Financial Crimes Sr Investigator

Senior Investigator, Financial Intelligence Unit (FIU) – Truist

Participates in end‑to‑end suspicious activity investigation and reporting process which entails timely monitoring, identification, investigation, and when appropriate; reporting of suspicious financial and/or fraudulent activity, to include money laundering, terrorist financing, fraud and/or any other financial risk or crime. As part of this process, the Financial Intelligence Unit (FIU) develops and implements automated transaction monitoring rules, reports and other processes designed to identify activity potentially indicative of criminal behavior;

investigates potentially suspicious financial activity; and when appropriate files suspicious activity reports (SARs) with Financial Crimes Enforcement Network (FinCEN), part of the U.S. Department of Treasury and/or refers matters to Truist's Financial Crimes Program Management for review and reporting, as necessary. The FIU performs a critical role in ensuring that Truist complies with the Bank Secrecy and USA PATRIOT Acts as well as regulations set forth by Treasury's Office of Foreign Assets Control (OFAC) and provides law enforcement with key information for the investigation and prosecution of money laundering, terrorist financing and other criminal activity.

A Senior Investigator in the FIU performs critical functions in the enterprise‑wide suspicious activity monitoring, identification, investigation, and reporting process and is a critical touch point within the entire BSA/AML function of the FIU.

• Conduct timely, comprehensive investigations of customers by utilizing CIP information, occupation, line of business, income methods, transaction activity and other information.
• Analyze customer transaction activity to ascertain legitimacy of the business and the business transactions, ensuring that the transaction activity is commensurate with the nature of the business entity.
• Communicate results of analysis and/or research to appropriate Financial Intelligence Unit (FIU) leadership including conclusions and recommendations for next steps. Prepare written analysis of research findings and make independent recommendations to maintain or exit the relationship as warranted.
• Communicate with Relationship Managers, branch associates and others as needed to gather additional client information. Act as a point of contact for BSA‑related questions and support. Assist regional contacts and business units with on‑going second level support.
• Support the development and maintenance of internal process manuals that fully document and outline all pertinent activities in the business unit.
• Conduct link analysis, data mining and analytics.
• Utilize a wide variety of research and transaction monitoring tools.
• Provide information for various regulatory and analytical reports.
• Maintain strong knowledge of all applicable current and proposed Bank Secrecy Act (BSA)/Anti‑Money Laundering (AML) laws and regulations, specifically as they apply to money laundering, terrorist financing and OFAC.
• Participate in BSA/AML training that may include webinars, periodicals and self‑study in order to stay abreast of the BSA/AML laws and regulations.
• Maintain awareness of national and world events and industry trends through press releases, real‑time monitoring, and collaborative relationships with law enforcement, internal or external watch lists or other relevant sources to mitigate the company's reputation or regulatory risk.

• College Degree or equivalent education, training and work‑related experience
• Six years of banking, financial industry or related experience; preferably in a branch, audit, compliance or commercial lending related capacity
• Strong knowledge and experience with BSA regulations and related compliance requirements, including reporting and record retention requirements and understanding of how changes in those regulations or compliance requirements affect FIU management
• Thorough working knowledge of the risk indicator trends in money laundering, terrorist financing or other related financial crime and the ability to position…