Royal Business Bank
This range is provided by Royal Business Bank. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range
$70,304.00/yr - $98,000.00/yr Overview
Human Resources Generalist at Royal Business Bank. Assist the Bank’s BSA Officer or designated manager to ensure BSA regulatory requirements are met and to mitigate AML/CFT risks to the Bank and customers. Perform investigations and monitoring by leveraging available systems and resources. Escalate observed issues or program exceptions. Advise team management of opportunities for program enhancements and potential efficiencies. Assist with administrative, management, and training duties as assigned. Responsibilities
Assist in the operations and enforcement of the BSA Department’s CTR program. This includes acting as the CTR team lead, ensuring the timely and accurate completion and submission to FinCEN of CTR reviews as the primary objective. Assist with quality assurance on the CTR program and assist with quality control by performing second reviews on completed CTRs, making corrective actions when needed, documenting errors, and providing constructive criticism. Manage and review customers Exempt from Currency Transaction Reporting. Assist the BSA Officer in the development, revision, and implementation of CTR program enhancements as needed or as directed. Communicate and recommend changes to policies and procedures. Meet and discuss current issues with the BSA Officer and assist with preparing BSA/AML reports for Board and Management review. Ensure all recordkeeping and retention requirements are followed. Collaborate and coordinate with branch staff, business operations team and other internal stakeholders (by phone, email, or Teams messaging) in support of Requests for Information (RFI) or to obtain other data related to CTR processing. Provide effective and accurate CTR compliance support to the Bank’s other business and operating units. Maintain tracking and statistics of monthly pending items CTR triggering data and dates, due dates, batch data, RFIs, suspicious activity escalations, and any other tasked deliverables. Assist the BSA Officer in tracking and monitoring completion of CTR group and CTR analyst goals and objectives. Assist with collecting and maintaining data for the BSA Risk Assessment. Support the BSA Officer in developing and fostering departmental initiatives, including but not limited to the creation and implementation of training resources, job aids, and equivalent tools; performing periodic training and providing guidance to CTR analysts. Stay up to date on all applicable regulatory requirements and updates, especially those related to CTRs. Escalate potentially unusual or suspicious activity as appropriate and in accordance with BSA/AML/OFAC monitoring policy. Within the BSA Department, assist with duties which are external to the CTR program when needed. This may include functions that are managed under the CDD/EDD, Alert, SAR, or Sanctions groups. This may include the following: conduct research, investigation, and in-depth analysis of client profiles and transactional activities to assess financial crime risks, in accordance with BSA/AML/OFAC monitoring policy. Perform additional due diligence as required for high-risk customers, and as otherwise directed by the BSA Officer and EDD Manager. Lead and perform complex reviews for higher risk industry customers including, but not limited to, money service business, independent ATM operator, trade finance business, EB-5 business, financial technology company, jewelers and precious metal dealers, automobile exporters and dealers, and cannabis-related business. Document and maintain accurate records of due diligence reviews, findings, decisions, and supporting documentation in accordance with internal policies and regulatory retention standards. Review and verify applicable documentation to ensure accuracy and completeness of KYC information. Perform oversight and maintain controls on special projects as directed by BSA Officer or EDD Manager. Assist with FinCEN 314(a) compliance. Perform other duties as assigned. Qualifications
EDUCATION: Bachelor's degree or experience-based equivalent EXPERIENCE: Minimum 5 years of experience in banking operations, regulatory, legal, or auditing environment with significant exposure to regulatory compliance matters preferred. Detailed knowledge of CTR rules, e-filing manual/forms, and industry practices is required. Experience with audit/examination and management CTR reporting is strongly preferred. Skills/Abilities
Excellent analytical, research, project management, and planning skills Organized and detail-oriented Strong written and verbal communication skills Thorough knowledge of BSA/AML, USA PATRIOT Act, OFAC laws and regulations, especially CTR reporting requirements. Verbal Chinese is a big plus. Applicants must be authorized to work in the United States without the need for visa sponsorship now or in the future. Why work for us?
We offer a comprehensive and innovative suite of banking services for individuals and businesses, with benefits that include, but are not limited to: Medical insurance Vision insurance 401(k) Disability insurance Royal Business Bank is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.
