Job Description

Full job description

Description:

Who We Are

Five Star Bank is a high performing $3.8 Billion community business bank operating through 8 offices - 4 in the Capital Region, 3 in the North Valley, and a new office in San Francisco. With an emphasis on commercial real estate and small business we partner with organizations to help them be successful by providing highly customized banking solutions. Organizations bank with us because of our entrepreneurial and empathetic spirit, speed to serve and deep connection to our market. And they trust us.

Position Overview

Under the direction of the Assistant AML Officer, the incumbent will assist with regulatory compliance programs related to Bank Secrecy Act, OFAC, PATRIOT ACT and other anti-money laundering regulations. Time, materials, and training will be provided to facilitate sufficient knowledge of the Anti-Money Laundering regulations and their application to the Bank’s products and services.

Essential Job Functions

• Reviews daily cash logs and CTRs for accuracy and completeness. Ensures timely CTR filing with FinCEN
• Reviews various transactions to ensure the bank remains compliant with OFAC requirements
• Performs AML 314(a) scrubs and reports the results to the Assistant AML Officer
• Reviews completed new account documentation for compliance with AML and CIP requirements
• Tracks findings on New account documentation, presents them to management and ensures they are corrected in a timely manner
• Supports the detection of suspicious activity and escalates to Assistant AML Officer
• Supports the Assistant AML Officer’s coordination of Legal Process Program
• With time and development:
• Revises existing, or develops new forms to assist staff with internal AML reporting
• Assist with data validation by ensuring that all transactions are uploaded correctly to the Bank’s AML Software
• Assists with the preparation and filing of Suspicious Activity Referrals (SARs)
• Assist with preparation of Due Diligence review materials and review of relationships subject to Due Diligence reviews.
• Attends training as assigned by the AML Officer and/or CRO, including webinars, seminars and/or schools (may require travel to off-site locations)
• Reads, and demonstrates understanding of, regulations, internal training materials and policies
• Assists with special projects as needed
• Attends training as assigned by the AML Officer and/or CRO, including webinars, seminars and/or schools (may require travel to off-site locations)
• Reads, and demonstrates understanding of, regulations, internal training materials and policies
• Assists with special projects as needed

• Associate degree required

Preferred Education and Experience

• Bachelor's degree preferred
• Experience with a financial institution
• Experience with Patriot Officer software
• Experience with Silverlake 20/20 software

Required Competencies

• Professionalism in dealing with others
• Strong organizational, problem-solving, time management and analytical skills
• Good verbal, written, and presentation skills
• Versatility, flexibility, and a willingness to work within constantly changing priorities
• Discretion when handling confidential and/or sensitive information
• Commitment to excellence and high standards
• Ability to handle multiple projects simultaneously and still meet deadlines
• Ability to work independently and as a member of various teams and committees
• Proficient with computers including use of Word, Excel, Outlook, and Internet Explorer; and the ability to learn and operate numerous software applications related to the function

Position Type/Expected Hours of Work

This is a full-time position that regularly requires 40 hours per week.

Travel

Travel is primarily local during the business day, although some out-of-the-area and overnight travel may be expected.

Physical Demands

While performing the duties of this position, the employee is in regular communication, is required to use various tools or objects, and have the mobility to move about the office. The employee occasionally lifts and/or moves objects up to 25 pounds. Specific vision abilities required by this position include close vision, distance vision, and the ability to adjust focus.

Other Duties

The purpose of the job description is to outline the duties and responsibilities for which the position is held accountable. The job description does not restrict the right of management to change, alter or reassign duties at any time with or without notice.

EEO Statement

Five Star Bank is an Equal Employment Opportunity (EEO) employer and is committed to creating and maintaining a work environment that is free from all forms of discrimination and harassment. The Five Star Bank EEO policy prohibits harassment or discrimination due to age, ancestry, color, disability, gender, gender expression, gender identity, genetic information, marital status, medical condition, military or veteran status, national origin, race, religious creed, sex (including pregnancy, childbirth, breastfeeding, and any related medical conditions), sexual orientation, and any other classification protected by federal, state, or local laws, regulations, or ordinances. It also prohibits retaliation for engaging in protected activity, such as filing a discrimination or harassment complaint or participating in an EEO investigation. This policy shall apply to all employment actions, including but not limited to recruitment, hiring, upgrading, promotion, transfer, demotion, layoff, recall, termination, rates of pay or other forms of compensation and selection for training, including apprenticeship, at all levels of employment.

If you are a qualified individual with a disability or a disabled veteran and are unable or limited in your ability to access our website, you can request reasonable accommodation by sending an email to [email protected]

NOTE: Five Star Bank personnel are employed on an at-will basis. All employment is at-will and can be terminated with or without cause, at any time, by the Employee or by Five Star Bank for any reason or no reason whatsoever, with or without notice.

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