Regions Bank Financial Crimes Currency Transaction Report Specialist (REMOTE OPPORTUNITY) in Des Moines, Iowa
Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.
Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions’ Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.
At Regions, our Financial Crimes Currency Transaction Report (CTR) Specialist supports the Bank Secrecy Act/Anti-Money Laundering (BSA/AML) Monitoring and Reporting Operations Department by collecting, verifying, validating, analyzing, reporting, and maintaining transactional and customer information for the timely reporting of CTR’s for cash transactions greater than $10,000. Associates at this level will have advanced knowledge of CTR regulations and requirements and may act as a resource to junior CTR Specialists. This role may be asked to participate in special projects and must be able to adjust and prioritize work to achieve established department goals.
Researches banking transactions and determines whether the transactions are reportable according to federal regulations
Researches and determines whether customers are eligible for a currency transaction report exemption according to federal regulations and Regions' internal policies
Corresponds with branch personnel regarding individual transaction activity and gathers information
Identifies and refers possible suspicious and/or fraudulent activity
Reviews data for incomplete, inaccurate, or false information
Completes data entry related tasks
Analyzes internal and external data for potential risks to the bank, preparing reports and appropriately following through on actions needed
Meets required production goals set by the department with a low rate of production errors
Identifies areas of improvement and provides practical solutions
Offers advice and guidance to junior specialists, assisting in the development of necessary skills and the promotion of continuous improvement initiatives
This position requires the tracking of time and is eligible for overtime hours worked in excess of 40 per week under the Fair Labor Standards Act.
High School Diploma or GED
Three (3) years retail banking experience or related
Advanced knowledge of CTR requirements and regulations
Bachelor’s degree in a related field
Knowledge of the bank's mainframe systems and applications
Experience in a branch environment or with BSA/AML, Fraud, or Corporate Security Investigations
Experience with case management systems
Skills and Competencies
Ability to learn additional systems as needed
Ability to research, analyze data, and derive facts
Ability to work under moderate guidance
Ability to work under pressure and meet deadlines
Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
Strong verbal, written communication, and organizational skills
Strong work ethic and self-motivation
Candidates with previous experience within a branch environment is preferred for this role.
Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.
The target information listed below is based on the national range and level of the position.
Job Range Target:
Incentive Pay Plans:
This job is not incentive eligible.
Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.
Paid Vacation/Sick Time
401K with Company Match
Medical, Dental and Vision Benefits
Health Savings Account
Flexible Spending Account
Employee Assistance Program
Associate Volunteer Program
Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions’ benefits, please click or copy the link below to your browser.
Bring Your Whole Self to Work
We have a passion for creating an inclusive environment that promotes and values diversity of race, color, national origin, religion, age, sexual orientation, gender identity, disability, veteran status, genetic information, sex, pregnancy, and many other primary and secondary dimensions that make each of us unique as individuals and provide valuable perspective that makes us a better company and employer. More importantly, we recognize that creating a workplace where everyone, regardless of background, can do their best work is the right thing to do.
OFCCP Disclosure: Equal Opportunity Employer/Disabled/Veterans
At Regions, our culture focuses on five core values that are a commitment to how we will do business:
Put people first
Do what is right
Focus on your customer
Through these values, our mission to make life better drives our desire to improve and make a positive difference in the communities where we work and live through financial investments and volunteering.