Busola Olufemi

Aml Ofac Fraud Analyst @TD

Baltimore, MD, US

Compiles information and documents from a variety of sources to draft SAR reports. • Keep updated on Anti-money laundering legislation requirements and financial crime tendencies. • Perform OFAC Stripping on clients to ensure they are not on OFAC Watchlist. • Review system generated alerts to assess the presence of potential illicit activity that may require reporting based on Bank Secrecy Act (BSA) requirements. • Escalate unusual activity to the Financial Intelligence Unit (FIU) and assist with escalating potential risks. • Responsible for the drafting of SAR documents and make decisions to file SAR if risk cannot be mitigated. • Review alerts at a high volume to determine if true match to suspected money launderers, drug dealers or terrorist. • Monitor OFAC website for updates. • Conduct objective, thorough, and timely investigations into allegations of fraud, using tools such as LexisNexis, Documentum, Unit21, Zendesk, Salesforce, Looker, Business object. • Handle investigations related to real time wire transfer inquiries related to OFAC. • Investigates suspicious activity as required under the Bank Secrecy Act and USA Patriot Act. • Analyze transactional data, research findings, information received from the customer to ascertain if transaction is suspicious, or fraud is suspected. • Evaluate and send report on findings to management

University of Ibadan

MSc: Psychology