AML Investigator Bank

TEKsystems•Colorado Springs, CO

6d•$26 - $47•Onsite

About The Position

The AML Investigator is a subject matter expert responsible for combatting illicit financial activity by assisting the BSA Officer to maintain compliance with the legal and regulatory requirements of the Bank Secrecy Act (BSA), Office of Foreign Asset Controls (OFAC) and related requirements. This role involves investigations, SARs, and Due Diligence. Direct AML (Anti-Money Laundering) experience is required.

Requirements

Direct AML (Anti-Money Laundering) experience is required.
Three years of financial industry or law enforcement experience or two years anti-financial crimes experience (i.e. BSA, Fraud, Cards).
High school diploma or general education degree (GED) required.
Using Verafin for case management and Premier as their core banking systems.

Nice To Haves

Strong preference for candidates with hands-on Verafin experience. Candidates who are "living in Verafin" day-to-day will be viewed most favorably.
Core banking system is Premier.
in-depth knowledge with the Bank Secrecy Act and related regulatory requirements.
Bachelor's degree preferred.
Advanced experience (i.e. 3+ years) with Microsoft Office Suite: Word, Excel, Outlook, and PowerPoint preferred.
Advanced understanding of banking products, services, forms, and regulations preferred.

Responsibilities

Maintains up-to-date, in-depth knowledge with the Bank Secrecy Act and related regulatory requirements.
Maintains a thorough knowledge of the bank’s BSA, CIP and OFAC programs, policies and procedures.
Supports BSA Analysts through training, guidance and quality control of suspicious activity reports (SARs), enhanced due diligence reviews, currency transaction reports (CTRs) and related tasks.
Files SARs, CTRs and designations of exempt persons (DOEPs) with FinCEN.
Independently organize, prioritize and assign tasks to ensure ongoing compliance.
Identifies and escalates potential emerging risks.
Liaises with law enforcement regarding elder and at-risk adult financial exploitation.
Conducts investigations to identify and report money laundering, terrorist financing, fraud and other financial crimes.
Performs enhanced due diligence reviews of high-risk customers.
Assist the BSA Officer to prepare BSA, OFAC and Identity Theft Risk Assessments.
Assist the BSA Officer to produce, prepare and present data for audits and regulatory examinations.
Draft bank and department procedures.
Analyzes and prepares currency transaction reports.
Assists staff throughout the bank to comply with various BSA-related requirements.
Reviews and triages alerts of potential suspicious activity and watch list violations.
Maintains current knowledge as well as knowledge and consistent compliance with other banking regulations and Bank policies.