BSA/AML Investigator II

Responsibilities

• Perform suspicious activity monitoring and reporting
• Adhere to all BSA/AML and OFAC policies and procedures
• Perform analytical reviews for suspicious activity or potential OFAC matches generated by various surveillance delivery channels to make a determination if further investigation is necessary or if a SAR is required
• Ensure all SARs are prepared and filed with FinCEN on a timely basis
• Make assessments of suspicious activity and collaborate on SAR decisions for reporting with management and the BSA Officer
• Complete thorough and objective investigation reports, evaluation of evidence, recommendation on SAR or no SAR decision, preparation of supporting documentation, and completion of case file providing detailed notes and SAR narratives
• Absorb all aspects of the case investigations
• Assist the Senior BSA/AML Investigators with BSA/AML and/or OFAC compliance related issues, procedures, as well as daily regulatory reporting
• Utilizes available bank systems to monitor, process and analyze information and file required reports in an accurate and timely manner
• Assist to sustain and further develop the BSA AML OFAC Program for the Bank
• Participate in compliance training and additional continuing education to maintain proficiency in the laws and regulations affecting financial institutions regarding BSA/AML and OFAC

Qualifications And Education Requirements

• Bachelor's Degree in Business, Finance, Accounting, Law or related field preferred
• 3+ years relevant experience in banking combined with BSA AML, fraud, investigations, operations, compliance, or relevant business experience
• Ability to work independently or as part of a team
• Fundamental knowledge of banking and financial service company principles, philosophies, and operational concepts
• Strong interpersonal skills along with excellent written and verbal communication skills
• Sound knowledge of BSA regulations, OFAC regulations, USA PATRIOT Act, Fraud Scenarios, Criminal Situations, and Internal Crimes
• Problem solving skills with the ability to define problems and propose solutions
• Required competency with Microsoft Office Suite, especially advanced use of Excel to manipulate data for analysis