Supposedly there are outsourced 3p aml detection analysts that need full reviews of their alerts. Who is doing the reviews? Ftes. Ftes that ned to take time away from their work to help.
Why?
Why pay 3ps way less, lets say 50k with basic benefits, just so usaa can save 30k in salary?
Why not just employ more fte analysts AND get the work right the first time?
Help me make sense of it…
This reeks of another consent order…
And dont get me started on the kyc issues where we dont have proper kyc information available still…