Collegiate Peaks Bank
Corporate AML/CFT Transaction Monitoring & SAR Manager
Collegiate Peaks Bank, Denver, Colorado, United States, 80285
Glacier Bancorp, Inc. (GBCI) is a regional bank holding company providing commercial banking services in 80 communities through 129 banking offices in Montana, Idaho, Colorado, Utah, Washington and Wyoming. GBCI offers an extensive benefits package that includes, but is not limited to, medical, dental, vision, life insurance; retirement plan including employer match and profit sharing; paid vacation, holiday and sick leave. Salary is negotiable depending upon relevant experience.About The R
Summary: The AML/CFT Monitoring and SAR Manager reports directly to Glacier Bancorp's Corporate BSA/AML Officer and is an integral part of the financial crimes management team, responsible for management and oversight of the Bank's transaction monitoring and suspicious activity reporting processes, including management of the Alert and Investigation and SAR teams. The Manager supports the BSA/AML Officer their oversight and execution of the company's AML Program with participation in process management, staff support, training, strategic initiatives, audit and exam management, and reporting This is a Corporate position which may be located at an available bank division location across our eight-state footprint in AZ, CO, ID, MT, NV, UT, WA, or WY. The entry rate for this position is $93,784.34 +/- per year (calculated for Kalispell, MT). All compensation offers are analyzed individually and take into consideration multiple factors including but not limited to geographic location, years of experience, and educational background. Duties: * Team Management: Manage and lead the alert, investigation and SAR, and EDD teams ensure day-to-day obligations are met. Provide direct oversight to workstream supervisors and support them with hiring, job assignments, monitoring staff performance, coaching, counseling, training, disciplining as necessary, assuring compliance with regulatory requirements and organizational mission, values, policies, and work rules. Appraise employee performance and provide recommendations for staffing needs, staff promotion, and termination, as appropriate. Monitor staffing and proactively escalate staffing needs that arise. * Process Management: Oversee the operation of the Bank's transaction monitoring system and all transaction monitoring and SAR filing processes, to ensure they comply with regulatory expectations and are effective, risk-based, executed in a timely manner. Oversee procedures related to AML/CFT Monitoring and Due Diligence processes and ensure they are accurate, comprehensive, and appropriate for the complexity of each process. Monitor and stay current with BSA/AML and OFAC regulatory, industry requirements, developments, and best practices. * BSA Program Support: Partner with the BSA/AML Officer and other members of the Corporate BSA Department to ensure cross-functional suspicious activity monitoring and reporting obligations are met. Assist or lead projects related to the enhancement of the Bank's AML/CFT and OFAC programs, particularly those focused on suspicious activity monitoring and reporting. Support the BSA/AML Officer and Corporate BSA Department Management in resolving issues, participating in special projects, and strategic initiatives, and other duties, as assigned. * Reporting: Develop Key Risk and Performance Indicators to monitor effectiveness and efficiency of processes and generate regular reporting to the BSA/AML Officer. Provide regular reporting (written and verbal) to the BSA/AML Officer and support the BSA/AML Officer in reporting to senior management, committees, and the Board. * Audit and Exam: Support the BSA/AML Officer in gathering documents and responding to requests from internal auditors, examiners, and other evaluators in a timely and accurate manner. Interface with auditors and examiners as required. * Must comply with all company policies and procedures and all applicable laws and regulations, including but n t limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control. Must complete the assigned online training courses and achieve a passing score by due date. About You
Education
Required/Preferred Education Level Description
Required Bachelor's Degree Business, finance, or related field
Experience
Required/Preferred Experience Level Description
Required 10+ years Minimum 10 years banking operations experience with a minimum 8 years direct experience in BSA/AML Compliance in the banking industry.
Required 5 years Prior supervisory and/or management experience.
Required Advanced / Specialized Knowledge Advanced knowledge of BSA/AML/OFAC regulations, including transaction monitoring and reporting
Required Knowledge Of Banking regulations and compliance
Summary: The AML/CFT Monitoring and SAR Manager reports directly to Glacier Bancorp's Corporate BSA/AML Officer and is an integral part of the financial crimes management team, responsible for management and oversight of the Bank's transaction monitoring and suspicious activity reporting processes, including management of the Alert and Investigation and SAR teams. The Manager supports the BSA/AML Officer their oversight and execution of the company's AML Program with participation in process management, staff support, training, strategic initiatives, audit and exam management, and reporting This is a Corporate position which may be located at an available bank division location across our eight-state footprint in AZ, CO, ID, MT, NV, UT, WA, or WY. The entry rate for this position is $93,784.34 +/- per year (calculated for Kalispell, MT). All compensation offers are analyzed individually and take into consideration multiple factors including but not limited to geographic location, years of experience, and educational background. Duties: * Team Management: Manage and lead the alert, investigation and SAR, and EDD teams ensure day-to-day obligations are met. Provide direct oversight to workstream supervisors and support them with hiring, job assignments, monitoring staff performance, coaching, counseling, training, disciplining as necessary, assuring compliance with regulatory requirements and organizational mission, values, policies, and work rules. Appraise employee performance and provide recommendations for staffing needs, staff promotion, and termination, as appropriate. Monitor staffing and proactively escalate staffing needs that arise. * Process Management: Oversee the operation of the Bank's transaction monitoring system and all transaction monitoring and SAR filing processes, to ensure they comply with regulatory expectations and are effective, risk-based, executed in a timely manner. Oversee procedures related to AML/CFT Monitoring and Due Diligence processes and ensure they are accurate, comprehensive, and appropriate for the complexity of each process. Monitor and stay current with BSA/AML and OFAC regulatory, industry requirements, developments, and best practices. * BSA Program Support: Partner with the BSA/AML Officer and other members of the Corporate BSA Department to ensure cross-functional suspicious activity monitoring and reporting obligations are met. Assist or lead projects related to the enhancement of the Bank's AML/CFT and OFAC programs, particularly those focused on suspicious activity monitoring and reporting. Support the BSA/AML Officer and Corporate BSA Department Management in resolving issues, participating in special projects, and strategic initiatives, and other duties, as assigned. * Reporting: Develop Key Risk and Performance Indicators to monitor effectiveness and efficiency of processes and generate regular reporting to the BSA/AML Officer. Provide regular reporting (written and verbal) to the BSA/AML Officer and support the BSA/AML Officer in reporting to senior management, committees, and the Board. * Audit and Exam: Support the BSA/AML Officer in gathering documents and responding to requests from internal auditors, examiners, and other evaluators in a timely and accurate manner. Interface with auditors and examiners as required. * Must comply with all company policies and procedures and all applicable laws and regulations, including but n t limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control. Must complete the assigned online training courses and achieve a passing score by due date. About You
Education
Required/Preferred Education Level Description
Required Bachelor's Degree Business, finance, or related field
Experience
Required/Preferred Experience Level Description
Required 10+ years Minimum 10 years banking operations experience with a minimum 8 years direct experience in BSA/AML Compliance in the banking industry.
Required 5 years Prior supervisory and/or management experience.
Required Advanced / Specialized Knowledge Advanced knowledge of BSA/AML/OFAC regulations, including transaction monitoring and reporting
Required Knowledge Of Banking regulations and compliance