Shola Bakare
Aurora,CO
Summary
Well-versed in reading financial statements, digital records and reports. Skilled at leading, monitoring and motivating subordinates to produce accurate and efficient work. Excellent trainer, mentor and problem-solver. Highly-motivated employee with desire to take on new challenges. Strong work ethic, adaptability, and exceptional interpersonal skills. Adept at working effectively unsupervised and quickly mastering new skills. Proactive and versatile professional with a dedication to quickly adapting to new challenges. Strong problem-solving abilities and a proven track record of fostering strong relationships with clients and team members. Focused on supporting team success and achieving positive results. Results-oriented individual with a passion for continuous learning and innovation. Known for leveraging analytical thinking and creativity to solve problems and deliver high-impact solutions in fast-paced environments.
Overview
12
12
years of professional experience
Work History
Senior AML Analyst
Flagstar Bank, FSB
Houston, TX
10.2019 - 11.2024
- Reviewed and analyzed customer due diligence documents to ensure compliance with AML regulations.
- Performed a time-sensitive and careful study of each instance of probable money laundering activity and/or suspicious financial activity, perhaps across numerous jurisdictions.
- Conducted periodic reviews of existing customers' accounts to identify any suspicious activity or transactions.
- AML investigations with two years of experience, ideally in wealth management.
- Document findings in a transaction monitoring case management system, and provide updates to project viability managers/team leads as needed. Also, file SARs.
- Provided recommendations for process improvements related to AML compliance procedures.
- Developed training materials for staff members regarding AML policies and procedures.
- Scrutinized the viability of business plans, budgets, and strategies created by management.
- Participated in meetings with the senior management team to discuss AML issues that may arise from time to time.
- Tracked all SARs filed by the company and reviewed them for accuracy and completeness.
- Conducted periodic internal account or customer reviews to identify potentially suspicious activity.
Senior AML Analyst
MoneyGram Payment Systems
Dallas, TX
11.2014 - 08.2019
- Developed processes for monitoring customers' accounts in accordance with applicable regulations.
- Conducted investigations into potential violations of AML laws and regulations.
- Wrote procedures for investigations and implemented staff processes to maintain consistency across projects.
- Evaluated data processing applications for institutions under examination to develop recommendations for coordinating existing systems with examination procedures.
- Investigate questionable transactions, and, when necessary, submit SARs to the proper authorities.
- Address AML concerns, and look into any problems in conjunction with other departments, such as compliance, operations, and legal.
- Inspected audit reports from internal and external auditors to monitor the adequacy of the scope of the reports, or to discover specific weaknesses in internal routines.
- Performed due diligence reviews on new customers prior to onboarding them onto the system.
- Identified potential threats, vulnerabilities, and suspicious behavior patterns, and recommended mitigation measures.
- Analyzed financial statements and transaction histories to detect potential money laundering activities.
- Communicated effectively with various teams within the organization about AML compliance matters.
- Maintained up-to-date knowledge of current AML trends, regulations, and best practices.
- ● Prepare the SAR report and perform data clean-up for transactions to be filed with FinCEN.
AML Analyst
Union Bank (Corporate)
03.2013 - 06.2014
- Developed processes for monitoring customers' accounts in accordance with applicable regulations.
- Manages and escalates the caseload of all low, medium, and high-risk complex KYC and AML information gathering and responds to all onboarding and remediation activities.
- Updated client profiles and identified risks for those populations (conducting full KYC reviews).
- Maintained up-to-date knowledge of current AML trends, regulations, and best practices.
- Monitored customer accounts for any changes that may require further investigation or review.
- Utilized advanced analytical techniques such as predictive modeling and data mining in order to detect patterns indicative of money laundering activities.
Education
Bachelor of Science - Computer Science
Lagos State University
Nigeria09-2011
Certification
CAMS IN VIEW
Skills
- Bank Secrecy Act
- Regulatory reporting
- Investigation techniques
- Able to work as a member of a team, as well as be a self-motivator with the ability to work independently
- Records authentication
- Proven analytical, communication (oral and written), organizational, project management, and planning skills
- Excel abilities, including pivot tables
Timeline
Senior AML Analyst
Flagstar Bank, FSB
10.2019 - 11.2024
Senior AML Analyst
MoneyGram Payment Systems
11.2014 - 08.2019
AML Analyst
Union Bank (Corporate)
03.2013 - 06.2014
Bachelor of Science - Computer Science
Lagos State University
Certification
CAMS IN VIEW
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