Financial Crimes Sr Investigator I

Senior Investigator

Participates in end-to-end suspicious activity investigation and reporting process which entails timely monitoring, identification, investigation, and when appropriate; reporting of suspicious financial and / or fraudulent activity, to include money laundering, terrorist financing, fraud and / or any other financial risk or crime. As part of this process, the Financial Intelligence Unit (FIU) develops and implements automated transaction monitoring rules, reports and other processes designed to identify activity potentially indicative of criminal behavior; investigates potentially suspicious financial activity; and when appropriate files suspicious activity reports (SARs) with Financial Crimes Enforcement Network (FinCEN), part of the U.S. Department of Treasury and / or refers matters to Truist's Financial Crimes Program Management for review and reporting, as necessary. The FIU performs a critical role in ensuring that Truist complies with the Bank Secrecy and USA PATRIOT Acts as well as regulations set forth by Treasury's Office of Foreign Assets Control (OFAC) and provides law enforcement with key information for the investigation and prosecution of money laundering, terrorist financing and other criminal activity.

A Senior Investigator in the FIU performs critical functions in the enterprise-wide suspicious activity monitoring, identification, investigation, and reporting process and is a critical touch point within the entire BSA / AML function of the FIU.

Essential Duties And Responsibilities

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

• Conduct timely, comprehensive investigations of customers by utilizing CIP information, occupation, line of business, income methods, transaction activity and other information.
• Analyze customer transaction activity to ascertain legitimacy of the business and the business transactions, ensuring that the transaction activity is commensurate with the nature of the business entity.
• Communicate results of analysis and / or research to appropriate Financial Intelligence Unit (FIU) leadership including conclusions and recommendations for next steps. Prepare written analysis of research findings and make independent recommendations to maintain or exit the relationship as warranted.
• Communicate with Relationship Managers, branch associates and others as needed to gather additional client information. Act as a point of contact for BSA-related questions and support. Assist regional contacts and business units with on-going second level support.
• Support the development and maintenance of internal process manuals that fully document and outline all pertinent activities in the business unit.
• Conduct link analysis, data mining and analytics.
• Utilize a wide variety of research and transaction monitoring tools.
• Provide information for various regulatory and analytical reports.
• Maintain strong knowledge of all applicable current and proposed Bank Secrecy Act (BSA) / Anti-Money Laundering (AML) laws and regulations, specifically as they apply to money laundering, terrorist financing and OFAC.
• Participate in BSA / AML training that may include webinars, periodicals and self-study in order to stay abreast of the BSA / AML laws and regulations.
• Maintain awareness of national and world events and industry trends through press releases, real-time monitoring, and collaborative relationships with law enforcement, internal or external watch lists or other relevant sources to mitigate the company's reputation or regulatory risk.

Qualifications

The requirements listed below are representative of the knowledge, skill and / or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Preferred Qualifications :

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation : All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist's generous benefit plans, please visit our Benefits site.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.