The AML/Fraud Investigator is responsible to investigate cases that have been identified through the Bank's monitoring systems for potential money laundering, terrorist financing, Bank Secrecy Act violations and other fraud related issues such as deposit or loan fraud, structuring and check kiting. This individual must be detail oriented and a self-starter. Much of the work in this position is analytical and requires logistical thinking and the ability to be inquisitive.
Essential Duties:
- Must efficiently and effectively review, research, and validate all documentation provided in a case assigned to them
- Will act as a point of contact to all case related activities as well as recommending further action if needed
- Accountable and responsible for all information researched and contained in each case file that is assigned to them
- Required to complete initial SAR reports and subsequent filings
- Accountable for updating and maintaining assigned tasks and case documentation within the Prime BSA Reporting System
- Responsible as secondary support and validation of new customer risk assessments and related data maintenance, OFAC reviews, monetary log review and maintenance
- Support the branch network as needed in regard to case expertise and as needed for other AML/FRAUD related topics
- Required to maintain knowledge of AML/FRAUD related regulations and attend a minimum of five hours of training per year
- Other duties may be assigned
Professional/Educational Experience:
- 3 – 5 years related experience and/or training. Bachelor’s degree (B.A.) from four-year college or university; or equivalent combination of experience and/or training.
Additional Experience:
- 3 or more years of experience in Banking operations, deposits, and/or loans
- Thorough working knowledge of operational methodologies and practices
- Assess and draw logical conclusions based on facts presented and able to support them to others
- Proven analytical, research, and documentation skills
- Ability to ask questions and identify strategies for investigative approaches
- Must maintain confidentiality of files and privileged information
- Ability to use the internet to conduct investigative searches
- Knowledge of MS Office products and the ability to perform basic to intermediate functions with Excel and Word
- Strong oral and written communication skills
- Excellent interpersonal skills and the ability to work in a team environment
The hiring pay range for this position is $29.95 to $42.55. In addition to the pay range listed, all bank positions are eligible for incentive compensation, which varies based on role. The pay rate for a successful applicant depends on a variety of factors including but not limited to geographic location, work experience, education, and/or skill level.
The Bank of Marin is a growing public company with career advancement opportunities. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, a retirement savings plan with employer matching opportunity, bank paid employee stock ownership plan, tuition reimbursement, employee volunteer program and more. Additional details about total compensation and benefits will be provided during the hiring process.
Bank of Marin is an equal opportunity employer. EOE AA Vet/Disability
Skills Required
- 3–5 years of related experience and/or training
- Bachelor’s degree from a four-year college or university, or equivalent combination of experience and training
- At least 3 years of experience in banking operations, deposits, and/or loans
- Thorough knowledge of operational methodologies and practices
- Ability to assess facts, draw logical conclusions, and support conclusions to others
- Proven analytical, research, and documentation skills
- Ability to ask questions and identify investigative strategies
- Ability to maintain confidentiality of files and privileged information
- Ability to conduct investigative searches using the internet
- Knowledge of Microsoft Office, including basic to intermediate Excel and Word functions
- Strong oral and written communication skills
- Excellent interpersonal skills and ability to work in a team environment
- Maintain knowledge of AML and fraud-related regulations and complete at least five hours of training annually
What We Do
Founded in 1990 and headquartered in Novato, CA, Bank of Marin is a leading business and community bank in Northern California with assets of almost $4 billion. Bank of Marin provides commercial banking, personal banking, specialty lending and wealth management and trust services throughout its 31 branches and 8 commercial banking offices located across 10 counties. Specializing in providing legendary service to its customers and investing in its local communities, Bank of Marin has consistently been ranked one of the “Top Corporate Philanthropists" by the San Francisco Business Times and one of the “Best Places to Work” by the North Bay Business Journal. For more information, go to www.bankofmarin.com.
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