Financial Intel Analyst IV - CTR Experience Preferred

Overview

BSA/AML

To perform complex research and analysis of Navy Federal account activity to identify red flags and suspicious activity in personal and business accounts. Perform in-depth risk reviews and document enhanced due diligence, including activity trend analysis. Maintain knowledge of BSA/AML history, regulations, and industry guidance. Support Business Unit staff in complying with established BSA/AML policies and procedures. Maintain familiarity with typical legal business structures and normal activity by business industry. Work is under general direction.

OFAC

To support day-to-day Office of Foreign Assets Control (OFAC) operations, compliance analyses and projects across the enterprise in compliance with Navy Federal's BSA/AML & OFAC Compliance Program. To respond to ad-hoc OFAC related queries and provide subject matter expertise to partner business units when applicable. Maintain knowledge of OFAC history, regulations, and industry guidance. Work is under general direction.Financial Crimes Quality Control To perform research and analysis of Navy Federal Account activity related to suspicious transactions and identify red flags. Create and maintain Suspicious Activity Reports (SARs) associated with suspicious account activity requiring more complex research or in- depth investigation. Identify, review, and report suspicious activity and risk exposure across various delivery channels. Ensure adherence to applicable federal and state laws, rules and regulations. Work is under general direction.

Responsibilities

• Investigate various types of transactions/activities/cases (e.g., Anti-Money Laundering, Structuring) including reported or alleged loss of assets from various business channels
• Review junior level analyses, preparation, and completion of Suspicious Activity Reports (SARs) for quality control, and provided feedback or counseling, as required
• Collect evidence and related documentation via available systems and methods; ensure chain of evidence/documentation is maintained in accordance with federal and state laws, rules, regulations and Navy Federal's policies and procedures
• Monitor timeline from identification/notification of fraudulent/suspicious activity to closure, ensuring service level agreements and regulatory requirements are met
• Create detailed reports of investigations to include actions taken and results, including completing Suspicious Activity Reports (SARs) when appropriate
• Partner within Anti-Money Laundering functions to support high level investigations requiring SAR submission and documentation
• Research public record databases to identify, analyze and verify information related to primary investigations, validation reviews, discrepancies associated with information provided, and assess potential fraud risk
• Compile, prepare and maintain data for analysis and reference
• Detect fraud/money-laundering trends, red flags and recommend preventive measures to business units and management
• Collaborate with other business units to gain an understanding of transactions, processes and procedures, their impact on other business units processes and procedures, and identify risk potential for fraud or other suspicious activity
• Support day-to-day OFAC operations, including completing scans of members and other parties as required by Navy Federal's risk-based policies
• Perform ad-hoc analyses/scanning against OFAC/other lists when necessary - complex/Unusual
• Review and analyze recommendations by junior level staff for quality control, and make decisions and inform management regarding rejecting or blocking of funds
• Complete required training as directed by policy/supervision
• Identify training opportunities and assist in the development of junior level staff and business unit partners
• Support projects related to sanctions evasions, fraud or money laundering detection, prevention or root cause analysis
• Maintain required documentation for NCUA, Internal Audit and government law enforcement agencies
• Maintain knowledge of applicable federal/ state laws, rules, regulations, and Navy Federal policies and procedures
• Performs other duties as assigned

Qualifications

• Expert knowledge of applicable federal and state laws, rules and regulations (e.g., Bank Secrecy Act, USA Patriot Act, and OFAC regulations)
• Experience in leading, guiding and mentoring others
• Expert knowledge of fraud and/or money-laundering trends and threats
• Significant experience to applying various analytical techniques used in determining and resolving fraud and identity theft in transactions and membership applications
• Extensive experience in working with all levels of staff, management, stakeholders, vendors
• Ability to maintain confidentiality and demonstrate integrity
• Effective skill in results-oriented leadership in a challenging environment
• Expert skill managing multiple priorities independently and/or in a team environment to achieve goals
• Expert skill assimilating information, analyzing facts, and developing logical conclusions
• Expert skill exercising initiative and using good judgment to make sound decisions
• Expert organizational, planning and time management skills
• Expert investigative, research, analytical, and problem-solving skills
• Expert skill following, interpreting, and applying relevant data/instructions to guidelines, procedures, practices, and regulations
• Expert active listening skills to accurately respond to inquiries and account requests
• Expert skill building relationships through rapport, trust, diplomacy, and tact
• Expert skill to influence, negotiate, and persuade to reach agreeable exchange and positive outcomes
• Expert verbal and written communications skills
• Expert word processing, spreadsheet, and presentation software skills
• Bachelor's degree in Business Administration, Criminal Justice, Finance, or related field, or the equivalent combination of education, training, and experience

Desired Qualifications

• Familiarity with Navy Federal products, services, programs, policies, and procedures. Verafin experience preferred.
• Experience in the field of anti-money laundering and/or risk management
• Fraud or AML Certifications: Certified Fraud Examiner, Certified Anti Money Laundering Specialist, etc.
• Bachelor's degree in Business Administration, Criminal Justice, Finance, or related field

Hours: Monday - Friday, 8:00AM - 4:30PM

Location: Remote

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