MAYOWA OLUTAYO
Halifax,Canada
Summary
Detail-oriented professional with experience in Compliance/AML,KYC Analyst and branch operations. Strong analytical aptitude of customer due diligence process and methodology to identify patterns and trends to communicate risks to management. Familiar with tracking, documentation, reporting and regulatory requirements. Successful managing multiple competing priorities and deadlines.
Overview
8
8
years of professional experience
Work History
Senior AML/KYC Analyst
Butterfield Group
11.2023 - Current
- Facilitates communication with onboarding team to gather information and onboarding documentation to onboard clients.
- Manage signatory updates and amendments to customer accounts, ensuring accuracy and compliance with internal policies.
- Manage client communications, delivering high-quality responses to inquiries from investors, clients, and internal departments regarding daily operations and service issues.
- Liaise with fund managers to facilitate the opening and setup of money market investments, ensuring smooth and efficient transactions.
- Completes daily deliverables with quality and ensuring adherence to the company, department and regulatory policy within the SLA period
- Analyzes and investigates clients to conduct detailed customer due diligence and enhanced due diligence review.
- Performs allocated daily tasks, deliverables and processes with accuracy and quality
- Performs periodic and trigger reviews and responds to queries from clients and relationship managers to comply with rules, regulations and KYC requirements
- Supports the resolution of complex investor registration and dealing inquiries, ensuring compliance with all internal policies and regulatory standards.
- Monitors all the mail boxes and ensures that cases are moved to the appropriate analyst
- Educates staff on anti-money laundering and financial crimes to escalate concerns to senior members of PSR team.
- Assist in the development and implementation of risk mitigation strategies to ensure smooth daily operations and the prevention of operational disruptions
- Reviews new prospect KYC documents to meet requirements and determine business model risk
- Prepares high-risk reviews with results and recommendations for customer onboarding, closure and retention
- Conducts KYC formality reports on questionable accounts and transactions
- Provides support in terms of training of new team members
- Participates in regular team check-in, meetings/call and sharing ideas with the team to be efficient.
- Work closely with management to support departmental initiatives and improve internal workflows, increasing efficiency and reducing risk.
- Uses Transactional and customer records, external data and publicly available information to identify suspicious and unusual transactions
AML/KYC Analyst
Butterfield Group
11.2022 - 10.2023
- Determined customer risk ratings based on analysis and research findings
- Completed daily deliverables with quality and ensuring adherence to the company, department and regulatory policy within the SLA period
- Analyzed and investigated clients to conduct detailed customer due diligence and enhanced due diligence review
- Performed allocated daily tasks, deliverables and processes with accuracy and quality
- Performed periodic reviews and responds to queries from clients and relationship managers to comply with rules, regulations and KYC requirements
- Reviewed new prospect KYC documents to meet requirements and determine business model risk
- Prepared high-risk reviews with results and recommendations for customer onboarding, closure and retention
- Conducted KYC formality reports on questionable accounts and transactions
- Used Transactional and customer records, external data and publicly available information to identify suspicious and unusual transactions
Manager, Branch Operations
Access Bank Plc
02.2018 - 08.2022
- Partnered with fraud manager to research and investigate cases
- Recommended new software tools and enhancements to improve fraud detection, prevention and reporting efforts
- Interacted with law enforcement agencies, regulators and financial institutions to coordinate investigations related to fraudulent activities
- Identified threats, vulnerabilities and suspicious behavior patterns to recommend mitigation measures
- Documented research findings to support risk-based decision-making and resolution to escalate fraud incidents
- Maintained fraud analysis models to improve company systems
- Communicated with compliance manager to thwart potential money laundering or terrorist financing
- Trained and supervised junior financial examiners, explaining procedures and protocols
- Monitored financial transactions and immediately reported suspicious activity to authorities
- Reviewed financial documents, pointing out and correcting financial errors
- Gathered data and prepared financial reports for management review
- Completed quarterly assessments of financial and performance records and reports to promote operational improvements
- Performed yearly reviews of bank policies and procedures to evaluate compliance with regulatory requirements and standards
- Performed periodic reviews and reports and merchants to comply with rules and regulations and KYC requirements
- Reported violators of financial regulations to appropriate parties for disciplinary action
- Identified and implemented effective methods for examining and analyzing financial documents
- Developed and delivered compliance training to team members and bank staff
- Authored thorough reports detailing results of investigations and recommendations to improve compliance and maintain solvency
Compliance Officer
Wema Bank Plc
08.2016 - 03.2017
- Managed practical action plans to respond to audit discoveries and compliance violations
- Implemented improvement initiatives and developed compliance testing program to monitor and identify gaps in new and existing practices
- Collaborated with internal and external stakeholders, auditors and legal counsel to confirm compliance with applicable laws and regulations
- Monitored and assessed compliance risks associated with operational processes and procedures
- Collaborated with sales and marketing departments and other business units to address indications of improper sales practices and market conduct violations
- Prepared and submitted regulatory filings in timely manner
- Developed and implemented corrective action plans for non-compliance issues
- Maintained up-to-date knowledge of applicable laws and regulations
- Assisted with development of compliance objectives and strategies
- Kept informed regarding pending industry changes, trends or best practices
- Created and maintained compliant work environment
- Maintained composure in stressful situations, confrontations, interviews and records searches
- Investigated locations to confirm license data, conducted background checks and assessed premises for compliance with licensing requirements
- Identified gaps in existing compliance processes and recommended updates
- Conducted periodic compliance audits and reviews to identify areas of improvement
- Investigated and documented all violations of compliance regulations to determine necessary improvements
- Identified, investigated and documented compliance violations and recommended corrective measures
Education
Data Analytics
St. Francis Xavier University
Antigonish06-2024
No Degree - Anti-Fraud Bank-wide Training
Access Bank Plc
01.2019
Bachelor of Science - Business Administration
University of Lagos
04.2014
Skills
- Effective Communication
- Time Management
- Adaptability
- Active Listening
- Critical Thinking
- Problem-solving
- Analytical skills
- Facilitation skills
- Negotiation
- Interpersonal skills
Soft Skills
- Risk assessment tools
- MS office suite
- FlexCube
- AML compliance
- Client onboarding
- Due diligence
- Know your customer
- Investment support
- Risk management
Technical Skills
Timeline
Senior AML/KYC Analyst
Butterfield Group
11.2023 - Current
AML/KYC Analyst
Butterfield Group
11.2022 - 10.2023
Manager, Branch Operations
Access Bank Plc
02.2018 - 08.2022
Compliance Officer
Wema Bank Plc
08.2016 - 03.2017
Data Analytics
St. Francis Xavier University
No Degree - Anti-Fraud Bank-wide Training
Access Bank Plc
Bachelor of Science - Business Administration
University of Lagos
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