Account Risk Analyst II

About The Position

As the Account Risk Analyst II you will be responsible for reviewing data utilizing a broad range of technical skill sets combined with AML/KYC/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 review alerts in the Bank’s BSA/AML/Fraud and Sanctions monitoring software system(s) to identify potentially suspicious and fraudulent activity.

You will also provide support for anti-money laundering and OFAC compliance. You will also perform process analysis to identify changes in regulations, operational processes, or systems and makes recommendations for procedural and process changes.

• Reviews and researches new customer account applications referred by internal Bank departments to identify fraudulent account applications
• Suspicious Activity Identification
  • Research, document, and close and/or escalated alerts in the Bank’s BSA/AML/Fraud software within documented time frames.
  • Investigate suspicious activity, create cases, and make recommendations for SAR filings to the SAR Committee.
• Assist in fraud investigations by reviewing and investigating potentially fraudulent activity
• Assist in technical system functions to ensure compliance with OFAC and 314(a) processes
• 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
• Review ACH trial deposits daily to identify and return potentially fraudulent transfers
• Responsible for customer account reviews, ensuring compliance with CIP, CDD and Beneficial Ownership regulations; perform EDD on designated customer account relationships
• Provide training to internal departments as required
• Perform other duties as assigned

• A minimum of three years of account risk analysis, or equivalent, along with at least one year of specialized experience in BSA/AML/OFAC compliance
• Experience in the financial services industry
• Experience in analyzing data, conducting fraud investigations, and summarizing conclusions, including problem solving and investigative skillset
• Solid understanding of AML software and technology
• 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 you 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 numerous times as an Indianapolis Star Top Workplace and one of the Best Banks to Work For! Headquartered in downtown Fishers, our newly-built, state-of-the-art 175,000 square foot facility headquarters was designed with our team in mind and features an 18,000 square foot open air deck named “The Backyard”, with fire pits, covered pergola, waterfall and foliage to create a momentary escape from the work day.

Beyond that, the onsite…