Banking compliance workflow for Tallyfy

Stay ahead of suspicious activity before regulators come knocking

Alert backlogs invite regulatory scrutiny. This daily monitoring workflow ensures BSA analysts review alerts promptly, document investigations thoroughly, and escalate suspicious activity for SAR consideration.

3 steps

2 fields

Import into Tallyfy Preview steps

Banking

Run this workflow in Tallyfy

Import this template into Tallyfy and assign to your BSA analysts with required fields for analyst name and review date

Configure 2-hour and 4-hour deadlines in Tallyfy to ensure alerts get triaged and investigated the same day they appear

Track alert counts, false positives, and escalations in Tallyfy with form fields that create a clear audit trail for examiners

Import this template into Tallyfy

Process steps

Review new alerts from monitoring system

2 hours from previous step

task

Log into your BSA monitoring system and review all new alerts. Categorize by type: structuring, unusual pattern, high-risk geography, high-dollar activity, etc. Note the severity level and age of each alert. Prioritize older and higher-severity alerts.

Form fields in this step

Total New Alerts *

High Priority Alerts *

Alerts Over 5 Days Old

Investigate and document alerts

4 hours from previous step

task

For each alert requiring investigation, review the underlying transactions, account history, and customer profile. Document your analysis and conclusion. Clear false positives with explanation. Escalate genuine suspicious activity for SAR consideration.

Form fields in this step

Alerts Investigated *

False Positives Cleared *

Escalated for SAR Review

Complete monitoring log

4 hours from previous step

task

Document today's monitoring activity. Record alerts reviewed, investigations conducted, and dispositions. Note any patterns or trends. This log provides evidence of ongoing monitoring during examinations. Keep it accurate and complete.

Form fields in this step

Monitoring Log Completed *

Trends or Concerns Noted