Senior BSA/AML Investigator

Pay

$25.48 – $33.98

About the role

The Senior BSA/AML Investigator is responsible for performing a wide variety of Bank Secrecy Act (BSA), Anti-Money Laundering (AML) and Global Sanctions responsibilities, including investigating assigned cases and cases identified through independent reviews of transaction and monitoring reports.

Responsibilities

• Complete case investigations derived from MIS reports, employee referrals, media referrals, criminal subpoenas, etc., and file Suspicious Activity Reports (SARs) when appropriate (60%).
• Review and analyze MIS reports generated from BAM+ to detect unusual activity and create BSA case investigations when appropriate (10%).
• Maintain various databases and logs including Enhanced Due Diligence, Unusual Activity Referral database, BSA Case Log, and BAM+ (15%).
• Review and verify OFAC compliance reports (5%).
• Work closely with various departments to assist them in complying with BSA/OFAC, CIP and Patriot Act requirements (5%).
• Perform other duties as assigned (5%).

Requirements

• Three years of prior experience investigating, reporting and decisioning various types of BSA, AML and OFAC alerts at a financial institution or equivalent.
• A Bachelor’s Degree in Economic/Financial Crime Management, Criminal Justice, or equivalent experience or certifications.
• Knowledge of Bank Secrecy Act requirements.

Skills and Abilities

• Team player with strong organizational, communication, analytical and PC skills, especially Excel.
• Ability to research and analyze data and recognize/evaluate patterns of customer activity.
• Skilled investigator with understanding of fraud, money laundering, and terrorist financing risks in a banking environment.
• Ability to professionally present information (orally and in writing) and respond to questions from Law Enforcement, Prosecutors, and Officers of the Court.
• Ability to work multiple inquiries/investigations simultaneously.

Physical Requirements

• Communicate effectively with internal and/or external customers.
• Stationary 75% of the time or greater.
• Move objects up to a maximum of 10 lbs.

Benefits

• Full-Time Employees:
  • Generous Paid Time Off: at least 22 days annually, prorated in the year of hire.
  • Parental Leave: six weeks of paid leave at 100% of salary.
  • Comprehensive Medical Coverage: includes employer contributions to HSA for High Deductible Health Plan participants.
  • Dental and Vision Coverage.
  • Flexible Spending Accounts for healthcare and dependent care expenses.
  • Employer-Paid Disability Coverage (short-term and long-term; option to purchase additional long-term coverage).
  • Life Insurance: employer-paid basic life insurance; option to purchase supplemental coverage.
  • Voluntary Benefits: hospital, accident, and critical illness coverage.
  • Retirement Plans: 401(k) with employer matching, optional Roth 401(k), and pension plan.
  • Adoption Assistance.
  • Tuition Reimbursement.
  • Employee Assistance Program (EAP).
  • Pet Insurance.
  • Financial and Banking Services benefits and financial planning assistance.
• Part-Time Employees (20+ hours/week):
  • Medical Coverage: includes employer contributions to HSA for High Deductible Health Plan participants.
  • Dental and Vision Coverage.
  • Voluntary Benefits: hospital, accident, and critical illness coverage.
  • Generous Parental Leave: six weeks of paid leave at 100% of salary.
• All Part-Time Employees:
  • Retirement Plans: 401(k) with employer matching, optional Roth 401(k), and pension plan (for employees working at least 1,000 hours in a calendar year).
  • Paid Sick and Safe Leave.
  • Employee Assistance Program (EAP).
  • Financial and Banking Services benefits and financial planning assistance.