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Charles
commodity0513@gmail.com
770-638-7733
2061 Stoney Chase Dr
Lawrenceville, GA 30044
678-629-7465
AVP AML/KYC Compliance Officer
18 years experience W2
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Summary

I have over 16 years of experience in the BSA/AML/Risk Assessment/Compliance for small/ medium and large Financial Institutions. Have experience leading teams of 5 to 15 banking professionals for Testing/Risk Assessment/AML/BSA investigations for Financial Institutions that were under investigations from the regulators.

AREAS OF STRENGTH:

  • Risk Assessment & Mitigation/Enterprise Risk Management
  • Technical Proposals
  • Regulatory Compliance/Fraudulent Activity
  • Financial Data Analysis
  • Mortgage & Consumer Lending/ACH/MSB’s
  • Due Diligence
  • Supervisory & Training
  • BSA/AML Guidelines
  • Auditing/eOriginator
  • Project Management/SPRP/Tableau/Actimize/Mantas
  • Vendor Management
  • Orion/Onesource
  • AML & SAR Compliance Training
  • Off-Shore
  • On-Boarding
  • KYC/Radar

SKILLS & TOOLS:

  • Excellent Organizational, Supervisory, Training and Development skills
  • Strong Communication and Interpersonal Development
  • BSA Officer Certification
  • Thorough Analytical Ability and Strict Attention to Detail
  • Independent and/or Team Oriented
  • Knowledge of Federal Regulations: Bank Secrecy Act, Anti-Money Laundering, EDD, CDD, RDC, RESPA, REG W, TILA, ECOA, FCI, FCO, FCRA, HMDA, SCRA, Dodd-Frank and Fair Lending
  • OCC, FDIC, GRC, GFCC, UDAAP, GLB FinCen, FRAUD, CFPB, OFAC, FIU, SDN & PEP Lists, World-Check, Dun & Bradstreet, Volcker Rule, Kroll Factual Data, Audit GAP Analysis, Financial Fraud, Vendor Mgmt, Financial Risk, Mantas, Clear, Funds Transfer Monitoring System (FTFS), Fiserv, FCRM, CWS, Norkom Lexis Nexis, AS400, LPS, AACER and Case Tracker
  • Windows 8, Microsoft: Access, Excel, Outlook, Sharepoint, PowerPoint, LiveMeeting, Project, and Word

Experience
AVP AML/KYC Compliance Officer
Banking/Financial
Apr 2018 - Jun 2020
  • Maintained proficient knowledge of relevant consumer laws/regulations including but not limited to a high level of knowledge of the Dodd-Frank Act, Risk Management, Audit review; assisted in facilitating the implementation of new and amended regulations. Worked with the Compliance team to ensure compliance with data collection of a 2-year look-back of bank product mix (Mortgages, Saving, Checking, Credit Cards) account integrity and reported multiple retail branches throughout the south and southwest.
  • Managed compliance experienced analyst with retail banking Operations for LOB/KYC, business clients. Managed Regulatory and compliance projects from the banking operations and business sides. Established and continuously improved a consistent operating framework for the identification, management, monitoring, and reporting of Compliance. Ensured that the operating framework met internal and statutory requirements. Assisted in developing an appropriate and effective compliance officer training strategy.
  • Reviewed, challenged, and managed the roll-out of Compliance Policies and Procedures standards and quality controls. Participated in industry groups to ensure alignment of Compliance methodology with national trends in Compliance Risk Management met OCC deadlines. Developed value added advice and guidance to business units and management on all compliance issues.
  • Formulated or assisted management in the formulation of risk-based written compliance policies and procedures, developed/reviewed/revised compliance related disclosures and forms as needed, and drafted change in terms notices as assigned. Maintained the integrity of Compliance Manual by adding and updating applicable policies/procedures on a timely basis as needed.
