Account Risk Analyst III

About The Position

As the Account Risk Analyst III, you will be responsible for reviewing data utilizing a broad range of technical skill sets combined with AML/CFT Investigative knowledge in order to proactively monitor new and existing account relationships to prevent or minimize financial, reputational, and financial crimes risk to the Bank. You will complete thorough Case Investigations and Enhanced Due Diligence reviews in the Bank’s AML/CFT and Sanctions monitoring software system(s) to identify potentially suspicious and fraudulent activity.

You will provide AML/CFT and Sanctions subject matter expertise support for the anti-money laundering and OFAC compliance program of First Internet Bank of Indiana and its Fin Tech Partners. You will also perform process analysis to identify changes in regulations, operational processes, or systems and makes recommendations for procedural and process changes.

• Thoroughly and timely investigate and document cases for potential suspicious activity, including money laundering, BSA violations, and terrorist financing
• Conduct fraud investigations by reviewing and investigating potentially fraudulent activity
• Present the outcome of their case investigations to the SAR Committee
• Ensure SARs approved by the SAR Committee are timely prepared, complete, and accurate
• Responsible for contributing to documentation of processes, procedures and training materials
• Assist in supporting current and future product and process migrations by providing insight and analysis
• Assist with identifying automation, gap analysis, and process improvements to ensure compliance with all regulations and identification of suspicious activity
• Responsible for higher risk customer account reviews, ensuring compliance with CIP, CDD and Beneficial Ownership regulations
• Perform Enhanced Due Diligence (EDD) reviews on designated customer account relationships, including Fin Tech Partners
• Provide AML/CFT/OFAC subject matter expertise to internal departments as required
• Perform other duties as assigned.

• A minimum of five years of customer account risk analysis, or equivalent, along with at least three years of specialized experience in AML/CFT/OFAC compliance in the financial services industry
• Experience in analyzing data, conducting fraud and AML/CFT investigations, and summarizing conclusions, including problem solving and investigative skillset
• Solid understanding of AML/CFT/OFAC regulation and financial crime trends and issues
• Bachelor’s degree and/or industry certification such as CAMS, CFE, CFCS, or CAFP preferred
• Demonstrated ability to complete work in a timely, efficient manner with impeccable accuracy
• Self-starter that is able to work independently and as part of a team
• Demonstrated success at teaching various skills to other Account Risk Analysts including system and computer applications and standard operating procedures
• Microsoft Office experience required

• Professional office setting.
• Primarily sedentary position requiring long periods of time working at a computer.
• Must be able to move throughout the office and buildings to obtain or relay information.
• Must be able to perform the essential functions of the position with or without reasonable accommodation.

We’re not just another bank and we’re not looking for just another employee. Since 1999, First Internet Bank has been dedicated to finding a better way to bank and doing things that have never been done before. Yes, we really were the first state-charted, FDIC insured bank to operate entirely online and we have been leading the way ever since.

We seek the game changers, the innovators…those who challenge the status quo because change really is the only constant. Ready to join a team of imaginative, driven individuals like you? It’s your career, you deserve to imagine more. Keep reading, we think you will like what see.

Our success has been driven, in part, by four core competencies – customer focus, teamwork, adaptability and initiative. Collectively they define our actions and are at the heart of all we do. As a result, we’ve been fortunate to have been named…