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Stanley
Stanley.addo@gmail.com
973-769-2825
310 Passaic Avenue Unit 208
Newark, NJ 07199
Business Analyst & AML/KYC Subject Matter Expert (SME)
20 years experience W2
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Summary

Experienced financial services professional with diverse background in Risk Management, Regulatory Compliance, KYC/BSA/AML and Project Management initiatives for Retail & Investment Banking services institutions. Strong working knowledge of OFAC/AML/BSA compliance, controls, data flows, internal audits, KYC/AML systems implementations requirements, Quality Assurance (QA) reviews, Transaction Monitoring, SAR Reporting and Compliance Sanctions screening. Proactive self-starter, with proven ability to work with various stakeholders, including, IT and Business Development teams. Formally credit trained. CFA Level II Examination Candidate. CAMS, CFE, Microsoft Project and Visio certified. Project Management Professional (PMP) certification in progress. AREAS OF CONCENTRATION Transaction Monitoring Knowledge of Bank Secrecy Act /AML, USA PATIOT Act and OFAC laws RDC screening / Reporting Regulatory Compliance AML Surveillance Systems SWIFT Payment systems Enterprise Risk Case Management (ECRM) platform for Actimize, SAM/Mantas Financial modeling JIRA Software Project Management tool Tracking Systems Implementation Business Analysis / Requirements Strategic Planning / Forecasting Data Analysis / Accuracy Assurance Value-at-Risk (VaR) Estimation CMBS Valuation/ Pricing

Experience
Business Analyst & AML/KYC Subject Matter Expert (SME)
Banking/Financial
May 2019 - present
Ny, NY

Responsibilities: Business Analyst and KYC/AML SME that supported IBM with the development and implementation of a Global Financial Crimes Centers of Excellence (CoE) organizational structure for their client, MUFG Bank. The CoE structure implementation created a shared service-based operating model where the KYC/AML review process for the Banks's clients and technology are consolidated to deliver consistent functional capabilities globally and in accordance to Bank's standards. Resulted in improved efficiencies, economies of scale, standardization, governance and oversight.

  • Supported the review and assessment of current state KYC/AML end-to-end processes to identify gaps and opportunities to improve the review process for KYC and AML transaction monitoring system across EMEA
  • Participated in data gathering requirements, analysis and assisted with creating documentation and data mapping between source systems to KYC/AML solution data structure
  • Worked closely with stakeholders to recommend and advise on application functionality and best practices for process flows utilizing the application
  • Provided expertise and advise on industry best practices for continuous improvement throughout the Center of Excellence engagement process, to include guidance, business rules, and process workflows.
  • Worked with IBM Blueworks Live for the design of end-to-end visual process maps to outline the KYC/Transaction Monitoring workflow, documentation of interim process flows and implementation plans
  • Advised on changes to baseline requirements through Change Control templates and developed project tracking reports and dashboard updates. Authored interim state desktop KYC procedure and operating manual
AML Financial Crimes KYC Microsoft Excel
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Project Manager (AML/BSA)
Feb 2018 - Sep 2018
Responsibilities: Project Manager for the US KYC/AML Remediation and Transformation Program for regulatory oversight and remediation of Audit Corrective actions, Lookback/Backlog remediation, KYC/AML data quality issues, process automation and controls, and regulatory compliance project deliverables.
  • Project Scope, Planning & Tracking
  • assisted project teams to scope, plan overall roadmap for all in-scope streams and initiatives and tracked project progress targets/deliverables and milestones
  • Audit Governance
  • prepared and tracked Audit remediation. Worked with Internal Audit in investigating transaction monitoring issues, testing internal controls designs and operating effectiveness by identifying key risks and controls, as well as performing controls optimization, and executing AML/BSA Audit test steps
  • Regulatory Deliverable Management
  • Successfully managed the regulatory reporting and deliverable closure memos and process to support Consent Order of several remediation, data quality cleanup and process control projects
  • Quality Assurance
  • managed quality assurance/investigative reviews to assess the quality and effectiveness of compliance processes and controls
  • Provided expert guidance as SME to senior executives and business managers concerning Financial Crime regulations and coordinated OFAC and AML/BSA functions across business lines to ensure compliance and prevention of financial crimes
  • Worked with the Global teams to ensure all US remediation actions are taken and scheduled deadlines met
  • Tracked overall progress by streams, risks, issues and mitigating actions that threaten the BAU criteria/KPIs and initiatives via regularly scheduled meetings and progress reports
  • Partnered with the Business Development, Compliance, and IT teams for the planning and enhancement to Bank's customer risk scoring system and supported the coordination of UAT testing
Auditing BSA Financial Crimes Mitigation Quality Assessor Regulatory Compliance Regulatory Reporting AML
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Project Manager
May 2017 - Jan 2018
Ny, NY
Responsibilities: Project Manager for the KYC/AML Enhancement Project, which was aimed at reviewing and remediating all Wholesale Banking clients for compliance with European FEC Policy & Minimum Standards Policies.
