Confident and professional Compliance Manager with Nine (9) years of experience, helping Financial institutions achieve their compliance objectives. Developing and promoting policies and systems in line with current regulation and legislation while ensuring adherence to ethical standards.
Hi, I’m
MODUPE KAYODE ADENIGBA
Warrington,United Kingdom
Summary
Overview
9
years of professional experience
Work history
Access Bank Plc
Lead, Transaction Monitoring & Reporting
04.2021 - 10.2022
Job overview
- Continuous and wholistic review of red flags and typologies embedded in the transaction monitoring tools and achieving false positive reduction.
- Matched patterns of all suspicious transactions with customer profiles and utilized automated tools such as World Check, KYC Registry to identify adverse media on Customers
- Screened and reviewed all offshore inward and outward transactions on Safe watch against violation of sanction list
- Reviewed and investigated Suspicious Transactions on the Banks transaction Monitoring tools (SoftAML) and report findings to FIU in the acceptable reporting format.
- Rendered regulatory returns within the given timeline to avoid possible regulatory sanction
- Liaised with regulators and auditors to explain existing strategies to monitor, control and prioritize risks
- Prepare and analyse Suspicious Transaction and Activity Report for approval and subsequent filling to the FIU.
- Successfully managed relationships with regulators while ensuring prompt andaccurate reporting.
- Achieved timely and complete reporting of all routine returns such as Foreign transaction Reporting (FTR), Suspicious transaction Reports (STRs) currency transaction Report (CTRs) and other relevant regulatory returns.
- Coordinated routine regulatory Audits and Spot Checks for the Bank.
Access Bank Plc
Lead, KYC & Due Diligence
03.2020 - 04.2021
Job overview
- KYC & Due diligence, Liaised with CDD team, regional Compliance Officers on Collection, and analysis of all CDD relevant documentation delivered by the relevant clients/ business partners
- Screened new and existing customers to identify sanction, PEP and adverse media risk.against sanctions and watchlist databases such as WorldCheckOne etc
- Conducted customer due diligence identification/verification checks, risk evaluation and scoring.
- Refreshed and maintained existing customer data to keep up-to-date and accurate.
- Interpreted and analysed KYC data to accurately risk assess existing clients.
- Identified, defined and implemented improved process efficiencies.
- Worked as the process owner and ensure end-to-end management of all onboarding, review, identification of KYC issues and resolutions
- Provided support and advice to the Business and Branches on financial crime compliance and risk management processes.
- Carried out initial due diligence checks for potential new clients.
Access Bank (Defunct Diamond Bank)
Compliance Analyst
10.2017 - 04.2019
Job overview
- Responsible for ensuring compliance with policies, procedure and regulations across 10 Business units
- Achieved 100% review of all new relationships within coverage area to ensure compliance with the Bank's KYC policies
- Implemented applicable compliance and AML/CFT programs in Business units under coverage
- Tracked Regulatory Requirements through routine spot checks of Business units under coverage
- Monitored transaction and filed Suspicious transactions Report (STR) where applicable.
- Achieved 100% review of all internal accounts/GLs and ensured integrity and cleanliness
- Investigated Suspicious Transactions/Activities reported by Business units on the Banks transaction Monitoring tool (SoftAML) and provided appropriate recommendations
- Performed fixed asset verification across Business Units
- Achieved 100% Bank-wide reconciliation of General Ledger accounts.
- Achieved 100% detection of income leakages and recovery of all outstanding income
- Independent sample Call Over of transactions' source documents across Business units.
- Championed Bank's initiatives related to anti-bribery and corruption, anti-money laundering and combating financing of terrorism across Business units.
- Prepared supporting documentation for internal audits.
United Bank for Africa Plc
Internal Control Officer
06.2013 - 09.2017
Job overview
- Ensured integrity and cleanliness of all internal/GL accounts of Business offices under coverage through the review of proof of accounts.
- Achieved 100% Daily Independent Call Over of all qualifying transactions within 24 hours of postings
- Fixed asset verification.
- Carried out spot checks and reviewed activities in the Business offices under coverage, cash count and vault administration, funds transfer, clearing processes and returned cheques, etc, ensuring adherence to policies and procedures.
- Reviewed documentation of new relationships (customers) to ensure compliance with the Bank's KYC Policy.
- Reviewed credit (loan) documentation to ensure requisite approvals are in place and processes are in line with the Bank's credit policy
- Investigated income reversal requests and made necessary recommendations to management
- Prepared preliminary Investigation reports on fraud-related customer complaints received from Business offices.
- Tracked regulatory requirements notices in Business offices.
- Achieved 90% detection and recovery of income leakages
- Sensitised employees on internal policies, relevant regulations and possible fraud occurrences.
- Reviewed system exception override message report.
- Ensured complete documentation and accurate recognition of all fees and charges on all credit facilities.
Education
Bangor UniversityBangor, Wales, United Kingdom
Master of Business Administration from Finance
10/2022 - 09/2023
University overview
University of LagosLagos State, Nigeria
Master of Science from Economics
09/2015 - 06/2017
University overview
Federal University of Technology Akure [FUTA]Ondo State, Nigeria.
Bachelor of Technology from Agricultural Economics
09/2006 - 08/2011
University overview
Skills
- SKILLS & TRAININGS
- Apt attention to details
- Excellent communication skills
- Excellent Leadership skills
- Strategic decision-making ability
- Collaborative team player
- Confidence to serve selflessly for the achievement of the goals and objectives of the organization
- Efficient in problem solving
- Ability to work effectively and deliver while maintaining a great balance between quality and quantity
- Excellent intrapersonal and interpersonal skills
- Good Negotiation Skills
- Intermediate computer skills
- Office: Skilled in Excel, PowerPoint & Microsoft Word
- Risk management
- Banking
Affiliations
Affiliations
Sept 2020 - Designate Compliance Professional (DCP) Compliance Institute of Nigeria
June 2014 - Certified Information Systems Auditor (CISA) (Information Systems Audit and Control Association) ISACA member ID number: 862776
Languages
English
Fluent
Timeline
Lead, Transaction Monitoring & Reporting
Access Bank Plc
04.2021 - 10.2022
Lead, KYC & Due Diligence
Access Bank Plc
03.2020 - 04.2021
Compliance Analyst
Access Bank (Defunct Diamond Bank)
10.2017 - 04.2019
Internal Control Officer
United Bank for Africa Plc
06.2013 - 09.2017
Bangor University
Master of Business Administration from Finance
10/2022 - 09/2023
University of Lagos
Master of Science from Economics
09/2015 - 06/2017
Federal University of Technology Akure [FUTA]
Bachelor of Technology from Agricultural Economics
09/2006 - 08/2011
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