Risk Analyst
Ernest L. Sutton III, CAMS
Business Analyst/aml
Profile
Solution driven business analyst with experience leading cross-functional teams in the development, documentation and delivery of process innovations driving the fulfillment of business goals. Possess the keen ability to develop, coordinate, and maintain business requirements for various projects and systems from initial phase to final implementation. Capable of deploying business vision and translating to technology impacts/solutions along with designing solutions for new features and system improvements. Deft at accomplishing business objectives, preparing scope, and developing and amending comprehensive business analysis plans. Detailed-oriented specialist with an ability to formulate requirements/deliverables, use cases/agile methodology, and develop user stories/wire frames along with conducting requirement reviews, validation, testing, and process flow diagrams evaluation. Seasoned and growth focused individual who has capitalizes on broad exposure to regulatory law, business continuity, operations, project management, data mining and anti-money laundering to effectively assess risk, test, validate and implement policies, systems, and controls that not only mitigate risk exposure but also reduce audit load and ensure full regulatory compliance. Subject matter expert for AML/BSA/KYC/ OFAC Sanctions industry.
Areas of Expertise
Compliance Management/Mitigation
Risk Assessment
Anti-Money Laundering (AML)
Business Analysis
Financial Analysis
Compliance Research
Forensic Accounting
Audit Preparation & Support
Investigations & Research
Business Requirement Documents (BRD)
Requirements Gathering & Analysis
User Acceptance Testing (UAT)
Regulatory Law
Policy/Process Development
Project Management
Leadership/Training
Data Mining/Analytics Modeling (Performance)
Problem Resolution
Counter Terrorism Financing
SAR Writing & FCC Sanctions
Professional Experience
JPMORGAN CHASE (EXPERIS), Newark, DE
Financial Crimes SAR Writer (Consultant) 2018 – Present
Devise action plans to facilitate investigations caseload, participate in thorough analysis, and superintend assigned cases in accordance with AML procedures and policies. Utilize sound judgment and knowledge of financial investigative techniques, track transactions of clients’ accounts, and detect/prevent fraudulent money laundering. Draft and record investigation findings and case files using media search results, copies of statements/checks, and results from internal system searches that helped streamlining investigation process. Deliver proactive assistance and support in identifying and resolving unusual transaction patterns by reviewing and evaluating financial statements and documents.
Research and record supporting documentation for auditing purposes along with maintaining tools such as Lexis Nexis, Google, and Internal KYC tools.
Control financial crimes and drive significant results by collaborating closely with FIU units, advisory/business compliance teams, CSIS, FIU legal, GIU, and law enforcement.
DELOITTE (SSI), Philadelphia, PA
Financial Crimes OFAC Sanction Officer (Consultant) 2018
Inspected alerts according to alert types such as country, individual/entity, and potential matches flagged for potential matches outside of sanctioned period dates. Nurtured productive business relationships with clients along with offering recommendations for improvements.
Performed professional responsibilities such as providing alert and case disposition, determining true matches and not a match, and supporting reasoning of disposition.
WELLS FARGO (RANSTAD), Philadelphia, PA
Financial Crimes OFAC Sanction Officer 2016 – 2017
Interpreted information using AML testing program for OFAC sanctions list aimed at correcting and resolving false positives for global watch list. Provided potential guideline in annual OFAC risk assessment procedure along with gathering negative news, highlighting politically exposed persons (“PEP”), and preparing written analysis. Coded customer risk levels ranging from low to high priority as well as created a clear audit log for auditors and other regulatory agencies.
Launched a risk-based compliance program and ensured compliance of financial processes in accordance with regulatory requirements and firm procedures.
Pursued leads, complaints, and referrals to determine occurrence of criminal activities along with coordinating OWS wire filter case management system Level 3 false positive matches.
HSBC (APPLEONE), New Castle, DE
Financial Crimes OFAC Sanction Officer (Consultant) 2015 – 2016
Implemented best practices and prevented the organization from HSBC US AML Grey list and Global reject Watch-list. Produced full scope written summary of case results with recommendations about removal and confirmation of filter subjects and original AML concerns for the bank. Exceeded department expectations with the percentage of positive results in investigations and number of files completed per month.
