Job Title:

Transaction Monitoring Investigator (Correspondent Banking)


Major Responsibilities:

  • Knowledgeable with correspondent banking and overseas wire products
  • Efficiently Manage a caseload of investigations.
  • Review and investigate Alerts generated by the system. Recognize red flags for wire cases.
  • Writing a comprehensive analysis of the account activity to support the disposition to close a case or escalate for further action.
  • Document and report the investigation findings and prepare case files for review (e.g. media search results, PEP search, review and analysis wire data, results from internal system searches etc.)
  • Determine and ascertain the adequacy of the TM Investigator’s investigation process and documentation for both the Alerts to be closed or escalated.
  • Conduct additional research/review of transactional history as necessary in determining the correct disposition for the Alerts and/or request additional information from the TM Investigator if gaps exist in the documentation or research submitted with their recommended disposition.
  • Provide the final disposition of the Alerts and close or escalate to a case.
  • Assist Transaction Monitoring Team Lead and QA with case investigations and SAR drafting as directed.
  • Provide support in the development, design and implementation of changes to the monitoring rules.
  • Monitor and escalate anomalies and areas of notable deficiencies in the transaction monitoring space to the Transaction Monitoring Team Lead.
  • Assist BSA/AML Compliance Officer to ensure that the branch’s BSA/AML procedures, manuals, trainings and programs are kept current and relevant for Transaction Monitoring.
  • Perform other ad hoc duties as required for the Transaction Monitoring and Reporting Team.
  • Communicate effectively with internal and external partners.

Skills, Competencies, and Experience Needed:

  • There is a possibility of temp to perm
  • Maintaining a high degree of knowledge of appropriate BSA/AML and OFAC laws and regulations.
  • Preferred CAMS certification.
  • Bachelor’s Degree
  • Experienced of related experience – AML, Transaction Monitoring, alert clearing, escalation investigations.

Job Order ID: 1294/1295

To apply for this job email your details to margaret@mjboyd.net