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AML Compliance Manager Resume Example

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AML COMPLIANCE MANAGER
Professional Summary

Solid 15 years of BSA, USA PATRIOT Act and OFAC Compliance experience in the money transfers industry, fully adept to identify gaps in the daily compliance operation and implementing changes to mitigate AML/ CTF and Fraud risks. Demonstrated ability to provide direction and leadership to team members. Strong background working with federal and state regulations. Quality-driven and hardworking with proven skills in spotting issues, developing resolutions and implementing corrective actions.

Skills
  • Regulatory Compliance / BSA & USA PATRIOT Act
  • BSA / AML Compliance Programs
  • AML Compliance Risk Assessment
  • AML Compliance Policies and Procedures
  • Fraud Prevention Policies and Procedures
  • Transactional Analysis / Data Mining / Conducting investigations
  • AML Compliance Monitoring
  • Analytical thinking
  • AML Training / Coaching
  • AML Agent Oversight
  • File Preparation / Case investigation
  • SAR Filing
  • Project Management
  • Subpoenas & IRS Requests
  • Section 314(b) requests
  • Bilingual: Spanish
Work History
AML Compliance Manager, 08/2011 to Current
DOLEX DOLLAR EXPRESS – Arlington, TX
  • Supervises the company's compliance transactions monitoring systems which filters money transfer transactions to ensure compliance with AML, BSA, USA PATRIOT Act and OFAC regulations.
  • Manages the daily operations of AML staff by overseeing alert/case volumes and providing ongoing coaching, guidance, and training.
  • Updates, reviews and implements changes to company's Compliance AML & BSA Corporate Manual and Operating Methods and Procedures Manual to ensure compliance with BSA/USA PATRIOT ACT, state regulations and company internal policies.
  • Reviews and updates the AML & BSA Compliance Risk Assessment as it relates to types of points of sale, products and services offered to the public.
  • Reviews and evaluates patters of fraud alerts to implement any needed changes to the Compliance Monitoring System to prevent and detect fraudulent activity.
  • Conducts investigation on possible cases of money laundering, fraud and elder abuse, interviews agency owners about the case, gather information, and determines actions to close the case.
  • Manages, designs and implements guidelines to perform transactional analyses intended to assess the efficiency of the company's internal monitoring systems and verify the level of compliance with BSA regulations and identify possible customer unusual activity.
  • Supervises and performs AML Compliance onsite visits to the company's own branches and authorized agents to review and evaluate their level of Compliance with AML/BSA regulation and internal policies and reports findings to upper management making recommendations to remediate observations and ensures any issues found, if any are resolved accordingly.
  • Handles criminal and civil subpoenas from government and private entities ensuring responses in a timely manner, completeness and accuracy of information.
  • Manages IRS Requests of information from the company's owned branches and authorized agents ensuring all needed information is received on a timely manner by IRS auditor.
  • Trains compliance team members in all aspects of BSA PATRIOT Act regulations and Compliance operating procedures.
  • Informs the Agent and Branch network by Memo of any new Compliance requirements and/or announcements related to BSA & AML regulation and internal policies.
  • Prepares and e-files SARs with FinCEN SARs according to regulations in a timely manner ensuring completeness and correct information.
  • Handles Section 314b Requests ensuring confidentiality of information.
  • Ensures the Compliance Monitoring team is operating in compliance with regulatory laws and the company's internal processes and procedures.
  • Hires, trains, and leads the team of Compliance Analysts in all areas of AML & Fraud Prevention Monitoring.
  • Manages daily, weekly and quarterly performance of Compliance Analysts as it relates to Compliance Monitoring and Transactional Analyses.
  • Coordinates the Compliance Monitoring and Transactional Analysis workflow to ensure even and efficient distribution of resources to ensures timely and cost-effective responses.
  • Implements process improvements based on feedback from Internal Audit evaluations and results of transactional Analyses to ensure compliance with federal and state regulations and internal policies.
