Account Risk Analyst II

Job Highlights

• Title: Account Risk Analyst II
• Type: Full Time
• Experience: 3 Years
• Function: Account Analysis
• Location: Fishers, IN, United States
• Company: First Internet Bank

First Internet Bank provides a full range of online banking services, including personal and business accounts, loans, and mortgages. Their digital-first approach offers convenient, secure financial solutions nationwide.

The bank is searching for an Account Risk Analyst II who will be responsible for reviewing data utilizing a broad range of technical skill sets combined with AML/KYC/Investigative knowledge in order to proactively monitor new and existing account relationships to prevent or minimize financial, reputational, and other crime risks to the Bank.

Review alerts in the Bank’s BSA/AML/Fraud and Sanctions monitoring software system(s) to identify potentially suspicious and fraudulent activity.

Provide support for anti-money laundering and OFAC compliance.

Perform process analysis to identify changes in regulations, operational processes, or systems and make recommendations for procedural and process changes.

• High School Diploma (credible)

• Minimum: 3 years of account risk analysis, or equivalent, along with at least 1 year of specialized experience in BSA/AML/OFAC compliance
• Experience in the financial services industry
• Solid understanding of AML software and technology
• Microsoft Office experience (required)
• Experience in analyzing data, conducting fraud investigations, and summarizing conclusions, including problem-solving and investigative skills

• Assist in fraud investigations by reviewing and investigating potentially fraudulent activity.
• Assist in supporting current and future product and process migrations by providing insight and analysis.
• Assist in technical system functions to ensure compliance with OFAC and 314(a) processes.
• Assist with identifying automation, gap analysis, and process improvements to ensure compliance with all regulations and the identification of suspicious activity.
• Provide training to internal departments as required.
• Responsible for contributing to the documentation of processes, procedures, and training materials.
• Responsible for customer account reviews, ensuring compliance with CIP, CDD, and Beneficial Ownership regulations; perform EDD on designated customer account relationships.
• Review ACH trial deposits daily to identify and return potentially fraudulent transfers.
• Reviews and researches new customer account applications referred by internal Bank departments to identify fraudulent account applications.
• Suspicious Activity Identification – Research, document, and close or escalate alerts in the Bank’s BSA/AML/Fraud software within documented time frames. Investigate suspicious activity, create cases, and make recommendations for SAR filings to the SAR Committee.
• Perform other duties as assigned.

• Attention to detail
• Excellent problem-solving skills
• Knowledge of fraud detection
• Proficient in data analysis tools
• Strong analytical skills

• Must be able to move throughout the office and buildings to obtain or relay information
• Must be able to perform the essential functions of the position with or without reasonable accommodation
• Primarily a sedentary position requiring long periods of working at a computer
• Professional office setting

• 3 Weeks Paid Vacation Plus Paid Holidays
• 401(k) Retirement Plan with Generous Match
• Business Apparel Allowance
• Medical, Dental, and Vision Insurance
• Paid Volunteer Time
• Professional Development Reimbursement

First Internet Bank is an Equal Opportunity Employer.