AML Compliance Officer Resume
Summary : As an AML Compliance Officer, developed, implemented, and administered all policies and procedures for management of the AML and Sanctions Compliance Program and its related activities,managed day-to-day operations of the AML and Sanctions Compliance Program developed and oversaw a monitoring system for uniform detection and handling of suspicious activity and potential sanctioned parties compliance.
Skills : Regulatory Knowledge, Risk Assessment.
Description :
- Served as the bank's subject matter expert on BSA, AML, and Sanction risks, processes, and controls.
- Partnersed with Operations, Cash Management Solutions, Information Technology Corporate Security, and other business groups to ensure Compliance Program controls are implemented and maintained.
- Assisted business lines with identification, evaluation, and subsequent monitoring of customers/vendors requiring, Know Your Customer (KYC), Beneficial Ownership (BO), Know Your Vendor (KYV), and Enhanced Due Diligence (EDD).
- Identified potential areas of compliance vulnerability and risk (high-risk segments, products), developed, and implemented corrective action plans for resolution of problematic issues, and provided general guidance on how to address and/or mitigate subsequent reoccurrences.
- Conducted quarterly reviews and prepared reports of results on the effectiveness of the Compliance Program.
- Reported regularly (or as directed) to management on activities of the Compliance Program.
- Ensured proper recordkeeping of all Anti-Money Laundering records required under the BSA and USA PATRIOT Act, including Office of Foreign Asset Control (OFAC), Suspicious Activity Report (SAR), and FCA filing information.
Experience
10+ Years
Level
Senior
Education
Bachelor's Degree In Finance
Senior AML Compliance Officer Resume
Summary : As a Senior AML Compliance Officer, served as escalation and decision point to create cases for detected anomalies, red flags, and suspicious activity, and ensured proper reporting of violations or potential violations to enforcement agencies as appropriate and/or required.
Skills : Investigation Skills, Communication Skills.
Description :
- Contributed to the AML and Sanctions Risk Assessment process on an ongoing basis, providing information, statistics, and other content for reporting purposes.
- Defined risks and opportunities to make recommendations, implement improvements and mitigation strategies, define fraud program processes, procedures, and controls, and produce high-quality compliance documentation.
- Experienced in risk assessment to identify inherited vulnerabilities, controls, and residual risks based on customer, geography, and/or product.
- Managed multiple projects and executed cross-functional initiatives.
- Worked with internal auditors, regulators, examiners, and external stakeholders.
- Worked independently as well as collaboratively in a team environment.
- Maintained a current working knowledge of regulations and other information related to BSA, OFAC, US Patriot Act, and FCA in order to perform essential duties.
Experience
10+ Years
Level
Senior
Education
Bachelor's degree in Law
Junior AML Compliance Officer Resume
Objective : As a Junior AML Compliance Officer, worked with the BSA/AML Compliance Officer in the direction of BSA/AML compliance activities for the company, including BSA, AML, OFAC, and KYC according to established company policies and applicable legal and regulatory guidelines to prevent the company from being used as an intermediary for or to hide the transfer or deposit of money from criminal activity and to create a paper trail for law enforcement to investigate money laundering and other illegal activities.
Skills : Analytical Thinking, Attention to Detail.
Description :
- Initiated appropriate program changes in response to changing regulations or emerging risks.
- Assisted Management on internal and external audit, law enforcement, or legal requests.
- Acted as team lead for department staff for daily functions, trained new staff members, and conducted ongoing training for staff on daily functions.
- Performed confidential research and analysis of transactional data for Suspicious Activity Reporting (SAR), and Currency Transaction Reporting (CTR), gathering pertinent evidence by conducting internal/external research, pulling transaction records, and reviewing reports.
- Investigated findings to determine recommendations for further processing, fully documenting research and reasoning for recommendation while ensuring timeliness to meet state and regulatory report filing timeframes.
- Reviewed staff’s written SAR and CTRs to ensure they meet BSA requirements and the requirements of the federal filing system.
- Ensured appropriate records and files were maintained per all recordkeeping requirements (internal and regulatory).
