Financial Crimes Specialist

Compensation

$

Hours Per Week

40

Number Of Positions

0

Job Description

Job Title: Financial Crimes Specialist

FLSA Status: Non-Exempt

Department: Financial Crimes

Hours of Operation: Monday - Friday

General Job Summary:

As a Financial Crimes Specialist, you will perform various tasks to ensure AML/CFT and OFAC recordkeeping requirements are met.

Organizational Duties and Responsibilities:

Supports the mission, vision and philosophy of the Bank. Complies willingly with all organizational policies and procedures.

Supports all functions that maintain compliance with regulatory agencies.

Essential Duties and Responsibilities:

Responsible for the review of currency transactions for the purpose of Currency Transaction Report (CTR) filing

Assist front-line employees to ensure the accuracy of CTR filings

Completes all CTRs within the required timeframes, ensuring reports are completed in time to be reviewed in advance of filing deadlines

Completes designation of exempt persons reports and associated reviews on an ongoing basis

Review account opening documents to confirm compliance with Beneficial Ownership, Customer Due Diligence (CDD) and USA Patriot Act requirements

Ensure that OFAC and 314a lists are being processed and investigated in a timely manner

Review of OFAC matches in AML/CFT, and payment systems

Monetary instrument tracking and maintenance of monetary instrument log

Initiate enhanced due diligence procedures as needed, including the proper review and labeling of high-risk customers, accounts, and product types

Maintains all client, system, investigation, and departmental information in a confidential and compliant manner

Other Functions:

Conduct other reviews and administrative tasks as required

Complete training courses to maintain competency in AML/CFT and banking compliance

Working Conditions: Works in office setting

Minimum Job Requirements:

Education: High School diploma or GED equivalent

Experience: Minimum of 1 year recent experience in related field or work experience in financial services industry

Specific Skills:

High degree of accuracy and attention to detail

Ability to function in a multi-task environment

Capability to communicate and collaborate with all levels of management and employees

Strong planning and organizational skills; must demonstrate good analytical and problem-solving skills in an ever changing environment

Strong PC skills (Excel and Word)

Ability to define problems and propose solutions

Ability to work independently with limited direction from supervisor

Ability to maintain a high level of confidentiality

Specialized: Ability to think, remember, learn new information, and apply cognitive data to job functions

Physical requirements:

The physical demands described here are representative of those that must be met by an employee in order to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Primarily sedentary work performed in an office environment

Ability to sit for extended periods of time while working at a computer

Frequent use of hands and fingers to operate a computer, keyboard, mouse, and other office equipment

Ability to speak clearly and hear well enough to communicate with clients, team members, and vendors via phone, video, and in person

Visual acuity sufficient to read computer screens, printed documents, and financial data

Occasional standing, walking, bending, or reaching

Ability to lift and carry up to 10–15 pounds occasionally (e.g., files, office supplies)

Place of Work

On-site

Requisition ID

81352