Financial Crimes Investigator Jobs

About The Position

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 of how changes affect FIU management.
• Thorough working knowledge of risk-indicator trends involving 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 the ability to identify and define issues, establish facts, analyze moderately complex information, and develop 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 and handle time-critical situations.
• Demonstrated proficiency with basic computer applications, such as Microsoft Office.
• Ability to work independently.

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.
• 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 other 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 relevant information.
• Analyze customer transactions to assess the legitimacy of the business and its transactions and determine whether activity is commensurate with the business entity.
• Communicate research findings, conclusions, and recommendations to FIU leadership, including independent recommendations to maintain or exit a relationship.
• Contact Relationship Managers, branch associates, and others to gather client information; serve as a point of contact for BSA-related questions and provide ongoing second-level support to regional contacts and business units.
• Support the development and maintenance of internal process manuals documenting business-unit activities.
• Conduct link analysis, data mining, and analytics.
• Use research and transaction-monitoring tools.
• Provide information for regulatory and analytical reports.
• Maintain knowledge of applicable current and proposed BSA/AML laws and regulations, particularly those concerning 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 through press releases, real-time monitoring, law-enforcement relationships, watch lists, and other relevant sources to mitigate reputational 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, eligibility for a defined benefit pension plan, restricted stock units, and/or deferred compensation plan