Financial Crimes Senior Investigator I

Truist•Atlanta, GA

About The Position

The Financial Crimes Senior Investigator I participates in the end-to-end suspicious activity investigation and reporting process, including timely monitoring, identification, investigation, and, when appropriate, reporting of suspicious financial or fraudulent activity such as money laundering, terrorist financing, and fraud. The Financial Intelligence Unit (FIU) develops transaction-monitoring rules, reports, and processes; investigates potentially suspicious activity; and, when appropriate, files Suspicious Activity Reports (SARs) with FinCEN or refers matters to Financial Crimes Program Management. The FIU supports Truist’s compliance with the Bank Secrecy Act, USA PATRIOT Act, and Office of Foreign Assets Control regulations, and provides information to law enforcement. The Senior Investigator is a key contributor to enterprise-wide suspicious activity monitoring, investigation, and reporting and to the FIU’s BSA/AML function.

Requirements

College degree or equivalent education, training, and work-related experience.
Six years of banking, financial-industry, or related experience; branch, audit, compliance, or commercial-lending experience is preferred.
Strong knowledge and experience with BSA regulations and related compliance requirements, including reporting and record-retention requirements, and understanding how regulatory or compliance changes affect FIU management.
Thorough working knowledge of risk indicators and trends in money laundering, terrorist financing, or other financial crime, and the ability to position processes to mitigate those risks.
Strong analytical and critical-thinking skills, including identifying and defining issues, establishing facts, analyzing moderately complex information, and developing substantiated conclusions with minimal supervision.
Strong investigative research and documentation skills.
Excellent verbal and written communication skills, including the ability to communicate with senior leadership, line-of-business managers, and external entities such as federal examiners.
Ability to work in a high-stress, fast-paced, rapidly changing environment with time-critical situations.
Demonstrated proficiency in basic computer applications, such as Microsoft Office.
Ability to work independently.
English fluency is required.

Nice To Haves

Master’s degree in Business or a related field, or graduation from BB&T (now Truist) Banking School or another widely recognized banking school.
Eight years of experience in investigation, law enforcement, or commercial lending.
Experience with BSA transaction-monitoring or case-management applications.
Knowledge of SAR filing requirements.
Strong practical or management experience in investigative functions related to current and proposed BSA/AML and USA PATRIOT Act laws and regulations, particularly those concerning money laundering, terrorist financing, and OFAC.
Certified Regulatory Compliance Manager (CRCM), Certified Anti-Money Laundering Specialist (CAMS), or another specialized compliance education or professional designation.

Responsibilities

Conduct timely, comprehensive customer investigations using CIP information, occupation, line of business, income methods, transaction activity, and other available information.
Analyze customer transaction activity to assess the legitimacy of the business and its transactions and whether activity is commensurate with the nature of the business entity.
Communicate analysis and research results, conclusions, and recommendations to FIU leadership; prepare written findings and independently recommend maintaining or exiting relationships as warranted.
Contact Relationship Managers, branch associates, and others to gather client information; serve as a contact for BSA-related questions and provide ongoing second-level support to regional contacts and business units.
Support development and maintenance of internal process manuals documenting business-unit activities.
Conduct link analysis, data mining, and analytics.
Use a variety of research and transaction-monitoring tools.
Provide information for regulatory and analytical reports.
Maintain knowledge of applicable current and proposed BSA/AML laws and regulations, including requirements related to money laundering, terrorist financing, and OFAC.
Participate in BSA/AML training, including webinars, periodicals, and self-study.
Monitor national and world events and industry trends using press releases, real-time monitoring, law-enforcement relationships, watch lists, and other relevant sources to mitigate reputation and regulatory risk.

Benefits

Medical insurance
Dental insurance
Vision insurance
Life insurance
Disability insurance
Accidental death and dismemberment coverage
Tax-preferred savings accounts
401(k) plan
At least 10 days of vacation during the first year, prorated based on hire date and full-time or part-time status
10 sick days, prorated
Paid holidays
Depending on position and division, the job may also be eligible for a defined benefit pension plan, restricted stock units, and/or a deferred compensation plan.