The BSA / AML Investigator requires knowledge of all Bank Secrecy Act regulations including the USA Patriot Act and OFAC regulations with the ability to define problems and propose solutions.  The investigator will comply with Old National’s BSA/AML policy, program, and procedures for performing SAR, case investigations, and all other BSA/AML and OFAC responsibilities.  The investigator will support Old National’s lines of business and branch locations by performing research, responding to questions, and verifying accuracy of information.  This position will comply with all state and federal rules, regulations and laws while utilizing sound judgment and the highest degree of confidentiality.  The BSA/AML Investigator must keep abreast with current and emerging money laundering and financial crime trends. The position will report directly to the BSA AML Investigations Manager. 

Salary Range

The salary range for this position is $61,200/yr - $123,700/yr plus bonus. The base salary indicated for this position reflects the compensation range applicable to all levels of the role across the United States. Actual salary offers within this range may vary based on a number of factors, including the specific responsibilities of the position, the candidate’s relevant skills and professional experience, educational qualifications, and geographic location.

Key Accountabilities  

Perform suspicious activity monitoring and reporting 

• Adhere to all BSA/AML and OFAC policies and procedures. 

• Perform analytical reviews for suspicious activity or potential OFAC matches generated by various surveillance delivery channels to make a determination if further investigation is necessary or if a SAR is required.  Ensure all SARs are prepared and filed with FinCEN on a timely basis.  Make assessments of suspicious activity and collaborate on SAR decisions for reporting with management and the BSA Officer. 

• Responsible for all aspects of the case investigations:  Complete thorough and objective investigation reports, evaluation of evidence, recommendation on SAR or no SAR decision, preparation of supporting documentation, and completion of case file providing detailed notes and SAR narratives. 

• Assist the Senior BSA/AML Investigators with BSA/AML and/or OFAC compliance related issues, procedures, as well as daily regulatory reporting.  Utilizes available bank systems to monitor, process and analyze information and file required reports in an accurate and timely manner. 

Assist to sustain and further develop the BSA AML OFAC Program for the Bank 

• Participates in compliance training and additional continuing education to maintain proficiency in the laws and regulations affecting financial institutions regarding BSA/AML and OFAC. 

• Other responsibilities and projects as assigned by management, make recommendations on enhancements to BSA/AML policies and procedures; provide technical compliance support when issues or questions arise with various operating units; assist as an advisor in new product and/or service development. 

Key Competencies for Position  

Culture Leadership: 

• Communication: Effectively shares information and ideas with individuals and groups; displays self-awareness and self-management, tailors the delivery to the audience, and selects suitable delivery method(s). 

• Collaboration: Actively seeks, develops, and maintains trusted relationships with others to achieve business goals and objectives. 

Execution Leadership:  

• Drive and Execution- Committed to achieving established goals, overcoming obstacles, and continuously learning to improve performance 

• Attention to Detail: Completes work thoroughly and accurately; pursues quality in accomplishing tasks. 

• Technical Knowledge- Possesses the required technical knowledge to perform the role effectively; continuous learning to adopt new trends or expertise. 

• Accountability  - Accepts full responsibility for self and contribution as a team member; follows through on commitments; implements decisions that have been agreed upon; acknowledges and learns from mistakes without blaming others; recognizes the impact of his/her behavior on others. 

Qualifications and Education Requirements 

• Bachelor's Degree in Business, Finance, Accounting, Law or related field preferred 

• 3+ years relevant experience in banking combined with BSA AML, fraud, investigations, operations, compliance, or relevant business experience. 

• Ability to work independently or as part of a team   

• Fundamental knowledge of banking and financial service company principles, philosophies, and operational concepts  

• Strong interpersonal skills along with excellent written and verbal communication skills.  

• Sound knowledge of BSA regulations, OFAC regulations, USA PATRIOT Act, Fraud Scenarios, Criminal Situations, and Internal Crimes 

• Problem solving skills with the ability to define problems and propose solutions 

• Required competency with Microsoft Office Suite, especially advanced use of Excel to manipulate data for analysis.