Financial Crimes Investigator II

Stock Yards Bancorp, Inc.

parent company of Stock Yards Bank & Trust Company, with offices in Louisville, Central, Eastern and Northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets.

Job Title: Financial Crimes Investigator II

FLSA Status: Exempt

Department: Financial Crimes

Hours of Operation: M-F 8:00-5:00

As a Financial Crimes Investigator, you will perform AML and/or Fraud alert/case reviews, seeking to minimize risks associated with financial crimes and suspicious activity.

• Supports the mission, vision and philosophy of the Bank. Complies willingly with all organizational policies and procedures.
• Supports all functions that maintain compliance with regulatory agencies.

• Responsible for researching, analyzing and investigating potentially suspicious activity related to money laundering and terrorist financing and other forms of financial crime from system generated alerts, internal referrals, and external sources to ensure suspicious transactions are identified within specified time frames and escalated for further review as necessary.
• Conducts comprehensive case investigations, including complex casework and cross-institution collaboration, which includes analyzing transaction information, reviewing customer data, researching open source and media checks, and recommending a SAR or no SAR be filed.
• Prepares quality investigative documentation which includes detailed case notes and attachments of internal and external research.
• Conducts ongoing monitoring and reviews on customers deemed high-risk and escalates suspect activity to management as needed.
• Recommends and implements risk mitigation strategies aimed at protecting the bank and customers from financial loss.
• Performs recovery-related tasks and communications.
• Provides on-the-job training and guidance to junior team members.
• Maintains all client, system, investigation, and departmental information in a confidential and compliant manner.

• Assists the Financial Crimes Manager with ongoing financial crime issues and inquiries.
• Communicates with branch staff, other internal departments, customers, law enforcement, and other financial institutions to obtain additional information and documentation as needed.
• Other duties as assigned.

Works in office setting.

Education: High School Diploma or GED Equivalent, College Degree preferred

• Minimum 5 years of banking experience; or equivalent combinations of education and financial industry experience.
• Minimum 3 years of current financial crime investigations or monitoring.

• Knowledge of AML/CFT and related regulations governing banking.
• High degree of accuracy and attention to detail.
• Ability to function in a multi-task environment.
• Capability to communicate and collaborate with all levels of management and employees.
• Strong planning and organizational skills; must demonstrate good analytical and problem-solving skills in an ever-changing environment.
• Strong PC skills (Excel and Word).
• Sound judgment and decision-making.
• Ability to define problems and propose solutions.
• Ability to work independently with limited direction from supervisor.
• Ability to maintain a high level of confidentiality.

Ability to navigate AML software and its related functions

CAMS, CAFS, CFE, CAFP achieved or in progress.

The physical demands described here are representative of those that must be met by an employee in order to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Primarily sedentary work performed in an office environment.
• Ability to sit for extended periods of time while working at a computer.
• Frequent use of hands and fingers to operate a computer, keyboard, mouse, and other office equipment.
• Ability to speak clearly and hear well enough to communicate with clients, team members, and vendors via phone, video, and in person.
• Visual acuity sufficient to read computer screens, printed documents, and financial data.
• Occasional standing, walking, bending, or reaching.
• Ability to lift and carry up to 10–15 pounds occasionally (e.g., files, office supplies).

• 401(K) with a company match of up to 6%
• ESOP employer match
• Medical insurance
• Dental insurance
• Vision insurance
• Cancer/Disease insurance
• Accident insurance
• Flexible Spending Accounts
• Flexible Savings Accounts
• Health Savings Accounts
• Bank paid Life/AD&D insurance
• Voluntary Life/AD&D insurance
• Bank paid Short-Term and Long-Term Disability insurance
• Employee Stock Purchase Plan
• Employee Assistance Program