Senior AML Officer

Who We Are

Five Star Bank is a high performing $4.4 Billion community business bank operating through 8 offices 4 in the Capital Region 3 in the North Valley and 2 in the San Francisco Bay Area. With an emphasis on commercial real estate and small business we partner with organizations to help them be successful by providing highly customized banking solutions. Organizations bank with us because of our entrepreneurial and empathetic spirit speed to serve and deep connection to our market. And they trust us.

Position Overview

Under the direction of the VP/AML Officer the incumbent will manage a team of AML Analyst(s) to ensure daily and monthly tasks are executed in a timely manner. The Senior AML Specialist will also lead the Legal Process Program to ensure the Bank complies with all legal requests served on the Bank.

Time will be allotted and materials provided to facilitate sufficient knowledge of the Anti-Money Laundering regulations and their application to the Banks products and services. Training will also be provided in these areas. This position reports to the AML Officer and requires working with other officers including the Chief Regulatory Officer Chief Operations Officer Chief Financial Officer Chief Credit Officer and Operations Officers.

Essential Job Functions

• Coordinates a team of analyst(s) responsible for daily and monthly AML tasks (i.e. OFAC alert scrubs CTRs SARs new account documentation review).
• Coordinates Analyst development and engagement to ensure their success within the Bank.
• Effectively and timely escalates any findings or cases for end-all AML Officer approval.
• Supports the AML Officer on related initiatives and training to improve or expand the Banks AML OFAC IDT/RF Programs.
• Operates as the back-up officer to the AML CIP OFAC and IDT/RF Programs.
• Manages the Legal Processes Program by tracking all subpoenas search warrants and other legal requests served on the Bank. Collaborates with all business units and Bank Officers to ensure proper serves and timely responses.
• Attends training as assigned by the AML Officer and/or Chief Regulatory Officer including webinars seminars and/or schools (may require travel to off-site locations)
• Assists with special projects as needed

Supervisory Responsibility

This position has supervisory responsibilities.

Qualifications

• Experience managing leading and supporting direct reports
• Professionalism in collaborating and supporting others
• Strong organizational problem-solving time management and analytical skills
• Strong verbal written and presentation skills
• Versatility flexibility and a willingness to work within constantly changing priorities
• Discretion when handling confidential and/or sensitive information
• Commitment to excellence and high standards
• Ability to handle multiple projects simultaneously and still meet deadlines
• Ability to work independently and as a member of various teams and committees.
• Proficient with computers including use of Word Excel Outlook and Internet Explorer; and the ability to learn and operate numerous software applications related to the function.

• Bachelors degree required
• Experience with a financial institution
• Experience leading a team

Preferred Education and Experience

• In-depth knowledge of AML Regulations including:
  • Bank Secrecy Act
  • USA PATRIOT ACT
  • AML Act
  • OFAC
• CAMS or alternative BSA/AML certification
• Experience with Jack Henry Financial Crimes Defender
• Experience with Silverlake 20/20 software

Position Type/Expected Hours of Work

This is a full-time position that regularly requires 40 hours per week.

Travel

Travel is primarily local during the business day although some out-of-the-area and overnight travel may be expected.

Physical Demands

While performing the duties of this position the employee is in regular communication is required to use various tools or objects and have the mobility to move about the office. The employee occasionally lifts and/or moves objects up to 25 pounds. Specific vision abilities required by this position include close vision distance vision and the ability to adjust focus.

Other Duties

The purpose of the job description is to outline the duties and responsibilities for which the position is held accountable. The job description does not restrict the right of management to change alter or reassign duties at any time with or without notice.

EEO Statement

Five Star Bank is an Equal Employment Opportunity (EEO) employer and is committed to creating and maintaining a work environment that is free from all forms of discrimination and harassment. The Five Star Bank EEO policy prohibits harassment or discrimination due to age ancestry color disability gender gender expression gender identity genetic information marital status medical condition military or veteran status national origin race religious creed sex (including pregnancy childbirth breastfeeding and any related medical conditions) sexual orientation and any other classification protected by federal state or local laws regulations or ordinances. It also prohibits retaliation for engaging in protected activity such as filing a discrimination or harassment complaint or participating in an EEO investigation. This policy shall apply to all employment actions including but not limited to recruitment hiring upgrading promotion transfer demotion layoff recall termination rates of pay or other forms of compensation and selection for training including apprenticeship at all levels of employment.

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NOTE: Five Star Bank personnel are employed on an at-will basis. All employment is at-will and can be terminated with or without cause at any time by the Employee or by Five Star Bank for any reason or no reason whatsoever with or without notice.