BSA/AML Investigator

Regions Bank•Hoover, AL

12h•Onsite

About The Position

At Regions, the Financial Intelligence Unit (FIU) Investigator conducts thorough investigations of potentially suspicious activities, including money laundering, fraud, and other financial crimes. The role performs a variety of investigative functions to support BSA/AML compliance, handles basic to moderately complex investigations, prepares case narratives, reviews case completeness and accuracy, and determines whether a suspicious activity report (SAR) should be filed. The position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.

Requirements

High School Diploma or GED.
One (1) year of related experience.
Basic knowledge of Private Banking, Wire Transfers, BSA/AML, OFAC, and FinCEN-related laws and regulations.
Experience with search engines, case management systems, databases, and similar automation platforms.
Ability to manage multiple priorities.
Ability to work under pressure and meet deadlines.
Familiarity with the Bank's mainframe systems and applications.
Proficiency in Microsoft Office, including Excel, Word, PowerPoint, and Outlook.
Strong attention to detail and accuracy.
Strong decision-making and problem-solving skills.
Strong interpersonal and negotiation skills.
Strong verbal and written communication and organizational skills.

Nice To Haves

Bachelor's degree in Business, Criminal Justice, Finance, or another related field.
Experience in Financial Crimes/BSA/AML, fraud, law enforcement, or corporate security.
Experience analyzing customer financial activity.
Certified Anti-Money Laundering Specialist (CAMS), Certified Fraud Examiner (CFE), or other applicable certification.
Strong presentation skills are an asset.

Responsibilities

Perform investigative functions to assist BSA/AML with compliance with Anti-Money Laundering program requirements.
Investigate basic, non-complex financial crimes and suspicious activity, including report fraud, money laundering, and other illicit activities.
Prepare narratives summarizing investigation analysis.
Review cases for completeness and accuracy.
Determine whether a suspicious activity report (SAR) is required to be filed.
Ensure compliance with approved BSA/AML policies and procedures, including case documentation.
Conduct basic to moderately complex financial investigations without assistance.