Contractor - Legal

Merrifield, VA

7d • Remote

About The Position

We are seeking a dedicated and detail-oriented BSA/AML Currency Transaction Specialist to join our compliance team. This role involves processing and submitting Currency Transaction Reports (CTRs) accurately and within regulatory deadlines, reviewing financial activities, and ensuring adherence to AML typologies and regulatory standards.

Requirements

• Experience in BSA/AML compliance, banking, bank branch operations, or a directly related field. Relevant combinations of education and experience may also meet requirements.
• Working knowledge of BSA/AML Compliance as it pertains to Currency Transaction Reports and Monetary Instrument Logs.
• Basic understanding of AML/BSA Regulatory compliance processes and procedures related to the Bank Secrecy Act and Currency Transaction Reporting.
• Strong research, analytical, and customer service skills with effective communication abilities, both verbal and written.
• Ability to manage deadlines, be organized, and maintain a high level of accuracy and attention to detail.
• Proficient in pulling, reconciling, and tracking data, with strong follow-through and documentation skills.
• Demonstrated computer proficiency, including Microsoft Word, Excel, and the ability to learn new programs quickly.

Responsibilities

• Process and submit Currency Transaction Reports (CTRs) within required regulatory timeframes.
• Review daily internal referrals, including financial activity and branch referrals, to identify potentially reportable transactions.
• Contact branches as necessary to gather additional information for accurate reporting.
• Reconcile Verafin currency transactions to verify data accuracy and finalize Currency Transaction Report filing.
• Track, report, and escalate any discrepancies or errors as required.
• Recognize AML typologies and identify red flags during the completion of CTR cases.
• Ensure compliance with regulatory deadlines and maintain service level agreements.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed