CTR Fraud Analyst
Kforce - Oakland, CA

This job posting is no longer available on Kforce. Find similar jobs: Ctr Fraud Analyst jobs - Kforce jobs

A Kforce client is seeking a CTR Fraud Analyst in Oakland, California (CA). This position is responsible for the review of cash transactions for the purpose of Currency Transaction Report (CTR) filing, to ensure compliance with Bank Secrecy Act laws and regulations. In conjunction with the IT group, this candidate will be responsible for the timely CTR tape transmission to the IRS and for completing any other assigned activities relative to CTR Exemptions, CTR back filing and CTR amendments. This position has potential to go beyond 6 weeks. Major Responsibilities: *
  • 65% Review Cash Reports and file CTRs *
  • Review cash reports generated by the Large Currency Reporting System (LCRS) and other bank systems to determine if a CTR is required; cash reports include but not limited to the following: cash transactions reports, foreign currency reports, cash vault adjustment reports, Cash and Save branch reports *
  • Daily review of CTR Exemption Clients (DOEP- FinCEN Designation of Exempt Person) to ensure client meets qualifications for being exempted from CTR filing *
  • Daily review of CTRs to ensure accurate and timely filing *
  • 25% Complete CTR Exemption Reviews *
  • Complete due diligence on cash intensive businesses for consideration for exemption from CTR filing; follow a template narrative and checklist to ensure client meets the exemption criteria *
  • 10% Subject Matter Expertise *
  • Provide assistance to branch, cash vault, FIU, and other CTR specialists with any questions regarding cash and CTRs *
  • Detect and escalate to management any unusual transactions that may violate BSA / AML policies *
  • Respond to any exceptions from the submission tape *
  • Provide the CTR Manager with any research related to CTRs

Kforce - 16 months ago - save job - - block
About this company
271 reviews
Kforce (Nasdaq:KFRC) is a professional staffing and solutions firm providing flexible and permanent staffing solutions in the skill areas of...