Financial Crimes Analyst III

at  Truist Bank

THE POSITION IS DESCRIBED BELOW. IF YOU WANT TO APPLY, CLICK THE APPLY NOW BUTTON AT THE TOP OR BOTTOM OF THIS PAGE. AFTER YOU CLICK APPLY NOW AND COMPLETE YOUR APPLICATION, YOU’LL BE INVITED TO CREATE A PROFILE, WHICH WILL LET YOU SEE YOUR APPLICATION STATUS AND ANY COMMUNICATIONS. IF YOU ALREADY HAVE A PROFILE WITH US, YOU CAN LOG IN TO CHECK STATUS.

Need Help?
If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (accommodation requests only; other inquiries won’t receive a response).

PLEASE REVIEW THE FOLLOWING JOB DESCRIPTION:

Perform research and loss mitigation efforts across multiple intake channels to decision Financial Crimes related cases and alerts. Researches and analyzes account activity to assess the level of risk and make decision in accordance with applicable corporate and departmental policies and procedures.
Position will sit on-site 3 days a week at one of the locations listed in the job posting. No other locations will be considered. Effective October 1st, position will sit on-site 4 days a week.

QUALIFICATIONS

Required Qualifications:
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.
1. Associates Degree or equivalent education and related training
2. Three - Five years of banking, financial industry or related experience; preferably in a branch, audit, compliance, legal, risk or lending related capacity.
3. Ability to learn and perform complex processes in order to meet the spirit and letter of the procedures, policies and regulations that govern the department.
4. Strong investigative, analytical, and critical thinking skills
5. Strong work prioritization and time management skills
6. Strong interpersonal, communication and client service skills
7. Demonstrated proficiency in basic computer applications such as Microsoft Office software products
8. Ability to work in a high-stress, fast-paced, rapidly changing environment.
9. Ability and willingness to work flexible hours as required by the function

Preferred Qualifications:

• Familiarity with OFAC/sanctions and/or the wire transfer process
• Ability to identify, escalate, and resolve challenges
• Experience collaborating with team members of all levels and cross-functional partners
• Ability to work independently, under time constraints, and manage time efficiently and effectively
• Ability to liaise between internal teams, external business units, and other stakeholders
• Bachelor’s degree or related qualification
• Ability to work 9:30 AM-6:30 PM to support/rotate with teammates, as needed

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

This Global Sanctions and Screening Team is responsible for managing the review and disposition of complex sanctions alerts to prevent Truist from engaging in prohibited activities, as well as managing alerts for other regulatory and risk requirements. This teammate is responsible for:

• timely analysis and adjudication of sanctions client alerts to prevent Truist from engaging in activity prohibited by law and regulation;
• expert review of complex transactions, business, and relationships to assess the sanctions nexus, particularly for clients with a nexus to Russia, Cuba, Venezuela, Iran, Syria, and other sanctioned jurisdictions.
• timely analysis of alerts related to other risk controls, including identification of Politically Exposed Persons (PEP), internal hotlist, and client central related alerts;
• obtaining and analyzing documentation related to clients from sanctioned jurisdiction or with a nexus to a sanctioned action to ensure compliance with all legal/regulatory requirements; and
• managing communications with Business Units to obtain necessary documentation to evaluate the various alerts.

1. Analyze and decision multiple Financial Crimes related cases or alert types.
2. Utilize banking systems to investigate and research all transactional information to ensure that Financial Crimes requirements are met.
3. Conduct client research.
4. Use critical thinking skills to make well supported decisions relative to the alert type.
5. Utilize internal and external applications to assist in the investigation and research of all applicable alerts
6. Efficiently and effectively resolve cases or alerts with awareness of all timelines as directed by relative to Financial Crimes function.
7. Support effective communication with internal and external partners or clients.
8. Participate in BSA/AML/OFAC and/or Fraud related training that may include webinars, periodicals and self -study in order to stay abreast of any related changing laws and regulations.