The position of AML Investigator functions as a subject matter expert in Bank Secrecy Act (BSA)/Anti-Money Laundering (AML) program and oversees day-to-day triage and investigations within the BSA/AML compliance program.  Ensures all AML triggered alerts and referrals are researched, processed, and investigated for potential regulatory reporting as well compliance with other BSA/AML requirements, including:  Customer Identification Program (CIP), Enhanced Due Diligence (EDD), Office of Foreign Assets Control (OFAC) and the USA Patriot Act.

• Utilize the credit union’s internal monitoring systems to monitor and investigate potential AML violations. Fully document investigations and file applicable Suspicious Activity Reports (SARs) as required.
• Ensure the timely filing of Currency Transaction Reports (CTRs) via the credit union’s BSA/AML software.
• Review and respond in a timely manner to system generated alerts, as well as 314(a) information requests, either during the account opening process, periodic scans of the credit union’s member base and between EDD reviews.
• Conduct periodic EDD review of specific members to ensure BSA compliance and to fill SARs as required.
• Identify and recommend improvements to the credit union’s BSA/AML program to the Team Leader.
• Assists in the development of new and/or updated policies and procedures related to BSA, AML, OFAC and the USA Patriot Act.
• Maintain effective relationships with local, state and federal authorities and follow-up on criminal investigations.
• Assist in training opportunities with credit union employees on BSA/AML related issues and mitigation efforts to detect and report violations of U.S. Patriot Act.
• Provide support to other departments in identifying AML prevention measures.
• Support both the Fraud & Financial Investigations Teams in their efforts to prevent, detect and respond to fraud and AML violations.
• Other duties as assigned

Education and Experience

• Bachelor’s Degree in Criminal Justice or related field with a minimum of five years of experience in BSA/AML investigations or BSA/AML Compliance.
• A minimum of six years of experience as a Financial Crimes Analyst, BSA/AML Analyst or BSA/AML Investigator.
• A combination of education and experience.
• Previous experience writing and/or reviewing regulatory filings.
• A minimum of four years of experience in bank fraud operations as well as regulatory compliance knowledge.
• CAMS certification is required.

Required Knowledge, Skills and Abilities

• Thorough knowledge and understanding of Bank Secrecy Act and USA Patriot Act regulations.
• Ability to build strong relationships throughout the credit union, law enforcement, and other outside agencies.
• Ability to maintain confidential information.
• Ability to self-initiate and work independently without close supervision.
• Strong written and oral communication skills.
• Strong spreadsheet and word processing skills.
• Comfortable presenting to both small and large groups of credit union employees, or community members on BSA Compliance topics.