Entry-Level FIU Analyst – AML & Fraud Monitoring

WesBanco, Inc.; Wheeling (WV); On-site; USD 42,000 - 64,000; Full time

Job summary

The FIU Analyst at WesBanco, Inc. supports the Financial Intelligence Unit within Fraud, Bank Secrecy Act and Security Admin Department by investigating and protecting the Bank from internal and external criminal activity, including fraud and money laundering.

This entry level role monitors accounts and transactions to identify unusual activity and ensure BSA compliance. Responsibilities include analyzing alerts, creating cases, contacting personnel and customers, reviewing due diligence and CIP

Qualifications

• Bachelor's Degree or four years banking experience or an equivalent combination of education and experience required.
• 2+ years of Banking experience preferred with a focus on BSA/AML or Operations a plus.
• Must possess strong analytical and problem solving skills.
• Must be proficient in Microsoft Office products, including Outlook, Word and Excel.
• Ability to manage alert volumes.
• Ability to learn and use in-house software monitoring system.
• Must have proven propensity to learn new technologies and new skills quickly.
• Ability to maintain confidentiality.

Responsibilities

• Investigates and analyzes system generated BSA/AML/Fraud alerts in our monitoring system for evidence of suspicious activity.
• Creates cases from alerts for further review by investigators/supervisors
• Contacts with 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 that regulatory, legal, and bank requirements are met.
• complete all assigned compliance training in a timely manner
• attend educational sessions, seminars and advanced training courses
• attend and participate in team/department staff meetings

Skills

Analytical skills

Problem solving

Attention to detail

Communication

Alert management

Education

Bachelor's degree or 4 years banking experience

Tools

Microsoft Office (Outlook, Word, Excel)

Job description

The FIU Analyst at WesBanco, Inc. supports the Financial Intelligence Unit within Fraud, Bank Secrecy Act and Security Admin Department by investigating and protecting the Bank from internal and external criminal activity, including fraud and money laundering.

This entry level role monitors accounts and transactions to identify unusual activity and ensure BSA compliance. Responsibilities include analyzing alerts, creating cases, contacting personnel and customers, reviewing due diligence and CIP