AML Investigator II

• Review and analyze alerts generated by the Bank's electronic monitoring software to make a determination as to whether activity warrants further review. Review and analyze internal AML reports, draw conclusions and make recommendations regarding the need for further investigation.
• Conduct suspicious activity investigations and determine whether a Suspicious Activity Report is needed. Draft narrative for each case substantiating the decision/recommendation.
• Conduct due diligence reviews on high risk customers through analysis of customer activity compared to KYC documentation and internal/external information sources to determine if further due diligence is needed and/or change in risk disposition is warranted.
• Manage complex cases, reviews involving matters such as multiple relationship accounts and complex ownership structures.
• Draft and file Suspicious Activity Reports with FinCEN.
• Identify and analyze records of outside agencies to facilitate investigations including credit bureau records, police and court records.
• Make recommendations for exiting customer accounts/relationships based on investigation or CDD/EDD.
• Work with the AML management team to ensure the monitoring platform consistently addresses prevailing risk.
• Support management in the day-to-day compliance efforts with AML/KYC requirements.
• Analyze, plan and complete special projects assigned by the AML management.

Required Skills:

• Strong knowledge of Bank Secrecy Act, USA Patriot Act, OFAC and Suspicious Activity Reporting requirements and regulations.
• Excellent researching and analytical skills.
• Must have the confidence and ability to identify potential issues and solutions and work with management to resolve those issues.
• Strong time management skills and ability to prioritize and organize assignments.
• Excellent verbal and written communication skills.
• Ability to provide guidance and training to investigators within the department regarding AML, BSA and OFAC-related issues.
• Ability to interact and respond intelligently to inquiries from Internal Audit and bank regulators.
• Advanced skills in the use of Microsoft Word, Excel, Access, PowerPoint, Outlook and experience with on-line research systems including web-based tools.
• Team oriented and able to work independently.