BSA Specialist-Hybrid remote-Covid-19 vaccinated

BSA Specialist

Job Description

The BSA Specialists will report directly to the Chief Compliance Officer and have a high level of accuracy and attention to detail. The BSA Specialist is responsible working directly with the BSA Analyst in preparing SAR and CTR filings as well as performing Due Diligence (DD) reviews on assigned member accounts to ensure compliance with Know your customer (KYC) policies and procedures. The BSA Specialist must have a knowledge of the Bank Secrecy Act and Anti-Money Laundering regulations. The BSA Specialist shall understand NBCU’s products, services, customers, entities, and geographic locations, and the potential money laundering and terrorist financing risks associated with the activities of our Marijuana Related Business accounts (MRB).

Perform on-going monitoring of accounts including:

· Review account application and documentation to ensue it aligns with the written analysis for on-boarding new accounts to ensure compliance with account opening policies and procedures.

· On-going oversight of alerts including analyzing customer account activity, and investigation of any suspicious activity and related behavior for potential Anti-Money Laundering (AML) transactions identified by suspicious activity research in accordance to NBCU policies and procedures.

· Monitor publicly available sources for adverse information about NBCU customers and related parties, when needed.

· Prepare and support the BSA Analyst in performing investigations and evaluate suspicious activity.

· Report currency transactions consistent with existing regulations and thresholds

Review daily transaction reports and file CTR reports ensuring accuracy and compliance with BSA requirements and in accordance with regulatory deadlines.

Review weekly AML reports and document actions including non-filing and filing of SARS where needed, ensuring accuracy and compliance with BSA requirements and in accordance with regulatory deadlines.

Suspicious Activity Response – Investigate escalated alerts of potential suspicious activity produced or referred by other areas of the credit union and determine appropriate course of action.

Serves as a resource for fraud or other suspicious activities.

Keep abreast of BSA and AML related regulations for changing compliance and recommend business process improvements.

Provide excellent service to all Members, volunteers, internal employees, and service providers.

Required Knowledge, Skills and Abilities
Excellent analytical, evaluation, communication and interpersonal skills.
Strong verbal and written communication skills with attention to detail a must.
Solid understanding of banking and fraud threats posed by Money Laundering activities.
Proficiency with computer programs
Organize workflow efficiently, self-direct personal training needs and utilize available resources.
Perform financial analysis, draw logical conclusions and make recommendations when needed
Act independently and confidentially with the ability to work from home little supervision.
Ability to distinguish and manage confidential information, materials and conversations.
Establish and maintain effective working relationships in a diverse environment, including working with employees from other departments.

Job Type: Full-time

Pay: $25.00 - $28.00 per hour

Expected hours: 40 per week

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Health insurance
• Life insurance
• Paid time off
• Tuition reimbursement
• Vision insurance

Schedule:

• 8 hour shift
• Day shift
• Monday to Friday

Work Location: Hybrid remote in Santa Rosa, CA 95403