Sr FCC Investigations Analyst
About The Position
We are looking for a Sr FCC Investigation Analyst to support the Bank’s AML Program. In this role, you will support various AML processes including, but not limited to, transaction monitoring alerts and case investigations, suspicious activity reporting, currency transaction reporting, sanctions (e.g., Office of Foreign Assets Control (OFAC)) alert reviews and non-sanctions (e.g., negative news and Politically Exposed Persons (PEPs)) alert reviews, and enhanced due diligence reviews. You will be responsible for reviewing and dispositioning alerts/cases by conducting research, documenting the cases/reviews, providing initial recommendations, and organizing and maintaining supporting documentation.
Requirements
- 2+ years in an AML, fraud, or financial crimes compliance role within a financial institution or financial services firm
- Bachelor’s degree in a related field; or equivalent work experience
- Demonstrated knowledge of investigative techniques and best practices
- Proficient knowledge of laws applicable to money laundering, including BSA, the USA PATRIOT Act, Financial Crimes Enforcement Network (FinCEN) requirements, SAR requirements, and OFAC regulations
- Ability to make decisions independently using sound judgment and work well under pressure
- Curiosity and drive to identify root causes; an investigative mindset that is supported by excellent research skills
- Excellent writing, analytical, decision making/problem solving and communication skills
- Ability to multi-task, remain organized and complete assignments in a timely fashion
- Prior experience preparing Suspicious Activity Reports and Enhanced Due Diligence Reviews required
Nice To Haves
- CAMS or other AML certification preferred
- Experience with SQL and AI fundamentals preferred
Responsibilities
- Perform first and second level review, analysis, and dispositioning of alerts and cases resulting from the automated transaction monitoring system, internally escalated referrals, law enforcement requests (e.g., 314(a) and subpoenas), adverse media, and 314(b)
- Produce complete and well-reasoned investigations that incorporate evidence from the Bank’s internal systems, the internet, and commercial databases
- Assess and analyze research results and conduct data analysis applying background knowledge and experience
- Draft and submit regulatory filings, including suspicious activity reports, currency transaction reports and continuing activity reports
- Review and disposition sanctions/non-sanctions alerts
- Identify trends/patterns, considering product and process impacts and report to Manager/Sr. Manager, FIU
- Determine investigative and data analytics approach, apply sound decision-making and discretion in making independent decisions that mitigate potential money laundering, fraud, and/or terrorist financing risk at each decision point throughout the investigation
- Conduct enhanced due diligence investigations of high-risk customers to identify activity that may not align with the customer due diligence profile
- Collaborate on ad-hoc projects or special assignments as determined by business needs
- Maintain current understanding of money laundering and terrorist financing issues, including policies and procedures, regulations, industry best practices/standards, money laundering/terrorist financing typologies and developing trends
- Perform all assigned duties in full compliance with regulatory requirements, risk management framework, and in accordance with internal policies and procedures
Benefits
- medical, dental and vision plans for employees and their families
- 401(k) match
- health and wellness programs
- flexible time off policies for salaried employees
- up to 16 weeks paid parental leave
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
1,001-5,000 employees
