Financial Crimes Specialist

Fifth Third Bank; Chicago (IL); Presencial; USD 45.000 - 86.000; Jornada completa

Descripción de la vacante

Fifth Third Bank seeks a Financial Crimes Specialist to investigate and monitor potential threats. You will analyze alerts, escalate issues, and prepare reports to support regulatory compliance and accurate risk assessment.

Role requires 1–2 years in compliance or investigative work, a related degree or experience, and strong analytical and communication skills. Office-based position with standard corporate benefits.

Formación

• One to two years of specialist experience in compliance, investigative work, or a related field.
• Associates Degree or commensurate work experience.
• Strong analytical, problem-solving, and conflict resolution skills.
• Knowledge of Suspicious activity, Bank Secrecy Act, AML, USA PATRIOT Act, Fraud and OFAC.
• Understanding of federal and state laws and regulations relevant to the role.
• Strong oral and written communication skills.

Responsabilidades

• Reviews, analyzes system activity and alerts per Financial Crimes Compliance expectations.
• Escalates Financial Crimes matters when engagement from supervisory staff is warranted.
• Prepares reports and recommends follow-up actions.
• Supports and collaborates with other lines of business.
• Works with business units to ensure compliance with laws and understand alert activity.
• Communicates with internal and external customers on Financial Crimes or Fraud matters.

Conocimientos

Compliance

Investigative work

Analytical thinking

Communication

Educación

Associates Degree or commensurate work experience

Herramientas

Microsoft Office Suite

Descripción del empleo

Make banking a Fifth Third better® We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.

GENERAL FUNCTION:

Investigates, monitors and reports on cases involving potential threats to the Bank to ensure compliance with regulatory requirements. Responsible for filing applicable reports and escalating financial crime related matters when appropriate. Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Banks risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Reviews and Analyzes system activity and generated alerts in accordance with Financial Crimes Compliance expectations..
• Ability to analyze Financial Crimes and Fraud related triggers related to risk activity.
• Appropriately escalates matters associated with Financial Crimes activity that warranties engagement from supervisory staff.
• Prepares Reports and recommends appropriate follow-up.
• Provides Support and Works with other Lines of business.
• Works with various business units to understand the Financial Crimes and Fraud alerted activity and to ensure compliance with laws.
• Possesses working knowledge of industry trends.
• Ability to complete assigned work in a timely and accurate manner.
• Ability to communicate effectively verbally and in writing with internal and external customers on Financial Crimes or Fraud related matters.
• Performs other duties as required.

BANK SECRECY ACT REQUIREMENTS:

Responsible for adhering to the reporting and record keeping requirements of the Bank Secrecy Act and Anti-Money Laundering rules and regulations, observing economic sanctions by prohibiting transactions as specified by the Office of Foreign Asset Control (OFAC), following the bank’s customer identification program (CIP) rules, observing all Bank policies and procedures relating to BSA, OFAC, CIP, and related acts, and participation in ongoing related training.

SUPERVISORY RESPONSIBILITIES:

None.

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

• One to two years of specialist experience in compliance, investigative work, or a related field.
• Associates Degree or commensurate work experience.
• Strong analytical, problem-solving, and conflict resolution skills
• Demonstrated knowledge of Suspicious activity in regard to financial institutions, money laundering trends, terrorist financing indicators, the Bank Secrecy Act, Anti-Money Laundering efforts, USA PATRIOT Act, Fraud and OFAC.
• Functional understanding of federal and state laws and regulations pertinent to the position
• Strong oral and written communication skills.
• Highly organized with the Ability to multi-task detailed items and follow-up as needed.
• Proactive in identifying potential concerns and following-up to Resolve such issues.
• Excellent teamwork, interpersonal and relationship building skills.
• Ability to make decisions or know when to elevate matters to management
• Ability to communicate with management
• Ability to work independently and meet deadlines
• Proficiency with Microsoft Office Suite

WORKING CONDITIONS:

Normal office environment with little exposure to dust, noise, temperature and the like. Extended viewing of a CRT screen.

Financial Crimes Specialist Total Base Pay Range 45,100.00 - 85,600.00 USD Annual

At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day. The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html and by consulting with your talent acquisition partner.

LOCATION -- Cincinnati, Ohio 45227

Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes – no matter how they are submitted – will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.

Introduce yourself to our team to stay connected on future opportunities. We look forward to finding the right place for you. Are you ready to take the next step?

Fifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services that improve lives. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation’s highest performing regional bank, but to be the bank people most value and trust.