BMO U.S.

Investigator, Anti Money Laundering (AML) Case Investigations

BMO U.S.

full-time

Posted on:

Origin:  • 🇺🇸 United States • Illinois

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Salary

💰 $45,000 - $83,000 per year

Job Level

Mid-LevelSenior

About the role

  • Conducts investigations to identify, assess, decision and report on activity that indicates an exposure to financial crimes.
  • Ensures potential threats and investigations are evaluated, documented, managed and escalated by following standard operating procedures.
  • Provides subject matter expertise and oversight of criminal risk by following a disciplined and intelligence-based approach to detection and research of activities and events in alignment with criminal risk frameworks and standards to ensure compliance as well as support trending, analysis and insights generation.
  • Develops solutions and makes recommendations based on an understanding of business strategy and stakeholder needs.
  • Provides advice and guidance to assigned business/group on implementation of solutions.
  • Helps determine business priorities and best sequence for execution of business/group strategy.
  • Conducts independent analysis and assessment to resolve strategic issues.
  • Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
  • Builds effective relationships with internal/external stakeholders (e.g. law enforcement agencies and other Financial Institutions to collaborate in investigations).
  • Ensures alignment between stakeholders.
  • Integrates information from multiple sources to enable more efficient processes, enhanced analysis and/or streamlined reporting.
  • Identifies business needs, provides content/develops tools and training programs; may include delivery of training to audiences.
  • Analyzes and assesses incidents or cases that may be complex and require knowledge on several different product lines.
  • Prepares reports, notifications and activity/case filings per guidelines and standards.
  • Supports the planning and implementation of programs designed to minimize risk exposures and maximize the efficiency and effectiveness of the analytical processes.
  • Provides input and develops recommendations for process and customer service improvements.
  • Stays abreast of financial crimes risk trends, relevant regulations and compliance standards.
  • Monitors and analyzes various information provided through detection systems, tools, reports, or manually to evaluate, investigate and determine required actions.
  • Supports the collection of evidence and information to be used for multiple purposes including incident reports/filings, loss prevention, litigation and criminal prosecution, management information and statistics, and process improvements.
  • Documents actions and information found throughout the investigation to develop and maintain account/case files.
  • Develops and maintains an understanding of the financial crime management processes, frameworks and techniques.
  • Gathers and formats data into regular and ad-hoc reports, and dashboards.
  • Analyzes data and information to provide insights and recommendations.
  • Executes routine tasks such as service requests, transactions, queries etc. within relevant service level agreements.
  • Provides notification, information and instructions to internal/external stakeholders related to incidents as necessary.
  • Focus may be on a business/group.
  • Thinks creatively and proposes new solutions.
  • Exercises judgment to identify, diagnose, and solve problems within given rules.
  • Works mostly independently.
  • Broader work or accountabilities may be assigned as needed.

Requirements

  • Typically, between 3-5 years of relevant experience and a post-secondary degree in related field of study or an equivalent combination of education and experience.
  • Knowledge of risk and regulatory requirements as they apply to financial crimes is an asset.
  • Knowledge of banking products, services, processes, and organization is an asset.
  • Specialized knowledge from education and/or business experience.
  • Verbal & written communication skills - In-depth.
  • Collaboration & team skills - In-depth.
  • Analytical and problem solving skills - In-depth.
  • Influence skills - In-depth.