JOB SUMMARY:

The Transaction Monitoring / Alerts Unit is responsible for reviewing alerted activity from the Bank's monitoring system and determining whether the activity requires escalation to the investigations team

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Handle the more complex, higher risk customers and alert types.
• Perform and document sufficient KYC/CDD Information to effectively support alert resolution.
• Conduct a detailed review of alerted transactions to identify if activity is commensurate with customer relationship based on KYC/CDD information available.
• Apply technical knowledge to accurately assess the transactional activity by identifying risks, patterns and trends that could be related to money laundering and terrorist financing.
• Utilize internal systems, databases available, and internet research to gather information needed to support analysis and draw conclusions related to transactional activity.
• Prepare a write-up that adequately supports conclusions as to "why" the activity is reasonable for the customer or provide recommendations to escalate potential suspicious activity (as needed).
• Adhere to confidential policies, code of ethics, and follow policies and procedures relative to BSA/AML laws and regulations and best practices.
• Address feedback received from QC functions and incorporate into future work products.
• Other duties as assigned by the Chief BSA/AML/OFAC Officer.
• Adhere to Seacoast Bank's Code of Conduct.

EDUCATION and/or EXPERIENCE:

• 5+ years of related experience with emphasis on BSA transaction monitoring;
• Knowledgeable of the laws applicable to money laundering, including the Bank Secrecy Act, the US Patriot Act, OFAC, and Suspicious Activity Reporting;

• Strong analytical skills required to organize and analyze multiple, complete data sets as well a strong interpersonal and organizational skills;
• Excellent attention to detail and "follow through" skills;
• Strong technical and research skills and excel skills;
• Excellent writing, analytical and communication skills;
• Ability to understand and draw conclusions from research conducted;
• Takes initiatives, is proactive, self-motivator, self-starter, result driven out of the box thinker;
• Must have ongoing sense of urgency and high level of flexibility;
• Maintains current on BSA/AML/OFAC news and events as well as regulatory updates.

• PC proficiency with Microsoft Office products including Word and Excel and knowledge of Database and Internet software.