Fin Intelligence Group Coordinator

S&T Bank•Hilliard, OH

5d•Onsite

About The Position

Primarily supports the Financial Intelligence Group Officer (FIGO) and AML/CFT Officer in ensuring S&T Bancorp, Inc. complies with federal and state laws, rules, and regulations related to the Bank Secrecy Act (BSA), Anti-Money Laundering (AML) rules, USA PATRIOT Act, Anti-Money Laundering Act of 2020, and Office of Foreign Assets Control (OFAC). The role helps protect S&T from legal and compliance, reputation, and transaction risks. It supervises a designated Financial Intelligence Group (FIG) team and maintains and uses S&T’s automated financial crime monitoring system. The position also oversees manual controls related to fraud and anti-money laundering (FRAML), performs information and data analysis, maintains records, and carries out government reporting functions. The coordinator assists the FIGO and AML/CFT Officer with integrating business-unit and corporate procedures to prevent, detect, and mitigate fraud, money laundering, terrorist financing, and other financial-crime risks. The role performs investigative and transaction-monitoring work across the full lifecycle of detecting unusual and suspicious activity, ongoing monitoring, and preparing federal reports concerning suspicious activity, including money laundering, structuring, terrorist financing, identity theft, and bank fraud. The position maintains knowledge of applicable laws, regulations, policies, procedures, and emerging financial-crime methodologies. It assists with risk assessments, monitoring programs, control assessments, corrective actions, examinations, and audits; communicates regulatory and procedural requirements to employees; and maintains the Verafin financial-crime software system. Depending on the assigned team, the coordinator may administer BSA and customer identification programs, high-risk customer due diligence programs, or fraud monitoring and investigations. The role supervises designated FIG team members and trains FIG staff and other business units as requested. The position requires a four-year college degree or equivalent experience, specialized education in relevant BSA/AML, USAPA, OFAC, fraud, suspicious-activity, and federal-crime matters, and an applicable BSA/AML and/or fraud certification. It requires more than ten years of general business experience, including five to ten years of specialized experience administering a bank program to comply with applicable federal laws and regulations. Experience with automated account-monitoring software is preferred. The listed work locations are 800 Philadelphia Street, Indiana, PA; 100 Corporate Center Drive, Suite 200, Camp Hill, PA; 4599 Cemetery Road, Hilliard, OH; 358 N Shore Dr, Pittsburgh, PA; or 2 North Church Street, West Chester, PA. The schedule is Monday through Friday, 8:00 a.m. to 5:00 p.m., with additional hours as necessary to meet department objectives. Salary range: $55,000 to $156,450.

Requirements

Four-year college degree or equivalent experience.
Comprehensive specialized education on federal laws, regulations, and policies related to BSA/AML rules, USAPA, OFAC, fraud, suspicious activity, and federal crimes.
Certification covering BSA/AML and/or fraud from an appropriate industry service organization.
More than ten years of general business experience.
Five to ten years of specialized experience administering a bank program for compliance with federal laws, regulations, and policies related to the Bank Secrecy Act, Anti-Money Laundering rules, USA PATRIOT Act, and Office of Foreign Assets Control.
Obtain and maintain the Certified Anti-Money Laundering Specialist designation, including ACAMS membership.
Ability to perform the role’s stated physical tasks, including keypad and electronic-equipment operation, prolonged sitting, walking, manual dexterity for typing and data entry, occasional lifting or moving of up to 20 pounds, and close-vision computer work.

Nice To Haves

Experience with automated account-monitoring software.

Responsibilities

Maintain and apply knowledge of relevant laws, regulations, policies, procedures, and current money laundering, terrorist financing, and other financial-crime methodologies and trends.
Assist the AML/CFT Officer and FIGO with identifying, quantifying, and assessing risk based on S&T’s operations, products, services, and delivery systems.
Assist the FIGO with periodic BSA/AML/OFAC risk assessments and maintaining documented policies and procedures.
Work with compliance liaisons to incorporate BSA/AML compliance requirements and monitoring controls into business processes.
Communicate regulatory requirements and program changes to employees and support compliance with the BSA/AML Compliance Program.
Analyze BSA/AML compliance issues and transactions, escalating identified issues to the AML/CFT Officer, FIGO, and other appropriate management.
Assist with developing and executing monitoring programs and control assessments to identify and mitigate risk.
Help communicate and ensure corrective actions for identified procedural or training weaknesses.
Assist regulatory examiners and auditors during examinations and audits as requested by department management.
Maintain the Verafin financial-crime software system and use its automated monitoring tools to identify suspicious activity and fraud.
Identify emerging BSA/AML/OFAC, AML/CFT, and fraud trends and develop rules for identifying suspicious-activity red flags.
Supervise assigned or designated FIG team members covering S&T’s market areas.
For the BSA Team, maintain Customer Identification Program (CIP) and Customer Due Diligence (CDD) programs; manage BSA Team functions in Verafin’s BSA module; and train staff and business units on BSA-related topics such as CTRs, CIP, CDD, and beneficial ownership.
For the High-Risk Customer (HRC) Team, maintain CDD and Enhanced Due Diligence (EDD) programs, including monitoring high- and moderate-risk accounts and transactions; manage HRC functions in Verafin’s HRC module; support risk identification; and train staff and business units on high-risk customers, accounts, products, and services.
For the Fraud Team, help ensure a corporate-wide FRAML process with appropriate first- and second-line controls; support detection, reporting, and recovery of significant funds; coordinate with the Security Department on security and information incidents; manage Fraud Team functions in Verafin’s Fraud module; investigate and analyze assigned suspicious activity; prepare Suspicious Activity Reports in accordance with policy and regulations; and train staff and business units on suspicious-activity and fraud issues.
Obtain and maintain the Certified Anti-Money Laundering Specialist designation, including membership in the Association of Certified Anti-Money Laundering Specialists.
Perform additional duties as required.