Upon reviewing a CTR filing, I advised staff to revise "retired teacher" to "teacher." After re-reading the FINCEN FAQ, I realize the use of the non-descriptive "retired" is acceptable as we had a specific occupation to accompany.

Should an amended CTR be filed in this situation to include "retired"?

Also, does filing amended CTRs look bad to examiners?

Not worth amending. Train and go forth.

Agree with Randy that this one is not worth amending. See the updated exam manual - Section T. It lists out what is considered a primary & secondary error.

For your second question ... yes it could show an issue with training, data quality, etc ... depending on the volume or severity of the amendments.

For your second question ... or it could show that your internal control processes are working as designed.

From current experience with examiners - too many amendments can show your processes are not working as designed. It may mean you need to add additional quality checks before the CTR is sent.

Again, it depends on the volume & severity of the errors.

For example: if you file 100 CTRs with no RSSD number, that is a data quality issue. if you file 100 CTRs with no occupations, that is a training issue.

I am not saying you shouldn't amend - self identification of an error is always better than an examiner finding it. Just be prepared to show how you will prevent it from happening again in the future.