Crime analyst job description

**If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal.
This position can be located at Omaha 93rd & W. Dodge, Sioux Falls Downtown, Billings and Watertown Uptown branches.

JOB DESCRIPTION
The Financial Crimes Analyst will provide exceptional customer support for both internal and external clients to assist in risk mitigation, and fraud avoidance education. This role is considered to be an institutional expert on fraud schemes and trends. The Analyst will work directly with branch employees and clients to assess activity, provide guidance, and ensure risk mitigation going forward. The Analyst will be expected to perform the same duties of a Specialist as well as additional reporting responsibilities and assistance to management. The Analyst role will be responsible for managing multiple tasks at any given time and prioritize based on risk to the Bank and our clients.

ESSENTIAL DUTIES AND RESPONSIBILITIES
Provides exceptional customer service to internal and external clients while maintaining focus on risk mitigation. Exceptional case management skills. Ability to clearly and efficiently present case information to management for additional review.Maintains composure and directs conversations to uncover the underlying fraud when speaking with clients and FIB employees. Ability to review activity with a clear, risk-based mindset. Assist management in creating procedures around daily responsibilities to ensure standardization with growth.Field multiple demands on your time throughout the day and prioritize duties based on risk and urgency.Accepting of change as a growth opportunity and flexible with working environment.

QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION and/or EXPERIENCE
High school diploma or General Education Degree required; Bachelor's degree (BA/BS) from a four-year college or university and 2-3 years' bank experience with a focus in client experience preferred; or equivalent combination of education and experience.

OTHER SKILLS & ABILITIES
Good verbal and written communication skills. Ability to appropriately escalate issues requiring problem solving and decision making.

LANGUAGE SKILLS
Ability to read, analyze, and interpret financial information, general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports and business correspondence. Ability to verbally communicate effectively while providing exceptional customer service.

MATHEMATICAL SKILLS
Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, and percent and to draw and interpret bar graphs.

REASONING ABILITY
Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to use sound logic. Must be able to stay calm and in control during difficult and stressful situations. Ability to interpret a variety of instructions furnished in written, oral, diagram or schedule form.

PHYSICAL DEMANDS
While performing the duties of this job, the employee is regularly required to stand, walk, sit, and talk or hear. The employee is occasionally required to reach with hands and arms and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 50 pounds. Specific vision abilities required by this job include close vision and ability to adjust focus.

WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is usually moderate.
**If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal.

We are Australia's first bank and oldest company, and one of four major banking organisations in Australia. This opportunity sits in our New York branch working for Westpac Institutional Bank, the division of Westpac that services the needs of our corporate, institutional, and governmental clients.

In this junior position, you will support Westpac's Financial Crime team to assure Westpac Banking Corporation in the US complies with applicable laws, regulations and policies of the banking, securities and other supervisory agencies that are relevant to its activities. Working with the team to advise Senior Management and staff on relevant regulatory financial crime compliance issues, assist with implementing applicable regulatory changes, new laws and bank issues through personnel training, form changes and follow-up procedures; and receive and document all legal notices and requests.

You will be assisting with establishing, implementing, maintaining, and revising as necessary a BSA / AML (Anti Money Laundering) & Sanctions compliance program and supervisory system, with a focus on loans (syndicated, bilateral, etc.); Treasury; fixed income; capital markets and FX products and services offered globally.
What are my key areas of focus?

* Conduct Quality Assurance (QA) of Tier 1 & 2 reviews of Transaction Monitoring Program alerts, and produce related QA reporting
* Participate in meetings of the Financial Crime Compliance function within the Bank
* Conduct quarterly testing of the sanctions screening vendor, and conduct monthly reviews reports, conduct QA of sanctions alerts
* Conduct periodic reviews of the gifts and hospitality register for Anti-Bribery and Corruption (ABC) risks
* Assist with Management Information pack production for various forums and committees
* Quality Assurance of the banks KYC activities
* Assisting the Americas Head of Financial Crime, Deputy Americas Head of Financial Crime, Financial Crime Officer and Subject Matter Experts with tasks such management of the NY Branch's financial crime training program, Conducting independent tests of procedures, transactions, records and regulatory reports
* Assisting with updating the Banking Security Act Manuals, desk procedures, controls, risk matrices, and risk assessments

What will I need?

