Risk Specialist II - Suspicious Activity Monitoring
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Overview
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 management.
- Ensure all investigative tasks are completed on a timely and accurate basis, including the necessity to meet established federal and internal timelines and standards.
- Participate in exams/audits by assisting in gathering of data for regulators, auditors, quality control reviewers, and law enforcement.
- Perform all other duties as assigned by management.
SUPERVISORY RESPONSIBILITIES
- No supervisory responsibilities
QUALIFICATIONS
The qualifications listed below are representative of the knowledge, skills, and/or abilities required in this position:
- At least 5 years or more of prior banking experience.
- 5 years or more of direct experience with either Bank Secrecy Act (BSA) Compliance, Fraud, or other financial crimes-related investigations/monitoring.
- Bachelor's degree preferred; and preferably with an emphasis on financial, audit, law enforcement, or other risk-related field.
- Prior experience with automated transaction monitoring systems, especially NICE Actimize, is a plus.
- Strong ability to organize and prioritize workflow, ensure accuracy and commitment to detail, and to work independently while taking ownership of assignments.
COMPUTER AND OFFICE EQUIPMENT SKILLS
- Proficient with use of Microsoft Office suite products.
CERTIFICATES, LICENSES, REGISTRATIONS (Ex: CPA, Series 6 or 7 license, etc)
None required, but CAMS, CAFP, or equivalent is a plus.
About Us
First Horizon Corporation is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
Benefit Highlights
- Medical with wellness incentives, dental, and vision
- HSA with company match
- Maternity and parental leave
- Tuition reimbursement
- Mentor program
- 401(k) with 6% match
- More -- FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits
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Automate your job search with Sonara.
Submit 10x as many applications with less effort than one manual application.
