Financial Crimes Investigator I

Stock Yards Bank & Trust•Louisville, KY

1d•Onsite

About The Position

The Financial Crimes Investigator I performs AML and/or fraud alert and case reviews to help minimize risks associated with financial crimes and suspicious activity. The role researches, analyzes, and investigates potentially suspicious activity involving money laundering, terrorist financing, and other financial crimes, and ensures activity is identified within required timeframes and escalated when necessary. Investigations include reviewing transaction and customer information, conducting open-source and media research, documenting findings, and recommending whether a Suspicious Activity Report (SAR) should be filed. The investigator also monitors high-risk customers, recommends risk mitigation strategies, performs recovery-related work, and maintains confidential and compliant records. The position supports the Financial Crimes Manager and collaborates with bank staff, internal departments, and customers to obtain information and documentation. The role operates Monday through Friday, 8:00 a.m. to 6:00 p.m., with an on-call weekend rotation. It is primarily sedentary work in an office environment.

Requirements

High school diploma or GED equivalent.
Minimum of 2 years of banking experience, or an equivalent combination of education and financial industry experience.
Knowledge of AML/CFT and related banking regulations.
High degree of accuracy and attention to detail.
Ability to function in a multi-task environment.
Ability to communicate and collaborate with all levels of management and employees.
Strong planning and organizational skills, with analytical and problem-solving ability in an evolving environment.
Strong PC skills, including Excel and Word.
Sound judgment and decision-making skills.
Ability to define problems and propose solutions.
Ability to work independently with limited supervisor direction.
Ability to maintain a high level of confidentiality.
Ability to navigate AML software and its related functions.

Nice To Haves

College degree.
Minimum of 1 year of current financial crime investigations or monitoring experience.
CAMS, CFE, CAFP, or similar certification.

Responsibilities

Research, analyze, and investigate potentially suspicious activity involving money laundering, terrorist financing, and other financial crimes from system-generated alerts and internal referrals.
Identify suspicious transactions within specified timeframes and escalate them for further review as needed.
Conduct comprehensive case investigations, including analyzing transaction information, reviewing customer data, conducting open-source and media checks, and recommending whether to file a SAR.
Prepare quality investigative documentation, including detailed case notes and attachments of internal and external research.
Conduct ongoing monitoring and reviews of high-risk customers and escalate suspect activity to management as needed.
Recommend and implement risk mitigation strategies to protect the bank and customers from financial loss.
Perform recovery-related tasks and communications.
Maintain client, system, investigation, and departmental information confidentially and in compliance with applicable requirements.
Assist the Financial Crimes Manager with ongoing financial crime issues and inquiries.
Communicate with branch staff, internal departments, and customers to obtain additional information and documentation.
Perform other duties as assigned.
Support the bank's mission, vision, and philosophy; comply with organizational policies and procedures; and support functions that maintain regulatory compliance.