Description
Identify, investigate, and document suspicious activity to detect and prevent money laundering and related financial crimes. Analyze transactions, compile evidence, prepare SARs and reports, and coordinate with compliance, legal, and law enforcement to resolve cases and meet regulatory obligations.
- • Maintain current knowledge of AML/BSA regulations, typologies, sanctions, and emerging financial crime trends
- • Review transaction monitoring alerts and internal referrals to determine need for investigation
- • Conduct in-depth investigations of suspicious financial activity across accounts, entities, and channels
- • Analyze transactional and customer data to detect patterns such as structuring, layering, and funneling
- • Collect and assess KYC/CDD/EDD documentation, account records, and supporting evidence
- • Perform enhanced due diligence for high-risk customers, products, and geographies
- • Screen customers and transactions for sanctions, PEPs, and adverse media matches
- • Conduct requests for information with customers and internal stakeholders to clarify activity
- • Prepare timely, accurate Suspicious Activity Reports with clear, concise narratives
- • Assemble evidentiary packages and case files for regulators and law enforcement
- • Respond to subpoenas, 314(a) requests, and law enforcement inquiries
- • Coordinate investigative efforts with compliance, legal, and law enforcement partners
- • Recommend account actions, EDD measures, or SAR filings based on findings
- • Escalate high-risk activity and recommend restrictions, exits, or closures when warranted
- • Document all investigative activities in accordance with policy and regulatory requirements
- • Maintain accurate case management records, SAR logs, and audit trails
- • Contribute to design, tuning, and maintenance of transaction monitoring and screening rules
- • Research and evaluate AML technologies, analytics, and data sources for detection effectiveness
- • Advise business partners on AML controls, customer risk mitigation, and process improvements
- • Train staff on AML red flags, CDD/EDD standards, and reporting obligations
- • Support regulatory exams, internal audits, and model validations with evidence and explanations
- • Assess products, services, geographies, and customers to inform enterprise ML/TF risk assessments
- • Participate in 314(b) information sharing with other financial institutions, as appropriate
- • Work with business units to remediate control gaps and assist recovery efforts when feasible
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Financial Services
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O*NET occupational data (work activities, skills, knowledge).
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Last reviewed: Jan 2026
