BSA/AML Investigator III

Farmers & Merchants Bank of Central California; Lodi (CA); On-site; USD 52,000 - 62,000; Full time

Job summary

Farmers & Merchants Bank of Central California is seeking a Full-Time, non-exempt BSA/AML Investigator to strengthen regulatory compliance. The role focuses on high‑risk customer reviews, AML investigations, and reporting to the BSA/Fraud Manager while ensuring adherence to bank policies and applicable laws.

Ideal candidates have 3–5 years in banking/BSA‑AML, strong organizational and communication skills, and proficiency with Excel, Access, and data entry. A Bachelor’s in Business is preferred.

Qualifications

• Minimum of 3 to 5 years of experience specializing in banking, financial management and BSA/AML.
• Knowledge of federal and state laws/regulations pertaining to BSA/AML, USA Patriot Act and OFAC.
• Bachelor’s degree in Business or related field preferred.
• Excellent organizational skills and strong written and verbal communication in English.
• Proficient with MS Excel, Access, and data entry.

Responsibilities

• Ensure strict adherence to bank policies and regulatory requirements in BSA/AML investigations.
• Investigate suspicious activity and report findings to the BSA/Fraud Manager.
• Maintain desk procedures and coordinate information with bank personnel and customers.
• Identify, research and report suspicious activity throughout investigations.
• Provide case findings to management for concurrence and feedback.
• Assist with high risk customer reviews including MSB and CTR exemptions.

Skills

BSA/AML knowledge

Analytical skills

Communication skills

Attention to detail

Organizational skills

Self-starter / initiative

Education

Bachelor’s degree in Business or related field

Tools

Excel

Access

Data Entry

Word Processing

E-mail

Internet Banking

Job description

Employment Status: Full Time, Non-Exempt

Salary: $37.65 - $45.18 (Commensurate with experience and qualifications)

Supervises Others: No

F&M Bank believes that each employee makes a significant contribution to our success. The contribution should not be limited by the assigned responsibilities. It is our expectation that each employee will offer his/her services wherever and whenever necessary to ensure the success of our endeavors.

• The individual in this position is responsible for ensuring strict adherence to F&M Bank policies and procedures while adhering to federal/state regulatory requirements, with a focus on comprehensive anti-money laundering and BSA investigations.
• This individual demonstrates strong organizational skills and the ability to investigate possible suspicious activity while following the Bank’s anti-money laundering procedures.
• They will report the findings of such investigations to the BSA/AML Manager and work collectively with Manager to report activities to applicable regulatory authorities and to resolve business issues related to BSA quickly and in a professional manner.

Who are we looking for?

• Assist with high risk customer reviews including:
  • Cash Secured Loan reviews on a periodic basis to for all cash secured loans meeting the Bank’s requirement for review.
  • Money Service Business reviews done semiannually on all existing MSB customers.
  • CTR Exemption research, documentation provided to the BSA/Fraud Manager and Executive Management on proposed exemptions and annual reviews once a customer is exempted.

exemptions and annual reviews once a customer is exempted.

• Political Campaign and Political Action Committee account reviews. Research and write reports as required.
• Investigations include (but are not limited to):
  • Identifying, researching and reporting suspicious activity
  • Managing the investigative process from initial detection to disposition
  • Thoroughly and timely reviewing reports and bank records that potentially identify suspicious activity
  • Providing case findings to the BSA/Fraud Department Manager for concurrence and/or feedback
• Evaluate, recommend and implement changes to work processes to increase department efficiency.
  • Use automated systems when appropriate.
  • Maintains current desk procedures and coordinates information/changes with the appropriate Bank personnel and customers.
• The ability effectively prioritize works assignments with changing priorities.
  • Should be a self-starter and a results oriented team player
  • Above average written and verbal communication skills with emphasis on correct English grammar.
  • Demonstrate ability to exercise independent judgment, initiative and tact in dealing with management, supervisors, staff

and the general public.

• Present a professional, business-like manner, appearance
• Maintaining confidentiality.

Also required:

• Successful completion of a credit check review is a condition of employment
• Minimum of 3 to 5 years of experience specializing in banking, financial management and BSA/AML. This position requires the incumbent to have proven knowledge of all applicable federal and state laws/regulations pertaining to BSA/AML, USA Patriot Act and OFAC.
• Bachelor’s degree in Business or related field is preferred but not required.
• Must have excellent organizational skills. Special skills to include, but not limited to Internet Banking, Personal Compute use, Word Processing, E-mail, EXCEL, Access and Data Entry.

F&M Bank