BSA/AML Investigations Analyst I

📋 Description

• Investigate alerts and cases produced by transaction monitoring systems, utilizing risk-based judgment to spot potentially suspicious activities.

• Analyze transaction activities, payment flows, and customer behaviors to identify anomalies or warning signs.

• Prepare and submit Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs) in line with internal procedures and regulatory requirements.

• Stay updated on BSA/AML and OFAC regulations, FinCEN guidelines, and emerging financial crime trends pertinent to payments, merchant acquiring, and fintech operations.

• Accurately document investigative findings in case management systems.

• Meet established service level agreements (SLAs) along with productivity and quality expectations for designated workstreams.

• Refer higher-risk or complex issues to senior analysts or management following the BSA/AML - SAM procedures.

• Work collaboratively with BSA/AML-SAM colleagues and internal stakeholders to facilitate investigations and support ongoing program goals.

• Assist with FinCEN 314(a) and 314(b) information sharing requests and support law enforcement inquiries and legal processes under senior staff guidance.

• Perform additional duties as assigned to aid the BSA/AML-SAM Operations Team.

• Other responsibilities as designated.

⛳️ Requirements

• A Bachelor’s degree in a relevant field such as Finance, Criminal Justice, Business, or a related discipline.

• Preferred certifications (not mandatory):

• Certified Anti-Money Laundering Specialist (CAMS)

• Certified Financial Crime Specialist (CFCS)

• Certified Fraud Examiner (CFE)

• Typically requires 1-3 years of pertinent experience in BSA/AML investigations, financial crime analysis, or regulatory compliance.

• Experience with SAR writing, transaction monitoring systems, and case management tools is highly preferred.

• Strong analytical abilities and meticulous attention to detail.

• Effective written and verbal communication skills, including clear documentation of investigative findings.

• Capability to independently manage assigned workloads while adhering to established procedures.

• Proficient in Microsoft Office applications (Excel, Word, Outlook).

• Familiarity with transaction monitoring and case management platforms (e.g., Actimize, NICE Actimize, Verafin, or similar); experience with core banking systems and data analytics tools is advantageous.

• Adaptable, organized, and open to feedback in a dynamic environment.

🏝️ Benefits

• Health insurance

• 401(k) retirement benefits

• Life insurance

• Disability benefits

• Paid time off