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The Bancorp · 14 hours ago

FCRM Investigations and Reporting Analyst I (Hybrid)

Greater Sioux Falls Area

Full-time

Hybrid

Mid Level

3+ years exp

The Bancorp is a financial institution seeking an FCRM Investigations and Reporting Analyst I. This role involves investigating and analyzing potential Anti-Money Laundering (AML) and fraudulent transactions, documenting findings, and preparing Suspicious Activity Reports (SARs).

BankingFinanceFinancial ExchangesFinancial ServicesPayments

Hiring Manager

Patrick Johnson

Responsibilities

Conducts financial forensic investigations on Anti-Money Laundering (AML) cases involving complex transaction patterns, including those derived from internal escalations, referrals from business lines, law enforcement requests, and department intelligence

Determines and pursues the best investigative approach for each unique case, ensuring material risk factors are addressed in compliance with AML department policies and regulatory expectations

Writes and prepares Suspicious Activity Reports (SAR), following established regulatory guidelines and time frames

Documents steps taken through the investigation escalation process through supporting research and data

Communicates findings, status, open issues, and other AML-related items to management regularly

Interfaces with internal and external partners to obtain information, as needed, on questionable transaction activity

Works closely with internal groups to ensure understanding of SAR and investigative requirements

Provides feedback, input, and suggestions on Know Your Customer (KYC) issues, acting as a subject matter expert on the operations and processes to streamline and improve function effectiveness

Performs other duties as assigned

Qualification

Transaction monitoringKYCAML regulationsSuspicious Activity ReportsMicrosoft OfficeCommunication skillsTeam player

Required

Undergraduate degree in a related field preferred. Otherwise, a non-related undergraduate degree and combination of training and experience will be considered

3 years of transaction monitoring, KYC, sanctions, fraud, or investigative experience in BSA/AML