BSA/Compliance Specialist - Miles City, MT

  • Stockman Bank
  • Jul 09, 2021
Full time Banking Legal

Job Description

Individual Abilities/Responsibilities:

Contribute innovative ideas/opinions in a clear and professional manner

Possess strong analytical, and accurate problem solving skills

Maintain confidential information with efficiency

Have great interpersonal/team skills with ability to develop effective working relationships

Must have previous computer experience:

Preferred working knowledge of Microsoft Outlook, Word, Excel and/or other similar software.

High School diploma or equivalency.

Preferred:

Preferred 2+ years previous banking experience

Preferred previous experience with Bank Secrecy Act and/or bank compliance

Position Description:

The individual fulfilling this position will support the AVP - BSA/AML/OFAC Officer in managing Stockman Bank’s compliance with applicable laws, rules and regulations pertaining to the Bank Secrecy Act, Patriot Act, and OFAC.  This position will support the AVP – Compliance Fair Lending Officer in monitoring Stockman Bank’s compliance with regulatory requirements in areas such as deposit accounts, loans, and marketing to assist in evaluating the level of conformity with regulation and internal bank policies.  

BSA/OFAC/Patriot Act Functions:

Review suspect Currency Transaction Reports (CTRs) and complete CTRs as necessary using information provided by branches and management information systems.  Follow-up with branches when information is missing or incomplete.

Collect and maintain records for cash sales of monetary instruments and other required BSA monitoring items.

Provide support and assistance documenting appropriate Phase I and Phase II CTR exemptions and monitoring exempt customers.

Perform 314a searches.

Review suspect OFAC matches and otherwise assist with OFAC compliance.

Assist in monitoring high risk accounts and other transaction activity to identify potential suspicious activity.

Assist as requested in preparation and distribution of training and/or other materials for branches pertaining to BSA/Patriot Act/OFAC compliance.

Other Regulatory Compliance Functions:

Assist with complaint processing.

Assist in the review of bank marketing material.

Assist with compliance monitoring reviews designed to evaluate compliance with consumer regulation and internal bank policies.

Complete other tasks as assigned.

Public Relations:

Support the business objectives of Stockman Bank by providing quality customer service, and through the promotion of products, professionalism in conduct and diligent work ethic.

Effectively handle questions and problems.

Federal Regulations:

Learn and develop a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act and consumer protections regulations applicable to this job description.

Company Functions and Expectations

Our people, philosophy and the way we do business have positioned Stockman Bank as Montana’s premier financial center for business leaders, agriculture operators, commercial developers and real estate owners.  Our offices are locally managed and community-oriented, allowing us to best serve our customers. Our workforce is well trained and competent and our work environment encourages productivity, personal growth and job satisfaction.

Technical Knowledge

Has the technical knowledge and analytical skills to fulfill job duties in a positive manner.  Keeps abreast of new and changing developments in industry/field especially as it pertains to the individual’s position.   Has the ability to analyze situation and react accordingly.

Communication

Expresses information/thoughts clearly and concisely in both written and verbal form. Keeps communication channels open with subordinates and supervisors.  Responds promptly to calls or inquiries in a courteous and professional manner. Communication is effective and efficient.

Organization/Planning

Establishes priorities, sets goals and meets deadlines in an accurate and efficient manner.  Organizes overall workflow and working area. Quickly identifies problems, makes timely decisions and notifies affected personnel.  Plans effectively to ensure timely completion of duties.

Team Work/Professionalism

Is willing to assist others to ensure deadlines are met.  Provides assistance to less experienced personnel when needed.   Informs appropriate personnel of significant issues in a timely manner.  Works well in group environment and with supervisor.  Models professionalism by addressing others with appropriate actions and appearance within professional boundaries.

Customer Service Culture

Employees will strive for outstanding, professional and courteous service to our customers and anyone who visits our facility.

Physical and Mental Demands (The 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.)

Occasionally  = 0-33% of shift                   Frequently  = 34-66% of shift           Constantly  = 67-100% of shift

Constantly required to lift and/or move up to 10 lbs.  Constantly required to hear, talk, write, read, keyboard/computer entry, use hands to finger, handle or feel objects.  

Constant abilities used/required on the job are mathematics, memory, reasoning, estimating, problem-solving and exercising judgment.  

Constantly works with time constraints and exercises flexibility (the ability to shift from one task to another), performs routine work and must also maintain attentiveness duration and intensity.

Frequently required to stand and walk, as well as reach with hands and arms.  Frequently required to lift and/or move up to 25 lbs.  Frequently have guidance and support available from co-workers.  Frequently involved in social interactions which constantly require oral communications and constantly require written communication.

Occasionally the employee is required to climb (up ladders, etc.) and balance (to reach items).   Occasionally the employee has reinforcements available.

Infrequently requested to drive a car.  Infrequently required to lift and/or move up to 50 lbs.

Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and the ability to adjust focus.

Work Environment (The work environment characteristics described here are representative of those an employee will encounter while performing the essential functions of this job.   Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.)

Constantly works with others, around others, with co-workers in other departments or branches and with customers and the general public in person and via telephone.  Constantly works indoors, in confined areas and is exposed to the risk of electrical shock.  

Frequently works around noise (moderate level).  The employee must have the ability to focus on tasks and customers while hearing machines, conversations of others, music, phones etc., in a confined area.

Occasionally the employee works in confined areas.  

Infrequently the employee works alone and works extended hours.  The employee is also infrequently exposed to outdoor weather conditions.