Developed a total retail compliance program, implementing bank-wide procedures with focus on regulatory adherence, including employee management and training for proper customer identification and response of suspicious transaction activity.
- Improved transaction monitoring by implementing an automated information system, permitting thorough trend analysis and enhancing visibility of possible suspicious and unlawful practices.
- Increased usage of federally required reporting methods such as Suspicious Activity Reports and Currency Transactions Reports bolstering security measures.
- Established Customer Identification Program, providing acceptable documentation and identification requirements, enabling bank personnel to assess risk at time of account opening.
- Directed a team of three Compliance Analysts in review of daily transaction activity and all reporting requirements.
- Partnered with local and federal law enforcement providing documentation of known unlawful activity.
- Reviewed Financial Crimes Network list 314 (a), comparing to customer base to identify possible suspects.