PB&T Bank · 3 weeks ago
BSA AML Specialist
Pueblo, CO
Full-time
Onsite
Entry Level
$24/hr - $26.45/hr
2+ years expPB&T Bank is a full-service bank that has been operating since 1889, focusing on providing exceptional customer service and banking solutions. The BSA AML Specialist is responsible for investigating fraudulent activities and ensuring compliance with the Bank Secrecy Act and anti-money laundering regulations.
BankingFinancial ServicesWealth Management
No H1B
Responsibilities
Analyzes and identifies possible money laundering activity reported by bank personnel and indicated by cash transactions according to the provisions of the anti-money laundering legislation
Investigates fraud incidents connected with customers and merchants or other issues where the company could be exposed to fraud, theft or loss
Investigates suspicious transactions and files accurate government Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs) as required by law
Assist in making updates and revisions of policies for approval by the Board of Directors and internal procedures to ensure compliance
Cooperate and respond timely to requests and for reporting to government agencies, regulators, courts and attorneys
Reports and submits remittance to various agencies
Provides all reports and information in a timely and accurate manner
Assists with compliance with banking regulations to develop and modify procedures for carrying out the requirements of the Bank Secrecy Act
Attends training sessions as required to keep current with regulation changes and bank policies
Provide timely feedback regarding service and/or product failures or regulatory matters
Review legal documents and associated items to ensure all compliance requirements are met
Regular predictable absences
Comply with requirements of Signature Banking
Qualification
Required
Successful completion of High School Diploma or G.E.D. certificate
2-3 years of banking experience
Knowledge of Bank Secrecy Act, U.S. Patriot Act, and related regulatory requirements concerning anti-money laundering and Know Your Customer regulations
Knowledge of principles of banking
Knowledge of bank compliance
Knowledge of retail service operations
Proficient in the use of Microsoft Office software: MS Word, Excel, Outlook, etc
Ability to communicate effectively, both orally and in writing with customers, co-workers and vendors
Effective organizational skills
Ability to build strong working relationships, internal and external to the organization
Accuracy
Provide a high level of interpersonal skills with employees, customers and vendors
Time management and attention to detail
Prioritizing and meeting critical deadlines
Ability to read and interpret legal documents, write routine reports and correspondence
Put together pieces of information from a variety of sources to determine if a fraudulent act has been committed
Reasoning and Problem solving
Interact in a professional and courteous manner with internal and external customers
Benefits
Comprehensive health, dental, vision, and life insurance
401(k) retirement plan with bank contributions
Paid vacation, sick time, and birthday off
Employee assistance and referral incentive programs
Company
PB&T Bank
PB&T Bank is a commercial banking company providing reliable financial services to individuals and businesses.
51-200 employees
Funding
Current Stage
Growth StageTotal Funding
$2M2013-10-04Series Unknown· $2M
Leadership Team
William Baustien
Vice President, ISO Sales
Company data provided by crunchbase