Financial Crimes BSA/AML Investigator

Regions Bank • Hoover, AL

32d • Remote

About The Position

At Regions, the Financial Crimes Bank Secrecy Act (BSA)/Anti-Money Laundering (AML) Investigator completes thorough Financial Crimes Unit (FCU) BSA/AML investigations of potentially suspicious activities including money laundering, terrorist financing, fraud, and other financial crimes. Associates at this level are considered analytical or procedural experts capable of making and supporting difficult decisions and making suggestions for overall process improvements, when necessary. The Day-to-day focus of this role is on resolution of complex problems or transactions, where expertise is required to interpret against policies, guidelines, or processes.

Requirements

• Bachelor’s degree and five (5) years of Financial Crimes/BSA/AML, financial investigations or loss prevention/fraud experience
• Or High School Diploma or GED and nine (9) years of Financial Crimes/BSA/AML, financial investigations or loss prevention/fraud experience
• Advanced knowledge of Private Banking, Wire Transfers, BSA/AML, OFAC, and FinCEN related laws and regulations
• Advanced knowledge of AML laws (e.g. USA Patriot Act), regulations (e.g. Federal, SEC, FINRA), and their applications to the supported products/LOBs
• Experience with search engines, open-source data, 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 (Excel, Word, PowerPoint, Outlook, etc.)
• Strong attention to detail and accuracy
• Strong decision-making and problem-solving skills
• Strong interpersonal and negotiation skills
• Strong presentation skills are an asset
• Strong verbal, written communication, and organizational skills

Nice To Haves

• Bachelor's degree in Business, Criminal Justice, Finance, or other related field
• Advanced financial investigations experience in Financial Crimes/BSA/AML, fraud, law enforcement, or corporate security
• Previous experience in other FCU BSA/AML areas is a plus
• Experience analyzing complex customer financial activity
• Certified Anti-Money Laundering Specialist (CAMS), Certified Fraud Examiner (CFE), or other applicable certifications
• Advanced experience investigating complex and high-profile cases
• Certified Anti-Money Laundering Specialist (CAMS), Certified Fraud Examiner (CFE), or similar Certification

Responsibilities

• Performs a variety of highly complex investigative functions to assist FCU BSA/AML with compliance of all Anti-Money Laundering program requirements
• Takes responsibility for investigating suspicious activity, reporting money laundering, terrorist financing, and other illicit activities
• Prepares comprehensive detailed narratives summarizing the analysis of investigations and reviews all cases for completeness and accuracy
• Determines whether a suspicious activity report (SAR) is required to be filed
• Ensures compliance with approved policies and procedures related to BSA/AML including case documentation
• Offers advice and guidance to junior investigators, assisting in the development of necessary skills and the promotion of continuous improvement initiatives
• Leads projects that contribute to workflow or process change and redesign
• Quickly and confidently identify trends and patterns of activity which fall outside the bank’s collected EDD/KYC records
• Identify trends and changes in financial activity indicating fraud or money laundering
• May work with local and federal law enforcement partners for case resolution

Benefits

• Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates.
• Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.
• Paid Vacation/Sick Time
• 401K with Company Match
• Medical, Dental and Vision Benefits
• Disability Benefits
• Health Savings Account
• Flexible Spending Account
• Life Insurance
• Parental Leave
• Employee Assistance Program
• Associate Volunteer Program
• Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time.
• To learn more about Regions’ benefits, please click or copy the link below to your browser. https://www.regions.com/about-regions/welcome-portal/benefits

What This Job Offers

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