Current jobs related to BSA/AML Investigations Analyst - Roseville, California - Mechanics Bank

Mechanics Bank is seeking a highly skilled BSA/AML Investigations Analyst to join our team. As a key member of our Financial Crimes department, you will play a critical role in identifying and mitigating financial risks associated with money laundering, terrorist financing, and other illicit activities.

• Transaction Monitoring and Analysis: Review and analyze account and customer transactional activity to identify potential suspicious activity, ensuring accurate and timely submission of all required reports.
• Investigative Techniques: Apply critical thinking skills and experience to provide a thorough and comprehensive narrative justifying the decision to forward to the Investigations Team for further review or to file a SAR.
• Research and Due Diligence: Utilize bank systems and publicly available search engines to validate identities, research individual backgrounds, and obtain information on transactional counterparties.
• Business Partner Relationships: Develop and maintain professional-level communication with business partners to enhance the ability to obtain customer information critical in making determinations on customer risk to the bank.
• Compliance and Risk Management: Maintain disciplines in consistently following current processes, procedures, and policies ensuring compliance with applicable regulatory requirements regarding timely, accurate, and thorough investigations.
• Interactions with Law Enforcement: Interact with Federal, State, and Local law enforcement agencies in receiving and providing critical investigative and case elements that can be used in prosecuting elements of a crime.
• Professional Development: Continuously learn and develop new skills that are transferable to other areas of the department and can provide additional bench strength for the team.

• Education and Experience: High school diploma or equivalent with 2 years of banking or other financial services experience preferred.
• Knowledge and Skills: Develop a thorough knowledge of anti-money laundering regulatory requirements of the Bank Secrecy Act, Office of Foreign Asset Control, USA PATRIOT Act, and related requirements.
• Technical Skills: Obtain and maintain a proficiency with bank and FIU applications, including Surveillance Monitoring, Investigations, and Case Management platforms, Customer Onboarding and Customer Risk Rating platforms, Sanctions Screening Utilities, and other applications.
• Investigative Skills: Develop investigative skills in analysis of transactional activity that are indicative of unusual cash structuring, ACH-related transactions, wire alerts, loan activity, and activity that appears unrelated to stated business purposes.
• Communication and Interpersonal Skills: Develop comprehensive narrative to cases involving National Security Letters, Law Enforcement or Judiciary Requests, External Media cases, 314(a) positive matches, Internal referrals, 314(b) requests, EDD referrals, International wires to/from bank in designated High Risk Country, OFAC Sanctions screening alerts, and at the discretion of the Investigations manager.
• Professional Certifications: FFIEC BSA/AML Investigations Manual, Enhanced Due Diligence, Customer Due Diligence, and Customer Risk Rating, Information Sharing, Government Reporting, Applying Risk-based Analysis and Reporting Methodologies, and Understanding of BSA/AML Compliance and Risk Best Practices.

The final compensation package will be determined by the work experience, education, and/or skill level of the applicant, along with internal equity and alignment with geographic market data.

Mechanics Bank is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, religion, national origin, age, genetic information, veteran status, or on the basis of disability, gender identity, sexual orientation, or other bases prohibited by applicable law.