BSA Investigator – CDD​/EDD Specialist

BSA Investigator I – CDD/EDD Specialist page is loaded## BSA Investigator I – CDD/EDD Specialist locations:
Abilene Maintime type:
Full time posted on:
Posted Todayjob requisition :
JR102531

Address We’re always looking for bright individuals to join our growing organization. As a part of the First Financial Family, we will invest in your development and provide a dynamic work environment where you’re challenged, valued and empowered every day. We strive to be the best destination for the industry’s top talent, creating a diverse, collaborative workplace that celebrates innovation and change.

We are one team, working together to get things done.

Job Description:

Office

Location:

Abilene, Texas, United States
** SCOPE/CONTACTS:
** The BSA Investigator I is responsible for conducting investigations with a focus on risk-based Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) reviews to ensure compliance with the Bank Secrecy Act (BSA), USA PATRIOT Act, Anti–Money Laundering (AML) regulations, and OFAC requirements. The role includes analyzing new and existing customer relationships, identifying and documenting risk, reviewing unusual or suspicious activity, conducting investigations, and escalating matters as appropriate

The position works closely with the BSA Manager, BSA team members, and business-line partners to ensure customer risk is accurately assessed, documented, and monitored throughout the customer lifecycle.
*
* ESSENTIAL FUNCTIONS:

**** Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD)
** The incumbent will be responsible for the following:
* Conduct CDD and EDD reviews for new and existing customers, including, but not limited to, higher-risk customer types such as legal entities, cash-intensive businesses, MSBs, and customers with complex ownership structures.
* Review and analyze customer-provided documentation, including business descriptions, beneficial ownership information, source of funds or wealth, and expected account activity.
* Verify customer identity and business legitimacy using internal systems and external research tools and public records.
* Assign and document customer risk ratings in accordance with established BSA/AML policies and procedures.
* Monitor, track, and complete periodic reviews of high-risk customers to ensure timely and accurate documentation.
** Investigations and Risk Analysis
*** Review and investigate unusual or potentially suspicious customer transactions and activity.
* Analyze transactional behavior to determine consistency with the customer’s stated purpose and expected activity.
* Identify red flags, inconsistencies, or indicators of potential money laundering, fraud, or other illicit activity.
* Document findings, analysis, and conclusions in the case management system clearly and thoroughly
* Escalate matters to the BSA Manager or BSA Officer when enhanced review, ongoing monitoring, or SAR filing consideration is required.
*
* MINIMUM QUALIFICATIONS:

**
* ** Education**:
Bachelor’s degree preferred, or equivalent relevant experience.
* ** Certifications**: CAMS Certification preferred; willingness to obtain certification within 12 months of hire.
* *
* Experience:

**  + Minimum of five years of experience in BSA/AML, compliance, fraud investigations, or related financial crimes roles.  + Banking or financial services experience preferred.
* ** Knowledge and

Skills:

**  + Working knowledge of BSA/AML regulations, including CDD/EDD requirements.  + Strong analytical, research, and problem-solving abilities.  + Good written communication skills, including experience drafting investigative narratives.  + Ability to handle delicate and/or sensitive situations and be able to use and apply basic principles, theories, and concepts. Knowledge of Verafin Anti-Money Laundering software preferred.  + Possess good command of the English language, both written and verbal, and the ability to effectively communicate with all levels within the organization.  

+ Possess good investigative and interviewing techniques.  + Ability to manage multiple priorities and meet deadlines in a dynamic environment  + High attention to detail, accuracy, and documentation quality.  +…