Stephen

Goal oriented AML/FRAUD/EDD/OFAC analyst with 5years of experience in the financial industry. Versed in Anti-Money Laundering, BSA (Bank Secrecy Act), Account review, Drafting Suspicious Activity Reports (SAR), OFAC stripping, Negative news dispositioning, KYC (Know Your Customer), Fraud analysis, High-risk reviews, PEP screening, and Enhanced due diligence. Creative compliance professional with great interpersonal skills and multi-tasking ability, seeking an opportunity to expand skills while supporting the organization to achieve its goals.

AML/FRAUD Analyst at TD Bank (2024-06 – Present)

• Prioritize and organize tasks to efficiently accomplish service goals by developing solutions and meeting deadlines.
• Analyzing transactions across multiple systems and reviewing information from various sources to identify potential money laundering or fraud and file Suspicious Activity Reports ( SARs)
• Collaborates with team members to discuss fraud trends and brainstorm methods to combat this type of crime.
• Investigates suspicious activities arising from account surveillance and branch escalation.
• Research and gather information for escalated alerts related to suspicious activity.
• Analyze and investigate complex fraud cases, including Account takeover, dispute fraud, elder abuse, and identity theft, using tools like Looker, Zendesk, Unit21, LexisNexis, Documentum, RDC.
• Provides inputs on new ways of identifying fraud as well as improving existing fraud models.
• Examine various types of materials, including financial statements, written documents and audio files that could be used as evidence for fraud cases.
• Perform detail analysis on Suspicious Activity Reports (SAR) while using FinCEN Database to detect patterns, trends, anomalies and new fraud schemes in transactions and relationships across multiple businesses/products.
• Analyze large amounts of data to find patterns of fraud and anomalies.
• Review financial statement with international wire transfer, check clearing, and fund transfer.
• Participates in continuous improvement by generating suggestions, engaging in problem-solvng activities to support teamwork.

AML/EDD/OFAC Analyst at Wells Fargo Bank (2021-02 – 2024-05)

• Reviewed alerts at a high volume to determine if true match to suspected money launderers, drug dealers or terrorist.
• Investigated possible OFAC hits and escalated for further review and approval from management.
• Conducted thorough reviews for high-risk clients based on stratified risk level guidelines.
• Identified threats, vulnerabilities, and suspicious behavior patterns to recommend mitigation measures.
• Communicated with compliance manager to thwart potential money laundering or terrorist financing.
• Recommended new software tools and enhancements to improve fraud detection, prevention, and reporting efforts.
• Performed Enhanced Due Diligence on high-risk customers and transactional analysis using software/databases such as Lexis-Nexis, RDC, World-check, C-link, Documentum, Google.
• Assisted OFAC manager in compiling information to assist management in ascertaining OFAC risk and responding to information requests.
• Performed CIP and CDD on new customers to ascertain their risk level.
• Reviewed documentation to prevent fraud, money laundering and identify theft losses.
• Performed yearly reviews of bank policies and procedures to evaluate compliance with regulatory requirements and standards.
• Escalated unusual activity to the Financial Intelligence Unit (FIU) and assisted with escalating potential risks.

Higher National Diploma in Accounting – The Federal Polytechnic Bauchi, Bauchi state, Nigeria