Assess whether a SAR narrative is supportable today (53adc2)

Situation

A SAR narrative is sits with synthetic-identity detection manager because a check deposited in two banks the same afternoon hit a mortgage correspondent channel. Evidence is mule-account payroll deposit pattern; write the Fraud Detection Payments Fraud option that extract can carry.

Decision

Synthetic-identity detection manager in a mortgage correspondent channel must choose Remove access or reverse the item / Temporary compensating control / Approve a documented exception / Hold using mule-account payroll deposit pattern after a check deposited in two banks the same afternoon.

Hypotheses to test

• A check deposited in two banks the same afternoon is noise around an already-controlled Payments Fraud process in a mortgage correspondent channel, given mule-account payroll deposit pattern.
• A check deposited in two banks the same afternoon is the event in mule-account payroll deposit pattern that forces Remove access or reverse the item for synthetic-identity detection manager under Fraud Detection.
• Mule-account payroll deposit pattern shows a one-file miss after a check deposited in two banks the same afternoon, not a Payments Fraud program failure.
• Mule-account payroll deposit pattern cannot decide a SAR narrative is yet after a check deposited in two banks the same afternoon; hold is the only Fraud Detection close a mortgage correspondent channel can defend.

Analysis required

• Check mule or round-trip markers in mule-account payroll deposit pattern.
• Map typology and hold authority synthetic-identity detection manager actually has in a mortgage correspondent channel.
• Trace funds, counterparties, and reversals in mule-account payroll deposit pattern through the window opened by a check deposited in two banks the same afternoon.
• For this Fraud Detection Payments Fraud file, read mule-account payroll deposit pattern against a check deposited in two banks the same afternoon and write the one fact that would move a SAR narrative is for synthetic-identity detection manager.

Recommendation

Choose Remove access or reverse the item / Temporary compensating control / Approve a documented exception / Hold on this Fraud Detection / Payments Fraud packet (mule-account payroll deposit pattern after a check deposited in two banks the same afternoon). Lead with the Fraud Detection option mule-account payroll deposit pattern can support after a check deposited in two banks the same afternoon, then the two facts that force it, then the Monday action for synthetic-identity detection manager in a mortgage correspondent channel.