AML & Fraud Investigator

River Run; Haverhill (MA); On-site; USD 65,000 - 90,000; Full time

Job summary

River Run is seeking a BSA Fraud Analyst to ensure regulatory compliance and protect the Bank and its customers from financial crimes. The role monitors, investigates, and reports suspicious activity related to fraud and money laundering, and conducts case investigations to support AML/CFT and Fraud Prevention programs.

The analyst will monitor transactions using AML software, review alerts, collaborate with internal teams, prepare CTRs/ SARs as needed, and stay current on regulatory changes and

Qualifications

• High school diploma or equivalent.
• 2-3 years of AML/CFT or fraud detection experience.
• Knowledge of BSA/AML laws and regulations including USA PATRIOT Act, OFAC, FinCEN guidelines.
• Proficient with transaction monitoring systems and office applications.
• Ability to work independently and manage multiple priorities under deadlines.

Responsibilities

• Monitors customer transactions for suspicious activity using AML software and fraud detection tools.
• Conducts research and analysis on alerts and cases to determine legitimacy of activity or the potential for a SAR when necessary.
• Collaborates with internal departments to resolve fraud cases and conduct investigations.
• Administers the preparation of Currency Transaction Reports (CTRs).
• Conducts new customer and enhanced due diligence (EDD) reviews in accordance with AML/CFT policy.
• Keeps abreast of regulatory changes and industry trends related to financial crimes and compliance.
• Actively stays current on Bank products, procedures, policies, and regulatory requirements by attending training and applying knowledge to daily operations.

Skills

Analytical thinking

Attention to detail

Independent work

Prioritization

Education

High school diploma or equivalent

Tools

AML software

Fraud detection tools

Job description

River Run is seeking a BSA Fraud Analyst to ensure regulatory compliance and protect the Bank and its customers from financial crimes. The role monitors, investigates, and reports suspicious activity related to fraud and money laundering, and conducts case investigations to support AML/CFT and Fraud Prevention programs.

The analyst will monitor transactions using AML software, review alerts, collaborate with internal teams, prepare CTRs/ SARs as needed, and stay current on regulatory changes and