BSA AML Specialist II

PB&T Bank•Pueblo, CO

11d•$57,000 - $70,000•Onsite

About The Position

PB&T Bank has been fulfilling financial needs and exceeding our customers' expectations since 1889. We are a full-service bank, providing products and services for individuals and small businesses, specializing in commercial and construction lending. Over the years, PB&T Bank has remained independently owned and operated, allowing for a personal banking experience. Our customers know they can count on PB&T Bank for excellent products and exceptional customer service. Our Signature Banking culture is the highest level of customer service each customer receives from us. Signature Banking means we take ownership to resolve the needs of internal and external customers and ensure follow-up, which in turn builds relationships. We put customers at ease knowing we have completed transactions by exceeding their expectations. PB&T Bank employees take pride and responsibility by placing their signature on all accomplished work. We are seeking employees that care about customers and are interested in continuous improvement and have a growth mindset, and who enjoy the idea of being a representative of the bank in your community. Position Overview This position is responsible for the investigation of fraudulent, illegal or improper activities by employees and/or customers of the organization, and the prevention and recovery of losses caused by such activities. Conducts or coordinates investigations of fraudulent, illegal, or improper activities that could cause losses to or claims against the organization. This position is responsible to support the administration required by the Bank Secrecy Act, including anti-money laundering regulations.

Requirements

Bank Secrecy Act, U.S. Patriot Act, and related regulatory requirements concerning anti-money laundering and Know Your Customer regulations.
Strong Written and verbal skills
Principles of banking
Bank compliance
Retail Service operations
Proficient in the use of Microsoft Office software: MS Word, Excel, Outlook, etc.
Ability to communicate effectively, both orally and in writing with customers, co-workers and vendors
Effective organizational skills
Ability to build strong working relationships, internal and external to the organization.
Accuracy
Provide a high level of interpersonal skills with employees, customers and vendors
Ability Time management and attention to detail
Ability to multi-task
Strong analytical and investigative skills
Prioritizing and meeting critical deadlines
Ability to read and interpret legal documents, write routine reports and correspondence.
Put together pieces of information from a variety of sources to determine if a fraudulent act has been committed
Reasoning and Problem solving
Interact in a professional and courteous manner with internal and external customers.
Successful completion of High School Diploma or G.E.D. certificate
Minimum of 2 years of experience in BSA/AML role

Nice To Haves

Prior experience with AML alert systems and SAR documentation preferred

Responsibilities

Analyzes and identifies possible money laundering activity reported by bank personnel and indicated by cash transactions according to the provisions of the anti-money laundering legislation
Investigates fraud incidents connected with customers and merchants or other issues where the company could be exposed to fraud, theft or loss
Investigates suspicious transactions and files accurate government Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs) as required by law
Assist in making updates and revisions of policies for approval by the Board of Directors and internal procedures to ensure compliance
Cooperate and respond timely to requests and for reporting to government agencies, regulators, courts and attorneys
Reports and submits remittance to various agencies
Provides all reports and information in a timely and accurate manner
Assists with compliance with banking regulations to develop and modify procedures for carrying out the requirements of the Bank Secrecy Act
Attends training sessions as required to keep current with regulation changes and bank policies
Provide timely feedback regarding service and/or product failures or regulatory matters
Review legal documents and associated items to ensure all compliance requirements are met
Regular predictable absences
Comply with requirements of Signature Banking
Interact in a professional and courteous manner with internal and external customers
Perform other duties and responsibilities as assigned