Come to work for a company you can be proud to represent...and enjoy fantastic, comprehensive benefits.
The hiring range for this opportunity is $63,550 to $97,825 annually along with incentive opportunities, creating a competitive total compensation package based on our pay scale, and may be modified by location and is commensurate with qualifications and experience.
This will be a hybrid position (after training) with a requirement of 3-days in office at either our Chico or Roseville locations.
POSITION SUMMARY
The SAR Compliance Officer is a position of significant importance within the BSA Compliance Department. The SAR Compliance Officer is responsible for overseeing the day-to-day operations related to SAR process. Oversight includes but is not limited to making SAR determinations, conducting investigation for insider abuse cases and other sensitive or complex cases, performing quality control of case investigations performed by the FIU Analyst, SAR and No SAR documentation, facilitating 314(b) requests and responding to law enforcement request. The SAR Compliance Office works with a high-level independence and exercises material professional judgement in completing work.
MAJOR RESPONSIBILITIES
• Review SAR recommendations and decide based on the facts presented by the Analyst in the case if a SAR is warranted.
• Conducts additional investigation and analysis on complex cases
• Investigates and makes SAR recommendation on Insider Abuse cases
• Provides guidance and training to FIU Analysts
• Initiate outgoing request that meet requirements of program
• Track incoming and outgoing 314(b) requests out outlined in the procedure.
• Verify requests from law enforcement and supply documentation as outlined in the procedures
• QA SAR's, No SARS to ensure the reports are filed on time and meet the requirements set forth in the BSA policy and procedures.
• QC Cases to confirm the investigation standards are being followed
• Maintain accurate reporting of QA and QC results. Report results to FIU and BSA Management
• Track all internal referral flows to verify proper reporting and investigation
• Monitor all timelines for alert, cases and SARs are met. Escalate matters when timelines are not being met
• Follow up on outstanding items and escalates at risk items to management when needed.
OTHER RESPONSIBILITIES
• May include other miscellaneous duties as assigned by the BSA Officer or BSA Manager.
• Maintains a current understanding of Bank policies and procedures in compliance with all federal and state laws, including but not limited to Bank Secrecy Act (SARs, CIP, OFAC), Information Security (GLBA), Identity Theft Red Flags, Financial Elder Abuse Reporting, and any other applicable regulations that may be specific to your job duties.
• May be asked to regularly assist with other BSA areas such CTR, EDD and OFAC.
EDUCATION, EXPERIENCE AND OTHER SKILLS REQUIRED
• SAR Compliance Officer I: 5+ years of banking experience. BSA experience related to suspicious activity investigations. Previous BSA/AML, fraud, loss prevention or corporate security investigative experience, or experience analyzing customer financial activity for unusual behavior is preferred. Relevant law enforcement, other financial crimes investigation experience or regulator experience may substitute for some or all of the required banking experience.
• SAR Compliance Officer II: 7+ years of banking experience with 3+years of experience processing and reporting suspicious activity within a financial institution
• At least 1 year experience completing quality assurance reviews.
• High school diploma or GED required; undergraduate degree preferred.
• Certified Anti-Money Laundering Specialist (CAMS) designation or similar.
TECHNICAL SKILLS REQUIRED
• Must have sufficient understanding of the Bank’s financial crimes risk profile, the key money laundering typologies most likely to be identified at the Bank, and strong comprehension of other BSA or related processes including cybercrime, fraud, currency transaction reporting, Office of Foreign Asset Control, Customer Identification Program (CIP), Ultimate Beneficial Ownership (UBO), and Enhanced Due Diligence (EDD)
• Excellent verbal and written communication skills
• Strong analytical skills
• Strong MS Word and Excel skills
• Ability to multi-task and work in high volume environment
• Expert knowledge of Bank services and products
• Ability to manage time effectively
• Ability to utilize personal computers and Windows driven programs
• Excellent reading, comprehension, and problem-solving skills
COMPANY PROFILE
Established in 1975, Tri Counties Bank is a wholly-owned subsidiary of TriCo Bancshares (NASDAQ: TCBK) headquartered in Chico, California, with assets of nearly $10 billion and more than 45 years of financial stability. Tri Counties Bank provides a unique brand of Service With Solutions® for communities throughout California with a breadth of personal, small business and commercial banking services, plus an extensive branch network, more than 37,000 surcharge-free ATMs nationwide, and advanced online and mobile banking.
Tri Counties Bank remains strong and profitable through our top-down commitment to our core values, sound business principles and responsible lending practices.
Our success is also based on our community engagement. We still believe in the vision of the helpful and caring community banker. As we grow and serve more communities, we become more involved, providing substantial financial and volunteer support to local economies and community organizations. We applaud our employees who roll up their sleeves to work and volunteer for a greater good in our communities.
Tri Counties Bank hires individuals who are qualified for the role and who represent the communities in which we serve. We look to place people in positions where they can best utilize their abilities and strengths, and where they are able to grow with the Bank.
Tri Counties Bank is an Affirmative Action and Equal Opportunity Employer, Race/Color/Religion/Sex/Sexual Orientation/Gender Identity/National Origin/Disability/Veteran.