Northwest LLC
BSA Suspicious Activity Monitoring Investigator Team Leader
Northwest LLC, Columbus, Ohio, United States, 43224
Job Summary
The BSA SAM Investigator Team Lead provides direct supervision to the SAM staff, reviews alerts and cases requiring routine input or assistance, and monitors workflow and production. conducts investigations of escalated alerts for the purpose of identifying suspicious activity based on adherence to AML compliance functions and processes, determining when an investigation warrants a SAR, and completes regulatory filing requirements as necessary.This position acts with sound judgement and strong adherence to procedures associated with suspicious activity monitoring (SAM) alert reviews.This individual delivers subject matter expertise to others within and outside the Bank Secrecy department based on efficient processes, communication, and guidance and supervision for the SAM group regarding adherence to AML compliance functions and processes.Provides onsite supervision and guidance to Investigators I, II and III at their respective locations.
Essential FunctionsProvide direction and supervision to SAM staff including direction as to office professionalism and accountability in accordance with Northwest policies, approving PTO and timecards, conducting annual performance reviews, and escalating employee performance issues and operational risksMonitor workflow and production including assigning alerts, reviewing alerts and cases requiring routine input or assistance, and coordinating/assigning special projectsAssist management with statistical reporting and information gatheringNavigate Microsoft Office software, NICE Actimize software, computer applications, and software specific to the Bank Secrecy department to maximize technology tools and gain efficiencyConduct suspicious activity investigations to identify patterns and trends consistent with money laundering and terrorist financingComplete documentation with the highest level of quality, accuracy and attention to detail in accordance with Northwest's procedures and regulatory guidelinesPerform detail analysis of SAM reviewsPrepare the SAR form in accordance with Northwest's procedures and regulatory guidelinesDemonstrate knowledge of money laundering and terrorist financing typologies to recognize unusual/suspicious activityDetermine whether an SAR should be filed on Northwest policies and procedures and a review of the factsCollect, analyze, and safeguard sensitive information concerning the customers of NorthwestEffectively maintain customer and case files, records, and related documentationPromptly notify supervisors, manager, AML/BSA, and OFAC Officer of any instances of non-compliance with the AML, BSA and OFAC regulationsAdhere to the performance metrics provided by Northwest management and continue education to stay current with BSA regulatory expectationsAttend and present relevant BSA information through various Northwest committeesConduct research on applicable regulations to ensure sound decision-makingProvide consultative BSA guidance to various lines of business as necessaryEnsure compliance with Northwest's policies and procedures, and Federal/State regulationsNavigate Microsoft Office Software, computer applications, and software specific to the department to maximize technology tools and gain efficiencyWork as part of a teamWork with on-site equipmentEducation + Experience
Bachelor's degree or equivalent preferred3-5 years of industry experience requiredSupervisory experience or demonstrated leadership preferred3-5 years of the following experience preferred:
AMLAML, BSA, OFAC law / regulationsBranch banking or banking operationsCounter terrorist financing
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
The BSA SAM Investigator Team Lead provides direct supervision to the SAM staff, reviews alerts and cases requiring routine input or assistance, and monitors workflow and production. conducts investigations of escalated alerts for the purpose of identifying suspicious activity based on adherence to AML compliance functions and processes, determining when an investigation warrants a SAR, and completes regulatory filing requirements as necessary.This position acts with sound judgement and strong adherence to procedures associated with suspicious activity monitoring (SAM) alert reviews.This individual delivers subject matter expertise to others within and outside the Bank Secrecy department based on efficient processes, communication, and guidance and supervision for the SAM group regarding adherence to AML compliance functions and processes.Provides onsite supervision and guidance to Investigators I, II and III at their respective locations.
Essential FunctionsProvide direction and supervision to SAM staff including direction as to office professionalism and accountability in accordance with Northwest policies, approving PTO and timecards, conducting annual performance reviews, and escalating employee performance issues and operational risksMonitor workflow and production including assigning alerts, reviewing alerts and cases requiring routine input or assistance, and coordinating/assigning special projectsAssist management with statistical reporting and information gatheringNavigate Microsoft Office software, NICE Actimize software, computer applications, and software specific to the Bank Secrecy department to maximize technology tools and gain efficiencyConduct suspicious activity investigations to identify patterns and trends consistent with money laundering and terrorist financingComplete documentation with the highest level of quality, accuracy and attention to detail in accordance with Northwest's procedures and regulatory guidelinesPerform detail analysis of SAM reviewsPrepare the SAR form in accordance with Northwest's procedures and regulatory guidelinesDemonstrate knowledge of money laundering and terrorist financing typologies to recognize unusual/suspicious activityDetermine whether an SAR should be filed on Northwest policies and procedures and a review of the factsCollect, analyze, and safeguard sensitive information concerning the customers of NorthwestEffectively maintain customer and case files, records, and related documentationPromptly notify supervisors, manager, AML/BSA, and OFAC Officer of any instances of non-compliance with the AML, BSA and OFAC regulationsAdhere to the performance metrics provided by Northwest management and continue education to stay current with BSA regulatory expectationsAttend and present relevant BSA information through various Northwest committeesConduct research on applicable regulations to ensure sound decision-makingProvide consultative BSA guidance to various lines of business as necessaryEnsure compliance with Northwest's policies and procedures, and Federal/State regulationsNavigate Microsoft Office Software, computer applications, and software specific to the department to maximize technology tools and gain efficiencyWork as part of a teamWork with on-site equipmentEducation + Experience
Bachelor's degree or equivalent preferred3-5 years of industry experience requiredSupervisory experience or demonstrated leadership preferred3-5 years of the following experience preferred:
AMLAML, BSA, OFAC law / regulationsBranch banking or banking operationsCounter terrorist financing
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)