Financial Intelligence Unit (FIU) Associate

At TreviPay, we believe loyalty begins at the payment. Thousands of sellers use our global B2B payments and invoicing network to provide choice and convenience to buyers, open new markets and automate accounts receivables. With integrations to top eCommerce and ERP solutions and flexible trade credit options, TreviPay brings 40 years of experience serving leaders in manufacturing, retail and transportation.  

Every day, TreviPay employees are challenged and empowered in a supportive, collaborative, entrepreneurial environment. 

Job Summary

The Financial Intelligence Unit (FIU) Associate will assist in the analysis, investigation and verification of financial transactions to detect and prevent financial crimes such as application and transaction fraud, money laundering, and terrorist financing.

Additional duties may include reviewing sanctions-related tasks, tasks related to KYC (Know Your Customer) such as prospect reviews and supplemental support for daily FIU operations. This position involves supporting FIU analysts in gathering, reviewing, and interpreting financial data to ensure compliance with regulatory requirements and internal policies.

Duties and Responsibilities (List in order of time spent.)

o   Verify applicant/customer information using online sources/OSINT, 3rd party and internal databases.

o   Conduct verification calls and emails to applicants/customers to verify or confirm the alert or confirm the level of fraud or suspicion.

o   Analyze application, account and financial transactions and patterns to identify suspicious activities

o   Assist in collecting and organizing application, account and financial data from various sources.

o   Prepare and review reports on findings for accuracy and completeness.

o   Research and gather additional information from external databases, financial institutions, available internal vendors and OSINT sources.

o   Assist in ensuring compliance with relevant laws, regulations, and internal policies.

o   Maintain accurate and detailed records of all investigative activities.

o   Work closely with team members and other departments to support investigation efforts.

o   Communicate findings and updates to senior analysts and relevant stakeholders.

o   Participate in team meetings and contribute to discussions on emerging threats and trends.

o   Stay updated on industry best practices, regulatory changes, and new financial crime trends.

o   Participate in training and professional development opportunities to enhance analytical skills and knowledge.

o   Perform reviews (initial, secondary, post decisioning, transactional and exception reports) of alerts generated through initial credit applications, existing account changes or alerts based on red flags, to either clear or confirm alert item (fraud, verification, compliance).

o   Other tasks as assigned by senior FIU members

Qualifications

Competencies/Skills

o   Basic to intermediate knowledge of financial crime prevention, anti-money laundering regulations and fraud indicators/red flags.  

o   A natural ability to seek out new information, experiences, and insights, and to question the status quo, a genuine interest in discovering how things work and finding new solutions to problems.  

o   Strong analytical and problem-solving abilities.

o   Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).

o   Basic understanding of underwriting, financial concepts and transaction analysis.

o   Good written and verbal communication skills.

o   Attention to detail and ability to handle sensitive information with discretion.

o   Ability to work independently and as part of a team.

Years of Experience

o   1 – 3 years of experience in financial services industry (fraud, collections, compliance)

o   Education (High School Diploma, Associate, Bachelors, Masters)

o   Associate or Bachelors degree, Technical School diploma, or other two-year program or equivalent.  Work experience in lieu of will be considered. 

Certification/Licenses

o   None required.

What is in it for me?

·       Work in a friendly and caring company where teamwork is key

·       Work with skilled people that are invested in your success and growth

·       Remote working is the new normal with flexible work options and paid holidays

·       Competitive salary with a comprehensive benefits package starting day one

·       Work in a fun environment that promotes creative thinking and a positive attitude

·       Career development opportunities

·       An open-door policy which means your voice will always be heard

·       A robust Employee Referral program

At TreviPay we believe:

·       in saying yes to unique and challenging requirements

·       empowered team members are creative team members

·       our products make the customer’s day just a little bit better

·       work/life balance makes us all more effective