Senior BSA/AML Risk & Compliance Investigator

First Horizon Corp.; Memphis (TN); Hybrid; USD 80,000 - 120,000; Full time

Job summary

First Horizon Corporation in Memphis seeks an experienced financial crimes investigator to perform complex research and due diligence on potential AML risks. You will analyze transactions, assess client relationships, and prepare case files for review by management.

The role requires deep knowledge of BSA/AML/OFAC regulations and 5–10 years of related experience in financial institutions. On-site work across Memphis and select locations.

Qualifications

• Bachelor’s Degree required
• 5–10 years of financial institution experience
• 5–10 years of BSA/AML experience

Responsibilities

• Monitor client relationships and conduct due diligence for various client types including complex ones.
• Analyze client account transactions to detect suspicious activity and assess large data sets quickly.
• Make decisions on actions for further investigation.
• Document investigative findings and prepare cases for review by management.
• Provide risk rating recommendations for client relationships.
• Onboarding – review and analyze prospect clients prior to onboarding.
• Perform supplemental processes for complex clientele.
• Meet deadlines and adhere to quality standards.
• Assist in training associates and support the Manager.
• Participate in exams/audits and gather data for regulators and auditors.
• Perform other duties as assigned.

Skills

Financial crime investigation

BSA/AML experience

Education

Bachelor’s Degree

Job description

Location: On site in Memphis TN; Longwood, FL; Miami Lakes, FL; Asheboro, NC; Lafayette, LA; Knoxville, TN

SUMMARY

The position is responsible for performing complex confidential research and investigations of money laundering and other financial crimes. Must have in-depth knowledge of BSA/AML/OFAC regulations.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Monitor all aspects of client relationships and conduct customer due diligence and enhanced due diligence when necessary for a combination of client types including complex clients.
• Analyze client account transactions to detect suspicious activity. Must have the ability to analyze large sets of data in a timely manner.
• 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 or if account closure is recommended.
• Onboarding - Review and Analyze prospect client(s) prior to onboarding.
• Perform supplemental processes for complex clientele.
• Exhibit a sense of urgency, adhere to deadlines and meet department quality standards for accuracy and completeness of work.
• Assist in training other associates and assist the Manager with various other job duties and assignments.
• 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:

• Education Preferred – Bachelor’s Degree
• Experience Required – 5 – 10 years of financial institution experience
• 5 – 10 years of BSA/AML experience

CERTIFICATES, LICENSES, REGISTRATIONS (Ex: CPA, Series 6 or 7 license, etc)

None required

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 atwww.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

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