McAdams Group, Inc. Professional Staffing
The McAdams Group now offers personnel for your staffing needs. The McAdams Group staff is composed of professional and certified compliance specialists with hands on experience from well known banks from around the globe.
Professional Staffing
Temporary staffing can be provided for the following needs:
- Transaction Monitoring (Review of Alerts, Flags or Exceptions)
- Know Your Customer (KYC) reviews
- Enhanced Due Diligence (EDD) for high risk customers
- Customer Due Diligence
- OFAC reviews
- FinCEN reviews
- Risk Rating of accounts
- Data Entry
- Product/Customer Trend Analysis
- Statistical Analysis of Customers and/or Transactions
- Analysis of Risk
We can provide analysts to help your Compliance department with:
- An Internal audit
- Look backs
- Transaction monitoring
- Annual high risk review of accounts
- Review of documentation
- Risk rating of accounts
- Preparation for regulatory audit
- Tasks required due to a Consent Order / Cease & Desist Order
Unlike most staffing, consulting and headhunter firms, McAdams Group takes the time to hand select, train and educate its analysts and consultants.
Employees are trained on regulatory issues, use of distinct AML software programs, efficient use of Microsoft Excel and Word for advanced research, documentation and presentation, proper auditing & compliance language, project management, as well as the importance of effective and timely results. McAdams Group promotes the continued education of its employees in the arena of Money Laundering Prevention and Finance and does create internal scenario based exams for employees. Employees are reviewed after each project and constantly cross trained.
In the near future, the McAdams Group website will allow those seeking analysts or consultants to review the resumes of available personnel online. Candidates will also be able to apply directly to the McAdams Group via an online form. This service is free of charge and allows the bank’s identity to remain anonymous until the bank is ready to commit to a project. Once available, an email will be sent to our subscribers that will announce the launching of this service.
The McAdams Group’s team of highly qualified, trained and productive team members can assist you to:
- Data Migration
- BSA Risk Assessment
- Internal BSA Audit
- Correction of errors in IT, Data Security or AML system’s database
- Interface, manage and conduct implementation projects
- Create in-house reports
- Create in-house programs
- Statistically analyze financial data or customer demographics
- Prepare operations, policy and procedures manuals
- Documentation review (KYC, CIP, and EDD files for foreign as well as domestic accounts)
- Complete C&D requirements
We have experience with products by Ocean Systems, Prime, and Experian.
Our experts have extensive knowledge with transaction monitoring systems from around the world and are able to:
- Automate risk assessment reports, that are quantifiable and have passed Federal Audits
- Lower ratio of false positives
- Create powerful reports
- Analyze your institution’s data
- Create reports at the MS SQL (database level)
- Perform data extraction, interface and any type of query or report desired
- Validate your AML system data to ensure it’s the integrity of your results
- Create a import/data validation method
Our experts have worked with banks in South and Central America, the USA, and the UK.
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