Entry-Level BSA/AML & Fraud Analyst

WesBanco Bank Inc.; Frankfort (KY); On-site; USD 52,000 - 68,000; Full time

Job summary

WesBanco Bank Inc. is seeking an FIU Analyst to support the Financial Intelligence Unit within the Fraud, BSA and Security Admin Department.

The role involves monitoring accounts and transactions to identify unusual activity and to analyze potential money laundering or fraud indicators. You will investigate alerts from our AML systems, create cases for investigators, review Customer Due Diligence and CIP records, and ensure compliance with BSA regulations.

Qualifications

• Bachelor's degree or four years of banking experience required.
• 2+ years of banking experience preferred, focused on BSA/AML or operations.
• Strong analytical and problem-solving skills.
• Proficient in Microsoft Office (Outlook, Word, Excel) and internet research.
• Ability to learn in-house monitoring systems and perform internet/bank systems research.

Responsibilities

• Investigates and analyzes system generated BSA/AML/Fraud alerts for evidence of suspicious activity.
• Creates cases from alerts for investigators.
• Contacts banking center personnel and external customers on suspect items.
• Reviews Customer Due Diligence forms and CIP Records for completeness.
• Analyzes customer history to ensure transactions are in line with expected activity.
• Ensures regulatory, legal, and bank requirements are met; completes assigned compliance training and attends seminars.

Skills

Analytical thinking

Attention to detail

Regulatory compliance

Microsoft Excel

Internet research

Education

Bachelor's Degree or four years banking experience

Tools

In-house monitoring system

Microsoft Office

Job description

WesBanco Bank Inc. is seeking an FIU Analyst to support the Financial Intelligence Unit within the Fraud, BSA and Security Admin Department.

The role involves monitoring accounts and transactions to identify unusual activity and to analyze potential money laundering or fraud indicators. You will investigate alerts from our AML systems, create cases for investigators, review Customer Due Diligence and CIP records, and ensure compliance with BSA regulations.