Senior AML / CFT Compliance Analyst - Fraud SAR Investigations (Remote)
Overview
This is a remote role that may be hired in several markets across the United States This role is responsible for conducting complex Fraud SAR Investigations of unusual activity in a high volume, fast paced environment. The position requires the ability to independently investigate complex qualitative and quantitative information and perform data analysis to ensure compliance with Anti-Money Laundering (AML) and Counter-Financing of Terrorism (CFT) regulations. This role combines investigative skills and analytical capabilities to identify, assess, and mitigate financial crime risks. Investigation findings will be documented in a clear and concise manner to be submitted within required deadlines. The analyst will have the ability to not only maintain their own work but provide guidance and expertise to their peers for investigations. Excellent written and verbal communication skills are necessary to interact and communicate with various levels of team members and management. The AML / CFT Compliance Analyst must be a subject matter expert (SME) with common financial institution AML and fraud typologies, including but not limited to first party fraud, account takeover, check fraud, ACH fraud, wire fraud, and P2P fraud. Prior AML / BSA experience identifying and documenting typologies including but not limited to structuring and the movement of high velocity transactions is also required. Additionally, the Analyst must be an SME with Suspicious Activity Reporting (SARs) and arriving at the appropriate investigative determinations.
Responsibilities
- Analyze complex data sets to identify trends, patterns, and potential risks.
- Produces thorough but concise documentation of investigative findings including activity analysis, and decision rationale.
- Communicates effectively with law enforcement, internal partners, and management.
- Prepare comprehensive Suspicious Activity Reports (SARs) and due diligence reviews in accordance with federal regulations. Develop detailed investigation reports, case summaries, and risk assessments.
- Assists management with various projects including but not limited to procedure updates, management of daily task flows, identifying and remediating process gaps
Qualifications
Bachelor's Degree and 2 years of experience in Experience in AML / CFT compliance, investigations, or related field; Strong understanding of BSA / AML regulations, OFAC, and KYC requirements; Experience with AML / CFT software, data analytics tools, and case management systems OR High School Diploma or GED and 6 years of experience in Experience in AML / CFT compliance, investigations, or related field; Strong understanding of BSA / AML regulations, OFAC, and KYC requirements; Experience with AML / CFT software, data analytics tools, and case management systems
Preferred Qualifications
- 5+ years banking / financial institution experience
- In depth knowledge of Fraud and AML / BSA Investigations
- In depth knowledge of First-Party Fraud, Account Takeover, Check Fraud, ACH Fraud, Wire Fraud, P2P Fraud, Suspicious Activity Reports (SARs), and conducting investigations.
- Certification / License or Certification Type : CAMS, ACFE, or similar.
This job posting is expected to remain active for 5 days from the initial posting date listed above. If it is necessary to extend this deadline, the posting will remain active as appropriate. Job postings may come down early due to business need or a high volume of applicants. The base pay for this position is generally between $70,000 and $100,000. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and / or other awards as outlined in the offer of employment. Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at benefits.
- Analyze complex data sets to identify trends, patterns, and potential risks.
- Produces thorough but concise documentation of investigative findings including activity analysis, and decision rationale.
- Communicates effectively with law enforcement, internal partners, and management.
- Prepare comprehensive Suspicious Activity Reports (SARs) and due diligence reviews in accordance with federal regulations. Develop detailed investigation reports, case summaries, and risk assessments.
- Assists management with various projects including but not limited to procedure updates, management of daily task flows, identifying and remediating process gaps
Bachelor's Degree and 2 years of experience in Experience in AML / CFT compliance, investigations, or related field; Strong understanding of BSA / AML regulations, OFAC, and KYC requirements; Experience with AML / CFT software, data analytics tools, and case management systems OR High School Diploma or GED and 6 years of experience in Experience in AML / CFT compliance, investigations, or related field; Strong understanding of BSA / AML regulations, OFAC, and KYC requirements; Experience with AML / CFT software, data analytics tools, and case management systems
Preferred Qualifications
- 5+ years banking / financial institution experience
- In depth knowledge of Fraud and AML / BSA Investigations
- In depth knowledge of First-Party Fraud, Account Takeover, Check Fraud, ACH Fraud, Wire Fraud, P2P Fraud, Suspicious Activity Reports (SARs), and conducting investigations.
- Certification / License or Certification Type : CAMS, ACFE, or similar.
This job posting is expected to remain active for 5 days from the initial posting date listed above. If it is necessary to extend this deadline, the posting will remain active as appropriate. Job postings may come down early due to business need or a high volume of applicants. The base pay for this position is generally between $70,000 and $100,000. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and / or other awards as outlined in the offer of employment. Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at benefits. Apply tot his job Apply To this Job