Due Diligence Consultant - Investigations

Title: Due Diligence Consultant- Investigations

Location:

St. Louis, MO

Charlotte, NC

Minneapolis, MN

Duration: 6 months

Benefits on offer for this contract position: Health Insurance, Life insurance, 401K and Voluntary Benefits

Summary:

Lead or participate in moderately complex initiatives and deliverables within functional area and contribute to large-scale planning related to functional area deliverables. Investigate, research, examine, and report complex financial crimes transactions, policy violations and suspicious situations with high levels of risk. Perform risk evaluation and modeling to provide input and recommendations for financial crimes strategies and models. Evaluate the adequacy and effectiveness of policies, procedures, processes and internal controls. Conduct data and onsite reviews, review findings, determine risk level and recommend resulting fraud prevention strategies. Perform investigative research, root cause assessment and consulting regarding highly complex financial crimes transactions, policy violations and suspicious situations with moderate to high risk. Perform detailed examination to detect transactional and relationship patterns, trends, anomalies and schemes across multiple businesses or products. Act as an escalation point for more complex cases. Resolve moderately complex issues and lead a team to meet deliverables. Partner closely with leadership to develop strategies to minimize financial crime portfolio risk through innovative methods with the ultimate goal of maximizing profits. Provide leadership within the team. Liaison and represent the organization in handling court appearances, depositions, mediations, and arbitrations. Collaborate and consult with peers, colleagues and mid-level managers to resolve issues and achieve goals. Lead projects, teams or serve as a mentor for less experienced staff. Develop and deliver a wide range of training for individuals involved in issue detection. Interact internally and externally to conduct investigations or to address risk management.

Responsibilities

• Conduct detailed exposure reviews on clients identified for review through a variety of financial crimes processes including but not limited to internal referrals, negative news screening, manual monitoring reports, and financial crimes investigations, including assessment of client demographics, account/transactional activity (e.g., wires, ACH, cash), and external information on client and their activities.
• Research and respond to referrals related to client and activity concerns
•  Write detailed conclusions to present the results of the reviews to senior risk and line of business managers
• Assist with the execution of ad-hoc projects
• Consult and provide support to interpret policies, guidelines and governance programs
• Support business in execution of reporting processes and controls
• Exercise independent judgment to guide medium risk deliverables
• Aggregate, evaluate and report results and escalate where necessary
• Present recommendations for resolving more complex situations and exercise independent judgment while developing expertise in the due diligence function, policies, procedures and compliance requirements
• Collaborate and consult with peers, colleagues, managers and internal and external customers to resolve issues and achieve goals
•  Maintain current knowledge of the external regulatory environment and continuously assess and report real and potential impacts and emerging risks to management

Qualifications:

• Demonstrated ability to evaluate risks and to communicate relevant risk to the business in a simple, decisive, timely and market-appropriate manner
•  Knowledge of money movement and treasury services (wires, ACH, check, cash vault, etc.).
• Intermediate Microsoft Office skills
•  Excellent verbal, written, and interpersonal communication skills
• Strong analytical skills with high attention to detail and accuracy
•  Ability to interact with all levels of an organization
• Ability to take initiative and work independently with minimal supervision in a structured environment
• Certified Anti Money Laundering Specialist (CAMS) (Preferred)
• Certified Fraud Examiner (CFE) (Preferred)
• Anti-Money Laundering (AML) and Bank Secrecy Act (BSA) experience (Preferred)