FIG Investigator

S&T Bank•Main Office, CA

1d•$16 - $33•Onsite

About The Position

The FIG Investigator assists the Senior Financial Intelligence Group (FIG) Investigator II with investigations of unusual or suspicious activity. The role helps ensure S&T Bancorp, Inc. operates in accordance with federal and state laws and regulations related to the Bank Secrecy Act (BSA), Anti-Money Laundering (AML) rules, the USA PATRIOT Act, the Anti-Money Laundering Act of 2020, and the Office of Foreign Assets Control (OFAC), protecting the Bank from legal and compliance, reputational, and transaction risks. The investigator maintains knowledge of applicable laws, rules, regulations, policies, and procedures, as well as current money laundering, terrorist financing, and other financial crime methodologies and emerging trends. Under the direction of the Senior FIG Investigator II, the role assists with suspicious activity investigations, preliminary research and analysis, monitoring alerts and cases, preparing findings, and responding to law enforcement and government requests. It also supports identification of risks and procedural or training weaknesses, and uses automated monitoring applications and other computer tools to perform and report investigative work.

Requirements

Four-year college degree or equivalent.
CFE and/or CAMS certification is required to be obtained after hire.

Nice To Haves

One to two years of specialized experience in fraud investigations preferred.

Responsibilities

Maintain knowledge and understanding of relevant laws, rules, regulations, policies, and procedures applicable to the role, along with current money laundering, terrorist financing, and other financial crime methodologies and emerging trends.
Assist with identifying risk, including control assessments, as directed.
Assist with suspicious activity investigations.
Assist the Senior FIG Investigator II in communicating and ensuring corrective actions for identified procedural or training weaknesses.
Conduct preliminary research, analysis, and investigation of suspicious activity cases, including money laundering, terrorist financing, and fraud, as directed and in accordance with corporate policies, procedures, and U.S. federal regulations.
Prepare preliminary analysis and findings of suspicious account activity for a lead investigator on complex cases.
Collect documentation for law enforcement and court research requests related to suspicious activity report (SAR) filings.
Review Section 314(a) law enforcement requests and scan operational information to determine whether a target exists; assist with reporting to the federal government.
Review alerts and cases from the automated monitoring system, disposition them appropriately, and create case files when necessary for the Senior FIG Investigator II.
Use computer tools, including automated software monitoring applications, to perform, monitor, and report activities.
Perform tasks with accuracy, initiative, interpersonal skills, and confidentiality.
Maintain effective working relationships with bank employees, work independently, and contribute as a team player.
Perform additional duties as required.