Risk Specialist II - EDD

First Horizon Corp.; Memphis (TN); Hybrid; USD 55,000 - 85,000; Full time

Job summary

First Horizon Corporation, headquartered in Memphis, TN, seeks an AML Investigator to perform confidential research and investigations of money laundering and financial crime. Responsibilities include customer due diligence, transaction analysis, case documentation, and participation in audits.

Strong knowledge of BSA compliance and prior banking experience preferred. The role emphasizes onboarding reviews, risk assessment, and collaboration with management to ensure timely completion of

Qualifications

• CDD & EDD experience required or preferred.
• Strong analytical skills for transaction monitoring and pattern recognition.
• Ability to document investigations and prepare management-ready cases.
• Understanding of AML, financial crime laws, and regulatory expectations.

Responsibilities

• Monitor client relationships and conduct customer due diligence and enhanced due diligence as needed.
• Analyze client account transactions to detect suspicious activity and decide on actions.
• Document findings and prepare cases for review by management.
• Provide risk rating recommendations for reviewed client relationships.
• Review and analyse prospect clients prior to onboarding.
• Support management to ensure daily, weekly, and monthly obligations are met.
• Participate in regulatory exams/audits by gathering requested data.
• Perform other duties as assigned.

Skills

CDD & EDD

Transaction analysis

Regulatory reporting

Attention to detail

Education

High school diploma or GED

Job description

Summary

The position is responsible for performing confidential research and investigations of money laundering and other financial crimes.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Monitor all aspects of client relationships and conduct customer due diligence and enhanced due diligence when necessary.
• Analyze client account transactions to detect suspicious activity. Make decisions on appropriate action to take regarding the need for further investigation.
• Document the summary of investigative findings (e.g., copies of statements/checks, media search results, results from internal system searches, etc.) and prepare cases for review and approval by management.
• Provide risk rating recommendations to management for clients' relationships reviewed, by determining if client is low or potentially high risk.
• Onboarding - Review and Analyse prospect client(s) prior to onboarding.
• Support management teams, ensuring daily, weekly, and monthly activities are completed on time.
• Participate in exams/audits by assisting in gathering of data for federal regulators, state examiners, independent auditors, and law enforcement.
• Performs all other duties as assigned.

SUPERVISORY RESPONSIBILITIES

1. No supervisory responsibilities

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Additionally, the qualifications listed below are representative of the knowledge, skills, and/or abilities required in this position:

1. High school diploma or GED and 0-4 years of experience or equivalent combination of education and experience
2. Compliance and Risk Management Experience - 3 -5 years of BSA experience.
3. Banking experience preferred

About Us

First Horizon Corporation is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.

Benefit Highlights

• Medical with wellness incentives, dental, and vision
• HSA with company match
• Maternity and parental leave
• Tuition reimbursement
• Mentor program
• 401(k) with 6% match
• More -- FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits

Follow Us

• Facebook
• X formerly Twitter
• LinkedIn
• Instagram
• YouTube