Planned and organized efficient workflow, created new procedures for team members, and enhanced productivity by 40% on a special project for upper management.
BANK OF AMERICA (ADECCO), Newark, DE
Fraud Analyst II (Consultant) 2015
Delivered exceptional customer service and modified instructional strategies for provision of issue resolution. Administered fraud detection and investigating fraudulent claims along with performing analysis that minimized risk and exposure for the bank.
Deployed a strategic vision across the department and developed expert-level knowledge of regulatory law to prevent fraudsters from Account takeover and identity theft of bank customers in the credit card department.
CITIBANK (MINDLANCE), New Castle, DE
Senior Compliance Analyst-SAR Writer (Consultant) 2014 – 2015
Employed available interactive technology and tracked transactions of clients’ accounts aimed at investigating suspicious and money laundering activities. Documented and reported the investigation findings and prepared case files for review using media search results, copies of statements/checks, and results from internal system searches.
Collected and examined financial statements and documents to assist in identifying unusual transaction patterns.
HSBC (ROBERT HALF INT’L), Wilmington, DE
AML Compliance Analyst (Consultant) 2013 – 2014
Leveraged technology to enhance investigation posture for domestic and international customers and clients of high risk jurisdictions. Developed action plans with an ambition to identify suspicious and unusual activities within the AML laws and Acts that prevent career criminals, drug traffickers, money launders, and terrorist in association with law enforcement and federal agencies.
Utilized strategic roadmaps to prioritize, align, and integrate monthly reporting metrics for upper management using Advanced excel formulas such as Vlookups.
ROYAL BANK OF CANADA (AERO-TEK STAFFING), Wilmington, DE
Financial Analyst (Consultant) 2012
Led and managed analysis of monthly custodian statements along with providing accurate reconciliation. Executed numerous accounting functions, such as reconciliation, pricing, adding securities, corporate actions, foreign taxes, and fees, monthly, quarterly, and annual closings.
Designed and implemented process improvements along with overseeing custodian portfolio that increased 28% of company statement holdings and generated 4 million departmental revenue.
IMPACT CHARITY SERVICING INC (NON-PROFIT), Philadelphia, PA
Director of Finance 2009 – 2011
Participated in various professional responsibilities such as providing financial services for high net worth individuals as well as professional athletes. Rendered different services including organizing foundations and other tax shelters that delivered relief and positive impact for immediate communities.
Handpicked to control and authorize various accounting functions, such as custom reporting, bookkeeping, and financial statements management as per client request.
Prior Work Experience:
Financial Crimes Senior AML Officer (Consultant) | Proviti (Robert Half), Philadelphia, PA
Tax Accountant/Compliance Consultant | M&T Bank (Kelly Service Staffing Agency), Wilmington, DE
Tax Preparer (PTIN) | Jackson Hewitt Tax Services (Seasonal), Wilmington, DE
Financial Analyst/Control Specialist | PNC Financial Services Group, Inc., Wilmington, DE
Financial Analyst – Consultant | HSBC, New Castle, Delaware
Financial Analyst – Consultant | State Street, Malvern, PA
Fixed Income Securities Accountant | JP Morgan Income Securities, Inc., Newark, Delaware
Education
Bachelors of Science in Finance, DREXEL UNIVERSITY, Philadelphia, PA
Big Data Analytics Certificate, UNIVERSITY OF DELAWARE, Newark, DE
Business Analyst Essentials Master Class Certificate (2019) | The Professional Accounting, Bookkeeping, and QuickBooks Program March | Certified QuickBooks Specialist | Basic Income Tax Course Pass (PTIN) issued from IRS
Computer Skills
SQL, SAS, SAS JMP PRO 14', Actimize, Lexis Nexis, OWS, Norkom, Wolf Database, RDC, World-Check, CIF, ECRM, LoanServ, NGT, Mantas, Scion,Global Plus, QuickBooks Premier, SAP, RECON PLUS, IMPACT, Crystal Reporting, Bloomberg, Partnership, IAS Extra Enterprise, SunGuard-Investier, Account Ability Tax Software, SEI, CertMaster, Advanced Excel
Ernest L. Sutton III, CAMS
Business Analyst/aml
Profile
Solution driven business analyst with experience leading cross-functional teams in the development, documentation and delivery of process innovations driving the fulfillment of business goals. Possess the keen ability to develop, coordinate, and maintain business requirements for various projects and systems from initial phase to final implementation. Capable of deploying business vision and translating to technology impacts/solutions along with designing solutions for new features and system improvements. Deft at accomplishing business objectives, preparing scope, and developing and amending comprehensive business analysis plans. Detailed-oriented specialist with an ability to formulate requirements/deliverables, use cases/agile methodology, and develop user stories/wire frames along with conducting requirement reviews, validation, testing, and process flow diagrams evaluation. Seasoned and growth focused individual who has capitalizes on broad exposure to regulatory law, business continuity, operations, project management, data mining and anti-money laundering to effectively assess risk, test, validate and implement policies, systems, and controls that not only mitigate risk exposure but also reduce audit load and ensure full regulatory compliance. Subject matter expert for AML/BSA/KYC/ OFAC Sanctions industry.
