AML Investigator II

Our AML Investigators handle the monitoring, reporting, investigation and research of potential suspicious activity related to anti-money laundering and terrorist financing along with other activities for BSA/AML related issues within the centralized business units, by performing the following duties under the direction of the AML Investigation Manager.

BSA/OFAC Anti-Money Laundering Duties:

• Primary responsibility is to understand potential suspicious activity alerts that are generated either systematically or through the use of manual monitoring tools. This may also include, but not be limited to referrals from branch personnel, 314(a), 314(b), negative media searches or potential OFAC matches.
• Working alerts to make determinations if case is required, and then to further determine SAR/No SAR decisions as appropriate, and within department and regulatory guidelines.
• Working Cases to conclusion - whether completing 'no SAR' or drafting and filing SAR as necessary.
• As needed, filing continuing activity SARs within regulatory timelines, ensuring compliance with internal and regulatory requirements.
• Assisting with "Know Your Customer" and suspicious activity monitoring and investigation processes to bring pertinent issues to the attention of the Unit Supervisor for investigation.
• Assisting with OFAC screening and investigation processes to bring pertinent issues to the attention of the BSA/AML Officer and Investigations Manager.
• Working with AML Investigations Manager as well as other members of the AML team on UAT of potential alerting scenarios in the Development environment, prior to launching rules in Production.

• Participating in special BSA/AML monitoring reviews and educational visits with business units upon request or if a need for targeted training is identified through monitoring reports, internal audits, examinations, or customer complaints.

Assisting with:

• Preparation of updates to BSA/AML Manual.
• Developing corporate BSA/AML communications.
• Monitoring environmental conditions for new/revised laws.
• Developing/reviewing employee training materials.
• Researching and answering BSA/AML questions from First Bank employees.
• Representing the BSA/AML team on company-wide projects as assigned and promoting collaboration between AML and functional business units of the organization.
• Providing direct assistance and support to other Corporate Compliance personnel, and other areas of the company as deemed necessary.

• Bachelor's degree (B.A. or B.S.), with a major, minor, or supporting course work in: Accounting, Business, Economics, or Finance from four-year college or university;
• Minimum eight years related experience and/or training, preferably in the financial services industry; or equivalent combination of education and experience;
• At least one year of experience in AML suspicious activity investigation.
• CAMS Certification preferred, or the ability (and qualifications) to obtain within 12 months of hire date.
• Proficiency in Word, Excel, Internet, and E-mail are required.
• Ability to learn new applications, such as Access, ACL or Visio.