BSA and Fraud Manager at HomeTrust Bank in Asheville, North Carolina

Job Description:

Job Summary

The BSA and Fraud Risk Manager is responsible for daily management of the Bank’s BSA, AML, OFAC, CIP, and fraud risk management programs in alignment with regulatory requirements and industry best practices. The role manages the Bank’s transaction monitoring programs designed to detect and respond to suspicious activity reflective of potential fraud, money laundering, human trafficking, elder financial exploitation, and other financial crimes.

Key Responsibilities / Essential Functions

• Manage a team responsible for the timely and accurate filing of CTRs and SARs, CIP, OFAC, and CDD compliance, and the timely processing of AML and fraud alerts.


• Manage the daily administration and monitoring processes conducted by direct reports within the Verafin and FCRM platforms.


• Manage the alert and case management process to ensure risks are promptly identified and resolved.


• Manage processes to ensure case investigation documentation and investigation results are accurate, complete, and properly retained.


• Provide ongoing status updates on the department’s performance to the BSA and Fraud Officer.


• Perform ongoing updates to the AML/CIP/OFAC and fraud risk assessments and present to the BSA Officer for review and finalization.


• Handle escalated sensitive, complex and large financial, compliance or reputational issues.


• Serve as back-up to the BSA and Fraud Officer as needed.


• Perform quality control reviews of work performed by direct reports.


• Provide recommendations to leaders on customer account maintenance or closing, based on established program and alerts.


• Maintain relationships with industry peers, including law enforcement agencies.


• Notify management immediately when the threat of wider scale fraud or significant BSA concerns may exist or have been identified.


• Assist management during regulatory examinations and audits and take action on any findings that may arise from exams or audit.


• Maintain confidentiality and security of sensitive information.


• Adhere to all corporate policies and procedures, Federal and State regulations and laws.


• Follow regulatory requirements including those pertaining to the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Customer Identification Program (CIP), and OFAC to assist in the identification, detection and determent of money laundering and other unlawful activities, as well as regulations pertaining to lending and consumer compliance to include fair lending laws.


• Complete all mandatory annual compliance training.


• Perform other duties and special projects as assigned.


• Provide leadership of assigned team, lead efforts in recruitment, interviewing, and training employees, plan, assign, and direct departmental work.


• Coordinate interdepartmental goals to ensure alignment with company goals and vision.


• Coach and provide ongoing performance feedback to employees, set realistic and measurable performance goals and ensure employees have appropriate professional development opportunities.  Effectively manage performance and assist employees to meet established company standards and expectations. 

 

Job Requirements

Education:

• Four-year college degree in a related field preferred OR an equivalent combination of experience.

Required:

• 5+ years of experience or training in BSA, AML, OFAC, and fraud risk management.


• Demonstrated flexibility and organizational skills to manage numerous and sometimes competing responsibilities of varying urgency and criticality within a fast-paced work environment.


• Hardworking, responsive and adaptable to what the situation dictates, including possessing the diligence to advance matters independently, combined with the strong interpersonal skills to work effectively in a diverse team.


• Detail oriented.


• Knowledge of Bank operations.


• Advanced knowledge of the Bank Secrecy Act; USA PATRIOT Act; Regulation CC; and Regulation E.

Preferred:

• Knowledge of audit techniques.


• Experience managing a team.


• Proficiency with Fiserv and Verafin preferred.


• Certified Fraud Examiner, Certified Anti-Money Laundering and Fraud Professional, or Certified Anti-Money Laundering Specialist designations preferred.

 

About HomeTrust Bank

HomeTrust Bank, founded in 1926, is a North Carolina chartered, community-focused financial institution committed to providing value-added community banking through online/mobile channels and multiple locations in Virginia, North Carolina, South Carolina, Tennessee, and Georgia. Learn more at www.htb.com. Apply today to take your first steps towards joining this talented population of employees within a growing organization. 

 

Work Environment, Physical Requirements 

The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. HomeTrust Bank promotes an equal employment opportunity workplace which includes reasonable accommodation of qualified applicants and employees.

• This job operates in a professional office environment and routinely uses standard office equipment such as computers, phones, photocopiers, and fax machines.


• Specific vision abilities required by this position include close vision, distance vision, and the ability to adjust focus.


• Physical activity requiring reaching, sifting, lifting up to 25 lbs., finger dexterity, grasping, feeling, repetitive motions, talking and hearing are required.


• The employee will frequently communicate and must be able to exchange accurate information with others.


• The employee may need to move around their office to attend meetings and to access files, machinery or other job-related tools.

DISCLAIMER: HomeTrust Bank is an evolving company. As such this job description is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed as assigned.

HomeTrust Bank values and promotes diversity and inclusion in every aspect of our business and at every level within the company. We recruit, hire, and promote employees based on their individual ability and experience and in accordance with Affirmative Action and Equal Employment Opportunity laws and regulations. Our policy is that we do not discriminate on the basis of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, physical or mental disability, pregnancy, marital status, status as a protected veteran, or any other status protected by federal, state, or local law.

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)

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