Rita Mitchell
Summary
Dynamic AML Analyst known for enhancing compliance frameworks and delivering a 30% reduction in high-risk transactions at Technology Ventures through advanced Excel and SQL analysis. Possesses strong analytical capabilities and excels in collaborating with cross-functional teams to uphold regulatory standards. Adept at implementing risk mitigation strategies and improving compliance programs while meticulously investigating suspicious activities.
Overview
14
14
years of professional experience
Work History
Senior BSA/AML Analyst
Technology Ventures
03.2023 - 06.2024
- Verified beneficial ownership for individuals, entities, trusts linked to brokerage accounts.
- Detected high-risk geographic exposures in securities trading activities.
- Investigated suspicious account activity such as rapid fund movements, third-party wire transfers, and excessive asset liquidation.
- Evaluated customer activity in compliance with the USA PATRIOT Act, Bank Secrecy Act, and OFAC sanctions requirements.
- Identified and escalated unusual trading behaviors using transaction monitoring systems such as Actimize and Verafin.
- Coordinated with trading desks, relationship managers, and legal teams to obtain necessary documents for flagged activities.
- Managed documentation, SAR details, and system outputs for regulatory audits to ensure BSA/AML compliance.
- Trained brokerage staff on identifying suspicious activity in securities transactions.
- Contributed to the creation and improvement of risk assessment frameworks, developing tailored mitigation strategies for brokerage products.
- Evaluated customer profiles to detect behavior patterns conflicting with financial goals.
BSA/AML Analyst
Solomon Edwards
10.2022 - 03.2023
- Conducted time-sensitive and thorough Enhanced Due Diligence (EDD) reviews for high-risk customers, employing advanced research and investigative tools to assess potential risks
- Analyzed complex customer and transactional data, providing detailed reports and summaries of activity
- When warranted, identified suspicious behavior and referred cases for Suspicious Activity Report (SAR) filing and account termination procedures
- Collaborated closely with the AENB AML compliance partner to ensure comprehensive review processes and accurate risk assessments of high-risk customers, adhering to regulatory requirements
- Worked collaboratively with colleagues across various departments to meet tight deadlines, providing support to management objectives and ensuring timely decision-making
- Developed and maintained strong relationships with key partners in the Financial Intelligence Unit (FIU), ensuring efficient coordination of major investigations and enhancing overall investigation effectiveness
BSA/AML Analyst
Arc Home LLC
Mount Laurel, USA
01.2022 - 06.2022
- Supported the Financial Intelligence Unit and the BSA Officer in ensuring the proper execution of the BSA/AML and OFAC Program
- Acted as a BSA, AML and OFAC subject matter expert to identify process improvements, respond to inquiries from internal business lines and provide content for various training initiatives
- Participated in the development, maintenance and updating of the team policies and procedures
- Ensure policy communication and exceptions are properly reported and managed
- Conduct Enhanced Due Diligence (EDD) for legal entities, and lending relationships
- Reviewed and monitored client accounts and transactions for potential matches to adverse media alerts, designated sanctions targets and prohibited persons lists
- Assisted in the investigation, drafting, and filing of Suspicious Activity Reports, as well as conduct due diligence searches in various third party and internal databases
BSA/AML Analyst
Congressional Bank
Bethesda, USA
01.2019 - 09.2021
- Implemented migration of systems from Abrigo to Verafin
- Testing and system validation of Verafin
- Dispositioned OFAC and 314a alerts
- Performed EDD reviews on the High-risk customers
- Reviewed and cleared any alerts and cases
- Acted as an escalation point for the Anti-Money Laundering (AML), Bank Security Act (BSA) Operations on boarding team to ensure high-risk clients are screened correctly and efficiently
- Reviewed possible true hits from screening and follow-up with appropriate business Units (Non-Market Risk) and Global Financial Crime Legal / Advisory to gather further information
- Reviewed and monitored client accounts and transactions for potential matches to adverse media alerts, designated sanctions targets and prohibited persons lists
- Investigated potentially suspicious activity arising from account surveillance, branch or business unit escalations, and Grand Jury subpoenas
- Assisted in the investigation, drafting and filing of Suspicious Activity Reports, as well as conduct due diligence searches in various third party and internal databases
AML Consultant
Treliant Risk Advisors
Washington, USA
10.2014 - 10.2019
- Reviewed system generated alerts, assessed impact to AML processes, conducted research as required, and documented results in written format
- Wrote up suspicious activity reports, filed CTR’s, address sanctions alerts, and other applicable AML processes in accordance with regulations and time limitations
- Provided feedback on alert rule effectiveness and partnered with management and analysts to design new rules
- Handled issues as appropriate for advanced investigation and analysis
- Reviewed and identified red flags for potential fraud and misrepresentation to make sure transactions met requirements
- Prepared client deliverables, agreed-upon reports supporting our findings and documented rationale for credit and collateral decisions
AML Analyst
JP Morgan Chase
Washington, USA
08.2010 - 03.2014
- Reviewed systematic AML alerts generated due to potentially suspicious activity related to corresponding banking
- Conducted appropriate EDD and KYC researched for the focal and counterparties to determine whether alerted transactions are valid Anti-Money Laundering risks
- Applied enhanced due diligence procedures for corresponding banking, including large scale enterprises and relationships that pose an increased BSA/AML risk to the bank
Education
Bachelor of Commerce - Marketing
University of Nairobi
Kenya11.2000
Skills
- Proficient in Microsoft Office Suite, including Excel (advanced functions, pivot tables, and data analysis), Access (database management), Visio (process mapping), Word (document creation and formatting), Outlook (email and calendar management), PowerPoint (presentations), and Publisher (desktop publishing)
- Research and Screening Databases: World-Check, LexisNexis, Westlaw, Watchdog, ResNet, PACER, Dow Jones
- CRM and Business Tools: Salesforce, SharePoint, and Cognos
- Data & Analysis Tools: SQL, Fair Lending Wiz
Technicalaptitude - Software
- Microsoft Office– MS Excel, MS Access, MS Visio, MS Word, MS Outlook and MS Power Point, and MS Office Publisher.
- World-Check
- LexisNexis
- Pacer
- SQL
- Sales force
- Dow Jones
- Westlaw
- Watchdog
- Research Databases Res net
- Cognos
- SharePoint
- Fair Lending Wiz.
Personal Information
- SAR Writing
- Transaction Monitoring
- Patriot Act- Section 314(a) & 314(b)
- BSA Federal Regulatory Compliance
- Correspondent Banking
- KYC/CIP/EDD
Timeline
Senior BSA/AML Analyst
Technology Ventures
03.2023 - 06.2024
BSA/AML Analyst
Solomon Edwards
10.2022 - 03.2023
BSA/AML Analyst
Arc Home LLC
01.2022 - 06.2022
BSA/AML Analyst
Congressional Bank
01.2019 - 09.2021
AML Consultant
Treliant Risk Advisors
10.2014 - 10.2019
AML Analyst
JP Morgan Chase
08.2010 - 03.2014
Bachelor of Commerce - Marketing
University of Nairobi
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