AML Investigator II

Job Responsibilities

Responsibilities include but are not limited to :

• Review and analyze alerts generated by the Bank's electronic monitoring software to make a determination as to whether activity warrants further review. Review and analyze internal AML reports, draw conclusions and make recommendations regarding the need for further investigation.
• Conduct suspicious activity investigations and determine whether a Suspicious Activity Report is needed. Draft narrative for each case substantiating the decision / recommendation.
• Conduct due diligence reviews on high risk customers through analysis of customer activity compared to KYC documentation and internal / external information sources to determine if further due diligence is needed and / or change in risk disposition is warranted.
• Manage complex cases, reviews involving matters such as multiple relationship accounts and complex ownership structures.
• Draft and file Suspicious Activity Reports with FinCEN.
• Identify and analyze records of outside agencies to facilitate investigations including credit bureau records, police and court records.
• Make recommendations for exiting customer accounts / relationships based on investigation or CDD / EDD.
• Work with the AML management team to ensure the monitoring platform consistently addresses prevailing risk.
• Support management in the day-to-day compliance efforts with AML / KYC requirements.
• Analyze, plan and complete special projects assigned by the AML management.