The final salary or hourly wage, as applicable, paid to each candidate/applicant for this position is ultimately dependent on a variety of factors, including, but not limited to, the candidate’s/applicant’s qualifications, skills, and level of experience as well as the geographical location of the position.

Applicants must be legally authorized to work in the United States. Sponsorship not available.

Our client is seeking a Bank Secrecy Act (BSA) Investigator in for a remote opportunity.

Role Description

To facilitate the day-to-day function of the BSA/AML Compliance Department and ensure that company and the institutions we service remain compliant with all current Bank Secrecy Act requirements.

• They are using a Fiserv-built application called FCRM (financial credit risk management).
• The system runs nightly and processes credit union activity
• Alerts are generated and routed to the compliance team daily
• A high volume of alerts is produced with the majority related to cash activity.
• Approximately 25% of the alerts result in SARs (Suspicious Activity Reports)
• Of those SARs, roughly 50% are cash related
• This position is heavily involved in alert triage: the team receives approximately 30-45 alerts per day, split between 2 investigators. The investigator: picks up the alert, performs an initial, high-level review; then determines whether the alerts can be closed or requires further investigation.
• About 4 alerts per day typically move into deeper investigation. If suspicious activity is confirmed, the investigator: completes the investigation then drafts and files a SARs as required.
• 30% - Conduct in-depth investigations of alerts and/or cases that have been escalated for second-level review of suspicious activity monitoring (SAM) work items generated by the Financial Crime Risk Manager (FCRM) system. The position is also responsible for drafting and reviewing Suspicious Activity Reports (SARs) filed by with the Financial Crimes Enforcement Network (FinCEN).
• 25% - Conduct targeted and thorough account reviews on known and/or suspected highrisk members to better understand expected transaction activity and risk posed to the company
• 25% - Review, process and make recommendations for suspicious activity incidents referred to the BSA department by front-line staff or other business units. These referrals may lead to cases requiring in-depth investigation and/or SAR filing.
• 10% - Process 314(a) files as directed by FinCEN and research all potential matches. Additionally, report any positive matches in a timely manner to FinCEN. Investigate all positive matches for potential suspicious activity. Research, track, and respond to information sharing requests from law enforcement and other financial institutions as provided for in the USA PATRIOT Act.
• 10% - Assist in preparing for regulatory examinations. Review and update company's policies and procedures based on regulatory changes and examinations by regulatory agencies. Prepare materials and take leadership roles training newly hired employees to the BSA team.

SKILLS & REQUIREMENTS

• Must have 2-4 years of experience as a Bank Secrecy Act (BSA) or Anti-Money Laundering (AML) Investigator - specifically looking for someone that has dealt with level 1 and 2 alerts (triage then further investigation)
• High School Diploma or GED; Bachelors preferred
• Must have 2-4 years experience working in a highly regulated financial institution / industry
• Must have Strong Computer Skills required (MS Office, and any teller platform- they use ARGO)
• Desired certifications (but not required): CAMS certification
• Analytical research skills are imperative. Must have great organizational skills and strong attention to detail.
• Highest level of integrity and objectivity to preserve independence, Strictest level of confidentiality must be adhered to.
• Must have professional phone etiquette, as well as excellent communication skills, both written and verbal.
• Ability to prioritize multiple tasks and remain flexible in changing department needs.

Benefits/Other Compensation

This position is a contract/temporary role where Hays offers you the opportunity to enroll in full medical benefits, dental benefits, vision benefits, 401K and Life Insurance ($20,000 benefit).

Why Hays?

You will be working with a professional recruiter who has intimate knowledge of the industry and market trends. Your Hays recruiter will lead you through a thorough screening process in order to understand your skills, experience, needs, and drivers. You will also get support on resume writing, interview tips, and career planning, so when there’s a position you really want, you’re fully prepared to get it.

Nervous about an upcoming interview? Unsure how to write a new resume?

Visit the Hays Career Advice section to learn top tips to help you stand out from the crowd when job hunting.

Hays is committed to building a thriving culture of diversity that embraces people with different backgrounds, perspectives, and experiences. We believe that the more inclusive we are, the better we serve our candidates, clients, and employees. We are an equal employment opportunity employer, and we comply with all applicable laws prohibiting discrimination based on race, color, creed, sex (including pregnancy, sexual orientation, or gender identity), age, national origin or ancestry, physical or mental disability, veteran status, marital status, genetic information, HIV-positive status, as well as any other characteristic protected by federal, state, or local law. One of Hays’ guiding principles is ‘do the right thing’.
We also believe that actions speak louder than words.
In that regard, we train our staff on ensuring inclusivity throughout the entire recruitment process and counsel our clients on these principles. If you have any questions about Hays or any of our processes, please contact us.

In accordance with applicable federal, state, and local law protecting qualified individuals with known disabilities, Hays will attempt to reasonably accommodate those individuals unless doing so would create an undue hardship on the company. Any qualified applicant or consultant with a disability who requires an accommodation in order to perform the essential functions of the job should call or text 813.336.5570.

Drug testing may be required; please contact a recruiter for more information.

#LI-DNI