Fraud & Financial Crimes Analyst | SIU Investigator

Transamerica; Cedar Rapids (IA); Hybrid; USD 60,000 - 70,000; Full time

Benefits offered by this job

Competitive Pay

Bonus for Eligible Employees

Benefits Package

Pension Plan

401k Match

Employee Stock Purchase Plan

Tuition Reimbursement

Disability Insurance

Medical Insurance

Dental Insurance

Vision Insurance

Employee Discounts

Career Training & Development

Job summary

Transamerica is seeking a Regulatory Compliance Analyst to conduct routine to moderately complex reviews, investigations, and due diligence to identify financial crimes risks. You will apply procedures and escalate higher-risk matters as needed.

This hybrid role requires a bachelor’s degree and 2+ years in compliance or financial crimes. You will support audits, prepare case files, and collaborate with internal partners across teams in Cedar Rapids and other hub locations.

Qualifications

• 2+ years of relevant experience in financial crimes, compliance, fraud investigations, AML, sanctions, banking, insurance, law enforcement, risk management, or a related analytical or investigative function
• Strong analytical, investigative, critical thinking, organization, communication, and time-management skills
• Ability to interpret and apply procedures, meet service standards, and use Microsoft Office applications

Responsibilities

• Conduct routine to moderately complex reviews, monitoring, triage, investigations, and due diligence involving potential financial crimes or regulatory concerns.
• Analyze information from systems, transactions, customers, agents, claims, policies, and other sources to identify risks and support disposition decisions.
• Prepare clear investigative files, findings, recommendations, and case documentation aligned with procedures and regulatory expectations.
• Support audits, examinations, reporting obligations, management reporting, dashboards, testing, projects, and system enhancements.
• Collaborate with internal partners to obtain information, communicate findings, and support risk mitigation.
• Manage assigned work accurately and timely while meeting service standards and KPIs.
• Maintain knowledge of relevant regulations, typologies, investigative methods, and assigned program requirements.
• Evaluate suspected fraud, misconduct, misrepresentation, unauthorized activity, application fraud, claims fraud, agent misconduct, or other SIU matters.
• Prepare investigative documentation and support referrals to external parties, including law enforcement, fraud bureaus, state reporting programs, or Departments of Insurance.
• Support SIU regulatory obligations, including anti-fraud plans, annual reporting, referral tracking, adult protective services reporting, and state insurance fraud requirements.
• Perform transaction monitoring, alert investigations, sanctions screening, and other risk-based reviews for unusual activity or financial crimes risks.
• Conduct enhanced due diligence reviews of higher-risk customers, including customer information, source of funds or wealth, and relevant risk factors.
• Complete investigations and document whether escalation, regulatory reporting, SAR filing, sanctions reporting, or other action is warranted.

Skills

Financial crimes

Compliance

Fraud investigations

AML

Sanctions

Risk management

Analytical reasoning

Education

Bachelor’s degree in business, finance, legal studies, criminal justice, risk management, compliance or related field

Job description

Transamerica is seeking a Regulatory Compliance Analyst to conduct routine to moderately complex reviews, investigations, and due diligence to identify financial crimes risks. You will apply procedures and escalate higher-risk matters as needed.

This hybrid role requires a bachelor’s degree and 2+ years in compliance or financial crimes. You will support audits, prepare case files, and collaborate with internal partners across teams in Cedar Rapids and other hub locations.