Financial Crimes Analyst II Fraud Investigations

About the position

The Financial Crimes Analyst II in Fraud Investigations at Fifth Third Bank is responsible for conducting complex data analysis to identify, assess, and mitigate financial crimes risk. This role involves executing policies and procedures to ensure compliance with laws and regulations while maintaining a positive customer experience. The analyst will work independently and collaboratively with various business units to address financial crimes and fraud-related activities, contributing to the bank's overall risk management efforts.

Responsibilities

• Evaluate system activity and generated alerts in accordance with Financial Crimes Compliance expectations.
• Analyze Financial Crimes and Fraud related activity.
• Make appropriate risk decisions related to financial crimes risk.
• Escalate matters associated with Financial Crimes activity as needed.
• Collaborate with various business units to understand Financial Crimes and Fraud alerted activity and ensure compliance with laws.
• Maintain knowledge of industry trends and emerging issues in compliance and regulatory environments.
• Complete assigned work in a timely and accurate manner.
• Communicate effectively verbally and in writing with internal and external customers on Financial Crimes or Fraud related matters.
• Contribute to team meetings and assist with communicating organizational changes.
• Identify areas of process improvement to increase departmental efficiencies.
• Prepare and manage communications with business lines and external parties to ensure timely receipt of requested information.
• Conduct complex data analysis and document findings appropriately.
• Assume team leadership roles and responsibilities as required by management.
• Provide data and analytical support to business partners.

Requirements

• Bachelor's degree or equivalent work experience required.
• Three to five years of financial crimes or equivalent experience.
• Understanding of financial crimes trends, typologies, and regulatory requirements.
• Solid understanding of operational and organizational structure and Fifth Third's banking products and services.
• Excellent oral and written communication skills.
• Ability to effectively communicate with all levels of the organization in a clear concise manner.
• Demonstrate sound judgment and apply logical and critical thought processes when developing solutions or recommendations.
• Highly organized with the ability to multi-task and work under stringent deadlines.
• Ability to work independently and possess strong analytical, problem-solving, and conflict resolution skills.
• Ability to maintain professional composure in a dynamic work environment.

Nice-to-haves

• Experience with Bank Secrecy Act and Anti-Money Laundering rules and regulations.
• Familiarity with economic sanctions and customer identification program rules.

Benefits

• Competitive salary range of $53,200.00 - $101,300.00 USD annually.
• Engaged and inclusive workplace culture.
• Opportunities for career growth and development.