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Walter
waltermalton@gmail.com
443-250-5091
9267 Laureate Blvd
Orlando, FL 32827
Senior AML/BSA Compliance Risk Investigator
18 years experience W2
0
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Summary

Driven, accomplished Investigator highly regarded for creating strategies, conducting comprehensive reviews, and remediation of alleged misconduct, and delivering confidential findings to adjudicating committees throughout the financial industry. Leverages expertise with all federal, state, and local regulations to ensure compliance. Dedicated Project Manager who defines key deliverables, establishes staff communication plans, adapts to changing priorities, and propels priority projects to completion. Outstanding communicator with strong interpersonal skills and the ability to cultivate relationships and articulate complex issues to members at all levels of an organization. Motivated self-starter with a keen eye for detail and proven ability to organize and manage multiple projects simultaneously. Analyzes data to implement unique solutions to intricate business problems. Thrives in fast-paced and diverse environments that champion collaboration while maintaining high degrees of integrity.

Selected Highlights

  • Developed and implemented the corporate Bank Security Act (BSA), Anti-Money Laundering (AML), and Office of Foreign Assets Control (OFAC) policies and procedures in alignment with all regulations and industry best practices, partnering with internal Mezu Inc. departments to ensure compliance requirements were met. SAR Writing upon review and escalation.
  • Built relationships between medium and high-risk clients and the finance and marketing department, conducted interviews and monitored activities as required by corporate Enhanced Due Diligence (EDD) policies.
  • Remained current with all BSA/AML regulations, trends, and best practices while implementing best practices and introducing new processes and procedures to enhance fraud protection, compliance, and risk management programs, generating a 92% increase in efficiency throughout the organization.
  • Researched and analyzed and remediated corporate structures, financial statements, and other vital documents to determine potential suspicious activity while simultaneously leading quality assurance reviews to ensure risk is adequately identified and rated for the United Bank of Georgia.
  • Executed Deep Dive thorough SCRA investigations on behalf of Bank of America of alleged misconduct based on information collected from the Department of Banking Oversight, analyzing results and sharing reports with reviewers, executives, and stakeholders.
  • Worked with Foreign Entities such as Central Pacific Financial and Bancorp South within their EDD space. Reviewed and analyzed CDD, EDD, and transactional data to identify any abnormalities that appeared to be of AML concern and documented the same when warranted. Identified Red Flags and escalated as needed.

Core Competencies

  • Certified Fraud Examiner-Underway
  • REG B, Z, E
  • SCRA Harm Investigator
  • Government Policies & Procedures
  • Loan Servicing
  • Investigative Report/AFC Documentation
  • Cross-Functional Collaboration
  • Change Management
  • Reg W Reporting
  • Transaction Monitoring
  • Wolfsburg Papers
  • KYC Analysis
  • Compliance and Control
  • Account Remediation
  • Correspondent Banking
  • PCI Compliance
  • SAR Review and Investigation
  • EDD/SPDD
  • Research & Remediation
  • CCPA Compliance
  • Licensed Life & Health Agent

Technical Skills

Microsoft Office (Word, Excel, Agile, Outlook, Access, Publisher) / Lexis Nexis / Actimize / Fiserve FCRM / Mantas / Open Project / On Demand / Eclipse / Identity Mind 1/0/2.0 / Sift Science / AS 400 / Cognito / Salesforce / Thompson Reuters (Clear)

Organizations

  • CAMS – Member
  • ACFE – Member
  • NMLS – Member
  • Florida Board of Realtors

