Financial Crimes Compliance Investigator

Texas Capital; Richardson (TX); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Health insurance coverage

Wellness program

Fertility and family building aids

Life and disability insurance

Retirement savings with 401K match

Paid leave programs

Paid holidays

Paid time off (PTO)

Job summary

Texas Capital Bank seeks an FCC Investigator to execute investigations related to AML, CTF, and OFAC. You will compile evidence in line with BSA/AML rules and prepare SARs, with strong writing and analytical skills to assess matters from various sources.

Responsibilities include monitoring suspicious activity, collaborating with Legal, Compliance, and IT, and delivering timely analyses and reports to governance committees.

Qualifications

• Bachelor’s degree in Finance, Accounting, Business, Analytics, Computer Science or equivalent.
• Minimum 5 years of work experience in financial crimes compliance and risk management or a related field.
• Ability to self-direct and manage competing priorities on concurrent large, complex projects.
• Advanced knowledge of AML/BSA laws and regulations relating to money laundering and terrorist financing.
• Experience creating presentations and deliverables for senior stakeholders.
• Experience creating reports from large datasets of raw data.
• Excellent written and verbal communication skills, attention to detail and strong time management.
• Strong analytical thinking and critical reasoning skills.
• Excellent interpersonal skills and ability to work with colleagues across regions and BUs.
• Ability to work independently in a fast-paced environment and meet deadlines.
• Certification as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification within first 12 months.

Responsibilities

• Maintain knowledge of current money laundering and terrorist financing behaviors, issues, and regulatory trends.
• Collaborate with business units to analyze trends in suspicious activity.
• Liaise with Legal, Compliance, IT and other stakeholders on technology projects and initiatives affecting FIU.
• Assist in developing proactive AML initiatives.
• Analyze data and prepare reports for governance and risk committees.
• Ensure timely analysis while maintaining regulatory compliance standards.
• Provide information to regulators and Internal Auditors as requested.
• Track and report KRIs.
• Perform QC of alert reviews, investigations, and SARs.
• Research and investigate high-risk customer behavior for AML/CTF risks.

Skills

MS Office

Analytical thinking

Written & verbal

Time management

Project management

Education

Bachelor’s degree in Finance/Accounting/Business/Analytics/CS

Tools

ACAMS Certification

Job description

Texas Capital is built to help businesses and their leaders. Our depth of knowledge and expertise allows us to bring the best of the big firms at a scale that works for our clients, with highly experienced bankers who truly invest in people’s success — today and tomorrow.

While we are rooted in core financial products, we are differentiated by our approach. Our bankers are seasoned financial experts who possess deep experience across a multitude of industries. Equally important, they bring commitment — investing the time and resources to understand our clients’ immediate needs, identify market opportunities and meet long-term objectives. At Texas Capital, we do more than build business success. We build long-lasting relationships.

Texas Capital provides a variety of benefits to colleagues, including

• health insurance coverage
• wellness program
• fertility and family building aids
• life and disability insurance
• retirement savings plans with a generous 401K match
• paid leave programs
• paid holidays
• paid time off (PTO)

Headquartered in Dallas with offices in Austin, Fort Worth, Houston, Richardson, Plano and San Antonio, Texas Capital was recently named Best Regional Bank in 2024 by Bankrate and was named to The Dallas Morning News Dallas-Fort Worth metroplex Top Workplaces 2023 and GoBankingRate’s 2023 list of Best Regional Banks. For more information about joining our team, please visit us at www.texascapitalbank.com.

Job Description

The FCC Investigator is responsible for executing investigations related to anti-money laundering, counter financing of terrorism, and OFAC investigations playing a critical function in the execution of Texas Capital’s responsibilities to monitor and report suspicious activities. The FCC Investigator compiles evidence and documentation in compliance with BSA/AML procedures and regulatory requirements. This role requires strong investigative, writing, and analytical skills. This role requires the ability to work independently to perform an assessment of any matter received from any source, conduct sufficient research and/or review to determine whether escalation is warranted. The FCC Investigator is also responsible for filing Suspicious Activity Reports (SAR) as required by BSA/AML regulatory requirements

Responsibilities

• Maintain a well-informed and all-inclusive knowledge of current money laundering and terrorist financing behaviors, issues, criminal typologies, industry best practices, regulations, and developing trends
• Collaborate with business units to analyze trends in suspicious activity
• Liaise with Legal, Compliance, IT and other key stakeholders and partners with respect to technology projects and other initiatives impacting the FIU
• Assist in developing proactive initiatives
• Analyze and synthesize data and prepare presentation and reports for various governance and risk committees
• Ensure that all analysis is completed in a timely and efficient manner, while maintaining the highest standards for regulatory and compliance requirements
• Timely provide requested information to regulators and Internal Auditors:
• Track and report Key Risk Indicators (KRIs)
• Complete Quality Checks (QCs) of alert reviews, investigations, and SARs
• Research, analyze, and investigate high risk customer/commercial account behavior for potential money laundering or terrorist financing related risks in accordance with Bank policies and procedures
• Ensure efficient identification and monitoring of suspicious activities and transactions
• Perform enhanced due diligence on high-risk individuals and businesses
• Flexible to perform other functions as requested by management

Qualifications

• Bachelor’s degree (preferred in Finance, Accounting, Business, or Analytics, Computer Science); or equivalent combination of education, training, experience
• Minimum 5 years of work experience in financial crimes compliance and risk management or a related field
• Ability to self-direct and manage competing priorities on concurrent large, complex projects, initiatives and deliverables
• Strong technical proficiency in the use of MS Office products for reporting, data analytics, and presentations
• Have advance knowledge of AML/BSA laws and regulations relative money laundering and terrorist financing
• Have experience creating presentations and deliverables for senior stakeholders
• Have experience and ability to create reports from large datasets of raw data
• Have excellent written and verbal communications skills, attention to detail and strong time management skills
• Possess strong analytical thinking and critical reasoning skills
• Have excellent interpersonal skills and ability to work effectively with colleagues across regions and Business Units
• Have the ability to effectively handle a fast-paced environment and successfully meet established deadline requirements
• Be self-motivated, well organized, and have the ability to work independently
• Certification as an Anti-Money Laundering Specialist by ACAMs or equivalent AML Certification / license – or certification within first 12 months of employment
• Excellent organizational, time management and project management skills

The duties listed above are the essential functions, or fundamental duties within the job classification. The essential functions of individual positions within the classification may differ. Texas Capital Bank may assign reasonably related additional duties to individual employees consistent with standard departmental policy.Texas Capital is an Equal Opportunity Employer.