What are the responsibilities and job description for the BSA Investigator position at CNB Bank & Trust NA?
- Performs daily review, monitoring, and analysis of various system generated scenarios, reports, logs, and transaction data to identify trends, unusual activity, and monitor activity; determines if transactions are suspicious in nature and detects financial crime red flags.
- Completes reviews of newly onboarded accounts for completeness or as part of the investigative/suspicious activity monitoring or Enhanced Due Diligence (EDD) processes.
- Analyzes transactional activity and customer records, including bank statements, transactions, images and conduct necessary research to create cases in the Bank’s AML/CFT system and completes case investigation documentation to make determination if suspicious activity was detected and submits recommendation to file Suspicious Activity Report (SAR) or clear alerted activity for approval.
- Completes SAR forms and narrative for review and approval prior to meet the bank’s suspicious monitoring and reporting requirements.
- May perform Enhanced Due Diligence Reviews on customer’s identified to pose higher risk per the Bank’s defined customer risk rating methodology and may conduct reviews of other industries posing elevated risk such as Private ATM Owners and Operators according to the designated review schedules. This includes, but is not limited to: assessing products and services, account activity analysis, ensuring appropriate and current information and documentation is provided by customers requiring additional due diligence.
- May serve as back-up for data validation, CTR, OFAC potential hit adjudication, and 314(a) processes.
- Assist with gathering information to prepare for internal or external audits or exams as requested.
- Assist with gathering reporting information or testing related to implementation of new systems as requested.
- Responsible for cross-training and development of new employees.
- Maintain a solid working knowledge (functional and operational) of the rules and regulations, including but not limited to BSA, USA PATRIOT Act, and OFAC and comply with the Bank’s AML/CFT Policy and Program Requirements along with other related policies and procedures.
ABILITIES REQUIRED:
- Detail oriented and well-organized; able to work independently without constant monitoring
- Good computer skills, including working knowledge of Microsoft Word and Excel
- Able to work in a quiet environment with no external customers
- A team player, willing to help wherever needed and do more than is asked
- High School diploma or GED plus additional coursework or college classes; or two to three years of related experience and/or training; or equivalent combination of education and experience.
WORK SCHEDULE (subject to change):
This full-time position will be scheduled for approximately 40 hours per week, Monday through Friday.
Full time opportunities include the following benefits:
Medical, Dental, Vision insurance, Paid holidays, Paid Time Off, Eligible to participate in 401(k) plan
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)
