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Compliance & Operational Risk Control Specialist Resume Example

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COMPLIANCE & OPERATIONAL RISK CONTROL SPECIALIST
Professional Summary
  • Skilled financial professional with 8 years experience in developing and implementing successful risk management policies (AML Investigations). Proficient at evaluating risk for significant transactions, analyzing business processes to determine business risk appetite, and developing reports documenting transaction risk.
  • Assessed potential Office of Foreign Assets Control (OFAC) hits to ensure that transactions are following the US sanctions and collaborated with the team and other financial institutions to fulfill Section 314(b) requirements of the USA Patriot Act on the sharing of information requests.
  • Reviewed a variety of low, moderate, and highly complex business activities and transactions, which required a combined level of banking experience and AML expertise, in order to effectively assess the quality of AML department work.
  • Analyzed business documentation to identify areas of risk and to enhance workflow processes and developed reports documenting risk to potential plans, strategies, and transactions for presentation to Management.
  • Maintained critical KYC documentation and maintained electronic and physical partner records.
Education
Masters Certification in Data Analytics: Data Management Technology2018Cornell University- Ithaca, NY
Bachelor of Science: Accounting2009Nasarawa State University- Keffi, Nasarawa, NG
Certifications
CAMS (2017)
Skills
  • Teamwork / Collaboration
    Compliance Management
    Regulatory Affairs
    Internal Auditing
    Budgeting
    Project Management
    Legal Compliance
    Quality Assurance and Control
    Quality Management
    Product Development
Work History
Compliance & Operational Risk Control Specialist12/2019 to 01/2020
UBS Bank – Weehawken, NJ
  • Support definition and performance of second-line-of-defense activities in relation to suitability risk
  • Work on global and regional policy and procedure initiatives
  • Remediation, internal audit, controls, experience with different LOBs
  • Establish monitoring workflow and testing procedures for inter-entity oversight
  • Risk control self-assessment; encourages both management and staff to assume responsibility for internal control
  • Maintenance of Risk framework which includes KPC, KPI, SAR, Cost Allocation, and Regulatory requirements
  • Reviewing and understanding of policies, procedures, and programs to ensure appropriate and effective risk mitigation controls are in place
  • Measurable-metrics for KPI, provide early warning signals, trends and measure status of risk control
  • Provide business management with controls, tools, training, frameworks, information, and insights required to manage suitability risk
  • Build new process/data query to identify securities issued by various legal entities across firm
  • Deliver independent risk assessment and reports that shed light on our suitability risk profile
  • Support Financial Crime Compliance Americas Policy and Training team to ensure adherence to local requirements and meet global standards
  • Develop Financial Crime related policies and procedures in consistent and clear manner, following adequate interpretation of applicable rules and regulations
  • Monitoring risk-based compliance program to ensure compliance with federal, state, agency, legal and regulatory requirements
  • Providing oversight to compliance function, gap analysis, implementation checklist
Fraud/Compliance Specialist07/2019 to 10/2019
City National Bank – Newark, NJ
  • Conducted investigations on customer activity generated by City National Bank's AML program as well as bank personnel referrals (alerts, cases and Unusual Activity Report)
  • Identify fraudulent transactions and cancel them from further processing as well as identify system improvement to prevent fraudulent activities
  • Review system generated transaction report and investigate account activity for potentially suspicious activity, including structuring and high-risk wire activity from inception to completion and draft SAR's
  • Operating within agreed business Service Level Agreements (SLAs) and confidentiality standards
  • Solid understanding of Actimize outbox: SAM, CDD, WLF, and TC
  • Conduct enhanced due diligence (EDD) research/continuing due diligence and complete related reports
  • Assist with Bank's compliance risk assessment program, as well as enhance due diligence (EDD) reviews
  • Observe customer transactions to identify fraudulent activity such as account take over, friendly fraud, theft, ACH transactions, wires, and credit card fraud
  • Recommend anti-fraud processes for changing transaction patterns and trends
  • Maintain fraud analysis model to improve efficiency and effectiveness of company systems
  • Monitor constantly customer and transactional records to identify unauthorized transactions and fraudulent accounts
QA Compliance Specialist06/2017 to 06/2019
Silicon Valley Bank – Tempe, AZ
  • Drafted policies and procedures to ensure the team and analyst were working in compliance with the bank and external requirements
  • Analyzed and reported risk levels for business strategies and transactions
  • Data Assessment and Compliance Testing
  • Provided supervision and quality assurance reviews for a team of 8 analysts
  • Evaluated financial and business documents to determine the risk appetite
  • Counseled committees and department heads regarding compliance risks and standards
  • Support the Financial Intelligent Unit on the implementation of policies and procedures, while partnering with business senior management
  • Implementation and upgrades of any one of the Actimize AML solutions-SAM, CDD, WLF
  • Assessed potential Office of Foreign Assets Control (OFAC) hits to ensure that transactions are following the US sanctions and collaborated with the team and other financial institutions to fulfill Section 314(b) requirements of the USA Patriot Act on the sharing of information requests
  • Used various internal and external resources (Lexus-Nexis, Nice-Actimize, Oracle Case management tool RCM, SharePoint and DowJones) to conduct time-sensitive investigations of alerted and referred transactions/clients for suspicious activity and ensuring that customers and clients have new AML models/scenarios
  • Supported business initiatives through data analysis, the identification of implementation barriers and the user acceptance testing of various systems
  • Oversaw and monitored violation tracking system for accuracy, which reduced risk issues by more than 10% QC
  • Provides timely and complete resolution of ad-hoc internal and external data queries
  • Managed performance of 8 team members through mentoring, one-on-one meetings and training program
  • Conducted audit reviews of new Customer Information File (CIF)/KYC documentation for BSA Risked rating validation at customer onboarding and during periodic due diligence reviews
  • Developed a performance scorecard framework by addressing gaps, trends, patterns and opportunities in existing ones
  • Implemented procedures for usage, management, and updated internal and external ticketing systems
  • Partnered with cross-functional teams to conduct thorough discovery and due diligence on existing processes
  • Identified and resolved process issues to encourage smoother procedures, more efficient workflow and overall business growth
Fraud Data Analyst03/2014 to 06/2017
US Renal Care – Frisco, TX
  • Analyzed and classified group population health clinical and quality outcome data
  • Prepared findings and developed recommendations utilizing clinical expertise on quality improvement and applicable methods used to improve health status by specific population (e.g.Dialysis, liver and kidney problem)
  • Designed data structures within electronic medical record systems for identifying richer data sources and optimizing reporting abilities
  • Created and amended work flows utilizing electronic medical records systems to provide care providers with structured criteria for assessing patient health and managing complex, chronic health conditions by aspecific population
  • Assisted in evaluation of quality and effectiveness of application hardware/software and system performance
  • Coordinated and trained staff on changes to electronic medical records systems and related protocols for assessing and documenting patient health status
  • Collaborated with Health Information Management on developing and implementing hardware and software changes to electronic medical records systems
  • Assisted in development and implementation of policies and procedures related to population health management electronic data initiative
  • Processed master data requests in line with service level agreements and respond to queries in timely fashion
Reference

Available on request

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Resume Overview

Companies Worked For:

  • UBS Bank
  • City National Bank
  • Silicon Valley Bank
  • US Renal Care

School Attended

  • Cornell University
  • Nasarawa State University

Job Titles Held:

  • Compliance & Operational Risk Control Specialist
  • Fraud/Compliance Specialist
  • QA Compliance Specialist
  • Fraud Data Analyst

Degrees

  • Masters Certification in Data Analytics : Data Management Technology 2018
    Bachelor of Science : Accounting 2009

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