Highlights
Responsible for verifying the Bank has gathered and compiled information as required by the Bank Secrecy Act, USA PATRIOT Act, the bank’s FCB’s AML/CFT Program, Customer Information Program (CIP) and Customer Due Diligence Program. Responsible for tracking and timely communication on fraud cases to the BSA Department on all investigative matters which create the need for a SAR to be filed within the regulatory timeframe.
Numbers & Facts
| Location | Lexington, SC |
| Industry | Banking |
| Company Size | 1 to 9 employees |
| Year Founded | 1983 |
| Website | http://www.fcbot.com/ |
Description
Position Summary
Responsible for verifying the Bank has gathered and compiled information as required by the Bank Secrecy Act, USA PATRIOT Act, the bank’s FCB’s AML/CFT Program, Customer Information Program (CIP) and Customer Due Diligence Program.
Additionally, responsible for conducting fraud investigations against the bank and/or its customers, pursuing prevention and recovery methods to mitigate fraud losses.
Collaborate with appropriate business partners and local, state and federal authorities to ensure fraudulent matters are identified timely and fraud losses are minimized or avoided. Responsible for tracking and timely communication on fraud cases to the BSA Department on all investigative matters which create the need for a SAR to be filed within the regulatory timeframe.
Essential Duties and Responsibilities(Other duties may be assigned.)
· Monitor branch collection of CIP information and Beneficial Ownership per FCB’s Customer Information Program and Customer Due Diligence Program. Report lack of compliance to AML/CFT Officer in a timely manner.
· Reviews and determines appropriate course of action on alerts for potential OFAC matches.
· Conducts investigations of fraud alerts generated by the BSA/AML monitoring system.
· Prepares case file documentation to support fraud investigations and to aid law enforcement in the prosecution of those perpetrating fraud against the bank or bank customers.
· Recommends policies and procedures to detect and prevent the occurrence of fraudulent or illegal activities.
· Assist with the recovery of losses due to fraudulent or illegal activities.
· Review daily reports to identify fraudulent activity.
· Perform quality control reviews of closed fraud cases.
· Assists with training of bank employees to identify and respond to potential or actual fraud situations.
· Assists the Fraud Manager and AML/CFT Officer as needed.
· Models the core beliefs of the organization.
Qualifications
· Two-year college degree or equivalent experience.
· Experience investigating fraud alerts in a financial institution environment.
· Ability to prioritize and organize case load independently.
· Experience working with federal and local law enforcement agencies.
· Basic problem-solving and analytical skills. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
· Proficiency in using personal computers and office products (e.g., Word, Excel, Adobe).
· Effective time management skills and Effective verbal and written communication skills.
About Company
1st Community Bank opened its doors in Alice on February 7, 1983 under the name of First National Bank. In 1990, the Bank purchased La Hacienda Savings and Loan which had two branches, one in San Antonio and one in Corpus Christi. The San Antonio office was closed and the Corpus Christi office remained open under the name of First National Bank. In February 1990, the Bank was re-named 1st Community Bank, N.A. In 1995 a branch in Benavides, Texas was opened. Our Mortgage Division opened in 1996 and then yet another branch, which is located on Water Street in Downtown Corpus Christi, was added in 1998. 1st Community opened its 5th location in Kingsville in June 2000. In April of 2004, the decision was made to close the bank in Benavides and in June of 2004 a new bank was opened in Portland. The Alameda branch, the 7th location, was opened March 2007. The Island branch, the 8th location, was opened February 2008. In March 2014 the bank expanded into the Victoria, TX market. The Bank has seen continuous growth over the years, starting out at $32 million in assets in 1993 up to current $346 million today. The driving force behind 1st Community Bank’s success is the pride it takes in its employees. In November 1999 the Bank adopted an Employee Stock Ownership Plan, which means that the employees are actually buying stock in the Bank. With 78% eligible employee participation in the ESOP, customers can bank on the fact that the employees, who are now owners, will go that extra mile and that our customer’s needs are our 1st concern. Employee ownership is the driving force behind exceptional customer service and loyalty. We believe employee owned and operated is what sets us apart from the rest and gives a cutting edge in the banking industry. In June 2002, we converted from a National Bank to a State Charter. We have found that the Texas Department of Banking is uniquely designed to support our type of bank and our customers. Our motto is and will remain to be... We Make Banking Easy!