Account Risk Analyst II

FIRST INTERNET BANK • Fishers, IN

1d • Onsite

About The Position

As the Account Risk Analyst II you will be responsible for reviewing data utilizing a broad range of technical skill sets combined with AML/KYC/Investigative knowledge in order to proactively monitor new and existing account relationships to prevent or minimize financial, reputational, and financial crimes risk to the Bank. You will review alerts in the Bank’s BSA/AML/Fraud and Sanctions monitoring software system(s) to identify potentially suspicious and fraudulent activity. You will also provide support for anti-money laundering and OFAC compliance. You will also perform process analysis to identify changes in regulations, operational processes, or systems and makes recommendations for procedural and process changes.

Requirements

• A minimum of three years of account risk analysis, or equivalent, along with at least one year of specialized experience in BSA/AML/OFAC compliance
• Experience in the financial services industry
• Experience in analyzing data, conducting fraud investigations, and summarizing conclusions, including problem solving and investigative skillset
• Solid understanding of AML software and technology
• Microsoft Office experience required

Responsibilities

• Reviews and researches new customer account applications referred by internal Bank departments to identify fraudulent account applications
• Suspicious Activity Identification
• Research, document, and close and/or escalate alerts in the Bank’s BSA/AML/Fraud software within documented time frames.
• Investigate suspicious activity, create cases, and make recommendations for SAR filings to the SAR Committee.
• Assist in fraud investigations by reviewing and investigating potentially fraudulent activity.
• Assist in technical system functions to ensure compliance with OFAC and 314(a) processes.
• Responsible for contributing to documentation of processes, procedures and training materials.
• Assist in supporting current and future product and process migrations by providing insight and analysis
• Assist with identifying automation, gap analysis, and process improvements to ensure compliance with all regulations and identification of suspicious activity
• Review ACH trial deposits daily to identify and return potentially fraudulent transfers
• Responsible for customer account reviews, ensuring compliance with CIP, CDD and Beneficial Ownership regulations; perform EDD on designated customer account relationships.
• Provide training to internal departments as required.
• Perform other duties as assigned.

Benefits

• Medical, Dental, and Vision Insurance for Full-Time employees - Eligibility begins on day one of employment
• 401(k) Retirement Plan with Generous Match for Full-Time and Part-Time employees - Eligibility begins on day one of employment
• Professional Development Reimbursement
• At Least 3 Weeks Paid Vacation Annually - For New Employees, Paid Vacation is Adjusted Based on Start Date
• Eleven Paid Holidays
• Paid Volunteer Time
• Annual First Internet Bank-branded merchandise allowance

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed