Financial Crimes Analyst III

Truist Financial - Charlotte, NC

Part-time,Full-time - Entry Level

Charlotte, NC

Credit Intermediation and Related Activities

About the position

The position involves performing research and loss mitigation efforts across multiple intake channels to make decisions on Financial Crimes related cases and alerts. The role requires analyzing account activity to assess risk levels and making decisions in accordance with corporate and departmental policies and procedures. The position is part of the Global Sanctions and Screening Team, which is responsible for managing the review and disposition of complex sanctions alerts to prevent Truist from engaging in prohibited activities. This includes timely analysis and adjudication of sanctions client alerts, expert review of complex transactions, and managing communications with business units to obtain necessary documentation for evaluating alerts. The teammate will also analyze and decide on multiple Financial Crimes related cases or alert types, utilizing banking systems to investigate transactional information and ensuring compliance with Financial Crimes requirements. The position requires critical thinking skills to make well-supported decisions relative to the alert type and involves utilizing internal and external applications to assist in investigations. The teammate must efficiently resolve cases or alerts while being aware of timelines directed by the Financial Crimes function. Additionally, the role supports effective communication with internal and external partners or clients and requires participation in BSA/AML/OFAC and/or Fraud related training to stay updated on changing laws and regulations. The position will require on-site work three days a week, transitioning to four days a week starting October 1st.

Responsibilities

• Perform research and loss mitigation efforts across multiple intake channels to decision Financial Crimes related cases and alerts.
• Analyze and adjudicate sanctions client alerts to prevent Truist from engaging in prohibited activities.
• Review complex transactions and relationships to assess the sanctions nexus, particularly for clients with ties to sanctioned jurisdictions.
• Analyze alerts related to other risk controls, including identification of Politically Exposed Persons (PEP) and internal hotlist alerts.
• Obtain and analyze documentation related to clients from sanctioned jurisdictions to ensure compliance with legal and regulatory requirements.
• Manage communications with Business Units to obtain necessary documentation for alert evaluation.
• Utilize banking systems to investigate and research transactional information to meet Financial Crimes requirements.
• Conduct client research and use critical thinking skills to make decisions regarding alerts.
• Utilize internal and external applications to assist in investigations and research of alerts.
• Efficiently resolve cases or alerts while adhering to timelines set by the Financial Crimes function.
• Support effective communication with internal and external partners or clients.
• Participate in BSA/AML/OFAC and/or Fraud related training to stay updated on changing laws and regulations.

Requirements

• Associates Degree or equivalent education and related training.
• Three to five years of banking, financial industry, or related experience, preferably in a branch, audit, compliance, legal, risk, or lending capacity.
• Ability to learn and perform complex processes to meet departmental procedures, policies, and regulations.
• Strong investigative, analytical, and critical thinking skills.
• Strong work prioritization and time management skills.
• Strong interpersonal, communication, and client service skills.
• Demonstrated proficiency in basic computer applications such as Microsoft Office.
• Ability to work in a high-stress, fast-paced, rapidly changing environment.
• Willingness to work flexible hours as required.

Nice-to-haves

• Familiarity with OFAC/sanctions and/or the wire transfer process.
• Ability to identify, escalate, and resolve challenges.
• Experience collaborating with team members of all levels and cross-functional partners.
• Ability to work independently under time constraints and manage time efficiently.
• Ability to liaise between internal teams, external business units, and other stakeholders.
• Bachelor's degree or related qualification.
• Ability to work 9:30 AM-6:30 PM to support/rotate with teammates as needed.

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• Life insurance
• Disability insurance
• Accidental death and dismemberment insurance
• Tax-preferred savings accounts
• 401k plan
• Vacation days (minimum of 10 days, prorated)
• Sick days (minimum of 10 days, prorated)
• Paid holidays
• Defined benefit pension plan (depending on position and division)
• Restricted stock units (depending on position and division)
• Deferred compensation plan (depending on position and division)