Financial Crimes Investigator I

Truist Financial - Wilson, NC

Part-time,Full-time - Entry Level

Onsite - Wilson, NC

Credit Intermediation and Related Activities

About the position

The Financial Crimes Investigator I role at Truist involves conducting investigations into potentially fraudulent activities and high-risk transactions, focusing on compliance with laws and regulations related to money laundering and terrorist financing. The position emphasizes data management, risk management, and loss prevention analysis, requiring the investigator to analyze cases, reports, and alerts according to established policies and procedures.

Responsibilities

• Conduct timely, comprehensive investigations of customers, noncustomers, and/or teammates by utilizing all available information.
• Research transactional anomalies and analyze information produced to detect any patterns of unusual internal or external conduct, identify risk policy breakdowns, and recognize fraudulent activities.
• Communicate results of analysis and/or research to appropriate departmental leadership including conclusions and recommendations for next steps.
• Communicate with Relationship Managers, branch associates, and others as needed to gather additional client information.
• Act as a point of contact for case or alert questions and support.
• Responsible for detecting fraud, suspicious transactions or those in violation of applicable BSA/AML/OFAC laws and regulations.
• Participate in BSA/AML/OFAC and/or Fraud related training to stay abreast of changing laws and regulations.
• Serve as subject matter experts in their respective roles (fraud, BSA/AML, OFAC) for other teams supporting the same function.

Requirements

• Bachelor's degree or equivalent education and related training.
• Three to four years of banking, financial industry or related experience, preferably in a branch, audit, compliance or lending-related area.
• Strong knowledge and experience with BSA regulations and related compliance requirements, including reporting and record retention requirements.
• Thorough working knowledge of the risk indicator trends in money laundering, terrorist financing and fraud.
• Strong investigative research and documentation skills.
• Strong analytical and critical thinking skills.
• Ability to work in a high-stress, fast-paced and rapidly changing environment with time-critical situations.
• Demonstrated proficiency in basic computer applications such as Microsoft Office software products.
• Excellent verbal and written communication skills.

Nice-to-haves

• Three years of experience in investigation, law enforcement, or lending role.
• Working knowledge of user acceptance testing including planning, development and execution of test cases.
• Experience with BSA transaction monitoring or case management applications.

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)
• Sick days (minimum of 10 days)
• Paid holidays
• Defined benefit pension plan (depending on position)
• Restricted stock units (depending on position)
• Deferred compensation plan (depending on position)