Performs a variety of highly complex investigative functions to assist BSA/AML with compliance of all Anti-Money Laundering program requirements
Takes responsibility for investigating suspicious activity, reporting money laundering, terrorist financing, and other illicit activities
Prepares comprehensive detailed narratives summarizing the analysis of investigations and reviews all cases for completeness and accuracy
Determines whether a suspicious activity report (SAR) is required to be filed
Ensures compliance with approved policies and procedures related to BSA/AML including case documentation
Offers advice and guidance to junior investigators, assisting in the development of necessary skills and the promotion of continuous improvement initiatives
Leads projects that contribute to workflow or process change and redesign
Quickly and confidently identify trends and patterns of activity which fall outside the bank’s collected EDD/KYC records
Identify trends and changes in financial activity indicating fraud or money laundering
May work with local and federal law enforcement partners for case resolution

Bachelor’s degree and five (5) years of Financial Crimes/BSA/AML, financial investigations or loss prevention/fraud experience
Or High School Diploma or GED and nine (9) years of Financial Crimes/BSA/AML, financial investigations or loss prevention/fraud experience
Advanced knowledge of Private Banking, Wire Transfers, BSA/AML, OFAC, and FinCEN related laws and regulations
Advanced knowledge of AML laws (e.g. USA Patriot Act), regulations (e.g. Federal, SEC, FINRA), and their applications to the supported products/LOBs
Experience with search engines, open-source data, case management systems, databases, and similar automation platforms

Financial Crimes BSA/AML Investigator – Data Analytics and Intelligence

About this role