Anti-Money Laundering Fraud Analyst

MICHEAL WILLIAMS

Plano, TX ***** 469-***-**** *****************@*****.***

Professional Summary

Dynamic AML/EDD/FRAUD Analyst with 5years of experience in the financial industry. Have in-depth knowledge in Anti-Money Laundering, Fraud investigation, Ongoing transaction monitoring, KYC (Know Your Customer), Governance Risk and Compliance, Negative news dispositioning, OFAC stripping, High-risk reviews, PEP screening, and Adverse news feed screening. Versed in preparing Suspicious Activity Reports (SARs), Vulnerability Management, and Investigation. Astute compliance professional with great interpersonal skills and multi-tasking ability, seeking an opportunity to expand skills while supporting the organization to achieve its goals.

Skills

Risk management

Banking regulation

Fraud analysis

Interpersonal skills

KYC

Effective communication

Information verification

Investigation

MS Office

Analytical

Due Diligence

Multitasking

Compliance strength

Operation support

Work History

AML/EDD Analyst Mar 2023 to Current

Barclays Bank – Whippany, NJ

Participates in continuous improvement by generating suggestions, engaging in problem-solving activities to support teamwork.

Conduct thorough reviews for high-risk clients based on stratified risk level guidelines.

Identifies potential threats, vulnerabilities and suspicious behavioral patterns and recommended mitigation measures.

Perform Enhanced Due Diligence on high-risk customers and transactional analysis using software/databases such as Lexis-Nexis, World-check, RDC, Documentum, Clink.

Assist in risk assessment, Identification, and on-going monitoring of higher risk accounts to detect suspicious activity.

Support KYC processes for prospective and existing customers.

Perform yearly reviews of bank policies and procedures to evaluate compliance with regulatory requirements and standards.

Recommend new software tools and enhancements to improve fraud detection, prevention, and reporting efforts.

Review alerts at a high volume to determine if true match to suspected money launderers, drug dealers or terrorist.

Perform detailed analysis on Suspicious Activity Reports (SAR) while using FinCEN Database to detect patterns, trends, anomalies and new fraud schemes in transactions.

Conduct KYC formality reports on questionable accounts and transactions.

Escalate unusual activity to the Financial Intelligence Unit (FIU) and assist with escalating potential risks.

AML/FRAUD Analyst Sep 2019 to Feb 2023

Wells Fargo Bank – Bowie, MD

Collaborated with team members to discuss fraud trends and brainstorm methods to combat this type of crime.

Reviewed reports and individual transactions which appeared suspicious to uncover possible fraudulent activity.

Assessed operational risks, updated code of conduct, and company policies.

Reviewed documentation to prevent fraud, money laundering and identify theft losses.

Met and exceeded both productivity and quality benchmark.

Prioritized and organized tasks to efficiently accomplish service goals by developing solutions and meeting deadlines.

Analyzed large amounts of data to find patterns of fraud and anomalies.

Conducted objective, thorough, and timely investigations into allegations of fraud.

Analyzed and investigated complex fraud cases including ATO (Account Take Over), Dispute fraud, Elder abuse, and Synthetic Identity using Software such as Zendesk, Salesforce, Unit21, Looker, Whatismyipaddress, LexisNexis, Documentum.

Orchestrated update and integration of important changes into institutional operations.

Restricted accounts alerting with online logins from OFAC sanction countries according to bank's policy.

Communicated with compliance manager to thwart potential money laundering or terrorist financing.

Education

National Diploma: Computer Science 11/2011

Yaba College of Technology, Lagos State, Nigeria

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