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$70,304.00/yr - $98,000.00/yr Overview
Human Resources Generalist at Royal Business Bank. Assist the Bank’s BSA Officer or designated manager to ensure BSA regulatory requirements are met and to mitigate AML/CFT risks to the Bank and customers. Perform investigations and monitoring by leveraging available systems and resources. Escalate observed issues or program exceptions. Advise team management of opportunities for program enhancements and potential efficiencies. Assist with administrative, management, and training duties as assigned. Responsibilities
Assist in the operations and enforcement of the BSA Department’s CTR program. This includes acting as the CTR team lead, ensuring the timely and accurate completion and submission to FinCEN of CTR reviews as the primary objective. Assist with quality assurance on the CTR program and assist with quality control by performing second reviews on completed CTRs, making corrective actions when needed, documenting errors, and providing constructive criticism. Manage and review customers Exempt from Currency Transaction Reporting. Assist the BSA Officer in the development, revision, and implementation of CTR program enhancements as needed or as directed. Communicate and recommend changes to policies and procedures. Meet and discuss current issues with the BSA Officer and assist with preparing BSA/AML reports for Board and Management review. Ensure all recordkeeping and retention requirements are followed. Collaborate and coordinate with branch staff, business operations team and other internal stakeholders (by phone, email, or Teams messaging) in support of Requests for Information (RFI) or to obtain other data related to CTR processing. Provide effective and accurate CTR compliance support to the Bank’s other business and operating units. Maintain tracking and statistics of monthly pending items CTR triggering data and dates, due dates, batch data, RFIs, suspicious activity escalations, and any other tasked deliverables. Assist the BSA Officer in tracking and monitoring completion of CTR group and CTR analyst goals and objectives. Assist with collecting and maintaining data for the BSA Risk Assessment. Support the BSA Officer in developing and fostering departmental initiatives, including but not limited to the creation and implementation of training resources, job aids, and equivalent tools; performing periodic training and providing guidance to CTR analysts. Stay up to date on all applicable regulatory requirements and updates, especially those related to CTRs. Escalate potentially unusual or suspicious activity as appropriate and in accordance with BSA/AML/OFAC monitoring policy. Within the BSA Department, assist with duties which are external to the CTR program when needed. This may include functions that are managed under the CDD/EDD, Alert, SAR, or Sanctions groups. This may include the following: conduct research, investigation, and in-depth analysis of client profiles and transactional activities to assess financial crime risks, in accordance with BSA/AML/OFAC monitoring policy. Perform additional due diligence as required for high-risk customers, and as otherwise directed by the BSA Officer and EDD Manager. Lead and perform complex reviews for higher risk industry customers including, but not limited to, money service business, independent ATM operator, trade finance business, EB-5 business, financial technology company, jewelers and precious metal dealers, automobile exporters and dealers, and cannabis-related business. Document and maintain accurate records of due diligence reviews, findings, decisions, and supporting documentation in accordance with internal policies and regulatory retention standards. Review and verify applicable documentation to ensure accuracy and completeness of KYC information. Perform oversight and maintain controls on special projects as directed by BSA Officer or EDD Manager. Assist with FinCEN 314(a) compliance. Perform other duties as assigned. Qualifications
EDUCATION: Bachelor's degree or experience-based equivalent EXPERIENCE: Minimum 5 years of experience in banking operations, regulatory, legal, or auditing environment with significant exposure to regulatory compliance matters preferred. Detailed knowledge of CTR rules, e-filing manual/forms, and industry practices is required. Experience with audit/examination and management CTR reporting is strongly preferred. Skills/Abilities
Excellent analytical, research, project management, and planning skills Organized and detail-oriented Strong written and verbal communication skills Thorough knowledge of BSA/AML, USA PATRIOT Act, OFAC laws and regulations, especially CTR reporting requirements. Verbal Chinese is a big plus. Applicants must be authorized to work in the United States without the need for visa sponsorship now or in the future. Why work for us?
We offer a comprehensive and innovative suite of banking services for individuals and businesses, with benefits that include, but are not limited to: Medical insurance Vision insurance 401(k) Disability insurance Royal Business Bank is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.
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