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Ronnie
Obim24@gmail.com
469-999-7257
183 Clerk Street
Jersey City, NJ 07305
Fraud / Compliance and Quality Control Risk Specialist
8 years experience W2
0
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Summary

  • Skilled financial professional with experience in developing and implementing successful risk management policies (AML Investigations). Proficient at evaluating risk for significant transactions, analyzing business processes to determine business risk appetite, and developing reports documenting transaction risk.
  • Assessed potential Office of Foreign Assets Control (OFAC) hits to ensure that transactions are following the US sanctions and collaborated with the team and other financial institutions to fulfill Section 314(b) requirements of the USA Patriot Act on the sharing of information requests.
  • Reviewed a variety of low, moderate, and highly complex business activities and transactions which required a combined level of banking experience and AML expertise in order to effectively assess the quality of AML department work.
  • Analyzed business documentation to identify areas of risk and to enhance workflow processes and developed reports documenting risk to potential plans, strategies, and transactions for presentation to Management.
  • Maintained critical KYC QC documentation and maintained electronic and physical partner records.

Skills

  • Teamwork / Collaboration
  • Project Management
  • Legal Compliance
  • Fraud
  • Financial Crime
  • Quality Assurance and Control
  • Quality Management
  • Product Development
  • Compliance Management
  • Regulatory Affairs Internal Auditing
  • Budgeting

