Risk Specialist - Enhanced Due Diligence

Risk Specialist I
- Enhanced Due Diligence

Location:

On site in Memphis, TN, Johnson City, TN, Orlando, FL, Miami Lakes, FL, Asheboro, NC, Knoxville, TN, Longwood, FL

Summary:

The position is responsible for performing confidential research and investigations of money laundering and other financial crimes.

• Monitor all aspects of client relationships and conduct customer due diligence and enhanced due diligence when necessary.
• Analyze client account transactions to detect suspicious activity. Make decisions on appropriate action to take regarding the need for further investigation.
• Document the summary of investigative findings (e.g., copies of statements/checks, media search results, results from internal system searches, etc.) and prepare cases for review and approval by management.
• Provide risk rating recommendations to management for clients' relationships reviewed, by determining if client is low or potentially high risk.
• Onboarding
  - Review and Analyze prospect client(s) prior to onboarding.
• Support management teams, ensuring daily, weekly, and monthly activities are completed on time.
• Participate in exams/audits by assisting in gathering of data for federal regulators, state examiners, independent auditors, and law enforcement.
• Performs all other duties as assigned.

• High school diploma or GED and 0-4 years of experience or equivalent combination of education and experience
• Compliance and Risk Management Experience – 0
  -2 years of BSA experience.
• Banking experience preferred