AML Investigator II

First Bank • Creve Coeur, MO

7h

About The Position

Our Anti-Money Laundering (AML) Investigator I handles the monitoring,
reporting, investigation and research of potential suspicious activity related
to anti-money laundering and terrorist financing along with other activities for
BSA/AML related issues, by performing the following duties under the direction
of the AML Team Leader.

In this Role You Will:

BSA/OFAC Anti-Money Laundering Duties:

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.
Depending on alert volumes and caseloads of the team, may also assist in the
SAR creation and filing process as needed.
Assist with -Know Your Customer- and suspicious activity monitoring and
investigation processes to bring pertinent issues to the attention of the AML
Team Leader for investigation.
Assist with OFAC screening and investigation processes to bring pertinent
issues to the attention of the AML Team Leader.
Participate in special BSA/AML monitoring reviews with business units upon
request or if a need for targeted monitoring is identified.

Assists with:

Prepares updates to BSA/AML Manual.
Represent the BSA/AML team on company-wide projects as assigned and promoting
collaboration between AML and functional business units of the organization.
Research and answer BSA/AML questions from First Bank employees.
Provide direct assistance and support to other Corporate Compliance
personnel, and other areas of the company as deemed necessary.

Requirements

• 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
• A minimum of four 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 Outlook is required
• Possess an ability and willingness to learn new applications as needed

Nice To Haves

• CAMS Certification preferred, or the ability (and qualifications) to obtain within 12 months of hire date Successful experience with Verafin Financial Crime Management is a plus
• Multi-lingual, a plus
• U.S. Military Veterans are encouraged to apply

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.
• Depending on alert volumes and caseloads of the team, may also assist in the SAR creation and filing process as needed.
• Assist with -Know Your Customer- and suspicious activity monitoring and investigation processes to bring pertinent issues to the attention of the AML Team Leader for investigation.
• Assist with OFAC screening and investigation processes to bring pertinent issues to the attention of the AML Team Leader.
• Participate in special BSA/AML monitoring reviews with business units upon request or if a need for targeted monitoring is identified.
• Prepares updates to BSA/AML Manual.
• Represent the BSA/AML team on company-wide projects as assigned and promoting collaboration between AML and functional business units of the organization.
• Research and answer BSA/AML questions from First Bank employees.
• Provide direct assistance and support to other Corporate Compliance personnel, and other areas of the company as deemed necessary.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level