AML Investigator

Overview

Primary Location : 5519 Glenwood

Employee Status : Full-Time

Workplace Type : Fully On-Site

Who we are : At LMCU, you'll find more than just a job - discover a fulfilling career where your contributions truly matter. Join our talented team at Lake Michigan Credit Union and discover the difference an employer who puts people first can make in your career and life.

About this position : The Anti-Money Laundering (AML) Investigator is responsible for ensuring adherence to Bank Secrecy Act (BSA) through transaction monitoring, investigation of suspicious activity, and the drafting of Suspicious Activity Reports (SARs), as well as identifying and monitoring high risk activity and high-risk accounts. Makes recommendation to file SARs to the BSA Officer and documents findings. Maintains documentation to ensure compliance with the Bank Secrecy Act and supports all elements of BSA, AML, USA, PATRIOT Act and Office of Foreign Assets Control (OFAC) requirements and in accordance with credit union policies and procedures.

What you'll do

• Utilize standard procedure and independent judgment to investigate and analyze customer account activity in a timely manner. Review suspicious activity alerts from a variety of sources, including but not limited to : AML monitoring software, referrals from branches and back-office "member facing" departments, and other BSA teammates, to accurately distinguish suspicious activity from false positive alerts. Create well documented and organized findings to write justification summaries for false positive decisions made.
• Use well documented and organized findings to make recommendations to BSA Management regarding the filing of SAR cases. Prepare all aspects of documentation retention and SAR form for review for submission to FinCEN, which includes accurately and concisely explaining customer and activity in narrative form.
• Use AML software to identify, investigate, rate, and monitor high risk members and / or high-risk activity based on LMCU's risk appetite. Document well organized findings according to procedure.
• Maintain and update personal knowledge of AML rules, regulations, laws, and best practices.
• Performs other tasks or duties as needed to support AML / BSA / Compliance team.

What you'll bring

What you'll get

Have additional questions about the role? Email the Talent Acquisition Team at : Careers@lmcu.org

If you lack access to the internet or require an accommodation in the application process, please send your resume via mail to 5664 Prairie Creek Drive, Caledonia, MI 49316.

LMCU is an Equal Opportunity Employer

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