Who We Are

Five Star Bank is a high performing $3.2 Billion community business bank operating through 8 offices - 6 in the Capital Region, 1 in Chico, and 1 in Redding. 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 AML Officer, the incumbent will assist with regulatory compliance programs related to Bank Secrecy Act, OFAC, PATRIOT ACT and other anti-money laundering regulations.

Time will be allotted, and materials provided, to facilitate sufficient knowledge of the Anti-Money Laundering regulations and their application to the Bank’s 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 Credit Officer and Operations Officers.

Essential Job Functions

• 
  Reviews daily cash logs to determine whether Currency Transaction Reports (CTRs) should be filed
• Reviews CTRs for accuracy and completeness and then files them with FinCEN
• Performs AML 314(a) scrubs and reports the results to the BSA Officer
• Reviews completed new account documentation for compliance with AML and CIP requirements
• Tracks findings on New account documentation, presents them to management and ensures they are corrected in a timely manner
• Conducts data validation by ensuring that all transactions are uploaded correctly to the Bank’s AML Software
• Reviews various transactions to ensure the bank remains compliant with OFAC requirements
• Supports the detection of suspicious activity which includes gathering documentation and conducting enhanced due diligence
• Assists with the preparation and filing of Suspicious activity Referrals (SARs)
• Revises existing, or develops new forms to assist staff with internal BSA reporting

Attends training as assigned by the AML Officer and/or CRO, including webinars, seminars and/or schools (may require travel to off-site locations)

• Reads, and demonstrates understanding of regulations, internal training materials and policies
• Assists with special projects as needed

Qualifications

• Professionalism in dealing with others
• Strong organizational, problem-solving, time management and analytical skills
• Good 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.

Required Education and Experience

• Associate degree required

Preferred Education and Experience

• Bachelor's degree preferred
• Experience with a financial institution
• Experience with Patriot Officer software
• 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.

AAP/EEO Statement

It is the policy of Five Star Bank (FSB) not to discriminate against any employee or applicant for employment because of race, color, religion, sex, national origin, gender, gender identity, sexual orientations, age, disability, veteran status or any other reason prohibited under Federal, State or local laws. All employment decisions are based on valid job-related requirements. It is also the policy of FSB to take affirmative action to employ and to advance in employment, all persons regardless of their race, color, religion, sex, national origin, gender, gender identity, sexual orientations, age, disability, veteran status or any other reason prohibited under Federal, State or local laws. 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.