FIU AML BSA Risk Investigator (Hybrid) (Richmond, VA or Columbia, MD)

FIU AML BSA Risk Investigator (Hybrid) (Richmond, VA or Columbia, MD)

The FIU AML Risk Investigator (Investigator) serves as a subject matter expert performing a wide range of functions with a high level of difficulty and complexity into money laundering and financial crimes typologies, unusual activity, initial onboarding due diligence and ongoing periodic risk analysis. A strong understanding and interpretation upon review of subpoenas / law enforcement requests is required. The Investigator will possess independent decision-making skills to determine if and when to initiate or reply to an Information Sharing (314b) request. This position will have operational responsibilities for accurately evaluating AML risk and taking the appropriate action to protect the company against risk of money laundering and terrorist financing activity in partnership with FIU leadership including required regulatory reporting.

Position Accountabilities

• Conduct end-to-end reviews on higher risk customers including but not limited to periodic risk analysis, AML investigations, and suspicious activity reporting related to BSA / AML and Fraud.
• Utilizes a variety of analytical techniques, which may include internal or external software systems, to make informed decisions concerning customer account transaction activity, account balances, and account status.
• Ensures suspicious or unusual transactions are appropriately identified, documented, and managed in accordance with Bank policies, procedures, and regulatory requirements.
• Partners with lines of business (LsOB) or individual account officers for additional information as needed.
• Manage and navigate complex investigations
• Managing assignments to ensure work is completed in adherence to deadlines and quality expectations
• Maintain Subject Matter Expertise in federal and state laws, regulations, and guidance related to BSA / AML
• Maintain a strong understanding of factors contributing to AML Risks.
• Identify gaps and make procedural recommendations to strengthen the integrity of the BSA / AML Program specific to risk investigations.
• Review customers' suitability for products and regulatory exemptions to provide recommendation to management.
• Making recommendations for exiting relationships based on AML risks, following-up to ensure closures are performed as directed.
• Assist FIU Management with tracking metrics on a quarterly basis, identifying and escalating concerns upon review
• Perform other duties as assigned by management.

Organizational Relationship

This position reports to the Supervisor -FIU AML Risk FIUY

Supervision of Others No

Position Qualifications

Education & Experience

Knowledge & Skills

Salary offered will be based on several factors including but not limited to education, work experience, certifications, etc. This position is also eligible to participate in either an applicable incentive compensation plan for the position or a discretionary profit sharing bonus program. General information on our comprehensive benefits package can be found by visiting the benefits page.

We are proud to be an Equal Employment Opportunity employer. We maintain a drug-free workplace.