Job Description

Job Description

Job Description

JOB SUMMARY

We are seeking a talented, detail-oriented and experienced BSA AML Specialist II to join our BSA/AML team. The BSA AML Specialist II will be responsible for monitoring instances of money laundering, fraud and other financial crimes within our financial institution. The BSA AML Specialist II will provide in-depth investigations that are escalated from the AML monitoring system and enterprise-wide referral as well. The BSA AML Specialist II will also assist with the completion of Enhanced Due Diligence reviews. BSA AML Specialist II manages all assigned alerts and cases from start to disposition which may include presenting the recommendation to the SAR committee and preparing SARs, while meeting timely service level agreements. This role requires strong analytical skills, attention to detail and solid understanding of AML regulations and compliance requirements. This individual is also expected to multi-task special projects when requested by management together with the Investigators regular responsibilities. This position supports the overall BSA/AML/CFT and Compliance Program.

KEY RESPONSIBILITES

• Conduct in-depth investigations into potential money laundering and financial crimes
• Analyze transactional data, account activity and relevant data to detect patterns and anomalies.
• Analyze complex financial data, conduct background research, and present findings and recommendations to the BSA Officer.
• Ability to identify red flags and potential risks that may indicate illicit financial activities
• Document findings and recommendations in detailed reports, ensuring compliance with internal policies and regulatory requirements.
• Review and assess alerts generated by the AML monitoring system.
• Conduct enhanced due diligence on high-risk customers.
• Prepare and file Suspicious Activity Reports (SARs) consistent with FinCEN requirements.
• Collaborate with internal teams, law enforcement agencies and regulatory bodies as needed.
• Provide support and guidance to BSA/AML Team.
• Stay up to date on industry trends and regulations related to AML compliance.
• Utilize various tools and resources to gather information and evidence for investigations.
• May also conduct peer reviews of AML alerts, investigations, and SARs to ensure accuracy.
• Participate in internal and external audits, reviews, and regulatory examinations related to EDD and AML processes.

QUALIFICATIONS

• Bachelor's degree in finance, Accounting, Criminal Justice, Business or a related field.
• 3+ years of experience in AML compliance or Financial Investigations.
• Strong decision -making analytical skills and attention to detail.
• Knowledge of AML regulations and compliance requirements.
• Professional certification such as Certified Anti-Money Laundering Specialist (CAMS) preferred.
• Critical thinking skill to research, collect and analyze.
• Effective verbal, written and interpersonal communication.
• Knowledge of Enhanced Due Diligence (EDD), Customer Due Diligence (CDD) and Know Your Customer (KYC).
• Individual must be able to work independently and with minimal supervision while performing multiple tasks and meeting deadlines.
• Working knowledge of Verafin a plus.

If you meet the qualifications and are passionate about combating financial crimes, we encourage you to apply for the AML Investigator position. Join our team and make a difference in the fight against money laundering and financial crimes.

ABOUT US

For over a century, Peoples Bank has served as a cornerstone of customer commitment, helping our communities thrive and continuously supporting our community members. Proudly bearing the Finward name as a Finward Company, our logo symbolizes our unwavering dedication to financial excellence, advanced technology, and elevating the customer journey.

Headquartered in Munster, Indiana, Peoples Bank offers an extensive array of consumer, business, and wealth management solutions, alongside cutting-edge digital banking services. With 26 conveniently located Peoples Banking Centers spread across Northwest Indiana and Chicagoland, we uphold a tradition of delivering top-notch performance to our valued residents.

At Peoples Bank, we are driven by a passion for fostering success within our customer base and communities. Anchored in our core values of Stability, Integrity, Community, and Excellence, we are committed to building strong partnerships with our customers and communities to help them achieve financial success. Through innovative engagement and technology, we ensure an exceptional customer experience at every turn.

For more information on benefits visit the Careers page of our company website at

Peoples is an Equal Opportunity Employer of women, minorities, protected veterans and individuals with disabilities.

Equal Housing Lender/ Member FDIC

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