Job Description
Job Summary The AML/BSA Investigator Senior is responsible for conducting high risk and complex case investigations including but not limited to, Grand Jury Subpoenas, 314(a) matches, Law Enforcement Requests, OFAC matches to ensure efficient identification and monitoring of potential money laundering, terrorist financing. The role stays informed of current regulatory or legislative trends and issues as it applies to job responsibilities and applies such knowledge into completing daily and periodic tasks in a timely and accurate manner with minimal supervision. This position will responsible for fulfilling the Anti-Money-Laundering/Bank Secrecy Act requirements through identification and investigation of suspicious activity. Serves as a subject-matter-expert and assists less experienced team members.
Job Duties And Responsibilities - Utilize the Anti-Money Laundering monitoring tool case management to independently analyze, and assess activity or patterns of activity referred by other Bank units to not commensurate with customer's profile, occupation, or nature of business.
- Analyze transactional activity, along with the information gathered and use sound judgement, decision-making skills and discretion in making reasonable determinations in case investigations performed.
- Independently conduct searches, gather information/data and record documentation from the Bank's internal systems, the Internet or other sources relevant to customers, counterparties, and/or transactional activity.
- Prepare Suspicious Activity Reports (SARs) to file with FinCEN and ensure initial filings, 90 days follow up reviews are completed within FinCEN guidelines.
- Submit Requests for Information (RFIs) to the Research team for activity requiring, accounts, or customers requiring enhanced due diligence.
- Maintain documentation obtained/collected from the Enhanced Customer Due Diligence research process to support case investigations/ decisions
- Actively ensures compliance with the Code of Ethics and all AML/BSA information security and suspicious activity reporting requirements, policies and procedures.
- Exercises sound judgment and observes the highest degree of confidentiality in the handling of information received in the course responsibilities. Actively participates in required corporate and business line AML/BSA and other related training.
- Actively participates in required corporate and business line AML/BSA and other related training.
- Serves as subject-matter-expert resource by providing guidance to less experienced team members.
- 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 supporting diversity in the workplace
Minimum Education: - Bachelor's degree in Business Administration, Risk or a related field or an equivalent combination of education and experience.
Minimum Experience: - Five (5) years of job related AML/BSA compliance experience including experience conducting investigations preferably in security, fraud, or anti-money laundering, and extensive experience with the technical requirements of the SAR form.
Required Knowledge, Skills, & Abilities: - Deep knowledge of the Bank Secrecy Act and Anti-Money Laundering laws and regulations
- Extensive banking and compliance knowledge of AML/Know Your Customer (KYC) related issues
- Strong investigative skills with the ability to organize and prioritize workflow as well as working independently
- Excellent research and decision-making skills
- Proficiency using Microsoft Office software products such as Word, Excel (Pivot Tables)
Preferred Knowledge, Skills, & Abilities: - Certified Anti Money Laundering Specialist (CAMS)
- Knowledge of AML/BSA software including Patriot Officer and Verafin
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