AML Consultant - Investigations

Stellar Bank • Houston, TX

380d

About The Position

The AML Consultant - Investigations is responsible for overseeing various functions related to BSA/AML/OFAC compliance, focusing on the investigation of suspicious activities. This role involves close collaboration with the Assistant AML Manager and AML Manager, ensuring thorough investigations and compliance with regulatory requirements.

Requirements

• Minimum of 5 years of experience in financial services operations, audits, or equivalent financial industry experience.
• Minimum of 5 years of experience in Financial Crimes, BSA/sanctions/fraud, or a combination thereof.
• Minimum of 2 years of experience in quality control or senior analyst level position in Financial Crimes, BSA/sanctions/fraud, or a combination thereof.
• BSA/AML Certified (CAMS, AMLCA, CFCS, etc.) required or commitment to become certified within a specified time period.
• Proficiency in Microsoft Word and Excel.
• Proficiency in internet research and other research tools.
• Excellent verbal and written communication skills.
• Excellent time management skills.
• Enthusiastic, self-motivated, and effective, with the ability to work independently and as part of a team.
• Ability to meet deadlines and manage multiple tasks concurrently.
• Attention to detail.
• Strong research and problem-solving skills.
• Ability to multi-task while maintaining a high degree of accuracy.
• Ability to maintain a high level of confidentiality and professionalism.

Nice To Haves

• Experience with Verafin transaction monitoring system.

Responsibilities

• Review escalated transactions/activity in the AML system to determine if they are suspicious.
• Conduct complex investigations of suspicious activity, including law enforcement requests and Grand Jury Subpoena reviews.
• Interface with customer servicing officers and other bank employees regarding customer transactions and deficiencies in customer identification or due diligence.
• Document investigations within the Bank's automated BSA/AML transaction monitoring system.
• Draft SARs for filing with FinCEN, including Continuing Activity Reviews.
• Perform negative news searches.
• Present information on investigations at committee meetings.
• Assist in special projects and tasks for the department as directed.
• Assume responsibility for various departmental functions in the absence of staff members.
• Communicate suspicious activity to the Anti-Financial Crime (AFC) Manager and/or Director of AFC.

Benefits

• Health Care Coverage, no waiting period
• Dental/Vision
• STD/LTD
• Annual Performance Bonus Eligible
• 401K with company match
• Paid Vacation
• Volunteer days
• Travel Stipend
• Tuition Assistance
• And More

What This Job Offers

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