Financial Crimes Specialist

SmartBank Careers • Knoxville, TN

5d

About The Position

Looking to join a Great Place to Work Employer and become a valued member of our growing team? At SmartBank, we're not just offering a job; we're inviting you to be a part of a culture built on excellence.The Financial Crimes Specialist supports the Financial Crimes Division in the administration and execution of the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT), and related compliance programs. This role provides backup to the Financial Crimes Investigator. The Financial Crimes Specialist will learn all core financial crimes functions, contribute to daily monitoring, and help ensure the bank’s compliance with regulatory requirements.

Requirements

• Bachelor's Degree preferred.
• Minimum 3 experience in banking, compliance, law enforcement, or a related business environment.
• Annual BSA/AML/CFT and Fraud training required.
• Knowledgeable of BSA/AML, OFAC, Fraud and regulatory compliance.
• Exceptional verbal, written and interpersonal communication skills with emphasis on ability to express complex and nuanced ideas and concepts clearly and logically.
• Demonstrates a strong sense of ethics and confidentiality.
• Strong analytical, investigative, decision making, and reporting skills.
• Intermediate skills in computer terminal and personal computer operation; Microsoft Office applications including but not limited to: Word, Excel, PowerPoint, and Outlook.
• Effective organizational and time management skills including the ability to organize and prioritize work schedules on a short-term and long-term basis and in accordance with stated priorities.
• Ability to provide consultation and expert advice to management.
• Ability to make informal and formal presentations, inside and outside the organization.
• Ability to work with little to no supervision while performing duties.
• Able to routinely stand, sit, bend and stoop.
• Frequently and regularly required movements using wrists, hands, and/or fingers.
• Average, ordinary, visual acuity necessary to prepare/inspect documents or products and operate machinery.
• Ability to hear average normal conversations and receive ordinary information.
• May be required to travel to various branch locations.
• May be required to travel to training sessions.

Responsibilities

• Uphold SmartBank Core Values and Core Purpose.
• Adhere to and embrace the SmartBank Way of Acting Smart, Looking Smart, and Being Smart.
• Assist with daily monitoring of transactions, internal referrals, and system alerts to identify suspicious activity and potential fraud.
• Support the investigation, completion, and review of Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs).
• Conducts Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), and high-risk client reviews.
• Perform OFAC screening and support ongoing monitoring of specific client types (e.g., private ATMs, cannabis-related businesses, money service businesses).
• Assist in law enforcement and regulatory requests, including 314(a) and 314(b) inquiries.
• Maintain accurate records of BSA/AML filings and support documentation.
• Assist with the administration of BSA/AML risk assessments and annual program reviews.
• Participate in audits, regulatory exams, and special projects as assigned.
• Assist with training and guidance to associates on BSA/AML/OFAC compliance topics.
• Serve as a backup for the Financial Crimes Investigator and support the division’s operational continuity.
• Assist in setting up and maintaining the Dark Web monitoring system
• Follows all laws, regulations, policies, procedures including but not limited to those governing money laundering, information security, consumer protection, and UDAAP.
• Participates in and assists with development and/or delivery of required training in conjunction with Learning & Development.

Benefits

• Medical, dental, vision, life, and disability insurance.
• A 401(k) plan with an employer match of up to 4%.
• Generous paid time off (PTO), including a minimum of 3 weeks.
• SmartFlex Days.
• Up to 11 Paid Company Holidays.
• Mental health benefits, include 8 free sessions with a coach or certified professional.
• Paid community involvement opportunities.
• Company-provided apparel at no cost.
• Learning and development opportunities, including professional and career development and tuition reimbursement

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level