Ruth Ugochukwu

Duties

• Evaluate and monitor transactional activity to identify potential suspicious activity.
• Interpret and implement client-operating policies related to financial data.
• Identify data anomalies and red flags for money laundering, terrorist financing, fraud, sanctions violations, and escalate for second level review.
• Adhere to designated timeframes and procedures to ensure timely and accurate completion of tasks.
• Interface with customer servicing officers and other bank employees regarding customer transactions and/or deficiencies in customer identification or due diligence detected during the monitoring process.
• Document investigations within the Bank's automated BSA/AML transaction monitoring system.
• Perform negative news searches, PEP, and SDN list using tools such as FORCE, CITA, COB, etc.

SAR Filing

• Draft SARs for filing with FinCEN, including Continuing Activity Reviews (90 days).
• Articulate red flags and suspicious activity patterns within the SAR narrative.
• Maintain a detailed record of all SAR filings and related documentation.
• Liaise with law enforcement when necessary to provide additional information on suspicious activities.
• Present information on investigation reviews at committee meetings.

Compliance

• Assist in special projects and tasks for the department as directed.
• Adherence to the Bank's BSA/AML policy and procedures, and professional ethical standards.

Duties

• Analyzes data from multiple systems and reports to identify account, transactional, and identity theft risk.
• Verify client identities and assess their relationships with financial institutions for Know your Customer (KYC) purposes.
• Initiate the risk assessment and ongoing due diligence and review AML/KYC documents for accuracy of information.
• Takes appropriate action to avert or minimize loss and compliance risk and analyze suspicious nature of the transaction.
• Research/analyze data and recognize/evaluate patterns of customer activity
• Investigate with understanding of different fraud typology that can occur in a banking environment, including deposit fraud. internal fraud. card fraud. ACH and wire fraud. kiting and money laundering activity.
• Create narrative summary for the decision made during account analysis.
• Prepare and file Suspicious Activity Reports (SARs) when warranted, ensuring that all necessary documentation is thorough and complies with regulatory standards.
• Effectively respond to questions from Law Enforcement, Prosecutors, and Officers of the Court and work multiple inquiries/investigations simultaneously

Duties

• Lead the process for handling fraud investigations, overseeing case escalations and determining appropriate actions for resolution.
• Manage and implement systems for fraud prevention, detection, and response, leveraging tools like SQL, Boss, Check Watch, Epic, and Flash for analysis and intelligence gathering.
• Investigate lower-dollar fraud claims—such as card losses, identity theft, and returned deposits—using technology to review information and KYC details of client, manage alerts, and make informed decisions.
• Conduct in-depth research for case investigations, including document collection, web research, and phone inquiries, addressing cases of ACH, debit and credit card fraud, elder financial abuse, and scams.
• Make complex decisions regarding case and account closures and report issues like identity theft and losses to consumer reporting agencies.
• Research and recommend fraud prevention solutions, focusing on automation and enhanced controls, ensuring policies align with global standards by thoroughly documenting each case and observing trends and patterns. I