Financial Crimes Investigator (BSA) - Temporary Assignment

Rockland Trust is seeking a Temporary - Financial Crimes Investigator to join the team in Plymouth.

The Financial Crimes Operations team (FCO) coordinates day-to-day implementation of the banks enterprise wide financial crime prevention efforts.

 FCO includes several legal and compliance disciplines and has responsibility for governance, oversight and execution of Rockland Trust’s Anti-Money Laundering (AML), Economic Sanctions, and Fraud prevention programs.

  Our program is designed to ensure protection of our customers, the U.

S.

financial system, and our country from illicit actors who exploit banking services with nefarious and criminal intent.

 The FCO protects our customers and Bank from losses.

 FCO also develops and/or assists in the development of appropriate policies and procedures, including those designated to assist the business units to know their customers and conduct appropriate due diligence and to prevent, detect and report potentially suspicious activity.

The Financial Crimes Investigator will be responsible for reviewing system generated alerts and business unit referrals to detect activity indicative of money laundering and other financial crimes.  Develops and maintains best practices to guard against and reduce financial fraud and related financial crimes against the Bank, its customers, and its staff.  Including reviewing system generated fraud alerts including check kiting, counterfeit and forged checks, scam related fraud, ACH fraud, wire and debit card fraud.  Activity that warrants further investigation will be sent to case to document the decision and due diligence in this stage.  If the situation is indicative of money laundering and/or other financial crimes the investigator will prepare the Suspicious Activity Report for filing.

 

Duties & Responsibilities to contribute to the bank’s overall strategy and risk profile include:


* Use independent and professional judgment when reviewing BSA/AML and Fraud alerts in addition to all policies and procedures and meet regulatory standards - monitor alert aging and escalate as necessary 


* Conducting comprehensive case investigations which includes analyzing transaction information, reviewing customer data, researching open source and media checks, and recommending a SAR or no SAR be filed to be reviewed by management.


* Once reviewed if decision to report is confirmed, prepare and write suspicious activity reports (SARs)


* Provide telephone and email support for the department in relation to criminal investigations and inquiries


* Working cooperatively with internal departments to obtain and analyze necessary information related to the investigation


* Demonstrate strong investigative/analytical skills and be able to formulate and clearly articulate a supportable rationale behind the decisions of the alerted activity while complying with departmental procedures.


* Maintain an acceptable caseload through effective t...