AML/FCM Investigator TriState Capital

Summary of the Position:

The AML/FCM Investigator will be a member of TriState Capital Bank’s Anti-Money Laundering (AML) / Financial Crimes Management (FCM) Department, reporting directly to the AML/FCM Investigations and OFAC Manager. Under limited supervision, the AML/FCM Investigator monitors and investigates transactions for suspicious activity to ensure compliance with AML and Office of Foreign Assets Control (OFAC) rules and regulations, leads projects of varying degrees of complexity, serves as a subject matter expert (SME) to various business lines, and resolves or recommends solutions to complex problems.

 

Primary Functions of the Position:

• Investigate potentially suspicious activity that may arise from account surveillance, alerts, regulatory investigations, and matters otherwise escalated to the TriState AML Investigations Team by the Business, Compliance, Legal, or Risk where account transactional activity is at issue.
• Conduct appropriate investigations related to the potential suspicious activity by reviewing client background information, transactions, fund movement analysis, and various searches using third-party and internal databases.
• Prepare and provide the AML Officer and AML/FCM OFAC Manager AML and OFAC supplemental training to business line stakeholders.
• Renews and administers policies and standards to ensure compliance with regulations related to money laundering, Bank Secrecy Act (BSA) and Sanctions.
• Monitor regulatory developments and industry trends to identify process and control enhancements within the bank’s AML and OFAC Programs.
• Trains colleagues and internal AML/FCM peers on internal AML and OFAC policies, rules, and regulations.
• Develop documentation related to AML issues to enhance corporate policies.
• Informs AML/FCM management about issues that may involve rule or policy violations or potential liability.
• Assist in AML and OFAC model validation and rule tuning exercises.
• Liaise with Deposit Operations and other business lines to obtain access to relevant data, systems and issues reporting to ensure effective operations of AML and OFAC Investigations.
• Works closely with the AML Officer and AML/FCM OFAC Manager to performs other duties and responsibilities as assigned.

 

Education and Experience Requirements:

• Bachelor’s Degree (B.A.) from a four-year college or university in a related field, such as legal, finance, accounting, law enforcement or social sciences-related field, or equivalent experience.
• A minimum of 5+ years’ experience in banking, AML and/or OFAC is required.
• Subject matter knowledge of BSA/AML/OFAC and FinCEN regulatory requirements.
• Prior bank treasury, loan or deposit operations are a plus.
• ACAMS certification is preferred or required to obtain the certification as part of maintaining the role.

 

Essential Skills and Abilities:

• Interpret and apply AML and OFAC regulations, policies and procedures/standards.
• Analyzing transactional activity to identify suspicious transactions.
• Develop and deliver technical training to others.

• Gather information, identify linkages and trends and apply findings to assignments.
• Work under pressure on multiple tasks concurrently and meet deadlines in a fast-paced work environment with frequent interruptions and changing priorities.
• Communicate effectively, both orally and in writing.
• Work independently as well as collaboratively within a team environment.
• Provide a high level of customer service and maintain confidentiality with high ethical standards.
• Establish and maintain effective working relationships at all levels of the organization.
• Proficient in Microsoft Word, Excel, PowerPoint, and Outlook; Internet navigation skills including proficiency with internet search engines.
• Basic knowledge of FiServ FCRM, WireXchange, CWS and/or Signature Desktop a plus.

 

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