  • Provided input into the development and implementation of the Bank's annual compliance training program. Collaborated with HR and business line managers as appropriate to develop an annual online self-study compliance training plan. Prepared compliance training material and conducted instructor led compliance training sessions, routine department meetings, and specially scheduled compliance training teleconferences. Recommended specific external training opportunities for business line staff with compliance-related duties as needed.
  • Participated in new product development review and analysis as assigned. Assisted with the preparation of quarterly reports to the Audit and Compliance Committee of the Board of Directors. Assisted with the preparation of material for regulatory examinations. Interacted directly with examiners as requested. Cooperated with other members of the department team to achieve department goals. Demonstrated cooperative efforts in working with other departments and within own department, and encouraged similar behavior from staff.
  • Conducted assessment of risk at the enterprise and/or business unit level and helped implement detection and comprehensive compliance programs through Encompass, JackHammer, World Check, Client Profile Review, OFAC, Google Search, Lexis Nexis, Salesforce.
Analysis Auditing Compliance Dodd-Frank Project Management Risk Management Risk Assessment AML Training OFAC KYC
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VP BSA Secrecy Officer
Banking/Financial
Feb 2017 - Feb 2018
  • Developed, implemented, administered, and maintained all aspects of the Bank Secrecy Act (BSA)/Anti-Money Laundering (AML) Compliance Program to ensure a high level of risk controls for compliance with the BSA/AML and KYC related laws and regulations.
  • On-boarded internal policies, procedures, and Federal regulatory expectations.
  • Analyzed and investigated high alerts using Actimize and World-Check.
  • Led, coordinated, and oversaw an effective Bank Secrecy Act/Anti-Money Laundering/OFAC Compliance Program to ensure it was in line with current industry best practices, regulatory guidance, and requirements.
  • Worked on multiple projects that had timely deadlines for policies and procedures.
  • Coordinated the vendor management program using Actimize, Lexis Nexis, and Fiserv, and worked with relationship managers to ensure current and accurate contracts, financials, and Due Diligence were maintained for all third-party relationships.
  • Developed, enhanced, implemented, and administered the BSA/AML/OFAC/USA Patriot Act monitoring systems to ensure that appropriate parameters were in place to identify suspicious and/or fraudulent activity.
  • Managed and investigated MSB's, Credit Cards, Savings Accounts, Checking accounts, Mortgages, Auto loans, daily and monthly. Fully knowledgeable and skilled in all areas of BSA/AML and KYC Compliance and able to independently recognize, develop, and implement cost-effective compliance-related solutions for the BSA/AML and KYC program bank products and money services businesses (MSB's, CTR, SAR's, Onboarding Process, ACH).
  • Built out the bank BSA/AML KYC department with a technical platform to handle the bank's product line.
  • Established and maintained an effective CDD/EDD risk rating and monitoring program to include initial and ongoing assessments, and reviewed analysis of unusual/suspicious account activity.
  • Established and maintained appropriate fraud and SAR investigation, reviewed and reported processes that promoted consistent decisions adequate investigation and research as well as complete and detailed documentation.
  • Conducted BSA/AML/KYC risk assessments/management annually or as needed with consideration to products, services, customers, and geographies that might present BSA/AML/OFAC related risks.
  • Prepared BSA/AML/OFAC examination audit, collected and reported data required for the OCC/FDIC examiner's Money Laundering Reporting System.
  • Effectively communicated (both written and verbal) examination results and related risks to senior management and directors of the bank under potentially adversarial circumstances.
  • Ensured all required regulatory reporting was conducted in a timely, accurate, and compliant manner including the filing of Currency Transaction Reports (CTRs) and Suspicious Activity Reports (SARs) to Fin CEN as well as FinCEN 314 (a) and 314 (b) procedures and reporting.
  • Acted as a liaison/contact for Federal and State examinations and internal and external independent reviews or audits of the BSA/AML/OFAC compliance programs.
  • Participated in response to exam and audit concerns and oversaw corrective action of all related compliance deficiencies or violations.
  • Prepared updates and revisions to BSA/AML/KYC operations policies and procedures and prepared monthly BSA update for the Board of Directors.
