Risk Specialist II - Suspicious Activity Monitoring

Job description

Location: On site in Knoxville, TN Summary: The position is responsible for performing confidential research and investigations of money laundering and other financial crimes with the suspicious activity monitoring (SAM) team of BSA Compliance. ESSENTIAL DUTIES AND RESPONSIBILITIES: - Analyze client account transactions from various internal monitoring sources, including the bank’s automated transaction/scenario monitoring system (Actimize), to detect potentially suspicious activity. Make decisions on appropriate action to take regarding the need for further investigation. - Adhering to internal BSA Compliance SAR team procedures by documenting the summary of investigative findings (e.g., thorough notes supporting decisions, including copies of supporting documents such as statements/checks, media search results, results from internal system searches, etc. as needed). - Performing investigative cases for review and approval by management, including preparation of Suspicious Activity Reports (SAR) to be submitted to the Financial Crimes Enforcement Network (FinCEN). - Assist with performing duties associated with manual monitoring reports and processes, if requested to do so by mana...