AML Alert Investigator I: Detect & Escalate Financial Alerts

Columbia Bank; Seattle (WA); On-site; USD 60,000 - 90,000; Full time

Job summary

Columbia Bank is seeking an AML Alert Investigator I to analyze account transactions for unusual or suspicious activity and review alerts to determine if escalation to a case is warranted. The role emphasizes understanding AML rules and documenting analyses in the bank's monitoring system.

Qualified candidates typically have 1-3 years of BSA/AML/OFAC experience, strong analytical skills, and proficiency with MS Word and Excel.

Qualifications

• 1-3 years of BSA/AML/OFAC, Compliance, Audit or Bank Operations experience.
• Strong analytical and problem-solving skills and ability to interpret data and draw conclusions.
• Proficient in MS Word and Excel.

Responsibilities

• Review assigned AML Transaction Monitoring System Alerts to determine if activity warrants escalation.
• Determine if activity warrants escalation as a case for further investigation.
• Maintain compliance with bank regulations and complete required training.
• Maintain knowledge of BSA/AML, OFAC regulatory requirements and related policies.
• Participate in ongoing training to stay current on regulatory requirements and money laundering typologies.
• Coach or train others as subject matter expert when needed.

Skills

analytical skills

problem solving

data interpretation

MS Word

Excel

communication skills

Education

HS Diploma/GED

Bachelor's degree in business, economics, accounting, law, law enforcement or related fields

Tools

MS Word

Excel

Job description

Columbia Bank is seeking an AML Alert Investigator I to analyze account transactions for unusual or suspicious activity and review alerts to determine if escalation to a case is warranted. The role emphasizes understanding AML rules and documenting analyses in the bank's monitoring system.

Qualified candidates typically have 1-3 years of BSA/AML/OFAC experience, strong analytical skills, and proficiency with MS Word and Excel.