Compliance Officer - AML Investigations (remote)

This is a remote role that may be hired in several markets across the United States

The Compliance Officer - AML Investigations is an experienced member of First Citizens Bank's (FCB) Financial Intelligence Unit Investigations Team. A successful candidate will have advanced knowledge of FinCEN and FFIEC guidance as well as BSA compliance, experience conducting complex investigations involving various AML and fraud typologies, the ability to work independently and maintain confidentiality while making critical decisions, and the responsibility of drafting, reviewing, and filing Suspicious Activity Reports (SARs) with FinCEN. This position requires advanced analytical skills and the ability to drive collaboration with internal and external partners. This role involves conducting complex investigations, performing quality assurance reviews, and analyzing data. The officer will play a key role in identifying, assessing, and mitigating financial crime risks while maintaining a strong understanding of regulatory requirements and industry best practices.

• Investigations
• Manages an evolving portfolio of complex suspicious activity investigations.
• Prepares Suspicious Activity Reports for investigations in accordance with federal regulations. Records all narratives and risk factors within each investigation. Ensure reports are accurate, comprehensive, filed if necessary, and documented appropriately if not filed.
• Serves as a subject-matter expert for BSA/AML transaction monitoring and investigative processes who is capable of both conducting in-depth and expansive investigations.
• Reviews and provides feedback on investigations completed by other FIU analysts.
• May engage with new products and client types to aid in the conceptualization of emerging risks and development of appropriate investigative approaches and will also support ad-hoc projects as necessary
• Business Support
• Maintains a strong knowledge of anti-money laundering regulations and trends as well as Bank operations and investigative resources.
• Prepares reports, case summaries, and other helpful documentation.
• Maintains strong professional partnerships through active participation in industry events.
• Communication
• Communicates investigation results and identified risks to management, business units, and other involved parties.
• Maintains confidentiality when addressing highly sensitive issues.
• Drafts complex closing memos mitigating potential suspicious activity when appropriate.

Bachelor's Degree and 4 years of experience in 6+ years of experience in AML/CFT compliance, investigations, or related field; Strong understanding of BSA/AML regulations, OFAC, KYC, and other relevant regulatory requirements; Experience with AML/CFT software, data analytics tools, and case management systems OR High School Diploma or GED and 8 years of experience in 6+ years of experience in AML/CFT compliance, investigations, or related field; Strong understanding of BSA/AML regulations, OFAC, KYC, and other relevant regulatory requirements; Experience with AML/CFT software, data analytics tools, and case management systems

Preferred Qualifications:

• 7 years of experience in a BSA Compliance role at a financial institution, FinTech, government institution, or law enforcement agency
• Ability to accept and implement feedback in a flexible environment
• Willingness to independently seek out answers to questions that arise during the course of investigations
• CAMS or related certification

This job posting is expected to remain active for 5 days from the initial posting date listed above. If it is necessary to extend this deadline, the posting will remain active as appropriate. Job postings may come down early due to business need or a high volume of applicants.

The base pay for this position is generally between $98,000 and $130,000. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.