Financial Crimes Investigator - BSA/AML & Fraud

Merchants Bank; Winona (MN); On-site; USD 60,000 - 90,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Life insurance

Disability insurance

Vision insurance

401(k) and ESOP retirement plans

Bonus plan

Paid time off

Tuition reimbursement

Supplemental insurance options

Job summary

Merchants Bank is seeking a Financial Crimes Specialist for an on-site role in Winona or Rochester, MN, with hours 8am–5pm, Monday through Friday. This role supports BSA/AML and fraud mitigation programs and requires knowledge of Verafin, alert triage, and regulatory compliance.

Responsibilities include reviewing alerts, preparing CTRs, monitoring due diligence, and assisting with investigations. You will collaborate with Analysts and Managers while maintaining high service levels and discretion.

Qualifications

• Knowledge of fraud and BSA/AML rules and bank systems.
• Ability to prioritize work and meet deadlines.
• Strong written and verbal communication.
• Detail oriented with sound judgment.

Responsibilities

• Review alerts and transaction data to identify financial crimes.
• Escalate cases and document support for conclusions.
• Assist with CTRs and regulatory reporting processes.
• Monitor client due diligence and OFAC/314(a) screening.
• Collaborate with analysts, investigators and bank staff.

Skills

Interpersonal skills

MS Office

Fraud knowledge

BSA/AML rules

Analytical thinking

Communication skills

Teamwork

Tools

Verafin

Job description

Merchants Bank is seeking a Financial Crimes Specialist for an on-site role in Winona or Rochester, MN, with hours 8am–5pm, Monday through Friday. This role supports BSA/AML and fraud mitigation programs and requires knowledge of Verafin, alert triage, and regulatory compliance.

Responsibilities include reviewing alerts, preparing CTRs, monitoring due diligence, and assisting with investigations. You will collaborate with Analysts and Managers while maintaining high service levels and discretion.