Responsibilities
- Own ongoing monitoring coverage assessments and related documentation
- Partner with Data Analytics, Technology, and SAM Operations to optimize rules and scenarios
- Support governance, validation readiness, and exam responses related to monitoring effectiveness
- Lead periodic and ad-hoc coverage assessments of transaction monitoring rules and scenarios across products (BaaS, payments, cards, tax, deposits, etc.)
- Assess alignment between identified financial crime risks and typologies, existing rules, scenarios, and thresholds, and alert volumes, false positives, and investigative outcomes
- Document coverage rationale, gaps, and recommendations in a regulator-ready format
- Partner with Data Analytics and Technology to support rule tuning initiatives, threshold adjustments, and scenario enhancements
- Evaluate alert quality, false positive drivers, and risk signal effectiveness
- Help translate investigative feedback, SAR trends, and QA results into actionable tuning opportunities
- Ensure changes are risk-based, well-documented, tested, and appropriately governed
- Analyze monitoring metrics, including alert volumes and mix, conversion rates (alert → case → SAR), and emerging typologies and recurring issues
- Perform root cause analysis on material trends, coverage gaps, or operational issues
- Elevate risks and observations requiring management attention
- Support exam, audit, and validation efforts related to monitoring coverage and effectiveness
- Maintain documentation supporting rule purpose and risk linkage, coverage decisions, and tuning rationale and outcomes
- Contribute to responses to regulatory inquiries related to transaction monitoring design and effectiveness
- Serve as a subject matter resource to SAM Operations, Program Management, and Assurance
- Participate in new product, partner, or change initiatives to assess monitoring coverage implications
- Support updates to standards, procedures, and training related to monitoring effectiveness
Requirements
- Bachelor’s degree required
- 5+ years of experience in BSA/AML, transaction monitoring, financial crimes analytics, or risk management
- Strong understanding of transaction monitoring concepts, typologies, and regulatory expectations
- Experience working with monitoring systems (e.g., Actimize, FCRM) and analytics/data teams
- Demonstrated ability to translate data into clear risk narratives and written documentation
- Strong organizational, analytical, and communication skills
Nice to Have
- CAMS or similar certification preferred
Benefits
- Comprehensive benefits package for eligible employees
- Health insurance
- 401(k) retirement benefits
- Life insurance
- Disability benefits
- Paid time off
- Annual performance-based incentive opportunity
Work Arrangement
Hybrid
Additional Information
- Role is eligible for an annual performance-based incentive opportunity
- The salary range reflects the minimum and maximum target for a new hire in this role. Individual pay within the range will be determined by multiple factors including candidate’s experience, qualifications, skills, and location
- Ranges may be modified in the future
- Recruiter can share more about the specific salary for your location during the hiring process
