JOSEPH AKHIGBE
London,UK
Summary
Seasoned KYC/AML Analyst with over 10 years of experience in corporate and institutional onboarding, KYC remediation, and AML compliance. Expertise includes SAR/STR reporting, KYC refresh, watchlist screening, and RBA implementation. Strong regulatory knowledge of FCA, OFAC, and FATF, contributing to reduced false positives and improved alert disposition.
Overview
12
12
years of professional experience
Work History
KYC/AML Analyst
HOULIHAN LOKEY VIA ROBERT HALF
12.2023 - Current
- Processed 500+ KYC reviews within 6 months using Moody's KYC case management system, independently managing case queue and improving turnaround times 50% while consistently meeting SLAs and accelerating approvals by 70%.
- Reduced high-risk case escalations 25% by strengthening source-of-wealth validation and identifying documentation gaps across 20-25 monthly EDD reviews in collaboration with Legal and Risk teams.
- Conducted 50+ monthly sanctions, PEP, and adverse media screenings using World-Check, LexisNexis, and internal systems, escalating suspicious activities and ensuring accurate risk classifications.
- Refined documentation requirements and escalation procedures with Legal and Risk teams, minimizing stakeholder queries and enhancing review efficiency.
- Updated risk rating model by analysing procedural gaps and recommending improvements, simplifying documentation checklist and enhancing reporting accuracy.
KYC/AML Analyst
DEUTSCHE BANK VIA DELTA CAPITA
04.2022 - 11.2023
- Executed onboarding of 150+ mixed-risk clients over 18 months, managing complex ownership structures and cross-border entities while ensuring adherence to internal KYC policies.
- Enhanced first-time-right KYC submission rate by 30% through analysis of case data to identify bottlenecks and standardization of source-of-wealth documentation guidance in line with internal policy and market practice.
- Analyzed suspicious transactions and flagged potential money laundering cases.
- Reviewed customer due diligence documentation for compliance and accuracy.
- Collaborated with law enforcement on investigations related to financial crimes.
KYC Analyst (AML Remediation Program)
HANDELSBANKEN VIA ALLEGIS GROUP
10.2020 - 12.2021
- Reviewed 500+ corporate and high-risk KYC cases, including PEP/sanctions and complex ownership structures, using internal KYC platform, workflow management tools, and World-Check, reducing rework, preventing audit findings, improving documentation quality, accelerating approvals, and enhancing risk classification accuracy.
- Managed 150+ KYC cases, implementing process improvements and managing escalations, achieving 15% reduction in case completion time.
- Conducted 50+ monthly sanctions, PEP, and adverse media screenings using World-Check, LexisNexis, and Actimize, identifying politically exposed connections for enhanced review and preventing onboarding of sanctioned entities.
- Enhanced compliance adherence 20% by implementing AML policy updates, revising CDD checklists, updating KYC documentation standards, and refining EDD escalation procedures in collaboration with the Compliance team using KYC systems and reporting dashboards, reducing rework and audit findings while improving completion rates.
- Advised Risk team on 40 complex KYC cases monthly, providing guidance that improved case processing.
KYC Remediation/Review Analyst
PUNJAB INTERNATIONAL BANK
11.2019 - 10.2020
- Conducted EDD/CDD reviews for 500+ corporate entities during AML remediation, assessing PEP exposure and high-risk jurisdictions to enhance risk classification accuracy and expedite turnaround times.
- Increased transaction monitoring efficiency by 40% within 3 months, implementing advanced analytics to reduce false alerts and improve compliance accuracy.
- Managed 25+ AML alerts monthly with Fenergo and Excel case tracking, requesting supporting documentation to prevent suspicious activity and minimize false positives.
KYC Analyst (AML Remediation Program)
FRANKLIN TEMPLETON INVESTMENTS
08.2017 - 10.2019
- Executed onboarding and remediation for 200+ clients, ensuring seamless service setup.
- Coordinated the successful remediation of 80+ diverse client cases.
- Advised on CDD/EDD assessments for high-risk individuals.
- Conducted quality control checks on 150+ profiles, confirming accuracy of data.
- Reported MI for 50+ complex cases, escalating 5% of findings for further investigation.
KYC/AML Analyst
BANK OF NEW YORK MELLON
02.2016 - 07.2017
- Conducted comprehensive financial crime risk assessments for onboarding new clients, ensuring compliance.
- Mitigated risks through thorough screenings of over 300 entities, enhancing overall risk assessment.
- Coordinated KYC processes, resolving 95% of customer case reviews within service level agreements.
- Achieved a 20% reduction in processing time for high-risk clients through thorough due diligence.
- Improved compliance by ensuring documentation updates were accurate and up to date.
KYC Analyst
GT BANK UK
09.2014 - 01.2016
- Remediated 500+ KYC/KYB profiles to ensure compliance with regulations.
- Monitored transactions for 400+ clients to detect suspicious activity.
- Reviewed documentation to ensure adherence to FCA and global sanctions.
- Categorised 300+ clients by risk factors, resulting in a 30% risk reduction.
- Established sources of wealth for identified PEPs.
Education
MSc - International Business and Enterprise
University of Glamorgan
UKBSc (Hons) - Economics
University of Glamorgan
UKSkills
- AML Compliance
- Enhanced Due Diligence (EDD) and Source of Wealth (SoW) Analysis
- Ownership analysis
- Risk-Based KYC Review
- Enhanced due diligence
- Sanctions and PEP Screening
- Beneficial Ownership (BO) and Control Structure Analysis
- Funds verification
- Source of Wealth Verification
- Risk Rating Models
- Fenergo
- NICE Actimize
- Moody's KYC Solutions
- LexisNexis
- World Check
- Internal KYC Platforms
- Case Management Systems
- Internal Compliance Databases
- Automation-Supported Decision Review
- Regulatory Adherence
Personal Information
Title: KYC Analyst
Tools And Platforms
- Case Management Systems
- Internal Compliance Databases
- Reporting Dashboards
- Workflow Management Systems
Timeline
KYC/AML Analyst
HOULIHAN LOKEY VIA ROBERT HALF
12.2023 - Current
KYC/AML Analyst
DEUTSCHE BANK VIA DELTA CAPITA
04.2022 - 11.2023
KYC Analyst (AML Remediation Program)
HANDELSBANKEN VIA ALLEGIS GROUP
10.2020 - 12.2021
KYC Remediation/Review Analyst
PUNJAB INTERNATIONAL BANK
11.2019 - 10.2020
KYC Analyst (AML Remediation Program)
FRANKLIN TEMPLETON INVESTMENTS
08.2017 - 10.2019
KYC/AML Analyst
BANK OF NEW YORK MELLON
02.2016 - 07.2017
KYC Analyst
GT BANK UK
09.2014 - 01.2016
MSc - International Business and Enterprise
University of Glamorgan
BSc (Hons) - Economics
University of Glamorgan