Financial Crimes Compliance Investigator

Texas Capital Bank; Richardson (TX); On-site; USD 95,000 - 135,000; Full time

Benefits offered by this job

Health insurance

Retirement savings plan with 401Kmatch

Paid time off

Paid holidays

Job summary

Texas Capital Bank is seeking an FCC Investigator to execute investigations related to anti-money laundering, counter financing of terrorism, and OFAC matters. You will compile evidence and documentation in compliance with BSA/AML procedures to support regulatory expectations and risk management.

Responsibilities include analyzing trends, collaborating with Legal, Compliance, IT, and business units, preparing reports for governance, tracking KRIs, and performing enhanced due diligence on

Qualifications

• Bachelor’s degree in Finance, Accounting, Business, Analytics or Computer Science or equivalent.
• Minimum 5 years in financial crimes compliance or a related field.
• Strong MS Office data analytics and reporting skills.
• Experience creating presentations for senior stakeholders.
• Knowledge of AML/BSA laws and regulations.
• Certification as AML Specialist (ACAMS) or equivalent within 12 months.
• Excellent communication and time management.

Responsibilities

• Maintain knowledge of money laundering behaviors and regulatory trends.
• Collaborate with business units to analyze suspicious activity trends.
• Liaise with Legal, Compliance, IT and other stakeholders on projects.
• Prepare reports for governance and risk committees.
• Track KRIs and complete QC of alerts and SARs.
• Perform enhanced due diligence on high-risk customers.
• Provide timely information to regulators and Internal Auditors.
• Flexibly perform other duties as requested.

Skills

Investigative skills

Written communications

Analytical thinking

Data analytics

MS Office proficiency

Time management

Presentation skills

Cross-functional collaboration

Education

Bachelor’s degree

Tools

MS Office (Excel, PowerPoint)

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, and 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 DescriptionThe 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 requirementsResponsibilitiesMaintain a well-informed and all-inclusive knowledge of current money laundering and terrorist financing behaviors, issues, criminal typologies, industry best practices, regulations, and developing trendsCollaborate with business units to analyze trends in suspicious activityLiaise with Legal, Compliance, IT and other key stakeholders and partners with respect to technology projects and other initiatives impacting the FIUAssist in developing proactive initiativesAnalyze and synthesize data and prepare presentation and reports for various governance and risk committeesEnsure that all analysis is completed in a timely and efficient manner, while maintaining the highest standards for regulatory and compliance requirementsTimely provide requested information to regulators and Internal Auditors:Track and report Key Risk Indicators (KRIs)Complete Quality Checks (QCs) of alert reviews, investigations, and SARsResearch, analyze, and investigate high risk customer/commercial account behavior for potential money laundering or terrorist financing related risks in accordance with Bank policies and proceduresEnsure efficient identification and monitoring of suspicious activities and transactionsPerform enhanced due diligence on high-risk individuals and businessesFlexible to perform other functions as requested by managementQualificationsBachelor’s degree (preferred in Finance, Accounting, Business, or Analytics, Computer Science); or equivalent combination of education, training, experienceMinimum 5 years of work experience in financial crimes compliance and risk management or a related fieldAbility to self-direct and manage competing priorities on concurrent large, complex projects, initiatives anddeliverablesStrong technical proficiency in the use of MS Office products for reporting, data analytics, and presentationsHave advance knowledge of AML/BSA laws and regulations relative money laundering and terrorist financingHave experience creating presentations and deliverables for senior stakeholdersHave experience and ability to create reports from large datasets of raw dataHave excellent written and verbal communications skills, attention to detail and strong time management skillsPossess strong analytical thinking and critical reasoning skillsHave excellent interpersonal skills and ability to work effectively with colleagues across regions and Business UnitsHave the ability to effectively handle a fast-paced environment and successfully meet established deadline requirementsBe self-motivated, well organized, and have the ability to work independentlyCertification as an Anti-Money Laundering Specialist by ACAMs or equivalent AML Certification / license – or certification within first 12 months of employmentExcellent organizational, time management and project management skillsThe 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.