Ola Ade Email & Phone Number

Arizona, United States

Perform customer due diligence (CDD) and enhanced due diligence (EDD) reviews to assess the risk associated with new and existing clients and account takeovers.Monitor and review high-risk accounts and transactions, implementing appropriate risk mitigation measures.Provide quality control reviews on alert cases while providing feedback and coaching to compliance analysts. Follow up with compliance analysts to ensure required remediation is completed. Handle complex escalated cases while providing findings and process improvement recommendations to upper management. Collaborate with other departments, such as Risk Management and Operations, to address and resolve fraud-related issues. Analyze transactional data, system logs, and user behaviors to detect patterns and anomalies indicating potential fraud.Monitor and maintain fraud detection systems and tools, ensuring optimal performance and accuracy.Strong understanding of regulatory frameworks, compliance requirements, and risk management principles.Collaborate with internal teams to enhance PEP screening processes and ensure accuracy of data. Performing Due diligence and Know Your Customer (KYC) research for clients, as part of the business-wide Anti-Money Laundering Compliance remediation process.Organize all investigative material in accordance with established procedures; meet regularly with management and the requester to keep them informed of the status of the investigation.

Texas, United States

Investigated transactions to determine financial activities, conducted research/EDD/CDD on clients that satisfied precise monitoring system thresholds for potential money laundering activities in accordance with regulatory AML and compliance guidelines.Conduct thorough reviews of wire transfers and ACH payments to identify and investigate suspicious transactions for potential money laundering or sanctions violations.Stay updated on the latest AML regulations, OFAC sanctions programs, and industry trends to ensure effective compliance practices.Implemented risk based AML monitoring that aligns with the AML regulations Identify and analyze Anti-Money-Laundering (AML) alerts for high-risk business/personal retail and private accounts and manual alerts.Performed complex research considering various AML risk factors and indicators to determine if a Suspicious Activity Report (SAR) is required.Reviewed and evaluated alerts/cases consisting of inconsistent or potentially suspicious activity and makes SAR Disclosure/No Disclosure recommendation for manager's approval.Analyzes customer transactional activity(crypto trading, money movement)and behavioral patterns to identify potentially suspicious activities.Reviewed customer and account activity including transactions data and customer relationships to accurately identify red flags and suspicious activities that require reporting for money laundering activities to make SAR filing determination.Conducted QC/QA reviews of case investigations and SAR filings.Supported and assisted departments in fraud situations by gathering information and writing reports.Verified all aspects of the Client Identification program (CIP) and necessary documents comply with KYC, USA Patriot Act, and Bank Secrecy Act standardsSend RFIs directly to customers as needed.

Ohio, United States

Participate in training sessions to educate employees on AML and fraud prevention.Provided support to onboarding processes with all data in line with BSA/AML PolicyClient Screening and reviewing of Sanctions.Understood the ACH process and give suggestions on how to make it better.Performed Audits on Onboarded clients to Improve and maintain team accuracyCollate and review client documentation, ensure that information provided is in good order and perform KYC due diligence screening on assigned clientsThe Bank meets statutory obligations for monitoring client transactions for any potential suspicion and where necessary, reporting suspicious activity through the Country MLROs/Regional Financial crime I&S head in Asia.Works closely with Fin Crime Tech stakeholders, Transaction Monitoring Business, E2E Solution Designers, Architects & other component teams; keeping stakeholders informed on progress against milestones, risks, issues & dependencies.Assist efforts to improve internal processes and procedures.Assist and facilitate research and investigation of potential cases of AML interest/escalations.Ensure client documentation is properly filed and documented according to retention policiesStay abreast of regulatory changes and industry best practices to continuously improve PEP analysis procedures.Conducted research to determine the source of wealth and the source of funds for each entity.Provided summaries that gave an overall explanation of the organization, which included: the ownership structure, percentages of ownership, parent companies, risk ratings, and where the company was domiciled.Ensured the bank performs the financial transactions and maintains the required documents and records in the manner as required by the law.Analyzed extensive accounting statements to detect any patterns or trends that present illegal activities or frauds.Prepared weekly/monthly reports on forensic investigation of departmental and organizational accounts.

United States

Worked on various EDD/ CDD files through carrying out due diligence investigations by gathering required documents, screenings, and risk review.Performed screening of PEPs officers of various customers and negative news mitigation.Proficient in investigations for multiple products, multiple fraud scenarios, across multiple line of business.Conducted forensic investigative analysis.Managed the forensic investigative analysis from alert to case filing the Suspicious Activity Reports Experienced in the Fraud Continuing Activity Report review.Conducted thorough screening of wire transfers and ACH payments against OFAC and other sanction lists to identify potential violations and ensure compliance.Utilize AML software and screening tools to analyze transactional data and monitor customer activity, ensuring compliance with regulatory requirements and internal policies.