BSA/AML Investigator

Regions Financial Corporation; Hoover (AL); On-site; USD 43,000 - 52,000; Full time

Benefits offered by this job

Paid Vacation/Sick Time

401K with Company Match

Medical, Dental and Vision Benefits

Disability Benefits

Health Savings Account

Flexible Spending Account

Life Insurance

Parental Leave

Employee Assistance Program

Associate Volunteer Program

Job summary

Regions Financial Corporation in Hoover, Alabama is seeking an FIU Investigator to conduct thorough investigations of potentially suspicious activities, including money laundering and fraud, to support the bank's BSA/AML program.

You will perform basic to moderately complex investigations, prepare narratives, review cases for accuracy, and determine SAR filing requirements, while ensuring compliance with policies and regulatory requirements in a fast-paced environment.

Qualifications

• High School Diploma or GED required.
• One year of related experience.
• Basic knowledge of Private Banking, Wire Transfers, BSA/AML, OFAC, and FinCEN related laws and regulations.
• Experience with search engines, case management systems, databases, and similar automation platforms.

Responsibilities

• Performs a variety of investigative functions to assist BSA/AML with compliance of all Anti-Money Laundering program requirements.
• Investigates basic, non-complex financial crimes investigations for suspicious activity, report fraud, money laundering, and other illicit activities.
• Prepares narratives summarizing the analysis of investigations.
• Reviews all cases for completeness and accuracy.
• Determines whether a suspicious activity report (SAR) is required to be filed.
• Ensures compliance with approved policies and procedures related to BSA/AML including case documentation.
• Works basic to moderately complex financial investigations without assistance.

Skills

BSA/AML knowledge

OFAC & FinCEN knowledge

Private Banking & Wire Transfers

Investigation skills

Case management systems

Microsoft Office

Research with search engines

Education

High School Diploma or GED

Bachelor's degree in Business, Criminal Justice, Finance, or related field

Tools

Microsoft Office

Search engines

Databases

Automation platforms

Case management systems

Job description

Location 2050 Parkway Office Circle, Hoover, AL 35244, United States of America Category Risk Management Job Id R107107

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.

Job Description:

At Regions, the Financial Intelligence Unit (FIU) Investigator completes thorough FIU investigations of potentially suspicious activities including money laundering, fraud, and other financial crimes.

Primary Responsibilities

• Performs a variety of investigative functions to assist BSA/AML with compliance of all Anti-Money Laundering program requirements


• Investigates basic, non-complex financial crimes investigations for suspicious activity, report fraud, money laundering, and other illicit activities


• Prepares narratives summarizing the analysis of investigations


• Reviews all cases for completeness and accuracy


• Determines whether a suspicious activity report (SAR) is required to be filed


• Ensures compliance with approved policies and procedures related to BSA/AML including case documentation


• Works basic to moderately complex financial investigations without assistance

This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.

Requirements

• High School Diploma or GED


• One (1) year of related experience


• Basic knowledge of Private Banking, Wire Transfers, BSA/AML, OFAC, and FinCEN related laws and regulations


• Experience with search engines, case management systems, databases, and similar automation platforms

Preferences

• Bachelor's degree in Business, Criminal Justice, Finance, or other related field


• Experience in Financial Crimes/BSA/AML, fraud, law enforcement, or corporate security


• Experience analyzing customer financial activity


• Certified Anti-Money Laundering Specialist (CAMS), Certified Fraud Examiner (CFE), or other applicable certifications

Skills and Competencies

• Ability to manage multiple priorities


• Ability to work under pressure and meet deadlines


• Familiarity with the Bank's mainframe systems and applications


• Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)


• Strong attention to detail and accuracy


• Strong decision-making and problem-solving skills


• Strong interpersonal and negotiation skills


• Strong presentation skills are an asset


• Strong verbal, written communication, and organizational skills

Position Type

Full time

Compensation Details

Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.

The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.

Job Range Target:

Minimum:

$47,563.45 USD

Median:

$66,050.00 USD

Incentive Pay Plans

This job is not incentive eligible.

Benefits Information

Regions offers a benefits package that is flexible, comprehensive and recognizes that \"one size does not fit all\" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.

• Paid Vacation/Sick Time




• 401K with Company Match




• Medical, Dental and Vision Benefits




• Disability Benefits




• Health Savings Account




• Flexible Spending Account




• Life Insurance




• Parental Leave




• Employee Assistance Program




• Associate Volunteer Program

Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions’ benefits, please click or copy the link below to your browser.

https://www.regions.com/about-regions/welcome-portal/benefits

Location Details

Riverchase Complex North Building

Location:

Hoover, Alabama

Equal Opportunity Employer/including Disabled/Veterans

Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.

Job Seekers with a Disability

Regions is committed to working with and providing reasonable assistance to individuals with physical and mental disabilities. If you are an individual with a disability requiring an accommodation at any point in the application or hiring process, please email your request to [e-mail] or leave a voice message at [phone]. Only requests for a disability basedaccommodation should be communicated through this central email or telephone number. General employment questions cannot be accepted or processed through this process and will not receive a response.

If you require assistance or have questions regarding the recruitment process, please submit your inquiries to [e-mail].

It starts with valuing people like you who are looking to build a career while making a difference in the lives of others.
Our focus on career development andgrowth is supported bya culture that engagesour associatesto do their best work. This is what makes Regions unique and differentiates who we are to our customers andcommunities.
We believe in offering a place where you can expect more opportunities. Apply today tostart learning how you can build your career with us.