Financial Crimes BSAAML Investigator

Thank you for your interest in a career at Regions. At Regions we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results dedicated to quality strength and integrity and possess the drive to succeed then we are your employer of choice.

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Job Description:

At Regions the Financial CrimesBank Secrecy Act (BSA)/Anti-Money Laundering (AML) Investigator completes thorough Financial Crimes Unit (FCU) BSA/AML investigations of potentially suspicious activities including money laundering terrorist financing fraud and other financial crimes. Associates at this level are considered analytical or procedural experts capable of making and supporting difficult decisions and making suggestions for overall process improvements when necessary. The Day-to-day focus of this role is on resolution of complex problems or transactions where expertise is required to interpret against policies guidelines or processes.

Primary Responsibilities

• Performs a variety of highly complex investigative functions to assist FCU BSA/AML with compliance of all Anti-Money Laundering program requirements
• Takes responsibility for investigating suspicious activity reporting money laundering terrorist financing and other illicit activities
• Prepares comprehensive detailed narratives summarizing the analysis of investigations and reviews all cases for completeness and accuracy
• Determines whether a suspicious activity report (SAR) is required to be filed
• Ensures compliance with approved policies and procedures related to BSA/AML including case documentation
• Offers advice and guidance to junior investigators assisting in the development of necessary skills and the promotion of continuous improvement initiatives
• Leads projects that contribute to workflow or process change and redesign
• Quickly and confidently identify trends and patterns of activity which fall outside the banks collected EDD/KYC records
• Identify trends and changes in financial activity indicating fraud or money laundering
• May work with local and federal law enforcement partners for case resolution

This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.

Requirements

• Bachelors degree and five (5) years of Financial Crimes/BSA/AML financial investigations or loss prevention/fraud experience
• Or High School Diploma or GED and nine (9) years of Financial Crimes/BSA/AML financial investigations or loss prevention/fraud experience
• Advanced knowledge of Private Banking Wire Transfers BSA/AML OFAC and FinCEN related laws and regulations
• Advanced knowledge of AML laws (e.g. USA Patriot Act) regulations (e.g. Federal SEC FINRA) and their applications to the supported products/LOBs
• Experience with search engines open-source data case management systems databases and similar automation platforms

Preferences

• Bachelors degree in Business Criminal Justice Finance or other related field
• Advanced financial investigations experience in Financial Crimes/BSA/AML fraud law enforcement or corporate security
• Previous experience in other FCU BSA/AML areas is a plus
• Experience analyzing complex customer financial activity
• Certified Anti-Money Laundering Specialist (CAMS) Certified Fraud Examiner (CFE) or other applicable certifications

Skills and Competencies

• Ability to manage multiple priorities
• Ability to work under pressure and meet deadlines
• Familiarity with the Banks mainframe systems and applications
• Proficiency in Microsoft Office (Excel Word PowerPoint Outlook etc.)
• Strong attention to detail and accuracy
• Strong decision-making and problem-solving skills
• Strong interpersonal and negotiation skills
• Strong presentation skills are an asset
• Strong verbal written communication and organizational skills

Highly Preferred Skills

• Advanced experience investigating complex and high-profile cases
• Certified Anti-Money Laundering Specialist (CAMS) Certified Fraud Examiner (CFE) or similar Certification

This position is currently offsite in Birmingham Atlanta or Charlotte and associates will work from their home primarily. They may be expected to go on site for meetings or other events as needed.

Position Type

Compensation Details

Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience skills knowledge contribution job location and most importantly performance in the job role. As these factors vary by individuals pay will also vary among individual associates within the same job.

The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.

Job Range Target:

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Median:

Incentive Pay Plans:

Benefits Information

Regions offers a benefits package that is flexible comprehensive and recognizes that one size does not fit all for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes which is not intended to be a complete summary of plan terms and conditions.

• Paid Vacation/Sick Time

• 401K with Company Match

• Medical Dental and Vision Benefits

• Disability Benefits

• Health Savings Account

• Flexible Spending Account

• Life Insurance

• Parental Leave

• Employee Assistance Program

• Associate Volunteer Program

Please note benefits and plans may be changed amended or terminated with respect to all or any class of associate at any time. To learn more about Regions benefits please click or copy the link below to your browser.

DetailsRiverchase Complex North Building

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