Financial Crimes Analyst II

Fifth Third Bank - Cincinnati, OH

Full-time - Entry Level

Cincinnati, OH

1,001-5,000 employees

Credit Intermediation and Related Activities

About the position

The Financial Crimes Analyst II role at Fifth Third Bank involves assisting the AML Surveillance and Operations Manager in identifying potential money laundering or terrorist financing activities. The position is crucial for ensuring compliance with the Bank Secrecy Act and involves analyzing complex data, validating AML systems, and communicating findings across various business units.

Responsibilities

• Assist with the testing and validation of new AML systems and AML surveillance scenarios as needed.
• Communicate complex data with AML Management and other lines of business related to potential suspicious activity.
• Perform trending and analysis on large data sets utilizing Excel and SAS.
• Create, review, and analyze suspicious alerts generated by the Bank's Anti-money Laundering (AML) software system in accordance with regulatory expectations.
• Maintain minimum workflow standards and assume additional responsibilities.

Requirements

• Bachelor's Degree or commensurate work experience.
• Previous exposure to SAS Enterprise Guide, SQL, R, or Python coding languages, or similar is preferred.
• Knowledge of computer fundamentals with strong Microsoft Word and Excel skills.
• Working knowledge of the Bank Secrecy Act, Anti-Money Laundering efforts, and USA PATRIOT Act is preferred.
• Strong analytical and conflict resolution skills.
• Strong oral and written communication skills.
• Strong organization skills and attention to detail.
• Ability to multi-task, work independently, and meet multiple tight deadlines.
• Strong teamwork, interpersonal and relationship building skills.
• Ability to make difficult decisions with little supervision.