BSA/AML Investigator II

Old National Bank • Evansville, IN

10h

About The Position

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving. We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.
The BSA / AML Investigator requires knowledge of all Bank Secrecy Act regulations including the USA Patriot Act and OFAC regulations with the ability to define problems and propose solutions. The investigator will comply with Old National’s BSA/AML policy, program, and procedures for performing SAR, case investigations, and all other BSA/AML and OFAC responsibilities. The Investigator will support Old National’s lines of business and branch locations by performing research, responding to questions, and verifying accuracy of information. This position will comply with all state and federal rules, regulations and laws while utilizing sound judgment and the highest degree of confidentiality. The BSA/AML Investigator must keep abreast with current and emerging money laundering and financial crime trends. The position will report directly to the BSA AML Investigations Manager. The salary range for this position is $51,700/yr. - $101,500/yr.. The base salary indicated for this position reflects the compensation range applicable to all levels of the role across the United States. Actual salary offers within this range may vary based on a number of factors, including the specific responsibilities of the position, the candidate’s relevant skills and professional experience, educational qualifications, and geographic location.

Requirements

• Bachelor's Degree in Business, Finance, Accounting, Law or related field preferred
• 3+ years relevant experience in banking combined with BSA AML, fraud, investigations, operations, compliance, or relevant business experience.
• Ability to work independently or as part of a team
• Fundamental knowledge of banking and financial service company principles, philosophies, and operational concepts
• Strong interpersonal skills along with excellent written and verbal communication skills.
• Sound knowledge of BSA regulations, OFAC regulations, USA PATRIOT Act, Fraud Scenarios, Criminal Situations, and Internal Crimes
• Problem solving skills with the ability to define problems and propose solutions
• Required competency with Microsoft Office Suite, especially advanced use of Excel to manipulate data for analysis.

Responsibilities

• Perform suspicious activity monitoring and reporting
• Adhere to all BSA/AML and OFAC policies and procedures.
• Perform analytical reviews for suspicious activity or potential OFAC matches generated by various surveillance delivery channels to make a determination if further investigation is necessary or if a SAR is required.
• Ensure all SARs are prepared and filed with FinCEN on a timely basis.
• Make assessments of suspicious activity and collaborate on SAR decisions for reporting with management and the BSA Officer.
• Responsible for all aspects of the case investigations: Complete thorough and objective investigation reports, evaluation of evidence, recommendation on SAR or no SAR decision, preparation of supporting documentation, and completion of case file providing detailed notes and SAR narratives.
• Assist the BSA/AML Investigators Senior with BSA/AML and/or OFAC compliance related issues, procedures, as well as daily regulatory reporting.
• Utilizes available bank systems to monitor, process and analyze information and file required reports in an accurate and timely manner.
• Assist to sustain and further develop the BSA AML OFAC Program for the Bank
• Participates in compliance training and additional continuing education to maintain proficiency in the laws and regulations affecting financial institutions regarding BSA/AML and OFAC.
• Other responsibilities and projects as assigned by management, make recommendations on enhancements to BSA/AML policies and procedures; provide technical compliance support when issues or questions arise with various operating units; assist as an advisor in new product and/or service development.

Benefits

• competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance
• 401K, continuing education opportunities and an employee assistance program

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees