Job description

• Research, analyze, and investigate high risk customer/commercial account behavior for potential Money Laundering or Terrorist Financing related suspicious activity in accordance with Bank policies and procedures. Responsibilities include, but are not limited to:
• Experience with Fraud investigations
• Experience with FINCEN for filing SAR
• Must have QA experience
• Must be expert in KYC and Onboardings
• Reviewing triggering activity in SAS or other transaction monitoring systems/reports
• Verifying customer risk rating in Bank systems
• Performing transactional review and analysis
• Performing Negative Media scan using tools such as Internet search engines and LexisNexis
• Retrieving and Reviewing customer documents (onboarding documents, check images, etc) from Bank systems to support case
• Experience with and knowledge of Retail and Commercial Banking, .Correspondent banking knowledge is a must
• Prior experience in using industry-standard AML tools including, but not limited to SAS, Mantas, Norkom, LexisNexis, WorldCheck and various Case Management tools
• Preparing electronic case files with complete and accurate data
• Determine whether a SAR should be filed and drafting narrative for each case substantiating the decision/recommendation
• Write SARs
• Manage complex cases involving matters such as multiple relationship accounts, tiered and multi-faceted transactions; international wires involving Bank designated high risk jurisdictions, and complex cash structuring schemes.
• Partner with Bank staff, as necessary, in researching and investigating cases
• Make recommendations for closing customer accounts/relationships based on investigation
• Work with Team Leader to collate metrics and other data as requested

Key responsibilities

• Bachelors’ degree or the equivalent in work experience with 6+ years’ experience in performing AML investigations, performing quality assurance on investigators
• CAMS certification preferred
• Thorough knowledge of AML/BSA rules and regulations
• Experience with and knowledge of Retail and Commercial Banking, .Correspondent banking knowledge is a must
• Advanced Excel is must
• Prior experience in using industry-standard AML tools including, but not limited to SAS, Norkom, LexisNexis, WorldCheck and various Case Management tools
• Proficient personal computer skills and mastery of Excel and MS Word
• Excellent written, verbal communication and presentation skills
• Strong analytical abilities and problem-solving skills
• Exceptional ability to multi-task and prioritize projects
• Willingness to work under tight deadlines while maintaining quality and compliance with policies and procedures
• Ability to coordinate and work collaboratively with internal and external contacts on a daily basis
• Record of achieving results in self and in fellow team members
• Must have knowledge and experience to anticipate, identify and resolve problems
• Must possess self-motivation and organizational skills

Job Type: Full-time
Salary: $45.00 per hour