
Horizon Bank
Austin, TX
06.2019 - Current
- Investigated fraud referrals and performed research to minimize risk and resolve inquiries.
- Communicated with compliance manager to thwart potential money laundering or terrorist financing.
- Maintained fraud analysis models to improve company systems.
- Identified threats, vulnerabilities and suspicious behavior patterns to recommend mitigation measures.
- Effectively writes and file suspicious activity reports in compliance with established Fincen regulatory guidelines & time-frames.
- Interacted with law enforcement agencies, regulators and financial institutions to coordinate investigations related to fraudulent activities.
- Ensure compliance with BSA by monitoring transactions, record keeping, report screening and conducting quality audits of CTR and SAR.
- Documents analysis of alert dispositions and resolution to escalated fraud incidents as appropriate.
- Conducts periodic reviews for accounts of special category customers such as PEPs and other high profile individuals.
- Completes due diligence periodic reviews of personal, corporate and trust accounts using World Check, LexisNexis and Google negative news searches.
AML/Fraud Specialist
Southern Bank
San Angelo, TX
04.2017 - 05.2019
- Analyzed transactions using advance excel tool (Pivot Tables, Macros) to enhance decision making, based on business intent and payment patterns.
- Review and analyzed leads for potential suspicious activity & red flags, including those generated from system alert detection process, subpoenas & warrants, negative news media reports according to AML/ KYC policies, that may require reporting based on BSA requirements.
- Applied general knowledge of US directives on money laundering, OFAC and USA Patriot ACT as it relates to KYC, AML and Sanctions as reflected in bank's compliance policy.
- Analyzed potential office of Foreign Assets Control (OFAC) hits to ensure transactions were in compliance with United States sanctions.
- Supplied proof that false positives were proven to be correct and updated Actimize.
- Researched client information via Google String search and LexisNexis.
- Submitting PEP's to compliance after been identified to be added on SDN list.
- Reviewing and updating KYC files with missing and updated information to satisfy compliance requirements.
- Contacting Relationship Manager for further information when EDD is conducted.
- Evaluated wire transfers and other payments for potential fraud, money laundering, patterns and inconsistencies.
- Built strong relationships with strategic partners across units to ensure effective co-ordination of investigations.
- Worked in Transaction dispute involving debit/ credit cards.
Accounting Officer IV
TDCJ
Navasota, TX
07.2014 - 05.2017
- Overhauled process for year-end inventory audits to improve accuracy.
- Compiled general ledger entries on short schedule with 100% accuracy.
- Conducted technical and analytical reviews of tax returns to check for accuracy and qualified deductions.
- Worked with management at project level to achieve expense plans.
- Collaborated with purchasing department to reconcile vendor invoices and facilitate payments.
- Reviewed accounts, resolved coding areas and tracked recurring expenses for accrual entry.
- Partnered with auditors to track errors and add contributions to maintain accuracy.
- Facilitated financial and operational audits, working with internal and external managers to communicate recommendations or issues surrounding audits.
Assistant Manager Audit
Sahara Group Limited
Lagos, Lagos, Nigeria.
10.2002 - 03.2014
- Facilitated internal audits and prepared detailed reports on findings.
- Execute audit supervisory role of checking accuracy of accounting systems and procedures.
- Review, assess and recommend changes in accounting systems and controls of business unit.
- Verify and inspect accounts receivables, payable ledger and general ledgers for its accuracy.
- Checked, inspect and reconcile bank deposits and payments.
- Inspect, test and assess software/hardware systems for failure.
- Checked all accounting and clients' databases are updated and functioning properly.
- Review and recommend changes in internal audit controls.
- Study, inspect and assess budgets, balance sheets and other related financial statements and records.
- Ensure compliance of regulatory guidelines and generally acceptable auditing standards.
Education
Bachelor of Science - Accounting
Imo State University
CYBERARK CERTIFICATION U.S.A.
Skills
- Actimize
- Fraud Investigation
- Bank Secrecy Act(BSA)
- USA Patriot Act
- OFAC
- World Check
- Lexis Nexis
- Alert Review Investigation Skills
- Transaction Monitoring
- MS Office
- Google Dirt String
- SPDD/ EDD/ CDD
- Suspicious Activity Report(SAR)
- Currency Transaction Report Review
- Excellent writing and verbal communication
- Team Work
- Compliance Evaluations
- Bank Compliance
Timeline
Anti-Money Laundering Analyst
Horizon Bank
06.2019 - Current
AML/Fraud Specialist
Southern Bank
04.2017 - 05.2019
Accounting Officer IV
TDCJ
07.2014 - 05.2017
Assistant Manager Audit
Sahara Group Limited
10.2002 - 03.2014
Bachelor of Science - Accounting
Imo State University
CYBERARK CERTIFICATION U.S.A.
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