ade sunmonu

Key Responsibilities & Contributions: Compliance Testing & Monitoring: Conducted compliance testing as part of the Compliance Monitoring Programme, collaborating with business units to identify and address compliance risks proactively. Risk-Based Sampling & File Reviews: Performed sampling based on approved methodologies, ensuring comprehensive and representative assessments of compliance adherence. Regulatory Compliance Audits: Tested sampled files for compliance with internal policies, procedures, and external regulatory requirements, ensuring risk mitigation and adherence to industry best practices. Compliance Reporting & Risk Mitigation: Compiled detailed compliance reports for management and stakeholders, highlighting trends, areas for improvement, and potential compliance risks. Regulatory Risk Assessments: Conducted comprehensive risk assessments, identifying compliance gaps and vulnerabilities, and implementing risk-mitigation strategies. Remediation & Process Optimization: Reported compliance issues and facilitated remediation efforts, enhancing the Compliance Monitoring Programme to better capture regulatory risks and improve its overall effectiveness. Key Achievements: Enhanced Compliance Framework: Strengthened compliance monitoring strategies, reducing regulatory gaps and improving proactive risk identification. Regulatory Risk Mitigation: Led compliance testing initiatives, effectively mitigating compliance risks and ensuring operational adherence to regulatory frameworks. Process Optimization: Refined compliance testing methodologies, improving efficiency and regulatory reporting accuracy. Audit Readiness & Governance: Improved internal audit and compliance review processes, ensuring compliance with financial crime and regulatory requirements.

financial crime screening end to end remediation

Working within the RBS Remediation project this role entails completing an end to end AML KYC function on existing clients. Dealing with a range of entities with low risk to trusts and high risk International Corporations. Interacting with clients, Relationship Managers and internal departments to obtain KYC and compliance information and documentation. • Reviewing questionnaires, applications, ID&V documentation, internal and external systems to complete a review on a range of business account holders, directors, shareholders and entities. • Completing CDD/EDD, analysing and collecting evidence on purpose of relationship, nature of business, source of wealth and source of funds. • Identifying and verifying complex ownership structures and Ultimate Beneficial Owners.