FCRM Investigations and Reporting Analyst II Hybrid
FCRM Investigations and Reporting Analyst II Hybrid
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Salary Not Disclosed
1 Vacancy
Job Description
Overview
Work Arrangement:
***After the initial training period this is a hybrid role working onsite in ourSioux Falls SD office.***
Investigates and analyzes more complex potential antimoney 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
Essential Functions
- Conducts financial forensic investigations on AML (AntiMoney Laundering) cases involving complex transaction patterns including those derived from internal escalations referrals from business lines law enforcement requests and department intelligence.
- Determines and pursues the best investigative approach for each unique case ensuring material risk factors are addressed in compliance with AML department policies and regulatory expectations.
- Writes and prepares Suspicious Activity Reports (SAR) following established regulatory guidelines and time frames.
- Documents steps taken through the investigation escalation process through supporting research and data.
- Communicates findings status open issues and other AMLrelated items to management regularly.
- Interfaces with internal and external partners to obtain information as needed on questionable transaction activity.
- Escalates and coordinates cases with law enforcement as applicable. Obtains information and assistance from law enforcement agencies peer banks and other external groups on AML issues and cases.
- Works closely with internal groups to ensure understanding of SAR and investigative requirements.
- Provides feedback input and suggestions on and Know Your Customer (KYC) issues acting as a subject matter expert on the operations and processes to streamline and improve function effectiveness.
- Performs other duties as assigned.
Qualifications
Education/Experience Requirements
- Undergraduate degree in a related field preferred. Otherwise a nonrelated undergraduate degree and combination of training and experience will be considered.
- 5 years of transaction monitoring KYC sanctions fraud or investigative experience in BSA/AML.
- Experience in writing and preparing Suspicious Activity Reports (SARs) in accordance with applicable regulatory requirements.
Preferred Requirements
- Extensive working knowledge of BSA/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 multitasking environment.
- Proficient in Microsoft Office suite e.g. Excel PowerPoint Word Outlook.
Background & EEO Statement
This job will be open and accepting applications for a minimum of five days from the date it was posted.
Working at The Bancorp Bank N.A. and Benefits Information:click here
Diversity & Background Screening
Diversity & Inclusion at The Bancorp Bank: click here
The Bancorp Bank N.A. is an EQUAL OPPORTUNITY EMPLOYER and will not discriminate on the basis of race color religion gender gender identity sexual orientation pregnancy citizenship national origin age disability genetic information veteran status or other protected category with respect to recruitment hiring training promotion and other terms and conditions of employment.
Employment with The Bancorp Bank N.A. includes successfully passing a background check including credit criminal education employment OFAC and social media background history.
#LIHybrid
#LIPJ1
Required Experience:
IC
Employment Type
Full-Time
