Column’s Financial Crimes team is responsible for protecting the Bank and its customers from money laundering, fraud, economic sanction evaluations, foreign corruption, and terrorist financing violations. Our program is designed to ensure the Bank, U. S. financial system, and our country are protected from illicit actors who exploit banking services with nefarious and criminal intent.
The BSA/AML Investigator performs triage investigations of transaction monitoring system generated alerts and referrals, including identifying root causes of the alert, sources and uses of funds, and potentially suspicious activity. The BSA/AML Investigator is responsible for conducting investigations to identify potentially suspicious financial and/or fraudulent activity, to include money laundering, terrorist financing, fraud and/or any other financial risks or crimes. The BSA/AML Investigator may also contribute to customer due diligence reviews and enhanced due diligence. Finally, the Investigator may support OFAC screening reviews and the triage of potential sanctions hits.
This role reports directly to the Bank’s BSA/AML Officer, and can be a remote position with occasional travel to the Bank’s office in San Francisco.
What you’ll do:
- Perform extensive investigations related to transaction monitoring and customer due diligence that could implicate potential money laundering, fraud, or terrorist financing
- Prepare and document triage investigations and their dispositions according to FInCEN/FFIEC expectations and Bank Procedures
- Prepare detailed escalation and dismissal narratives per FFIEC expectations and Bank procedures
- Review transaction and customer screening reports for potential OFAC violations and reporting potential true positives to the BSA Officer
- Perform enhanced due diligence reviews of high and moderate risk customers
- Identify opportunities for procedure enhancements and efficiencies within Financial Crimes operations
- Maintain organized documentation related to financial crimes activities, including investigations, audits, and regulatory exams
- Perform day-to-day activities consistent with safe and sound business practices and regulatory requirements
What you’ll need to be successful:
- Bachelor’s degree and/or equivalent experience performing investigations for a regulated financial institution
- 2-5 years of experience with BSA/AML and OFAC laws and regulations
- CAMS certification preferred but not required
- Detail oriented with excellent interpersonal, written, and verbal communication skills
- Knowledge of AML typologies and red flags
- Experience preparing and documenting financial crimes investigations in accordance with FFIEC expectations
What you’ll get from us:
- Flexible PTO
- Competitive medical, dental, and vision plans (including options 100% subsidized by Column)
- FSA + HSA options
- 401(k) plan
- Commuter benefits
- Sponsored lunches and dinners in our SF office
The annual base salary range for this position is $65,000 – $80,000, exclusive of equity compensation and benefits.
The range provided may be inclusive of several career levels at Column, and will be narrowed during the interview process based on a number of factors including, but not limited to, the candidate’s skill sets, experience, licensure and certifications, location, and other business and organizational needs.