Are you a Fraud Investigator with prior experience working at a Financial Institution? Do you know all about the Bank Secrecy Act and Anti-Money Laundering laws? Our client, a prominent local Financial Institution, is looking for a Contractor to assist them for about 5 months in their Fraud Department! Please contact us today to discuss this opportunity!
Title: Fraud Investigator
Location: Dublin, CA (HYBRID)
Salary: $35/hr – $40/hr, depending on experience
Job Responsibilities:
- Identify, analyze, document, and report suspicious transactions that require analysis based on risk categories, business rules, member profiles, and operating procedures.
- Conduct investigations on current or prospective members and third parties; this may include, but will not be limited to background reviews, negative news screening reviews, internet searches, and enhanced due diligence.
- Conduct or request of branches interviews of members to explain suspicious activity.
- Interpret data from various reports and specialized applications to 1) determine the scope of investigations and enhanced due diligence and 2) prepare or file Currency Transaction Reports (CTRs) and Suspicious Activity Reports (SARs).
- Prepare well written internal communications and investigative reports to support conclusions.
- Document investigations, escalations, and resolution of sanction matches for review by the BSA/AML Officer.
- Communicate, written and verbal, with institutional branches, departments, government and law enforcement agencies
- Review real-time or in-process transactions with potential sanctions matches to ensure compliance with financial sanctions.
- Stay abreast of regulatory requirements and maintain technical proficiency.
Position Qualifications/Requirements:
- Minimum one year of prior BSA/AML experience conducting suspicious activity monitoring and enhanced due diligence investigations or one year of audit or compliance experience in a financial institution. Alternatively, if you have done OFAC Sanctioning Compliance work, we still want to hear from you!
- Knowledge of Verafin FRAML or other BSA software programs.
- Strong knowledge of BSA/AML laws, e.g. USA Patriot ACT, Bank Secrecy Act, economic and trade sanctions administered and enforced by The Office of Foreign Assets Control (OFAC), etc.
- Strong writing, research, analytical, organizational, investigative, oral, and problem-solving skills
- Strong knowledge of banking operating practices (e.g., cash and non-cash deposit operations, electronic money movement, lending operations, etc.).
- Strong PC and software skills and an aptitude for learning bank operating systems.
- Bachelor’s Degree preferred, not required
Why choose Addison Administrative & HR?
- Pay: We negotiate high salaries using US Bureau of Labor Statistics
- Benefits & Bonuses: You are eligible for medical, dental, vision insurance benefits, 401K, and monetary bonuses
- Permanent Employment: Many of Addison’s Administrative job openings lead to potential permanent employment
- Connections: You connect directly with hiring managers from renowned organizations
- Options: You are presented multiple employment options near your home
- Professional Development: You are provided hiring process advice, resume revision, and employment term negotiation
Addison Group is an Equal Opportunity Employer. Addison Group provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. Addison Group complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities. Reasonable accommodation is available for qualified individuals with disabilities, upon request.