Financial Crimes Analyst II

General Function Works both independently and within teams to conduct complex data analysis and identify, assess, and mitigate financial crimes risk. Executes policy and procedures to meet the bank's compliance with laws, regulations, and industry standards. Is responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Is accountable for always doing the right thing for customers and colleagues, ensuring actions and behaviors drive a positive customer experience. While operating within the bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types. Essential Duties and Responsibilities Evaluates system activity and generated alerts in accordance with Financial Crimes Compliance expectations. Analyzes Financial Crimes and Fraud related activity. Makes appropriate risk decisions related to financial crimes risk. Escalates matters associated with Financial Crimes activity appropriately. Works with various business units to understand the Financial Crimes and Fraud alerted activity and to ensure compliance with laws. Possesses working knowledge of industry trends. Completes assigned work in a timely and accurate manner. Communicates effectively verbally and in writing with internal and external customers on Financial Crimes or Fraud related matters. Performs other duties as required. Maintains a strong comprehension of Bancorp policies and procedures and regulatory requirements related to financial crimes. Performs required tasks with minimal supervision. Contributes to team meetings with peers or direct reports. Understands the impact of organizational changes and assists with communicating those changes. Maintains knowledge of current and emerging issues and risks in the compliance and regulatory environment. Contributes to financial crimes policies, procedures, and risk assessments as required. Identifies areas of process improvement to increase departmental efficiencies. Contributes to projects designed to improve the quality or efficiency of work produced. Maintains strong working relationships with all business lines and support groups. Prepares and manages communications with business lines, support groups, and external parties to ensure timely receipt of the requested information. Conducts complex data analysis and documents findings appropriately. Assumes team leadership roles and responsibilities as required by management. Acts as a key contributor to special projects for related areas of expertise. Provides data and analytical support to business partners. Bank Secrecy Act Requirements Responsible for adhering to the reporting and record keeping requirements of the Bank Secrecy Act and Anti‑Money Laundering rules and regulations, complying with economic sanctions by prohibiting transactions as specified by the U.S.’s Office of Foreign Asset Control (OFAC) and Canada’s Office of the Superintendent of Financial Institutions (OSFI), following the bank's customer identification program (CIP) rules, observing all Bank policies and procedures relating to BSA, OFAC, CIP, and related acts, and participating in ongoing related training. Supervisory Responsibilities May have team lead responsibilities for providing employees timely, candid and constructive performance feedback; developing employees to their fullest potential and offering challenging opportunities that enhance employee career growth; building the appropriate talent pool to ensure adequate bench strength and succession planning; recognizing and rewarding employees for accomplishments. Minimum Knowledge, Skills, and Abilities Required Bachelor's degree or equivalent work experience required. Three to five years of financial crimes or equivalent experience. Understanding of financial crimes trends, typologies, and regulatory requirements. Solid understanding of first lines operational and organizational structure and Fifth Third’s banking products and services. Excellent oral and written communication skills. Clear and concise communication with all levels of the organization. Sound judgment and logical, critical thought processes when developing solutions or recommendations. Highly organized with the ability to multi‑task and work under stringent deadlines. Ability to work independently and possess strong analytical, problem‑solving, and conflict resolution skills. Professional composure in a dynamic work environment with multiple competing priorities. Ability to provide continuous coaching and training support to employees as required. Demonstrated decisive leadership ability. Proficient in software applications (primary bank and financial crimes applications & Microsoft Office Suite) without assistance and with minimal supervision. Working Conditions Normal office environment with little exposure to dust, noise, temperature considerations. Requires extended viewing of a CRT screen. Compensation Financial Crimes Analyst II Total Base Pay Range: 54,400.00 - 111,500.00 USD Annual. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education, and geographic location. This role is eligible to participate in an incentive compensation plan, with such payment based upon company, line of business, and/or individual performance. Location Cincinnati, Ohio 45227 Equal Employment Opportunity Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status. #J-18808-Ljbffr Fifth Third