FIU Investigator I

Banc of California, Inc.; Santa Ana (CA); On-site; USD 70,000 - 100,000; Full time

Benefits offered by this job

401(k) with company match

Comprehensive health insurance

Paid time off and holidays

Tuition reimbursement and mentorship

Career growth programs

Job summary

Banc of California is seeking an FIU Investigator I to manage cases from intake through completion under AML procedures and policies. You will analyze transactions, document findings, and prepare reports, collaborating with internal teams to detect and deter financial crime.

The role requires AML experience, strong research skills, and the ability to deliver clear, timely information to management. A Bachelor’s degree is preferred, with comprehensive benefits and growth opportunities offered by

Qualifications

• Three years of direct BSA, AML, or OFAC experience or equivalent.
• Experience reviewing customer transactions for potentially suspicious activity.
• Work experience in a financial institution with AML experience.
• Knowledge of applicable state and federal regulations and laws.
• Knowledge of money laundering and AML guidelines.
• Ability to understand and draw conclusions from research.
• Intermediate computer and math skills including Excel and calculating percentages.
• Ability to draft and interpret charts and graphs.

Responsibilities

• Conduct investigations generated through Case Management Tool, onboarding, and monitoring referrals.
• Research and analyze account records to detect potentially criminal activity including fraud or money laundering.
• Document and report investigation findings and prepare case files for review.
• Communicate with internal and external entities and risk units.
• Submit information requests to obtain additional information for investigations.
• Collect and examine financial statements to identify unusual patterns.
• Conduct research using bank systems and databases to resolve investigations.
• Prepare Suspicious Activity Reports and track account closures as required.
• Conduct cross-sector reviews among multiple units.
• Triage cases and escalate matters to Senior Management as needed.
• Follow all policies and perform other duties as assigned.

Skills

AML Investigations

Case Management

Regulatory Compliance

Financial Crime Analysis

Research & Reporting

Communication

Time Management

Supervision & Collaboration

Education

Bachelor’s degree preferred

High school diploma or equivalent required

Tools

Microsoft Word

Excel

PowerPoint

Outlook

Job description

BANC OF CALIFORNIA AND YOUR CAREER

Banc of California, Inc. (NYSE: BANC) is a bank holding company with over $34 billion in assets and the parent company of Banc of California. Banc of California is one of the nation’s premier relationship-based business banks, providing banking and treasury management services to small, middle market, and venture backed businesses. As the largest independent bank headquartered in California, the bank offers a broad range of loan and deposit products and services through a network of full-service branches and regional offices, as well as through digital and nationwide capabilities. The bank also provides full-service payment processing solutions to its clients and serves the Community Association Management industry nationwide through its technology forward platform, SmartStreet™. Banc of California is committed to supporting its local communities through the Banc of California Charitable Foundation and by partnering with organizations that promote financial literacy, job training, small business support, affordable housing, and more.

At Banc of California, our success is powered by our people and a shared commitment to delivering meaningful results. We foster an environment where entrepreneurial thinking is encouraged, and accountability and operational excellence are expected. Our team members are empowered to take ownership, make informed decisions, and make a meaningful impact as the bank continues to grow and evolve. We are dedicated to supporting your growth and wellbeing through comprehensive benefits, robust development opportunities, and inclusive programs that enable you to perform at your best. Together we win!

THE OPPORTUNITY

The FIU Investigator I manages a caseload of investigations, performs analysis and follow-up, and works cases from beginning to completion according to AML procedures and policies. Performs all duties in accordance with the Company’s policies and procedures, all U.S. state and federal laws and regulations, wherein the Company operates.

