Financial Crime

• Performing transaction activity reviews, investigations and customer due diligence reviews on customers that have been alerted for potentially suspicious activity, potential sanctions list matches or that have been identified as posing elevated risk for money laundering and terrorist financing.
• Ensuring that reviews and investigations are maintained at a level commensurate with regulatory expectations.
• Assisting in Suspicious Activity Reporting (SAR), and/or enhanced due diligence (EDD) reviews on customers identified as posing a higher inherent risk and/or sanctions screening.
• Reviewing and investigating alerts, performing investigations, or enhanced due diligence reviews for potentially suspicious activity, making risk-based SAR recommendations and preparing SARs.
• Conducting periodic holistic reviews of higher risk individuals or entities.
• Reviewing and investigating potential matches with sanctions lists.
• Maintaining a solid working knowledge (functional and operational) of the rules and regulations, including but not limited to, BSA, USA PATRIOT Act, OFAC and Sanctions Screening.
• Assisting in the delivery of financial crime consulting services to Financial Services companies, including Banks, Money Service Businesses (MSB’s), Third Party Payment Providers, and FinTechs.
• Handling other duties as assigned by employer.

Financial Crime Review Analyst

• Detects and prevents fraudulent activities by analyzing anomalous activity in near real-time environment
• Review transaction data from the real-time fraud detection system
• Place appropriate holds on accounts identified as having potentially fraudulent issues
• Contact customers by phone, mail and email to verify transactions
• Leverage fraud knowledge to communicate with customers, merchants, financial institutions, law enforcement and Bank personnel
• Ensure activities comply with applicable laws and regulations affecting fraud detection activities
• Communicate with customers, merchants and Visa personnel to authenticate customers
• Remain current on multiple fraud trends, threats, and imminent scams impacting the Bank’s portfolios
• Recommend changes to fraud detection system parameters to higher management
• Serve as primary fraud contact on all assigned cases
• Identify risk-related issues needing escalation to management

Fraud Detection Analyst

• Support the design, maintenance and enhancement of AML frameworks, policies, procedures, controls, and tooling as they relate to digital assets, blockchain technology and cryptocurrency
• Provide support to design and enhance the risk framework and controls required to manage risk associated with digital assets and emerging banking solutions ensuring alignment with BSA/AML and sanctions compliance standards
• Conduct due diligence and risk assessment of digital assets prospects and clients
• Evaluate suitability and effectiveness of prospect and client AML compliance programs
• Conduct financial crimes investigations involving suspicious crypto-related activity
• Conduct small-group training sessions on crypto-related financial crime typologies and investigations tactics
• Identify suspicious transactions and coordinate with Financial Investigations Unit for potential Suspicious Activity Report (SAR) filings
• Conduct deep-dive risk assessments on new product and service offerings involving digital assets or emerging banking solutions

Financial Crime jobs in Connecticut

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Financial Crime Review Analyst

Fraud Detection Analyst

BSA/AML Digital Assets Compliance Consultant