  • Effectively managed team of 13 Analysts to research and review KYC/AML requirements to complete the remediation, due diligence and profile review for banking clients. Supervised and allocated work.
  • Provided KYC/AML advise across business lines of ING, by supporting and coordinating the completion of KYC and transaction monitoring reviews and delivery of a comprehensive AML/BSA program. Provided expert guidance to senior executives and business managers concerning Financial Crime regulations
  • Developed detailed project plans and coordinated activities and personnel to ensure project's progress is on schedule. Assisted in designing, building and reporting of appropriate KPIs on project.
  • Participated in weekly progress calls to communicate major milestones, potential project risks and provide continuing direction to project team and the Global Project Management and Regional teams.
  • Successfully reviewed and completed KYC/AML requirements for over 1,500 Corporate, Structured Finance and LATAM clients in accordance with new European FEC Policy & Minimum Standards Policies.
Banking BSA Financial Crimes Regulatory Reporting
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Senior Case Analyst (AML/BSA Transaction Monitoring)
Banking/Financial
Apr 2017 - May 2017
Resources/Adams Consulting Group, LLC
BSA
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Case Lead
Banking/Financial
Jun 2014 - Mar 2016
Responsibilities: KYC/AML remediation, screening, and disposition of negative news and PEPs. Conducted customer and product due diligence (PDD) and Enhanced Due Diligence (EDD) for bank clients such as Foreign Correspondent Banks (FCB), Corporate Entities, Non-Bank Financial Institutions (NBFI), Professional Service Providers (PSP), Funds & Investment Managers and Financial Institutions.
  • Conducted screening searches and monitoring of all customers and transactions against the RDC database of sanctions, PEPs and Adverse Media. Investigated alerts for clearance or escalations.
  • Remediated existing KYC/AML records for Bank clients, including Foreign Correspondent Banks, Funds, Corporates, NBFI, PSP and Investment Managers,
  • Partnered with Front Office to define business requirements and served as subject matter expert (SME) on assigned initiatives to advise various stakeholders on business systems.
  • Managed client record management system Strategic Know Your Customer (SKYC) and Customer Due Diligence (CDD) systems, preformed data analysis and validation.
  • Performed due diligence on high risk products such as International Cash Letter, Cross-border Remote Deposit Capture (RDC) and Wires, Domestic and International ACH, US Dollar Drafts and Escrows.
No skills were added
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Senior Relationship Manager and Business Analyst
Sep 2009 - Jun 2014
Livingston, NJ
Responsibilities: Credit risk and Relationship Management for CIT's Small Business Lending. Proactively evaluated transactions and customer relations for adherence to AML/compliance programs, including CIP, CDD and EDD requirements.
  • Member of project team tasked to develop and document punch list of credit, treasury, accounting & reporting, prior to CIT Group transitioning to a Bank Holding Company (BHC), and eventual sale of SBL business unit.
  • Credit underwriting and analysis using Moody's Risk Analyst. Reviewed troubled loans and made recommendations to Credit Committee for various modifications, such as deferments and term extensions.
  • Identified and determined loan impairments for FASB 114 (ASC 310) write-offs and charge-offs
  • Monitor portfolio to ensure Problem Loans are properly classified (internal/regulatory ratings) accrual status, adequacy of reserves and time1y charge-off.
  • Proactively evaluated transactions and customer relations for adherence to AML/compliance programs. Assisted with developing business requirements documents (BRDs) for new systems requirements and implementation.
  • Worked with AML Transaction Monitoring, and IT teams to evaluate and develop BRDs for enhancements to the sanctions monitoring program for Prime Metavante and Actimize systems.
Actimize AML Compliance Risk Analysis
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Owner/Managing Director (Consulting)
May 2005 - Sep 2009
Old Bridge, NJ
Responsibilities: Provided contract underwriting of commercial loans, due diligence and site inspection services to assist clients with commercial real estate valuation and pricing of securitized CMBS transactions.
