Summary
Overview
Work History
Education
Skills
Reference
Timeline
Generic

Rita Afuwah

Lewisville,TX

Summary

Dependable BSA, AML, KYC, FRAUD Analyst with track record of success within the Financial Crime Risk Management field, possessing great attention to detail skills and a proactive mindset. A motivated professional seeking opportunities to improve processes and workflows for team benefit. Conscientious, hardworking and excels at multitasking in fast-paced environments.

CAMS - Nov 2024

Overview

8
8
years of professional experience

Work History

BSA/AML Compliance Specialist

Providence Bank
Dallas, Texas
01.2023 - Current
  • Create and maintain customer risk profiles in the BSA/AML software.
  • Process and evaluate required customer due diligence, assigning risk scoring as required.
  • Research, investigate, and analyze customer due diligence for anticipated activity and related behavior that indicates potential suspicious activity or money laundering.
  • Identify suspicious activity and escalate as appropriate.
  • Identify and escalate high risk customers for enhanced due diligence review and potential SAR filings.
  • Identify and escalate potential identity theft in compliance with the Fact Act.
  • Monitor daily reports for trigger events related to Beneficial Ownership. Work with departments and branches to ensure compliance with the CDD Rule.
  • Validate compliance with CIP, CDD and OFAC as it related to Beneficial Ownership policy and procedures.
  • Performs review of daily CTR reports, Foreign Currency transactions, core cash reports, and BSA/AML Software alerts to ensure all reportable transactions have been identified and reported
  • Prepares CTRs filings for submission to FinCEN. Ensures that CTRs are filed within required time frame.
  • Detect, respond and report Elder Abuse and dependent adult abuse.
  • Review and evaluate OFAC hits using the SDN list by reporting exact matches to the BSA Officer to ensure timely reporting to OFAC.

AML/KYC (Fraud) - Associate

Unity National Bank (Remote)
Houston, TX
07.2020 - 12.2022
  • Perform all compliance duties and responsibilities within established scope of authority and expertise, to ensure all regulatory requirements are met
  • Perform quality control reviews in various AML related areas for accuracy, data integrity, reasonableness, timeliness, and completion
  • Document findings and effectively communicate areas of needed improvement with the KYC Officers
  • Performs due diligence to ensure accuracy of information. Reviews profiles for renewal process.
  • Uses developed communication skills to engage in conversations with internal stakeholders and moderately complex clients in order to support an accurate data-gathering process and to resolve any open issues.
  • Conducts QSS real time scans in order to identify new risks, events or situations that could affect a clients risk level / profile.
  • Reviews OFAC Sanctions alerts received on transactional reviews through Fircosoft and other filters.
  • Identify risks and prevent losses related to fraud activities/high-risk behaviors and suggest prevention solutions
  • Review high risk transactions for potential fraudulent activity by reviewing and evaluating alerts generated by our fraud detections systems e.g. Verafin
  • Contact clients via phone and/or email to validate transaction activity
  • Contact branches or internal units via phone and/or email to validate transaction and/or account activity
  • Conduct investigative/intelligence analysis of collected information derived from varying sources such as, bank records/KYC documentation, banker contact, external search engines and open source websites
  • Draft assessment summaries and other written investigative/intelligence products to support (SAR) decisions and recommendations.
  • Conduct time-sensitive investigations relating to POS debit and ATM card disputes in accordance with regulatory timeframes as well as bank policies and procedures
  • Work with card management vendor to ensure all recovery efforts are sustained for chargeback, merchant credit. In addition, identify any issues in the card management case platform that create an adverse experience and provide recommendations for improvements

(KYC) Fraud Prevention Analyst

Skye Bank
Ikeja, Lagos
10.2016 - 03.2018
  • Review suspicious activity/exception reports/In clearing check queues to identify fraudulent or suspicious transactions and protect the bank from any loss using various internal systems i.e. shared databases, Net Image Viewer.
  • Verify the identity of clients to understand the nature and purpose of their relationship with the financial institution for the purposes of performing Know your Customer (KYC) Procedures.
  • Conduct routine phone interviews and may participate in or observe more complex interviews with more experienced analysts.
  • Independently make decisions to continue or terminate account relationships.
  • Independently make decisions to pay or return in-clearing checks.
  • Take appropriate action steps to protect bank assets, minimize losses, and recommend account protections, with guidance.

Education

Bachelor of Science - Business Management

University of Calabar
Nigeria
08-2016

Skills

  • Fraud detection and prevention
  • Customer service skills
  • Data-driven decision making
  • KYC, CDD, EDD, CTR, SAR Writing
  • Information Verification / Problem solving
  • Quality Assurance
  • Excel - Pivot -Microsoft 360
  • Open Source Research / Google/ Fast People
  • TOOLS - Image View, Amdoc,Avaya, Teams, Check-Free, Risk Portal,Connect
  • Case Mgt System - Cita, SAS, Verafin, Actimize, Mantas etc
  • OFAC, FINCEN, 314 (a) & (b)

Reference

  • Reference Upon Request

Timeline

BSA/AML Compliance Specialist

Providence Bank
01.2023 - Current

AML/KYC (Fraud) - Associate

Unity National Bank (Remote)
07.2020 - 12.2022

(KYC) Fraud Prevention Analyst

Skye Bank
10.2016 - 03.2018

Bachelor of Science - Business Management

University of Calabar

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Rita Afuwah