BSA Specialist III - Investigator
About The Position
The Specialist III - Investigator position is responsible for in-depth investigations that are escalated from the alerting and monitoring processes and from enterprise-wide referrals. Coverage includes enterprise-wide review of our accountholders and their transactions: looking for unusual or suspicious activity; investigating potential suspects and provide adequate documentation of identified cases; and is responsible for the completion of filing of suspicious activity reports when appropriate. The position supports the overall BSA compliance efforts as required under the Bank Secrecy Act and the Bank's BSA/AML/ USA Patriot Act and OFAC Compliance Program and Procedures.
Requirements
- One to three years plus in Bank Secrecy, Anti Money Laundering and OFAC
- Working knowledge of various laws, regulations and guidance as it relates to BSA, AML and OFAC
- Must possess critical thinking and problem solving skills
Nice To Haves
- Experience filing SARs preferred
- Experience with automated anti-money laundering software preferred specifically Actimize
- Bachelor's degree or equivalent preferred
Responsibilities
- Identify and analyze high-risk customers and other identified accounts for unusual and suspicious activity
- Provide accurate documentation of the suspicious activity and recommends appropriate actions
- Prepare and file Suspicious Activity Reports (SARs) and follow appropriate review, documentation and follow-up steps as outlined in Bank's BSA/AML Program
- Maintains confidentiality of reports and documentation as required by law
- Review legal requests and conduct account reviews from a BSA/AML/USA Patriot Act perspective
- Communicate internally to all lines of business to obtain additional information and further documentation to complete analysis of identified accounts, and provide recommendations for case resolution, including account closure
- Provide other assistance as requested to the BSA/AML Officers in the daily responsibilities of managing the Bank's BSA/AML and OFAC Compliance Program
Benefits
- Medical Insurance
- Dental
- Vision
- Life insurance
- Accidental death and dismemberment
- Short-term and long term Disability Insurance
- Parental Leave
- Employee Assistance Program (EAP)
- Traditional and Roth 401(k) with company match
- Flexible Spending Account (FSA)
- Employee Stock Purchase Plan at 5% discount
- Critical Illness Insurance
- Accident Insurance
- Transportation and Commuting Benefits
- Banking Benefits
- Pet Insurance
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Industry
Credit Intermediation and Related Activities
Number of Employees
5,001-10,000 employees
