AML BSA Risk Investigator

The FIU AML Risk Investigator (Investigator) serves as a subject matter expert performing a wide range of functions with a high level of difficulty and complexity into money laundering and financial crimes typologies, unusual activity, initial onboarding due diligence and ongoing periodic risk analysis.

• Conduct end-to-end reviews on higher risk customers, including periodic risk analysis, AML investigations, and suspicious activity reporting related to BSA/AML and Fraud.
• Utilize a variety of analytical techniques, including internal or external software systems, to make informed decisions concerning customer account transaction activity, account balances, and account status.
• Ensure suspicious or unusual transactions are appropriately identified, documented, and managed in accordance with Bank policies, procedures, and regulatory requirements.
• Partner with lines of business or individual account officers for additional information as needed.
• Manage and navigate complex investigations.
• Manage assignments to ensure work is completed in adherence to deadlines and quality expectations.
• Maintain subject matter expertise in federal and state laws, regulations, and guidance related to BSA/AML.
• Maintain a strong understanding of factors contributing to AML risks.
• Identify gaps and make procedural recommendations to strengthen the integrity of the BSA/AML Program specific to risk investigations.
• Review customers’ suitability for products and regulatory exemptions to provide recommendations to management.
• Make recommendations for exiting relationships based on AML risks, following up to ensure closures are performed as directed.
• Assist FIU Management with tracking metrics on a quarterly basis, identifying and escalating concerns upon review.
• Perform other duties as assigned by management.

• Bachelor’s degree in Criminal Justice, Business or a related field preferred.
• BSA/AML/Fraud Certification (CAMS, CAFP) preferred.
• 4 or more years of BSA / AML compliance, with focus in AML Risk strongly preferred.
• Experience with the Verafin transaction monitoring system preferred.
• Ability to identify potential AML, terrorist financing, Fraud related suspicious activity and articulate high-level findings both verbally and written, effectively to all levels of management.
• A thorough knowledge of financial crime trends and typologies with the practical application of investigative techniques and advanced knowledge of regulatory reporting requirements.
• Ability to make independent risk-based decisions supported by facts and documentation obtained through analysis and research.
• Ability to document processes, creating job-aids for assigned tasks to present to FIU management.
• Ability to clearly document and communicate risk(s) posed to the organization, driven by investigative findings.
• Advanced written, oral, data analytics, and interpersonal skills with high attention to detail and strong analytical, problem solving and logical reasoning.
• Ability to work independently or in a group setting while taking ownership of assignments.
• Must be able to meet all deadlines for assigned tasks.
• Ability to convey ideas concisely and clearly.
• Advanced PC skills, proficient in word and excel.
• A strong working knowledge of AML transaction monitoring systems and processes.