Financial Crimes Specialist - I

Description County National Bank (CNB) is an independent, locally-owned, community bank that is successful and growing whose mission is to "sustain its deep commitment to the community and its traditions of excellence in all aspects of banking, and provide outstanding client service and solid financial We invite you to share in our mission and vision as a community banker, making a difference in your community while experiencing excellent benefits and career opportunities. CNB is looking for a qualified, motivated, and client- and team-focused individual to join our team as a Financial Crimes Specialist. This position has the ability to work from any CNB office location. Training will take place in Hillsdale, along with occasional departmental meetings, etc.

JOB SUMMARY

Performs a variety of duties to assist in the implementation and administration of the Bank's compliance programs to ensure adherence to the Bank Secrecy Act (BSA), Office of Foreign Assets Control (OFAC), USA PATRIOT Act, and other anti-money laundering rules and regulations. Responsible for reviewing transactional data to prevent, detect, and report suspected money laundering and terrorist financing activities. Performs fraud prevention, detection and investigation activities, including evaluation of alerts, establishing cases, and taking appropriate action when fraud is detected to mitigate loss to the Bank and/or the customer. Independently performs moderately complex to complex work assignments and provides problem resolution. DUTIES Investigates various fraud and/or BSA/AML alerts as assigned, escalates to cases when necessary, and reports any suspicious activity to supervisor. Prepares, reviews, and/or files Currency Transaction Reports (CTRs), Monetary Instrument Logs (MILs), and Suspicious Activity Reports (SARs) accurately and ensures timely submission, when applicable, within the regulatory time frames established. Conducts enhanced due diligence reviews of CTR exempt customers, high risk clients, and new clients as required and reports any suspicious activity to supervisor. Monitors staff compliance with client identification, customer due diligence, beneficial ownership, and OFAC requirements. Assists with reviews for potential OFAC matches through the Bank's various OFAC systems. Assists in 314(a) record searches and documentation of any findings. Assists in collecting documentation for examiners, auditors, law enforcement and governmental agencies regarding SARs, CTRs, and BSA/AML monitoring records. Maintains and protects confidentiality of customer information. Maintains regular, on-time attendance. Remains current in assigned training and continuing education (online training courses, webinars, seminars, conferences, etc.) Complies with all regulatory requirements including Bank Secrecy Act and all others specific to their position. Performs other duties as assigned. Requirements SKILLS To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. High school diploma or equivalent. Previous bank experience is preferred. Passion for providing a stellar customer service experience to all clients (external and internal) and ability to instill this passion in others. Excellent interpersonal skills (tactfulness, cooperation, courteousness and client friendliness) are necessary to represent the bank in a positive manner. Positive and cooperative approach when working with others. Excellent written communication skills with demonstrated ability to write clearly, concisely and effectively, with attention to detail for visually appealing output and accurately proofreading publications. Excellent verbal communication skills with the demonstrated ability to effectively present information to co-workers, clients and management. Strong administrative skills with effectiveness in developing tasks and managing resources to achieve targets/goals. Ability to maintain confidentiality and handle sensitive information. Knowledge of basic accounting procedures. Ability to efficiently and accurately keyboard information, both computer and calculator. Strong computer skills with a proficiency in MS Word, Excel and Outlook.

WORKING CONDITIONS

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the work environment will include: Works in a normal office environment.

PHYSICAL REQUIREMENTS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to: Communicate effectively, both verbally and in writing. Keyboard information (computer and calculator).