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Synovus is an Equal Opportunity Employer committed to fostering an inclusive work environment.
FIU SAR Control Investigator
Location
United States
Posted
83 days ago
Salary
0
Seniority
Mid Level
No structured requirement data.
Job Description
FIU SAR Control Investigator
Synovus
Job Summary The FIU SAR Control Investigator Sr. is responsible for assessing SAR recommended cases received from the offshore team members. They will document findings, and provide feedback to offshore investigators. The incumbent shall make the decision on these cases for final SAR determinations. The FIU SAR Control Investigator is responsible for the preparation of the suspicious activity report narrative for all cases recommended for SAR filing by the offshore team, ensuring all relevant information is included in the SAR. Job Duties and Responsibilities - Evaluates SAR recommended cases from offshore investigators to ensure/determine, if SAR filing is warranted. Reviews SAR recommended cases from Offshore Investigators to ascertain accuracy and completeness. Analyzes activity identified, along with the information gathered and use sound judgement, decision-making skills and discretion in making reasonable determinations in case investigations performed. - Analyzes information identified/provided to ensure the correct transactions and subjects are being reported in the Suspicious Activity Report. Reviews activity being deemed suspicious and make adjustments, as necessary. - Documents quality review of SAR Recommended cases. Completes Case checklist to document findings/deficiencies on SAR recommended cases. Provides feedback, as needed, to Offshore Investigators and FIU Management on the results of the quality review to encourage team members to follow methods and procedures, while ensuring quality and efficiency of production. Includes information on general tracking log to monitor team progress and identify training needs. - Prepares SAR narrative. Reviews information obtained/identified and write a complete and accurate SAR Narrative. Identifies detail suspicious activity, investigation processes, location and timeline of activity, conductors of activity, and documentation available from investigation. Updates SAR form with Narrative and changes to SAR form fields, as necessary. - Ensures all SARs are submitted for filing within regulatory (initial/90-day follow-up) and FIU Team SLA expectations. Prioritizes work as needed in order to meet deadlines. - Escalates cases and provide supporting information to FIU Management to discuss case for change in recommended decision. - Works closely with FIU Management to develop and recommend methods to enhance quality and efficiency of SAR Recommendation cases based on case review findings and observations. - Each team member is expected to be aware of risk within their functional area. This includes observing all policies, procedures, laws, regulations and risk limits specific to their role. Additionally, they should raise and report known or suspected violations to the appropriate Company authority in a timely fashion. - Performs other related duties as required. The information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. Synovus is an Equal Opportunity Employer committed to fostering an inclusive work environment. Minimum Education: - Bachelor's degree Finance, Accounting, Business Administration, Criminal Justice, or related studies Minimum Experience: - 5 or more years of related experience and/or training or equivalent combination of education and experience, with emphasis preferably in anti-money laundering, fraud or securities. Hands-on experience in investigation of cases which involves the analysis of large amounts of data to identify unusual patterns of activity. Extensive SAR writing experience. Sound knowledge of the Bank Secrecy Act (including the USA PATRIOT Act), Anti-Money Laundering, OFAC sanctions and other AML laws and regulations. Regulatory compliance experience including support of policy and procedure reviews/updates, fulfilling regulatory agency and/or law enforcement requests, reviewing suspicious activity, interpreting OFAC sanctions risk, and customer due diligence. Required Knowledge, Skills, & Abilities: - Strong understanding of Bank Secrecy Act (BSA)/Anti Money Laundering (AML) laws, regulations, and guidance as well as the desire and ability to keep up with regulatory changes in a complex environment. - Sound judgement and decision-making skills. - Strong critical thinking and analytical skills as well as excellent oral and written communication. - Excellent organizational and time management skills. - Ability to prioritize workflow and meet deadlines. - Ability to multi-task and manage several tasks simultaneously. - Team player with the ability to work with minimal supervision. - Proficiency using Microsoft Office software products* and automated monitoring system. - Good working knowledge of Excel Pivot tables. - Ability to work both independently and cohesively with others. Preferred Knowledge, Skills, & Abilities: - Association of Certified Anti-Money Laundering Specialist - ACAMS - ABA-Certified AML and Fraud Professional - CAFP - Association of Certified Financial Crime Specialist - ACFCS - Any other AML/Financial Crime professional accreditation
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