Bank of the West BSA/AML Investigator (Operations Adherence) in Omaha, Nebraska
BSA/AML Investigator (Operations Adherence)
At Bank of the West, our people are having a positive impact on the world. We’re investing where we feel we can make the most impact, like advancing diversity and women entrepreneurship programs, financing for more small businesses, and promoting programs for sustainable energy. From our locations across the U.S., Bank of the West is taking action to help protect the planet, improve people’s lives, and strengthen communities. We are part of BNP Paribas, a global leader supporting the UN Sustainable Development Goals (SDGs). Yes, we’re a bank, but as the bank for a changing world, we are continually seeking to improve the ways we help our customers, while contributing to more sustainable and equitable growth.
Job Description Summary
Delivers subject matter expertise by performing Quality Assurance reviews relating to Correspondent Banking BSA/AML alerts and cases, Capital Markets Market Abuse alerts, and Sanctions alerts and cases. The QA reviews performed by the investigator are critical to ensure alerts and cases are properly documented and decisioned. Conducts timely inspection activities to verify all regulatory requirements and/or Bank policies and procedures are being met. The Operations Adherence Specialist is also responsible for helping the manager to coach and mentor staff utilizing strong subject matter expertise and problem solving/analytic skills.
Essential Job Functions
Inspects the investigation, analysis and documentation of alerts and/or complex cases pertaining to capital markets abuse, correspondent banking alerts, transactions involving bank designated high risk countries (HRC), and wire transfers. Also inspects the investigation, analysis and documentation of Sanctions alerts and cases.
Compiles data and maintains records and files necessary to assure efficient and consistent reporting of inspections of work product.
Ability to interpret technical procedures, government regulations, and complex and sophisticated business documents such as financial statements, invoices, trade finance documentation, and letters of credit.
Ability to identify (and make judgment of) areas of significant risk and/or systemic issues and make process improvement recommendations to management.
Ability to assist team managers in coaching and mentoring staff as well as providing subject matter expertise and guidance to team regarding quality key performance indicators
Performs other duties as assigned.
- 5 years of experience with a financial services firm and/or regulatory organization in regulatory organization in an AML compliance, audit, or regulatory related position.
High School Diploma or GED required
Associate’s, Bachelor’s, Master’s/Advanced Degree preferred
Preferred license(s) or certification(s)
CAMS, CFCS, CFE, or other industry-recognized certification preferred
Strong knowledge of BSA/AML, KYC, US securities and banking regulations.
Ability to interact effectively with investigative staff and senior management.
Ability to apply knowledge of regulations regarding numerous type of trading activities and operating arrangements.
Strong knowledge of AML processes, communication of, and adherence to, the procedures of AML compliance functions knowledge is critical to both conducting SAR determinations and / or conducting CDD reviews.
Thorough knowledge of investigative techniques including transaction analysis, evidence gathering and demonstrated research and/or pattern recognition skills in a Corporate and Institutional Banking setting.
Detailed analytical and research skills including use of online research tools and report writing.
Ability to work independently and display initiative.
Detailed planning and organizational skills.
Ability to follow specific goals and meet required deadlines.
Equal Employment Opportunity Policy
Bank of the West is an Equal Opportunity employer and proud to provide equal employment opportunity to all job seekers without regard to any status protected by applicable law. Bank of the West is also an Affirmative Action employer - Minority / Female / Disabled / Veteran.
Bank of the West will consider for employment qualified applicants with criminal histories pursuant to the San Francisco Fair Chance Ordinance subject to the requirements of all state and federal laws and regulations.
Job: Bank Secrecy Act / Anti Money Laundering
Location: United States-Nebraska-Omaha
Requisition ID: 058352