beBee background
Home
>
Professionals
>
Banking / Loans
>
Toronto
Blessing Ajayi

Blessing Ajayi

AML Compliance Officer
Toronto, Ontario
(0)

Social


About Blessing Ajayi:

Experienced and driven Compliance Officer with a proven track record of helping to lead companies by ensuring they are functioning in complete compliance with all national and international rules and regulations. I possess excellent communication skills, allowing for the cultivation of positive and mutually beneficial business relationships, while keeping strong ethics at the forefront of my goals. I bring forth a superior knowledge of compliance laws and regulations, as well as standard business law.

Experience

IBM Promontory ( Coinbase Cryptocurrency) – 6 months Contract
Customer Experience/AML Officer                                                                                          2021 – 2022

Responsibilities:

 

  • Performed the required EDD/KYC screenings on customers documenting the information obtained in compliance notes for onboarding
  • Obtained ground floor knowledge of regulatory expectations as applied to one of the largest Cryptocurrency Exchange
  • Gained and applied understanding of the rapidly changing OFAC and international sanctions against individuals and countries associated with the Russia invasion of Ukraine
  • Utilized the Salesforce case management tool to review applicants and existing customers for acceptable risk, creating customer summaries, and presenting recommendations
  • Collated the reports of other units for quality assurance and onward approval
  • Conducted internet searches, Refinitive ( World Check ) and CLEAR screening tools, reviewed applicants, customers and associated parties for negative news, PEP associations, and sanctions related connections
  • Reviewed system alerts and impact on EDD processes, researched and documented results
  • Prepared Suspicious Activity Reports (SAR) for accounts which have been identified to have carried out possible structuring
  • Conducted quality check reviews on team members compliance recommendations and from various investigation units
  • Investigated international and domestic wire transfers for suspicious activity, terrorist financing and money laundering for high risk alerted transactions
  • Analyzed Crypto currency wallets from multiple sources, and documenting findings for onward approval

 

 AML/EDD Compliance Officer                                                                                     2018 – 2021 

T9 Consulting (Afro Global Payment)

 

  • Reviewing, analyzing, and documenting risk ratings of customers in regards to money
  • Communicated with Provincial Regulators, upper management and clients on new or existing rule issues
  • Developed action plans to address all regulatory risks
  • Formalized strategical roadmaps and process flows to satisfy OSFI, FINTRAC regulatory requirements
  • Led a team of Anti Money Laundering Business Analysts, Project Managers, IT Engineers and Developers
  • Formalized enterprise policy (Know Your Customer (KYC), Customer Identification Program (CIP)) to ensure systems and processes meet regulatory requirements
  • Ensured that compliance risks are adequately identified,  assessed, monitored and reported including working with stakeholders to ensure corrective action plans are implemented
  • Maintained quality control/satisfaction records, constantly seeking new ways to improve services 
  • Optimized operational systems to maintain effective budgets and accurate documentation for permanent records
  • Investigated and resolved store inquiries and complaints in a timely and empathetic manner
  • Wrote and edited policy and procedure directives and updates to the company’s CRM
  • Ensured that the compliance testing program standards for provincial/federal regulatory bodies were met
  • Analyzed records, reports, payments, regulations and operating procedures, made recommendations to client based upon findings

AML/KYC/EDD Compliance Officer                                                                            2013 - 2018 

Zenith Bank Limited 

  • Used transactional and customer records, external data, publicly- available information, and other information to identify suspicious or unusual activity
  • Performed detailed analyses to detect patterns, trends, anomalies and schemes in transactions and relationships across multiple businesses/products
  • Participated on the Audit Team assigned to complete an international bank merger
  • Reviewed internal control and procedures to ensure that business activities ( new and existing) conform to established business control unit guidelines
  • Ensured payment risk is mitigated, while fostering Bank`s principles such as Know Your Customer(KYC), Enhanced Due Diligence (EDD) and Customer Due Diligence(CDD)
  • Interacted with Bank management on suspicious transactions conducted by customers
  • Ensured all sales tools such as sales force automation and lead generation processes are executed effectively
  • Excellent time management skills and the ability to manage competing priorities while meeting deadlines
  • Researched, wrote, and reviewed Suspicious Activity Reports on a daily basis while ensuring compliance with federal regulations
  • Cross-trained key members of New Accounts department on AML on-boarding policies
  • Assisted advertising departments and formulated customers’ analysis reports 
  • Reviewed all new accounts for compliance with regulatory requirements for the Investment Advisers Act and guidance, including Bank Secrecy Act(BSA)&AML/KYC/EDD requirements

Education

Bachelor of Science                                                       University                                              2010                                                                                                  

Professionals in the same Banking / Loans sector as Blessing Ajayi

Professionals from different sectors near Toronto, Ontario

Other users who are called Blessing

Jobs near Toronto, Ontario

  • Leads2you

    Vice-président de l'infrastructure

    Found in: Jooble CA O C2 - 2 weeks ago


    Leads2you Toronto, ON, Canada $150,000 - $250,000 per year

    Et arcu varius velit vitae orci duis pharetra bibendum sed posuere integer id aute irure dolor in euismod viverra mattis ornare. · Lorem ipsum dolor sit amet, consectetur adipiscing elit diam quis tellus ut sem ac malesuada ipsum, tellus vitae odio nulla sociis mauris consectetu ...

  • Leads2you

    Vice-président Emploi

    Found in: Jooble CA O C2 - 1 week ago


    Leads2you Toronto, ON, Canada $150,000 - $250,000 per year

    Et arcu varius velit vitae orci duis pharetra bibendum sed posuere integer id aute irure dolor in euismod viverra mattis ornare. · Lorem ipsum dolor sit amet, consectetur adipiscing elit diam quis tellus ut sem ac malesuada ipsum, tellus vitae odio nulla sociis mauris consectetu ...

  • EightSix Network Inc

    Medical Call Center Representative

    Found in: Jooble CA O C2 - 1 week ago


    EightSix Network Inc Toronto, ON, Canada $35,000 - $50,000 per year

    Bilingual Customer Experience Specialist · Part Time / Full Time · Bilingual Customer Experience Specialist · Celebrating 50 years of growth, Sym-Tech is a leading finance and insurance provider to the retail automotive industry. At-Sym-Tech we are looking for Associates who s ...