AML/BSA Investigator II

Job Summary

Identifies and investigates suspicious activity in support and fulfillment of Anti-Money-Laundering/Bank Secrecy Act (AML/BSA) regulatory requirements. Analyzes customer account transactions to detect suspicious activity and decides on appropriate actions in less complex cases and/or customers. Evaluates and analyzes information uncovered during investigations and makes appropriate recommendations regarding filing of Suspicious Activity Reports (SAR).

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.
• 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:

• Three 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:

• Knowledge of the Bank Secrecy Act and Anti-Money Laundering laws and regulations
• 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 work independently
• Proficiency using Microsoft Office software products such as Word, Excel and PowerPoint

Preferred Knowledge, Skills, & Abilities:

• Certified Anti Money Laundering Specialist (CAMS)
• Knowledge of AML/BSA software including Patriot Officer and Verafin