Financial Crimes Investigator I

Stock Yards Bank & Trust • Louisville, KY

2d

About The Position

The Financial Crimes Investigator I performs anti-money-laundering (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, including system-generated alerts and internal referrals. Investigations must identify suspicious transactions within specified timeframes and escalate them when necessary.

The investigator conducts comprehensive case reviews by analyzing transaction information, reviewing customer data, and researching open sources and media. They recommend whether a Suspicious Activity Report (SAR) should be filed and prepare detailed investigative documentation, including case notes and supporting research. The role also monitors high-risk customers, recommends risk-mitigation strategies, performs recovery-related tasks and communications, and protects confidential client, system, investigation, and departmental information.

The position supports the bank’s mission and compliance with organizational policies and regulatory requirements. It also assists the Financial Crimes Manager with financial crime issues and inquiries and communicates with branch staff, internal departments, and customers to obtain information and documentation as needed. The work is primarily sedentary and performed in an office environment. Hours of operation are Monday through Friday, 8:00 a.m. to 6:00 p.m., with a weekend on-call rotation.

Requirements

• High school diploma or GED equivalent.
• At least 2 years of banking experience, or an equivalent combination of education and financial industry experience.
• Knowledge of AML/CFT and related regulations governing banking.
• 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 direction from a supervisor.
• Ability to maintain a high level of confidentiality.
• Ability to navigate AML software and related functions.

Nice To Haves

• College degree preferred.
• At least 1 year of current financial crime investigations or monitoring experience preferred.
• CAMS, CFE, CAFP, or similar certification desired.

Responsibilities

• Research, analyze, and investigate potentially suspicious activity related to 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, and researching open sources and media.
• Recommend whether a SAR or no SAR should be filed.
• Prepare quality investigative documentation, including detailed case notes and attachments of internal and external research.
• Conduct ongoing monitoring and reviews of customers deemed high-risk, escalating 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 requirements.
• Support the bank’s mission, vision, and philosophy and comply with organizational policies and procedures.
• Support functions that maintain compliance with regulatory agencies.
• 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 as needed.
• Perform other duties as assigned.

Benefits

• 401(k) with company match of up to 6%.
• ESOP employer match.
• Medical insurance.
• Dental insurance.
• Vision insurance.
• Cancer/disease insurance.
• Accident insurance.
• Flexible Spending Accounts.
• Flexible Savings Accounts.
• Health Savings Accounts.
• Bank-paid Life/AD&D insurance.
• Voluntary Life/AD&D insurance.
• Bank-paid Short-Term and Long-Term Disability insurance.
• Employee Stock Purchase Plan.
• Employee Assistance Program.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED