Saheed Oladeinde

• Developed and implemented AML/KYC policies and procedures in accordance with regulatory requirements.
• Conducted risk assessments and enhanced due diligence on high-risk clients, ensuring compliance with AML regulations.
• Led a team responsible for customer onboarding, verification, and ongoing monitoring processes.
• Collaborated with legal and compliance teams to address regulatory issues and implement remedial actions.
• Conducted training sessions for staff to increase awareness of AML/KYC compliance measures.
• Prepared and submitted regulatory reports to relevant authorities as required.
• Managing and coaching a group of professionals providing advisory support to business partners.
• Sharing knowledge, information, skills and subject matter expertise among the team and ensure the timely communication of issues and encourage good working relationships with other functions and teams.
• Leading or contributing to cross functional / enterprise initiatives as a subject matter expert helping to identify risk / provide guidance.
• Oversee the team's production and results, seeking opportunities for improved efficiency and streamlined processes and conduct quality control review as necessary.
• Provide applicable reporting to senior leadership and clients.
• Assist Deputy Head of Compliance in building and executing an effective bank-wide AML program, including sanction list scanning, KYC due diligence, transaction monitoring, suspicious transaction reporting, compliance testing, etc.
• AML Policy and Procedure Management. Developing, updating, and maintaining comprehensive AML policies, procedures, and controls to align with changing regulations and industry best practices, which coving all areas of the bank’s operations, including customer due diligence, transaction monitoring, suspicious activity reporting, and sanctions screening.
• Ensuring that the bank complies with all applicable AML laws, regulations, and guidelines issues by regulatory authorities. They must stay up-to-date with changes in AML regulations to ensure the bank’s policies and procedures remain current and compliant.
• Conducting regular risk assessments to identify and assess AML risk within the bank’s operations and customer’s base. Implement risk-based controls to mitigate these risks effectively.
• Designing and delivering AML training programs for bank employees to ensure they understand their roles and responsibilities in detecting and preventing money laundering and terrorist financing activities.
• Evaluating and implementing AML technology solutions to enhance the bank’s ability to monitor, detect, and report transactions.
• Ensuring that appropriate records and documentation related to AML activities are maintained as required by regulatory authorities.
• Preparing and submitting AML-related reports to regulatory authorizes, senior management, and the board of directors, and parent bank as required.
• Implementing effective sanctions screening procedures to ensure the bank does not engage in transactions with individuals, entities, or countries subject to all sanctions.
• Performing quality assurance of the overall compliance programs.

• Conducted thorough investigations on suspicious activities and potential money laundering cases.
• Performed enhanced due diligence on high-risk clients and monitored transactional behavior for irregularities.
• Assisted in the development and enhancement of AML/KYC procedures and controls.
• Contributed to the creation of risk-based customer profiles and maintained updated records.
• Enhanced AML/KYC compliance by conducting thorough customer due diligence and risk assessments.
• Streamlined onboarding processes for new clients, reducing turnaround time and improving client satisfaction.
• Identified potential suspicious activity by performing transaction monitoring and escalating cases for further investigation.
• Collaborated with cross-functional teams to develop and implement AML/KYC policies and procedures, ensuring regulatory compliance.

• Assessed SWIFT incoming and outgoing messages for potential suspicious activity

• Liaise and coordinate compliance efforts and activity with other bank departments

• Responded to money laundering related queries/questionnaires from corresponding banks within 48 hours of receipt and Liaised with law enforcement agencies as the need arises

• Assisted in training and development of new employees on Economic Sanctions Compliance

• Maintained group cooperation and support with team members by identifying challenges and obstacles related to the team’s objective and communicated accordingly with the management

• Maintained an awareness of legislative and regulatory initiatives, emerging trends and industry best practices on AML issues

• Researched clients’ records, customers activities and account information to determine whether unusual activity may indicate reasonable grounds to suspect money laundering or terrorist financing activities

• Ensured strict compliance with the KYC requirements, AML Acts and OFAC requirements and achieved zero percent sanctions ratings at the completion of inspection from regulatory bodies

• Identified problems and developed solutions for all areas in connection with anti-money laundering and compliance issues

• Logged marked STR’s on the FIU portal

• Monitored the media closely for negative reports on present and prospective customers and reviewed cases of suspicious transactions of politically exposed people and high-risk customers