AML Customer Risk Senior Representative

Founded in 1963, FirstBank maintains more than $20 billion in assets and operates over 100 branch locations across Colorado, Arizona and California. Its growth can be attributed to one simple philosophy: do right by customers, communities and employees, which is at the center of the company's "banking for good" mantra. FirstBank believes that diversity, equity, and inclusion are part of everything we do, both within and outside our company, and prides itself in hiring and training a diverse and talented group. We strive to not only maintain a diverse workforce, but also ensure our employee experience garners a sense of belonging, is inclusive and equitable. FirstBank believes that a company is nothing without the people that comprise it, and prides itself in hiring and training a diverse and talented group. By joining the FirstBank team you will experience its great team culture with ample opportunity for growth. There's an opportunity for everyone with positions all across the company, from Teller and Call Center to Technology and Lending. Apply today to learn more and join the team!
A Brief Overview
Anti-Money Laundering (AML) is an area within the bank focused on compliance with federal regulations relating to the Bank Secrecy Act, including requirements of the Office of Foreign Assets Control (OFAC) and the Financial Crimes Enforcement Network (FinCEN). A Senior Representative, AML Customer Risk Representative is responsible for producing, reviewing, and filing Currency Transaction Reports as well as performing Enhanced Due Diligence (EDD) reviews of high-risk customers. The Sr Rep also reviews and researches flagged accounts to determine if the case should be forwarded for investigation, reviews and responds to OFAC alerts. This role is involved with training new employees, responding to branch inquiries and providing guidance to branch personnel on AML-related situations.
What you will do

• Produce, review and file Currency Transaction Reports (CTRs) within established federal deadlines
• Complete Enhanced Due Diligence (EDD) reviews of higher risk customers and prepare comprehensive written analysis
• Review Suspicious Activity Report Case Management (SARCM) alerts to determine whether activity is deemed suspicious and submit for further investigation when needed
• File Suspicious Incident Report (SIR) when warranted
• Review Office of Foreign Asset Control (OFAC) alerts and compare to Specially Designated Nationals (SDN) lists
• Assist branches with AML policies when opening new accounts for potential higher risk customers
• Review and respond to AML department emails and inquiries and act as a resource to branch personnel
• Review currency exchange log, on a rotational basis
• Train AML Reps and visiting bank personnel on general duties
• Assist management with maintaining department training material
• Stay abreast of trends and regulatory updates
• Perform other duties and projects as assigned
• Understand and comply with all provisions of the Safety in the Workplace policy

Minimum Requirements

• Typically requires a minimum of 6 months to 1 year of related experience

Knowledge, Skills, and Abilities

• Strong critical thinking and problem-solving skills
• Strong analytical and decision-making skills
• Ability to work under strict timeframes
• Effective and professional verbal and written communication skills
• Effective time management, organization, and multi-tasking skills
• Initiative and good leadership skills
• Ability to work independently and as a team
• Proficiency in Microsoft Word, Excel and Outlook
• Ability to learn and use specialized software
• Knowledge of applicable regulations

Working Conditions and Physical Requirements

• Frequently remains stationary throughout a typical business day
• Frequently operates a computer and other office machinery, such as a calculator, copy machine, and computer printer
• Occasionally moves about inside the office to access file cabinets, office machinery, and other rooms
• Occasionally positions self to access drawers and shelves of various heights
• Frequently reaches for and handles paperwork and files
• Constantly communicates with customers, coworkers, and management in-person and on the phone
• Must be able to exchange accurate information

Salary Range
$20.00 Per Hour to $25.15 Per Hour
Statement of Benefits
FirstBank offers a suite of benefits that support our employees' professional, financial, physical, emotional and spiritual well-being. Benefits currently offered with our positions include: Paid Time Off/paid leave programs, 401K/Employee Stock Ownership, United Healthcare medical, MetLife dental, VSP vision, Employee tuition reimbursement, Volunteer Time Off, Short-Term Disability, Long-Term Disability, and Group Life Insurance/AD&D
FirstBank is an EOE/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, genetic information, disability, veteran status, or any other applicable status protected by state or local law. FirstBank does not permit pay inequities. Anyone who believes they have been subject to pay inequity should immediately report their concerns to the Human Resource Department.