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BSA/AML Investigator, High Risk Client UnitDescriptionAt Bank of the West, our people are having a positive impact on the world. We’re investing where we feel we can make the most impact, like advancing diversity and women entrepreneurship programs, financing for more small businesses, and promoting programs for sustainable energy. From our locations across the U.S., Bank of the West is taking action to help protect the planet, improve people’s lives, and strengthen communities. We are part of BNP Paribas, a global leader supporting the UN Sustainable Development Goals (SDGs). Yes, we’re a bank, but as the bank for a changing world, we are continually seeking to improve the ways we help our customers, while contributing to more sustainable and equitable growth.PositionSummaryThepurpose of the High Risk Client Unit (HRCU) is to identify, assess risk, andmonitor certain high risk clients and set the industry standard in duediligence focused on high risk clientele. Among the other duties of theHRCU is to recommend account closure or take/recommend other appropriate actionbased on customer activity, regulatory guidance and the Bank’s risk tolerance.TheInvestigator is responsible for delivering subject matter expertise for theCDD/EDD unit based on strong process, communication and adherence to the proceduresof AML compliance functions. The Investigator is responsible forconducting initial and ongoing Enhanced Due Diligence (EDD) Case Reviews CDDfor the purposes of documenting the EDD for clients that pose greater thannormal anti-money laundering risk to the Bank.PositionAccountabilities
Provides a comprehensiveunderstanding of the Bank’s clients, stakeholders and commitment to theintegrity of the financial system.
Complete enhanced duediligence for clients identified as high risk.
Prepares and thoroughlydocuments factual and impartial findings in an accurate and timely manner.
Communicates with branch anddepartment managers, as necessary, in researching and investigating cases.
Documents results of EDDCase Reviews on case management system and meets reporting requirements ofboth internal and external entities. Compiles data, and maintainsnecessary records and files to assure efficient and consistent reportingof investigations.
Makes recommendations forclosing accounts and performs associated follow up to ensure closure ofthe accounts.
Maintains a goodunderstanding of the BSA regulations and FinCEN guidelines relative to BSASuspicious Activity Reporting and current money laundering schemes andinvestigative techniques required to detect such schemes.
Maintains thorough knowledgeof the Bank's systems used to conduct research of customer transactionactivity.
QualificationsRequiredEducation or Equivalent Experience
Bachelor's degree orequivalent bank-related work experience in operations.
CAMS certification preferred
RequiredExperience
5 years experienceinvolving financial research in bank operations.
Fieldof Experience
Good knowledge of bankoperations, policies and procedures, systems and operating rules.
Good knowledge of Branch orback-office operations; Branch Customer Service Manager or AML experienceat another financial institution preferred.
Good knowledge of BSAregulations pertaining to suspicious AML-related customer activity.
Good knowledge of Bank'shost systems and eVision, as well as the BSA-related suspicious activitydetection systems used by the Bank.
Administrative/TechnicalSkills
Written and verbalcommunications skills
Strong interpersonal skills
Analytical and multi-taskingskills
PC Skills - Windows NT,Word, Excel
Equal Employment Opportunity PolicyBank of the West is an Equal Opportunity employer and proud to provide equal employment opportunity to all job seekers without regard to any status protected by applicable law. Bank of the West is also an Affirmative Action employer - Minority / Female / Disabled / Veteran.Bank of the West will consider for employment qualified applicants with criminal histories pursuant to the San Francisco Fair Chance Ordinance subject to the requirements of all state and federal laws and regulations.Job: Bank Secrecy Act / Anti Money LaunderingLocation: United States-Nebraska-OmahaRequisition ID: 045034