  • Provided BSA guidance and coaching and training to employees and made CAP in the appropriate area of the bank.
  • Advised Management of emerging risks, new or amended laws, regulations, or agency guidance, recommended and implemented changes and controls to mitigate those risks.
BSA Compliance Auditing KYC Project Management Risk Assessment SAR’s AML CTR Training Lexis Nexis Fiserv ACH Vendor Management MS Visio Documentation Analysis
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AVP AML/KYC Compliance Officer
Banking/Financial
May 2016 - Feb 2017
  • Assessed the BSA/AML risk of specific clientele in collaboration with SunTrust front-line teammates. Determined whether to approve the AML risk level of each client assessed. Investigated, researched, analyze, and evaluated due diligence on client relationships to ensure adherence to anti-money laundering (AML) policies and procedures for LOB. Implemented measures to mitigate potential risks. Ensured the team took corrective actions in the manner.
  • Ensured that appropriate actions were taken on client relationships as well as made policy interpretations and answered questions on AML policies from across the business units for client On-Boarding regulations. Worked with front-line teammates to ensure that all Enhanced Due Diligence (EDD) was timely and accurate and represented an acceptable level of risk for periodic review transaction monitoring.
  • Conducted internet research and sourced system research, analyzed corporate structures, financial statements, and other documentation to identify any potentially suspicious activity. Participated in the performance of consistent quality assurance reviews of risk assessments to ensure risks were properly identified and rated.
  • Responsible for the analysis of complex corporate structures and banking transaction monitoring and identifying false positives. Monitored and followed annual AML risk assessments due for completion. Stayed up to date on BSA/AML regulations and OFAC regulations as well as SunTrust AML program policies and procedures. Worked closely with the Financial Intelligence Unit (FIU), members of the Compliance/Risk Management team, and the LOB Management teams.
  • Assessed BSA/AML risk at the enterprise and/or business unit level and helped implement detection and comprehensive compliance programs through Actimize, World-Check, International, ILinx, Channel Link, Client Profile Review, OFAC, Google Search, Lexis Nexis.
Transaction Monitoring Risk Management Risk Assessment OFAC KYC Documentation Compliance BSA Analysis AML
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Sr. AML Manager
Banking/Financial
Dec 2015 - Apr 2016
  • Executed cross-functional risk management projects for AML (LookBack).
  • Coordinated with Managers, Senior Managers, or Partners on all phases of the engagement including the execution of the project deliverables, communications with the project team, staffing requirements, job planning, and scheduling.
  • Advised and assisted clients on the requirements of their BSA/AML Compliance Program.
  • Provided subject matter expertise in the area of AML, BSA, and Economic Sanctions related issues including identifying and transaction monitoring one of the largest crime family in NY.
  • Assessed and managed the risks associated with money laundering and terrorist financing for check cashing locations throughout New York for ACH, MSB's, Loansharking, Illegal Check Cashing, and AML.
  • Assessed BSA/AML risk at the enterprise and/or business unit level and helped implement detection and comprehensive compliance programs through Actimize, Norkom, Google Search, Lexis Nexis.
  • Conducted BSA/AML Risk Assessments for the purposes of assessing risks within various lines of businesses and ensured proper controls were in place to mitigate identified risks.
  • Exercised independent thinking skills by making decisions related to engagements to include dynamic problem solving, false positives transaction monitoring, risk assessment, quality control, and data and information evaluation.
  • Promptly brought to the attention of the Sr AML Manager, Project Manager, or Partner any issues or questions that could potentially result in alterations to the project parameters, costs, or deadlines.
  • Identified further areas of value-add to create opportunities for future projects.
AML BSA Analysis Compliance Project Management Risk Assessment Risk Management Transaction Monitoring Lexis Nexis Actimize Norkom Problem Solving Quality Control
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Sr. AML-KYC Compliance Manager
Banking/Financial
May 2014 - Dec 2015
  • Delegated assignments to a variety of small-to-large and complex projects associated with the Consumer and Business Banking & Credit Cards Division.
