Financial Intelligence Group Investigator

Duties And Responsibilities

• Maintains and uses knowledge and understanding of relevant laws, rules, regulations, policies, and procedures that apply to position responsibilities.
• In addition, maintains knowledge of current money laundering, terrorist financing (ML/TF), and other financial crime methodologies and emerging trends.
• Assists in identifying risk, including control assessments, as directed.
• Conduct Enhanced Due Diligence (EDD) investigations on high-risk customers and high-risk geographies or industries.
• Review and analyze customer identification documents, including Beneficial Ownership, business structures, and source of wealth/funds information.
• Assists with suspicious activity investigations.
• Assists the Financial Intelligence Group Senior Coordinator – High Risk Customer Team in communicating and ensuring corrective actions are taken for any identified procedural or training weaknesses to preclude regulatory violations.
• Affords assistance in conducting preliminary research, analysis, and investigation for suspicious activity (including: money laundering, terrorist financing, fraud, etc.) cases as directed by the Financial Intelligence Group Senior Coordinator – High Risk Customer Team in accordance with S&T’s corporate policy/procedures and U.S. Federal regulations.
• Prepares preliminary analysis and findings of suspicious account activity for a lead investigator on complex cases.
• Collects documentation associated with law enforcement and court research requests for information related to suspicious activity report (SAR) filings.
• Reviews alerts and cases from automated monitoring system. Properly disposes and creates a case file when necessary for Senior FIG Investigator II.
• Effectively uses computer tools including automated software monitoring applications in performing, monitoring, and reporting activities.
• Exercises a high-level of accuracy, initiative, interpersonal skills and confidentiality while performing tasks in order to contribute to the success of the department and the organization.
• Maintains a good working relationship with all bank employees and adheres to S&T’s Values.
• Demonstrates the ability to work independently.
• Works as a team player to contribute to the success of the department and in turn the organization.
• Performs additional duties as required.

Qualifications

• Requires a bachelor’s degree or equivalent in Business, Legal Studies, Law Enforcement or related major, or equivalent experience.
• Plus specialized training.
• Responsible for possessing or the capability of understanding basic knowledge of US regulations regarding Bank Secrecy (BSA), Anti-Money Laundering rules, USA Patriot Act, the AML Act of 2020, Office of Foreign Assets Control, suspicious activity and Federal crimes.

Education

Requires a bachelor’s degree or equivalent in Business, Legal Studies, Law Enforcement or related major, or equivalent experience. Plus specialized training.

Pay

$33,750.00 - $69,300.00