Summary
Overview
Work History
Education
Skills
Certification
Professional Statement
Timeline
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SUMA KARGBO

Dallas,Texas

Summary

An experienced Senior Anti-Money Laundering Analyst with a proven track record of success conducting thorough Customer Due Diligence and Know Your Customer investigations. For over eight years, meticulously investigated large dataset cases to make well-informed evaluations of money movement and financial practices. Well-versed in applicable audit processes, procedures and regulations. Possesses a diligent work style with a focus on accuracy and compliance.

Overview

10
10
years of professional experience
1
1
Certification

Work History

AVP Senior AML Analyst

Citibank
01.2017 - Current
  • Provided recommendations for continuing or terminating customer relationships based on thorough investigations and findings which will involve filling SAR or no SAR. Findings were reviewed and approved according to Suspicious Activity Report protocols.
  • Collaborated with law enforcement agencies to proactively identify and mitigate risks uncovered during comprehensive investigations.
  • Managed projects efficiently, ensuring deliverables met deadlines and high standards of quality.
  • Responsible for initially evaluating new domestic and foreign correspondent banks and non-bank financial institutions.
  • Facilitated crucial information sharing and exchange of critical data by liaising with financial intelligence units, advisory teams, business compliance, national security agencies, global intelligence units, and law enforcement.
  • Coordinated with senior leaders to ensure seamless collaboration across compliance, legal, and business functions regarding anti-money laundering issues.
  • Provided expert-level guidance to a team of 5 analysts after conducting thorough reviews of current performance and recommended appropriate plans to enhance performance.
  • Leveraged subject matter expertise to draft and review case documents and Suspicious Activity Reports for a team of 5 analysts, and provided analysts feedback for report filing.
  • Successfully managed organizational change, ensuring smooth transitions during periods of restructuring or process improvement initiatives.
  • Streamlined communication channels between departments to facilitate enhanced collaboration on cross-functional projects..

Senior AML Officer

Citi Group
02.2016 - 01.2017
  • Extensively authored and distributed reports on anomalous transactions to support Suspicious Activity Report filings and various investigative needs.
  • Skillfully reconciled accounts, mitigated risks, and tracked trends and potential irregular transactions related to fraud, money laundering, terrorist financing, and other criminal offenses through thorough reviews of transaction records.
  • Provided strategic recommendations to enhance timely detection and prevention of fraudulent activities while developing a deeper understanding of emerging money laundering schemes.
  • Reduced fraud-related expenses by 94% by developing more efficient methods that facilitated rapid identification of fraudulent transactions.
  • Conducted in-depth research, analysis, and documentation of account activity to minimize Bank Secrecy Act and fraud exposure. Deployed sound judgment and established criteria to design and apply corrective actions related to fraudulent transactions.
  • Expertly led several investigations and drove suspicious activity casework to timely resolution in an efficient manner.

AML Detection & Investigations II

JP MORGAN/ CHASE BANK
01.2014 - 02.2016
  • Review all suspicious transactions thoroughly, draft comprehensive suspicious activity report (SAR) narratives clearly outlining relevant details, and ensure timely SAR filings in accordance with established service level agreements.
  • Formulate well-reasoned account retention decisions by considering mitigating and aggravating factors such as the severity of non-compliant conduct uncovered during investigations and any history of similar issues.
  • Engage in constructive dialog with senior executives across Compliance, Legal, and business operations regarding strategic anti-money laundering initiatives and pressing compliance matters.
  • Analyze customer transactional behavior patterns including trading activity and fund movements to identify potentially suspicious behaviors warranting further review.
  • Independently assess completed customer due diligence (CDD) and enhanced due diligence (EDD) evaluations by evaluating customer profiles for completeness and accuracy to maintain adherence to know your customer (KYC) standards.

Education

BSC, BUSINESS ADMINISTRATION -

Ohio Dominican University
Columbus, OH
05.2011

Skills

  • Actimize
  • Mantas Sme
  • AML Typologies
  • KYC
  • LexisNexis
  • World Check
  • OFAC
  • SharePoint
  • Lotus Notes
  • Microsoft Office (Word, Excel, PowerPoint, Outlook)
  • ECredit
  • Dun & Bradstreet
  • SharePoint
  • LAD
  • Clarity
  • Mainframe
  • One view
  • CORE
  • Fraud Investigations
  • Research & Analysis
  • Regulatory Compliance
  • Risk Mitigation
  • Process Optimization
  • Strategy Building
  • Documentation & Reporting
  • Team Leadership
  • Training & Mentorship
  • Corporate Communications

Certification

Certified Anti-Money Laundering Specialist (CAMS), in progress

Professional Statement

Exceptionally meticulous, detail-driven, and resourceful professional with hands-on experience leveraging analytical and problem-solving expertise to inquire and prevent money laundering activities within banking sector through usage of various investigative tools and techniques. Broad knowledge of anti-money laundering regulations, including OFAC, BSA, and USA PATRIOT ACT with proven competency in KYC/CIP, due diligence, loss controls, AML/BSA compliance; leading and finalizing investigations on suspicious activities to ensure safer and faster transactional processes, while maintaining regulatory compliance. Excellent research and reporting skills employed to develop error-free reports with impeccable attention to detail and accuracy.

Timeline

AVP Senior AML Analyst

Citibank
01.2017 - Current

Senior AML Officer

Citi Group
02.2016 - 01.2017

AML Detection & Investigations II

JP MORGAN/ CHASE BANK
01.2014 - 02.2016

BSC, BUSINESS ADMINISTRATION -

Ohio Dominican University

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SUMA KARGBO