Financial Crimes BSA/AML Investigator

Are you passionate about protecting the financial industry from criminal activities? Do you have a sharp eye for detail and a knack for identifying suspicious transactions? If so, then we have a perfect opportunity for you at Regions Financial Co. as a Financial Crimes BSA/AML Investigator.As a Financial Crimes BSA/AML Investigator, you will play a crucial role in safeguarding the bank and its customers from money laundering, fraud, and other financial crimes. You will be responsible for conducting thorough investigations, analyzing complex data, and collaborating with various departments to ensure compliance with regulatory requirements.To excel in this role, you must have a strong understanding of BSA/AML laws and regulations, as well as experience in conducting financial investigations. A keen analytical mind, excellent communication skills, and the ability to work independently are also essential for this position.If you are ready to join a dynamic team and make a difference in the fight against financial crimes, then we encourage you to apply for this exciting opportunity with Regions Financial Co.

1. Conduct thorough investigations of potential financial crimes, including money laundering, fraud, and other criminal activities.
2. Analyze complex financial data and transactional records to identify potential suspicious activity.
3. Collaborate with internal teams, such as Compliance, Risk Management, and Legal, to ensure compliance with BSA/AML laws and regulations.
4. Monitor customer accounts and transactions for any signs of suspicious activity, and take appropriate action when necessary.
5. Stay up-to-date on regulatory requirements and industry best practices related to financial crimes.
6. Prepare detailed reports and documentation of investigative findings for management and regulatory agencies.
7. Communicate effectively with internal and external stakeholders, including law enforcement and regulatory agencies, regarding potential financial crimes.
8. Utilize various tools and systems to identify and track potential financial crimes.
9. Identify and escalate any potential risks or gaps in processes related to BSA/AML compliance.
10. Conduct ongoing reviews and audits of internal processes and procedures to ensure compliance with BSA/AML regulations.
11. Participate in training and education initiatives to increase awareness and understanding of financial crimes within the organization.
12. Maintain strict confidentiality and adhere to ethical standards in all aspects of the role.
13. Collaborate with other financial crimes investigators and share best practices to continuously improve processes and identify new trends in financial crimes.
14. Stay current on emerging trends and technologies related to financial crimes and make recommendations for process improvements.
15. Maintain accurate and organized records of investigations and related documentation.

According to JobzMall, the average salary range for a Financial Crimes BSA/AML Investigator is $50,000 - $80,000 per year. However, this can vary depending on factors such as location, experience, and the specific company or organization. Some positions may also offer bonuses or other incentives. It is important to research the specific job and company to get a better understanding of the salary expectations.

Regions Financial Corporation is a bank holding company headquartered in the Regions Center in Birmingham, Alabama. The company provides retail banking and commercial banking, trust, stockbrokerage, and mortgage services.