BSA/AML Investigation Specialist IV

Saved job description

We do the right things, right now.  We do them in a way that is relevant to our clients.  Become a part of our history as it continues to be written! 

If you are interested and qualified for this role, we invite you to apply.

First Financial Bank is responsible for maintaining an effective Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) program for risk rating clients, monitoring, detecting, and reporting suspicious activity to the appropriate regulatory agencies. As a member of the BSA/AML Compliance Investigations department, you will be part of the bank’s second line of defense to administer and enforce economic and trade sanctions put in place by the Office of Foreign Assets Control (OFAC) in support of U.S. national security and foreign policy objectives and prevent individuals and businesses from using First Financial Bank products and services for illegal purposes. As a BSA/AML Investigator, you will conduct wholistic investigations to identify high risk clients, unusual activity, preparing Suspicious Activity Reports (SARs) and other regulatory reporting requirements to be filed with the Financial Crimes Enforcement Network (FinCEN).

Essential Functions/Responsibilities

Highest skill set; may be considered subject matter expert and/or “go to” person in the department.

Applies in-depth disciplinary knowledge, contributing to the development of new techniques and the improvement of processes and work-flow for the area or function

Integrates subject matter and industry expertise within a defined area

Requires in-depth understanding of how areas collectively integrate and contribute to the objectives of the function and overall business.

Evaluates the most complex and variable issue cases with substantial potential risk impact to the bank

Regularly assumes informal/formal leadership role within teams

Involved in coaching and training of new recruits. Significant impact in terms of project size, geography, etc

Conducting comprehensive case investigations which includes analyzing transaction information, reviewing customer data, utilizing open source, media checks as research tools, and recommending a SAR or no SAR be filed

Working cooperatively with other lines of business to obtain and analyze necessary information related to the investigation

May work closely with Law Enforcement agencies.

Preparing quality investigative documentation which includes detailed case notes and attachments of internal and external research

Recommending customer relationship closures or case escalations as necessary

Ensuring all production and quality goals are met

Minimum Knowledge, Skills, and Abilities Needed to Perform Essential Functions of the Job

Ability to multi-task

4-7+ years of BSA/AML, Compliance and/or bank operational experience

Advanced knowledge of relevant regulations, laws and banking operations

High oral and written communication and interpersonal skills

Proficient knowledge of Microsoft Office

Advanced knowledge of appropriate banking software (i.e.Jack Henry, Verafin)

Bachelor’s degree or equivalent experience preferred

Professional certifications, as applicable

Preferred Knowledge and Skills

ACAMS / CRCM / CAFP advanced degree preferred but not required; equivalent experience will be given credit

Level of Complexity and Scope

Solves complex problems by applying a comprehensive and creative perspective to identify new solutions.

Able to handle complex tasks to support the Risk team.

High skill set; may be considered subject matter expert and/or “go to” person in the department.

Leadership skills; ability to manage work flow and delegate as appropriate.

Executes complex or specialized projects.

Degree of Independence and Decision-Making

Must be independent and capable of independent decision making while demonstrating ability to exercise good judgment in assessing the significance and relevance of identified compliance risks and timely escalation to reporting manager.

Provides advice/direction in primary areas of expertise.

Acts as a resource for colleagues with less experience.

Required Supervisory Responsibilities

Assists AML Supervisor as needed.

Physical Requirements

Occasionally lifts and carries up to 50 lbs.

Frequently lifts and carries up to 10 lbs.

Frequently sits, stands, walks and drives

Compliance Statement

The associate is responsible for meeting all compliance requirements imposed on First Financial Bank by State and Federal law and regulation, as well as all related First Financial Bank policies and procedures. This includes all Bank Secrecy Act, Anti-Money Laundering, OFAC and Suspicious Activity reporting requirements, as well as all other lending and deposit compliance requirements.

Development and Training

Pay Range:

$74,000/year to $100,000/year

Benefits

We have relevant, thoughtful benefits and programs that support every aspect of our associates' holistic wellbeing. Please review our Benefits Guide . 

Incentive Eligibility

All roles are incentive eligible with the exception of Co-Op, Intern, or Student positions.

It is our policy to not discriminate against any individual in violation of federal, state, and local laws as it relates to age, race, color, religion, national origin, sex, marital status, pregnancy, gender identity, disability, sexual orientation, genetic information, veteran/military service, or any other characteristic protected by law.

We are an E-Verify Employer.