CTR Analyst I, II or Senior CTR Analyst

Tri Counties Bank•Chico, CA

10h•$23 - $43•Hybrid

About The Position

The Currency Transaction Reporting (CTR) Analyst is responsible for currency transaction monitoring and reporting to comply with BSA/AML regulations. CTR processing is a high-volume job requiring attention to detail, speed and accuracy. It is the responsibility of the CTR Analyst to assume ownership of all assigned duties and responsibilities, including challenges and meeting all expected/established/required deadlines, that this person encounters in the operation of their assigned position. A Senior CTR Analyst will manage the daily CTR workflow and perform Quality Assurance testing on other CTR Analyst work.

Requirements

Bachelor’s Degree preferred, High school Diploma or GED required.
5-7 years of banking experience. BSA experience related to CTRs is preferable.
Excellent verbal and written communication skills.
Strong analytical skills.
Strong MS Word and Excel skills
Ability to multi-task and work in high volume environment.
Expert knowledge of Bank services and products.
Ability to manage time effectively.
Ability to utilize personal computers and Windows driven programs.
Excellent reading, comprehension and problem solving skills.
3+ years of CTR process experience in a banking environment or 5 years of back office experience in banking.
Advanced problem solving and verbal and communication skills.
Strong written communication skills a must.
Able to remain focused while completing repetitive reports for extended periods of time.
BSA/AML or CAMS certification preferred
5+ years of CTR process experience with 1+ year(s) team lead experience preferred
Expert knowledge of Bank services and products.

Nice To Haves

BSA experience related to CTRs is preferable.
BSA/AML or CAMS certification preferred

Responsibilities

Utilizing the Bank’s AML software to verify and create a CTR submission file each day, ensuring the accuracy of the data in relation to each reportable cash transaction and/or aggregations of cash reportable transactions.
Retrieving reports from other bank systems to compare/review cash transactions against the data produced within the Bank’s AML software, ensuring all reportable cash transactions were captured and/or are reported.
Work with branch personnel if/when necessary to verify/obtain information for completion of a CTR report.
Document errors made by branch personnel in relation to CTR report completion in appropriate system
As needed – provide guidance to front line staff on how to complete a CTR.
As scheduled – conduct review of foreign currency purchases to detect possible CTRs
As scheduled – validate transactions conducted in CTR Exempt customers’ accounts to identify possible CTRs
As scheduled – reconcile CTRs submitted by the branch to CTRs generated by the system and CTRs identified on the POD 430.
As scheduled – multiple and changing CTR preprocessing and post processing tasks to ensure all CTRs were identified and subsequently filed timely and accurately.
Create, review/update job specific procedures to ensure current procedures are documented.
As needed – work in a “team based” environment, with additional department tasks, including compiling information for audits and regulatory examinations.
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.
Independently make risk-based decisions related to what information is reported on individual CTRs based upon regulatory guidance, research, and industry best practices.
Serve as the Subject Matter Expert (SME) for Currency Transaction Report (CTR).
Perform quality control reviews of CTRs completed by other employees.
Creations and Submission of CTR’s Utilizing the Bank’s AML software to verify and create a CTR submission file each day, ensuring the accuracy of the data in relation to each reportable cash transaction and/or aggregations of cash reportable transactions.
Retrieving reports from other bank systems to compare/review cash transactions against the data produced within the Bank’s AML software, ensuring all reportable cash transactions were captured and/or are reported
Work with branch personnel if/when necessary, to verify/obtain information for completion of a CTR report.
CTR's must be submitted by the required deadlines
Independently make risk-based decisions related to what information is reported on individual CTRs based upon regulatory guidance, research, and industry best practices.
Analyze Reports for potential CTR’s 1st Line Review-Primary Conduct review of foreign currency purchases to detect possible CTRs
Validate transactions conducted in CTR Exempt customers’ accounts to identify possible CTRs
Reconcile CTRs submitted by the branch to CTRs generated by the system and CTRs identified on the POD 430.
Provides training to branches specific to the completion of a Tel-55
Provides CTR training to CTR Analysts
Serves as a Subject Matter Expert (SME) for Currency Transactions Report (CTR) for branch teams.
Creates job aids and submits them to next level management for review
May participate in the gathering of records for audits or exams.
Ability to teach other to accurately perform duties, and cross training other areas of CTR’s
Maintains a current understanding of Bank policies and procedures in compliance with all federal and state laws, including but not limited to Bank Secrecy Act (SARs, CIP, OFAC), Information Security (GLBA), Identity Theft Red Flags, Financial Elder Abuse Reporting, and any other applicable regulations that may be specific to your job duties.
May include other miscellaneous duties as assigned by the BSA Department Management.
Maintains a current understanding of stated procedures and policies, including regulatory compliance issues.