Research, analyze and evaluate alerts of potentially suspicious financial activity for possible anti-money laundering violations. Decide whether to refer alerts generated from the SunTrust Alert Monitoring Program to counterparts for investigation. Assess, document, and support decisions through narrative writing and supporting documentation when not referring activity in alert monitoring software. Identify false positive alerts and those that alert for “data or peer” issues for further work by FIU Operations. Assist with projects and assignments to assure full compliance with provisions of Bank Secrecy Act law. Develop BSA relationships with all LOBs and SunTrust teammates who have interaction with DCB’s.
Essential Job Duties:
•Research, analyze and evaluate account transactions that may be suspicious or unusual for a given business or person within any LOB. Transactions will be for clients of our client, who is a Domestic Correspondent Bank.
•Decide upon referring the alert for further investigation. Assess, document, and support decisions through both written narrative as well as via supporting documentation, with emphasis on alerts that will not be referred for case work.
•Alerts referred for further investigation should provide enough information to describe what is unusual about the transaction or series of transactions in question.
•Monitor account activity for all DCB’s and their respective client relationships to evaluate transactions for suspicious financial activity.
•Perform other tasks, including special projects and training assignments as directed by management. Qualifications
• Undergraduate degree preferred; high school education necessary.
• Banking and research/investigative experience preferred.
• Exceptional oral and written communication skills (clear, concise, correct).
• Must have patience to work effectively with others; assertive but not aggressive.
• Attentive to detail
• Ability to analyze and use deductive logical skills in making decisions
• Undergraduate degree preferred; high school education necessary
• Banking, research or investigative experience helpful
•Prior BSA/AML experience
Equal Opportunity Employer: SunTrust supports a diverse workforce and is a Drug Testing and Equal Opportunity Employer. SunTrust does not discriminate against individuals on the basis of race, creed, color, gender, religion, national originTo review the EEO Poster, copy and paste the following link into your browser: http://www1.eeoc.gov/employers/upload/eeoc_self_print_poster.pdf http://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf