Justin Beufve, CAMS

Experience

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  EverBank

  Aug 2008 - Jul 2013

  Risk Management Support Specialist
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  JPMorgan Chase

  Aug 2013 - Feb 2015

  AML Compliance Analyst
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  New York Community Bank (NYCB)

  Feb 2015 - now

  Manage a team of eight (8) BSA/AML Analysts conducting preliminary reviews and due diligence on the alerted account(s) related to the customer and all necessary counterpartiesReview and approve all alert escalations and determine if further investigation is warrantedDraft and conduct advanced compliance training to FIU staff as neededPerform Quality Control to ensure procedures are followed and all risk is properly mitigatedResponsible for the distribution of daily and monthly alerts to all team membersMonitor analyst queues to ensure deadlines are adhered toRespond to Internal QC and Audit reports as well as findingsConduct annual performance reviews for eight (8) analystsProvide production statistics and data trends to managementInterview prospective applicants for analyst positionsDisseminate updated information relative to procedures and regulationsDraft memo on Change in Behavior report recommending to update parameters to improve overall productivityAssist regulators in facilitating documentation gathering and requisitionsRecord and track annual AML/FIU related external trainingProvide feedback to the implementation of new banking systems Show less Perform periodic Enhanced Due Diligence (EDD) reviews of the Banks high risk customersReview and investigate cases and alerts on the Banks Transaction Monitoring and Case Management System, 90-Day Reviews, Branch Referrals, 314(a) requests and SubpoenasPrepare Suspicious Activity Reports (SARs) in a timely manner and in accordance with FinCEN regulationsInvestigate suspected cases of activity related to money laundering, terrorist financing, fraud, drug trafficking, tax evasion, and OFAC related violationsResearch and present more complex investigations in front of the department to determine a final conclusionAssist in the review of Remote Deposit Capture (RDC) clients with substantial deposit activitySupport the Cases and Alerts team by evaluating customers which surpassed their account expectationsPerform in-depth reviews on Politically Exposed Persons (PEPs), Embassies, Consulates, and Non-Bank Financial Institutions (NBFIs)Communicate with branch personnel and management to verify accuracy of customer information and determine if activity in question is expected for the particular type of customerConduct global summary investigations on clients with extensive relationships within the BankProvide training/guidance to fellow analysts with customer types or review types where they are less experiencedExamine credit approval summary and credit proposal memorandum for customers with lending relationshipsNavigate banking systems to obtain account statements, transaction histories, wire transfer details and check images related to each investigationMentor three EDD analysts by providing guidance, motivation, systems training and best practices to assist in performing their essential job functions to the best of their abilitiesPerform special projects including Below the Line Testing and acting in an advisory capacity to the lending department on a case by case basis Show less

  • BSA/AML Alerts Manager

    Apr 2018 - now

  • Senior EDD/AML Analyst, EDD Advisory Group

    Feb 2015 - Apr 2018