Papa Dior Ndiaye has over 10 years of experience in financial services risk and controls, including anti-money laundering investigation, audit, and management control assessment. He currently works as a Compliance Officer for Citigroup's Global Investigation Unit, where he audits AML investigation reports and conducts reviews of controls. Previously, he held senior risk analyst and control specialist roles at RBC, TD Securities, CIBC, and BNP Paribas, where he performed operational audits and assessed internal controls. Ndiaye holds an MBA in Financial Management from Pace University and a BS in Finance from New Jersey City University.
Summary of guidance for BSA/AML in USA and AML/CTF in Caymans. Compliance Officer and Money Laundering Reporting Officer. Banks & Financial Institutions. KYC and Transaction Red Flag tips. Board of Directors.
Summary of guidance for BSA/AML in USA and AML/CTF in Caymans. Compliance Officer and Money Laundering Reporting Officer. Banks & Financial Institutions. KYC and Transaction Red Flag tips. Board of Directors.
Senior Level Operations Manager seeking a financial services role within Middle or Back Office operations, where I can use my knowledge and experience to help build and grow the department. I want to succeed in a stimulating and challenging environment, exceling in this field through hard work, perseverance and dedication. I’d like to secure this position with a leading organization that will lead to a long term career relationship.
Safeguarding Bank Assets with an Early Warning SystemCognizant
The recent global financial crisis underscored the impact of non-performing assets and caused banks' overhead to soar. An automated early warning system (EWS) can help these institutions avoid the risk of problem loans, better protect their assets and reduce the effects of delinquent payments.
Operational Risk Management under BASEL eraTreat Risk
Operational risk have always ignored by Banks as they thought Credit and market risks can cause catastrophe. But history of misfortunes taught us different lessons. Controls and internal audit have long been construed as guard till BASEL II dictates forced banks to look with insight. Understand the dimension of ORM in this presentation.
The Bank Secrecy Act/ Anti-Money Laundering Examination Manual was updated earlier this year so BSA officers need to review the manual to ensure the Bank Secrecy Act/ Anti-Money Laundering & OFAC program meet the regulatory expectations. OFAC has also issued Enforcement Guidelines published on November 9, 2009 which allow for civil money penalties for as much as $250,000 per violation or twice the amount of a transaction, whichever is greater. In addition new OFAC Risk Assessment considerations were provided with the Enforcement Guidelines which include: management’s assessment of OFAC risks; the adequacy of the OFAC Compliance Program approved by the Board of Directors; the adequacy of Staffing Levels to implement the OFAC Compliance Program; and the adequacy of the OFAC Training Program.
BUSINESS CASE
An International Banking Group implemented Early Warning System and strategies
to reduce the number of cases to be treated in the recovery process and the overall
collection costs.
Senior Level Operations Manager seeking a financial services role within Middle or Back Office operations, where I can use my knowledge and experience to help build and grow the department. I want to succeed in a stimulating and challenging environment, exceling in this field through hard work, perseverance and dedication. I’d like to secure this position with a leading organization that will lead to a long term career relationship.
Safeguarding Bank Assets with an Early Warning SystemCognizant
The recent global financial crisis underscored the impact of non-performing assets and caused banks' overhead to soar. An automated early warning system (EWS) can help these institutions avoid the risk of problem loans, better protect their assets and reduce the effects of delinquent payments.
Operational Risk Management under BASEL eraTreat Risk
Operational risk have always ignored by Banks as they thought Credit and market risks can cause catastrophe. But history of misfortunes taught us different lessons. Controls and internal audit have long been construed as guard till BASEL II dictates forced banks to look with insight. Understand the dimension of ORM in this presentation.
The Bank Secrecy Act/ Anti-Money Laundering Examination Manual was updated earlier this year so BSA officers need to review the manual to ensure the Bank Secrecy Act/ Anti-Money Laundering & OFAC program meet the regulatory expectations. OFAC has also issued Enforcement Guidelines published on November 9, 2009 which allow for civil money penalties for as much as $250,000 per violation or twice the amount of a transaction, whichever is greater. In addition new OFAC Risk Assessment considerations were provided with the Enforcement Guidelines which include: management’s assessment of OFAC risks; the adequacy of the OFAC Compliance Program approved by the Board of Directors; the adequacy of Staffing Levels to implement the OFAC Compliance Program; and the adequacy of the OFAC Training Program.
BUSINESS CASE
An International Banking Group implemented Early Warning System and strategies
to reduce the number of cases to be treated in the recovery process and the overall
collection costs.
Talented and highly professional Banker with over 8 year's broad base experience in Jordan with leading reputable Banks. Skilled in all aspects of Bank auditing, strategic planning & customer service with high level interpersonal & communication skills incorporated with integrity, objectivity, confidentiality & competency.
Mastering the Art of Bank Branch Audit.docxMiMOiQ1
As financial institutions entrusted with safeguarding public funds and ensuring regulatory compliance, banks undergo rigorous audits to maintain transparency and accountability. One crucial aspect of this audit process is the examination of individual bank branches. In this guide, we'll explore the essential steps and considerations for conducting a successful statutory audit of bank branches.
