BSA/AML Investigator - UT, AZ, NV (In Office)

Zions Bancorporation • Midvale, UT

1d • Onsite

About The Position

Zions Bancorporation is seeking a BSA/AML Investigator to join their team. This position is full-time and in-office, located at the Zions Technology Center in Midvale, UT. The role involves conducting investigations of customer activity, writing suspicious activity reports, and documenting findings in accordance with established procedures and quality expectations. The investigator will communicate with various stakeholders, including branch managers, department managers, and the Regional BSA Officer, to research and investigate cases. A key responsibility is to ensure the accurate and timely completion of Suspicious Activity Reports (SARs) and to maintain necessary records in the case management system. The investigator will also make recommendations for closing account relationships and escalate identified risks to leadership. This role requires staying current on Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) investigative operations, regulatory expectations, and requirements related to the BSA and USA PATRIOT Act.

Requirements

• Requires a bachelor's degree in Intelligence Studies, Accounting, Finance or related field and 1+ years of Bank Secrecy Act and/or AML compliance processes, procedures and regulations or other directly related compliance experience.
• Basic working knowledge of BSA/AML Compliance as it applies to suspicious activity for money laundering, terrorist financing and fraud.
• Basic understanding of complex financial transactions and business relationships and relationships between business entities.
• Knowledge of AML/BSA Regulatory compliance processes, procedures and regulatory changes pertaining to the Bank Secrecy Act and USA PATRIOT Act and as well as it's effects downstream (and upstream).
• Good understanding of bank operations as it relates to the flow of funds through financial institutions.
• Good understanding of high risk business entities and the inherently higher risk to the bank for high risk customers, AML and terrorist financing red flags related to the identification of suspicious activity.
• Good knowledge of high risk transactions, fraud risks and typologies.
• Ability to meet deadlines, work independently and adapt to changing priorities.
• Good analytical skills, customer service and communication skills, both verbal and written.
• Ability to manage deadlines, be organized, detail-oriented and high degree of accuracy.
• Ability to write and translate complex situations into easily understood narratives.
• Ability to be an independent thinker and to handle confidential, delicate and/or sensitive information or situations.
• Strong PC skills desired with an emphasis in MS Excel and Word.

Nice To Haves

• Financial crime investigation experience preferred.
• A combination of education and experience may meet requirements.
• Relevant Professional Certification; Association of Certified Anti-Money Laundering Specialists (ACAMS), Associate of Certified Fraud Examiners (ACFE) or Association of Certified Financial Crime Specialists (ACFCS) is a plus.

Responsibilities

• Conduct investigations of customer activity and complete investigations work in accordance with SLAs while meeting Quality Assurance expectations for accuracy.
• Write concise conclusions for investigative review findings, concise and accurate suspicious activity reports in accordance with procedures.
• Prepare and thoroughly document factual findings in an accurate and timely manner.
• Ensure accurate completion of Suspicious Activity Reports (SAR).
• Communicate with branch and department managers, as necessary, in researching and investigating cases.
• Communicate with Regional BSA Officer during case investigation when warranted.
• Document results of investigations in the case management system and compiles data and maintains necessary records and files to assure efficient and consistent reporting of investigations.
• Make recommendations for closing account relationships to the Investigations management.
• Escalate identified risks to team leadership.
• Meet SLAs for the completion of investigations.
• Use various bank systems to conduct research of customer transaction activity including the case management system.
• Keep current on BSA/AML investigative operations and the application of the BSA and USA PATRIOT Act requirements.
• Remain current on regulatory expectations and requirements related to the Bank Secrecy Act, USA PATRIOT act and other related regulations.
• Perform other duties as assigned.

Benefits

• Medical, Dental and Vision Insurance - START DAY ONE!
• Life and Disability Insurance, Paid Parental Leave and Adoption Assistance
• Health Savings (HSA), Flexible Spending (FSA) and dependent care accounts
• Paid Training, Paid Time Off (PTO) and Paid Federal Holidays, and any applicable state holidays
• 401(k) plan with company match, Profit Sharing, competitive compensation in line with work experience
• Mental health benefits including coaching and therapy sessions
• Tuition Reimbursement for qualifying employees enrolled in an accredited degree program related to the needs of the business, maximum of $5,250 per calendar year, employees are eligible for the program upon hire
• Employee Ambassador preferred banking products

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level