Experience
Sr. AML/BSA Compliance Fraud Investigator
Banking/Financial
Jan 2020 - present
Orlando, FL
  • Investigation, Transaction Surveillance, and Monitoring Look-Back that was responsible for identifying, clearing, or elevating alerted transactions and using customer data to detect, mitigate, or report suspicious activity related to sanctions, money laundering, terrorist financing, and structuring.
  • Drafted SAR narratives, prepared SAR forms, and escalated SARs to the SAR committee for final review.
  • Obtained, reviewed, and analyzed information from internal and external sources for Customer Due Diligence and Enhanced Due Diligence.
  • Reviewed, analyzed, and investigated cases, internal reviews, ad hoc investigations according to procedures for suspicious activity.
  • Reviewed and analyzed (CIP) Customer Identification Program and (CTR) Currency Transaction Reporting to ensure that the bank aggregated all currency transactions as stated in the alerting activity.
  • Reviewed the bank’s risk-based (OFAC) Office of Foreign Assets Control data to guarantee proper monitoring.
  • Reviewed cases according to industry red flags to escalate potential suspicious activity in a SARs to the SAR Committee.
  • Reviewed mortgage loans, consumer loans, and retail transactions to ensure all money and deposits aligned with Officer of the Controller of the Currency (OCC) FINCEN policies to ensure no suspicious activity existed.
  • Engaged the BSA/AML staff to gauge their awareness and ensured adherence to KYC (Knowing Your Customer) in this look back project.
  • Remained current with all BSA/AML regulations, trends, and best practices while implementing required processes and procedures to enhance fraud protection, compliance, and risk management programs, generating a 92% increase in efficiency throughout the organization.
  • Participated in independent reviews and audits to ensure that appropriate response and remediation processes were utilized and repeated findings recommendations were avoided.
  • Provided direction in alignment with Enterprise AML/BSA compliance mission and goals including the KYC operations process, analytics, and regulatory reporting.
AML Auditing BSA Compliance KYC Regulatory Reporting Risk Management SAR Reports Terroris Financing Fraud Investigation
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Sr. Business Analyst
Banking/Financial
Sep 2019 - Nov 2019
  • Supported the day-to-day needs by providing data analysis, project deliverables, risk management and operational needs to achieve strategic objectives.
  • Performed analysis of findings and trends using statistics, modeling, process documentation, and profitability analysis.
  • Determined and recommended the most appropriate response to identified complex problems, issues and/or defects by assessing impact and prioritization.
  • Prioritized analysis of exceptions, findings, reports, processes resources for increasing profitability and reducing risk.
  • Executed projects, analyses, and reporting requirements under the direction of senior leadership; maintained accurate documentation of reporting requirements, statuses, and issues.
  • Analyzed financial trust documents and data to demonstrate an organized, efficient, detail-oriented, and creative mind in all work activities.
Actimize AML Banking BSA CCAR Regulatory Compliance Risk Management Regulatory Reporting Business analysis
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Sr. Risk Analyst
Banking/Financial
May 2019 - Aug 2019
Atlanta, GA
  • Identified, cleared, or elevated alerted transactions and used customer data to detect, mitigate, or report suspicious activity related to sanctions, money laundering, terrorist financing, and structuring.
  • Drafted SAR narratives, prepared SAR forms, and presented SARs to the SAR committee.
  • Obtained, reviewed, and analyzed information from internal and external sources for Customer Due Diligence and Enhanced Due Diligence.
  • Reviewed, analyzed, and investigated cases, internal reviews, ad hoc investigations according to procedures for suspicious activity.
  • Reviewed, analyzed, and investigated cases for Suspicious Activity Reports (SAR).
  • Reviewed and analyzed (CIP) Customer Identification Program and (CTR) Currency Transaction Reporting to ensure that the bank aggregated all currency transactions as stated in the alerting activity.
  • Reviewed the bank’s risk-based (OFAC) Office of Foreign Assets Control data to guarantee proper monitoring.
  • Reviewed cases according to industry red flags to escalate potential suspicious activity in a SARs to the SAR Committee.
  • Reviewed mortgage loans, consumer loans, and retail transactions to ensure all money and deposits aligned with Officer of the Controller of the Currency (OCC) FINCEN policies to ensure no suspicious activity existed.
  • Engaged the BSA/AML staff to gauge their awareness and ensured adherence to KYC (Knowing Your Customer) in this look back project.
AML Auditing EDD CDD BSA KYC Regulatory Reporting Risk Analysis SAR Reports Terroris Financing
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Sr. AML/BSA Fraud Specialist
Banking/Financial
Aug 2018 - Apr 2019
Orlando, FL
  • Developed and implemented policies and procedures regarding corporate Bank Security Act (BSA), Anti-Money Laundering (AML), and Office of Foreign Assets Control (OFAC) policies and procedures in alignment with all regulations and industry best practices partnering with internal departments to ensure compliance requirements were met.
  • Verified the identity of Know Your Customer (KYC) applicants and conducted thorough investigations of all suspicious activities and OFAC, fraud, and identity verification alerts pursuing corrective actions as needed.
  • Processed and disputed chargebacks received from payment processors as required.