Learn more: Please Visit Our Website MIMOiQ
1. PAPA DIOR NDIAYE
30 Newport Parkway Apt # 210 | Jersey City, NJ 07310 | T: 201 388- 5921 | Email: Pdiorn@gmail.com
QUALIFICATIONS
M.B.A graduate with more than ten years of professional experience in Financial Services Risk and Controls with
expertise in , AML Investigation Audit, Management Control Assessment, and Brokerage operations risk
controls. Extensive knowledge of laws applicable to anti-money laundering, including the Bank Secrecy Act
(BSA), the USA Patriot Act, and Suspicious Activity Report (SAR) requirements. Fluent in French.
PRO FE S S IO N AL EXPE RIE N CE
CITIGROUP, Jersey City, NJ 2015- PRESENT
Compliance Officer: Global Investigation Unit: AML Compliance Audit
Audit AML Investigation Report and ensure proper procedures have been followed such as the use of information obtained
from other financial institutions through 314(a) and 314 (b) request(s).
Conduct a quarterly end to end AML lifecycle review and highlight potential control deficiencies and weaknesses related to
various investigative projects.
Perform test control on account closeout process, review supporting documentation, and ensure proper procedures have
been followed as outlined by internal and external regulatory entities.
Audit the NO Suspicious Activity Report (SAR) to ensure that the case disposition is consistent with the reason not to file a
(SAR) as outlined in the investigation report case summaryand the case recommendation.
Maintain and update a Global Investigation Unit (AML Red flag list) of previously exited clients for AML reasons.
Assess and continuously monitor test results to identify gaps in control execution, emerging risks and/or weaknesses in
process and control design.
Execute MCA procedures as prescribed; determine root cause of issues and assist in the development of corrective action
plans.
RBC, TD SECURITIES, CIBC, BNPP: Jersey City, NJ & Toronto, ON 2011- 2014
Senior Risk Analyst and Control specialist:
Planned and managed various audit projects with a focus on operational risk standards, and identified important risks
inherent in each business activities, and evaluated the effectiveness of key controls over identified risks.
Performed special audit of Middle and Back-Office brokerage operations including: Equity trade, Corporate actions, Principal
pay down, Dividend and bond interest reconciliations, and General ledger accounting practices.
Assisted with gathering information for the regulatory examinations and audits; provide support during the
examination/audit; and ensure compliance issues are addressed in a timely manner.
Engaged in extensive research and reviewed of operational processes, including the identification of suspected control
weaknesses and the effectiveness of internal controls.
Discussed audit findings with management, researched, monitored, and tracked developments in new regulations.
CREDITSUISSE, Toronto, Canada 2009 -2010
Senior Control Officer andAudit Consultant – Shared Services
Tasked with continually maintaining a variety of fund’s Financial Transactions Operating Procedures in accordance with
changing recommendations from regulatory agencies.
Fulfilled a critical role providing executive oversight of all internal processes and controls governing corporate actions events,
trade settlements, and securities movement between contra parties.
Analyzed, reviewed, and communicated new and proposed laws and regulations to management, and assessed their overall
impact.
2. Dior Ndiaye Page 2
Ensured the accurate and timely reporting of portfolio updates through the diligent maintenance and verification of portfolio
hierarchy reporting.
Coordinated project planning with auditors by assessing the information needs and identified sources of information required
to perform an assessment of internal control effectiveness.
STATE STREET CANADA, Toronto, Canada 2006 -2008
Operations and Control – Custody Services
Leveraged superior industry expertise and organizational skill to ensure the success of fund management operations, custodial
operations, investment management, and securities administration.
Instrumental in identifying, addressing, and resolving cash reconciliation issues with the potential to adversely impact
performance measurement and client reporting.
Reviewed and applied changes in regulatory agency recommendations, tailoring the Financial Transactions Operating
Procedures for each fund to ensure full compliance.
Reviewed key characteristics of control activities level and assessed potential risk related to material weakness, financial
misstatement risk or control failure.
In conjunction with the Value at Risk group, assembled documentation and explanation of day-over-day VaR changes in full
compliance with rules and regulations governing risk management.
Assumed a lead role in enforcing strict compliance of trades execution, settlement of broker dealer claims, and other
corporate actions events.
UBS FINANCIAL SERVICES, Jersey City, New Jersey 1999- 2006
Vice President of Operations (Margin Lending)
Supervised a team of two professionals dedicated to the effective management of a portfolio of accounts for margin
requirements, reviewed margin trading applications by applying risk measurements such as Value at Risk and/or portfolio
Standard Deviation analysis, and level of position concentration.
Collaborated with the Risk Management group to formulate credit standards to govern margin approval while following
guidelines set forth by the firm and regulatory agencies.
Maintained constant vigilance over outstanding margin loans, reviewed the monthly risk ranking of each loan while
producing monthly and quarterly management reports summarizing the firm’s risk exposure to market forces, as well as the
loan repayment ability of margin clients.
Exercised leadership and control over all risk management initiatives, through the maintenance of internal control documents
and the daily production of control reports documenting the successful resolution of all high-risk issues.
ED UCATIO N
PACE UNIVERSITY
Master of Business Administration Degree in Financial Management
NEW JERSEY CITY UNIVERSITY
Bachelor of Science Degree in Finance
PRO FE S S IO N AL DE VE L O PM E N T AN D CE RTIFICATIO N S
Sarbanes-Oxley Certification Section (404) - 2013
TE CHN ICAL PRO FICIE N CIE S
Microsoft Word, Microsoft Excel, Microsoft PowerPoint