Areas of Expertise
Compliance Management/Mitigation
Risk Assessment
Anti-Money Laundering (AML)
Business Analysis
Financial Analysis
Compliance Research
Forensic Accounting
Audit Preparation & Support
Investigations & Research
Business Requirement Documents (BRD)
Requirements Gathering & Analysis
User Acceptance Testing (UAT)
Regulatory Law
Policy/Process Development
Project Management
Leadership/Training
Data Mining/Analytics Modeling (Performance)
Problem Resolution
Counter Terrorism Financing
SAR Writing & FCC Sanctions
Professional Experience
JPMORGAN CHASE (EXPERIS), Newark, DE
Financial Crimes SAR Writer (Consultant) 2018 – Present
Devise action plans to facilitate investigations caseload, participate in thorough analysis, and superintend assigned cases in accordance with AML procedures and policies. Utilize sound judgment and knowledge of financial investigative techniques, track transactions of clients’ accounts, and detect/prevent fraudulent money laundering. Draft and record investigation findings and case files using media search results, copies of statements/checks, and results from internal system searches that helped streamlining investigation process. Deliver proactive assistance and support in identifying and resolving unusual transaction patterns by reviewing and evaluating financial statements and documents.
Research and record supporting documentation for auditing purposes along with maintaining tools such as Lexis Nexis, Google, and Internal KYC tools.
Control financial crimes and drive significant results by collaborating closely with FIU units, advisory/business compliance teams, CSIS, FIU legal, GIU, and law enforcement.
DELOITTE (SSI), Philadelphia, PA
Financial Crimes OFAC Sanction Officer (Consultant) 2018
Inspected alerts according to alert types such as country, individual/entity, and potential matches flagged for potential matches outside of sanctioned period dates. Nurtured productive business relationships with clients along with offering recommendations for improvements.
Performed professional responsibilities such as providing alert and case disposition, determining true matches and not a match, and supporting reasoning of disposition.
WELLS FARGO (RANSTAD), Philadelphia, PA
Financial Crimes OFAC Sanction Officer 2016 – 2017
Interpreted information using AML testing program for OFAC sanctions list aimed at correcting and resolving false positives for global watch list. Provided potential guideline in annual OFAC risk assessment procedure along with gathering negative news, highlighting politically exposed persons (“PEP”), and preparing written analysis. Coded customer risk levels ranging from low to high priority as well as created a clear audit log for auditors and other regulatory agencies.
Launched a risk-based compliance program and ensured compliance of financial processes in accordance with regulatory requirements and firm procedures.
Pursued leads, complaints, and referrals to determine occurrence of criminal activities along with coordinating OWS wire filter case management system Level 3 false positive matches.
HSBC (APPLEONE), New Castle, DE
Financial Crimes OFAC Sanction Officer (Consultant) 2015 – 2016
Implemented best practices and prevented the organization from HSBC US AML Grey list and Global reject Watch-list. Produced full scope written summary of case results with recommendations about removal and confirmation of filter subjects and original AML concerns for the bank. Exceeded department expectations with the percentage of positive results in investigations and number of files completed per month.
