About the Position

Location: Lexington, SC

Responsible for verifying the Bank has gathered and compiled information as required by the Bank Secrecy Act, USA PATRIOT Act, the bank’s FCB’s AML/CFT Program, Customer Information Program (CIP) and Customer Due Diligence Program.  

Additionally, responsible for conducting fraud investigations against the bank and/or its customers, pursuing prevention and recovery methods to mitigate fraud losses.

Collaborate with appropriate business partners and local, state and federal authorities to ensure fraudulent matters are identified timely and fraud losses are minimized or avoided.  Responsible for tracking and timely communication on fraud cases to the BSA Department on all investigative matters which create the need for a SAR to be filed within the regulatory timeframe. 

• Create CDD Questionnaires in Verafin to assist BSA Department during new account reviews, including resolution of declared behavior alerts in Verafin.
• Monitor branch collection of CIP information and Beneficial Ownership per FCB’s Customer Information Program and Customer Due Diligence Program.  Report lack of compliance to AML/CFT Officer in a timely manner. 
• Reviews and determines appropriate course of action on alerts for potential OFAC matches.
• Conducts investigations of fraud alerts generated by the BSA/AML monitoring system.
• Prepares case file documentation to support fraud investigations and to aid law enforcement in the prosecution of those perpetrating fraud against the bank or bank customers.
• Recommends policies and procedures to detect and prevent the occurrence of fraudulent or illegal activities.
• Assist with the recovery of losses due to fraudulent or illegal activities.
• Review daily reports to identify fraudulent activity.
• Perform quality control reviews of closed fraud cases.
• Assists with training of bank employees to identify and respond to potential or actual fraud situations.
• Assists the Fraud Manager and AML/CFT Officer as needed.
• Models the core beliefs of the organization.
  

• Two-year college degree or equivalent experience.
• Experience investigating fraud alerts in a financial institution environment.
• Ability to prioritize and organize case load independently.
• Experience working with federal and local law enforcement agencies.
• Basic problem-solving and analytical skills.  Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
• Proficiency in using personal computers and office products (e.g., Word, Excel, Adobe).
• Effective time management skills
• Effective verbal and written communication skills