Financial Crimes Analyst II Fraud Investigations

$53,200 - $101,300/Yr

Fifth Third Bank - Cincinnati, OH

Full-time - Mid Level

Cincinnati, OH

1,001-5,000 employees

Credit Intermediation and Related Activities

About the position

The Financial Crimes Analyst II position at Fifth Third Bank involves conducting complex data analysis to identify, assess, and mitigate financial crimes risk. The role requires adherence to compliance with laws and regulations while ensuring a positive customer experience. Analysts will work independently and collaboratively to evaluate system activity, analyze fraud-related activities, and contribute to policy development and risk assessments.

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.
• Appropriately escalate matters associated with Financial Crimes activity.
• Work with various business units to understand Financial Crimes and Fraud alerted activity and ensure compliance with laws.
• Maintain knowledge of current and emerging issues and risks in the compliance and regulatory environment.
• Contribute to financial crimes policies, procedures, and risk assessments as required.
• Identify areas of process improvement to increase departmental efficiencies.
• Prepare and manage communications with business lines, support groups, and external parties to ensure timely receipt of requested information.
• Conduct complex data analysis and document findings appropriately.

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 have strong analytical, problem-solving, and conflict resolution skills.

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 - $101,300 annually.
• Full-time employment with opportunities for career growth.
• Engaged and inclusive workplace culture.