Planned and organized efficient workflow, created new procedures for team members, and enhanced productivity by 40% on a special project for upper management.
BANK OF AMERICA (ADECCO), Newark, DE
Fraud Analyst II (Consultant) 2015
Delivered exceptional customer service and modified instructional strategies for provision of issue resolution. Administered fraud detection and investigating fraudulent claims along with performing analysis that minimized risk and exposure for the bank.
Deployed a strategic vision across the department and developed expert-level knowledge of regulatory law to prevent fraudsters from Account takeover and identity theft of bank customers in the credit card department.
CITIBANK (MINDLANCE), New Castle, DE
Senior Compliance Analyst-SAR Writer (Consultant) 2014 – 2015
Employed available interactive technology and tracked transactions of clients’ accounts aimed at investigating suspicious and money laundering activities. Documented and reported the investigation findings and prepared case files for review using media search results, copies of statements/checks, and results from internal system searches.
Collected and examined financial statements and documents to assist in identifying unusual transaction patterns.
HSBC (ROBERT HALF INT’L), Wilmington, DE
AML Compliance Analyst (Consultant) 2013 – 2014
Leveraged technology to enhance investigation posture for domestic and international customers and clients of high risk jurisdictions. Developed action plans with an ambition to identify suspicious and unusual activities within the AML laws and Acts that prevent career criminals, drug traffickers, money launders, and terrorist in association with law enforcement and federal agencies.
Utilized strategic roadmaps to prioritize, align, and integrate monthly reporting metrics for upper management using Advanced excel formulas such as Vlookups.
ROYAL BANK OF CANADA (AERO-TEK STAFFING), Wilmington, DE
Financial Analyst (Consultant) 2012
Led and managed analysis of monthly custodian statements along with providing accurate reconciliation. Executed numerous accounting functions, such as reconciliation, pricing, adding securities, corporate actions, foreign taxes, and fees, monthly, quarterly, and annual closings.
Designed and implemented process improvements along with overseeing custodian portfolio that increased 28% of company statement holdings and generated 4 million departmental revenue.
IMPACT CHARITY SERVICING INC (NON-PROFIT), Philadelphia, PA
Director of Finance 2009 – 2011
Participated in various professional responsibilities such as providing financial services for high net worth individuals as well as professional athletes. Rendered different services including organizing foundations and other tax shelters that delivered relief and positive impact for immediate communities.
Handpicked to control and authorize various accounting functions, such as custom reporting, bookkeeping, and financial statements management as per client request.
Prior Work Experience:
Financial Crimes Senior AML Officer (Consultant) | Proviti (Robert Half), Philadelphia, PA
Tax Accountant/Compliance Consultant | M&T Bank (Kelly Service Staffing Agency), Wilmington, DE
Tax Preparer (PTIN) | Jackson Hewitt Tax Services (Seasonal), Wilmington, DE
Financial Analyst/Control Specialist | PNC Financial Services Group, Inc., Wilmington, DE
Financial Analyst – Consultant | HSBC, New Castle, Delaware
Financial Analyst – Consultant | State Street, Malvern, PA
Fixed Income Securities Accountant | JP Morgan Income Securities, Inc., Newark, Delaware
Education
Bachelors of Science in Finance, DREXEL UNIVERSITY, Philadelphia, PA
Big Data Analytics Certificate, UNIVERSITY OF DELAWARE, Newark, DE
Business Analyst Essentials Master Class Certificate (2019) | The Professional Accounting, Bookkeeping, and QuickBooks Program March | Certified QuickBooks Specialist | Basic Income Tax Course Pass (PTIN) issued from IRS
Computer Skills
SQL, SAS, SAS JMP PRO 14', Actimize, Lexis Nexis, OWS, Norkom, Wolf Database, RDC, World-Check, CIF, ECRM, LoanServ, NGT, Mantas, Scion,Global Plus, QuickBooks Premier, SAP, RECON PLUS, IMPACT, Crystal Reporting, Bloomberg, Partnership, IAS Extra Enterprise, SunGuard-Investier, Account Ability Tax Software, SEI, CertMaster, Advanced Excel