Calvin Chang Email & Phone Number

New York, New York, US

GB

London, GB

Chicago, Illinois, US

• Vetted adequacy of alerts for proper disposition in accordance with FinCEN and Bank guidelines.
• Performed Quality Assurance role for Suspicious Activity Reports regarding the investigation, documentation, and conclusion of investigators.
• Developed lines of communications with various stakeholders (e.g. analysts, investigations, quality control reviewers, core central operations, and management)
• Substantiated the completion of all SAR technical requirements and narratives
• Maintained documentation of investigator’s overall performance with respect to the Quality Control function.

Chicago, IL, US

• Drafted Suspicious Activity Reports on customer wire transfer transactions; primary focus on LORO accounts, and suspected foreign and domestic shell companies.
• Drafted comparative memoranda regarding Federal Financial Institutions Examination Council, 2nd and 3rd EU AML Directive, Patriot Act and FINCEN regulations.
• Conducted gap analysis on client’s past and present front office account opening procedures
• Drafted legal memoranda on the appurtenant strengths and weaknesses of client’s nested account vetting process.
• Updated front office AML desktop procedures for firm-wide global distribution.
• Vetted data quality for migration between Profitability Systems and Know Your Customer Database

New York, NY, US

• Drafted Suspicious Activity Reports (“SAR”) on customer wire transfer transactions; primary focus was on high net worth individuals, clients engaged in high risk businesses and entities with opaque ownership structures.
• Scrutinized wire transfers pertaining to suspected cases of structuring, layering, nesting, and shell company transactions for the Financial Intelligence Unit.
• Performed enhanced due diligence reviews on all high risk accounts including Personal Investment Companies, Family and Corporate Trusts, Pseudonym Accounts, Holding Companies and Special Purpose Vehicles.
• Opened new accounts for all business lines within the bank including Investment Management, Private Banking, Commercial Banking, and Treasury Services.
• Tested ASSIST surveillance software to ensure dataflow integrity.
• Performed World-Check and Lexis-Nexis reviews on all beneficial owners and directors.

New York, NY, US

• Established KYC documentation requirements for a number of Investment Bank products including Collateralized Debt Obligations, Interest Rate Derivatives, Prime Brokerage, Secondary Loan Trading, Asset and Mortgage.
• Reconciled and remediated KYC profiles for 50,000 clients across various lines of businesses within the bank
• Developed KYC data inflow procedures from other lines of businesses within the Investment Bank to establish current KYC process.
• Generated reports using data revenue systems to identify users of Investment Bank products for subsequent remediation
• Drafted KYC remediation procedures for use in other groups to ensure full compliance
• Reviewed prospectuses and offering memorandums to ensure compliance with the Investments Adviser Act of 1940.

Worldwide, OO

• Drafted Suspicious Activity Reports (“SAR”) on retail banking accounts pertaining to suspected cases of structuring, layering, nesting, shell company transactions and overseas wire transfers to high risk
• Analyzed transactional history of bank’s clients to determine whether activity warranted the issuance of a SAR.
• Made recommendations for account closure, no action, and elevated due diligence to senior bank management committee.
• Assisted analysts and reviewers in the use of Acquire, eVision and World-Check.

Paris, FR

• Remediated over 2,000 pre-existing clients in accordance with current anti-money laundering provisions of the United States’ Patriot Act and the Second European Union Second Anti-Money Laundering Directive; primary.
• Analyzed data contained within corporate by-laws, annual reports, and bankruptcy filings for entry into a global KYC database.
• Assessed clients’ Qualified Institutional Buyer letters to determine degree of coverage in accordance with SEC Rule 144A.
• Drafted and integrated new internal processes governing the inflow of local data into a global KYC database.
• Assigned risk status to clients based on industry type and domicile.
• Recommended clients for enhanced due diligence status for Compliance.

Worldwide, OO

• Remediated clients of UBS across all business and product line relationships for compliance with the implementation of the United States’ Patriot Act and related processes (CIP, AML, KYC, and BSA).
• Reviewed new and existing clients to ensure guidelines are enforced, evaluated risk, and remediate clients for compliance with the bank’s global minimum standards.
• Provided quality control for the inflow of KYC information into a global database.
• Assisted in the formulation of new internal processes for the inflow of data into a global database.
• Prepared status reports pertaining to the vetting process for presentation to the bank. Performed OFAC review of pre-existing and pending clients.
• Compiled metrics on the progress of the Remediation Project team.

Juris Doctorate, Law

Bachelor Of Arts, History, Business Foundations (Minor)

Education record