JUSTINA ONYENEMEZU

Responsibility:

• Conduct comprehensive investigations of varying complexity and sensitivity, analyzing evidence for both internal and external cases.
• Apply reasonable grounds to suspect money laundering or terrorist financing, working to mitigate, and disrupt financial crime.
• Perform holistic reviews of client relationships and risk assessments related to sanctions, anti-bribery and anti-corruption, fraud, and insider threat.
• Develop and implement QC procedures and protocols for financial crime detection and investigation processes.
• Prepare detailed reports on QC findings, including trends, gaps, and areas for improvement.
• Analyze and interpret data to identify systemic issues and recommend corrective actions.
• Track and report on key performance indicators (KPIs) related to financial crime investigations.
• Collaborate with compliance and risk management teams to enhance financial crime detection and investigation processes.
• Identify opportunities for automation and efficiency improvements in QC procedures.
• Assist in developing and delivering training programs on quality assurance and compliance standards.
• Ensure QC practices align with evolving legal and regulatory requirements.
• Act as a liaison between the QC team and other departments, including investigations, legal, and audit teams.
• Complete Enhanced Due Diligence (EDD) reviews on high-risk individuals and entities to determine risk-rating profile.
• Analyze data and results of existing transaction monitoring reports to determine if further investigation is warranted; if so, take appropriate action
• Gathers information from outside resources, such as Internet searches, third-party vendors, public records, newspaper articles, etc.
• Conducts follow-up with the account officer for any missing or necessary documentation.
• Conduct QA checklists and instructions when performing QA duties.
• Maintain accurate records of quality assurance activities and findings.
• Reviews results from third-party vendors regarding the authentication of identification on individuals and businesses, OFAC and government lists, closed for cause, etc.
• Use analytical skills to produce and follow leads, as well as link common or related activities to develop a complete picture of suspicious activity, and uncover new trends in fraudulent behavior.
• Stay up to date and knowledgeable on BSA, AML, OFAC regulatory requirements, and FinCEN guidelines.

SAR filing

• Prepare suspicious activity reports (SARs).
• Draft a detailed narrative according to FINCEN guidelines.
• Upload the supporting document to back up the SAR decision.
• Ensure compliance with AML regulations and internal policies.
• Collaborate with other departments to enhance investigation processes.

Responsibility:

• Monitors systems and reports for potentially fraudulent activity, takes appropriate action and dispositions cases/alerts accordingly.
• Analyzes trends and makes recommendations to minimize fraud exposure to members, and the financial institution.
• Conducts investigations, including interviews with members or related parties. Reviews evidence, documents, witness statements, and any actions taken or to be taken.
• Ensures that potential, suspicious transactions, or financial crimes are identified.
• Research transactions causing a loss (fraudulent deposits, ATM transactions, debit/credit disputes, etc.). To the financial institution, and attempt to recover funds.
• Collaborates with internal and external parties to monitor accounts, utilizes fraud software to monitor accounts for suspicious activity or potential fraud, files police reports, bond claims, and other reports.
• Supports fraud prevention programs, proactively maintains awareness of new and developing trends in fraudulent activity, and makes recommendations for the financial institution to prepare for them.
• Monitors and reports non-compliance of check holds and special handling of accounts to applicable levels of management.
• Maintains fraud documents and records.
• Actively participates in fraud prevention awareness strategies and collaborates with internal and external parties (peers, law enforcement, community liaisons, etc.). To identify new trends and associated risk mitigation techniques, assists members with fraudulent activity on their accounts in supporting documents, and files appropriate claims.
• Works with multiple departments within the bank, and outside contacts, such as the bonding company, law enforcement agencies, and members.
• Responsible for complying with legal processes, which include responding to subpoenas and appearing in court for testimony and depositions when required.