Regions Bank BSA / AML Investigator in Birmingham, Alabama
Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.
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At Regions, our Bank Secrecy Act (BSA)/Anti-Money Laundering (AML) Investigator I completes extensive thorough investigations of fraud and other alerts and referrals for suspicious activity.
•Determines suspicious activity report (SAR) filing requirements
•Recommends SAR or NO-SAR decision for bank filing
•Completes detailed multi-page narratives of investigation findings in the form of a SAR or no SAR memo to file as appropriate, and reviews all cases for completeness and accuracy
•Ensures compliance with approved policies and procedures related to BSA/AML including case documentation
This position is exempt from timekeeping requirements under the Fair Labor Standards act and is not eligible for overtime pay.
•High school diploma or GED
•Three years related banking industry work experience
• Knowledge of Private Banking, Wire Transfers, BSA/AML, OFAC and FinCEN related laws and regulations
Skills and Competencies
•PC proficient with strong word processing and spreadsheet skills
•Experience with search engines
•Experience with case management systems, databases and similar automation
•Knowledge of the Bank's mainframe systems and applications
•Excellent analytical, oral and written communication skills
•Ability to multi-task and set priorities
•Bachelors degree in a related field
•Previous work experience analyzing customer financial activity
• Previous BSA/AML, fraud, loss prevention, or corporate security investigative experience or experience analyzing customer financial activity for unusual behavior
At Regions, our culture focuses on five core values that are a commitment to how we will do business:
Put people first
Do what is right
Focus on your customer
Through these values, our mission to make life better drives our desire to improve and make a positive difference in the communities where we work and live through financial investments and volunteering.