AML/BSA Investigator II

Overview

We are a values driven organization putting Relationships FIRST. EagleBank (NASDAQ - EGBN) is focused on being Flexible, Involved, Responsive, Strong, and Trusted. By prioritizing meaningful connections with our customers, employees, and shareholders, we relentlessly deliver the most compelling, valuable service to our customers.

EagleBank is committed to inclusion, equity, and respect. We celebrate diversity and intentionally seek out opportunities to learn from one another’s experience. We believe employees are essential to the building of relationships and we prioritize investing in employee growth and wellbeing. Employee involvement is fostered through resource groups, mentorship programs, community service, and scholarship opportunities for continued education. With features including maternity and parental leaves, wellness discounts, healthcare premium sharing, employer funding in your HSA account, and 100% 401(k) matching up to 4%, we pride ourselves in the ways we support our internal relationships. The minimum and maximum projected hourly pay for this position is: $69,807 and $110,222.

We understand the need to be creative and flexible when it comes to telecommuting and other alternative work arrangements. This position is eligible for our hybrid remote work and will work in the Rockville, MD office four days per week.

Responsibilities

The AML/BSA Investigator II performs investigation activities and evaluation of AML/BSA related issues, taking appropriate action when suspicious activity is detected. Independently performs moderately complex to complex work assignments and provides problem resolution.

MAJOR DUTIES AND RESPONSIBILITIES:

• Investigates suspicious activity cases generated by automated AML/BSA monitoring system or Questionable Activity Referrals (FAQs) reported by Branch personnel and other lines of business. Compiles supporting documents; prepares SAR narrative, based upon independent investigation and analysis, then files it through FinCEN E-filing system within 30 days of determining that the activity is suspicious to comply with Federal regulations.
• Reviews individuals’ and entities’ accounts reported in a Subpoena utilizing different management systems to determine if money laundering or other suspicious activity noted in the accounts should be reported. Prepares SARs if necessary.
• Performs 90 day follow up reviews on account activity for submitted SARs, determines if the previously reported suspicious activity has continued or ceased. Files supplemental SAR if additional suspicious activity is identified.
• Serves as resource to branches/departments inquires related to AML/BSA questions to provide best information possible regarding AML/BSA regulation to better serve the customers and the Bank’s interest.
• Conducts enhanced due diligence reviews of high-risk customers and watch list customers as required and reports any suspicious activity.
• Monitors and reports lack of compliance with customer identification, customer due diligence, beneficial ownership, and OFAC requirements.
• Assists with reviews for potential OFAC matches through the Bank’s various OFAC systems.
• Assists in collecting documentation for examiners, auditors, law enforcement and governmental agencies regarding SARs, CTRs, and BSA/AML monitoring records.
• Assist as need the BSA Supervisor with alert quality reviews to ensure quality standards and proper alert disposition.
• Stay abreast of local news events relating to money laundering, human trafficking terrorist financing or any other crime that may have an impact on the Bank.
• Attend weekly Investigation meetings and provide constructive feedback, discuss areas of improvement, and work together on finding solutions that will enhance alert quality at EagleBank.
• Develop relationships across lines of business to ensure ongoing collaboration and cooperation to obtain additional information or clarification about certain transactions to ensure that the alerted case investigations are done accurately, and no suspicious activities are missed.
• Assist with the ongoing analysis and tuning of Verafin by documenting and reporting identified issues and concerns; recommend risk threshold adjustments as needed; and assist in development of additional templates as needed.
• Work as a department subject matter expert on Special Projects as needed.

Qualifications

Requirements:

• 3 years’ experience in completing BSA/AML case investigations.
• Analytical skills.
• Proficient in Outlook, Word, and Excel.
• Understanding of financial crime detection and prevention techniques.

Preferences:

• 2-year college degree in a related field or work-related experience.
• 3+ years banking experience and knowledge of branch operations.
• Certified Anti-Money Laundering Specialist (CAMS) or Certified BSA/AML (CBAP) certification.

Don't meet all the requirements? We encourage you to still apply if you think you are the right person to join our community. We are always interested connecting with people inspired by our mission and values. If you aren’t hired for this position, your resume will remain available for the next year and might be considered for future openings. Note: You can update your resume as often as needed.