Financial Crimes Analyst II

Essential Duties And Responsibilities

• Evaluates system activity and generated alerts in accordance with Financial Crimes Compliance expectations.
• Analyzes Financial Crimes and Fraud related activity and makes appropriate risk decisions.
• Escalates matters associated with Financial Crimes activity to appropriate parties.
• Works with various business units to understand and ensure compliance with Financial Crimes and Fraud alerted activity.
• Possesses working knowledge of industry trends and completes assigned work in a timely and accurate manner.
• Communicates effectively verbally and in writing on Financial Crimes or Fraud related matters.
• Maintains a strong comprehension of Bancorp policies and procedures and regulatory requirements related to financial crimes.
• Maintains knowledge of current and emerging issues and risks in the compliance and regulatory environment.
• Contributes to projects designed to improve the quality or efficiency of work produced.
• Maintains strong working relationships with all business lines and support groups.
• Prepares and manages communications with business lines, support groups, and external parties to ensure timely receipt of requested information.
• Conducts complex data analysis and documents findings appropriately.
• Assumes team leadership roles and responsibilities as required by management.
• Provides data and analytical support to business partners.

BANK SECRECY ACT REQUIREMENTS

• Adheres to the reporting and record keeping requirements of the Bank Secrecy Act and Anti-Money Laundering rules and regulations.
• Complies with economic sanctions by prohibiting transactions as specified by the U.S.’s Office of Foreign Asset Control (OFAC) and Canada’s Office of the Superintendent of Financial Institutions (OSFI).
• Follows the bank's customer identification program (CIP) rules and observes all Bank policies and procedures relating to BSA, OFAC, CIP, and related acts.
• Participates in ongoing related training.

Supervisory Responsibilities

• Provides timely, candid, and constructive performance feedback to employees.
• Develops employees to their fullest potential and provides challenging opportunities for career growth.
• Develops the appropriate talent pool to ensure adequate bench strength and succession planning.
• Recognizes and rewards employees for accomplishments.

Minimum Knowledge, Skills, And Abilities Required

• Bachelor's degree or equivalent work experience required.
• Three to five years of financial crimes or equivalent experience.
• Solid understanding of financial crimes trends, typologies, and regulatory requirements.
• Excellent oral and written communication skills.
• Sound judgment and ability to apply logical and critical thought processes.
• Highly organized with the ability to multi-task and work under stringent deadlines.
• Strong analytical, problem-solving, and conflict resolution skills.
• Professional composure in a dynamic work environment.
• Ability to provide continuous coaching and training support to employees.
• Demonstrates decisive leadership ability.
• Working or functional proficiency sufficient to apply the use of software applications (primary bank and financial crimes applications & Microsoft Office Suite) without assistance and minimal supervision.

Total Base Pay Range

Total Base Pay Range: $54,400.00 - $111,500.00 USD per year.

Benefits

At Fifth Third, we offer comprehensive benefits and differentiated compensation offerings to support the individual needs of our employees and their families, encompassing physical, financial, emotional, and social well-being. Learn more about these programs on our 53.com Careers page or by consulting with your talent acquisition partner.

Location

Cincinnati, Ohio 45227

Attention Search Firms and Staffing Agencies

Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes – no matter how they are submitted – will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee. Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.