GCO Wealth Supervision - AML/Fraud Risk Analyst - Military Veterans

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Regular or Temporary:

Regular

Language Fluency:  English (Required)

Work Shift:

1st shift (United States of America)

Please review the following job description:

Responsible for execution of end-to-end suspicious activity investigation and reporting process which entails timely monitoring, identification, investigation, and when appropriate; reporting of suspicious financial and/or fraudulent activity, to include money laundering, terrorist financing, fraud and/or any other financial risk or crime. Leverage automated transaction monitoring rules and reports, and conduct other processes designed to identify activity potentially indicative of criminal behavior. Investigates potentially suspicious financial activity and when appropriate, file Unusual Financial Observations (UFOs) to Truist Financial Crimes Program Management for review and reporting.
Responsible for integration with governance and the completion of tasks and projects to mitigate fraud risk within the business unit. Work closely with internal departments to ensure current processes and procedures continue to align and serve the needs of the business, and seek opportunities to further develop processes and create efficiencies. Monitor operational and regulatory changes for impacts to the business and pursue solutions to challenges presented by those impacts.

ESSENTIAL DUTIES AND RESPONSIBILTIES
Following is a summary of the essential functions for this job.  Other duties may be performed, both major and minor, which are not mentioned below.  Specific activities may change from time to time.  

1. Analyze customer transaction activity to ascertain legitimacy of the business and the business transactions, ensuring that the transaction activity is commensurate with the nature of the business entity and historical patterns. Communicate with Relationship Managers, branch associates and others as needed to gather additional client information. 
2. Analyze and track escalations of elder concerns. Connect with Advisors and Supervisors as needed to discover root cause and further escalate as appropriate.
3. Analyze and track other escalations of potential fraud from all sources include teammate concerns, privacy concerns, negative news alerts, and teammate escalations. Connect with Advisors and Supervisors as needed to discover root cause and further escalate as appropriate.
4. Conduct and monitor negative news screening.
5. Assist with International client onboarding.
6. Act as subject matter experts for Unusual Financial Observation filings. Liaise with AML Officer as necessary.
7. Conduct regular reporting on fraud escalations.
8. Maintain a strong knowledge of all applicable current and proposed regulations, including FINRA 19-18 Red Flags monitoring, Bank Secrecy Act (BSA)/Anti-Money Laundering (AML) laws and regulations, and FINRA notices on elder fraud.
 

QUALIFICATIONS
Required Qualifications:
The requirements listed below are representative of the knowledge, skill and/or ability required.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1.    Bachelor’s degree
2.    A minimum of 7 years of industry experience in a financial institution with emphasis in operations, supervision and/or risk management
3.    FINRA Series 24 
4.    Knowledge of retail financial institutions with emphasis in operations, supervision, compliance, and/ or risk management
5.    Knowledge of securities markets and the retail brokerage business
6.    Knowledge of regulatory environment
7.    Strong analytical skills and experience working with data and reporting
8.    Strong written and oral communication skills
9.    Detail oriented and able to work independently while juggling multiple priorities
Preferred Qualifications:
1.    FINRA Series 7 and/or 66
2.    7 to 9 years of business experience in retail brokerage with an emphasis in operations, supervision, compliance, and/ or risk management
3.    Bachelor’s degree in business, accounting, finance, banking or equivalent education and related training
4.    Banking or Investment securities experience
5.    SQL and/or advanced MS Excel skills
 

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Truist supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. Truist is a Drug Free Workplace.

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