Interested in a career in banking?
First & Peoples Bank and Trust Company may have an opportunity for you! We're constantly on the lookout for great people to work here. Even if we're not currently hiring, you may submit an application for us to keep on file. We will hold your application for a minimum of 60 days. That way, if something opens up, you'll already be in our system!
To apply, click here. This application must be fully completed. While we appreciate and review all attached resumes and cover letters, we must have a full application on file.
If we choose to request an initial interview, you will be asked at that time to consent to a credit report check, background check, and drug test.
CURRENT OPENINGS
This position provides support to the Compliance Officer. You will be responsible for assisting in BSA, AML, and OFAC compliance, CTR’s and providing weekly, monthly, quarterly, and yearly reports. Also, providing support for other various issues such as Garnishments/ Tax levies, Real Estate Mortgage documentation and appraisals, CIP, training and back up to the Compliance Officer.
Major Duties & Responsibilities:
- Assists in all aspects of accounts and activities under different departments of bank relating to BSA, AML and OFAC compliance as described in the FFEIC Bank Secrecy Act Anti-Money Laundering Examination Manual.
- Maintains current knowledge of the BSA, and all related AML and OFAC regulations
- Uses BSA/ AML monitoring application systems and other reports to detect suspicious activities
- Assists the BSA officer in conducting periodic assessment of the bank’s applicable departments for compliance with BSA/ AML/ CIP/ OFAC procedures
- Performs OFAC scrub
- Prepares/ Reviews Currency Transaction Reports for accuracy and submission
- Assists in providing applicable BSA/ AML
- Review documentation for CIP purposes
- Review FINCEN every two weeks or as needed
- Backup Compliance Officer as needed
- Review Mortgage Loans for documentation and compliance
- Order appraisals and review for accuracy and content
- Review adverse action notices
- Backup verification that proper flood insurance has been obtained
- Reviews Reg CC holds
- Processes Garnishments/ Tax levies
- Other duties as assigned by the Compliance Officer
JOB SUMMARY
Review trust department account portfolios and individual securities held in accounts. Perform daily trust administration and investment duties regarding bank policies and regulatory requirements. Participate in making decisions and recommendations to appropriate parties and the Trust Investment Committee. Coordinate the activities of the trust officer to ensure that approved accounting, administration, record retention, and computer-processing functions are executed daily.
DUTIES AND RESPONSIBILITIES
- Perform Administrative, Synoptic and Investment reviews on Trust Department accounts periodically ensuring bank policies and regulatory requirements are met.
- Analyze reports and investment information from external research and consult with brokers and investment representatives.
- Recommend investment strategy and action to the Senior Trust Officer and Trust Investment Committee.
- Execute security trades for Trust Department Accounts.
- Organize portfolios and scan new/closed accounts.
- Assist Senior Trust Officer in developing new business opportunities.
- Prepare and present reports for monthly Trust Investment Committee meetings.
- Compile reports for monthly Trust Committee meetings.
- Complete general customer transactions and distribute correspondence and ticket entries to Trust Operations and other bank departments.
- Prepare and mail new business correspondence.
- File recurring updates to Trust reference manuals.
- Assist in inventory procedures of safekeeping vault.
- Participate in community organizations and projects.
- Learn Trust Operations tasks as emergency backup.
- Any other job duties assigned by the Senior Trust Officer or Trust Operations Supervisor.
ORGANIZATION AND RELATIONSHIPS
Work with the Senior Trust Officer, Trust Operations Supervisor and Trust Operations Clerk in a manner which accomplishes the objectives of the Trust Department and contributes to the development of work procedures and systems. Responsible for working with all employees within the Trust Department in a courteous and polite manner.
QUALIFICATIONS
- Interpersonal skills.
- Basic familiarity accounting practices and financial instruments.
- Ability to communicate efficiently and effectively to coworkers and clients in person, by telephone and correspondence.
- Training on Windows-based personal computers, especially Word and Excel programs.
- Ability to prepare correspondence and reports.
- Willingness to learn new tasks and develop a base of knowledge within the Trust Department.
- No adverse credit history.
- Prior bank-related experience.
- Previous Trust Department experience a plus.
Thank you for your interest in First & Peoples Bank and Trust Company!
