AML Investigator

The AML Investigator conducts investigations ranging from routine to complex involving suspected Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) violations related to current or prospective customers, as well as internal matters. The investigator is responsible for managing AML investigations through completion, including SAR/No SAR decision-making and SAR filing, as applicable.

Qualifications

High School Diploma/GED required. Bachelor’s Degree in Criminal Justice or other related field preferred Minimum 1 year experience in AML/BSA/Financial Crime environment required.

Previous investigative experience with financial institution or law enforcement agency preferred. Experience with mainstream Suspicious Activity Monitoring software with Nasdaq Verafin software experience a plus Solid understanding of AML/BSA regulations is a plus.

The ability to proficiently and effectively navigate multiple software systems simultaneously. Must be able to independently identify AML/CFT red flags and conduct root cause analysis.

Excellent written and verbal skills necessary to interact and communicate with various levels of internal and external clients.

Must be able to effectively work independently or in a team environment. Excellent time management and organizational skills with the ability to manage and prioritize multiple tasks to meet predetermined deadlines. Strong problem solving skills. Possess the ability to compile, review, and analyze information and data, and make independent decisions.

Principle Activities And Duties

Work on cases that are assigned or generated by Anti Money Laundering software by reviewing, analyzing account data and complex transactions. Exercise awareness in regards to suspicious activity, money laundering or fraudulent behavior as it relates to cash transactions and overall transaction activity.

Make investigative decisions that will best determine if suspicious activity is occurring Review AML Alerts/Cases with BSA Officer on a routine basis as part of the SAR/No SAR decision making process Complete No SAR narratives Maintain SAR meeting Agenda’s Complete SAR form and SAR narratives for alerts/cases in line with regulatory standards Work with BSA Officer to ensure all SARS are filed in a timely manner Complete all associated documentations for alerts/cases as defined in procedures. Understand industry trends and fraud type trends Assist in projects as necessary as it relates to AML alert tuning and creation of new alerts, as well as audit requests and other projects are required. May be asked to perform other duties as required by business needs All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing, and monitoring the risk they encounter daily as required by Dollar Bank’s risk management program. Compliance with regulatory laws and company procedures is a required component of all position descriptions.