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Alvin
aloftin1906@yahoo.com
alkbl@yahoo.com
202-903-4413
113 Sunset Lane
Atlanta, GA 30389
AML OFFICER, AVP
11 years experience W2
0
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Average rating
67
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Summary

Highly skilled, motivated, and accomplished Banking professional offering an impressive career with more than 10 years’ experience in Fraud, Investigations, Compliance, Risk Analysis, and Federal Regulations. Possessing the exceptional ability and competency to administer and maintain robust compliance, audit, and AML programs in support of management’s response to changes in the regulatory environment. A results-oriented executive that utilizes a proven practical approach with an in-depth understanding of ongoing risk assessment, risk management, asset protection, internal controls, and enhanced due diligence efforts related to AML Sanctions/BSA laws, rules and regulations. Also, adept at cultivating and strategically leveraging relationships and liaison contacts to effectively build a network of international and U.S. partnerships to achieve common goals.

Experience
AML OFFICER, AVP
Oct 2015 - present
  • Investigate, research, analyze and evaluate account transactions that appear to be suspicious or unusual for a given business or person within any bank LOB. Assigned cases that are more complex in nature; involving multiple accounts, products and banks. Filing the case with the Financial Crimes Enforcement Network; prepare Suspicious Activity Reports (SAR’s) as warranted.
  • Partner with Operations Risk Managers and other FIU staff members to co-investigate cases as assigned and as necessary. Review the investigations of Investigator I positions as needed to assure accuracy and completeness.
  • Takes initiative to stay current on BSA and OFAC regulatory updates as well as the bank’s AML program policies and procedures. Chairs task force or problem-solving groups as assigned to assure adherence to anti-money laundering regulation.
  • Represents department and bank on management committees and projects that touch anti-money laundering, OFAC and anti-terrorism activities. Develops contacts with law enforcement and participates in professional organizations.
  • Initiates projects to determine trends and define typologies with the bank’s footprint that could harbor money laundering or terrorist financing activity.
Terroris Financing Project Management OFAC BSA AML Financial Crimes
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Global Financial Crimes Compliance (GFCC) Unit Quality Testing Associate / AML Investigator
Apr 2014 - Jun 2015
Brooklyn, NY
  • Performed complex investigations related to potential losses, suspected criminal activity and/or terrorist financing, when appropriate, filed SAR's.
  • Conducted interviews of a highly sensitive nature with customers, advisers and employees to determine facts and obtain statements.
  • Developed contacts with federal, state and local law enforcement agencies and peers at other financial institutions to facilitate Anti-Fraud/AML investigations. Prepared and thoroughly document factual and impartial findings in a timely and professional manner.
  • Directed and managed alert investigations and coordinate SARs creation for the GFCC Unit.
  • Outstanding knowledge and oversight of risk management and control principles.
  • Partner with lines of business in the development of plans that address root cause of issues and develop appropriate MIS to track the progress of action plans.
  • Directed Quality Testing and Quality Control Teams responsible for testing the OFAC, SAR’s, FinCEN and Watchlist Person of Interest initiatives for compliance with internal procedures and regulatory requirements to ensure quality, completeness, and accuracy.
  • Fortified the quality testing process by developing defined test scripts, procedures, enhanced metrics and testing guidelines, to identify and track discrepancies resulting from products not in accordance with established procedures as well as escalate findings to executive management.
  • Identified, remediate and track issues; implemented enhanced controls to sustain improvements made to quality testing processes.
  • Improve the quality testing process by creating performance tracking metrics to mitigate the escalation of deficiencies identified during the evaluation process as well as develop effective resolutions.
