Summary
Overview
Work History
Education
Skills
Certification
Timeline
Generic

Solomon B Morakinyo

Summary

Dynamic Compliance Analyst with a proven track record , excelling in regulatory compliance and risk assessment. Expert in financial analysis and process improvement, I successfully optimized compliance reporting, enhancing accuracy and reducing turnaround time. Adept at investigations and documentation, I drive initiatives that strengthen overall risk management and ensure adherence to AML procedures. Detail-oriented compliance analyst familiar with conducting research and compliance investigations. Productive, responsible and insightful professional with an organized approach. Ready to leverage several years of experience to take on new position at successful organization.

Overview

7
7
years of professional experience
1
1
Certification

Work History

KYC COMPLIANCE ANALYST

UBS
10.2021 - 05.2025
  • Provide and maintain a compliant working environment by adhering to all laws, regulations and ethical standards
  • Identified and investigated the identity of the customers through independent and reliance sources of documentation, data and information.
  • Conducted thorough KYC investigations, ensuring compliance with regulatory standards.
  • Analyzed complex financial data to identify potential risks and anomalies.
  • Prepares and reports on issues to the Branch Compliance Committee
  • Maintain all sections of the Compliance policies and procedures relating to KYC
  • Optimized compliance reporting, reducing turnaround time and improving accuracy.
  • Implemented new KYC procedures, strengthening overall risk management.

GOVERNANACE RISK COMPLIANCE

USAA Federal Savings Bank
07.2021 - 10.2021
  • Supported the development of IT governance structures that align with corporate objectives.
  • Prepared reports outlining findings from assessments of internal control systems.
  • Developed and implemented GRC policies, procedures, and controls to ensure compliance with applicable laws and regulations.
  • Evaluated third-party vendors for security compliance according to company requirements.
  • Advised management on the most appropriate risk response options based on cost and benefit analysis.
  • Provided guidance on the design, implementation, and monitoring of GRC solutions across multiple functions.
  • Identified gaps between current state of operations and desired future state based on industry standards or best practices.

CRYPTO ANALYST(AML/KYC)

ALPACA
01.2021 - 06.2021
  • Maintain QC standards and procedures, including risk-based standards for compliance
  • Evaluating complaints related to crypto currency theft for possible investigation.
  • Conducting analysis of crypto currency transactions using both open-source and third-party tools.
  • Conduct OFAC sanction screening, Fraud Alert, Terrorist Financing, etc., screening both the clusters and name services involved and also Review Transaction Exposure on both receiving and sending using Chainalysis.
  • Improved internal knowledge sharing by developing comprehensive documentation outlining standard operating procedures for various tasks.
  • Maintaining expertise in the use of block chain analysis tools.
  • Searching law enforcement databases for leads related to crypto currency theft and other cybercrimes.
  • Representing DANY in inter-agency calls and meetings involving crypto currency-related crime.
  • Working with other bureaus and units, including our digital forensics lab, to enhance our ability to trace and recover cryptocurrency assets.
  • Training analysts across the office in the use of various tools to conduct block chain analysis.
  • Perform related administrative and clerical tasks as assigned including drafting subpoenas and organizing records.

SENIOR KYC COMPLIANCE ANALYST

USAA
03.2020 - 12.2020
  • Very proactive approach to process improvement, actively seeks opportunities for change that benefit the wider team
  • Contributing ideas and participating in efforts to further improve and streamline the process
  • Perform Periodic KYC reviews on risk-based schedule
  • Liaison with Compliance Department and the senior management within Business units supported
  • End to end management of client KYC process including liaison across the business, compliance and operations
  • Assists with the implementation of unit objectives and policies and procedures to meet organizational goals and objectives focused on AML/KYC in support of USAA and its membership.
  • Produce risk-based written analyses of customers who require periodic review and escalate to the appropriate CoSA's for file remediation, as needed. (CDD, EDD, SDD)
  • Works within aggressive timelines to ensure goals are accomplished for KYC Customer Profile reviews.
  • Identify, review and monitor higher risk customers to minimize risk for the Enterprise (CDD, EDD, SDD).
  • May conduct research, analyze and evaluate additional verification via non-documentary methods and notify CoSA to take reasonable measures to restrict the Customer's ability to use, liquidate and/or close the Account/Covered Product. (CIP)
  • Manage Negative News and PEP screening functions, as appropriate. (CDD, EDD, SDD)
  • Conduct periodic reviews of customers as needed to ensure accuracy of profile. (CDD, EDD, SDD)
  • Utilize documentary and non-documentary requirements, as appropriate, to be applied to verify the identity of the Customer. (CIP).
  • Participates in AML/KYC key initiatives, work streams, working groups and projects.
  • Performed the required KYC screenings on customers documenting the information obtained on the clients as required by global KYC procedures.
  • Performed Enhanced Due Diligence on high-risk clients and high-risk entities.
  • Responded to a wide range of customer enquiries, resolving issues satisfactorily.
  • Acted as a point of reference for technical and procedural issues. AML/KYC in other to ensure customer requirements are satisfied.