As an entry level role you will need to demonstrate

* A strong desire to work in Financial Crime in Financial Services and have a basic understanding of what the function does
* A real interest in the US regulatory environment
* An ability to communicate effectively and strong interpersonal skills
* Knowledge and experience of working with Excel

In addition you will have a proactive and positive mind set with a genuine interest in developing skills and knowledge in the space

What's in it for you?

You'll play a significant part of the future of the business. So, we'll back you in the development of your career. You'll also keep learning to grow, backed by a fantastic team of people within a can-do, supportive structure. This is a unique junior opportunity to join a knowledgeable and supportive team and develop your skills and experience to become a specialist in Financial Crime

What is it like to work here?

We aim to provide a supportive team of people who love helping others succeed. Working with us you'll discover new ways of working, and an exciting range of roles to showcase your skills. As an equal opportunity employer, we're proud to have created a culture and work environment that values diversity and flexibility - and champions inclusion

**Job Summary:**

Under limited supervision, uses specialized knowledge and skills in securities and/or banking industry compliance obtained through experience, specialized training and/or certification to monitor and investigate transactions for suspicious activity to ensure compliance with AML rules and regulations. Assists on projects of moderate scope and complexity and serves as a technical advisor to various business lines. Resolves or recommends solutions to complex problems. Extensive contact with internal customers is required to identify, research and resolve problems.

**Essential Duties and Responsibilities:**

* Collecting Know Your Customer (KYC) documentation through client onboarding and ongoing due diligence processes.

* Conducting research utilizing available systems, databases, and the internet, consistent with the resolution of investigations.

* Documenting and reporting the investigation findings in the case management system and preparing reports to management as required.

* Drafting reports detailing work performed and conclusions reached, which require minimal editing and provides a clear message including suggested corrective and/or remedial action.

* Developing metrics and reporting measures as directed and reporting results to management.

* Investigate potential negative media alerts to identify whether a true match to a prospective or existing client and escalate, as appropriate to Management.

* Perform reviews and analysis utilizing internal and third-party research tools.

* Abide by policies and procedures to ensure compliance with regulations related to money laundering included in the USA PATRIOT Act.

* Mentor colleagues/peers on internal AML policies, rules and regulations.

* Inform senior management about issues that may involve rule violations or potential liability.

* Maintain currency in laws and regulations pertaining to Anti-Money laundering compliance.

* Perform other duties and responsibilities as assigned.

**Qualifications**

**Knowledge of:**

* Customer Identification Program, Customer Due Diligence, Enhanced Due Diligence and other KYC-related policies and procedures

* Concepts, practices and procedures of securities industry and/or banking compliance reviews.

* Rules and regulations of the USA PATRIOT Act.

* Experience with investigative techniques and report writing

* Securities industry knowledge and/or financial services industry experience, specifically-related to on boarding and performing due diligence on hedge funds, private equity funds and other pooled investment vehicles.

* Fundamental investment concepts, practices and procedures used in the securities industry.

* Principles of banking and finance and securities industry operations.

* Financial markets and products.

**Skill in:**

* Administering Anti-Money laundering policies and procedures.

* Planning and scheduling work to meet regulatory organizational and regulatory requirements.

* Identifying and applying appropriate compliance monitoring procedures and tests.

**Ability to:**

* Interpret and apply Anti-Money laundering regulations and identify and recommend compliance changes as appropriate.

* Work under pressure on multiple tasks concurrently and meet deadlines in a fast-paced work environment with frequent interruptions and changing priorities.

* Communicate effectively, both orally and in writing.

* Independently research and resolve issues while working across teams to acquire information.

* Provide a high level of customer service.

* Establish and maintain effective professional working relationships at all levels of the organization.

* Handle highly confidential information professionally and with appropriate discretion.

* Maintain currency in Anti-Money laundering rules and regulations and compliance examination techniques and best practices.

**Educational/Previous Experience Requirements:**

* Bachelor's Degree from a four-year college or university in a related field and two (2) years of experience in performing AML-related client due diligence reviews and/or investigations.

~or~

* Any equivalent combination of education, training and/or experience approved by Human Resources.

**Licenses/Certifications:**

* CAMS required or ability to obtain within twelve (18) months of employment or time frame established by manager.

**Job:** Compliance

**Primary Location:** US-FL-St. Petersburg-Saint Petersburg

**Organization** Client Intelligence Unit

**Schedule** Full-time

**Job Shift** Day Job

**Travel** No