  • Re-underwrote and evaluated credit risk for commercial mortgage loans to support CMBS B-piece acquisitions.
  • Client on-demand transactional services included, Asset Summary Reports (ASR), Origination pre-screening/Loan Sizing, Lease Abstraction, Loan Reviews, Rollover risk analysis, and Argus Modeling.
  • AML Compliance consulting with roles in Independent Compliance Reviews, policies and procedures development, amendment, implementation, and systems UAT and internal controls testing
  • Defined business and technology requirements for AML regulatory compliance and surveillance needs.
  • Assisted with developing AML/CFT examination guidelines and procedures. Conducted pilot examination for AML/CFT and training programs for employees.
AML Regulatory Compliance
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Business Analyst
Nov 2008 - Jun 2009
Princeton, NJ
Responsibilities: Member of the Capital Structure (CAST) team assigned to help launch new Capital Structure feature for Bloomberg terminal users. Actively participated in UAT plans and test cases.
  • Researched financial data on assigned industry sectors to provide in-depth analysis of private and publicly traded companies debt structure for enhancements to Bloomberg terminal features.
  • Prepared reports for computing the financial leverage index, debt to capital ratio and debt to equity ratios of publicly traded and private companies and for updates to the Bloomberg terminals.
  • Daily interface with Investor Relations, CFOs, Treasurers, Comptrollers and Accounting managers of publicly traded firms to ensure accuracy and reliability of financial data and reports.
No skills were added
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Vice President
Aug 2004 - Apr 2005
Responsibilities: Credit underwriting and due diligence of new credit proposals for Commercial Real Estate loan transactions. Loan sizes ranging from $5 to $20 million.
  • Negotiation of deal and loan level documentations and performance site inspections.
  • Evaluation of investment returns based on discounted cash flows, returns on costs and use of third-party leverage.
  • Performed debt-sizing and desktop appraisal of commercial properties
  • Prepared collateral analysis, financial spreads, property cash flow analysis, rent roll analysis, pro-forma cash flow analysis, and Asset Summary Reports on prospective clients for loan committee
  • Participated in negotiation of legal documentation to assist in successful closing of transactions.
  • Credit administration including amendments, covenant tests and ad hoc reporting requests
Regulatory Reporting
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Credit Analyst, (Contract Assignment)
Feb 2004 - Aug 2004
New York, NY
Responsibilities: Underwrote new credit proposals for SMBC's commercial lending portfolio including all general corporate, energy, project finance, and leverage buyout financing transactions
  • Credit and risk analysis of a $20B portfolio covering the large corporates, real estate, and project finance
  • Prepared annual and ad hoc credit reviews, obligor and credit facility grading and portfolio monitoring
Risk Analysis
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Senior Credit Analyst/Relationship Manager
Dec 2000 - Feb 2004
New York, NY
BANKING GROUP Senior Credit Analyst/Relationship Manager Responsibilities Managed the credit risk of a $350 million commercial real estate portfolio. Provided Corporate Banking coverage for clients and assisted in preparation and presentation of marketing pitches to promote Bank products.
  • Portfolio management of $350 million commercial real estate loan portfolio
  • Reporting, portfolio analysis, quarterly and annual reviews, including risk ratings, and amendments
  • Sourced, negotiated structured loans, revolvers, with financial institutions, Banks, REITs, pension funds, developers and mortgage brokers. Average loan size between $15 million to $50 million.
Banking
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Edit Skills
Non-cloudteam Skill
Education
Accounting
Rutgers University 1992
affiliations
BNP Paribas - Credit Training Program
Office
Project Management Institute PMI
Certifications
Visio certified
Project Management Professional PMP certification in progress
CERTIFICATIONS & Training
CAMS - Certified Anti-Money Laundering Specialist
CFE - Certified Fraud Examiner
Member, Association of Certified Anti-Money Laundering Specialists (ACAMS)
Member, Association of Certified Fraud Examiners (ACFE)
Skills
AML
2021
9
Actimize
2014
5
Banking
2018
5
Compliance
2014
5
Risk Analysis
2014
5
Regulatory Compliance
2018
4
Regulatory Reporting
2018
2
BSA
2018
1
Financial Crimes
2021
1
Auditing
2018
1
CFA
0
1
KYC
2021
1
Mantas
0
1
Microsoft Excel
2021
1
Mitigation
2018
1
OFAC
0
1
Quality Assessor
2018
1
Risk Management
0
1