AML Officer Resume
Objective : Highly qualified AML Officer with experience in the industry. Deputized for the AML/BSA Officer as required ensuring that there is strong oversight of all compliance operations including AML, Fraud, Sanctions, KYC/CDD, and EDD.
Skills : Certified Regulatory and Compliance, Professional (CRCP) or Certified Anti-Money Laundering Specialist (CAMS).
Description :
- Participated in all enterprise initiatives as directed by management, including implementation of the Enhanced Due Diligence Program, and Politically Exposed Person's Program with the PTA Service.
- Reviewed, investigated, and cleared daily OFAC alerts to answer each alert with a rationale explaining the decision to waive or confirmed the alert Conduct monitoring of the opening of new PTA users to ensure customer information has been obtained and validated.
- Performed quarterly transactions monitoring, and review on all accounts with politically exposed (PEP) officers Conduct the eight pillars of enhanced due diligence to high-risk PTA users.
- Remained abreast of new initiativBes based on releases from industry groups as well as guidance from Regulators.
- Conducted investigation into potential suspicious activity.
- Provided quality evaluations of exception reports and suggest enhancements when needed.
- Used information from surveillance activities to identify trends that may indicate a training need.
Experience
2-5 Years
Level
Junior
Education
Bachelor's In Finance
AML Officer Resume
Headline : As an AML Officer, responsible for enforcing the program, which needs to be clearly articulated to every employee. Encouraged all employees to engage in good conduct in order to achieve their objectives.
Skills : Anti-money laundering certification, ACAMS certification.
Description :
- Provided regular updates to management teams, the compliance organization, and others as needed regarding the implementation of the compliance program, including relevant Key Performance Indicators (KPIs) in the area of responsibility.
- Maintained a sound understanding of the local business activities and Ericsson business processes, and applicable laws and regulations.
- Identified local/unit compliance priorities; planned and prioritized activities based on risk on a prescribed cycle (e.g., development of annual compliance plan).
- Ensured the publication of compliance-related Group steering documents and localize them in alignment with Group where needed.
- Identified local Compliance risks and requirements and ensure appropriate systematic mitigation.
- Performed compliance risk assessments, reviews, and monitoring.
- Supplemented group training to ensure local requirements are addressed; conducted compliance training and ensured appropriate monitoring of compliance training and awareness programs.
Experience
5-7 Years
Level
Management
Education
Bachelor's In Finance
AML Officer Resume
Summary : As an AML Officer, evaluated and reviewed the existing internal rules and regulations and ensure that the business implements the policies successfully. Researched the AML laws that the company needs to follow and update the AML compliance program to make the business AML compliant.
Skills : Team player with the ability to work unsupervised.
Description :
- Ensured effective implementation of the Third Party Management (TPM) process and trained functions involved in the process.
- Assisted with assessment and management of material actual or potential conflicts of interest.
- Ensured the implementation of the policies and directives relating to reporting violations and concerns.
- Applied the case management system and lead and/or support investigations and remediation.
- Managed reporting to relevant stakeholders where applicable compliance-related reports of misconduct, investigations, and remediation efforts.
- Worked with local head(s) of legal and other stakeholders to ensure that interactions with local authorities & regulators are coordinated and implement processes to identify and handle regulatory requests and deadlines.
- Assisted with or conduct compliance-related merger and acquisition due diligence and implement integration activities in your countries as needed.
Experience
7-10 Years
Level
Management
Education
Bachelor's In Finance
AML Officer Resume
Summary : As an AML Officer, enforced due diligence programs to identify suspicious account holders and transactions and report them to the relevant authority. Prevented any money laundering activity and make an educated decision regarding association with only legitimate entities.
Skills : Knowledge of legal requirements and controls (Anti-Money Laundering, or AML).
Description :
- Assisted in the development of compliance initiatives and programs to comply with the respective legal, licensing, and regulatory obligations.
- Provided assistance in preparing for impending regulatory changes or revisions to licensing structure.
- Handled the management and execution of second-line monitoring and assessment program for Anti-Money Laundering/Counter-Terrorism Financing (AML/CTF).
- Improved and maintained AML/CTF policies and procedures.
- Ensured compliance with the regulatory framework put in place by local and international stakeholders.
- Aided in the improvement of tools to monitor, analyze, and report suspicious activity.
- Handled file reviews of suspicious activity to ensure compliance with the policies and procedures put in place.
Experience
7-10 Years
Level
Management
Education
Bachelor's In Finance
AML Officer Resume
Headline : As an AML Officer, Served as a member of the US SAR committee, providing feedback to our FinCEN Reporting Team.Contributed to the company's Financial Crime Risk Assessment.
Skills : Strong project management skills.
Description :
- Identified and informed of any changes to legislation and other regulatory requirements relating to AML/CTF.
- Ensured detailed and prompt investigation of all AML/CTF incidents and cases.
- Managed the resolution of cases through internal and external communications.
- Helped with identifying any AML/CTF loopholes and coordinating projects to bridge those gaps.
