BSA/AML Investigator

Capitol Federal Savings Bank; United States; Remote; USD 65,000 - 90,000; Full time

Benefits offered by this job

Medical, dental, life, and disability

Retirement and savings plans

Flexible Spending Accounts

Paid time off and holidays

Parental leave

Employee Assistance Program

Professional development and career增长

Job summary

Capitol Federal Savings Bank is seeking a BSA/AML Investigator to analyze transactions and alerts across all business lines, focusing on enhanced due diligence and complex suspicious activity cases. The role requires strong analytical skills and knowledge of BSA/AML, OFAC, and Patriot Act compliance.

Location includes Topeka, KS or Wichita, KS with a full-time schedule. The incumbent will prepare SARs/CTRs, conduct customer risk analyses, and collaborate with branches to maintain accurate

Qualifications

• A high school degree or equivalent.
• CAFP, CAMS, CFE or similar preferred.
• Excellent analytical and organizational skills.
• Knowledge of BSA and USA Patriot Act requirements.
• Advanced Excel required.
• Experience with Verafin Financial Crime Management Platform preferred.
• A significant level of trust and diplomacy is required.
• In-depth dialogues, conversations and explanations with customers, direct and indirect reports and outside vendors of a sensitive and/or highly confidential nature is a normal part of the day-to-day experience.

Responsibilities

• Maintains a case workload to conduct ongoing monitoring and investigations of high risk accounts and transaction activity through analysis of EDD, transactional data, historical data, internal and external searches in accordance with leading practices and bank's policy and procedures.
• Supports departmental quality standards and workload.
• Investigates transaction and customer alerts, reports and referrals for unconventional customer behavior to identify potentially suspicious financial activity to include money laundering, terrorist financing, fraud and/or other financial risks or crimes.
• Makes risk-based recommendations on appropriate actions to be taken to maintain compliance with BSA/AML regulatory reporting requirements.
• Use strong written communication skills to create detailed documentation of reviews of suspicious activity and/or customer risk analysis to make appropriate recommendations, such as SAR filing or ongoing monitoring.
• Work with departments and branches to collect and update account records related to enhanced due diligence.
• Review risk parameters in Fraud/AML software and research account records to ensure accuracy.
• Prepare suspicious activity reports (SAR) for filing with regulatory agencies.
• Prepares currency transaction reports (CTR) and monitors cash sales of monetary instruments.
• Maintain current knowledge of BSA/AML trends and guidelines.
• Review guidance and regulatory advisories to stay abreast of industry changes and trends.
• Perform other duties as assigned.
• Participate in proactive team efforts to achieve departmental and company goals.
• Must comply with current applicable laws, regulations and bank policies and procedures.
• Comply with all safety policies, practices and procedures.
• Report all unsafe activities to supervisor and/or Human Resources.

Skills

Analytical skills

Organizational skills

Written communication

Critical thinking

Risk-based analysis

Education

High school diploma or equivalent

CAFP, CAMS, CFE or similar preferred

Tools

Advanced Excel

Verafin

Job description

Job Title: BSA/AML Investigator Location: Topeka, KS/Wichita, KS Employment Type: Full-Time

Position Summary

The BSA/AML Investigator is responsible for investigating transactions and account alerts across all business lines for potential Bank Secrecy Act/Anti Money Laundering (BSA/AML) red flags. This position requires strong analytical/research skills for conducting customer risk analysis, behavior reviews and account monitoring of high-risk customers. This role is responsible for investigating complex suspicious activity cases to ensure that potentially suspicious transactions are appropriately identified within the specified timeframes. The position focuses on enhanced due diligence (EDD) relating to BSA/AML risks involving customers and products. Ability to grasp complex processes quickly and identify risks while applying critical thinking and risk-based analysis skills. Ensures compliance with the Bank Secrecy Act/Anti-Money Laundering (BSA/AML), Office of Foreign Assets Control (OFAC), USA Patriot Act and related laws and regulation.

Key Responsibilities

• Maintains a case workload to conduct ongoing monitoring and investigations of high risk accounts and transaction activity through analysis of EDD, transactional data, historical data, internal and external searches in accordance with leading practices and bank's policy and procedures.
• Supports departmental quality standards and workload.
• Investigates transaction and customer alerts, reports and referrals for unconventional customer behavior to identify potentially suspicious financial activity to include money laundering, terrorist financing, fraud and/or other financial risks or crimes.
• Makes risk-based recommendations on appropriate actions to be taken to maintain compliance with BSA/AML regulatory reporting requirements.
• Use strong written communication skills to create detailed documentation of reviews of suspicious activity and/or customer risk analysis to make appropriate recommendations, such as SAR filing or ongoing monitoring.
• Work with departments and branches to collect and update account records related to enhanced due diligence.
• Review risk parameters in Fraud/AML software and research account records to ensure accuracy.
• Prepare suspicious activity reports (SAR) for filing with regulatory agencies.
• Prepares currency transaction reports (CTR) and monitors cash sales of monetary instruments.
• Maintain current knowledge of BSA/AML trends and guidelines.
• Review guidance and regulatory advisories to stay abreast of industry changes and trends.
• Perform other duties as assigned.
• Participate in proactive team efforts to achieve departmental and company goals.
• Must comply with current applicable laws, regulations and bank policies and procedures.
• Comply with all safety policies, practices and procedures.
• Report all unsafe activities to supervisor and/or Human Resources.

Qualifications Required

• A high school degree or equivalent.
• CAFP, CAMS, CFE or similar preferred.
• Skills Excellent analytical and organizational skills.
• Knowledge of BSA and USA Patriot Act requirements.
• Advanced Excel required.
• Experience with Verafin Financial Crime Management Platform preferred.
• A significant level of trust and diplomacy is required to be an effective subject matter expert in the position.
• In-depth dialogues, conversations and explanations with customers, direct and indirect reports and outside vendors of a sensitive and/or highly confidential nature is a normal part of the day-to-day experience.
• Communications can involve motivating, influencing, educating and/or advising others on matters of significance.

Why Join Capitol Federal?

Capitol Federal offers a collaborative culture, opportunities for professional development, and a competitive benefits package that may include:

• Medical, dental, life, and disability insurance
• Retirement and savings plans
• Flexible Spending Accounts
• Paid time off and holidays
• Parental leave
• Employee Assistance Program
• Professional development and career growth opportunities

CapFed® is an equal opportunity employer.

About Us

At Capitol Federal® we know a great company starts with great people. Together, we can shape the future of banking in the Midwest. Since 1893, Capitol Federal has remained steadfast in our philosophy of Safety in Savings, Sounds Lending Policies, Quality Customer Service and Commitment to Community. By building strong relationships with customers and relying on our core philosophies, we've developed a positive work environment that focuses on superior service to our customers and delivering opportunities for our employees to grow and succeed.