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First Bank · 2 days ago

AML Investigator II

Creve Coeur, MO

Full-time

Hybrid

Senior Level, Lead/Staff

$64K/yr - $80K/yr

8+ years exp

First Bank is a growing institution committed to its employees and clients. The AML Investigator II will monitor, report, investigate, and research potential suspicious activity related to anti-money laundering and terrorist financing, ensuring compliance with regulatory requirements.

BankingFinanceFinancial Services

Responsibilities

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

Work 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

Work Cases to conclusion - whether completing -no SAR- or drafting and filing SAR as necessary

As needed, file continuing activity SARs within regulatory timelines, ensuring compliance with internal and regulatory requirements

Assist with -Know Your Customer- and suspicious activity monitoring and investigation processes to bring pertinent issues to the attention of the Unit Supervisor for investigation

Assist with OFAC screening and investigation processes to bring pertinent issues to the attention of the BSA/AML Officer and Investigations Manager

Work 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

Participate 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

Preparation of updates to BSA/AML Manual

Develop corporate BSA/AML communications

Monitor environmental conditions for new/revised laws

Develop/review employee training materials

Research and answer BSA/AML questions from First Bank employees

Represent the BSA/AML team on company-wide projects as assigned and promote collaboration between AML and functional business units of the organization

Provide direct assistance and support to other Corporate Compliance personnel, and other areas of the company as deemed necessary

Qualification

AML investigation experienceCAMS CertificationBSA/OFAC knowledgeFinancial services experienceExcelCommunication skillsTeam collaborationProblem-solving skillsAdaptability

Required

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

Proficiency in Word, Excel, Internet, and E-mail are required

Ability to learn new applications, such as Access, ACL or Visio