Financial Crimes Investigator I

Stock Yards Bank & Trust•Louisville, KY

19h•Onsite

About The Position

As a Financial Crimes Investigator, you will perform AML and/or Fraud alert/case reviews, seeking to minimize risks associated with financial crimes and suspicious activity. Supports the mission, vision and philosophy of the Bank. Complies willingly with all organizational policies and procedures. Supports all functions that maintain compliance with regulatory agencies.

Requirements

High School Diploma or GED Equivalent
Minimum 2 years of banking experience; or equivalent combination of education and financial industry experience
Minimum 1 year of current financial crime investigations or monitoring preferred
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
Capability to communicate and collaborate with all levels of management and employees
Strong planning and organizational skills; must demonstrate good analytical and problem-solving skills in an ever-changing environment
Strong PC skills (Excel and Word)
Sound judgment and decision-making
Ability to define problems and propose solutions
Ability to work independently with limited direction from supervisor
Ability to maintain a high level of confidentiality

Nice To Haves

College Degree preferred
CAMS, CFE, CAFP or similar desired

Responsibilities

Responsible for researching, analyzing and investigating potentially suspicious activity related to money laundering and terrorist financing and other forms of financial crime from system generated alerts and internal referrals to ensure suspicious transactions are identified within specified timeframes and escalated for further review as necessary
Conducts comprehensive case investigations which includes analyzing transaction information, reviewing customer data, researching open source and media checks, and recommending a SAR or no SAR be filed
Prepares quality investigative documentation which includes detailed case notes and attachments of internal and external research
Conducts ongoing monitoring and reviews on customers deemed high-risk and escalates suspect activity to management as needed
Recommends and implements risk mitigation strategies aimed at protecting the bank and customers from financial loss
Performs recovery-related tasks and communications
Maintains all client, system, investigation, and departmental information in a confidential and compliant manner
Assists the Financial Crimes Manager with ongoing financial crime issues and inquiries
Communicates with branch staff, other internal departments, and customers to obtain additional information and documentation as needed
Other Duties as assigned