AML/CFT Investigator

Job Summary

The AML/CFT Investigator is a member of the Compliance Team and is responsible for ensuring compliance with Federal Bank Secrecy and Anti-Money Laundering laws.

Essential Functions

• Investigate complex alerts regarding illegal transactions provided by third-party software and internal employees to aid in the detection and prevention of illicit financial crimes including, but not limited to, money laundering and financial terrorism.
• Responsible for compiling investigation data and dispositioning investigations.
• Acting as a subject matter expert and reference for other departments regarding questions involving investigations, case management, Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), new account/relationships laws and best practices.
• Collaborating with internal Wings departments to gather documentation necessary for case/investigation/alert disposition.
• Compiling and preparing complex Suspicious Activity Reports and narratives, including varying crime typologies. Must be familiar with FinCEN SAR typologies, including forms, documentation, and narrative notation.
• Monitor high-risk individuals/entities, utilizing BSA/AML software and risk-based controls to identify suspicious behavior and disposition as appropriate.
• Recommend relationship retention or termination and track account closures as required.
• Ongoing monitoring of BSA/AML software to ensure optimal alert quality, working with a team to improve and/or maintain alert quality.
• Participating in continuous ongoing subject matter training and achieving and holding an advanced BSA/AML and/or Fraud certification.
• Performs other duties as assigned.
  
  

Minimum Qualifications

• College degree preferred.
• A minimum of 3-5 years experience working in a financial intuition in BSA/AML, CFT or Fraud related fields required.
• 3 years of high risk BSA/ALM experience Customer Due diligence (CDD)/Enhanced Due Diligence (EDD) required.
• BSA/AML or Fraud advanced certification (CAMS or CFE preferred) or must be attainted within 6 months of employment.
• Proven knowledge of Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Counter-Financial Terrorism (CFT) compliance.
• BSA/AML/FRAML system experience required.
• Experience investigating and filing complex Suspicious Activity Report and narrative preparation.
• Experience with case/investigation pipeline management.
• Experience with high-risk monitoring.
• Must be familiar with Federal and State Laws and regulations applicable to credit unions/financial institutions.
• Strong decision-making, analytical, and investigative abilities with attention to detail and accuracy. Ability to execute risk-based decision making.
• Critical thinking skills to research, collect, and analyze complex or diverse information.
• Ability to proactively identify and assess potential concerns and risks and resolve issues.
• Demonstrated project management, organizational skills and ability to prioritize and multitask.
• Proficiency in Microsoft Office Suite, especially Word and Excel.
• Effective, verbal, written, and interpersonal communication skills with the ability to instruct others; train personnel; write reports, correspondence, and procedures; and speak clearly to customers and employees.
• Bondable
  
  

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position.

Pay Range: $72k-$92k plus 10% annual target bonus. The estimated hiring range is the budgeted amount for this position. Final offers are based on various factors, including skill set, experience, location, qualifications and other job-related reasons.

Benefits

• Generous 401(k) match
• 401k Discretionary Profit Sharing
• Health Insurance
• Dental Insurance
• Vision Insurance
• Life Insurance
• Short Term and Long Term Disability
• Health Savings Account with company contribution
• Employee Assistance Program
• Paid Vacation, Sick, Floating Holidays and Volunteer Time Off
• Paid Holidays
• Tuition Reimbursement
• Paid Parental Leave