Experience
2-5 Years
Level
Junior
Education
Bachelor's degree in Criminal Justice
AML Compliance Officer Resume
Summary : As an AML Compliance Officer, followed up research on previously reported suspicious activity to determine if additional activity has occurred and report as necessary, processed daily reports for OFAC screening, documented the reviews and reported any findings as necessary, verified and documented the timely updates to system software have occurred as directed by the US Treasury Department.
Skills : Team Collaboration, Technology Proficiency.
Description :
- Ensured required employee training on BSA/AML and OFAC policies; maintained evidence of completed training.
- Secured and organized documentation for examinations and independent reviews.
- Updated and oversaw internal department procedures, and assisted the BSA/AML Compliance Officer in board presentation materials.
- Experienced in compliance, risk management, or regulatory-related functions in the financial service industry required.
- Worked knowledge of the Bank Secrecy Act and Anti-Money Laundering Regulations, USA Patriot Act, and Office of Foreign Assets Control is a plus.
- Managed multiple projects concurrently while meeting tight deadlines, led others in a positive manner maintaining a spirit of teamwork while providing clear directions and feedback related to daily functions.
- Assisted in the completion of documentation to ensure state money transmitter licenses were renewed in a timely and accurate fashion.
Experience
7-10 Years
Level
Management
Education
Bachelor's degree in Business Administration
Assistant AML Compliance Officer Resume
Objective : As an Assistant AML Compliance Officer, performed AML analysis on system-generated alerts, performed effective systems UAT on Alert Generation and Case Management systems, identified key elements of the alert review, and effectively communicated summary results to management and Analytics and design teams.
Skills : AML Compliance, Risk Assessment.
Description :
- Reviewed staff’s processing of OFAC screening, assisted in the accurate and timely reporting of required information to individual state oversight authorities, and maintained evidence of report filings.
- Effectively presented findings and recommendations; recognized when matters require escalation to management.
- Collected and documented data, including alert, investigation, or SAR history, KYC information, relevant account and transaction data, plus any other required information to assist the investigation.
- Reviewed and analyzed underlying data gathered to assess reasonable cause to advance an alert to Investigations or to clear.
- Functioned as a key contributor with demonstrated knowledge of AML/KYC issues, as well as broader functional knowledge.
- Built relationships with AML Investigations units, and effectively communicated and transferred information for case investigations.
- Participated in the development of goals and execution of strategies within the function or department.
Experience
2-5 Years
Level
Executive
Education
Bachelor's degree in Law
AML Compliance Officer Resume
Headline : As an AML Compliance Officer, responsible for collaborating with the legal team to resolve any issues related to SAR filings or customer due diligence requirements, reviewing transactions in excess for signs of money laundering or other illegal activity.
Skills : KYC (Know Your Customer), Transaction Monitoring.
Description :
- Designed and implemented AML programs, and reviewed and escalated significant AML/Sanctions issues and activities.
- Organized raw data and resources available into an analytical investigative.
- Identified process improvements, and developed and implemented AML policies, procedures, and controls in accordance with regulatory requirements and industry best practices.
- Conducted thorough risk assessments and due diligence on clients, ensuring compliance with KYC (Know Your Customer) and AML regulations.
- Monitored and analyzed transactions for suspicious activities, investigating and reporting any anomalies to regulatory authorities.
- Collaborated with internal departments to provide AML training and awareness programs for staff.
- Kept abreast of changes in AML laws and regulations, updating policies and procedures accordingly.
Experience
5-7 Years
Level
Executive
Education
Bachelor's degree in Law
AML Compliance Officer Resume
Summary : As an AML Compliance Officer, ensured details of clients being set up on internal transactional systems were correct and reconciled with other verified information, performed periodic (monthly and quarterly) client risk rating reviews to determine overall accuracy of rating and completeness of supporting documentation.
Skills : Investigation, Reporting.
Description :
- Tracked daily alert counts within the monitoring system for trend analysis and reporting.
- Assisted in the execution of the AML Monitoring program and ensured adherence to monitoring requirements.
- Responded to AML Americas Hub’s inquiries resulting from automated monitoring systems.
