AML Investigator

Dollar Bank; Pittsburgh (Allegheny County); On-site; USD 50,000 - 70,000; Full time

Job summary

Dollar Bank is seeking an AML Investigator to manage investigations related to Anti-Money Laundering and Countering the Financing of Terrorism. Candidates must possess a High School Diploma, with a preference for a Bachelor’s in Criminal Justice, and at least 1 year of relevant experience.

This role involves analyzing suspicious activity and complex transactions, completing necessary documentation, and ensuring compliance with regulatory standards.

Strong investigative, analytical, and communication skills are essential for success in this position.

Qualifications

• High School Diploma/GED required.
• Bachelor’s Degree in Criminal Justice or related field preferred.
• Minimum 1 year experience in AML/BSA/Financial Crime environment required.

Responsibilities

• Conduct investigations regarding AML and CFT violations.
• Analyze data and complex transactions.
• Complete SAR forms and narratives according to regulations.

Skills

Experience in AML/BSA/Financial Crime environment

Investigative experience

Ability to identify AML/CFT red flags

Excellent written and verbal skills

Strong time management skills

Problem-solving skills

Education

High School Diploma/GED

Bachelor’s Degree in Criminal Justice or related field

Tools

Suspicious Activity Monitoring software

Nasdaq Verafin software

Job description

The AML Investigator conducts investigations ranging from routine to complex involving suspected Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) violations related to current or prospective customers, as well as internal matters. The investigator is responsible for managing AML investigations through completion, including SAR/No SAR decision-making and SAR filing, as applicable.

Qualifications

• High School Diploma/GED required.
• Bachelor’s Degree in Criminal Justice or other related field preferred.
• Minimum 1 year experience in AML/BSA/Financial Crime environment required.
• Previous investigative experience with a financial institution or law enforcement agency preferred.
• Experience with mainstream Suspicious Activity Monitoring software; experience with Nasdaq Verafin software is a plus.
• Solid understanding of AML/BSA regulations is a plus.
• Proficient and effective navigation of multiple software systems simultaneously.
• Ability to independently identify AML/CFT red flags and conduct root cause analysis.
• Excellent written and verbal skills necessary to interact with various levels of internal and external clients.
• Strong time management and organizational skills with the ability to manage and prioritize multiple tasks to meet predetermined deadlines.
• Strong problem‑solving skills.
• Ability to compile, review, and analyze information and data, and make independent decisions.

Must be able to effectively work independently or in a team environment.

Principal Activities and Duties

• Work on cases that are assigned or generated by Anti-Money‑Laundering software by reviewing, analyzing account data and complex transactions.
• Exercise awareness of suspicious activity, money laundering, or fraudulent behavior as it relates to cash transactions and overall transaction activity.
• Make investigative decisions that best determine if suspicious activity is occurring.
• Review AML alerts/cases with the BSA Officer on a routine basis as part of the SAR/No SAR decision‑making process.
• Complete No‑SAR narratives.
• Maintain SAR meeting agendas.
• Complete SAR forms and SAR narratives for alerts/cases in line with regulatory standards.
• Work with the BSA Officer to ensure all SARs are filed in a timely manner.
• Complete all associated documentation for alerts/cases as defined in procedures.
• Understand industry trends and fraud‑type trends.
• Assist in projects as necessary related to AML alert tuning and creation of new alerts, as well as audit requests and other mandatory projects.
• May be asked to perform other duties as required by business needs.
• All employees have the responsibility and accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing, and monitoring the risk they encounter daily as required by Dollar Bank’s risk management program.
• Compliance with regulatory laws and company procedures is a required component of all position descriptions.