AML Investigator

General Information Primary Location: 5519 Glenwood Employee Status: Full-Time Workplace Type: Fully On-Site This is not a remote opportunity. Position required to report to the Grand Rapids office daily. Who we are At LMCU, you'll find more than just a job – discover a fulfilling career where your contributions truly matter. Join our talented team at Lake Michigan Credit Union and discover the difference an employer who puts people first can make in your career and life. About this position The Anti-Money Laundering (AML) Investigator is responsible for ensuring adherence to Bank Secrecy Act (BSA) through transaction monitoring, investigation of suspicious activity, and the drafting of Suspicious Activity Reports (SARs), as well as identifying and monitoring high risk activity and high‑risk accounts. The role makes recommendations to file SARs to the BSA Officer and documents findings. It maintains documentation to ensure compliance with the Bank Secrecy Act and supports all elements of BSA, AML, USA, PATRIOT Act, and Office of Foreign Assets Control (OFAC) requirements in accordance with credit union policies and procedures. What you’ll do Utilize standard procedure and independent judgment to investigate and analyze customer account activity in a timely manner. Review suspicious activity alerts from a variety of sources, including AML monitoring software, referrals from branches and back‑office member‑facing departments, and other BSA teammates, to accurately distinguish suspicious activity from false positives. Create well documented and organized findings to write justification summaries for false‑positive decisions. Use findings to make recommendations to BSA Management regarding the filing of SAR cases. Prepare all aspects of documentation retention and SAR form for review and submission to FinCEN, accurately and concisely explaining customer activity in narrative form. Investigate, rate, and monitor high‑risk members and/or high‑risk activity based on LMCU’s risk appetite using AML software, documenting findings according to procedure. Maintain and update personal knowledge of AML rules, regulations, laws, and best practices. Perform other tasks or duties as needed to support the AML/BSA/Compliance team. What you’ll bring Previous compliance experience, preferably in BSA/AML; two or more years in a banking environment. A two‑year college degree or completion of a specialized course of study at a business or trade school equivalent to approximately 64 credit hours. Analytical and investigative skills to understand expected activity for individual members and member entities. Highly organized with attention to detail to ensure a full and complete review of member alerts and database of reviews/trends. Knowledge of financial crimes and how they are perpetrated. Understanding of businesses and anticipated or expected transactions for business accounts. Proficient computer skills, including experience using software systems and MS applications, and a willingness to learn additional software and regulatory reference materials. Ability to work collaboratively and independently, able to self‑initiate activity review and research. Effective time‑management skills, prioritizing multiple tasks with competing timelines (multitasking). Demonstrated knowledge of banking, including the internal structure of a credit union and key credit union operations and services. In‑depth knowledge of the Bank Secrecy Act and AML rules and regulations. Strong ability to understand specific BSA/AML, recognize solutions to mitigate risks, and adapt to automation or other changes as implemented. Must have good working knowledge of Symitar, Application Extender/OnBase, and Image Center. What you’ll get Weekly pay and retirement savings options for all employees. Comprehensive health coverage for full‑time employees, including medical (with prescription), dental, vision, HSA match, paid parental leave, and tuition reimbursement. LMCU is an Equal Opportunity Employer #J-18808-Ljbffr