Financial Crimes Investigator

Univest Financial Corp

Financial Crimes Investigator

US-PA-Souderton

Job ID : 6457

Type : Full Time

of Openings : 1

Category : Corporate

Univest Financial Corporation

Overview

Univest Financial Corporation (UVSP), has approximately $8.2 billion in assets and $5.3 billion in assets under management and supervision (as of September 30, 2024). Headquartered in Souderton, Pa. and founded in 1876, the Corporation and its subsidiaries provide a full-range of financial solutions for individuals, businesses, municipalities and nonprofit organizations in the Mid-Atlantic Region. For nearly 150 years, Univest has stayed true to our philanthropic spirit and the strength of our Committed To Local giving program is one of the things that differentiates us. In 2023, Univest donated $2.4 million to our local nonprofits and our employees volunteered more than 13,100 hours.

At Univest we invest in the success of our employees and customers. We offer our employees the ability to be their authentic selves, while fostering a culture and an environment that inspires change and inclusivity. Seeking career-focused individuals, looking to bring passion and creativity to drive change. Our employees are encouraged to work collaboratively and embrace innovation to deploy needs based financial solutions in the communities we serve.

We're hiring a Financial Crimes Analyst to join our Souderton based Risk Team.

Responsibilities

Review and reconcile Currency Transaction Reports (CTRs) submitted by the bank's Financial Centers ensuring all reports are complete, accurate, and filed in accordance with regulatory expectations

Conduct CTR Exemption annual reviews and make recommendations regarding which customers qualify for exemptions

Review various reports related to Customer Identification Program (CIP), Know Your Customer (KYC), Office of Foreign Asset Control (OFAC), Beneficial

Ownership, and the sale of monetary instruments

Assist the BSA / AML Supervisor in performing Periodic Risk Reviews of the Bank's higher risk customers

Conduct customer investigations upon receipt of third-party inquiries such as 314(b) information sharing requests, Grand Jury Subpoenas, Search Warrants, etc.

Assist with performing Enhanced Due Diligence (EDD) and conduct regular on-site visits of higher risk customers including but not limited to money service business and customers with privately owned ATMs to obtain a thorough understanding of the entity, their transactions, and patterns of activities

Conduct Beneficial Ownership reviews to ensure complete and accurate information is collected in accordance with FinCEN's final rule on customer due diligence

Identify opportunities to improve the effectiveness and / or efficiency of policies, procedures and / or processes and make the appropriate recommendations to management

Follow all BSA policies and procedures with your work aligning with the best practices for a complex financial institution

Responsible for compliance with laws and regulations that apply to this position including the Univest Code of Conduct

Perform other duties as assigned

Qualifications

Bachelor's degree in Criminal Justice, Business Administration, Accounting, or Finance and / or up to two (2) years of prior banking or Financial Crimes

Compliance experience, preferably in a BSA / AML or fraud capacity

Highly analytical with strong written and verbal communication skills

Highly organized with a high level of attention to detail, an ability to follow tight regulatory guidelines and 'think out of the box'

Ability work independently and effectively manage time with minimal supervision

Proficient in Microsoft Office applications (Excel, Word, etc.)

Wage Range :

The salary for this position ranges from $50,000.00 to $60,000.00 annually

Benefits Overview :

Univest offer's a comprehensive benefits package that includes :

• Health Insurance : Medical, dental and vision coverage (single or family; begins the first of the month following start date)
• Retirement Plan : Participation in 401(k) plan with up to a 3% employer match after 6 months of employment
• Paid Time Off (PTO) : 15 days annually (prorated your first year)
• Short Term Disability : 10 days annually of sick time with a doctors note (prorated your first year)
• Holiday Time Off : 11 paid holidays
• Commissions : paid quarterly based on individual and team production
• We offer company paid life insurance : as well as other supplemental insurances
• Tuition reimbursement
• Employee Wellness programs : including fitness club discounts and fitness tracker discounts / annual reimbursement
• Discounts : on loan products
• Professional development trainings

Click here for Benefit Information

Univest

LI-Hybrid

An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

Please see job description

PI260140481

Salary : $50,000 - $60,000