AML Investigator

The position of AML Investigator functions as a subject matter expert in Bank Secrecy Act (BSA)/Anti-Money Laundering (AML) program and oversees day-to-day triage and investigations within the BSA/AML compliance program. Ensures all AML triggered alerts and referrals are researched, processed, and investigated for potential regulatory reporting as well compliance with other BSA/AML requirements, including: Customer Identification Program (CIP), Enhanced Due Diligence (EDD), Office of Foreign Assets Control (OFAC) and the USA Patriot Act.

Utilize the credit union's internal monitoring systems to monitor and investigate potential AML violations. Fully document investigations and file applicable Suspicious Activity Reports (SARs) as required.
• Ensure the timely filing of Currency Transaction Reports (CTRs) via the credit union's BSA/AML software.
• Review and respond in a timely manner to system generated alerts, as well as 314(a) information requests, either during the account opening process, periodic scans of the credit union's member base and between EDD reviews.
• Conduct periodic EDD review of specific members to ensure BSA compliance and to fill SARs as required.
• Identify and recommend improvements to the credit union's BSA/AML program to the Team Leader.
• Assists in the development of new and/or updated policies and procedures related to BSA, AML, OFAC and the USA Patriot Act.
• Maintain effective relationships with local, state and federal authorities and follow-up on criminal investigations.
• Assist in training opportunities with credit union employees on BSA/AML related issues and mitigation efforts to detect and report violations of U.S. Patriot Act.
• Provide support to other departments in identifying AML prevention measures.
• Support both the Fraud & Financial Investigations Teams in their efforts to prevent, detect and respond to fraud and AML violations.
• Other duties as assigned

Education and Experience

• Bachelor's Degree in Criminal Justice or related field with a minimum of five years of experience in BSA/AML investigations or BSA/AML Compliance.
• A minimum of six years of experience as a Financial Crimes Analyst, BSA/AML Analyst or BSA/AML Investigator.
• A combination of education and experience.
• Previous experience writing and/or reviewing regulatory filings.
• A minimum of four years of experience in bank fraud operations as well as regulatory compliance knowledge.
• CAMS certification is required.

Required Knowledge, Skills and Abilities

• Thorough knowledge and understanding of Bank Secrecy Act and USA Patriot Act regulations.
• Ability to build strong relationships throughout the credit union, law enforcement, and other outside agencies.
• Ability to maintain confidential information.
• Ability to self-initiate and work independently without close supervision.
• Strong written and oral communication skills.
• Strong spreadsheet and word processing skills.
• Comfortable presenting to both small and large groups of credit union employees, or community members on BSA Compliance topics.