BSA/AML Specialist - Currency Transaction Report (CTR)

***This position location is flexible to work at be located at our Corporate Headquarters office in Ithaca, NY, or Batavia, NY, Brewster, NY or Wyomissing, PA. Selected candidate must be able to work in the office two (2) days a week.***

The BSA/AML Specialist– CTR is responsible for ensuring compliance with the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) regulations by monitoring, analyzing, and reporting Currency Transaction Report (CTR) alerts and transactions. The analyst will play a key role in safeguarding the organization against financial crimes and regulatory risks by reviewing large cash transactions, identifying patterns, and escalating concerns as appropriate.

• Prepare and submit accurate and timely CTR filings in compliance with FinCEN guidelines.
• Assist teammates in dual control review of CTR filings.
• Review system generated reports regarding customer accounts to determine suspicious activity; perform appropriate account research through review and monitoring and recommend the filing of Suspicious Activity Reports (SARs) as appropriate, subject to further quality assurance reviews.
• Identify and monitor customers and accounts that represent an increased risk for money laundering activity, including those utilizing high-risk products and services.
• Establish and develop effective working relationships with department and all Tompkins employees to develop and implement BSA/AML monitoring procedures.
• Review system generated reports to identify transactions requiring Currency Transaction Report (CTR) completion, including initial report preparation.
• Review new account activity to ensure the Customer Identification Program (CIP) and Customer Due Diligence (CDD) elements are retained.
• Review potential OFAC and 314(a) matches and determine validity, ensuring appropriate documentation is retained for determinations made.
• Ensure appropriate recordkeeping practices for monetary instrument sales transactions.
• Seek out resources and growth opportunities to obtain additional knowledge of BSA/AML/OFAC practices and share with fellow team members as appropriate.
• Conduct thorough analysis of transactions flagged for potential structuring, layering, or other suspicious activities related to CTR thresholds.
• Investigate high-risk activities or anomalies in cash transaction patterns and escalate findings to the investigation team.
• Collaborate with branch staff to obtain additional information when needed for CTR or AML investigations.
• Maintain current knowledge of BSA, AML, OFAC, and FinCEN regulations as they pertain to CTR reporting and large cash transaction monitoring.
• Assist with regulatory exams, audits, and internal reviews focused on BSA/AML and CTR compliance.
• Ensure policies and procedures align with regulatory requirements and industry best practices.
• Maintain accurate and complete documentation of CTR reviews, investigations, and decisions.
• Compile periodic reports on CTR trends and issues for management review.
• Prepare escalation reports for transactions or trends that may require Suspicious Activity Reports (SARs).
• Provide guidance and training to employees on BSA/AML and CTR requirements, including recognizing structuring behaviors.
• Support the Assistant BSA/AML Officer in developing and enhancing CTR-related processes and tools.
• All other duties as assigned.

• Associate’s degree required. Bachelor’s degree in finance, accounting, business administration or a related field is preferred.
• Certified Anti-Money Laundering Specialist (CAMS) or Certified Financial Crime Specialist (CFCS) preferred.
• A minimum of 2-4 years’ experience in a BSA/AML compliance role.
• Strong written and verbal communication skills for reporting and collaborating with other departments.
• Proven ability to analyze information and formulate conclusions.
• Understand the confidentiality of the work environment and respond accordingly to protect and preserve sensitive information.
• Proficient use of technology and software applications, including the Microsoft Office applications.
• Experience working with automated systems to detect and report suspicious activities is preferred

• Medical
• Dental
• Vision
• 401(k) Match
• Profit Sharing
• Paid Time Off
• 11 Holidays
• Tuition Reimbursement
• Free Parking throughout Tompkins Community Bank
• Employee Referrals

Tompkins is committed to a policy of Equal Employment Opportunity ("EEO") with respect to all team members and applicants for employment and a work environment free from discrimination (including unlawful harassment) based on race, color, religion, sex, sexual orientation, transgender status, gender non-conformity, gender identity, gender expression, national origin, age, marital status, domestic violence victim status, disability, predisposing genetic characteristics, military or veteran status or status in any group protected by federal, state, or local law.

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