Job Description

Working Title: Financial Examiner V - BSA AML Specialist

State Classification: Financial Examiner V

Class No. / Sal Grp: 1108/B25

Monthly Salary: $8,538 (will increase 5% effective September 1, 2024)

Location: Dallas, Houston, or San Antonio

Overnight Travel: Extensive Travel - At least 50%

Mission:

The mission of the Texas Department of Banking is to ensure Texas has a safe, sound, and competitive financial services system.

General Description:

Performs medium to advanced Bank Secrecy Act / Anti-Money Laundering (BSA/AML) and Office of Foreign Assets Control (OFAC) work on moderately complex, or large, complex, or problem financial institutions and their affiliates. Effectively communicates examination results through established written report procedures and verbally through meetings with bank management and personnel. Objectives include further developing skills in reviewing BSA/AML processes; further developing sound judgment and decision-making skills; and report review skills. On-the-job training will concentrate on more complex situations and financial institutions.

Serves as a resource in the areas of BSA/AML, and OFAC examinations, training, enforcement matters, and policy implementation. Provides expertise regarding assessment of institutions with international transactions, customers, or operations, as well as those located in or conducting transactions in higher-risk domestic jurisdictions such as High Intensity Drug Trafficking Areas or High Intensity Financial Crimes Areas. Proactively identify and analyze AML risks through supervision and monitoring activities, to ensure institutions comply with applicable laws and regulations, and maintain an effective BSA/AML program. Works under general supervision with some latitude for the use of initiative and independent judgment.

Job Duties:

• This non-commissioned examiner position takes direction from the Director of Examination Support Activities, senior level BSA examiners, and examiners serving in an EIC or lead BSA role.

• Assist the Regional Director or Regional Review Examiner in their duties as directed, primarily related to BSA/AML and OFAC issues.

• Assist the lead examiner for BSA/AML target reviews and examinations for any institution, regardless of size and complexity.

• Assist the EIC of community bank examinations by leading / performing the BSA assignment.

• Interprets and ensures proper application of regulatory policies, procedures, laws and regulations.

• Analyzes areas of concern and personnel needs for upcoming examinations.

• Compile and analyze data and formulate conclusions.

• Prepares written comments and conclusions of BSA/AML and OFAC findings.

• Communicate examination findings to senior bank management and Board of Directors through oral presentation.

• Conduct reviews of examination reports, primarily related to BSA/AML and OFAC issues.

• Provides supervision, training and evaluation of assistant examiners.

• Completes assigned tasks in a thorough and timely manner.

• Attends all assigned schools and training seminars.

• Participates in ongoing training to hone expertise in BSA/AML and OFAC topics.

• Works extensively with the federal regulators to ensure examination activities are conducted in a well-coordinated manner.

• Perform other supervisory and research duties as prescribed by the appointed supervisor.

• Serve as a leader, mentor, and supervisor of less experienced examiners.

• Perform other duties as assigned.



Qualifications:

Minimum Qualifications:

• Graduation from an accredited four-year college or university with major course work in finance, accounting, business administration, economics, or job-related field with a minimum of six hours, nine preferred, in accounting to include basic and or intermediate accounting.

• Six years of progressive banking or regulatory experience in the regulation, examination, and analysis of financial institutions.

• Two years of current or recent regulatory or banking experience relating to BSA/AML and OFAC.

Copy of official college transcripts must be submitted with The State of Texas Application for Employment.

Preferred Qualifications:

• Work experience with a financial institution desired.

• Hold an Association of Certified Anti-Money Laundering Specialist (ACAMS) certification.

• Bilingual in Spanish and English with the ability to communicate well, both verbally and in writing.

Special Requirements:

• Position requires at least 50 % overnight travel. The selected person may be required to work independently for many examinations that require only one specialist.

• Must possess or obtain within six months a valid Texas Driver's license. Satisfactory driving records are required for driving any vehicle to conduct agency business. Final applicants must certify that personally owned vehicles used for agency business have Texas minimum liability coverage and a valid state inspection.

• This position requires that the incumbent demonstrate strong personal financial responsibility and integrity.

• Final applicants may be subject to an employment credit check, driving record check, and criminal background check.

• Applicants selected for an interview may be asked to complete a work style profile.

Knowledge, Skills, and Abilities:

• Possess and exhibit excellent oral and written communication skills.

• Possess working knowledge in the use of personal computers, including Microsoft Word and Excel.

• Ability to maintain effective working relationships with supervisors, co-workers, team members, regulated entity employees and the public.

• Ability to be self-motivated and exercise initiative and independent judgment.

• Ability to maintain confidentiality and handle sensitive information.

Physical & Cognitive Requirements:

The physical demands described here are represented of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions:

This position requires the incumbent to primarily perform sedentary office work; however, mobility (standing and walking) is routinely required to carry out some duties. It requires extensive computer, copiers, printers, telephone, and client/customer contact. The job also requires normal cognitive abilities requiring the ability to learn, recall, and apply certain practices and policies. It requires the stamina to maintain attention to detail despite interruptions. Marginal or corrected visual, speech and auditory requirements are required for reading printed materials and computer screens and communicating with internal and external customers.

This position requires:

• Regular and punctual attendance.

• Frequent use of personal computer, copiers, printers, and telephones.

• Frequent sitting.

• Frequent work under stress, as a team member, and in direct contact with others.

• Overnight Travel: at least 40% -70% with overnight stays, independently or part of a team.

How to Apply:

To submit your application for employment, select Apply Online. Create and/or Login to your on- line applicant profile and electronically submit your State of Texas Application for Employment.

All applications must contain complete job histories, which includes job title, dates of employment, name of employer, supervisor's name and phone number and a description of duties performed. If this information is not submitted, your application may be rejected because it is incomplete. Resumes do not take the place of this required information.

Applications Submitted through Work in Texas:

Applicants may submit applications through Work in Texas (WIT), however applicants must complete the supplemental questions in CAPPS Recruit to be considered for the position. In order to complete the supplemental questions, please register and/or login to CAPPS Recruit and access your profile. Go to CAPPS Recruit to Sign In (Link: https://capps.taleo.net/careersection/ex/jobsearch.ftl?lang=en) .

Transcripts:

If education is used to meet the minimum requirements of the job posting, a copy of college transcript(s) issued from the registrar must be uploaded in CAPPS for your application to be considered complete. Foreign education credentials must be evaluated by a NACES or AICE member credential evaluation service. Please contact jobs@dob.texas.gov immediately if you are having difficulty uploading transcripts to your application.

Military Crosswalk: https://hr.sao.texas.gov/Compensation/MilitaryCrosswalk/MOSC_AccountingAuditingandFinance.pdf

Remarks: State law prohibits any employee of the Department from being or becoming "directly or indirectly indebted to, or financially interested in an entity supervised or regulated by the Banking Commissioner." See Texas Finance Code, Section 12.107. Those selected for an interview will be contacted by telephone. Final male applicants between the ages of 18 to 26 will be required to furnish proof of registration or exemption from registration with the selective service system.

E-Verify: This organization participates in E-Verify. This employer will provide the Social Security Administration (SSA) and, if necessary, the Department of Homeland Security (DHS), with information from each new employee's Form I-9 to confirm work authorization.

The Texas Department of Banking is an Equal Opportunity Employer and does not discriminate on the basis of race, color, religion, sex, national origin, veteran status, age or disability in employment or the provision of services. A disabled individual requiring reasonable accommodation shall not be denied opportunity due to the disability. The applicant should contact Human Resources if reasonable accommodation is required during the application process at (512) 475-1345.