Suntrust Bank Work Values

Daily Duties at Suntrust Bank:

• Responsible for analyzing complex suspicious activity cases to ensure that potentially suspicious transactions are appropriately identified within specified timeframes. Ensures filing decisions for Suspicious Activity Reports (SARs) are adequately supported, and all reporting requirements meet with compliance BSA/government and bank regulations. • Researches, analyzes and investigates customer account behavior for potential Fraud-related suspicious activity referred by Suspicious Activity Research Analysts. Determines if a SAR should be filed with FinCEN. Investigates and files SARs within regulatory timeframes and in accordance with BSA/AML Compliance Operations policies and procedures. • Manages multiple technically complex cases involving matters such as multiple relationship accounts, tiered and multi-faceted transactions, international wires involving bank designated high risk jurisdictions, and complex cash structuring schemes. • Partners with branch and department managers, as necessary, in researching and investigating cases. May direct those business partners in matters of compliance. • Administers essential workflow functions such as: documenting complex cases; ensuring that SAR narratives include all pertinent data elements; NON-SAR decisions are thoroughly substantiated, complying with federal interagency guidance and internal Bank policies and standards. • Compiles data, and maintains necessary records and files to assure efficient and consistent reporting of investigations. • Documents results of investigations and meets reporting requirements of both internal and external entities set forth by BSA regulations and unit policy. • Assists and adheres to the Enterprise Fraud Risk Management (EFRM) Compliance Operations Unit’s quality control process. • Makes recommendations for closing accounts and performs associated follow up to ensure the closure of the accounts.

What they like about Suntrust Bank:

Working in an organization that is technologically advanced, creative, and innovative is critical in your assessment of hiring companies. Less important to you are stability of the organization, the length of time an organization has been in business, and the business' plans for the future. You prefer a fast-moving company that will take risks to achieve its goals and objectives. The length of time the company has been in business is irrelevant. Maintaining status quo is unnecessary. You thrive on change, uncertainty and the upside of potential business risks, especially those associated with innovation. Stability for the long haul is not nearly as important as is working in an atmosphere that is charged with a sense of urgency and constant change.

Tags

Business Analyst, Process Improvement, MCP, Project Management, Atlanta, Maryland, BSA, AML, SAR, EDD, KYC, OFAC, •TSYS, FMS, MODEL, OBIQ, LexisNexis, CSI, Oracle Platforms, SAP Apps

Skills

Reaearch Analyst, Fraud Investigator, Compliance and Research Analyst , Support Resource Manager, Quality Assurance Analyst

These are some of the questions we asked our climbers about their experiences with Suntrust Bank: