Anti- Laundering Specialist in Mesa, Arizona

External Fraud Investigator

Duration: 6-Months

Hourly Pay: $28.54/hr

Location:

Tempe, AZ

Position Notes:

• Working hours are 8:00 AM - 5:00 PM initially. After training, hours may become more flexible based on business and trainer needs.
• Important:
  Resumes should reflect candidates' authentic experience. Do not alter or inflate candidate experience to match the job description.
• Candidates should understand that SAR experience/knowledge is crucial to this role.
• There is no preference regarding the specific companies candidates have previously worked for.

Suspicious Activity Report (SAR) is a confidential compliance document filed by financial institutions under the Bank Secrecy Act (BSA) to alert authorities about potentially illegal financial activity. SARs document transactions or behaviors that may indicate money laundering, terrorist financing, fraud, or other financial crimes.

Responsibilities:

• Investigate one or multiple fraud typologies, including external fraud, elder and vulnerable adult financial exploitation, technology-related fraud, organized fraud rings, and anti-money laundering, based on business needs within Fraud Investigations.
• Investigate fraud cases in accordance with established policies and procedures.
• Perform thorough account transaction analysis to identify suspicious or fraudulent activity and determine appropriate action.
• Review consumer and commercial DDAs, loans, lines of credit, debit and credit cards, technology products, and investment products.
• Maintain thorough and accurate case notes documenting all required actions chronologically within the case management system.
• Conduct and document interviews with witnesses, victims, and subjects, as appropriate.
• Report investigative findings to the appropriate Fraud Investigations designee, including recommendations for SAR or no-SAR determinations.
• Prepare complete and accurate SARs for filing.
• Identify matters requiring escalation to management and/or law enforcement.
• Ensure accurate case completion for all case resolutions before submission to the appropriate Fraud Investigations designee for closure approval.
• Participate in and comply with required continuing education and training.
• Maintain compliance with the U.S. Bank Code of Ethics and applicable Anti-Money Laundering, Bank Secrecy Act, information security, and suspicious activity reporting requirements, policies, and procedures.
• Understand and adhere to internal suspicious activity referral requirements and processes.

Preferred Qualifications:

• Bachelor's degree or equivalent work experience.
• 2-3 years of experience in an applicable risk management environment.
• Certified Fraud Examiner (CFE) or other professional fraud certification.
• Experience interviewing suspects and/or victims.

Preferred

Skills & Experience:

• SAR writing and quality assurance experience.
• Prior investigation experience.
• Prior law enforcement experience.
• Prior financial or banking sector experience.
• Prior accounting or auditing experience.
• Computer/digital forensic skills.
• Strong analytical skills.
• Strong proficiency in MS Excel and MS Word.
• Excellent written and verbal communication skills.
• Ability to maintain high levels of confidentiality and data security standards.
• Ability to handle multiple complex assignments concurrently.
• Strong time-management skills and a high degree of initiative.
• Demonstrated positive attitude with a results-oriented approach.
• Proven track record of meeting tight deadlines.
• Experience and comfort working through change.

General

Job Description:

Responsible for fulfilling Anti-Money Laundering (AML) and Bank Secrecy Act (BSA) requirements through the identification and investigation of suspicious activity. Analyze customer account transactions to detect suspicious activity and determine appropriate actions. Work collaboratively with business lines to establish procedures for identifying suspicious customer transactions, particularly those related to money laundering, including appropriate methods for reporting such activity to the AML group.

Provide guidance, support, and recommendations to business lines regarding customer AML risk ratings and account activity. Based on investigation findings, determine whether a Suspicious Activity Report (SAR) should be filed with the federal government for identified suspicious activity. Collaborate with internal departments, financial institutions, and local, state, or federal authorities to obtain and analyze necessary information.

About Us:

Russell Tobin is a leading minority-owned professional and technical recruitment and staffing advisory organization. We are comprised of specialized practices focusing on a variety of skill sets and industries. With extensive industry expertise, our subject matter experts provide tailored and swift sourcing solutions to fulfill client hiring needs. In other words, we connect top talent with companies. We are the staffing arm of the Pride Global network, a minority-owned integrated human capital solutions firm, with additional offerings in vendor…