Nicholas Bii

I am an experienced retail banker having worked in risk and compliance, AML/CFT Analysis, customer onboarding, customer service and cash handling. As an AML Analyst I have an in-depth understanding of the AML laws and procedures. My experience has enabled me to gain valuable skills in research, report writing and analysis.

My prior experience working in various branches further strengthen my understanding of risk in financial services. As a professional, I utilize the acquired skills as well as continuously update myself with industry trends and changes.

Fraud analyst - Chipper cash technologies

(2023-10)

• Conducting and preparing investigations and reviews for sign off with required resolution
• Assist in placing appropriate hold on accounts deemed with fraudulent activity. Track and document action taken in a timely and correct manner to provide a record of activity and meet audit and compliance requirements.
• Maintain detailed analysis and clear articulation of all investigational rationale within the case management system alert to disposition or escalate the case.
• Review and analyze daily alerts generated by Chipper Cash's fraud monitoring tool
• Assist in ensuring risk policy requirements are met, risks are being appropriately managed, accurately reported and escalated Fraud Lead as appropriate.
• Assist in providing detailed due diligence reports and recommendations for each case and assist with SAR preparation when suspicion has been reached.
• Keeping abreast on fraud prevention, trends and detection/response issues/questions.
• Conduct end-to-end fraud risk strategy for new & existing products.
• Assist the Fraud lead with the end-to-end fraud risk strategy for new and existing products.
• Coordinating the creation and implementation of processes to prevent, detect, and respond to fraud based on fraud intelligence and event analysis.
• Supporting the Fraud lead with the delivery of fraud and enterprise security education, training, and awareness programs.

Onboarding and Due Diligence (EDD/AML)/SANCTIONS) Specialist - Chipper cash Technologies

(2021-10 - 2023-09)

• Perform Know Your Client (KYC) due diligence in accordance with internal Anti-Money Laundering (AML) guidelines and policies.
• Review and check for the completeness of Customer Due Diligence (CDD) information and supporting documentation before submitting the onboarding.
• Implementing KYC procedures relating to clients.
• Monitor Transactions to detect and Prevent any suspicious activities in the clients accounts.
• Ensure compliance with both general and Anti-Money Laundering and Anti-Terrorist Financing (AML/ATF) compliance controls as well as operational risk controls in accordance with the Group Anti-Money Laundering policy, Group Sanction policy procedures and country requirements.

Senior AML analyst - Equity bank Kenya ltd

(2016-05 - 2021-09)

This role required a unique blend of business and technical skills to effectively drive the required activities below:

• Transaction monitoring including detection of suspicious transactions, investigations into the suspicious activities and reporting of the transactions as per the guidelines.
• Carrying out proper KYC/EDD for customer risk classification and compliance with AML laws
• Provide, training to staff, on matters relating to compliance and enterprise risk management requirements
• Handling high risk accounts enhanced due diligence queries from branches including KYC documents verification and transaction analysis on foreigners
• Monitoring Swift and Money Transfer Services Transactions for money laundering and Terrorism Financing suspicions and reporting
• Conducting risk assessments on products/services, geographies, delivery channels and departments. Also review policies and procedures develop controls mitigating the same.
• Developing and annual review of internal policies relating to AML/CFT and follow up for the rollout and implementation.
• Review AML sanctions related alerts
• Respond money laundering related queries/questionnaires received from Corresponding Banks.
• Liaison with the branches in assisting with documentation for investigations as well as providing advisory to branches on matters relating to AML and compliance
• Preparing cash transaction reports and review.
• Training staff on suspicious transactions identification and reporting

Senior relationship officer, KYC/Accounts opening supervisor - Equity bank Kenya ltd

(2014-03 - 2016-04)

• verifications of customer's documents for accounts opening purposes i.e. id card verification
• Carry out an EDD on the high risk customers as advised by AML compliance team
• Liaise with legal department in conducting registered business name and company searches
• Verifications of passports and ids with IPRS during accounts opening
• Assist in the floor management
• Assist in training the branch on KYC matters

Relationship officer, back office - Equity bank Kenya ltd

(2013-06 - 2014-02)

• Processing SWIFT and RTGS payments in adherence to banks policies and procedures
• ATM management and cash reconciliations
• Issuance of ATM pins to carded customers
• Stock trading, investment advice on stock to clients

Relationship officer, business channels (abc) - Equity bank Kenya ltd

(2012-02 - 2013-05)

• Printing of ATM cards for customers in accordance with bank's policies and procedures
• Cards limit amendment and linkages
• Card stoppage on suspected frauds

Relationship officer cash - Equity bank Kenya ltd

(2010-12 - 2013-04)

• Was a branch teller in various branches | paying personal, company and group accounts|
• M-pesa teller.
• Exchanging dollars for foreign currency
• Answering questions from customers about their accounts
• Recording all transactions electronically throughout the shift

Bachelors of Commerce Degree - Finance option - Kabarak university (2013 - 2016)

Certified public accountants, Part 2

Kenya Certificate of Secondary Education (K.C.S.E) (2003 - 2006)