BSA/AML Alert Review Specialist

Opportunities at Towne; Suffolk (VA); On-site; USD 60,000 - 85,000; Full time

Job summary

TowneBank is seeking a detail-oriented BSA/AML Specialist I Alert Reviewer to investigate unusual activity identified by the bank's monitoring system. You will prepare clear narratives and determine escalation paths for potential suspicious activity, ensuring adherence to regulatory timelines.

The role requires 2–3 years in banking or similar, knowledge of BSA/AML and OFAC rules, and strong analytical and communication skills in a fast-paced environment.

Qualifications

• 2-3 years banking or similar experience.
• Knowledge of federal BSA/AML and OFAC regulations.
• Excellent analytical and problem-solving skills.
• Ability to comply with regulatory deadlines in a fast-paced environment.
• Ability to handle confidential customer information.

Responsibilities

• Review unusual activity flagged by the bank's monitoring system using internal systems, open-source searches, and transaction history.
• Assess whether alerted activity matches money laundering or other financial crime red flags and escalate when appropriate.
• Disposit ion alerts within monthly SLAs and deadlines.
• Assist BSA Management with department projects as needed.
• Support below-the-line testing for alert optimization and tuning.

Skills

Analytical skills

Problem solving

Regulatory knowledge

Communication

Attention to detail

Microsoft Office

Independent worker

Team player

BSA/AML knowledge

Education

Bachelor's degree in business/criminology/accounting/economics

Job description

TowneBank is seeking a detail-oriented BSA/AML Specialist I Alert Reviewer to investigate unusual activity identified by the bank's monitoring system. You will prepare clear narratives and determine escalation paths for potential suspicious activity, ensuring adherence to regulatory timelines.

The role requires 2–3 years in banking or similar, knowledge of BSA/AML and OFAC rules, and strong analytical and communication skills in a fast-paced environment.