Financial Crimes Investigator I

Truist Bank • Charlotte, NC

2d • Onsite

About The Position

Provide internal and external preliminary investigations into potentially fraudulent and/or suspicious activities and other high-risk transactions, not excluding money laundering and terrorist financing, with an emphasis on data management, risk management and loss prevention analysis. Ensure full compliance with applicable laws and regulations, by investigating, analyzing and decisioning related cases, reports and alerts according to stated policy and procedure. Position will be office centric in one of the locations listed. No other locations will be considered. No remote option available.

Requirements

• Bachelor's degree or equivalent education and related training.
• Three - Four years of banking, financial industry or related experience; preferably in a branch, audit, compliance or lending-related area.
• Strong knowledge and experience with BSA regulations and related compliance requirements, including reporting and record retention requirements, and understanding of how changes in those regulations or compliance requirements affect Financial Crimes.
• Thorough working knowledge of the risk indicator trends in money laundering, terrorist financing and fraud, and the ability to position processes to ensure mitigation of those risks at Truist.
• Strong investigative research and documentation skills
• Strong analytical and critical thinking skills
• Ability to work in a high-stress, fast-paced and rapidly changing environment with time-critical situations
• Demonstrated proficiency in basic computer applications such as Microsoft Office software products
• Excellent verbal and written communication skills; ability to communicate effectively with senior leadership, and line of business managers and external entities

Nice To Haves

• Three years of experience in investigation, law enforcement, or lending role
• Working knowledge of user acceptance testing including planning, development and execution of test cases
• Experience with BSA transaction monitoring or case management applications

Responsibilities

• Conduct timely, comprehensive investigations of customers, noncustomers and/or teammates by utilizing all available information.
• Research transactional anomalies and analyze information produced to detect any patterns of unusual internal or external conduct, identify risk policy breakdowns, and recognize fraudulent activities.
• Communicate results of analysis and/or research to appropriate departmental leadership including conclusions and recommendations for next steps.
• Communicate with Relationship Managers, branch associates and others as needed to gather additional client information. Act as a point of contact for case or alert questions and support.
• Responsible for detecting fraud, suspicious transactions or those in violation of applicable BSA/AML/OFAC laws and regulations.
• Participate in BSA/AML/OFAC and/or Fraud related training that may include webinars, periodicals and self -study in order to stay abreast of any related changing laws and regulations.
• Serve as subject matter experts in their respective roles (fraud, BSA/AML, OFAC) for other teams supporting the same function.

Benefits

• All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position.
• Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates.
• Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays.
• Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees