CTR Specialist

METRO BANK•Pell City, AL

2d•Onsite

About The Position

The Currency Transaction Report Specialist is responsible for the daily administration and monitoring of Currency Transaction Reporting (CTR) requirements to support compliance with the Bank Secrecy Act, Anti-Money Laundering regulations, and internal bank policies and procedures. The role reviews cash transactions for reportability, prepares and electronically files CTRs accurately and on time, researches exceptions, and works with branch personnel to obtain supporting documentation and resolve discrepancies. The position also maintains records and supports regulatory examinations, audits, quality control reviews, and the Bank’s broader BSA/AML compliance program.

Requirements

Experience and/or education in banking, compliance, finance, accounting, or a related field.
Strong attention to detail and ability to accurately and efficiently review and analyze large volumes of transaction data.
Ability to recognize unusual cash activity and identify potential reporting exceptions.
Excellent organizational, communication, and time-management skills.
Ability to work independently and prioritize multiple tasks.
Strong analytical and problem-solving abilities.
Ability to maintain confidentiality and exercise sound judgment.
Proficiency with Microsoft Office applications, including Excel, Word, and Outlook, and other bank software systems.

Nice To Haves

General knowledge of Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and Office of Foreign Assets Control (OFAC) requirements.

Responsibilities

Review daily cash transaction reports to identify transactions requiring CTR filing.
Prepare, validate, and electronically file CTRs within regulatory timeframes.
Review transactions for accuracy, completeness, structuring indicators, and potential reporting exceptions.
Research customer transactions and obtain supporting documentation as needed.
Communicate with branch personnel about CTR requirements, missing information, and reporting corrections.
Maintain CTR logs, supporting documentation, and audit trails.
Monitor filing deadlines and ensure reporting requirements are completed on time.
Assist with exempt person reviews and maintenance of related documentation.
Escalate suspicious or unusual activity to the BSA Officer for further review.
Assist with responses to regulator, auditor, and examiner requests related to CTR reporting.
Participate in BSA/AML compliance training and continuing education.
Assist with quality control reviews and internal monitoring processes.
Recommend process improvements to improve reporting accuracy and efficiency.
Perform additional BSA/AML compliance duties as assigned.