  • Implemented both inside and outside of the Release construct.
  • Supported compliance, regulatory, Global Technology Infrastructure (GTI) efforts, and off-cycle release implementations.
  • Identified trends by testing emerging risks, data, system (SQL).
  • Focused on Cyber Security, Risk, and Audit remediation.
  • Focused on building out a new KYC-FIU department.
  • Reviewed alerts through Discover Financial bank deposits (ACH, Credit Cards/Checking/Savings/Money Markets/ CDs/ACH/Wire transfers and investments).
  • Faced with key business partners in order to understand the strategy, direction, and roadmap objectives for the business red tag.
  • Created a road map for end-to-end Project Delivery and Execution (Scope through Implementation) of the key program and projects which were aligned to their area of focus fraud investigation/forensics/High-risk financial crimes.
  • Used Lexis Nexis, World-Check, Mantas, Actimize.
  • Helped to lead AML/BSA programs from initiation through implementation including phases such as planning, analysis, design development, and implementation.
  • Established project requirements, priorities, risk assessments, and deadlines ( OCC-FDIC).
  • Ensured project was completed in accordance with all risk guidelines.
  • Coordinated resources (staff, equipment, vendors, and consultants) across one or more projects.
  • Managed budget for assigned program, monitored program progress, and adjusted resources and priorities accordingly.
  • Coached 7 analysts and trained team members.
Auditing Compliance Cyber Security MS Visio Project Management Risk Assessment AML Analysis BSA KYC Training Lexis Nexis Mantas Actimize SQL
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Sr Project AML Manger
Banking/Financial
Mar 2013 - May 2014
  • Managed a team of 10 Analysts to review BSA/AML KYC-FIU for completeness and accuracy for a complete BSA/AML Compliance install for retail channels as part of customer validation to assess risk assessment and document the risks associated with that customer on-boarding; to execute fraud investigations; to complete the project plans by creating the BSA/AML policies & procedures.
  • Conducted risk assessment to identify and address items through day-to-day assignments to ensure the Bank's KYC and CIP standards have been met. Cyber Security, Risk, and Audit gap analysis and remediation using data pulled from SQL for technical proposals to Bank Management.
  • Ensured ongoing due diligence efforts and KYC on-boarding process were maintained while identifying substantive changes to customer profiles for ACH, Bank deposits, Money Market, Credit Cards, CD's, Checking, Savings Accounts, RESPA, TILA.
  • Underwrote mortgage division of Domestic Banks in the Southeast Region for compliance testing.
  • Responsible for SAR, voluntary/mandatory filing.
  • Performed investigation BSA/AML/OFAC Screening and reviews on prospects and new/existing customers in accordance with the Bank's policies and procedures.
  • Reviewed and resolved audit review. Verified transactions alerts escalated findings to the Manager when appropriate.
  • Performed searches utilizing Internet sources and/or third-party vendors gaining approval through vendor management dept for (i.e. Google, Mantas, Norkom, International, Lexis Nexis, and/or World Compliance) to determine negative news and obtain due diligence information for prospects and new/existing customers.
  • Responded to daily inquiries from peers, front-line, and management regarding KYC/CIP and due diligence matters when appropriate.
  • Wrote daily reports per case for federal examiners, government, and state agencies.
  • Adhered to all designated time frames, managed workflow to the specified deadlines, and completed responsibilities in a satisfactory manner.
  • Thoroughly documented findings by preparing reports in a manner that was clear and comprehensible to BSA supervisors/managers, internal auditors, and regulatory examiners.
  • Reported and escalated all concerns or negative findings clearly and objectively to the Manager. Interacted with bank examiners, internal auditors, and compliance personnel during BSA and AML related audits if necessary.
  • Created and provided full BSA/AML training for all bank employees.
Auditing Project Management AML BSA Compliance Risk Assessment Analysis SAR’s Training Vendor Management Project Planning OFAC MS Visio KYC
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Sr. Compliance Manager
Banking/Financial
Feb 2012 - Jan 2013
  • Conducted tests and looked back at audit reviews of residential foreclosure to identify financial harm.
