At Bank of the West, our people are having a positive impact
on the world. We’re investing where we feel we can make the most impact, like
advancing diversity and women entrepreneurship programs, financing for more
small businesses, and promoting programs for sustainable energy. From our
locations across the U.S., Bank of the West is taking action to help protect
the planet, improve people’s lives, and strengthen communities. We are part of
BNP Paribas, a global leader supporting the UN Sustainable Development Goals
(SDGs). Yes, we’re a bank, but as the bank for a changing world, we are
continually seeking to improve the ways we help our customers, while
contributing to more sustainable and equitable growth.Who we are:
The Alert Investigations Unit is
responsible for the investigation of suspicious activity alerts from the firm’s
suspicious activity monitoring system, Actimize, and serves as the first line
of defense for the Financial Intelligence Unit (FIU) for Bank of the West.
Alert Investigations is responsible for ensuring Bank of the West complies with
the Bank Secrecy Act (BSA) and the USA PATRIOT Act by monitoring transactional
activity that flows through the Bank to determine whether a case is needed to
determine if a suspicious activity report (SAR) is warranted to be filed with
the Financial Crimes Enforcement Network (FinCEN).
Responsible for investigating alerts of potentially
suspicious activity from multiple sources, including system generated alerts
(Actimize), referrals from other business units and branches, law enforcement
requests and request from BNP Paribas, for money laundering and terrorist
financing. Making determinations as to
whether alerted activity makes reasonable sense for the
customer/business type (non-referral) or if further research is needed (Case
referral) and a suspicious activity report (SAR) filing is warranted on FinCEN
reportable items in compliance with the Bank Secrecy Act and USA PATRIOT Act. Ensure
all reporting requirements are met in compliance with government regulations
and bank BSA/AML policies and procedures. Responsible for meeting performance
and quality KPI standards while working in a professional production
analyze, and investigate customer activity for potential Anti-Money Laundering/Counter
Terrorist Financing (AML/CTF) -related suspicious activity from automated
monitoring system and referred by Bank personnel for potential AML/CTF
related activity and make recommendation for further review (Case) for possible
SAR filing with FinCEN.
production and performance standards when reviewing and analyzing automated
alerts for potential suspicious activity
and thoroughly document factual and impartial findings in an accurate and
timely manner for non-referred and referred alerts.
with branch and department managers, as necessary, in researching and
results of alert investigations in the case management system and meet
reporting requirements of both internal and external entities.
Substantiate non-referral and referral decisions with documentation.
data, and maintain necessary records and files to assure efficient and
consistent reporting of alert investigations.
a good understanding of BSA/AML regulations and FinCEN guidelines relative
to Suspicious Activity Monitoring and Reporting as well as current money
laundering/terrorist financing schemes and risk typologies, and
investigative techniques required to detect such schemes and typologies.
USA PATRIOT Act Section 314(a) requests, searching bank systems for
matches and providing responses to FinCEN via the BSA online portal
and respond appropriately to requests from information from the parent
company, BNP Paribas
thorough knowledge of the Bank's systems used to conduct research of
customer transaction activity.
other duties as assigned or requested.
Required Education or Equivalent
degree or equivalent work experience required
license(s) or certification(s) CAMS or CFE preferred
registrations a plus
of 3 years with BSA/AML compliance, and conducting and managing financial
investigations and/or research such as in bank/brokerage operations, security,
compliance, and legal areas including criminal and/or civil litigation,
researching, comprehensive reporting & documentation, and pattern
Alternative: Combination of education and experience that
equates to these requirements.
Field of Experience
knowledge of banking operations, policies and procedures, systems and
knowledge of Branch or back-office operations; Branch Customer Service
Manager or another financial institution preferred
experience at another financial institution preferred.
knowledge of BSA/AML regulations pertaining to suspicious BSA/AML-related
knowledge of Bank's host systems and eVision, as well as the BSA-related
suspicious activity detection systems used by the Bank.
of investigative techniques including transaction analysis, evidence
gathering and demonstrated research and/or pattern recognition skills,
including use of online research tools and report writing
with Actimize a plus