Ruth Obasi

Conducted end to end review of system generated alerts/cases, to assess presence of illicit activity that may require reporting based on Bank Secrecy Act (BSA)/AML/CTF requirements.

. escalating issues as warranted to management; maintaining thorough documentation of compliance with all BSA/AML/OFAC requirements; and continuously working to understand and mitigate risk and losses.

• Identifying unusual customer transaction patterns indicative of suspicious activity.

• Identified, documented, and mitigated red flags for evidence of Money Laundering, fraud, potential financial crimes, suspicious transactions (STR), terrorism financing, and any unusual banking activities based on policies.

•investigating inappropriate and/or fraudulent activity; conducting enhanced due diligence on high risk customers.

• Served as an escalation point for the Risk Monitoring team for potential AML/BSA/CTF concerns and may either partner with or ultimately assume the investigation depending on the complexity and risks.

• Experience with current fraud issues and fraud typologies such as Third-party fraud (Credit card fraud, Counterfeit credit card fraud, Account takes overs), First person fraud, Fraud App/Identity theft, financial mismanagement etc.

• Conducting high quality investigations of potentially suspicious activity on the block chain, by identifying transaction patterns, trends and typologies impacting uphold and its users.• Responsible for Write and draft Suspicious Activity Reports (SARs). Performing enhanced due diligence for new and existing high-risk customer account including entities and individuals.• Reviewing new product proposals and analyzing risk and compliance issues relating to these products.• Reviewing high volume of unusual virtual currency activity relating to payment and peer-to-peer transmission from BSA/AML complianceperspective.• Perform risk-relevant matter associated with prospective clients identified by the First line Unit during CDD& EDD processes to ensure continued knowledge of existing client base and any material change to clientinformation.• Actively identify, measures, control and remediate AML and repetitional risk issues with partners in Financial Crime, Compliance or Business Units.• Present findings of documented evidence from prior investigations and make recommendations for remuneration against future occurrence.• Serve as a Quality Control analyst for all Investigations due for Resolve orEscalation by all other agents within the team and provide remediations or advise where necessary.• Perform Enhanced due diligence on new and existing high-risk customeraccounts, both individuals and entities, against red flags, suspicious transactions, and unusual activities (wire transfers and structuring).• RDC, LEXIS-NEXIS, Salesforce, Refinitiv tools, along with FINRA and Secretary of State website to assist in research on Negative, Adverse news, background information and PEP status.
• Ensured prompt and clear communication with customers to gather necessary information and provide updates on the chargeback dispute status.
• Investigate potentially suspicious activity that may arise from account surveillance, branch escalations, negative news matches, regulatory investigations, and matters otherwise escalated to the AML Group by other AML teams, the Business, Compliance, Legal, Risk or other Firm divisions where account activity or client-related negative news is at issue.
• Liais with Bank, external and internal customer (parties) to maintained effective communication with acquiring and issuing banks to resolve disputes efficiently.
  9.Tracked key performance indicators (KPIs) related to chargeback handling, such as resolution timeframes and success rates.

Reviewed and analyzed transactional data for potential suspicious activity, including those generated from an alert detection process (Actimize), subpoenas and warrants, country/corridor reviews, foreign and domestic agent matters, consumer network cases, negative media reports, as well as other sources as applicable.

• Recommended relationship retention or termination and track account closures as required.

• Worked effectively with multiple complex data sources and/or technical analytical tools/resources to identify potentially unusual or suspicious activity as defined by AML/BSA regulations, and industry best practices for AML/BSA analysis.

• Thoroughly and timely reviewed reports and other investigative leads that potentially identify suspicious activity.

• Wrote and filed Suspicious Activity Reports and apply appropriate risk mitigation measures, while ensuring appropriate documentation of all research and analysis is conducted in accordance with applicable recordkeeping guidelines.

• Conduct complex case reviews including evaluating risks, identifying mitigating controls, developing conclusions, and writing reports.

• Review system generated alerts to assess presence of illicit activity that may require reporting based on Bank Secrecy Act (BSA/AML requirements, conduct research as required, and document detailed results in written format

• Write suspicious activity reports, files Currency Transaction Reports (CTR), address sanctions alerts, and other applicable AML processes in accordance with regulations and time limitations.

• Conduct in-depth fraud investigation on deposits, credit card usage, check fraud, fraud schemes/scams and other illicit activities.

Performed timely verification of questionable transactions, Wrote and drafted SAR filings.

• Assessed operational risks, Fraud, and bribery related issues, reviewed and updated code of conducts and company policies filling.

• Effectively investigated alerts and write suspicious activity reports (SARS) in compliance with established regulator guidelines and timeframes.

• Supported in internal control management to ensure compliance with BSA regulations in products and services.

• Maintaining periodic reviews of written policies and procedures and recommending updates when and where necessary.

• Reviewed new customers portfolio to ensure all necessary details werecaptured.

• Possess a working knowledge of Bank Secrecy Act, Regulations and Anti-Money Laundering Laws.

• Prioritized and organized tasks to efficiently accomplish service goals.

• Stayed tuned to updates and changes to determine the effects if any to bank policies and procedures.

• Assessed each alert for risk posed to the bank and escalate riskaccordingly.