1. Yohannes T. Arega, MBA
11355 Richmond Ave #1407
Houston, TX 77082
(832) 725-6930
yarega@tulane.edu
PROFILE
Experienced analyst with expertise in developing andimplementing Working Supervisory Procedures (WSP); with an emphasis on risk mitigation and operational efficiency. Proficient
in managingchange in cost cutting and growth environments. Exceptional background in risk based regulatory audits aimed at maintaining a compliant business practice.
Demonstrated leadership abilities while managing multiple branch offices within the United States.
EXPERIENCE
08/2014 –Present BP (BRITISH PETROLEUM) Houston, TX, USA
CDD Analyst II- Western Hemisphere (Contractor)
 Review due diligence reports conducted on counterparties and determine specific risk factors.
 Recommend a risk rating for the specific supplier and write a report to present the recommendation to senior management. These
recommendations often play a central role in evaluating and modifying the company’s Risk Assessment Process.
 Develop mitigation action plans for high and medium risk suppliers/agents and ensure the completion of these action items.
 Participate in pilot projects aimed at improving the efficiency of the CDD (counterparty due diligence) process in various regions BP
operates in. Also ensuring and approving the completion of a CDD prior to the validation of any contract.
 Act as a subject matter expert for practitioners, providing support and valuable information regarding Foreign Corrupt Practices Act
(FCPA) as well as internal regulations.
01/2013-08/2014 JP MORGAN CHASE Houston, TX, USA
Senior Analyst –AML Due Diligence team
 Produced risk based recommendations using data gathered from various sources including changes to existing programs based on the
evaluation of compliance rules and regulations.
 Contributed to continual process improvement initiatives related to the procedures and case analysis process.
 Reviewed transaction reports to identify trends in the movement of funds in and out of High risk consumer accounts and determine if
transactions are consistent with money laundering or other illegal activities.
 Conducted risk assessment tests on red-flagged accounts for possible illegal activity. Then formulate detailed reports on the investigation
carried out, including findings in the financial statements and any conversations with the client or banker. Recommendations based on the
findings of my analysis are then presented to senior management for further action.
 Educated bankers in several branches on financial legislations including the Patriot Act and Bank Secrecy Act.
01/2008-01/2012 NEXT FINANCIAL GROUP Houston, TX, USA
Reg. Regional Compliance Principle (Region 2)
 Implemented Operational procedures related to Pre and post trade suitability review.
 Oversaw the region’s transition to a fully electronic workflow system in accordance with the firm wide paperless initiative.
 Supervised/ managed 27 Producing Division Managers in the Southeast region spanning across 10 states, also acting as the primary
point of contact in the home office.
 Conducted annual Branch Office examinations (internal Audit) and provided valuable feedback to all the branches in my region. Also
followed up on audit deficiencies to make sure brokers in the field have made the necessary improvements.
 Assisted the Chief compliance officer and Treasurer on process development initiatives for a more streamlined workflow.
 Tracked and reviewed the regions performance, examining revenue trends and assessing market conditions on a weekly basis.
 Monitored the regions surveillance activities and made necessary changes for a more effective streamlined process including the
implementation of Sungard.
02/ 2006-01/2008 ALLIANCE BENEFIT GROUP OF HOUSTON Houston, TX, USA
401(K) Plan Co-Coordinator (Daily Plans Team)
 Managed the daily activities of 35 401(k) plans including notable clients such as Prosperity Bank, Technology Partners Int. and The
Reddy Ice Group. This includes assuring that funds are received, dispersed and invested appropriately
 Created written policies and Standard Operating Procedures within the HR group
 Operated as a contact person to Plan Administrators and Participants, Helping them with various issues ranging from loans and hardship
withdrawals to divorce distributions.
01/2005 – 02/2006 MORGAN STANLEY DW Houston, TX, USA
Financial Advisor
 Managed portfolios for high net worth clients, churches and small businesses
 Organized various seminars geared towards doctors in the Houston Medical Center. Provided risk based solutions for doctors seeking
protection of their assets from malpractice lawsuits.
 Planned and executed various investment strategies for clients, applying concepts such as asset allocation and diversification to
maximize the performance potential of portfolios.
06/2004-12/2004 MERRILL LYNCH, Houston, TX, USA

2. Intern
 Administered the processing of employee stock options for two major oil companies by exercising employee stock options, i.e. from the
moment the customer puts in the order to the execution of the stock sales
 Produced professional charts and spreadsheets for Wealth Management Advisors for use in client consultancy.
 Processed fed funds, journal entries, new account forms and various other day-to-day activities.
EDUCATION AND TRAINING
May 2010 TULANE UNIVERSITY, A. B. FREEMAN SCHOOL OF BUSINESS New Orleans, LA, USA
MBA, FinanceConcentration
Dec 2004 UNIVERSITY OF HOUSTON Houston, TX, USA
Bachelor of Science in Economics (Magna Cum-Laude)
PROFESSIONAL LICENSES
Series 7, Series 66, Series 24 and Series 31, Texas Group 1 Life and Health Insurance License
SOFTWARE TOOLS/SKILLS
MS Excel, MS Word, MS Access, MS Outlook, SunGard, SAP, Arriba One Source (procurement & sourcing program), Sentinel (intelligence
data tool). Fluent in Amharic