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The Bancorp · 1 week ago

FCRM Investigations and Reporting Analyst III (Hybrid)

Greater Sioux Falls Area

Full-time

Hybrid

Senior Level

6+ years exp

The Bancorp is a financial institution that is seeking an FCRM Investigations and Reporting Analyst III. This role involves investigating and analyzing complex potential anti-money laundering and fraudulent transactions, preparing Suspicious Activity Reports, and collaborating with various stakeholders to ensure compliance with regulatory guidelines.

BankingFinanceFinancial ExchangesFinancial ServicesPayments

Responsibilities

Conducts financial forensic investigations on AML cases involving complex transaction patterns. Case sources include internal applications, referrals from business lines, law enforcement and department intelligence

Determines and pursues the best investigative approach for each unique case, ensuring that key questions are addressed, and that compliance AML department policies and regulatory expectations are satisfied

Assesses risk represented by the customer and/or the activity in which the customer has engaged

Prepares Suspicious Activity Reports (SAR) in compliance with established regulatory guidelines and time frames

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

Interfaces with internal stakeholders to obtain information related to their client’s transaction activity

Sends requests for information during the investigative and fact-finding processes, as needed

Escalates and coordinates cases with law enforcement as applicable. Effectively obtains information and assistance from appropriate law enforcement agencies, peer banks, and other external groups on AML issues and cases

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

Trains and works across FCRM departments as needed including one or more of the following areas: Sanctions, KYC, or Surveillance and Monitoring

Provides feedback, inputs and suggestions on AML (Anti-Money Laundering) and 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

BSA/AML knowledgeKYC experienceSuspicious Activity ReportsTransaction monitoringFraud investigationTrainingMicrosoft Office proficiencyMentoringCommunication skills

Required

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

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