Experience
Compliance & Operational Risk Control Specialist
Banking/Financial
Dec 2019 - present
Weehawken, NJ
  • Supported definition and performance of second-line-of-defense activities in relation to suitability risk.
  • Worked to ensure high-quality standards were maintained for KYC analysts on beneficial ownership and adherence to policy and procedures.
  • Reviewed cases for adherence to EDD policy and procedures to ensure analyst conclusions were clear, concise, and made sense.
  • Remediation, internal audit, controls, experience with different LOBs.
  • Led standards (CUSO, COSO, ERM) regulatory requirements and supervisory expectations.
  • Established monitoring workflow and testing procedures for inter-entity oversight.
  • Risk control self-assessment; encouraged both management and staff to assume responsibility for internal control.
  • Maintained Risk framework which included KPC, KPI, SAR, Cost Allocation, and Regulatory requirements.
  • Reviewed and understood policies, procedures, and programs to ensure appropriate and effective risk mitigation controls were in place.
  • Measured metrics for KPI, provided early warning signals, trends, and measured status of risk control.
  • Provided business management with controls, tools, training, frameworks, information, and insights required to manage suitability risk.
  • Built new process/data query to identify securities issued by various legal entities across the firm.
  • Delivered independent risk assessment and reports that shed light on the suitability risk profile.
  • Supported Financial Crime Compliance Americas Policy and Training team to ensure adherence to local requirements and global standards.
  • Developed Financial Crime related policies and procedures in consistent and clear manner following adequate interpretation of applicable rules and regulations.
  • Monitored risk-based compliance programs to ensure compliance with federal, state, agency, legal, and regulatory requirements.
  • Provided oversight to the compliance function, gap analysis, implementation checklist.
Compliance Auditing Financial Crimes KYC RCSA Risk Assessment SAR Reports EDD COSO Mitigation Securities
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Compliance QA Systems Analyst
Banking/Financial
Jul 2019 - Aug 2019
Newark, NJ
  • Conducted investigations on customer activity generated by City National Bank's AML program as well as bank personnel referrals (alerts, cases, and Unusual Activity Report).
  • Established a framework for Quality Assurance.
  • Ensured each investigated case QA review was thoroughly documented on a QA checklist.
  • Assisted in identifying problem areas and risks associated with processes and made recommendations to improve the quality of KYC analyst work.
  • Identified fraudulent transactions and canceled them from further processing as well as identified system improvement to prevent fraudulent activities.
  • Assisted clients with achieving a competitive advantage by managing risk and compliance in a streamlined manner and created greater resilience to risk.
  • Monitored and reported risk, risk assessments, and prioritizations (data aggregation and risk reporting matrix).
  • Reviewed system-generated transaction report and investigated account activity for potentially suspicious activity including structuring and high-risk wire activity from inception to completion and draft SAR's.
  • Operated within agreed business Service Level Agreements (SLAs) and confidentiality standards.
  • Solid understanding of Actimize outbox: SAM, CDD, WLF, and TC.
  • Conducted enhanced due diligence (EDD) research/continuing due diligence and completed related reports.
  • Assisted with Bank's compliance risk assessment program as well as enhanced due diligence (EDD) reviews.
  • Observed customer transactions to identify fraudulent activity such as account take over, friendly fraud, theft, ACH transactions, wires, and credit card fraud.
  • Recommended anti-fraud processes for changing transaction patterns and trends.
  • Maintained fraud analysis model to improve efficiency and effectiveness of company systems.
  • Monitored constantly customer and transactional records to identify unauthorized transactions and fraudulent accounts.
Actimize CDD Compliance Risk Assessment Quality Assessor EDD
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Lead QA AML/KYC Specialist
Banking/Financial
Jun 2017 - Jun 2019
Tempe, AZ
  • Drafted policies and procedures to ensure the team and analyst were working in compliance with the bank and external requirements.
  • Escalated critical issues to the quality control supervisor/manager.
  • Analyzed and reported risk levels for business strategies and transactions.
  • Monitored the production levels and quality of reviews done by the AML Analyst.
  • Provided supervision and quality assurance reviews for a team of 8 analysts.
  • Evaluated financial and business documents to determine the risk appetite.
  • Counseled committees and department heads regarding compliance risks and standards.
  • Supported the Financial Intelligent Unit on the implementation of policies and procedures while partnering with business senior management.
  • Implemented and upgraded all Actimize AML solutions - SAM, CDD, WLF.
  • Assessed potential Office of Foreign Assets Control (OFAC) hits to ensure that transactions were following the US sanctions and collaborated with the team and other financial institutions to fulfill Section 314(b) requirements of the USA Patriot Act on the sharing of information requests.
  • Used various internal and external resources (Lexus-Nexis, Nice-Actimize, Oracle Case management tool RCM, SharePoint, and DowJones) to conduct time-sensitive investigations of alerted and referred transactions/clients for suspicious activity and ensured that customers and clients had new AML models/scenarios.
  • Supported business initiatives through data analysis, identified implementation barriers, and provided user acceptance testing of various systems.
  • Oversaw and monitored violation tracking system for accuracy which reduced risk issues by more than 75% QC.
  • Provided timely and complete resolution of ad-hoc internal and external data queries.
  • Managed performance of 8 team members through mentoring, one-on-one meetings, and training programs.
  • Conducted audit reviews of new Customer Information File (CIF)/KYC documentation for BSA Risked rating validation at customer onboarding and during periodic due diligence reviews.
  • Developed performance scorecard framework by addressing gaps, trends, patterns, and opportunities in existing ones.
  • Implemented procedures for usage, management, and updated internal and external ticketing systems.
  • Partnered with cross-functional teams to conduct thorough discovery and due diligence on existing processes.
  • Identified and resolved process issues to encourage smoother procedures, more efficient workflow, and overall business growth.
Actimize AML Auditing Banking BSA CDD Compliance KYC Microsoft Excel Regulatory Compliance Testing LexisNexis Data Analytics Quality Assessor Patriot Act
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Fraud Data Analyst
Healthcare
Mar 2014 - Jun 2017
Frisco, TX
  • Analyzed and classified group population health clinical and quality outcome data.
  • Prepared findings and developed recommendations utilizing clinical expertise on quality improvement and applicable methods used to improve health status by specific populations (e.g. Dialysis, liver, and kidney problems).
  • Designed data structures within electronic medical record systems for identifying richer data sources and optimizing reporting abilities.
  • Created and amended workflows utilizing electronic medical records systems to provide care providers with structured criteria for assessing patient health and managing complex, chronic health conditions by an exact population.
  • Assisted in the evaluation of quality and effectiveness of application hardware/software and system performance.
  • Coordinated and trained staff on changes to electronic medical records systems and related protocols for assessing and documenting patient health status.
  • Collaborated with Health Information Management on developing and implementing hardware and software changes to electronic medical records systems.
  • Assisted in the development and implementation of policies and procedures related to population health management electronic data initiative.
  • Processed master data requests in line with service level agreements and responded to queries on time.
Actimize AML Auditing Compliance Financial Crimes Mitigation Project Management Regulatory Reporting Risk Management
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Edit Skills
Non-cloudteam Skill
Education
Master's in Economic Crime and Fraud Management
Utica College 2020
Bachelor's in Accounting
Nasarawa State University, Keffi 2009
Certifications
Masters Certification in Data Analytics
Cornell Sc Johnson college of Business, 2018
Transaction Monitoring
ACAMS, 2017
CAMS
ACAMS, 2017
Skills
Auditing
2021
6
Compliance
2021
6
Actimize
2019
5
AML
2019
5
Financial Crimes
2021
4
Mitigation
2021
4
Project Management
2017
3
Regulatory Reporting
2017
3
Risk Management
2017
3
Banking
2019
2
BSA
2019
2
CDD
2019
2
Data Analytics
2019
2
KYC
2021
2
LexisNexis
2019
2
Microsoft Excel
2019
2
Patriot Act
2019
2
Quality Assessor
2019
2
Regulatory Compliance Testing
2019
2
EDD
2021
1
Risk Assessment
2021
1
Business analysis
0
1
COSO
2021
1
Customer Service
0
1
FINTRAC
0
1
Fraud Investigation
0
1
Microsoft Office
0
1
OFAC
0
1
Quality Management
0
1
RCSA
2021
1
Regulatory Compliance
0
1
SAR Reports
2021
1
Securities
2021
1
Terroris Financing
0
1