Skilled financial professional with over 10 years of financial services industry and 10 years of practical management experience. Expertly creates customized financial strategies to meet client needs.Diligent and driven compliance risk analyst who has achieved success in a variety of roles with increasing levels of responsibility. An effective communicator and team-builder with strong analytical, management and organizational skills. A Broad range of compliance regulatory knowledge as it impacts bank operations in all range of bank sizes. A broad AML/BSA regulatory compliance experience with expert knowledge of Regulation A-Z.
Gathered and analyzed Bank data regularly with management regarding portfolio performance and new loan transaction quality. Act as direct liaison with HUD for assessing the relative risk that Banks/Servicers and Lenders pose to the Department. Developed, produced and enhanced risk reports for business units in five central categories of risk that HUD's Secretary mandates should be used in all program risk analysis. Generates report which identifies; and addresses areas of significant risk and evaluates overall effectiveness of operations. Examine and review loan transactional quality with responsibility for performing loan level audits, testing clients underwriting management platform for Section 32 HOEPA, RESPA, TILA/Regulation Z, Fair Credit Transaction Act, fair credit reporting, Fair Housing Act, Home Mortgage Disclosure Act, SARs, AML/BSA, Homeowners Protection Act, Right To Financial Privacy Act and Gramm-Leach-Bliley Act..Etc
Developed, produced and enhanced risk reports for AML/BSA related regulations; remain current with regulatory laws, rules and guidance. Assist in management, maintenance, and Diligently reviewed all reporting requirements for Foreign Correspondent Accounts (EMEA) CIP documentation/client files. Assist in the administration and review of Client Risk Scoring, Client Identification and KYC documentation Due Diligence & Enhance Due Diligence. Look back or transaction investigative consulting team review and investigation and documentation, reports and alerts to secure information that relates to customer and foreign bank transactions. Performed various quality control reviews and monitoring of BSA and USA Patriot Act, for Anti-Money Laundering, OFAC and CIP compliance using industry standard and regulatory sampling methodologies and SAR's Narratives in line with FINCEN FAFTA. Performed production alert analysis on wire transfers for domestic and Foreign Correspondent Banking accounts including Fixed Income, Equities and Commodities, Forex, Futures and also, assisting with other Compliance-related AML related oversights.
Provide Regulatory consulting, advisory, and implementation services to assist clients in their efforts to meet responsibilities under compliance laws and regulations, including consumer protection and fair lending laws, TILA, HOEPA, HMDA, CRA, and BSA/AML. Identify, Process and assist clients with efficiently utilizing WKFS applications, to meet their regulatory obligations, understand and communicate industry best practices, translate recommendations into requirements documents for implementation, and provide end user training on WKFS products.
Comprehensive Risk Assessment & Re-underwriting, Loan Portfolio Management:
Diligently reviewed and identifying, the approximate likelihood of mortgage default risk for Desk-top/manually underwriting loans based upon inaccuracy in the loan file. Underwriting investors repurchase demand through identifying defects or inaccuracies in loan files as set forth by the secondary market investors indemnity clause
Assist with reviewing existing business processes, documenting procedures, conducting risk assessments, developing process maps, and recommending process improvements, identifying and managing issues, plus other tasks as may be assigned. Provide project or quality review including Compliance Monitoring and Testing.
Developed and revised policies and procedures of the federal compliance program. Evaluated and interpreted federal laws and regulations and assisted in improving business practices. Post-closing auditing and due diligence includes: Conventional FNMA, FHLMC, and FHA & VA Loans: Conveyance Claims, HECM,LOSS MITTIGATION (Special Forbearance & Forbearance, Loan Modification, Partial Claims) and Pre-Foreclosure Sales (PFS) Review Testing Objective in mortgage servicing operations, analytics, or auditing; loss mitigation/default management: To determine whether any Fees and costs assessed to the borrower or investor for the loans under review were permissible, reasonable, customary, or excessive in regards to type, amount, and frequency.
(HUD Single family Post Claim Reviews and follow-up reviews/ Examiner)
Direct liaison with HUD as a vehicle for assessing the relative risk that Banks/Servicing pose to the Department in the five central categories of risk that HUD's Secretary mandates should be used in all program risk analysis. Perform reviews to identify whether modifications are needed on existing policies.
Provided validation and analysis of DU underwriting/Processing wholesale loans with a comprehensive risk assessment based upon contributory risk and default risk of mortgage loans sold to investors.
Underwriter for Fannie Mae/Freddie Mac Wholesale loans for First Community Mortgage investors such as; Flagstar Bank; Franklin American Mortgage Co. and FCM in-house underwriting including compliance with company and secondary market investor standards. Provided validation and analysis through a comprehensive risk assessment, and based upon primary risk; moderate and high risk approach of loans purchased. Analyzed potential loans from originators. Conducted research on client capital needs and market conditions to identify funding options Guided proposal preparation.
•CAMC ™ Certified Anti-Money Laundering Consultant ™
•CRA ™ Certified Risk Analyst ™
•CCA ™ AAFM Certified Compliance Analyst
MS Office Suite expert FTMon. Excel, Access, PowerPoint) LexisNexis HALO Actimize AML Solutions MS Project & Visio West Law SharePoint FRAML Technology World Check Case Management BAM+ for wire, ACH,ATM, Monetary Instrument software AML Wiz
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