Our financial crimes department detects and reports suspicious activity, combats terrorism, and identifies and reports human trafficking and money laundering. We also work with outside agencies, including law enforcement entities, to assist in this process. Organizations face many financial threats, which have led to various dynamic career paths for people with an investigative edge. Primary areas of focus are Bank Secrecy Act (BSA)/Anti-Money Laundering (AML), Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), and Fraud.
These career paths are exciting and fast-growing, but the direction depends on your skills and preferred work style. Anywhere you work in the financial crimes space, an analytical mindset and attention to detail are mission critical. A seemingly minor detail can lead to important discoveries that put a stop to the crime. Strong financial crimes teams positively impact on our clients and the company’s bottom line. Someone excited about stopping fraudsters and making a difference can stand out in these roles.
The big difference between Fraud and AML/Due Diligence is the pace of the work. AML/Due Diligence is very risk and compliance-focused, which tends to be slower-paced—methodically working through details while confirming compliance details and focusing on deeper research. Fraud is the front line, fast-paced, and very dynamic with a higher volume of transactions—what you do today may not be what you focus on tomorrow. You see waves of cases coming and going quickly, and comfort with constant change is critical in Fraud.
- Retail Banking
- Financial Services Call Centers
- Criminal Justice/Criminology
- Law Enforcement/Legal Industry
- Compliance or Audit
- Fraud Prevention
- Customer & Enhanced Due Diligence
- Physical Security
- Analytical mindset with a demonstrated skill for problem solving.
- Professional curiosity and strong attention to detail—not taking information at face value and a desire to understand the root of a transaction.
- Experience analyzing data and researching and reviewing transactions/account activity and making recommendations upon findings.
- This investigative work can be very independent, but we are looking for collaborators who want to work as a team that continuously improves its process.
- Integrity and an ability to build trust is a key to success in this space.
- Intermediate working knowledge of Microsoft Word, Excel, and PowerPoint.
- Ability to maintain the highest level of confidentiality.
- Working under pressure to meet established deadlines.
Explore the Financial Crimes job opportunities available now: