BSA/AML Investigation Specialist IV

First Financial Bank; Cincinnati (OH); Presencial; USD 74.000 - 100.000; Jornada completa

Descripción de la vacante

First Financial Bank is seeking a BSA/AML Investigator to support OFAC sanctions and regulatory reporting. You will conduct holistic investigations, prepare SARs, and coordinate with other lines of business and enforcement agencies as needed.

In this role you will analyze transaction data, maintain documentation, and help ensure compliance with BSA/AML requirements while contributing to the bank's risk management program. A 4–7+ year background in BSA/AML or compliance is ideal.

Formación

• Bachelor's degree or equivalent experience preferred.
• 4-7+ years of BSA/AML, Compliance and/or bank operational experience.
• Advanced knowledge of relevant regulations, laws and banking operations.
• High oral and written communication and interpersonal skills.
• Proficient knowledge of Microsoft Office.
• Advanced knowledge of Jack Henry and Verafin.

Responsabilidades

• Highest skill set; may be subject matter expert and go-to person.
• Lead investigations and improve workflows within the department.
• Analyze transactions and customer data to identify high-risk activity.
• Prepare SARs and regulatory reports as required.
• Coordinate with other lines of business and law enforcement when needed.
• Provide coaching and training to new recruits and team members.

Conocimientos

BSA/AML experience

Regulatory knowledge

Oral and written communication

Microsoft Office

Advanced banking operations knowledge

Educación

Bachelor's degree or equivalent experience

ACAMS / CRCM / CAFP advanced degree preferred

Professional certifications (as applicable)

Herramientas

Jack Henry

Verafin

Descripción del empleo

We do the right things, right now. We do them in a way that is relevant to our clients. Become a part of our history as it continues to be written!

First Financial Bank is responsible for maintaining an effective Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) program for risk rating clients, monitoring, detecting, and reporting suspicious activity to the appropriate regulatory agencies. As a member of the BSA/AML Compliance Investigations department, you will be part of the bank’s second line of defense to administer and enforce economic and trade sanctions put in place by the Office of Foreign Assets Control (OFAC) in support of U.S. national security and foreign policy objectives and prevent individuals and businesses from using First Financial Bank products and services for illegal purposes. As a BSA/AML Investigator, you will conduct wholistic investigations to identify high risk clients, unusual activity, preparing Suspicious Activity Reports (SARs) and other regulatory reporting requirements to be filed with the Financial Crimes Enforcement Network (FinCEN).

Essential Functions/Responsibilities

• Highest skill set; may be considered subject matter expert and/or "go to" person in the department.
• Applies in-depth disciplinary knowledge, contributing to the development of new techniques and the improvement of processes and work-flow for the area or function
• Integrates subject matter and industry expertise within a defined area
• Requires in-depth understanding of how areas collectively integrate and contribute to the objectives of the function and overall business.
• Evaluates the most complex and variable issue cases with substantial potential risk impact to the bank
• Regularly assumes informal/formal leadership role within teams
• Involved in coaching and training of new recruits. Significant impact in terms of project size, geography, etc
• Conducting comprehensive case investigations which includes analyzing transaction information, reviewing customer data, utilizing open source, media checks as research tools, and recommending a SAR or no SAR be filed
• Working cooperatively with other lines of business to obtain and analyze necessary information related to the investigation
• May work closely with Law Enforcement agencies.
• Preparing quality investigative documentation which includes detailed case notes and attachments of internal and external research
• Recommending customer relationship closures or case escalations as necessary
• Ensuring all production and quality goals are met

Minimum Knowledge, Skills, and Abilities Needed to Perform Essential Functions of the Job

• Ability to multi-task
• 4-7+ years of BSA/AML, Compliance and/or bank operational experience
• Advanced knowledge of relevant regulations, laws and banking operations
• High oral and written communication and interpersonal skills
• Proficient knowledge of Microsoft Office
• Advanced knowledge of appropriate banking software (i.e.Jack Henry, Verafin)
• Bachelor’s degree or equivalent experience preferred
• Professional certifications, as applicable

Preferred Knowledge and Skills

• ACAMS / CRCM / CAFP advanced degree preferred but not required; equivalent experience will be given credit

Level of Complexity and Scope

• Solves complex problems by applying a comprehensive and creative perspective to identify new solutions.
• Able to handle complex tasks to support the Risk team.
• High skill set; may be considered subject matter expert and/or "go to" person in the department.
• Leadership skills; ability to manage work flow and delegate as appropriate.
• Executes complex or specialized projects.

Degree of Independence and Decision-Making

• Must be independent and capable of independent decision making while demonstrating ability to exercise good judgment in assessing the significance and relevance of identified compliance risks and timely escalation to reporting manager.
• Provides advice/direction in primary areas of expertise.
• Acts as a resource for colleagues with less experience.

Required Supervisory Responsibilities

• Assists AML Supervisor as needed.

Physical Requirements

• Occasionally lifts and carries up to 50 lbs.
• Frequently lifts and carries up to 10 lbs.
• Frequently sits, stands, walks and drives

Compliance Statement

The associate is responsible for meeting all compliance requirements imposed on First Financial Bank by State and Federal law and regulation, as well as all related First Financial Bank policies and procedures. This includes all Bank Secrecy Act, Anti-Money Laundering, OFAC and Suspicious Activity reporting requirements, as well as all other lending and deposit compliance requirements.

Development and Training

Pay Range:

$74,000/year to $100,000/year

Benefits

We have relevant, thoughtful benefits and programs that support every aspect of our associates’ holistic wellbeing. Please review our Benefits Guide.

Incentive Eligibility

All roles are incentive eligible with the exception of Co-Op, Intern, or Student positions.

It is our policy to not discriminate against any individual in violation of federal, state, and local laws as it relates to age, race, color, religion, national origin, sex, marital status, pregnancy, gender identity, disability, sexual orientation, genetic information, veteran/military service, or any other characteristic protected by law.

We are an E-Verify Employer.