Assistant Vice President - SAR Filing & Investigations - BFS

Must have experience:

Primarily SAR Filing, risk and control, Complex case Investigations ( L3 Investigations, Transaction Monitoring, Enhanced Due Diligence etc.),

Not an ops role, No L1 & L2 reviewer experience required

Role Overview:

As the AVP, SAR Filing & Investigations, you will be at the forefront of identifying, investigating, and reporting suspicious activities to ensure the firm's compliance with regulatory requirements. You will collaborate closely with various internal teams, including compliance, legal, and business units, to gather information, analyze data, and prepare comprehensive Suspicious Activity Reports (SARs). Your work will directly contribute to protecting the firm and its customers from financial crime and maintaining its reputation as a trusted financial institution.

Key Responsibilities:

- Lead and manage the end-to-end SAR filing process, ensuring timely and accurate submission of reports to regulatory agencies.

- Conduct thorough investigations of potentially suspicious activity, gathering and analyzing relevant data from various sources to determine if a SAR is warranted.

- Collaborate with compliance, legal, and business units to obtain necessary information and documentation for SAR investigations.

- Prepare comprehensive and well-documented SAR narratives that clearly articulate the suspicious activity, supporting evidence, and rationale for filing.

- Stay abreast of regulatory changes and industry best practices related to SAR filing and investigations, and implement necessary updates to policies and procedures.

- Provide guidance and training to junior team members on SAR filing requirements and investigative techniques.

- Identify and escalate potential compliance risks and control weaknesses to senior management.

- Contribute to the development and implementation of enhanced monitoring and detection systems to identify suspicious activity more effectively.

Required Skillset:

- Demonstrated expertise in SAR investigation and filing processes, including a deep understanding of relevant regulations and guidelines.

- Proven ability to analyze complex financial transactions and identify patterns indicative of suspicious activity.

- Excellent written and verbal communication skills, with the ability to articulate complex information clearly and concisely.

- Strong analytical and problem-solving skills, with a meticulous attention to detail.

- Ability to work independently and as part of a team, managing multiple priorities and meeting deadlines.

- Degree/PG in Finance, Accounting, Criminal Justice, or a related field.

- Ability to adapt to a dynamic and fast-paced work environment, demonstrating flexibility and resilience.