AML Investigator

About the role

The AML Investigator is a subject matter expert responsible for combatting illicit financial activity by assisting the BSA Officer to maintain compliance with the legal and regulatory requirements of the Bank Secrecy Act (BSA), Office of Foreign Asset Controls (OFAC) and related requirements, including investigations, SARs, and due diligence. This is a Contract to Hire position based out of Colorado Springs, CO, fully onsite.

Responsibilities

• Maintains up-to-date, in-depth knowledge with the Bank Secrecy Act and related regulatory requirements.
• Maintains a thorough knowledge of the bank’s BSA, CIP and OFAC programs, policies and procedures.
• Supports BSA Analysts through training, guidance and quality control of suspicious activity reports (SARs), enhanced due diligence reviews, currency transaction reports (CTRs) and related tasks.
• Files SARs, CTRs and designations of exempt persons (DOEPs) with FinCEN.
• Independently organize, prioritize and assign tasks to ensure ongoing compliance
• Identifies and escalates potential emerging risks.
• Liaises with law enforcement regarding elder and at-risk adult financial exploitation.
• Conducts investigations to identify and report money laundering, terrorist financing, fraud and other financial crimes.
• Performs enhanced due diligence reviews of high-risk customers.
• Assist the BSA Officer to prepare BSA, OFAC and Identity Theft Risk Assessments.
• Assist the BSA Officer to produce, prepare and present data for audits and regulatory examinations.
• Draft bank and department procedures.
• Analyzes and prepares currency transaction reports.
• Assists staff throughout the bank to comply with various BSA-related requirements.
• Reviews and triages alerts of potential suspicious activity and watch list violations.

Benefits

• Medical, dental & vision
• 401(k)/Roth (Pre-tax and Roth post-tax contributions available)
• Life Insurance (Basic/Supplemental Life & AD&D; Voluntary Life & AD&D for employee and dependents)
• Short and long-term disability
• Health & Dependent Care Spending Accounts (HSA & DCFSA) / Health Spending Account (HSA)
• Transportation benefits
• Employee Assistance Program
• Time Off/Leave (PTO, Vacation or Sick Leave)
• Critical Illness, Accident, and Hospital coverage

Pay

The pay range for this position is $26.00 - $47.00/hr.