BSA/AML Alert Reviewer I — Investigate & Validate Transactions

TowneBank; Suffolk (VA); On-site; USD 60,000 - 76,000; Full time

Job summary

TowneBank is seeking a BSA/AML Specialist I Alert Reviewer to investigate unusual activity flagged by the bank’s monitoring system. You will review accounts, document analyses, and determine escalation needs for potential suspicious activity reporting.

The role supports the BSA/AML department’s compliance efforts. This position requires 2–3 years in banking or related work, familiarity with BSA/AML and OFAC, and strong analytical and communication skills.

Qualifications

• 2-3 years banking or similar experience.
• Knowledge of BSA/AML regulations and OFAC.
• Excellent analytical and problem-solving skills.
• Ability to meet regulatory deadlines in a fast-paced environment.
• Ability to handle confidential customer information.
• Knowledge of bank products and services.
• Ability to work independently with a team player attitude.
• Strong written and verbal communication skills.
• Detail oriented with good organization skills.

Responsibilities

• Conduct reviews of unusual activity identified through system alerts using internal bank systems, open-source searches, and transaction history analysis.
• Determine if alerted activity is consistent with red flags for money laundering or other financial crimes and elevate to next level review when necessary.
• Disposition alerts within department deadline expectations, meeting monthly SLAs.
• Assist BSA Management with department projects as needed.
• Assist with below-the-line testing for alert optimization and tuning as needed.

Skills

Banking experience

BSA/AML & OFAC knowledge

Analytical thinking

Regulatory deadline discipline

Confidential information handling

MS Office proficiency

Written & verbal communication

Detail oriented

Education

Bachelor’s degree (business, criminal justice, accounting, economics)

Tools

Microsoft Office Suite

Job description

TowneBank is seeking a BSA/AML Specialist I Alert Reviewer to investigate unusual activity flagged by the bank’s monitoring system. You will review accounts, document analyses, and determine escalation needs for potential suspicious activity reporting.

The role supports the BSA/AML department’s compliance efforts. This position requires 2–3 years in banking or related work, familiarity with BSA/AML and OFAC, and strong analytical and communication skills.