- Tracked outstanding alert count and worked to resolve, and assist with questions regarding alerts from other AML staff.
- Refined and tested parameters within the monitoring system on a periodic/as-needed basis.
- Participated in AML-related meetings and working groups with financial market associations and advocated CFIL’s interests through them before the regulator.
- Provided management reporting to Sr. Compliance Managers on various stages of the business plan.
Experience
7-10 Years
Level
Management
Education
Bachelor's degree in Law
AML Compliance Officer Resume
Objective : As an AML Compliance Officer, helped with the review of applicable CPB audit findings, evaluation of the businesss corrective action plans to deal with those issues and monitor progress made in dealing with the issues, ensured Citis adherence to applicable AML laws and regulations in ASPAC with the development and implementation of a business-specific Regional AML Program.
Skills : Regulatory Compliance, Policy Development.
Description :
- Ensured Citi’s adherence to applicable AML laws and regulations in China with the development and implementation of a business-specific Global, Regional, and Country AML Program.
- Made recommendations for onboarding of all new and retention of existing high-risk rated customers, as well as all Remote Deposit Capture (RDC) customers.
- Reviewed quality and completeness of customer due diligence (CDD) and enhanced due diligence (EDD) information in accordance with the requirements of the AML Policy and Line of Business Procedures.
- Effectively identified emerging risks that require further consideration or escalation.
- Worked effectively in an extremely fast-paced environment, to think creatively, and apply knowledge to problem-solving and issue resolution.
- Worked in an AML/ATF regulatory, risk, legal, or compliance role as an asset.
- Led and multitasked including oversight of several special projects and change initiatives related to AML process enhancements.
Experience
2-5 Years
Level
Executive
Education
Bachelor's degree in Law
AML Compliance Officer Resume
Headline : As an AML Compliance Officer, served as the BSA/AML regulatory liaison for the Banks Houston-based businesses, led the regional team and supported the embedded in-country teams who support the FCB AML Program including staff development and training, participated in the development of AML training module covering the local regulatory requirements to supplement the online Global AML training module.
Skills : Communication, Collaboration.
Description :
- Delivered to tight deadlines, the ability to analyze problems, and make appropriate recommendations.
- Supported and assisted GCB AMLCO and Country AMLCO in the implementation of the Citi AML & Sanctions Policy, and the various Global AML Directives in the relevant Citi GCB business in China.
- Monitored workflow volume trends and team productivity, and ensured reports were produced for senior management on trends and issues.
- Identified areas where process improvements can be made, developed, and implemented the agreed upon process improvements.
- Evaluated the quality of workflow referrals (AML Investigations, Sanctions) and where necessary, worked with the referring area to improve the quality/timeliness of the referrals.
- Coached employees to consistently perform high-quality work, and built and applied knowledge of anti-money laundering processes.
- Applied and adapted knowledge (obtained from pieces of training) of any imposed sanctions, laws, and regulations to the task at hand.
Experience
5-7 Years
Level
Executive
Education
Bachelor's degree in Law
AML Compliance Officer Resume
Objective : As an AML Compliance Officer, led, performed, and maintained AML Training, assisted Head of Department in projects relating to AML / KYC, provided periodic and event-based reporting to the Chief AML Officer, provided oversight of each functional unit's adherence to relevant internal Policies and Procedures.
Skills : Training, Development, Anti-Money Laundering.
Description :
- Responsible for recommending new software tools and enhancements to improve fraud detection, prevention, and reporting efforts.
- Responsible for identifying threats, vulnerabilities, and suspicious behavior patterns to recommend mitigation measures.
- Responsible for investigating fraud referrals and performing research to minimize risk and resolve inquiries.
- Responsible for identifying and implementing effective methods for examining and analyzing financial documents.
- Responsible for training and supervising junior financial examiners, explaining procedures and protocols.
- Responsible for building and establishing strong professional relationships with clients and financial institutions.
- Responsible for auditing and examining financial records, checking for accuracy and compliance with established regulations.
Experience
2-5 Years
Level
Executive
Education
Bachelor's degree in Criminal Justice
