What are the responsibilities and job description for the Quality Control Associate, SAR Investigations position at BNY?
Job Description
Quality Control Associate, SAR Investigations
At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000 employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.
We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what is all about.
We’re seeking a future team member for the role of Quality Control, SAR Investigations to join our Financial Crimes Investigations team. This role is located in Pittsburgh, PA or Lake Mary, FL – HYBRID.
In This Role, Duties Will Include
BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
Quality Control Associate, SAR Investigations
At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000 employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.
We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what is all about.
We’re seeking a future team member for the role of Quality Control, SAR Investigations to join our Financial Crimes Investigations team. This role is located in Pittsburgh, PA or Lake Mary, FL – HYBRID.
In This Role, Duties Will Include
- Performs quality assurance activities related to Suspicious Activity Reports (SARs) and investigations.
- Works closely with SAR Investigators and Reviewing Attorneys to ensure SARs meet Company standards.
- Reviews FinCEN (Financial Crimes Enforcement Network) SAR fields to ensure correct data entry and supporting documents attached.
- Review includes all SAR fields, case file documentation of narrative, and mathematical accuracy.
- Corrects identified errors and collaborates with Investigators to address significant errors.
- Corrects identified errors and collaborates with Investigators to address significant errors.
- Solves problems in the form of mathematical or other calculation errors, determines where such errors originated, and makes corrections to all affected SAR narratives or data fields.
- Identifies and reconciles description discrepancies throughout documents, conducting additional research and/or communicating with colleagues as necessary.
- Effectively communicates and develops relationships with senior colleagues, collaborating with them whenever ambiguities, questions, or significant issues arise about their FinCEN SAR submissions.
- Applies a foundational understanding of the products and services offered throughout the organization and the requirements under the Bank Secrecy Act and the USA PATRIOT Act in order to conduct side projects and other alert reviews.
- No direct reports. Understands how the team functions within the organization and their responsibilities within the team. Work quality directly affects the work of the team/area. Modified based upon local regulations/requirements.
- Bachelor's degree or equivalent combination of education and work experience required.
- 0-3 years of total work experience preferred. Experience working for a financial institution on AML/ KYC/ anti-fraud related projects and/or ACAMS (Association of Certified Anti-Money Laundering Specialists) certification is preferred.
- America’s Most Innovative Companies, Fortune, 2024
- World’s Most Admired Companies, Fortune 2024
- Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
- Best Places to Work for Disability Inclusion , Disability: IN – 100% score, 2023-2024
- “Most Just Companies”, Just Capital and CNBC, 2024
- Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
- Bloomberg’s Gender Equality Index (GEI), 2023
BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
