CTR Analyst
U.S. Bank
This job is no longer accepting applications
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Job Description
The Currency Transaction Department (CTR) Department is responsible for filing accurate, complete and timely CTRs with FinCEN and maintains the Monetary Instrument Log in accordance with the Bank Secrecy Act. A CTR is required to be filed with each deposit, withdrawal, exchange of currency, or other payment/transfer which involves one or more transactions of currency in excess of $10,000.
CTR analysts’ responsibilities include the research and remediation of data requests located by the operations team. Analysts initiate communication with the business line and utilize internal resources to correct system of record information. Analysts conduct quality reviews to assure data is compliant with regulatory guidance on both prior and post records filing. Analysts must be able to communicate professionally with verbal and written skills with internal partners.
Confidence in utilizing Microsoft Office 365 products such as Microsoft Excel, Outlook, Teams, and able to navigate through multiple screens/applications. Additionally, analysts may be responsible for the filing of Canada Electronic Funds Transfers (EFT) transactions. An EFT is required to be filed for any electronic means of instruction for the transfer of funds, either initiated or finally received across the Canadian border of $10,000 or more. Analysts communicate with the business line when required information is missing to ensure accurate, complete and timely reporting.
CTR reporting analysts assist in the implementation of an effective risk management framework by reviewing CTRs and EFTs to ensure all regulatory fields are completed to meet the guidelines established in the Bank Secrecy Act or Canada Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA). Analysts assist with reviewing and working various reporting to assure compliant data is reporting to the regulator. The CTR Department is responsible for oversight to ensure the bank is compliant with all AML/BSA and PCMLTFA regulations per direction of EFCC, Enterprise Financial Crimes Compliance.
Basic Qualifications
- High school diploma or equivalent
- Typically 1+ year of applicable experience
Preferred Skills/Experience
- Intermediate understanding of the business line's operations, products/services, systems and associated risks/controls
- Intermediate understanding of applicable laws, regulations, financial services, and regulatory trends
- Well-developed analytical skills
- Ability to research and manage multiple projects and deadlines simultaneously
- Effective presentation and relationship building skills
- Strong PC skills, particularly word processing, spreadsheet, databases, and presentations
- Effective verbal and written communication skills
INDMO
#LI-Hybrid
* The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.
**We are hiring in the following locations:
Cincinnati, OH
If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.
Benefits:
Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):
Healthcare (medical, dental, vision)
Basic term and optional term life insurance
Short-term and long-term disability
Pregnancy disability and parental leave
401(k) and employer-funded retirement plan
Paid vacation (from two to five weeks depending on salary grade and tenure)
Up to 11 paid holiday opportunities
Adoption assistance
Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
EEO is the Law
U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS EEO poster.
E-Verify
U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $24.90 - $33.17 - $36.49U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.
Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.
Job postings typically remain open for approximately 20 days of the posting date listed above, however the job posting may be closed earlier should it be determined the position is no longer required due to business need. Job postings in areas with a high volume of applicants, such as customer service, contact center, and Financial Crimes investigations, remain open for approximately 5 days of the posting listed date.This job is no longer accepting applications
See open jobs at U.S. Bank.See open jobs similar to "CTR Analyst" Workforce Innovation Center.