CLIENT ONBOARDING ANALYST

SunTrust Bank
03.2019 - 11.2019
  • Built and retained accurate KYC profiles on internal KYC systems whilst ensuring supporting documentation are obtained in accordance with global and regulatory requirements.
  • Investigated politically exposed persons (PEP).
  • Conducted registration and on-boarding for third parties, also opening and on-boarding new customers across a variety of structures.
  • Examined internal reports, compile full accurate disclosure reports and forward to MLRO for onward disclosure.
  • Advised on account opening, amendments, ABC registrations and KYC matters.
  • Responsible for new client data validation and documentary evidence to fulfill client identification and classification requirements to meet banks AML policy within FCA regulated environment.
  • Responsible for collating documentation for on-boarding new bank corporate customers and ensuring compliance with the Financial Services and ensuring compliance with the Financial Services and Markets Act, and specifically with the Money Laundering Regulations.
  • Reported discrepancies identified in documentation and providing appropriate feedback.

GOVERNANCE RISK COMPLIANCE ANALYST

Tesco Finance
02.2018 - 12.2018
  • Conducted comprehensive risk assessments, identifying potential compliance gaps and implementing robust mitigation strategies for Tesco Finance.
  • Streamlined governance processes, reducing audit preparation time and enhancing overall regulatory compliance posture.
  • Meticulously reviewed and updated compliance policies, ensuring alignment with evolving financial regulations and industry best practices.
  • Implement processes, such as GRC (governance, risk and compliance), to automate and continuously monitor information security controls, exceptions, risks, testing.
  • Developed reporting metrics, dashboards, and evidence artifacts.
  • Updates security controls and provides support to all stakeholders on security controls covering internal assessments, regulations, protecting Personally Identifying Information (PII) data, and Payment Card Industry Data Security Standards (PCI DSS).

Education

Bachelor of Science - Human Resources Management With Information System

UNIVERSITY OF PLYMOUTH
UNITED KINGDOM
03-2013

Master of Science - PROFESSIONAL LEADERSHIP

UNIVERSITY OF PLYMOUTH
UNITED KINGDOM

Skills

  • KYC compliance
  • Regulatory compliance
  • Financial analysis
  • Risk assessment
  • AML procedures
  • Data analysis
  • Anti-money laundering
  • Documentation skills
  • Sanctions screening
  • Investigations expertise
  • Due diligence
  • Risk mitigation
  • Fraud prevention
  • Investigation techniques
  • Process improvement
  • Activity monitoring

Certification

  • Security + Certification, CompTIA

Timeline

KYC COMPLIANCE ANALYST

UBS
10.2021 - 05.2025

GOVERNANACE RISK COMPLIANCE

USAA Federal Savings Bank
07.2021 - 10.2021

CRYPTO ANALYST(AML/KYC)

ALPACA
01.2021 - 06.2021

SENIOR KYC COMPLIANCE ANALYST

USAA
03.2020 - 12.2020

CLIENT ONBOARDING ANALYST

SunTrust Bank
03.2019 - 11.2019

GOVERNANCE RISK COMPLIANCE ANALYST

Tesco Finance
02.2018 - 12.2018

Bachelor of Science - Human Resources Management With Information System

UNIVERSITY OF PLYMOUTH

Master of Science - PROFESSIONAL LEADERSHIP

UNIVERSITY OF PLYMOUTH

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Solomon B Morakinyo