Summary
Overview
Work History
Education
Skills
Timeline
Generic

Martin Dery KUUKORAH

Accra

Summary

Results-oriented banking professional with over 14 years of experience in compliance, retail banking, governance, risk, and anti-money laundering. Currently serving as the Acting Head of Anti-Money Laundering, Financial Crime, at GCB Bank PLC, key achievements include leading the development and implementation of robust compliance and AML/CFT&P programs. Proven expertise in advising on KYC requirements and regulatory compliance, while fostering high-performing teams. Seeking career aspirations, including opportunities to enhance abilities while contributing to the growth of the company.

Overview

16
16
years of professional experience

Work History

Acting Head, Anti-Money Laundering and Financial C

GCB Bank PLC
Accra
07.2022 - Current
  • Designing an annual AML/CFT&P Compliance Programme aligned with regulatory standards.
  • Providing expert guidance on compliance matters related to AML, CFT, and KYC policies.
  • Reviewing and developing AML/CFT/P policy, KYC guidelines, compliance charter, and sanction policy.
  • Directing and overseeing the seamless execution of branch AML/CFT and P compliance activities within the cluster, and providing guidance to cluster managers on the successful embedment of KYC requirements in the Bank.
  • Collaborating with the team to conduct an institutional self-risk assessment in compliance with regulatory standards.
  • Supervising transaction monitoring and review processes across banking, including money remittances.
  • Analyzing flagged reports on money laundering, sanctions, fraud, bribery, and corruption for possible filing as STRs/SARs to the FIC.
  • Develop and implement the AB&C standard process across the business, including vendor AB&C due diligence and risk assessment processes for vendor acquisition.
  • Reviewing the New-to-Bank KYC review report, account updates, KYC refresh, and sharing findings with relevant stakeholders to address identified gaps, and follow up to ensure closure of issues identified, and report the same in the monthly compliance dashboard and quarterly Board reports.
  • Carrying out fraud investigations, including whistleblower incidents, and reporting findings to both internal and external stakeholders.
  • Preparing reports on the outcome of the PEP, High-Risk KYC, and Account Transactions review for monthly dashboard and quarterly compliance reports to management and the board, respectively.
  • Supervising the conduct of KYC and due diligence on correspondent banks and counterparties, and providing a response to the business.
  • Reporting suspicious activities to the regulatory authorities and providing updates to management and the board on AML/CFT, and other regulatory initiatives.
  • Advising the business on all financial crime compliance-related matters, with respect to regulatory implications for new and existing products, and new market expansion.

Monitoring and Fraud Prevention Manager

GCB Bank PLC
Accra
03.2016 - 06.2022
  • Designed compliance strategies to maintain adherence to established regulations and organizational policies.
  • Managed reviews for thoroughness of KYC documentation.
  • Reviewed and assessed data to detect banking fraud trends, and submitted a detailed fraud analysis report to the regulator.
  • Served as a point of contact for employees to seek clarification on issues of regulations, or reporting of irregularities.
  • Conducted periodic reviews of all external regulations and internal rules to ensure the highest standards are adhered to in the Bank.
  • Prepared and submitted reports on non-compliant incidents quarterly.
  • Partnered with law enforcement agencies to investigate internal and external theft cases.
  • Analyzed, reviewed, and closed alerts generated from the AML monitoring system, and escalated in line with the alert disposing criteria.
  • Actively identified and mitigated compliance risk within the Bank through compliance monitoring and testing, development of appropriate policies and controls, and the execution of relevant monitoring routines.
  • Developed operational manuals to facilitate the compliance function's operations.
  • Maintained records of non-compliance activities, complaints received, and investigation outcomes, and disseminated decisions through the reviewing of procedure manuals and compliance policies.
  • Developed a compliance monitoring plan covering key reporting deadlines and activities.
  • Instituted mechanisms to identify and report all suspicious transactions, both on customer and staff accounts, to FIC.

Operational Rigour Specialist

GCB Bank PLC
Accra
03.2015 - 02.2016
  • Conducted branch audits to verify adherence to bank policies.
  • Attended regulatory-related meetings to align zones with updated policies and procedures.
  • Assisted branch teams in managing operational risk.
  • Oversaw branch General Ledger operations, analyzing anomalies and ensuring timely corrections.
  • Created analytical risk reports for oversight and management using the bank's identified key risk indicators.
  • Analyzed audit findings, collaborating with branches to rectify identified discrepancies.
  • Reviewed account opening documentation to ensure adherence to regulatory requirements.
  • Ensured all loan approval documents adhered to bank policies and procedures.

Credit Officer

GCB Bank PLC
Accra
10.2008 - 02.2015
  • Verified client account details and application information to ensure accurate credit evaluations.
  • Assessed eligibility of loan applications following established standards.
  • Monitored various general ledger accounts.
  • Handled customer complaints.
  • Supplied species to branches and handled species repatriated from branches in the zone.
  • Conduct due diligence on customers during onboarding in line with the Bank's KYC requirements.
  • Established investment options for customers, e.g., Fixed Deposit, Treasury Bills, and Bonds.

Education

Strategic Leadership & Decision Making

LCT
London
08-2024

Anti-Money Laundering Specialist

ACAMS-Association of Certified Anti-Money Launder
Chicago, USA
12-2021

Anti-Money Laundering Compliance Officer

ACCPA-Association of Certified Compliance
Los Angeles, USA
10-2018

Certified Compliance Professional

IABFM-International Association of Business
London
08-2016

MBA - Business Administration

Kwame Nkrumah University of Science And Technology
Kumasi, Ghana
11-2014

Chartered Banker (ACIB)

Chartered Institute of Bankers (Ghana)
Accra, Ghana
10-2014

Ghana Industrial Securities Certificate (GISC)

Ghana Stock Exchange (GSE)
Accra, Ghana
10-2009

Bachelor of Science - Agriculture

University of Cape Coast
Cape Coast, Ghana
05-2007

Skills

  • Excellent leadership skills, with a strong ability to motivate teams to achieve results
  • Excellent written and verbal communication skills
  • Strong analytical and problem-solving skills
  • Excellent investigative skills
  • Ability to develop and maintain mutually beneficial relationships with both internal and external stakeholders, to achieve results
  • Strong passion for service excellence
  • Strong risk and controls awareness
  • Excellent team player
  • Strong ethical orientation
  • Excellent leadership skills, with a strong ability to motivate teams to achieve results
  • Excellent planning, presentation, organizational, and negotiation skills
  • Sound computing skills – Microsoft Word, Excel, and PowerPoint

Timeline

Acting Head, Anti-Money Laundering and Financial C

GCB Bank PLC
07.2022 - Current

Monitoring and Fraud Prevention Manager

GCB Bank PLC
03.2016 - 06.2022

Operational Rigour Specialist

GCB Bank PLC
03.2015 - 02.2016

Credit Officer

GCB Bank PLC
10.2008 - 02.2015

Strategic Leadership & Decision Making

LCT

Anti-Money Laundering Specialist

ACAMS-Association of Certified Anti-Money Launder

Anti-Money Laundering Compliance Officer

ACCPA-Association of Certified Compliance

Certified Compliance Professional

IABFM-International Association of Business

MBA - Business Administration

Kwame Nkrumah University of Science And Technology

Chartered Banker (ACIB)

Chartered Institute of Bankers (Ghana)

Ghana Industrial Securities Certificate (GISC)

Ghana Stock Exchange (GSE)

Bachelor of Science - Agriculture

University of Cape Coast

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Martin Dery KUUKORAH