Aml Investigations Analyst Jobs

Position can be located in Little Rock, AR., Fort Smith, AR., Apollo Beach, FL., Clearwater, FL., and Carrollton, GA.

Job Purpose and Scope:

The AML Investigations Analyst is responsible for performing AML investigations in a timely manner. Prepares Suspicious Activity Report (SAR) referrals for secondary review according to departmental guidelines.

Essential Job Functions:

• Incorporates feedback from secondary review to improve productivity and accuracy.
• Follows Bank policy, procedures and guidelines.
• Conducts 90-day follow up reviews on previously filed SARs and recommends the SAR be discontinued or refiled.
• Prepares AML investigations case files and drafts SAR narratives in accordance with department procedures.
• Assists other teams within BSA Administration, as necessary.
• Researches, analyzes and manipulates transactional data using system-generated spreadsheets to identify suspicious activity.
• Performs other tasks as directed by the AML Investigations Manager.
• Maintains good punctuality and attendance to work.
• Performs AML investigations derived from alert and non-alert based sources, such as Unusual Incident Reports submitted by Bank employees or law enforcement subpoenas.
• Uses case management, monitoring software, other Bank systems and third-party websites and repositories to perform tasks.
• Performs searches related to 314(b) requests and criminal subpoenas as directed by the AML Investigations Manager.
• Identifies new trends using case results and escalates to the AML Investigations Manager.
• Achieves and maintains satisfactory quality review (QR) scores in accordance with departmental standards.
• Regularly exercises discretion and judgment in the performance of essential job functions.
• Forms initial determinations regarding additional actions to be taken and makes recommendations such as SAR filing or account closure.
• Effectively manages tasks to meet deadlines.

Knowledge, Skills & Abilities:

• Ability to demonstrate initiative, capable of working independently, without supervision.
• Ability to demonstrate effective organizational, time management and project management skills.
• Ability to multi-task, prioritize work projects and meet exacting deadlines.
• Ability to maintain confidentiality.
• Ability to communicate effectively both verbally and in writing, including ability to present case facts to management.
• Knowledge of investigations and investigative techniques using the Internet, public websites and third-party repositories.
• Ability to maintain attention to detail.
• Comprehensive knowledge of the FFIEC BSA/AML and OFAC regulations.
• Knowledge of BSA/AML laws (including Bank Secrecy Act, USA PATRIOT Act, US Treasury AML guidelines and OFAC requirements).
• Skill in using computer and Microsoft Office, including Word, Excel, PowerPoint and Outlook.

Equipment Used in Job Performance/Working Environment:

• Multi-function device
• Computer
• Telephone

Major Job Demands (Physical/Mental):

• Problem-solving
• Decision-making

Note: This description is not an exhaustive list of all job functions, duties, skills and job standards required. Other job functions, duties, skills, and standards may be added. Management reserves the right to add or change the job requirements at any time.

Position Requirements:

Basic Qualifications:

• Professional Certification (CAMS, CFE, CBAP, CRCM) or other related certifications, or willingness to obtain, preferred.
• Minimum of one (1) year of experience in AML (or comparable field), preferably focusing on investigations in the financial industry, required.
• Bachelor degree or commensurate work experience required.