Douglas E. Cano Email & Phone Number

New Jersey, United States

United States

• Performed all OFAC Global Sanctions and adverse-media screenings for new and existing clients and determined appropriate compliance action based on information available.• Performed all due diligence processes for new clients by researching/ gathering client information utilizing online sources such as Customer Website, Regulator Website, Google Searches, Google Maps, and Lexis Nexis.• Ensured client vetting data and document processing complied with applicable AML/BSA regulations.• Conducted quarterly QA reviews of new and existing accounts for low, medium, and high-risk client bases ensuring that all documentation met all the requirements outlined in the KYC (Know Your Customer) policies and procedures.• Partnered with numerous internal teams in the development of new proprietary systems providing support in reviewing, testing, modifying the firm’s policies and procedures as needed.• Assisted in the annual review and provided SME to update the bank’s policies and procedures, manuals and other important customer documentation as required.• Assisted in the preparation and execution of corrective action plans in response to examination findings by regulators and auditors.• Assisted in the development and implementation of risk policies and procedures, conducting risk assessments and audits, ensuring compliance to regulatory and internal standards.• Experience working in regulatory and compliance projects.

United States

• Partnered with RM’s to onboard the firms domestic and international clients including the preparation and development of the client report that required final approval of all documentation of the KYC records and supporting appendices by the second level review team.• Analyzed and validated the firm’s KYC - Customer Identification Program (“CIP”) to ensure full and proper completion.• Identified key risks in the current client lifecycle management process and recommended strategies to future state design to mitigate AML risks while operationalizing efficiency levers and reduce account opening lead times.• Carried out initial analysis of new account Enhance Due Diligence (“EDD”) packages.• Maintained subject matter expertise (“SME”) of applicable AML rules and regulations to support Front Office by providing guidance on KYC compliance requirements.• Ensured client vetting data and document processing complied with regulations, guidelines, standards, and policies for all new accounts.• Obtained and reviewed required EDD documentation in accordance with Combined U.S. Operations (“CUSO”) policies and procedures.• Carried out Periodic KYC Reviews, executed account maintenance updates and processed client lifecycle related reports.

United States

• Reviewed and assessed potential OFAC sanctions hits using internal procedures and industry standard best practices for disposition of false positive alerts and escalation of true matches to management.• Performed data analysis and visualization on assigned tasks and on an ad-hoc and/or biweekly basis utilizing Tableau software to be used by senior management. • Compiled and prepared client data to be reviewed and investigated for potential occurrences of suspicious activity via the firm’s transactions monitoring system, suspicious activity referrals received internally and external (from a bank partner), customers, regulatory inquiries/subpoenas received do to 314 (a) or (b) inquiries.• Demonstrated a clear understanding of risks and AML typologies that were presented to the bank in its offerings of products and services, including retails customers, MSBs/TPPs, MPL, and Crypto currency platforms.• Determined the appropriate course of action for adjudication, including but not limited to, closing the alert, creating a case for further investigation, flagging the customer for EDD Review, and/or filling a Suspicious Activity Report (SAR) with FinCEN• Carried out due diligence and adverse media research on new and existing clients and prepared comprehensive dispositions, summaries, escalations as applicable.• Supported my team in the implementation of any new compliance requirements by assisting in researching and drafting of all new policies and procedures.• Served on high-risk remediation project and performed all necessary AML/KYC/EDD tasks ensuring all existing accounts were within newly implemented departmental compliance policies and procedures.

United States

• Branch lead for conducting KYC, onboarding, DD/EDD, FinCEn review, OFAC Sanctions screening, negative news screening and analysis for new and existing clients to mitigate risk in high-risk jurisdiction zones (LATAM).• Participate in UAT/ testing our Fircosoft system updates or filter enhancements as it relates to sanctions screening.• Carried out research in both English and Spanish through both our in-house databases and online research to assess a client’s profile for potential money-laundering, corruption, and financial crimes.• Reviewed documentation and forms received from RMs and/or clients for completeness, accuracy, up-to-date, fact check, negative news, fraud, and PEP classification/verification all in accordance with the firm’s internal AML procedures.• Carried out all screenings of new clients and their counterparties based on their risk-rating on various databases (WorldCheck, D&B, FircoSoft, OFAC Sanction Screenings website, Google research, Bankers Almanac).

New York City Metropolitan Area

· Carried out all aspects of compliance review including gathering data, sampling, research, recording evidence from internal systems and external sources, and disposition of alerts for the bank’s senior management. · Carried out extensive OFAC sanctions screening of real time alerts/hits for potential sanctions violations.· Investigated non-obvious false positives, true positive hits and provided information to senior management for further review.· Assisted in reconciliation and remedial efforts related to daily screenings of real time non-sanction alerts.

New York City Metropolitan Area

· Team lead for the screening of OFAC and global sanctions alerts related to the branches Swift messages, wire transfers, check payments, L/C reimbursements and client information derived from domestic and Latin American clients.· Performed testing of new OFAC/SDN updates in the firm’s proprietary AML system to ensure timely upload of watch lists and to confirm that the filter’s fuzzy logic was able to identify altered/concocted name/string variations. · Performed Client Reviews/Refreshes on newly opened and existing accounts to assess/determined/update the assigned AML risk rating, identifying changes in the corporate structure and ownership, ensured KYC documentation was up to date, review the clients’ transaction activity (to verify that it is within the expected threshold) and ensure that no enforcement actions or severe adverse news had occurred.· Completion and ongoing maintenance of KYC profiles for new and existing customers across multiple business lines, ensuring AML Regulations alongside policies and procedures were maintained and adhered to.

Weehawken, New Jersey, United States

· Performed KYC (Know Your Customer) remediation on High-Risk clients as part of the annual risk-based approach review process for both UBS Financial Services Group and the Private Bank.· Ensured that all new clients had been thoroughly screened/vetted prior to onboarding as required under Section 326 of the USA Patriot Act.· Served on the Politically Exposed Persons (PEPs) Review project for The Financial Crime Compliance - Sensitive Client Onboarding group to verify the PEP's current political status, any negative news, (re)verification of source of funds, review account balances, search for any outstanding CMTS or Lexidia matters and Panama paper/Offshore Leaks.· Performed end to end testing for ACH processing for both ODFI and RDFI, going through OFAC (Fircosoft Continuity Suit - acting as Operational Reviewer 1, Operational Reviewer 2 and Compliance Approver). · Carried out BAU Enhanced Due Diligence such as background research on entities and/or individuals in accordance with firm CIP policies/procedures and the USA Patriot Act for local and global clients associated with high-risk industries and/or countries.· Carried out online searches in both English and Spanish via Google using open sourced and in-house databases to assess any potential money-laundering threats, financial crimes, and status of political association of the firms politically exposed persons ‘PEP’ clients.· Analyzed daily alerts and monitor emails to identify risks, trends, and potential suspicious activity related to money laundering, terrorist financing, and other criminal activities.· Provided compliance guidance, identified areas of improvement, and worked to improve best practices with the inclusion of other team members.

Finance, Finance And Financial Management Services

Data Science, A

Finance And Financial Management Services