- Maintained a proper register of all incidents reported internally and externally.
- Developed and executed face-to-face training for staff in various business units as required.
- Aided in general compliance awareness and refresher training.
Experience
5-7 Years
Level
Executive
Education
Bachelor's In Finance
AML Officer Resume
Objective : As an AML Officer, managed and maintained the organization's obligations as it relates to the rollout of the AML/CTF program and the supervision and overall reporting of money laundering activities.
Skills : Exceptional analytical and investigative skills.
Description :
- Determined the risk level of customers when opening a new customer account.
- Implemented the company's anti-money laundering compliance policies.
- Kept up with the latest AML regulations and laws.
- Taken protective measures against financial crimes against`q the company.
- Detected and reported suspicious transactions.
- Informed and trained colleagues against financial crimes.
- Monitored new trends in financial crimes to identify new methods of money laundering.
Experience
2-5 Years
Level
Executive
Education
Bachelor's In Finance
AML Officer Resume
Objective : As an AML Officer managed the anti-money laundering compliance program in their organization, including supervising the development and implementation of and performing ongoing monitoring of their institution's anti-money laundering compliance program.
Skills : Excellent communication skills, Integrity, and professional ethics.
Description :
- Reviewed customers financial transactions to determine if there are any signs of money laundering or other illegal activity taking place.
- Investigated suspicious transactions for potential fraud or criminal activity.
- Analyzed financial data to detect potential money launderings activities such as large cash deposits or wire transfers involving multiple countries.
- Conducted training sessions on AML policies and procedures for employees who handle financial transactions or are involved in risk assessment activities.
- Reported suspicious activities to law enforcement agencies such as the Federal Bureau of Investigation (FBI) or the Internal Revenue Service (IRS).
- Maintained an updated list of known or suspected criminals or terrorist organizations involved in money laundering activities.
- Prepared reports detailing findings from investigations and their recommendations for action.
Experience
2-5 Years
Level
Executive
Education
Bachelor's In Finance
AML Officer Resume
Objective : As an AML Officer, Experienced in conducting thorough research on higher-risk customers, (primarily Non-US customers and entities) and using systems and databases for investigative purposes with the ability to review high-risk client activity and identify unusual patterns.
Skills : Teamwork skills, Attention to detail.
Description :
- Created internal controls and monitored compliance and Drafted and revised company policies as needed.
- Educated and trained employees on regulations and industry practices and Implemented and reviewed the company's compliance program.
- Addressed concerns or questions on legal compliance and Kept abreast of internal standards and business requirements.
- Evaluated policies/procedures and ensure they are in line with all regulations.
- Challenged first-line teams on the development of controls and provided approvals on any control changes, new products, or features.
- Represented fin crime compliance oversight both internally and externally to regulators, auditors, and partners as required showcasing Wise's strong oversight compliance framework.
- Proactively identified key areas of risk and worked with first-line teams in the development of mitigation plans.
Experience
2-5 Years
Level
Executive
Education
Bachelor's In Finance
AML Officer Resume
Objective : As an AML Officer, responsible for managing and maintaining the organization's obligations as it relates to the supervision and reporting of money laundering activities. Investigated information provided by banks, businesses, or other entities regarding possible violations of anti-money laundering laws.
Skills : Risk Assessments, Analytical, Communication, and Risk-based AML programs.
Description :
- Identified and defined the AML compliance program objectives for the company and department.
- Implemented AML compliance programs to prevent illegal, unethical, or improper transactions.
- Communicated AML policies and procedures, may train others on this subject matter.
- Monitored the completion of investigations by examining files and documents.
- Implemented AML monitoring on high-risk customers and clients, requesting additional investigation or evaluation when necessary.
- Researched and maintained current knowledge of regulatory, legal, and industry developments.
- Made sure compliance manuals, policies, and procedures accurately reflect current laws, rules, and other regulatory requirements.
Experience
2-5 Years
Level
Executive
Education
Bachelor's In Finance
AML Officer Resume
Objective : As an AML Officer, responsible for designing, evaluating, supporting, and influencing a culture of compliance throughout the organization, as well as assisting in the management and execution of an efficient compliance monitoring program.
Skills : Anti-Money Laundering Laws And Regulations.
Description :
-
Developed and implemented an effective legal compliance program Created sound internal controls and monitor adherence to them.
- Proactively audited processes, practices, and documents to identify weaknesses.
- Evaluated business activities (e.g. investments) to assess compliance risk.
- Collaborated with external auditors and HR when needed and Set plans to manage a crisis or compliance violation.
- Provided advice and guidance to other teams and key stakeholders regionally and globally, on BSA, AML/CTF, and OFAC sanctions regulations as well as related Wise policies and procedures.
- Supported the development and maintenance of the compliance FinCrime oversight framework and our North American AML and Sanctions policies.
- Prepared quarterly compliance reports to the board of directors of Wise US Inc. and Wise Plc.
Experience
0-2 Years
Level
Entry Level
Education
Bachelor's In Finance
