FCRM Investigations and Reporting Analyst I

Overview

Investigate and analyze potential anti-money laundering and fraudulent transactions and document findings up to and including filing Suspicious Activity Reports and escalating cases to the proper government enforcement authorities. May perform investigations or transaction monitoring activities depending on spikes in demand, special projects, etc.  

Responsibilities

Essential Functions

  1. Conducts financial forensic investigations on AML cases involving complex transaction patterns. Case sources include internal applications, referrals from business lines, law enforcement and department intelligence.
  2. Determines and pursues the best investigative approach for each unique case, ensuring that key questions are addressed, and that compliance AML department policies and regulatory expectations are satisfied.
  3. Assesses risk represented by the customer and/or the activity in which the customer has engaged.
  4. Prepares Suspicious Activity Reports (SAR) in compliance with established regulatory guidelines and time frames.
  5. Communicates findings, status, open issues and other AML-related items to management regularly.
  6. Conducts periodic internal account/customer reviews to identify potentially suspicious activity.
  7. Documents steps taken through the investigation escalation process.
  8. Interfaces with bankers to obtain information related to their client’s transaction activity.
  9. Interviews customers during the investigative and fact-finding processes.
  10. Escalates and coordinates cases with law enforcement. Obtains information and assistance from appropriate law enforcement agencies, peer banks, and other external groups on AML issues and cases.
  11. Works closely with internal groups to ensure understanding of SAR and investigative requirements.
  12. Provides training, coaching and review work of other analysts or investigators as a dual control.
  13. Provides feedback, input and suggestions on AML (Anti-Money Laundering) and Know Your Customer (KYC) issues, acting as a subject matter expert on the operations and processes to streamline and improve function effectiveness.
  14. Performs other duties as assigned.

Qualifications

Education/Experience Requirements

Preferred Requirements

Employment with The Bancorp includes successfully passing a background check including credit, criminal, OFAC, education and past employment.

 

The Bancorp is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, among other things, or status as a qualified individual with disability.

The Bancorp is an Equal Opportunity Employer

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