WIACON

Strategic partner for compliance, IT & business projects

Andreas W. - AML senior expert

Bachelor of Science (Insurance Business) having 20+ years experience in project management for large transnational and medium-sized companies, with focus on insurances and banking. Numerous successfully implemented large-scale projects, occupying various executive positions.

Expert on automation, operationalization and the implementation of complex AFC solutions, focussing on innovative processes and sustainable solutions. Team leader with a hands-on mentality, a vision and a spirit of innovation. Fundamental Anti Financial Crime knowhow (KYC, AML & CTF) and Environmental Social Governance enables Andreas to act successfully as a connector between Compliance, Business departments, IT-teams and top management.

Core Competencies

  • Project Management (national, international, multi project mgmt.) mainly in Compliance departments
  • Optimizing business and cross functional processes acc. to Operational Excellence standards
  • Fundamental Compliance & Regulatory knowhow in Anti Financial Crime (Know Your Customer, Customer Due Diligence, Anti Money Laundering & Economic Sanctions) and Environmental Social Governance (ESG/CSR)
  • Analysis of of customer and transaction data
  • Tuning knowhow and experience to optimize KYC, CTF and AML tool modules/rules
  • NICE Actimize, Targens Smaragd, Thomson Reuters, SWIFT, DOW Jones Factiva, but also FinTech startups
  • Connector between Compliance, Top management, Business and IT-teams

Certifications

  • Project management according to Prince2 Foundation & Practitioner
  • Projekt management according to SCRUM Agile (ProductOwner)
  • Process analysis and -optimization as OPEX Black Belt (Operational Excellence – Lean Mgmt. & Six Sigma)
  • Process modeling via ADONIS GPM-Suite
  • Various AML, KYC and ESS certifications (Forum Institut, ACAMS)

Personal

  • Numerous successfully implemented large-scale projects, occupying various executive positions
  • Focus on the right balance between innovation and sustainable solutions
  • Team-Lead with hands-on-mentality, vision and innovative power
  • Analytical, inspiring, motivating, respectful
  • Member of ACAMS – Association Of Certified Anti-Money Laundering Specialists ®
  • Corporate member of DICO (Deutsches Institut für Compliance e.V.)
  • Corporate member of BVMW (Bundesverband mittelständische Wirtschaft, Unternehmerverband Deutschlands e.V.

Recent project history

Senior PM
AML/CFT Program
2018/01 - 2021/12

  • Group Compliance Governance and Oversights of a large Insurer and All-Finance insitution
  • Global Rollout Manager and Subject Matter Expert Anti Financial Crime
  • Overall responsible for a worldwide implementation of a global standard on economic sanctions screening (based on NICE Actimize & Dow Jones Factiva) in 80+ relevant subsidiaries
  • Developing and executing of a global rollout program based on NICE Actimize WLF for 80+ operating entities / legal entities
  • Steering & supporting the external IT provider as well as the involved local Compliance, Business and internal IT teams
  • Developing a standardized operating model ensuring a continuous run of the economic sanctions screening solution (Nice Actimize WLF)
  • Investigation and optimization of business partner information & alert quality to avoid huge PEP hit backlogs incl. comprehensive WLF module tuning activities for SAN/PEP
  • Preparation and definition of a global AML rollout program to implement the new requirements based on 6AMLD, ensuring customer identification, risk rating & monitoring, sanctions and PEP identification, transaction monitoring for 20+ obliged entities
  • Starting the rollout for a first wave of 8 high important entities to be equipped with the group AML solution
  • Transferring the functional AFC requirements (Group Compliance minimum standards) into solutions specific model configuration (NICE Actimize WLF, CDD, SAM)
  • Initial investigations of all kind of alerts to fine-tune and optimize the different AFC modules
  • Compliance reviews and open-issue tracking and mitigating Group Compliance standard deviations

PM & SME KYC/ESS 2016/01 - 2017/12

  • Legal & Compliance of one of the leading corporate & specialties insurer
  • Implementing and consolidating their Global Economic Sanctions Screening Solution to become compliant in identifying and handling economic sanctions throughout their global corporate business portfolio
  • Transferring the Global Economic Sanctions Screening Solution into a worldwide run-mode
  • Integrating further business applications for Asia and US as enhancements
  • Implementing related business and cross-functional processes plus required documentation to ensure a proper BAU mode
  • Functional development of a KYC modul to enable business departments doing comprehensive background checking of business partner information in the First Line of Defence (DJ Factiva, ORBIS, ICIJ)
  • Steering the internal IT teams in Germany/India and US as well as supporting the involved local compliance teams and business departments
  • Building and monitoring of a central Alert Handling Team (1st Line of Defence) in India and turning them into a Center of Excellence
  • Alert investigation and case management in the 2nd Line of Defence
  • Weekly and monthly reporting and initiating actions on the business side