AML/FCM Investigator
| Company | Raymond James Financial |
|---|---|
| Location | Pittsburgh, PA, USA |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Senior |
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.
- ACAMS certification is preferred or required to obtain the certification as part of maintaining the role.
Responsibilities
- 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.
Preferred Qualifications
- Prior bank treasury, loan or deposit operations are a plus.
- Basic knowledge of FiServ FCRM, WireXchange, CWS and/or Signature Desktop a plus.