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WaFd Bank · 1 day ago

BSA/AML Investigator

Boise, ID

Full-time

Onsite

Entry, Mid Level

$24.04/hr - $40.87/hr

1+ years exp

WaFd Bank is seeking a BSA/AML Investigator responsible for performing BSA/AML and OFAC Investigations of account activity. The role involves conducting research, documenting findings, and ensuring compliance with federal regulations.

BankingFinanceFinancial Services

H1B Sponsored

Responsibilities

Conduct research over available Bank systems, the Internet and Commercial Databases consistent with the the resolution of case reviews and investigations

Collect and examine financial statements and documents to assist in identifying unusual transaction patterns

Document and report the review/investigation findings and prepare case files with required supporting documentation (e.g. media search results, copies of statements/checks, results from internal system searches etc.)

Perform sanctions screening for customers and incoming and outbound payments

Investigate sanctions issues and provide recommendations as necessary

Draft and file Suspicious Activity Reports (SARs) consistent with FinCEN requirements

Recommend relationship retention or termination and track account closures as required

Adhere to bank policies and procedures designed to comply with Federal regulations, including but not limited to the Bank Secrecy Act, USA Patriot Act and OFAC regulations

Qualification

BSA/AML investigationsSuspicious Activity ReportsAML qualifications (ACAMS)Transaction monitoring systemsResearch skillsAnalytical skillsEffective writingCommunication skills

Required

Bachelor of Science or Bachelor of Arts degree

One (1) to three (3) years of related experience -- AML, transaction monitoring, alert clearing, escalation investigations, and SAR drafting. May also have relevant experience in areas such as risk, operations, and audit

Knowledge of common money laundering methods and trends

Knowledge of the laws applicable to money laundering, including the Bank Secrecy Act, the USA PATRIOT act, US Treasury AML guidelines, OFAC requirements, and Suspicious Activity Reporting requirements

Research skills including experience with online search tools

Knowledge of transaction monitoring systems and applicable rules

Effective writing, analytical, and communications skills

Preferred

Relevant industry qualifications in AML (e.g., ACAMS)

Benefits

Paid time off for vacation, sick days and holidays

Health insurance

Stock options

Bonus programs

Generous 7% 401(k) employer matching•

Paid Parental Leave

Life and AD&D insurance

Long-term disability

Tuition Reimbursement

Employee assistance programs

Pre-tax health and dependent-care spending plans

Company

WaFd Bank

Glassdoor3.9

WaFd Bank provides banking and financial services.

Founded in 1917

Seattle, Washington, USA

1001-5000 employees

https://www.wafdbank.com

H1B Sponsorship

WaFd Bank has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (3)