AML & Fraud Investigation Specialist; FCB

AML & Fraud Investigation Specialist (FCB) (Finance)

Join Our Team—Where Integrity, Precision, and Risk Stewardship Protect Our Customers.

First Carolina Bank is seeking an AML & Fraud Investigation Specialist to strengthen oversight of our AML and Fraud Investigation programs supporting our Digital Banking partner(s). This role plays a critical part in protecting the bank, our customers, and the financial system through disciplined oversight, regulatory compliance, and thoughtful risk management.

• Protect what matters most:
  Provide oversight of AML and fraud investigation activity to ensure compliance with federal and state regulations while safeguarding customers and the bank. Your work directly supports a strong Second Line of Defense.
• Turn data into risk insight:
  Review case trends, aging, and exposure patterns to identify emerging risks and inform leadership decisions.
• Partner across the organization:
  Collaborate with Digital Banking partners, Compliance leadership, Internal Audit, and regulators to ensure expectations are met and risks are remediated.
• Operate with purpose and precision:
  Thrive in a role designed for accuracy, consistency, and disciplined execution within defined regulatory standards.
• Support regulatory readiness:
  Participate in audits and exams requiring third‑party oversight and ensure policies, procedures, and training remain current and effective.

Where you’ll spend time:
Oversight & Sampling
• Risk & Trend Review
• SAR & Regulatory Support
• Partner Collaboration
• Special Projects.

• Detail‑driven and disciplined:
  You value accuracy, structure, and quality, and you’re comfortable working methodically with complex regulatory requirements.
• Thoughtful and risk‑aware:
  You exercise sound judgment, rely on facts, and take a cautious, deliberate approach to decision‑making.
• Independent and dependable:
  You manage your work effectively, meet deadlines, and maintain focus in a fast‑paced, regulated environment.
• Compliance‑minded collaborator:
  You communicate clearly and professionally while working closely with partners to uphold standards and resolve issues.

• Support the design and implementation of annual AML and fraud risk assessments for Digital Banking partner(s).
• Perform weekly sampling of fraud and BSA alerts to verify adherence to SLAs and escalation requirements.
• Review sampled fraud and AML cases for timeliness, accuracy, transitions, and financial integrity.
• Review case aging and monitor AML and fraud exposure trends.
• Review, approve, and submit SARs to FinCEN; ensure supporting documentation is complete and accurate.
• Conduct annual reviews of partner AML and fraud policies and procedures.
• Respond to AML 314(a) requests and review partner OFAC testing.
• Participate in audits, exams, and regulatory inquiries involving third‑party oversight.
• Remain current on regulatory developments and support compliance initiatives and special projects.

Required

• Bachelor’s degree in business, finance, accounting, or a related field OR at least 2 years of experience in banking or financial services.
• Working knowledge of federal and state banking regulations.
• Strong written and verbal communication skills.
• High attention to detail with strong analytical and organizational skills.
• Ability to work independently while collaborating effectively within a compliance team.

Preferred

• Prior banking, compliance, or regulatory experience.
• CAMS (Certified Anti‑Money Laundering Specialist) and/or CFE (Certified Fraud Examiner).
• Familiarity with BSA documentation, SAR processes, and remediation practices.

• Competitive total compensation
• Comprehensive health, dental, and vision insurance
• Retirement savings plans with company match
• Paid time off and holidays
• Professional development and training opportunities
• Employee assistance programs
• Opportunities to serve and support our communities

• Adheres to Workplace Policies, Code of Conduct, privacy, and information security standards.
• Complies with all applicable regulatory requirements, including Anti‑Money Laundering, Bank Secrecy Act, and USA PATRIOT Act obligations.
• Acts within authorized limits and role‑specific procedures to protect shareholder and customer interests at all times.

• Enterprising:
  Resourceful problem solving to support clients and partners responsibly.
• Intentional:
  We do what we say we will do—carefully, consistently, and with attention to detail.
• Responsive:
  We act promptly to identify, investigate, and remediate risk.
• Considerate:
  We demonstrate professionalism, integrity, and respect in every interaction.

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