Investigated cases of potentially suspicious activity received from multiple sources, including but not limited to escalated cases from Operations Level 2, production orders, referrals from the FIU, FCI, Sanctions and other functions to identify suspicious activity that warrants filing a Suspicious Activity Report (SAR), make that determination and write the SARs as appropriate.
- Analyzed sensitive information concerning customer and account activity including transactional data and conducts additional research that is potentially linked to money laundering, terrorist financing, organized crime, and other financial crime activity in order to determine if the filing of a SAR is required.
- Reviewed and evaluated alerts/cases consisting of anomalous or potentially suspicious activity and makes SAR Disclosure/No Disclosure recommendation for manager's approval.
- Reviewed customer and account activity including transactions data and customer relationships to accurately identify cautionary/red flags and suspicious activities that require reporting for money laundering activities to make SAR filing determination.
- Performed name and account-based research on lists and reports provided through established resources to determine if evidence of money laundering activities exist.
- Wrote quality investigative narratives and SARs based upon transactional activity and customer relationships in order to report suspicious activity and evidence of possible money laundering and/or terrorist financing activities.
- Maintained familiarity with appropriate investigation techniques to support AML activities, including research utilizing bank systems, intranet, internet and external vendor solutions as appropriate.
- Effectively communicated within the AML Investigations organization and across other functions/areas in HBUS, effectively conveying key information to both internal and external audiences as appropriate.
- Identified significant cases that require notification to management including to the Regional Investigation Oversight Committee
- Helped to foster a positive culture of compliance by working proactively with the AMLi, LOBs, BRCM, internal controls functions, and other Compliance professionals to ensure that best practices and systems are in place to facilitate business growth and the overall success of a company in accordance with applicable laws, rules, regulations and internal policy.
- Maintained external awareness of research trends, information, and techniques related to money laundering, and communicates the same to appropriate levels of the AMLi organization.
- Effectively communicated within AMLi or any other affiliated department re-enforcing that knowledge on key information, policies and procedures is understood with all constituents both internal and external.
- Provided support and expertise to the AMLi and FCC compliance organizations on research techniques, capabilities, and systems.
- Maintained awareness of AML/BSA trends and other related industry practices helping ensure external knowledge and focus is not lost.
- Helped provide project management support on compliance-related projects and initiatives, as requested, to ensure they progress toward a common goal in alignment with agreed timelines.
- Provides assistance to other investigators when necessary/requested.
- Helped monitor activities within the AML Compliance Office to ensure compliance with applicable internal policies and procedures and external regulations.
- Escalated complex or significant issues to more senior compliance employees, as appropriate.
- Participated in special AMLi reviews, projects, and training efforts, as required.
- Discharged the accountabilities set out in the Legal and Compliance Functional Instruction Manual (FIM) by pro-actively assisting management in identifying and containing compliance risk, monitoring, reporting, and certification, fostering a compliance culture and optimizing relations with regulators.
- Implemented the Group compliance policy locally by containing compliance risk in liaison with the Head of Group Compliance, Global Business Compliance Officer, Area Compliance Officer or Local Compliance Officer, ensuring adequate compliance resources and training, fostering a compliance culture and optimizing relations with regulators.
- Completed other responsibilities, as assigned.
- Established process for the distribution of Compliance related communications from the department.
- Partnered with management to create and deliver internal training and manage special projects within the department.
- Executed supplemental SAR reviews of previously named SAR subjects within the timeline specified. Relationship Manager/Universal agent/Fraud rep/Third shift specialist