How You’ll Make a Difference

• Conduct investigations generated through the Case Management Tool, client onboarding and maintenance, transaction monitoring referrals, government sources, business partners, and other control areas.
• Research and analyze account records and reports to detect transactions involving potential financial criminal activity, including fraud, money laundering, or terrorist financing.
• Document and report investigation findings and prepare case files for review, including media search results, copies of statements and checks, and results from internal system searches.
• Communicate with internal and external entities, members of the sales team, and other risk units.
• Submit Requests for Information to the front lines to obtain additional information supporting investigations and follow up to ensure timely receipt.
• Collect and examine financial statements and documents to identify unusual transaction patterns.
• Conduct research using available Bank systems, the internet, and databases to support the resolution of investigations.
• Write and submit Suspicious Activity Reports for review and filing, recommend relationship retention or termination, and track account closures as required.
• Conduct cross-sector reviews among multiple business units.
• Triage cases and identify matters appropriate for escalation to Senior Management.
• Follow all established policies and procedures.
• Perform other duties and projects as assigned.

What You’ll Bring

• A minimum of three years of direct BSA, AML, or OFAC experience or equivalent experience.
• Experience reviewing customer transactions and information for potentially suspicious activity and performing AML or financial investigations.
• Work experience in a financial institution with job-specific AML experience.
• Knowledge of applicable state and federal regulations and laws, including Regulation Z, Regulation B, the Fair Housing Act, the Home Mortgage Disclosure Act, the Real Estate Settlement Procedures Act, the Fair Credit Reporting Act, the Bank Secrecy Act in conjunction with the USA PATRIOT Act, Anti-Money Laundering requirements, the Customer Identification Program, the Right to Financial Privacy Act, and the Community Reinvestment Act.
• Knowledge of laws applicable to money laundering, including the Bank Secrecy Act, USA PATRIOT Act, U.S. Treasury AML guidelines, OFAC requirements, and Suspicious Activity Reporting requirements.
• Established business knowledge and understanding of financial products.
• Ability to understand and draw conclusions from research.
• Intermediate computer skills, including Microsoft Word, Excel, PowerPoint, and Outlook.
• Intermediate mathematical skills, including calculating interest and percentages, balancing accounts, performing calculations using whole numbers, common fractions, and decimals, locating routine mathematical errors, and computing rates, ratios, and percentages.
• Ability to draft and interpret bar graphs.
• Effective organizational and time-management skills.
• Exceptional oral, written, and interpersonal communication skills.
• Ability to make decisions that have a moderate impact on the immediate work unit and cross-functional departments.
• Ability to organize and prioritize short-term and long-term work schedules.
• Ability to provide consultation and expert advice to management.
• Ability to deliver informal and formal presentations inside and outside the organization, including speaking before assigned teams or other groups as needed.
• Ability to address complex and difficult problems involving multiple facets and variables in non-standardized situations.
• Ability to work with little to no supervision while performing duties.
• Bachelor’s degree preferred.
• High school diploma or equivalent required.

How We’ll Support You

• Financial Security: You will be eligible to participate in the company’s 401k plan which includes a company match and immediate vesting.
• Health & Well-Being: We offer comprehensive insurance options including medical, dental, vision, AD&D, supplemental life, long-term disability, pre-tax Health Savings Account with employer contributions, and pre-tax Flexible Spending Account (FSA).
• Building & Supporting Your Family: Banc of California partners with providers that offer adoption, surrogacy, and fertility assistance as well as paid parental leave and family support solutions including care options for your family.
• Paid Time Away: Eligible team members receive paid vacation days, holidays, and volunteer time off.
• Career Growth Opportunities: To support career growth of our team members, we offer tuition reimbursement, an annual mentorship program, leadership development resources, access to LinkedIn Learning, and more.

The base salary ultimately offered is determined through a review of education, industry experience, training, knowledge, skills, abilities of the applicant in alignment with market data and other factors.

Banc of California is an equal opportunity employer committed to creating a diverse workforce. All qualified applicants will receive consideration for employment without regard to their actual or perceived race (including traits associated with race, such as hair texture, hair type or protective hairstyles), religion or religious creed (including religious dress and grooming practices), color, sex (including pregnancy, childbirth, breastfeeding and related medical conditions), sexual orientation, gender, gender identity, gender expression, gender transitioning, citizenship status, national origin, ancestry, age, marital status, military or veteran status, medical condition, genetic information, or disability (mental or physical), requests for accommodation and any additional protected categories set forth in applicable federal, state or local laws. If you require reasonable accommodation as part of the application process, please contact Talent Acquisition.