The Bancorp Bank

FIU Investigations Analyst

US-DE-Wilmington
Type
Regular Full-Time

Overview

Investigate and analyze potential anti-money laundering and fraudulent transactions and document findings up to and including filing Suspicious Activity Reports and escalating cases to the proper government enforcement authorities.

Responsibilities

  1. Conduct financial forensic investigations on AML cases involving complex transaction patterns. Case sources include internal applications, referrals from business lines, law enforcement and department intelligence.
  2. Determine and pursue 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.
  3. Independently assess risk represented by the customer and/or the activity in which the customer has engaged.
  4. Prepare Suspicious Activity Reports (SAR) in compliance with established regulatory guidelines and time frames.
  5. Communicate findings, status, open issues and other AML-related items to management regularly.
  6. Conduct periodic internal account/customer reviews to identify potentially suspicious activity.
  7. Completely and accurately document steps taken through the investigation escalation process.
  8. Interface with bankers to obtain information related to their client’s transaction activity.
  9. Interview customers during the investigative and fact finding processes as needed.
  10. Escalate and coordinate cases with law enforcement as applicable. Effectively obtain information and assistance from appropriate law enforcement agencies, peer banks, and other external groups on AML issues and cases.
  11. Work closely with internal groups to ensure understanding of SAR and investigative requirements.
  12. May provide training, coaching and review work of other analysts or investigators as a dual control as needed.
  13. Provide feedback, input 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.
  14. Perform other related duties as assigned.

 

 

Qualifications

Education/Experience:

  • An undergraduate degree in a related field or an equivalent combination of training and experience.
  • A minimum of 2 – 3 years related transaction monitoring or investigative experience in AML or Fraud

Other Qualifications:

  • Strong working knowledge of AML and KYC rules and regulations with exposure to SARs documentation
  • Excellent verbal, written, and interpersonal communication skills
  • A team player able to work effectively in a team fostered, multi-tasking environment
  • Proficient in Microsoft Office suite, e.g. Excel, PowerPoint, Word, Outlook

 

“The Bancorp is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, among other things, or status as a qualified individual with disability." 

 

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