Financial Crimes Investigator I

Stock Yards Bank & Trust • Louisville, KY

2d • 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. This role supports the mission, vision, and philosophy of the Bank, and ensures compliance with regulatory agencies. The investigator is responsible for researching, analyzing, and investigating potentially suspicious activity related to money laundering, terrorist financing, and other forms of financial crime. This includes analyzing transaction information, reviewing customer data, conducting open-source research, and recommending whether to file a Suspicious Activity Report (SAR). The role also involves ongoing monitoring of high-risk customers, implementing risk mitigation strategies, and performing recovery-related tasks. Communication with internal departments and customers may be required to gather information.

Requirements

• High School Diploma or GED Equivalent
• Minimum 2 years of banking experience; or 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
• 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
• Ability to navigate AML software and its related functions

Nice To Haves

• College Degree preferred
• Minimum 1 year of current financial crime investigations or monitoring 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

Benefits

• 401(K) with a 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