Patrick Bonesteel
Spokane
Summary
AML professional with comprehensive understanding of regulatory requirements and risk management. Renowned for identifying and investigating suspicious activities, contributing to integrity and security of financial institutions. Valued for team collaboration and adaptability, ensuring seamless integration and optimal performance in dynamic environments. Proficient in transaction monitoring, compliance reporting, and data analysis.
Overview
10
10
years of professional experience
Work History
Senior AML Analyst
Washington Trust Bank
03.2020 - Current
- Provided expert guidance on AML regulations during internal audits, contributing to a reduction in audit findings related to noncompliance.
- Enhanced reporting accuracy for suspicious activity cases, ensuring compliance with regulatory requirements.
- Improved the efficiency of customer due diligence processes by automating manual tasks, reducing human error and expediting case resolution times.
- Conducted thorough risk assessments to mitigate potential money laundering threats, protecting the company''s reputation and financial assets.
- Identified high-risk customers through meticulous analysis of transaction patterns, preventing potential financial losses.
- Collaborated with cross-functional teams to develop comprehensive AML policies and procedures, strengthening the organization''s compliance program.
- Designed targeted training programs for employees in high-risk roles, enhancing awareness of current money laundering risks and trends.
- Documented research findings to support risk-based decision-making and resolution to escalated fraud incidents.
- Interacted with law enforcement agencies, regulators and financial institutions to coordinate investigations related to fraudulent activities.
- Trained and supervised junior financial examiners, explaining procedures and protocols.
Financial Concierge
Washington Trust Bank
02.2015 - 02.2020
- Assisted clients in navigating through various life events, offering tailored financial solutions for each stage.
- Established strong relationships with banking partners to facilitate smooth transactions.
- Enhanced client satisfaction by providing personalized financial guidance and recommendations.
- Mentored junior team members, fostering a collaborative work environment that promoted professional growth.
- Initiated proactive communication with clients to address concerns, resulting in improved customer retention rates.
- Educated clients on financial topics and best practices.
Education
Bachelor of Arts - Pastoral Ministry And Leadership
Northwest Univeristy
Kirkland, WA12-2013
Skills
- Enhanced due diligence
- Suspicious activity reporting
- Training and mentoring
- Transaction monitoring
- Bank secrecy act
- Investigation techniques
- AML software proficiency
- Data analytics capabilities
- USA PATRIOT act
- Financial intelligence analysis
- Know your customer
- Teamwork and collaboration
- Problem-solving
- Time management
Timeline
Senior AML Analyst
Washington Trust Bank
03.2020 - Current
Financial Concierge
Washington Trust Bank
02.2015 - 02.2020
Bachelor of Arts - Pastoral Ministry And Leadership
Northwest Univeristy
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