Corporate AML/CFT CTR (Currency Transaction Reporting) Specialist

Glacier Bancorp, Inc.•Town of Mount Pleasant, NY

2d•$22 - $37

About The Position

This individual will work with the Corporate BSA Department to mitigate risk by completing the daily audit process of Currency Transaction Reporting (CTR) files and identifying and correcting deficiencies. Identified deficiencies must be resolved timely to ensure currency transaction reports can be filed with FinCEN accurately, completely and prior to the regulatory deadline. Works in a fast pace, reviewing 80 to 100 reports per day. Must be able to multi-task, meet deadlines and work under pressure while proactively integrating, strengthening, and monitoring all AML/BSA requirements. Partners and communicates with the Corporate BSA Supervisor(s), BSA Bank Division Staff, and occasionally front-line Tellers and their Supervisors. This individual has a thorough understanding of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business. This role has a basic understanding of the business line’s operations, products/services, systems and associated risks/controls. Are involved with CTR reporting, testing/monitoring, exception/resolution activities, and providing guidance and/or training to division level CTR staff. This is a Corporate position which may be located at an available bank division location across our nine-state footprint in AZ, CO, ID, MT, NV, TX, UT, WA, or WY. The entry-rate for this position is $21.83 + /hour (calculated for Kalispell, MT) All compensation offers are analyzed individually and take into consideration multiple factors including but not limited to geographic location, years of experience, and educational background. WA Applicants ONLY: Spokane, WA range $24.38 to $35.69 an hour. Wenatchee, WA $24.72 to $37.09 an hour. Responsible for daily Audit and Filing of CTR Reports as submitted by all bank divisions to ensure FinCEN/BSA reporting requirements are met. Communicate with division BSA Coordinators and front line division staff as needed to clarify content on the CTR forms. Ensures accurate reporting and demonstrates job ownership for all items completed. Seek guidance from BSA CTR Supervisor as needed with escalated questions. Report Suspicious Activities in adherence with the company’s BSA Suspicious Activity Reporting Procedures when suspicious activity is detected. Provides guidance and/or training to division level CTR staff. Review and submit CTR Exemption documentation for initial exemptions and performs annual reviews on existing exemptions, working with the Division BSA Coordinators. Maintain the CTR Exemption Tracking documentation and spreadsheet. Verify monetary instruments in Vertex daily to ensure all entries are entered correctly with all regulatory required information and review for suspicious activity. Attend training and BSA Team Meetings. Responsible for process improvements, documentation, and acquisition/merger/conversion activities in support of BSA/AML laws and regulations. Participate in all internal and external BSA/AML enterprise-wide audits and examinations, while ensuring no violations of law or repeat findings from previous audits or examinations occur. Must comply with all company policies and procedures and all applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control. Must complete the assigned online training courses and achieve a passing score by due date.

Requirements

High School Diploma / GED
A minimum of 4 years banking experience including but not limited to running teller transactions, customer service, new accounts, operational duties (working with wires, fraud, new account or loan reviews).
A minimum of 1 year of direct BSA department experience.
Thorough understanding of Federal Currency Transaction regulations, specifically federal regulation 1010.310 through 1010.314
Minimum of 2 years experience using CTR related applications, preferably JackHenry systems such as the following: SilverLake Xperience or Browser, Vertex, 4|Sight, and Synergy.
Courtesy and tact are essential elements of the job. Work involves personal contact with customers and others inside and outside the organization, generally regarding fairly routine matters for the purposes of giving and obtaining information or instructions, updating or referring. Communications require shorter and not in-depth discussions most of the time.
Professional verbal and written communication skills.
Able to handle sensitive and confidential information.
Demonstrated effective interpersonal relationships and teamwork.
Keen attention to detail.
Highly self motivated and directed.
Ability to work effectively under pressure and time constraints.
Proficiency in Outlook Word, Excel, Email and Calendaring.
Employee must be capable of interacting calmly and professionally with a variety of people from diverse backgrounds at various levels within and outside of the organization.
Employee must be capable of regular, reliable, and timely attendance.

Nice To Haves

CBAP - Certified Bank Secrecy Act/Anti-Money Laundering Professional.

Responsibilities

Responsible for daily Audit and Filing of CTR Reports as submitted by all bank divisions to ensure FinCEN/BSA reporting requirements are met.
Communicate with division BSA Coordinators and front line division staff as needed to clarify content on the CTR forms.
Ensures accurate reporting and demonstrates job ownership for all items completed.
Seek guidance from BSA CTR Supervisor as needed with escalated questions.
Report Suspicious Activities in adherence with the company’s BSA Suspicious Activity Reporting Procedures when suspicious activity is detected.
Provides guidance and/or training to division level CTR staff.
Review and submit CTR Exemption documentation for initial exemptions and performs annual reviews on existing exemptions, working with the Division BSA Coordinators.
Maintain the CTR Exemption Tracking documentation and spreadsheet.
Verify monetary instruments in Vertex daily to ensure all entries are entered correctly with all regulatory required information and review for suspicious activity.
Attend training and BSA Team Meetings.
Responsible for process improvements, documentation, and acquisition/merger/conversion activities in support of BSA/AML laws and regulations.
Participate in all internal and external BSA/AML enterprise-wide audits and examinations, while ensuring no violations of law or repeat findings from previous audits or examinations occur.
Must comply with all company policies and procedures and all applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.
Must complete the assigned online training courses and achieve a passing score by due date.