LMCU · 1 month ago
AML Investigator
Grand Rapids, MI
Full-time
Onsite
Entry, Mid Level
2+ years expLMCU is a credit union that emphasizes a fulfilling career for its employees. The AML Investigator role involves ensuring compliance with the Bank Secrecy Act through transaction monitoring, investigating suspicious activity, and preparing Suspicious Activity Reports.
BankingFinanceFinancial ServicesNon Profit
Responsibilities
Utilize standard procedure and independent judgment to investigate and analyze customer account activity in a timely manner
Review suspicious activity alerts from a variety of sources, including but not limited to: AML monitoring software, referrals from branches and back-office 'member facing' departments, and other BSA teammates, to accurately distinguish suspicious activity from false positive alerts
Create well documented and organized findings to write justification summaries for false positive decisions made
Use well documented and organized findings to make recommendations to BSA Management regarding the filing of SAR cases
Prepare all aspects of documentation retention and SAR form for review for submission to FinCEN, which includes accurately and concisely explaining customer and activity in narrative form
Use AML software to investigate, rate, and monitor high risk members and/or high-risk activity based on LMCU's risk appetite
Document well organized findings according to procedure
Maintain and update personal knowledge of AML rules, regulations, laws, and best practices
Performs other tasks or duties as needed to support AML/BSA/Compliance team
Qualification
Required
Previous compliance experience, preferably in BSA / AML
Two or more years in a banking environment
A two-year college degree or completion of a specialized course of study at a business or trade school equivalent to approximately 64 credit hours
Analytical/Investigative skills to understand expected activity for individual members/member entities
Highly organized with attention to detail to ensure full and complete review of member alert and database of reviews/trends
High degree of accuracy and detail-oriented
Knowledge of financial crimes and how they are perpetrated
Understanding of businesses and anticipated or expected transactions for business accounts
Proficient computer skills including experience using software systems and MS applications
Ability and willingness to understand and apply additional software and regulatory reference materials
Ability to work in a collaborative environment as well as independently
Able to self-initiate activity review and research
Effective time-management skills and the ability to prioritize multiple tasks with competing timelines (multitask)
Demonstrated knowledge of banking, including internal structure of credit union and elements of credit union operations and service
Demonstrated in-depth knowledge of the Bank Secrecy Act and AML rules and regulations
Strong ability to understand specific BSA/AML, recognize solutions to mitigate risks and adapt to automation or other changes as implemented
Must have good working knowledge of Symitar, Application Extender/OnBase, and Image Center
Benefits
Comprehensive health coverage including medical (with prescription)
Dental
Vision
HSA match
Paid parental leave
Tuition reimbursement
Weekly pay
Retirement savings options
Company
LMCU
You’ll enjoy a rewarding, professional environment where you’ll be encouraged to innovate and excel.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Peter Dann
Chief Financial Officer
Dharmesh Patel
COO - Southwest Florida Region
Recent News
2025-10-09
2025-07-25
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