  • Built relationships between non-profit high-risk clients and the finance department and internal audit LOB’s, conducted interviews and monitored activities as required by corporate Enhanced Due Diligence (EDD) policies.
  • Evaluated Suspicious Activity Reports (SAR) and cleared or escalated investigations based on findings while also analyzed data and documents in association with fraud cases and reporting factual conclusions to upper management. Remediate and escalate as warranted.
  • Remained current with all BSA/AML regulations, trends, and best practices while implementing required processes and procedures to enhance fraud protection, compliance, and risk management programs, generating a 92% increase in efficiency throughout the organization.
  • Participated in independent reviews and audits to ensure that appropriate response and remediation processes were utilized, and repeated findings recommendations were avoided.
  • Provided direction in alignment with Enterprise AML/BSA compliance mission and goals including the KYC operations process, analytics, and regulatory reporting.
AML Auditing Risk Management Compliance KYC OFAC BSA Regulatory Reporting
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Sr. AML Risk Officer/ PMP
Banking/Financial
May 2017 - Mar 2018
Four Oaks, NC
  • Collaborated with cross-functional teams including members of the Financial Intelligence Unit (FIU), Compliance/Risk Management, and LOB Management departments, to analyze, approve, and monitor the BSA/AML risk levels of enterprise and business unit clientele while also ensuring that AML policies and procedures for LOB were followed and EDD Remediation was accurate.
  • Provided policy interpretations and responded to questions on AML policies from across business units with regards to client onboarding regulations. Reviewed account activity and escalated to the SAR level as needed.
  • Researched and analyzed corporate structures, financial statements, and other vital documents to determine potential suspicious activity, while simultaneously leading quality assurance reviews to ensure risk was adequately identified and rated.
  • Diagnosed false positives within complex corporate structures and banking transactions and oversaw annual AML risk assessments through to completion.
  • Remained current with all BSA/AML and OFAC regulations and industry trends as well as internal SunTrust AML policies.
  • Conducted Remediation Utilizing Actimize, World-Check, I Linx, Channel Link, Client Profile Review, Thompson Reuter, OFAC, Google, and Lexis Nexis to introduce comprehensive risk detection and compliance programs enhancing reporting efficiency.
Actimize AML Compliance Risk Assessment OFAC BSA Banking Regulatory Reporting Project Management Risk Management SAR Reports Quality Assessor LexisNexis EDD
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Senior AML/BSA Risk Manager
Banking/Financial
Nov 2016 - May 2017
Tampa, FL
  • Performed thorough testing of forensic AML/BSA violations, Risk Analysis and SAR reports, and New Account KYC and CIP procedures in addition to reviewing the Customer Identification Program (CIP) and the Currency Transaction Reporting (CTR) process to ensure proper aggregation of all transactions as outlined in the operations manual.
  • Examined the bank’s risk-based Office of Foreign Assets Control (OFAC) to verify that there were adequate triggers in place to eliminate risk, creating new processes as needed.
  • Monitored residential and commercial mortgage loan transactions to determine that all monies and deposits aligned with Officer of the Controller of the Currency FINCEN regulations and that no suspicious activity existed.
  • Ensured all processes complied with the bank's written BSA/AML/USA Patriot Act policies, procedures, and operations while also gauging staff awareness of all KYC delivering MRAs, as needed to executive leadership.
  • Developed reports, training materials, policies, and procedural documents in support of AML/KYC.
AML KYC Risk Assessment BSA Regulatory Reporting Project Management CIP SAR Reports Risk Analysis Patriot Act
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Sr. Business Analyst / Team Leader
Professional/Consulting Services
Sep 2015 - Aug 2016
  • Facilitated a comprehensive review of all essential elements of the Servicer’s Compliance Management System including Risk Assessments, Compliance Program Processes, and Consumer Complaint Management.
  • Executed comprehensive thorough investigations of alleged misconduct based on information collected from the Department of Banking Oversight, analyzing results, and escalating issues as needed.
  • Initiated a communication strategy to keep all team members, reviewers, executives, and stakeholders informed of current project status and updates.
  • Surveyed Servicer’s notes to determine if the borrower was recommended for all available loan modification programs (HAMP and Non-HAMP, Investor, Shared Appreciation, Proprietary, and Non-Proprietary Modifications), as well as such foreclosure alternatives as HAFA, Short-Sale, and Deed in Lieu of Foreclosure.
  • Analyzed transaction history to establish the timeline of late payments during the default process and uncover if the Servicer was compliant with Early Intervention, 45-day letters, telephone calls, and timely written notice policies.
  • Calculated debt-to-income ratio to validate modification denial reasons and reviewing project documentation to ensure findings were communicated to the borrower.
  • Established timelines for 42 Reviewers and 4QA Analyst based on notes and loan documents within the file, searching for evidence of non-compliant procedures and prohibitive fees during the bankruptcy process which led to borrower HARM and restitution.
  • Liaised with Corporate Audit and AML partners and other LOB’s to confirm that all policies followed the Patriot Act and that all confidential information was shared solely on a need to know basis within strict privacy guidelines.
Compliance Banking Risk Assessment Business analysis AML Auditing Patriot Act
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Senior AML/BSA Business Analyst
Banking/Financial
Jan 2015 - May 2015
Charlotte, NC
  • Conducted review and remediation of Military Affidavits to verify the active duty status of Servicemember.
  • Tracked the patterns, trends, and anomalies in complex transactional and customer data to detect, prevent, mitigate, and report HARM to the Servicemember due to improper adherence to SCRA processes and procedures.
  • Formulated loan accounts and remote deposit capture, wire transfers, and monetary instrument quarterly reports.
  • Delivered EDD research to individuals, institutions, and trust while preparing written investigation reports based on findings per corporate policies and procedures.
  • Observed the client database to create a customer monitoring report for FINCEN and evaluated potential OFAC hits to ensure transactions adhered to US sanctions.
AML OFAC Terroris Financing BSA EDD
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Senior Risk Manager / Auditor
Professional/Consulting Services
Aug 2014 - Dec 2014
  • Served as subject matter expert on AML/BSA and economic sanctions issues including transaction monitoring, money laundering, and terrorist financing via check cashing locations throughout New York, and led training sessions and skills development initiatives for 45 staff members.
  • Partnered with PCI QSA and Audit teams to develop in-depth PCI and SOX assessments.
  • Coordinated with the client, FIU Managing Director, Stakeholders, and Partner for all phases of the project lifecycle including gathering requirements, executing deliverables, communicating with the team, allocating staff, and setting a schedule.
  • Assisted FIU and Corporate Audit with gathering and submitting requirements for their SOX audit compliance.
  • Leveraged industry expertise to assess and mitigate BSA/AML risk across diversified operations, undertaking complex investigations while also employing Actimize, Norkem, Google, and Lexis Nexis to cultivate detection and compliance programs.
  • Articulated issues or questions that could compromise the project parameters, costs, or deadlines to the Sr. AML Manager, Project Manager, or Partner.
  • Exemplified independent thought while taking decisive action with regards to dynamic problem solving, false positives transaction monitoring, risk assessment, quality control, and data and information evaluation.
  • Identified further areas to create value-add opportunities for future projects.
Auditing Compliance Actimize AML BSA Project Management Risk Assessment SOX Terroris Financing LexisNexis
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AML/BSA Analyst
Real Estate
Feb 2014 - Jul 2014
  • Conducted forensic background investigations and appraised wire transfers and other payments for potential fraud, money laundering, patterns, and inconsistencies.
  • Participated in the annual Capital Analysis and Review per the Dodd-Frank Act and the Federal Reserve, conducting quantitative research to ensure BMO Harris Bank implemented clear and forward-looking capital planning processes to support operations during times of economic and financial distress.
  • Investigated suspicious items and transactions submitted via automated AML alerts or standard reports and referrals.
  • Aided the FIU and Corporate Audit department with preparing and reviewing documents for OCC regulatory examinations.
AML Auditing Compliance CCAR BSA
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Sr. AML/BSA Project Manager
Banking/Financial
Apr 2013 - Jan 2014
  • Scrutinized a core sample of closed non-performing loans portfolios to determine the validity of deficiencies uncovered by third-party vendors for acceptance or repurchase.
  • Instituted due diligence and operational controls in addition to improving internal policies and procedures to maximize departmental resources and minimize AML Risk concerns.
  • Audited application files to determine the eligibility of SCRA for Active Duty military borrowers.
  • SCRA-Under Consent Orders reviewed Military Affidavits and other documentation to validate the active duty status of Servicemembers.
  • Conducted forensic reviews to identity to identity possible HARM to the servicemember while in Active Duty Status.
  • Deciphered data from the AS-400 loan servicing database to verify or dispute credit report findings.
  • Facilitated SOX audit requirements with Corporate Audit and other LOB’s as needed.
AML Auditing Compliance BSA Project Management SOX
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Manager
Banking/Financial
Jun 2003 - Apr 2013
  • Chevy Chase Bank FSB - Area Branch Manager
  • First Franklin Financial Wholesale - Mid-Atlantic Regional Manager
Project Management AML Compliance Risk Management
Remove Skill
Edit Skills
Non-cloudteam Skill
Education
Bachelor's in Business Administration and Management General
University of Baltimore
Certifications
Certified Fraud Examiner (Candidate)
ACFE
Anti-Money Laundering/Bank Secrecy
All Regs Academy
AML/BSA Analyst Certification
Global Banking Institution
Quality Control Knowing Your Customer (KYC)
CRA Methodology
AML Testing Enhanced Due Diligence (EDD)
Skills
AML
2021
15
Compliance
2021
14
Project Management
2018
12
Risk Management
2021
12
Mantas
2011
1
Auditing
2021
4
BSA
2021
4
Regulatory Reporting
2021
3
KYC
2021
2
Risk Assessment
2018
2
SAR Reports
2021
2
Actimize
2019
1
Banking
2019
1
Business analysis
2019
1
EDD
2019
1
LexisNexis
2018
1
OFAC
2019
1
Patriot Act
2017
1
SOX
2014
1
Terroris Financing
2021
1
AFC
0
1
CAMS
0
1
CCAR
2019
1
CDD
2019
1
CFE
0
1
Change Management
0
1
CIP
2017
1
Fraud Investigation
2021
1
Microsoft Excel
0
1
Quality Assessor
2018
1
Regulatory Compliance
2019
1
Risk Analysis
2019
1
Sarbanes-Oxley
0
1