Financial Crimes Senior Investigator I

Regular full-time position on 1st shift (United States). English fluency required.

About the role

Participates in the end-to-end suspicious-activity investigation and reporting process. The Financial Intelligence Unit (FIU) monitors, identifies, investigates, and reports suspicious financial or fraudulent activity—including money laundering, terrorist financing, fraud, and other financial crimes—to ensure Truist complies with the Bank Secrecy Act, USA PATRIOT Act, and regulations from Treasury’s Office of Foreign Assets Control (OFAC). The FIU also provides law enforcement with key information for investigating and prosecuting criminal activity.

Responsibilities

• Conduct timely, comprehensive investigations of customers using CIP information, occupation, line of business, income methods, transaction activity, and other data.
• Analyze customer transaction activity to determine legitimacy, ensuring transactions align with the nature of the business entity.
• Communicate findings and recommendations to FIU leadership.
• Prepare written analysis of research and make independent recommendations to maintain or exit relationships as warranted.
• Gather additional client information by communicating with Relationship Managers, branch associates, and others.
• Act as a point of contact for BSA-related questions and support.
• Provide second-level support to regional contacts and business units.
• Support the development and maintenance of internal process manuals documenting all pertinent activities.
• Conduct link analysis, data mining, and analytics using a variety of research and transaction monitoring tools.
• Provide information for regulatory and analytical reports.
• Maintain strong knowledge of current and proposed BSA/AML laws and regulations, particularly those related to money laundering, terrorist financing, and OFAC.
• Participate in BSA/AML training (webinars, periodicals, self-study) to stay current on laws and regulations.
• Monitor national and world events, industry trends, and collaborative relationships with law enforcement or external watch lists to mitigate reputation or regulatory risk.

Requirements

• College degree or equivalent education, training, and work-related experience.
• Six years of banking, financial industry, or related experience, preferably in branch operations, audit, compliance, or commercial lending.
• Strong knowledge and experience with BSA regulations, compliance requirements, reporting, and record retention.
• Understanding of how regulatory changes impact FIU management.
• Thorough working knowledge of risk indicator trends in money laundering, terrorist financing, or related financial crimes.
• Ability to develop processes to mitigate risks at Truist.
• Strong analytical and critical thinking skills to identify issues, establish facts, analyze complex information, and develop substantiated conclusions with minimal supervision.
• Excellent investigative research and documentation skills.
• Strong verbal and written communication skills; ability to communicate effectively with senior leadership, LOB managers, and external entities (e.g., federal examiners).
• Ability to work in a high-stress, fast-paced, and rapidly changing environment with time-critical situations.
• Proficiency in basic computer applications, such as Microsoft Office.
• Ability to work independently.

Preferred Qualifications

• Master’s degree in Business or a related field, or graduation from a widely recognized banking school (e.g., Truist Banking School).
• Eight years of experience in investigation, law enforcement, or commercial lending.
• Experience with BSA transaction monitoring or case management applications.
• Knowledge of SAR filing requirements.
• Strong practical or management experience in investigative functions related to BSA/AML, USA PATRIOT Act, and OFAC regulations.
• Certified Regulatory Compliance Manager (CRCM), Certified Anti-Money Laundering Specialist (CAMS), or other specialized compliance education/professional designation.

Benefits

Eligible employees working 20+ hours per week receive:

• Medical, dental, and vision insurance.
• Life insurance, disability, and accidental death and dismemberment coverage.
• Tax-preferred savings accounts and a 401k plan.
• No less than 10 days of vacation (prorated based on hire date and full-time/part-time status) during the first year, plus 10 sick days and paid holidays.
• Depending on the position and division, may also be eligible for a defined benefit pension plan, restricted stock units, and/or a deferred compensation plan.