Enhanced Due Diligence Investigator - Fraud, BSA AML
M&T Bank - Gaithersburg, MD

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M&T Bank is seeking Enhanced Due Diligence Investigators in Baltimore, MD
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M&T is currently expanding our Bank Secrecy Act/Anti-Money Laundering/Office of Foreign Assets Control ('BSA/AML/OFAC') Operations Group and is seeking experienced Enhanced Due Diligence Investigators.

Responsible for assisting the Compliance Specialist II in ensuring adherence to State and Federal regulatory compliance with the Bank Secrecy Act, USA PATRIOT Act and OFAC. Interacts with business unit compliance personnel to ensure compliance with laws and regulations. The position works within supervision of the BSA Compliance Specialist II or BSA/AML/OFAC Operations Manager and is required to exercise independent judgment, discretion and includes decision-making in lieu of the BSA Compliance Specialist II.

Enhanced Due Diligence Investigator Responsibilities:
Legal & Regulatory Risk Management. Assesses and mitigates the risks associated with high risk customers through enhanced due diligence review and suspicious activity identification throughout M&T Bank Corporation to ensure compliance with Federal and State laws and regulations and to minimize penalties and reputational losses.
Legal & Regulatory Identification & Communication. Remains current on legal and regulatory requirements in cooperation with Counsel's Office, as applicable.
Compliance Policies & Control Procedures. Implements internal policies and control procedures with a thorough knowledge and understanding of guidance, laws and regulations. Makes recommendations to improve policies and procedures to maximize departmental resources.
Customer Due Diligence/Enhanced Due Diligence and Suspicious Activity Identification and Reporting. Detects monitors, analyzes and reports suspicious activity with respect to money laundering and terrorist financing. Monitors complex customer activity in order to ensure that M&T is not doing business with persons involved in money laundering or terrorist financing or with prohibited persons or entities designed by OFAC and other law enforcement agencies.
Responsible for performing tasks in a manner that are compliant with applicable laws and regulations and / or that serve to help the company be in compliance with laws and regulations that apply to the business line the position supports.

Enhanced Due Diligence Investigator Requirements:
Bachelor's degree or equivalent in work experience
3+ years of audit or risk management experience
4+ years of compliance experience
6+ years of banking experience
Proficient PC skills to include spreadsheet, word-processing, database systems and other software utilized by the department
Strong analytical abilities and problem solving skills
Strong ability to use expert resources, including the Internet
Exceptional ability to multi-task and prioritize projects
Ability to coordinate and work collaboratively with internal and external contacts on a daily basis
Ability to identify efforts that will improve organizational efficiency
Record of achieving results in self and in fellow team members
Knowledge and experience to anticipate, identify and resolve problems
Self-motivation and organizational skills
Excellent written, verbal communication and presentation skills
ACAMS Certification preferred

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About this company
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M&T Bank is considered one of the country's most highly regarded regional banks. We were founded more than 150 years ago in Western New...