  • Periodically conducts Q & A reviews of SARs to confirm compliance with regulation and verify those were filed on time, complete and accurate, and other reviews of released transactions to verify all related processes and procedures were applied accordingly with regulation and the company's policies.
  • Provides monthly and/or as requested metrics and results to management to evaluate staff performance and estimates of staff needed.
  • Receives continuous updates related to anti-money laundering laws, fraud prevention and specific country regulations as applicable to the company's operation.
  • Verified consistency in quality planning, quality control, quality insurance and quality improvement.
  • Performs other duties as assigned by the Chief Compliance Officer.
Sr. AML Compliance Analyst, 04/2005 to 07/2011
DOLEX DOLLAR EXPRESS – Arlington, TX
  • Reviewed and updated the Compliance Department Manuals, both AML & BSA Manual and Operating Manual of Methods and Procedures with detailed information regarding regulations and changes in internal policies and procedures.
  • Performed internal reviews of transactions over the company's branch network to evaluate and to verify that implemented processes and controls were in accordance with the established rules, and to detect if there were any patterns of unusual activity that could put the company at risk.
  • Prepared reports of findings along with recommendations to improve/correct possible system deficiencies or training personnel issues.
  • Researched audit requests from government entities such as the IRS and other financial institutions and assists in writing the audit response letters.
  • Reviewed customers' financial documentation submitted for pre-approval of large money transfers and recommended solutions to customers to expedite the approval process.
  • Trained new Compliance Analysts regarding the analysis and releasing of transactions according to the BSA and internal policies.
  • Assisted cashiers from over 800 branches regarding company policies and requirements for money transfers.
  • Answered customers' inquiries regarding money transfers status and resolved issues in a tactful manner providing the highest level of customer service.
  • Filed with FinCEN Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs).
  • Enhanced regulatory, strategic and operational performance to keep in alignment with deadlines.
Personal Tax Specialist, 01/2006 to 03/2006
H & R BLOCK – Fort Worth, TX
  • Conducted reviews of internal tax documentation, reducing errors related to missed tax benefits.
  • Prepared personal tax returns for individuals and business owners.
  • Researched tax regulations to help clients acquire the highest tax benefits depending on their filling status.
  • Maintained thorough and current understanding of applicable tax laws.
  • Reviewed clients tax filing papers thoroughly to determine eligibility for additional tax credits or deductions.
Accounts Payable Clerk, 10/2000 to 08/2003
MIAMI COMPUTER SUPPLY INC – Dayton, OH
  • Utilized automated accounting systems for data input and to obtain financial reports.
  • Performed account analysis and account reconciliation.
  • Researched invoice problems and processed corrected payments.
  • Administered company checks stock and produced checks for vendors and employee travel payments.
  • Maintained records of payment information and distributed payment documents.
  • Negotiated and resolved freight billing/payments concerns, efficiently maintaining customer relations.
  • Applied proper codes to invoices, files and receipts to keep records organized and easily searchable.
  • Verified vendor accounts by reconciling monthly statements and related transactions.
Education
MBA: Finance, 11/2004
Wright State University - Dayton, OH
Bachelor of Science: Accounting, 05/2003
Wright State University - Dayton, OH
Affiliations
Association of Certified Anti-Money Laundering Specialists (Aug 2005) Association of Certified Fraud Examiners (Jan 2019)
Additional Information
  • AWARDS: , Circle of Excellence 2008, 2009 and 2013 (Employee Award)
Certifications
  • CFE, Certified Fraud Examiner, ACFE, 2020
  • CAMS, Certified Anti Money Laundering Specialist, ACAMS, 2005
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Resume Overview

Companies Worked For:

  • DOLEX DOLLAR EXPRESS
  • H & R BLOCK
  • MIAMI COMPUTER SUPPLY INC

School Attended

  • Wright State University

Job Titles Held:

  • AML Compliance Manager
  • Sr. AML Compliance Analyst
  • Personal Tax Specialist
  • Accounts Payable Clerk

Degrees

  • MBA : Finance , 11/2004
    Bachelor of Science : Accounting , 05/2003

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