Account Risk Analyst II

FIRST INTERNET BANK•Fishers, IN

14d•Onsite

About The Position

The Account Risk Analyst II reviews data using technical skills and AML/KYC and investigative knowledge to monitor new and existing account relationships and help prevent or minimize financial, reputational, and financial-crime risks to the Bank. The analyst reviews alerts in the Bank’s BSA/AML/Fraud and Sanctions monitoring systems to identify potentially suspicious or fraudulent activity and supports anti-money laundering and OFAC compliance. The role also involves analyzing processes and recommending procedural or process changes in response to regulatory, operational, or system changes. The position reviews and researches customer applications, investigates alerts and suspicious or potentially fraudulent activity, supports customer account reviews, and assists with compliance processes and system functions. It contributes to process documentation, training materials, product and process migrations, automation, gap analysis, and process improvements. The role is based at First Internet Bank of Indiana’s Fishers, Indiana location in a professional office setting. It is primarily sedentary and involves extended periods working at a computer, with movement through office buildings as needed.

Requirements

At least three years of account risk analysis experience or equivalent.
At least one year of specialized experience in BSA/AML/OFAC compliance.
Experience in the financial services industry.
Experience analyzing data, conducting fraud investigations, and summarizing conclusions.
Problem-solving and investigative skills.
Solid understanding of AML software and technology.
Microsoft Office experience.

Responsibilities

Review and research new customer account applications referred by internal Bank departments to identify potentially fraudulent applications.
Research, document, close, or escalate BSA/AML/Fraud alerts within documented time frames.
Investigate suspicious activity, create cases, and recommend SAR filings to the SAR Committee.
Assist with fraud investigations by reviewing and investigating potentially fraudulent activity.
Assist with technical system functions to support OFAC and 314(a) compliance processes.
Contribute to documentation of processes, procedures, and training materials.
Support current and future product and process migrations by providing insight and analysis.
Help identify automation opportunities, perform gap analysis, and recommend process improvements to support regulatory compliance and suspicious-activity identification.
Review ACH trial deposits daily to identify and return potentially fraudulent transfers.
Review customer accounts for compliance with CIP, CDD, and Beneficial Ownership regulations, and perform EDD on designated account relationships.
Provide training to internal departments as required.
Perform other duties as assigned.

Benefits

Medical insurance for full-time employees, with eligibility beginning on the first day of employment.
Dental insurance for full-time employees, with eligibility beginning on the first day of employment.
Vision insurance for full-time employees, with eligibility beginning on the first day of employment.
401(k) retirement plan with a generous match for full-time and part-time employees, with eligibility beginning on the first day of employment.
Professional development reimbursement.
At least three weeks of paid vacation annually for new employees, adjusted based on start date.
Eleven paid holidays.
Paid volunteer time, described as unlimited volunteer time off.
Annual branded merchandise allowance.
Onsite fitness center.
Free snacks and soft drinks.
Beer on tap.
Continuous education opportunities for development.
Regular team events.