AML Investigator

About the Job

OppFi's Anti-Financial Crimes (AFC) Department is seeking a motivated AML Investigator to join our team. In this role, you will execute various anti-money laundering (AML) processes across our lines of business. Key responsibilities include investigating unusual activity for potential reporting, conducting thorough customer due diligence (CDD) and enhanced due diligence (EDD) reviews, and assisting with other AML tasks. The ideal candidate has experience in AML investigations and will collaborate with management to ensure timely and accurate completion of critical functions.

What you'll get to do

• Monitor, analyze transactional activity, and conduct investigations for unusual activity including, fraud, money laundering, and other identified risks (internal reports, escalations, and external referrals).
• Conduct research using internal and external sources to help determine if escalation is warranted.
• Review ACH activity, web or telephone-initiated transactions for fraudulent activity.
• Prepare and complete required reporting and dispositions accurately and timely.
• Investigate and analyze the causes, methods, and processes of Anti-Money Laundering (“AML”)/Bank Secrecy Act (“BSA”) and fraud activities and generate fraud prevention and analysis reports.
• Investigate any potential OFAC hits and escalate issues as warranted.
• Review, process and screen for Section 314(a) watchlist requirements received from FinCEN.
• Understands and stays current on Red Flags and industry trends related to AML/BSA and fraud.
• Other duties as assigned.

What you'll bring to the team

• Bachelor’s degree required, preferably in Criminal Justice, Political Science, Law or a related field.
• 3+ years relevant of AML/BSA or fraud experience including intelligence and investigative analysis, or other compliance related experience. Financial crime investigation experience preferred.
• Empowers employees to take responsibility for their tasks and goals. Delegate responsibilities, owns accountability and accepts feedback well.
• A combination of education and experience may meet job requirements.
• Experience and/or exposure to financial institution AML/fraud investigations
• Basic working knowledge of AML/BSA/fraud regulatory compliance processes and procedures.
• Must have solid research, analytical, and problem-solving skills.
• Must have good writing skills and be able to translate complex situations to easily understood narratives.
• Excellent communication skills, both verbal and written.