AML/BSA FIU Investigator I

Incumbent will rotate among the different assignments within the AML/CFT (Anti-Money Laundering/Countering the Financing of Terror) Department as an Analyst. During their time with us, they will have a chance to complete Alert Reviews and/or Investigations, Customer Enhanced Due Diligence reviews, and Sanctions Alert reviews.

ABOUT THE JOB

Week 1-4 Alert Investigation: Introduction to Synovus and orientation to the various systems used by Alerts Team: Verafin, FIS, Synergy, etc. Training on Alerts process/procedures. Work on monthly alerts. This will provide a “ground floor” understanding of Synovus customers and potential red flags. Receive monthly alerted customers by utilizing the Anti-Money Laundering monitoring tool to independently analyze, detect, and assess activity or patterns of activity not commensurate with customer’s profile, occupation, or nature of business. Perform internal/external research through Internet or other sources relevant to customers, counterparties, and/or transactional activity. Analyze transactional activity, along with the information gathered and use sound judgement, decision-making skills and discretion in making reasonable alert dispositions that include adequate conclusions. 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. Escalate alerts which require enhanced due diligence.Week 5-8 Case Investigation: Orientation to the various systems used by Investigations Team: Verafin, FIS, Synergy, etc. Training on Investigations process/procedures. Review how to complete a Suspicious Activity Report (SAR). Work on Investigations assigned in order to identify and report potentially suspicious activity as well as create Suspicious Activity Reports. Utilize the Anti-Money Laundering monitoring tool case management to independently analyze and assess activity or patterns of activity referred by other Bank units 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. 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. Prepare Suspicious Activity Reports (SARs) to file with FinCEN and ensure initial filings, 90 days follow up reviews are completed within FinCEN guidelines.Weeks 9-14 Customer Risk team:Training on various systems and resources used by the Customer Risk Unit, and then participate in the research and evaluate of customer relationships – working to document knowledge obtained about the customer through documentation provided and/or independent research online and in various bank systems. Evaluation of customer transaction activity and assessment of any risks each customer may present. Weeks 15-16 Screening Team:Training on various systems and resources used by the Sanctions team and then participate in the review of customer records and transactions to evaluate them for geographic sanctions risks.

RESPONSIBILITIES

• Complete Alert Reviews and/or Investigations, Customer Enhanced Due Diligence reviews, and Sanctions Alert reviews.
• Utilize the Anti-Money Laundering monitoring tool to independently analyze, detect, and assess activity or patterns of activity not commensurate with customer’s profile, occupation, or nature of business.
• Perform internal/external research relevant to customers, counterparties, and/or transactional activity.
• Submit Requests for Information (RFIs) to the Research team for accounts or customers requiring enhanced due diligence.
• Prepare Suspicious Activity Reports (SARs) to file with FinCEN and ensure initial filings, 90 days follow up reviews are completed within FinCEN guidelines.

QUALIFICATIONS

• Ability to analyze transactional activity and use sound judgement and decision-making skills.
• Discretion in making reasonable alert dispositions and case investigations.
• Capability to conduct independent searches and gather information/data relevant to customers and transactional activity.

TARGET MOCS

All MOCs

OTHER

N/A