  • Subject matter expert on numerous team projects and offer additional guidance on various key aspects of project progression, completion and realignment.
Compliance Test Scripts Terroris Financing SAR Reports Risk Management Project Management OFAC AML Financial Crimes
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Forensic Underwriter
Professional/Consulting Services
Feb 2012 - Nov 2013
Atlanta, GA
  • Reviewed and conducted investigations on closed mortgage loans. Identified egregious violations and where appropriate, filed Unusual Activity Reports (UARS).
  • Analysis of tax returns and financial statements.
  • Performed Advanced Due Diligence (ADD) reviews.
Loans Analysis EDD Unusual Activity Reports (UARS)
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Quality Assurance Analyst / Compliance Auditor (Contract)
Banking/Financial
Dec 2011 - Feb 2012
Hapeville, GA
  • Reviewed and conducted investigations on closed mortgage loans. Identified egregious violations and where appropriate filed Unusual Activity Reports (UARS).
  • Utilized third-party software supporting compliance programs and reviews i.e. LexisNexis, Westlaw reports.
  • Professionally communicated the results of file reviews both verbally and in written format to internal and external customers.
  • Analysis of tax returns and financial statements to determine the cash flow.
Auditing Compliance LexisNexis Loans Quality Assessor AML Investigation Unusual Activity Reports (UARS) P&L Financial Controls
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Quality Assurance Underwriter and Standards Credit Specialist II (Contract)
Banking/Financial
Jul 2011 - Dec 2011
Atlanta, GA
  • Reviewed and conducted investigations on closed mortgage loans. Identified egregious violations and where appropriate filed Unusual Activity Reports (UARS).
  • Reviewed closed loans for eligibility with respect to Fannie Mae Selling Guide, DU Guide, and/or negotiated terms as defined by contracts with Fannie Mae’s lender partners.
  • Identified transaction components that indicated a potential for fraud and perform sufficient AML investigative work to resolve issues that were identified.
  • Utilized third-party software supporting compliance programs and reviews i.e. LexisNexis, Westlaw reports.
  • Professionally communicated the results of file reviews both verbally and in written format to internal and external customers.
  • Analysis of tax returns and financial statements to determine the cash flow.
AML Quality Assessor Loans LexisNexis Compliance AML Investigation Unusual Activity Reports (UARS) P&L Financial Controls
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QC Auditor
Banking/Financial
Jan 2011 - Apr 2011
Nashville, TN
  • Reviewed mortgage loans prior to funding in an effort to ensure adherence to SunTrust, FNMA and/or FHLMC guidelines. Communicated with CSRs, Closers, Underwriters, and Setup team to ensure all documentation in loan file was complete and in compliance. Review included analysis and re-calculation of income as well as a review of appraisal, assets, credit, and all required lender and secondary market documentation.
  • Utilized third-party software supporting compliance programs and reviews i.e. LexisNexis, Westlaw reports.
  • Professionally communicated the results of file reviews both verbally and in written format to internal and external customers.
  • Analysis of tax returns and financial statements to determine the cash flow.
Auditing Compliance LexisNexis Loans P&L Financial Controls
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Edit Skills
Non-cloudteam Skill
Education
Finance, General
Arizona State University - Tempe, 1983 - 1985
Master's in Finance
Arizona State University 1984

 

 

Bachelor's in Political Science
Northern Michigan University 1981
Minor: Finance
Political Science and Government
University of Michigan, 1977 - 1981
Certifications
Certified Anti-Money Laundering Specialist (CAMS) - in progress
ACAMS
Skills
AML
2021
7
Financial Crimes
2021
7
OFAC
2021
7
Project Management
2021
7
Terroris Financing
2021
7
BSA
2021
6
Compliance
2015
2
Loans
2013
2
Unusual Activity Reports (UARS)
2013
2
Analysis
2013
1
EDD
2013
1
Risk Management
2015
1
SAR Reports
2015
1
Test Scripts
2015
1
Actimize
0
1
AML Investigation
2012
1
Auditing
2012
1
Banking
0
1
Financial Analysis
0
1
Financial Controls
2012
1
Fraud Investigation
0
1
LexisNexis
2012
1
Mantas
0
1
Microsoft Excel
0
1
P&L
2012
1
Quality Assessor
2012
1
Regulatory Reporting
0
1
Risk Analysis
0
1
Risk Assessment
0
1