FIU AML/BSA - SAR Filer

Job Description

Job Summary

Responsible for reviewing SARs submitted by BSA Investigators (Onshore and Offshore Teams) to ensure reports are accurate and complete before filing with FinCEN. Conduct and document quality control reviews from the Onshore Senior Investigations Team cases to ensure the accuracy of the cases as well as identify efficiencies while ensuring compliance with all State and Federal laws and regulations as well as internal policies and procedures.

Job Duties and Responsibilities

• Reviews SARs submitted by BSA Investigators to ensure reports and accurate and complete before filing with FinCEN. Reviews the quality of SARs case investigations by reviewing and assessing SAR decisions
• Assist Senior FIU Manager in ensuring the quality control standards and technical aspects of SAR filings are compliant with regulatory guidelines
• Responsible for conducting a specified number of quality control reviews, based on criteria defined by Management of Investigations Unit reviews for the Onshore Senior Investigators to ensure case determination follows established procedures.
• Documents the quality control review performed on case investigations for the Senior BSA Investigators for the purpose of tracking and training.
• Provides feedback, as needed, to both Management and the Senior Investigators on the results of the quality control review to encourage team members to follow methods and procedures, while ensuring quality and efficiency of production.
• Assists in implementing controls to ensure that investigation disposition have been discussed with the analyst responsible for the review to motivate development.
• Assists with departmental metrics of both the AML solutions alerts and investigations for tracking and reporting.
• Assists the Senior FIU Manager in assessing team production and quality of case investigations for the Senior Investigators; support quality of investigative documentation by reviewing SAR and No SAR decisions through a specified number of quality control reviews.
• Evaluates BSA Investigators' decisions for quality and content of SARs submitted to document and support case reviews. Provides training, coaching, and mentoring to Senior BSA Investigators based on case reviews results. Works closely with the Senior FIU Manager to develop and recommend methods to enhance quality and efficiency of case reviews.
• Assists with internal audit and federal regulatory examinations in compiling document request and responding to audit findings and examinations
• Establish working relationships with key business partners across all lines of business
• Maintains and disseminates up-to-date information pertaining to the requirements of Synovus policies and procedures as well as the requirements of regulatory agencies.
• Assists with special projects and data gathering for audit and/or regulatory purposes
• 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 Requirements

Minimum Education:

• Bachelor's degree from an accredited college or university or the equivalent combination of education and experience

Minimum Experience:

• Five years of related banking experience and/or training

Required Knowledge, Skills, Abilities:

• Minimum of five years comprehensive knowledge of bank products and services, including Bank Secrecy Act compliance, is required.
• 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.
• Knowledge of regulations related to quality control with knowledge of Synovus policies and procedures preferred
• Excellent organizational and time management skills.
• Computer experience required with knowledge of Microsoft Office, Word, Excel, etc.

Additional Information

Preferred Knowledge, Skills, Abilities:

• CFE or ACAMs certification preferred