  • Adhered to the Office of the Comptroller of the Currency (OCC) and the Department of Justice's (DOJ), mandated review of Bank of America's foreclosure management practices.
  • Determined if mortgage underwriting banking procedures were in compliance with Federal & State regulations, Investor (GFE, SCRA, RESPA) guidelines, and corporate policy.
  • Performed forensic reviews of legal documents, audits, and recapitulation of third-party law firms, vendor fees, and bank costs associated with over 40,000 individual files.
  • Constructed written rebuttal arguments for the rescission of Investor repurchase allegations based on independent research and responses to Requests for Information (RFI) from the Bank.
  • Reviewed and verified mortgage legal documents such as Security Instruments, Quality Assurance Testing, Loss mitigation, titles, attorney state laws, notes, military orders, applications, assignments, appraisals, and other pertinent documents that were needed for final review.
  • FDIC closure, OCC action, OTS.
Auditing Compliance Project Management Quality Assurance
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Project Manager - AML
Banking/Financial
Jan 2010 - Jan 2012
  • Managed a significant caseload of investigations for 5 Analysts, investigated, and performed analysis, followed-up with risk management that worked cases were in line with the bank's AML and KYC procedures for Georgia (Credit Unions-Small Banks).
  • Documented and reported investigation (internet research) findings and prepared case files for review using Actimize, Mantas, FCRA, Norkom, Google Search, Lexis Nexis, World-Check.
  • Prepared communications to internal and external entities, members of the sales team, and AML monitoring units.
  • Collected and examined financial statements and other pertinent documents to assist in identifying unusual transaction patterns for internal audit analysis.
  • Wrote and filed Suspicious Activity Reports (SARs) BSA/AML and recommended relationship retention or termination, tracked account closures as required.
  • Evaluated data from examination to developed recommendations across all NAM business sectors.
  • Maintained consistent interaction with Senior Management pertaining to compliance, legal, and business sectors concerning AML discrepancies.
Auditing Compliance Project Management Risk Management AML Analysis KYC FCRA BSA
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Senior Transaction Monitoring Manager
Banking/Financial
Jun 2003 - Dec 2009
  • Conducted research, assisted and provided information to support suspicious activity reports (SAR), and made recommendations.
  • Conducted research that utilized internal and external public and private databases to compile a portfolio of information on funds transfer and or check products/transactions.
  • Monitored and reviewed wire transactional activity of Foreign Correspondent Banks (FCB) and made recommendations for further review of closure.
  • Strong understanding of Anti- Money Laundering (AML)/Bank Secrecy Act (BSA) requirements, particularly FCB and Money Service Businesses (MSB).
Project Management Transaction Monitoring AML BSA FCB
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Edit Skills
Non-cloudteam Skill
Education
Bachelor's in Finance
Upsala College
Certifications
BSA Officer Certification
Skills
AML
2020
15
Project Management
2020
15
BSA
2018
13
Analysis
2020
9
Compliance
2020
9
Auditing
2020
8
KYC
2020
8
Risk Assessment
2020
7
Transaction Monitoring
2017
7
FCB
2009
6
Risk Management
2020
5
Training
2020
5
OFAC
2020
4
MS Visio
2018
3
Dodd-Frank
2020
2
FCRA
2012
2
Lexis Nexis
2018
2
SAR’s
2018
2
Vendor Management
2018
2
ACH
2018
1
Actimize
2016
1
CTR
2018
1
Cyber Security
2015
1
Documentation
2018
1
Fiserv
2018
1
Mantas
2015
1
Project Planning
2014
1
SQL
2015
1
AS/400
0
1
Microsoft Excel
0
1
MS SharePoint
0
1
Norkom
2016
1
Problem Solving
2016
1
Quality Assurance
2013
1
Quality Control
2016
1
RESPA
0
1
SDN
0
1
Tableau
0
1
Windows
0
1