AML/Fraud Investigator

About the role

Bank of Marin, voted by our employees as one of the “Best Places to Work” in the North Bay Business Journal, is seeking an AML/Fraud Investigator to join our Compliance department at our corporate office in Novato or our office in Rancho Cordova. The AML/Fraud Investigator is responsible to investigate cases that have been identified through the Bank's monitoring systems for potential money laundering, terrorist financing, Bank Secrecy Act violations and other fraud related issues such as deposit or loan fraud, structuring and check kiting. This individual must be detail oriented and a self-starter. Much of the work in this position is analytical and requires logistical thinking and the ability to be inquisitive.

Responsibilities

• Efficiently and effectively review, research, and validate all documentation provided in assigned cases
• Act as point of contact for all case-related activities and recommend further action as needed
• Accountable for all information researched and contained in each assigned case file
• Complete initial SAR reports and subsequent filings
• Update and maintain assigned tasks and case documentation within the Prime BSA Reporting System
• Provide secondary support and validation of new customer risk assessments, related data maintenance, OFAC reviews, and monetary log review and maintenance
• Support the branch network as needed regarding case expertise and other AML/Fraud related topics
• Maintain knowledge of AML/Fraud related regulations and attend a minimum of five hours of training per year
• Other duties may be assigned

Requirements

• 3–5 years related experience and/or training
• Bachelor’s degree (B.A.) from four-year college or university; or equivalent combination of experience and/or training
• 3 or more years of experience in banking operations, deposits, and/or loans
• Thorough working knowledge of operational methodologies and practices

Skills

• Assess and draw logical conclusions based on facts presented and able to support them to others
• Proven analytical, research, and documentation skills
• Ability to ask questions and identify strategies for investigative approaches
• Maintain confidentiality of files and privileged information
• Ability to use the internet to conduct investigative searches
• Knowledge of MS Office products; ability to perform basic to intermediate functions with Excel and Word
• Strong oral and written communication skills
• Excellent interpersonal skills and ability to work in a team environment

Pay

The hiring pay range for this position is $29.95 to $42.55 per hour. All bank positions are eligible for incentive compensation, which varies based on role. The pay rate for a successful applicant depends on a variety of factors including but not limited to geographic location, work experience, education, and/or skill level.

Benefits

Bank of Marin is a growing public company with career advancement opportunities. We offer a range of benefits and programs to meet employee needs, based on eligibility, including:

• Comprehensive health care coverage
• Retirement savings plan with employer matching opportunity
• Bank-paid employee stock ownership plan
• Tuition reimbursement
• Employee volunteer program

Additional details about total compensation and benefits will be provided during the hiring process.