Anti-Money Laundering (AML) Fraud Investigator

Capital One • Chicago, IL

252d • $61,600 - $70,300 • Remote

About The Position

The qualified candidate will support various Anti-Money Laundering (AML) Fraud processes for our various lines of business, which might include suspicious activity investigations, reporting, enhanced due diligence, or other AML Fraud processes. Our ideal candidate would possess fraud and investigation/research experience. In addition, strong written communication skills are highly desired. The candidate will work closely with management to ensure critical functions are fulfilled timely and accurately. This role does not include regular supervisory responsibilities.

Requirements

• High school diploma, GED, or equivalent certification.
• At least 6 months of experience in Anti-Money Laundering (AML), Fraud, Investigations or an Analyst role.
• At least 1 year of Microsoft Office or Google Suite experience.

Nice To Haves

• Bachelor's Degree.
• 1+ year of experience in AML, Fraud, Investigations or an Analyst role.
• 6+ months of Financial Services experience.
• 1+ years of experience in Investigations or Research experience.
• Certified Fraud Examiner (CFE), Association of Certified Anti-Money Laundering Specialists (ACAMS), Certified Financial Crimes Investigator (CFCI), or other relevant certification(s) or industry-related association membership.

Responsibilities

• Review system generated alerts to assess presence of illicit activity that may require reporting based on Bank Secrecy Act (BSA)/AML requirements, conduct research as required, and document detailed results in written format.
• Review system generated alerts, ad hoc alerts and departmental referrals, and address other applicable Fraud processes in accordance with regulations and time limitations.
• Document investigative results in written format; provide sufficient research to support investigative decisions.
• Complete and validate quality draft Suspicious Activity Reports (SARs) in accordance with procedures through Financial Crimes Enforcement Network (FinCEN).
• Escalate issues as appropriate for advanced investigation and analysis.
• Build and maintain awareness of the broader context and implications of the various types of risk affecting the business (e.g., financial, legal, reputation, etc.).
• Engage with peers and team to support the Fraud collaborative environment.
• Additional responsibilities as needed.

Benefits

• Comprehensive health benefits.
• Financial benefits.
• Inclusive set of benefits that support total well-being.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Education Level: High school or GED