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The Bancorp · 1 week ago

FCRM Investigations and Reporting Analyst II (Hybrid)

Wilmington, DE

Full-time

Hybrid

Senior Level

5+ years exp

The Bancorp is a financial services company that is seeking a FCRM Investigations and Reporting Analyst II. This role involves investigating and analyzing complex potential anti-money laundering and fraudulent transactions, preparing Suspicious Activity Reports, and escalating cases to the appropriate authorities.

BankingFinanceFinancial ExchangesFinancial ServicesPayments

Responsibilities

Conducts financial forensic investigations on AML (Anti-Money Laundering) 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

Escalates and coordinates cases with law enforcement as applicable. Obtains information and assistance from 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

Provides feedback, input, and suggestions on 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 regulationsSuspicious Activity ReportsTransaction monitoringMicrosoft 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

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

Experience in writing and preparing Suspicious Activity Reports (SARs) in accordance with applicable regulatory requirements