Fraud Monitoring Jobs in Virginia (NOW HIRING)

Location:

800 Philadelphia Street

Indiana, PA 15701

or

7660 Saltsburg Rd

Pittsburgh, PA 15239

or

358 North Shore Drive

Pittsburgh, PA 15212

or

2 North Church Street

West Chester, PA 19380

or

4 Brandywine Ave

Downingtown, PA 19335

Hours:

Monday-Friday 8:00AM-5:00PM

(Additional hours as necessary to meet the objectives of the department)

Function:

Assists the VP Financial Intelligence Group (FIG) Coordinator -BSA Team with performing information and data analysis and recordkeeping and government reporting functions for S&T Bank (S&T) in accordance with federal and state laws, rules, and regulations related to the Bank Secrecy Act (BSA), Anti-Money Laundering (AML) rules, USA PATRIOT Act (USAPA), the AML Act of 2020 and Office of Foreign Assets Control (OFAC) to protect the S&T from legal/compliance, reputation, and transaction risk.

Duties and Responsibilities:

Maintains and uses knowledge and understanding of relevant laws, rules, regulations, policies, and procedures that apply to position responsibilities.

Monitors monetary instruments, certificates of deposit (CDs) redeemed for cash, foreign checks cashed, and currency exchange transaction information.

Reviews non-resident aliens (NRAs) to ensure that proper documentation is collected and maintained.

Reviews Online Account Creation (OAC) / Consumer Electronic Banking (CEB) to ensure that new accounts are appropriate.

Reviews system updates on S&T OFAC systems (e.g., Verafin, QualiFile, eWire) to ensure these are current, implemented, and working effectively.

Reviews OFAC cases to determine legitimacy and report any matches to OFAC.

Reviews, amends, and files federal Currency Transaction Reports (CTRs) submitted by branches.

Works with Business Units) and key business unit employees to ensure that CIP/CDD, CTRs, monetary instruments, CDs cashed, foreign checks cashed, and currency exchange requirements are understood by staff.

Assists with identifying alerts needing elevation to suspicious activity case level for investigation. including money laundering, terrorist financing (ML/TF) and other financial crimes, fraud, and identity theft.

Effectively uses computer tools including automated software monitoring applications in performing, monitoring, and reporting activities.

Exercises a high-level of accuracy, initiative, interpersonal skills and confidentiality while performing tasks to contribute to the success of the department and the organization.

Maintains a good working relationship with all bank employees and adheres to S&T's S&T's Our Shared Future Purpose, Drivers and Values

. Demonstrates the ability to work independently. Works as a team player to contribute to the success of the department and in turn the organization.

Performs additional duties as required.

Education:

Requires a four-year college degree or equivalent in Business, Legal Studies, Law Enforcement or related major or equivalent experience, plus specialized training. Responsible for possessing or the capability of understanding basic knowledge of US regulations regarding Bank Secrecy (BSA), Anti-Money Laundering rules, USA Patriot Act, Office of Foreign Assets Control, suspicious activity and Federal crimes.

Experience:

Requires two to five years of general experience and one to two years of specialized experience in banking and/or BSA/AML Compliance, Fraud monitoring/detection, Verafin or similar monitoring software.

Physical Demands:
40% of the day is spent operating a keypad device. Must be able to occasionally lift and/or move up to 20 lbs. Use of electronic equipment is required 10% and use of a mouse 20% of the business day. Specific vision requirements include close vision of 18"-20" for computer work. 90% of the business day requires sitting straight and 10% walking at a slow speed. Reasonable accommodations may be made to enable individuals with disabilities to perform essential function.

Offered rates and salaries may vary based on geographic location, market data and on experience, education, and evidenced position specific skill requirements.

For roles that are incentive eligible, payment is based upon the plan document and company, business, and/or individual performance.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

Salary Range: