Financial Crimes Specialist

Stock Yards Bank & Trust • Louisville, KY

1d • Onsite

About The Position

As a Financial Crimes Specialist, you will perform various tasks to ensure AML/CFT and OFAC recordkeeping requirements are met. This role supports the mission, vision, and philosophy of the Bank and complies with all organizational policies and procedures, as well as supports all functions that maintain compliance with regulatory agencies.

Requirements

• High School diploma or GED equivalent
• Minimum of 1 year recent experience in related field or work experience in financial services industry
• High degree of accuracy and attention to detail
• Ability to function in a multi-task environment
• Capability to communicate and collaborate with all levels of management and employees
• Strong planning and organizational skills; must demonstrate good analytical and problem-solving skills in an ever changing environment
• Strong PC skills (Excel and Word)
• Ability to define problems and propose solutions
• Ability to work independently with limited direction from supervisor
• Ability to maintain a high level of confidentiality
• Ability to think, remember, learn new information, and apply cognitive data to job functions

Responsibilities

• Responsible for the review of currency transactions for the purpose of Currency Transaction Report (CTR) filing
• Assist front-line employees to ensure the accuracy of CTR filings
• Completes all CTRs within the required timeframes, ensuring reports are completed in time to be reviewed in advance of filing deadlines
• Completes designation of exempt persons reports and associated reviews on an ongoing basis
• Review account opening documents to confirm compliance with Beneficial Ownership, Customer Due Diligence (CDD) and USA Patriot Act requirements
• Ensure that OFAC and 314a lists are being processed and investigated in a timely manner
• Review of OFAC matches in AML/CFT, and payment systems
• Monetary instrument tracking and maintenance of monetary instrument log
• Initiate enhanced due diligence procedures as needed, including the proper review and labeling of high-risk customers, accounts, and product types
• Maintains all client, system, investigation, and departmental information in a confidential and compliant manner
• Conduct other reviews and administrative tasks as required
• Complete training courses to maintain competency in AML/CFT and banking compliance

Benefits

• 401(K) with a company match of up to 6%
• ESOP employer match
• Medical insurance
• Dental insurance
• Vision insurance
• Cancer/Disease insurance
• Accident insurance
• Flexible Spending Accounts
• Flexible Savings Accounts
• Health Savings Accounts
• Bank paid Life/AD&D insurance
• Voluntary Life/AD&D insurance
• Bank paid Short-Term and Long-Term Disability insurance
• Employee Stock Purchase Plan
• Employee Assistance Program

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED