As an associate of the company, you must share a passion for the Core Values. Associates must have a world-classcommitment to customer servicewhile recognizing our customers are both internal and external. Taking personal responsibility and accountability for your own actions yet being able to exemplify teamwork is paramount to exhibiting the core values. Associates are expected to perform their roles in a manner that focuses on the company’s strength and stability. Honoring others, respecting their differences, and acting withhonor and integrityis a prerequisite for all associates. These values do not change over time, and remain constant in every situation with every associate. Our core values are the heart of what we do and are made evident throughout the communities where we live and work.
JOB FUNCTION / SUMMARY:
Primary role is to reduce risk through compliance with the Bank Secrecy Act. Assuring maximum efficiency and performance of alert/monitoring platform, development and refinement of BSA system rules, scenario testing; based on tuning results, assists in preparing documentation outlining parameter and threshold modifications.
ESSENTIAL DUTIES & RESPONSIBILITIES:
Creates detailed plans for scheduling the tuning and testing of production and pre-production monitoring rules within Actimize AML & Wire/ACH fraud solutions and the various check/deposit fraud solutions.
Responsible for preparing statistical analysis, reporting, insight, and presentations to be provided to management committees regarding the Financial Intelligence Department’s performance and efficiency
Plays a key role in communicating issues identified during the tuning/testing process to management, FID’s Business Risk Supervisor and IT programming/technical staff
Creates documentation related to production and pre-production tuning efforts and parameter changes for Fraud and AML monitoring systems to ensure a comprehensive audit trail is maintained as required by the Bank Secrecy Act and other regulatory guidance.
Assists department management as directed for tracking system changes, data validation and parameter changes for Fraud and AML monitoring systems to ensure a comprehensive audit trail is maintained as required by the Bank Secrecy Act
Assists department management in discussion with personnel of businesses in a merger or acquisition to identify and document monitoring coverage from legacy systems.
Under direct supervision, assists with evaluating monitoring solutions and correct errors to maintain system after implementation
Under direct supervision, plan and prepare technical reports, memoranda, and instructional manuals as documentation of program development
May be expected to individually lead projects and successfully collaborate on larger projects
Assist department management in conducting data validation and other system testing
All other duties/special projects as assigned.
Incumbent is required to comply with all applicable federal, state, and local banking and industry related laws and regulations including but not limited to the Bank Secrecy Act.
MINIMUM REQUIRED EDUCATION & EXPERIENCE:
Associates degree or equivalent from a college or technical school
One to three months related experience and/or training
Bachelor's degree (math)
Concentration in math and statistics
Three months to one year related experience and/or training
MS Excel (pivot tables)
MINIMUM REQUIRED KNOWLEDGE:
Math - Experienced - Advanced
Management Reporting - Basic
Reasoning Skills - Experienced
The company has identified a set of core competencies that are vital to our business achieving a competitive advantage and delivering a unique value to our customers. These competencies are the capabilities each and every associate must exhibit through commitment and demonstration to fulfill this competitive advantage.
Each associate must be committed to:
Business Ethics: carrying out the business as per self-acknowledged moral standards
Organizational Support: supporting the company’s goals and objectives
Quality & Quantity: accuracy and completeness while striving for increased production
Safety & Security: adheres to the banks policies and procedures and reports abuse
Each associate must demonstrate:
Adaptability: embracing change as the work place changes; managing competing demands and unexpected events; enthusiastically accepting challenges.
Dependability: takes a conscientious and reliable approach toward work
Initiative: proactively initiates positive change, ready to take independent action, make decisions and prepares in advance
Professionalism: approaches work and fellow associates with a behavior, attitude and image that portrays respect, trust, courtesy, empathy and integrity.
Diversity: treat all people with respect and honor along with sensitivity to cultural differences.
POSITION SPECIFIC COMPETENCIES
Verbal Comprehension, Business Math, Analytical, Judgment & Decision Making, Technical Skills
ESSENTIAL MENTAL & PHYSICAL REQUIRMENTS:
Ability to work under stress and meet deadlines
Ability to operate a keyboard if required to perform the essential job functions
Ability to read and interpret a document if required to perform the essential job functions
Ability to travel if required to perform the essential job functions
Ability to lift/move/carry approximately 10 pounds if required to perform the essential job functions. If the employee is unable to lift/move/carry this weight and can be accommodated without causing the department/division an “undue hardship” then the employee must be accommodated; hence omitting lifting/moving/carrying as a physical requirement.
NOTHING IN THIS JOB DESCRIPTION RESTRICTS MANAGEMENT'S RIGHT TO ASSIGN OR REASSIGN DUTIES AND RESPONSIBLITIES TO THE JOB AT ANY TIME
Hancock Bank - 2 years ago