Assess whether a SAR narrative is supportable today (63e17b)

Situation

Account-opening quality reviewer owns a SAR narrative is inside an ACH originating credit union with synthetic identity application cluster as the only packet. A mule account receiving 14 unrelated payrolls in a week is what changed the clock for this Fraud Detection Mortgage Fraud file.

Decision

Account-opening quality reviewer in an ACH originating credit union must choose Remove access or reverse the item / Temporary compensating control / Approve a documented exception / Hold using synthetic identity application cluster after a mule account receiving 14 unrelated payrolls in a week.

Hypotheses to test

• Synthetic identity application cluster reads as Remove access or reverse the item once a mule account receiving 14 unrelated payrolls in a week is lined up to the same Fraud Detection population.
• Synthetic identity application cluster is closer to Temporary compensating control after a mule account receiving 14 unrelated payrolls in a week; Remove access or reverse the item would over-claim this Mortgage Fraud extract.
• Approve a documented exception is still live in synthetic identity application cluster for account-opening quality reviewer in an ACH originating credit union.
• Synthetic identity application cluster is missing the fact account-opening quality reviewer needs after a mule account receiving 14 unrelated payrolls in a week; stop this Fraud Detection close.

Analysis required

• Map typology and hold authority account-opening quality reviewer actually has in an ACH originating credit union.
• Trace funds, counterparties, and reversals in synthetic identity application cluster through the window opened by a mule account receiving 14 unrelated payrolls in a week.
• Quantify loss if the hold is released before synthetic identity application cluster is complete.
• For this Fraud Detection Mortgage Fraud file, read synthetic identity application cluster against a mule account receiving 14 unrelated payrolls in a week and write the one fact that would move a SAR narrative is for account-opening quality reviewer.

Recommendation

Choose Remove access or reverse the item / Temporary compensating control / Approve a documented exception / Hold on this Fraud Detection / Mortgage Fraud packet (synthetic identity application cluster after a mule account receiving 14 unrelated payrolls in a week). The follow-on Mortgage Fraud action is what account-opening quality reviewer does next: implement the option, assign an owner, and log the missing fact.