Monica W. Yow
Anti Money Laundering Officer, Community banking
Charlotte, NC · (704) 555 0101 · name@example.com · linkedin.com/in/monicawyow
Key Qualifications
EXPERIENCE
Eight years of Bank Secrecy Act compliance work at community and regional banks
INDUSTRIES
Community banking, commercial lending, small business deposit services
SPECIALTIES
Alert review, enhanced due diligence, report narratives, sanctions screening
SYSTEMS
Verafin, Fiserv Premier, LexisNexis Bridger Insight, Microsoft Excel, Power BI
CREDENTIALS
Certified Anti Money Laundering Specialist
EDUCATION
Bachelor of Science in finance, University of North Carolina at Charlotte
Results at a Glance
96
Suspicious Activity Reports
340
Aged transaction monitoring
1,900
Business accounts
62
Branch staff
Executive Summary
Anti money laundering officer with eight years inside community bank programs, covering alert review, case investigation and Suspicious Activity Report filing. Holds the Certified Anti Money Laundering Specialist credential. Owns the customer due diligence refresh cycle for 1,900 business accounts and writes the quarterly report for the board risk committee.
Signature Achievements
- Filed 96 Suspicious Activity Reports in one year with no quality rejections from the Financial Crimes Enforcement Network.
- Cleared a backlog of 340 aged transaction monitoring alerts in eleven weeks without adding staff.
- Tuned three structuring scenarios in Verafin and cut false positive alerts by 38 percent.
- Finished the customer due diligence refresh on 1,900 business accounts before the examination date.
- Trained 62 branch staff on structuring red flags and Currency Transaction Report exemptions.
Professional Experience
Anti Money Laundering Officer
Catawba Ridge Community Bank, Charlotte, NC 2021 to present
Sole dedicated anti money laundering officer for a bank holding 1.4 billion dollars in assets across eleven branches.
- Reviews daily transaction monitoring alerts and escalates cases for enhanced due diligence.
- Writes Suspicious Activity Report narratives and files them inside the thirty day deadline.
- Runs Office of Foreign Assets Control sanctions screening on new accounts and daily wire traffic.
- Presents program metrics and filing volumes to the board risk committee each quarter.
Bank Secrecy Act Analyst
Yadkin Crossing Bank, Winston Salem, NC 2018 to 2021
Analyst on a four person financial crimes team serving 26 branches across the Piedmont region.
- Investigated cash structuring and funnel account patterns flagged by the monitoring system.
- Prepared Currency Transaction Reports and maintained the exemption list for cash intensive customers.
- Answered information requests from the Financial Crimes Enforcement Network within the required search window.
Fraud Operations Specialist
Rowan Deposit Services Group, Salisbury, NC 2016 to 2018
Handled debit card and deposit fraud claims for a deposit servicing company supporting nine small banks.
- Worked 40 fraud claims a week against transaction histories and merchant records.
- Referred repeat mule account behavior for financial crimes review.
- Logged claim outcomes and recovery amounts each month.
Licensure and Certification
Certified Anti Money Laundering Specialist, credential held since 2020
Member, Association of Certified Financial Crime Specialists
Education
Bachelor of Science in finance, University of North Carolina at Charlotte, 2016
Core Skills
Transaction monitoring · Suspicious Activity Report writing · Currency Transaction Report filing · Customer due diligence · Enhanced due diligence · Sanctions screening · Scenario tuning · Case investigation · Examination support · Branch staff training