FIU Investigations Analyst

Commerce Bancshares, Inc; Kansas City (MO); Hybrid; USD 80,000 - 100,000; Full time

Job summary

Commerce Bancshares, Inc seeks an FIU Investigations Analyst to ensure compliance with BSA/AML regulations and investigate financial crimes. The role involves reviewing transaction reports and preparing documentation for law enforcement, requiring strong investigative skills and a background in banking.

Benefits

Health, dental, and vision insurance

401(k)

Paid vacation

Paid personal time

Career development

Education assistance

Qualifications

• 2+ years of AML or retail banking experience required.
• Knowledge of compliance regulations and payment rules.
• Experience in investigations preferred.

Responsibilities

• Review and complete Currency Transaction Reports (CTRs).
• Perform investigations of suspicious activity.
• Prepare Suspicious Activity Reports (SARs).

Skills

Investigative skills

Attention to detail

Communication skills

Knowledge of banking regulations

Education

Bachelor’s degree or equivalent

Tools

Microsoft Word

Microsoft Excel

Microsoft Outlook

Job description

About Working at Commerce

Building a career here is more than just steps on a ladder. It’s about helping people find financial safety and success, helping businesses thrive, and making sure people and their money are taken care of. And our commitment doesn’t stop there. Our culture is about our people, the ones in our communities and the ones that work with us.

Here, you’ll find opportunities to grow and learn, to connect with others, and build relationships with the people around you. You’ll have the space and resources to grow into the best version of yourself. Because our number one investment is you.

Creating an award-winning culture doesn't come easy. And after 160 years, we know Commerce Bank is only at its best when our people are. If this sounds interesting to you, keep reading and let’s talk.

Compensation Range

Hourly: $18.55 - $26.90 (Amount based on relevant experience, skills, and competencies.)

About This Job

The FIU Investigations Analyst will work under general direction of the FIU Investigations Supervisor and FIU Investigations Manager to ensure implementation of the Anti-Money Laundering function for Commerce Bank and ensure adherence to BSA/AML/OFAC statutes and regulations, as well as prevent, detect, and investigate financial crimes. This is a trusted position and the candidate must be able to process sensitive information in accordance with current disclosure policies.

Essential Functions

• Review and complete Currency Transaction Reports (CTRs) to be filed with FinCEN within regulatory timeframes

• Perform in-depth investigations of potentially suspicious activity via alerts generated from the AML and Fraud monitoring systems, retain case documentation and provide analysis of findings in written format

• Review customer/account activity for potential money laundering and/or terrorist financing related activities

• Prepare Suspicious Activity Reports (SARs) within regulatory timeframes

• Prepare documents requested by law enforcement, related to SAR filings

• Assist in preparation of management reports

• Prepare statistical reports as needed or requested

• Assist in preparation for regulatory examinations

• Assist in completion of required interim reviews of currently exempted accounts

• Perform other duties as assigned

Knowledge, Skills & Abilities Required

• Intermediate understanding of anti-money laundering and financial crimes (check fraud, embezzlement, etc.)

• Intermediate investigative and documentary skills to report activity clearly and concisely

• Knowledge of banking and compliance regulations

• Knowledge of various payment rules and regulations (Reg C and UCC)

• Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities

• Inquisitive, agile and strong team player with excellent written, verbal and interpersonal communication skills

• Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values

• Intermediate level proficiency with Microsoft Word, Excel and Outlook

Education & Experience

• Bachelor’s degree or equivalent combination of education and experience in a financial institution or law enforcement setting required

• 2+ years of AML or retail banking experience required

• Previous banking and/or investigations experience in compliance, audit, deposit operations, or within a banking retail position preferred

• OFAC experience preferred

** Level of role is determined by knowledge, experience, skills, abilities, and education.

*** For individuals applying, assigned and/or hired to work in areas with pay transparency requirements, Commerce is required by law to include a reasonable estimate of the compensation range for some roles. This compensation range is for the FIU Investigations Analyst I, II, and Senior job and contemplates a wide range of factors that are considered in determining most appropriate job level and making compensation decisions, including but not limited to location, skill sets, education, relevant experience and training, licensure and certifications, and other business and organizational needs. The disclosed range estimate has not been adjusted for any applicable differentials (geographic, bilingual, or shift) that could be associated with the position or where it is filled. At Commerce, compensation decisions are dependent on the facts and circumstances of each situation. A reasonable estimate of the current base pay is $18.55 to $26.90 per hour.

#LI-Hybrid

The candidate selected for this position may be eligible for the following employment benefits: employer sponsored health, dental, and vision insurance, 401(k), life insurance, paid vacation, and paid personal time. In addition, we offer career development, education assistance, and voluntary supplemental benefits. Click here to learn more.

Location: 922 Walnut, Kansas City, Missouri 64106

Time Type:

Full time