• Financial Intelligence Unit Investigator

    ID
    2018-6079
    Job Locations
    US-CA-San Francisco
    Category
    Compliance
  • Overview

    The Financial Intelligence Investigator ("FININT") will conduct meticulous analyses of assigned alerts within the production and rule development environments. The FININT may support varying teams and tasks within FIU.  A high level summary of the requirements for this job includes, but is not limited, to the following: 

    1) adhering to and complying with all applicable federal and state laws, regulations and guidance, including those related to Anti-Money Laundering (i.e. Bank Secrecy Act, USA PATRIOT Act, among others), 2) adhering to Bank policies and procedures, 3) identifying and reporting potential suspicious activity to the BSA/AML Officer and 4) completing required training provided by the bank and the BSA Department.

    Responsibilities

    • An understanding of and willingness to learn the laws applicable to money laundering, to include the BSA, USA PATRIOT Act, U.S. Treasury AML guidelines, OFAC requirements and Suspicious Activity Reporting requirements.
    • Conduct investigative/intelligence research of alerted client account activity originating from a transaction monitoring system and review for potential money laundering, terrorist financing, and other financial crime activities.
    • Conduct investigative/intelligence analysis of collected information derived from varying sources such as, internal bank records/KYC documentation, banker contact, external search engines and open source websites.
    • Ability to investigate and understand varying types of client profiles related to First Republic Bank’s product offerings. (i.e. Alternative investments, hedge funds, PE/VC firms, among others).
    • Draft assessment summaries and other written investigative/intelligence products to support decisions and recommendations.
    • Work effectively across varying groups and teams within the AML Operations environment as well as the AML Solutions & Analytics environment.
    • Meet key team performance standards while additionally setting personal performance goals in a production environment.
    • Participate in key trainings and learning opportunities and seek additional knowledge acquisition proactively.
    • Performs duties & responsibities specific to department functions & activities as well as other projects assigned by the Manager.

    Qualifications

    Key Skills, Knowledge and Abilities:

    Must Haves

     

    • One year of experience specific to intelligence analysis work.
    • Strong research skills and an understanding of intelligence analysis tools and techniques. Specifically, Advanced skills in the use of Microsoft Word, Excel, PowerPoint, Outlook and experience with on-line research systems including the Internet.
    • Understanding of money laundering and other financial crime typologies.
    • Ability to multi-task and complete assignments within the deadlines.
    • Ability to make sound decisions as to non-suspicious and potentially suspicious activity.
    • Ability to complete high quality work products including clear and concisely written assessments, supported by strong analyses and documentation.
    • Team player and professional responsibility
    • Ability to work independently.
    • Ability to execute against the Chief BSA/AML Officer's strategic vision for the Department and to further First Republic Bank’s culture and values.

    Key Skills, Knowledge and Abilities:

    Even Better

    • Investments Specialist:  1) Knowledge and understanding of day-to-day transactions, legal documents, and key terms in a hedge fund, alternative investments, private equity and/or venture capital firms, 2) Ability to identify red flags of money laundering and the suspicious movement of funds with these types of clients, 3) Understanding of different investment structures and strategies, and 4) As needed, the ability to train the BSA team to the above types of clients.

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