Financial Crimes Specialist

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

• 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.

• 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 time frames, 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

• Conduct other reviews and administrative tasks as required
• Complete training courses to maintain competency in AML/CFT and banking compliance

Works in office setting

• 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

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

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)